The Dividend Growth Fund's objective is to generate income and capital growth over a period exceeding five years. The Fund invests predominantly in listed Australasian smaller and medium companies that pay dividends or will produce cash-flow available for future distributions.
We look for companies that exhibit two major characteristics: value and growth. These are companies listed in Australia and New Zealand. We believe that it is better to focus our attention on a handful of carefully selected investments, so we will typically have no more than 35 of our best ideas in the Fund.
The Fund is designed to grow capital by investing in a small number of growth companies where we consider value is greatest and the opportunity of earnings growth is high. We focus on those companies with a sustainable dividend.
We intend to make bi-annual income distributions from Fund declared on or about 30 June and 31 December, or units can be reinvested as requested.
5+ years
As at 31 May 2025
7.0%
15.2% p.a.
As at
$-.--
This Fund has a 6 out of 7 risk rating.
Cumulative return since inception
Past performance is not a guarantee of future returns. All figures are calculated after fees and before any applicable tax.
Portfolio Manager (AU)(MCOM, BA)
Mike is the Lead Portfolio Manager of the Australasian Dividend Growth Fund and Co-Portfolio Manager of the Australian Growth Fund.
Mike has been the lead Portfolio Manager of the Australasian Dividend Growth Fund since 2018. He joined Pie in 2015 as an investment analyst.
Mike holds a Master of Commerce (Finance) and BA (Media & Communications) from the University of New South Wales.
Portfolio Manager (AU)(BCOM)
Michael is the Lead Portfolio Manager of the Australasian Growth Fund and the Co-Portfolio Manager of the Australasian Dividend Growth Fund. He is also responsible for conducting research on Australasian equities.
Prior to joining Pie, Michael worked at Ophir Asset Management as a Portfolio Manager. Before that, he was previously based in London, working as head of Citi’s UK Small & Mid Cap equity research team.
Michael holds a Bachelor of Commerce with Majors in Actuarial Studies and Finance from the University of New South Wales. He is a CFA charterholder.
Portfolio Manager (AU)(MCOM, CFA)
Shawn holds a Masters in Commerce from the University of New South Wales and is a CFA charterholder.