The Fund seeks to provide investors with long term capital growth by investing predominantly in a concentrated portfolio of hand-picked listed UK and European Smaller Companies, where Pie Funds considers value is greatest and the opportunity of earnings growth is high. The Fund may also invest in other types of financial products such as cash and unlisted equities.
| Value | $186M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 1st Nov. 2016 |
| Total annual fund fees | 1.86% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.85% |
| Other management and administration charges | 0.01% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Michael Taylor |
Currently: Executive Director and Chief Investment Officer (2 years, 9 months)
|
|
Guy Thornewill |
Currently: Head of Global Research (6 years, 5 months)
|
|
Toby Woods |
Currently: Senior Investment Analyst (5 years, 4 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 14.61% | 12.02% |
| 2023 | -4.85% | -7.95% |
| 2022 | 3.53% | -2.98% |
| 2021 | 35.55% | 61.07% |
| 2020 | -7.06% | -9.12% |
| 2019 | 10.17% | -1.88% |
| 2018 | 7.53% | 12.03% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Boku Inc
United Kingdom International Equities
Frp Advisory Group PLC
United Kingdom International Equities
Biogaia Ab
Sweden International Equities
Discoverie Group PLC
United Kingdom International Equities
Trainline PLC
United Kingdom International Equities
Planisware SA
France International Equities
Bonesupport Holding Ab
Sweden International Equities
Invisio Communications Ab
Sweden International Equities
Id Logistics Sas
France International Equities
Bufab Ab (Publ)
Sweden International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 6.42% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 100.0% | 91.28% |
| Listed Properties | 0.0% | 2.29% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 30th Sept. 2024 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
The Fund seeks to provide investors with long term capital growth by investing predominantly in a concentrated portfolio of hand-picked listed UK and European Smaller Companies, where Pie Funds considers value is greatest and the opportunity of earnings growth is high. The Fund may also invest in other types of financial products such as cash and unlisted equities.
| Value | $186M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 1st Nov. 2016 |
| Total annual fund fees | 1.86% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.85% |
| Other management and administration charges | 0.01% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Michael Taylor |
Currently: Executive Director and Chief Investment Officer (2 years, 9 months)
|
|
Guy Thornewill |
Currently: Head of Global Research (6 years, 5 months)
|
|
Toby Woods |
Currently: Senior Investment Analyst (5 years, 4 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 14.61% | 12.02% |
| 2023 | -4.85% | -7.95% |
| 2022 | 3.53% | -2.98% |
| 2021 | 35.55% | 61.07% |
| 2020 | -7.06% | -9.12% |
| 2019 | 10.17% | -1.88% |
| 2018 | 7.53% | 12.03% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Boku Inc
United Kingdom International Equities
Frp Advisory Group PLC
United Kingdom International Equities
Biogaia Ab
Sweden International Equities
Discoverie Group PLC
United Kingdom International Equities
Trainline PLC
United Kingdom International Equities
Planisware SA
France International Equities
Bonesupport Holding Ab
Sweden International Equities
Invisio Communications Ab
Sweden International Equities
Id Logistics Sas
France International Equities
Bufab Ab (Publ)
Sweden International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 6.42% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 100.0% | 91.28% |
| Listed Properties | 0.0% | 2.29% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
