Funds
PIE Global Growth Fund
Issues of concern
The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
Weapons
-
Hanwha Aerospace Co., Ltd. 0.10%
Firearms
Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.
Military Weapons
Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
-
Hanwha Aerospace Co., Ltd. 0.10%
Fossil Fuels
-
Vista Energy Sab De Cv 0.03%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Jindal Stainless Ltd. 0.02%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
-
Vista Energy Sab De Cv 0.03%
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.
About this fund
In their own words
The Pie Global Growth Fund seeks to provide investors with long term capital growth by investing predominantly in listed Smaller Companies globally. The fund may also invest in managed funds with similar characteristics to Pie Funds.
| Value | $290M NZD |
| Period of data report | 30th Sept. 2024 |
| Fund started | 2nd Sept. 2013 |
| Total annual fund fees | 1.58% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.45% |
| Other management and administration charges | 0.13% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Michael Taylor |
Currently: Executive Director and Chief Investment Officer (2 years, 6 months) |
|
Guy Thornewill |
Currently: Head of Global Research (6 years, 2 months) |
|
Toby Woods |
Currently: Senior Investment Analyst (5 years, 1 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.
Past Returns
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% | 6.03% |
| 2023 | -4.85% | 3.14% |
| 2022 | 3.53% | -0.45% |
| 2021 | 35.55% | 41.57% |
| 2020 | -7.06% | 3.49% |
| 2019 | 10.17% | 1.91% |
| 2018 | 7.53% | 15.14% |
| 2017 | 9.49% | 14.12% |
| 2016 | 4.71% | 1.05% |
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 30th Sept. 2024.
Top 10 Investments
-
William Blair Sicav - Emk Smc I Class
United States International Equities7.26% -
Colliers International Group Inc
United States Listed Property5.57% -
BNZ Call Account - NZD
New Zealand Cash and Equivalents AA-5.03% -
Blackbaud Inc
United States International Equities4.22% -
Merit Medical Systems Inc
United States International Equities4.02% -
Hillman Solutions Corp
United States International Equities4.01% -
Cbiz Inc
United States International Equities3.92% -
Littelfuse Inc
United States International Equities3.67% -
Discoverie Group PLC
United Kingdom International Equities3.57% -
Century Pacific Food Inc
Philippines International Equities3.35%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 11.2% |
| 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% | 83.23% |
| Listed Properties | 0.0% | 5.57% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.