3/23/2020 11:00:00 PM

Business as usual at Pie Funds (24/03/20)

Dear Investors,

Yesterday was a big day for our nation. We are thinking of you and your families as you transition into this new way of life for the upcoming weeks. We also wanted to reassure you that it is business as usual at Pie.

The Government and FMA has identified, Banks, KiwiSaver providers and Investment Managers as essential services to ensure our economy keeps running.

Pie Funds remains open for business. However, we have taken steps to ensure we keep our team healthy and safe. This means that the offices are now closed to the public, and the majority of our team are all working from home. We are prepared.

Under our Business Continuity Planning, we have practised many times performing all of our investment and other important functions off-site. Active investing is a 24-hour job in normal circumstances and our portfolio managers are used to managing their funds from home. We’re not only ready for this, it’s how many of us operate on a weekly basis. Our client team also has easy, quick access to our systems so we can see and discuss your investments with you exactly as we would if we were in the office.

We are still here for you, so please reach out to us via email or phone with any questions you might have. We understand this is a nervous time for investors so we encourage you to talk to us – we are here to help and where appropriate give you advice.

Stay strong New Zealand. We will get through.

Kind regards

Founder and CEO