Investment Options No Longer Accepting Applications

Over time, the fund managers we work with may decide to close their fund(s) to new applications – most often this applies to the fund irrespective of where it is made available to investors, or can be specific to InvestNow customers.   In such circumstances InvestNow customer continue to hold units in these funds, they can redeem them, but some of the information about the fund(s) are no longer accessible within the customer’s portfolio e.g. disclosure documents and some performance data.

The table below provides links to external sites where this data can be accessed – click on the relevant link to access it.

Fund Manager

Fund Name

Fund Status

Reason for Status

Fund Manager Website

SmartInvestor Information
Milford Milford Dynamic Fund Closed to new applications. There is a capacity constraint on this fund. Milford SmartInvestor
Pie Funds Pie Dividend Growth Fund Closed to new applications – InvestNow only There is a capacity constraint on this fund and Pie Funds want to reduce the investment in this fund from platforms such as ours. Pie Funds SmartInvestor
PMG Funds PMG Generation Fund Closed to new applications. Fund initially offered as part of a capital raise, which is now closed. PMG Funds SmartInvestor
PMG Funds Pacific Property Fund Limited* Closed to new applications. Fund initially offered as part of a capital raise, which is now closed. PMG Funds SmartInvestor

*Please note, the Pacific Property Fund Limited is its own legal entity, the manager of the fund is PMG Property Funds Management Limited.