Pie Funds on InvestNow
Pie Funds offer the Pie Australasian Dividend Growth Fund, Pie Global Growth 2 Fund and Pie Growth UK & Europe Fund (all equities funds).
Learn more about Pie Funds, their investment options available to InvestNow customers plus access their latest news & updates.
Pie Funds is one of 30+ specialist investment managers that have partnered with InvestNow.
How Pie Funds describe themselves:
We were founded in 2007 with the simple philosophy of outperforming the markets by investing in growth companies. Founder, Mike Taylor believed most fund managers were serial underperformers, and saw an opportunity to launch a specialist boutique investment firm.
We have over $2.5 billion of funds under management across the Pie Funds and JUNO KiwiSaver brands.
For more information about us, please visit www.piefunds.co.nz
Pie Funds investment options
Below is the range of investment options from Pie Funds that are available through the InvestNow platform. To see a full range of managed fund investment options available on InvestNow, please click here.
Using the table below:
To view more information about a fund and to view a Product Disclosure Statement, scroll to the right. To see a fund’s description on desktop, hover over the fund name. To see a fund’s description on mobile, click ‘read description’.
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Important Information
- For a description of what each column heading means, please click here.
- The performance figures are for periods ending 30 November 2024.
- Past performance is not a guarantee of future returns. Returns are after fees, before tax and denominated in NZD. Performance figures over 1 year are annualised.
- Performance data is sourced from Morningstar or from the underlying fund manager.
- For any funds offered within the InvestNow KiwiSaver Scheme, the fund performance figures outlined are for the underlying funds that it invests into.
- Please note, the PDS fee is the manager’s estimated total annual fund charge as stated in the Product Disclosure Statement (PDS) for this fund. The Quarterly Fund Update (QFU) Fee is the latest actual total annual fund charge reported by the fund for its most recent financial year, as stated in the fund’s most recent Quarterly Fund Update. Both figures include any applicable GST as well as any performance-based fees if applicable.
- Transaction-based charges may also apply when you buy or sell a fund, which could include buy/sell spreads (as outlined in the buy/sell spread column), entry/exit fees (denoted by * in the buy/sell spread column), or swing pricing adjustments (denoted by ** in the buy/sell spread column). Please see the PDS for full details on the charges that can apply.
- Managed funds in New Zealand must have a standard risk indicator. The risk indicator is designed to help investors understand the uncertainties both for loss and growth that may affect their investment. You can compare funds using the risk indicator – 1 is lower risk and potentially lower returns, while 7 is higher risk and potentially higher returns.
Latest news & updates from Pie Funds
Slice Of Pie – Dec ’24
December 2024
The month of November was an extremely busy one for the Pie Funds team! We hosted our annual client investor series, which included six presentations up and down the country, and we got to rub shoulders with you, our clients, and KiwiSaver members.
Slice Of Pie – Nov ’24
November 2024
Global stocks nervously edged higher this October, traditionally a volatile month for markets. The United States (US) elections took centre stage, with a notable shift as markets moved from pricing in a Democratic victory to anticipating a Republican win under Donald Trump.
Slice Of Pie – Oct ’24
October 2024
Keeping you up to date with Pie Funds and the markets.
Manager’s Perspective: How tax implications influence investment decisions
September 2024
InvestNow asked Pie Funds to share their insights on how tax implications influence investment decisions.
Slice Of Pie – Sept ’24
September 2024
Keeping you up to date with Pie Funds and the markets.
Pie Funds – a smarter way of investing with PIEs
July 2024
Founder and CIO, Mike Taylor, shares the history behind the Pie Funds name and why it transcends mere corporate identity.
Market Watch: Tesla, Nvidia, the stars leading Wall Street’s recovery, and why NZ is lagging
With interest rates riding high, is it time for investors to reduce risk and head for cash?
Market Update November 2023: Michelle Lopez
In part four of our November Market Update video series, we hear from Head of Australasian Equities, Michelle Lopez.
In this video, Michelle explores the influence of consumer strength and earnings expectations on the share market, delves into opportunities within micro caps, and outlines our approach to managing risk through diversified sector exposure.
Market Update November 2023: Toby Woods
In part three of our November Market Update video series, we hear from senior analyst on British, European and global companies, Toby Woods.
In this video, Toby explores market opportunities in Scandinavia, analyses the economic growth in France and explains the importance of innovation for investment decisions.
Market Update November 2023: Guy Thornewill
In part two of our November Market Update video series, we hear from Head of Global Research Guy Thornewill.
In this video, Guy discusses how higher interest rates are affecting company profits, he explores opportunities in emerging global markets and he also discusses the manufacturing renaissance in the US.
Market Update November 2023: Mike Taylor
In part one of our November Market Update video series, we hear from Founder and Chief Investment Officer, Mike Taylor.
In this video, Mike delves into global inflation, interest rates, examines the impact of Middle East conflicts on oil prices, and introduces the new upcoming products at Pie that we’ve been working on behind the scenes.
Market Watch: 1000 day bear market – surviving ‘the great malaise’
Call it Groundhog day, death by 1000 cuts or “the Great Malaise”, it feels like investors are caught in a feedback loop endlessly waiting for the call that interest rates have peaked.
A Message from Mike: Have interest rates peaked?
SMALL CAPs are on SALE
I’m certainly glad to have the month of October behind us. Geopolitical risks and higher interest rates sent the market into a tailspin.
Fortunately, as November has commenced, seasonally we’ve moved into a period which has historically been a positive time for markets, and sure enough, right on cue, the winds have shifted.
Market Watch: Has election fatigue rubbed off on the sharemarket?
Despite the fact that we all get consumed by the drama of a general election, the reality is that market performance tends to be divorced from domestic politics, says Pie Funds chief investment officer Mike Taylor.
A Message from Mike: What’s moving the markets right now?
What do bigger storm clouds mean for investors?
Well, September lived up to its (seasonal) expectations, with volatility increasing and stock markets falling. Tech and small caps once again bore the brunt of the sell-off. The Nasdaq fell 5.77% and the US Russell 2000 fell 6.03%. Our own market fell around 2.23%.
Market Update September 2023
In our latest video, Sam and I are joined by Michael Goltsman, our Australasian Growth Fund Manager based in Sydney – we cover:
- The feeling over in the UK and Europe for businesses
- What’s driven the performance of Australasian funds
- Why there are reasons to be positive about the topics of inflation, recession and energy prices
Market Watch: What high interest rates mean for sharemarket investors
With interest rates riding high, is it time for investors to reduce risk and head for cash?
There’s no getting around the fact that bank deposits are looking attractive with long-term fixed rates around 6 per cent, PIE Funds chief investment officer Mike Taylor says.
It’s always a difficult topic for an active fund manager, Taylor concedes.
A Message from Mike: What’s moving the markets right now?
The Secret to Warren Buffett’s Success
At the end of August, the world’s greatest investor, Warren Buffett turned 93. What many people don’t realise is that what makes Buffett the Oracle of Omaha, the sage, or simply one of the world’s most successful investors – as judged by the size of his net worth – is not that he makes the most money every year.
Market Watch: Why high interest rates aren’t crashing the economy … yet
Demographic trends are preventing the economy from crashing despite the fastest and steepest rise in interest rates in modern history, says Pie Funds chief investment officer Mike Taylor.
Central banks – including New Zealand’s Reserve Bank – have embarked on an aggressive tightening cycle pushing mortgage rates to highs not seen since 2007.
Prepared for a rainy day
It’s always important to be prepared, and that holds especially true when it comes to investing. You need to be positioned to make hay while the sun shines but also have cover to protect yourself when the rain sweeps through.
Market Update August 2023
In our latest video, Sam and I are joined by Toby Woods, our Senior Investment Analyst based in London.
We cover:
- The pullback this August after the bull market run
- The resilience of Australasian small caps
- Whether Europe and the UK are back in travel mode post-COVID
A Message from Mike: Are higher interest rates really working?
A rewarding month
July was a strong month for the funds across the board, and it was great to have the wind at our backs (at last) for the Australasian Funds. Long may it continue.
2023 Mid-Year Market Update: Global Markets
In part three of our Mid-Year Market Update video series, we hear from Head of Global Research Guy Thornewill. In this video, Guy discusses how it’s the mega-cap tech companies who are driving the market gains, goes over how we’re making our picks when it comes to stocks likely to be affected by AI disruption and areas we’re keeping an eye on when it comes to industry tailwinds.
2023 Mid-Year Market Update: Australasia Focus
In part two of our Mid-Year Market Update video series, we hear from Head of Australasian Equities Michelle Lopez. In this video, Michelle looks at the who the winners with AI are likely to be in Australasia, how commodities are being classed and impacting markets and companies who are building the infrastructure for electric vehicles.
2023 Mid-Year Market Update: Economic Climate
In part one of our Mid-Year Market Update video series, we hear from Pie Funds CIO and Founder Mike Taylor. In this video, Mike shares his views on current market conditions, how we got here over the last few years and what impacts AI might have on markets in the coming future.
June Fund Fact Sheets
Read this month’s fund fact sheets (note – not all of these funds are available to InvestNow customers):
Market Watch: Will AI-mania crash the stock market or create real wealth?
AI mania has taken hold of Wall Street, as stocks associated with the revolutionary new technology soar in value this year while everything else on the market remains flat. That has prompted fears that we are headed for a repeat of the latest 1990s dot.com bubble that ended with a big stock market crash.
A Message from Mike: Back in a bull market?
There’s an old saying, “If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck”. So, after a strong start to 2023, with the S&P500 up over 20% from its October lows, investor sentiment thawing out, interest rates close to a peak, inflation falling and company earnings improving, it’s probably fair to say that we are back in a bull market.
What has 15 years of investing taught us?
Build your wealth over the long term
“I am proud of the wealth we have created for our clients,” Founder and Chief Investment Officer Mike Taylor says.
We look for tailwinds
The first half of 2023 proved to be fairly volatile, with many factors – such as inflation, interest rate hikes and the impacts of AI
Market Watch: The AI frenzy fuelling the new tech boom
“We are definitely back into a bull market for the Nasdaq,” Taylor told Market Watch. “It’s quite phenomenal actually, what’s happened in the last couple of months, even in just in the last week, year to date, the Nasdaq is up 30 per cent after being after a terrible 2022 performance.”
A Message from Mike: The small cap effect
I recently spent a few days in our Sydney office with the AU team and we discussed the slowing retail environment from higher rates, but also some bargains that are appearing within the small cap sector. I’m seeing a lot of value appearing …
Risk is a Natural Part of Investing – How You Manage it is the Key
Investing in the stock market is a risky business, but the real risk is not knowing what you’re invested in. How you identify, mitigate and manage risk is one of the most important factors when it comes to investing …
Market Update May 2023
In this update, we’re joined by Toby Woods, Senior Investment Analyst for Global and UK & Europe funds over in London.
We cover – What’s been affecting markets this month; the scoop from London on positive moves in Europe …
Market Watch: An end in sight? Signs the economic cycle is turning
For investors, it’s starting to seem like we are trapped in a never-ending wait for inflation to fall and interest rates to peak…
Funds Snapshot – Monthly Update as at 30 April 2023
The Australasian Growth Fund returned 5.6% in April 2023, taking its 12-month return to -7.9%…
A Message from Mike: A positive April
I’m pleased to report that April saw all funds post positive returns, and it’s great to see that – after some hard work by the…