InvestNow News – 25th September – Pie Funds – Are you missing out on global returns?
Article written by Pie Funds – 21st September 2020
Are you missing out on investment opportunities among the world’s listed companies?
Pie’s Global Growth Fund delivered 24.8% returns (after fees, before tax) in the year to 31 August 2020, compared to its benchmark* of 0.6% – an impressive result for investors.
CEO and founder Mike Taylor acknowledges a year is a short period for evaluating investment performance but is nevertheless pleased, as picking growth companies is hard – let alone in a Covid-19 environment which really tests investment ability.
“This year further reflects the abilities the Pie investment team has displayed in recent years for the fund, which has returned 12.8% annualised for the three years to 31 August 2020, compared to 6.4% for its benchmark*.”
Turning back to Covid’s effect on markets in the past year, Taylor says: “It’s impacting economics and businesses in many different ways – there is a lot of noise out there.”
“At Pie, we employ active management to select the companies that we think will do well in the current environment. That meant with Covid, we adjusted our strategy to focus on Covid beneficiaries initially.
“Now we are turning to look more at who will benefit from a broad-based recovery if a vaccine was available for 2021.”
Through the Global Growth Fund, investors get access to a portfolio of smaller global companies not easily accessed by retail investors. Smaller global companies offer investment managers a broad, rich and under-researched opportunity set. This means investors with strong resources, such as Pie Funds, can find promising businesses before the rest of the market.
Diversify your portfolio through Pie’s three Global Growth funds. You’ll have the opportunity to invest in, and benefit from the performance of, some of the world’s leading companies.
Pie’s global funds benefit from on-the-ground research from its two London-based investment analysts. They work hard to find and recommend great investment ideas for the portfolio management team in Auckland.
Why Pie Global Growth?
- Three excellent fund options – Global Growth, Growth UK & Europe, and Global Growth 2
- Researched and managed by Pie’s experienced international equities team from the UK and Auckland
- Access to companies not easily available to retail investors
*Global Growth Fund’s benchmark index is STEMGLU S&P Global SmallCap Gross Total Return (NZD), which returned 0.6% in the year to 31 August 2020.
Any advice in this material is general in nature only and does not take into account any particular person’s financial objectives, goals or circumstances. If you would like some tailored advice, we recommend you see a financial adviser. To obtain access to our product disclosure statement, please visitwww.piefunds.co.nz. Past performance is not a guarantee of future returns. Returns can be negative as well as positive and returns over different periods may vary. Information is current as at 21 September 2020.
InvestNow News – 25th September – Pie Funds – Are you missing out on global returns?
Article written by Pie Funds – 21st September 2020
Are you missing out on investment opportunities among the world’s listed companies?
Pie’s Global Growth Fund delivered 24.8% returns (after fees, before tax) in the year to 31 August 2020, compared to its benchmark* of 0.6% – an impressive result for investors.
CEO and founder Mike Taylor acknowledges a year is a short period for evaluating investment performance but is nevertheless pleased, as picking growth companies is hard – let alone in a Covid-19 environment which really tests investment ability.
“This year further reflects the abilities the Pie investment team has displayed in recent years for the fund, which has returned 12.8% annualised for the three years to 31 August 2020, compared to 6.4% for its benchmark*.”
Turning back to Covid’s effect on markets in the past year, Taylor says: “It’s impacting economics and businesses in many different ways – there is a lot of noise out there.”
“At Pie, we employ active management to select the companies that we think will do well in the current environment. That meant with Covid, we adjusted our strategy to focus on Covid beneficiaries initially.
“Now we are turning to look more at who will benefit from a broad-based recovery if a vaccine was available for 2021.”
Through the Global Growth Fund, investors get access to a portfolio of smaller global companies not easily accessed by retail investors. Smaller global companies offer investment managers a broad, rich and under-researched opportunity set. This means investors with strong resources, such as Pie Funds, can find promising businesses before the rest of the market.
Diversify your portfolio through Pie’s three Global Growth funds. You’ll have the opportunity to invest in, and benefit from the performance of, some of the world’s leading companies.
Pie’s global funds benefit from on-the-ground research from its two London-based investment analysts. They work hard to find and recommend great investment ideas for the portfolio management team in Auckland.
Why Pie Global Growth?
- Three excellent fund options – Global Growth, Growth UK & Europe, and Global Growth 2
- Researched and managed by Pie’s experienced international equities team from the UK and Auckland
- Access to companies not easily available to retail investors
*Global Growth Fund’s benchmark index is STEMGLU S&P Global SmallCap Gross Total Return (NZD), which returned 0.6% in the year to 31 August 2020.
Any advice in this material is general in nature only and does not take into account any particular person’s financial objectives, goals or circumstances. If you would like some tailored advice, we recommend you see a financial adviser. To obtain access to our product disclosure statement, please visitwww.piefunds.co.nz. Past performance is not a guarantee of future returns. Returns can be negative as well as positive and returns over different periods may vary. Information is current as at 21 September 2020.
