11/10/2021 11:00:00 PM

Investing in strong trends can bring benefits


Since the pandemic began, the demand for cloud computing and increased data use has provided strong investment opportunities for Pie’s Australasian Dividend Growth Fund.

Sydney-based Macquarie Telecom, an owner of data centres and provider of cloud services, is one company that has benefited from this demand. Uniti Wireless, an owner of fibre infrastructure, is another which is also exposed to increased data consumption and reliance on high speed connectivity.

As retail shops closed during Covid-19, online shopping became the norm. ASX-listed City Chic is a predominantly ecommerce company in the plus-size apparel sector. It is a business that our fund invested in to take advantage of this shift in consumer behaviour to online.

Our active management strategy means we can also be nimble and take advantage of opportunities in growth companies and sectors across Australasia, in this ever-changing pandemic environment.

This includes the Australasian Dividend Growth Fund. Its portfolio favours companies exposed to structural growth tailwinds, led by founders or management with skin in the game.

This fund does however have a risk rating of 5 out of 7 (high risk) so it’s important to read the Product Disclosure Statement before deciding whether to invest.

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Pie’s Australasian Dividend Growth Fund:

+ Aims for long-term capital growth
Diversify your investments through exposure to Australasian opportunities, as we aim to deliver long-term capital growth.

+ Six-monthly distribution payments
For investors seeking a regular source of income, the fund pays six-monthly distributions. Investors can be paid these directly, or have them reinvested back into their fund to benefit from future returns.

+ Hand-picked smaller high growth Australasian companies
Invest in quality companies hand-picked by the investment team. Our specialised researchers use analysis and experience to identify opportunities that might not be so readily apparent to retail investors. 

+ The fund has been one of Pie’s best performing funds
The Dividend Growth Fund has significantly outperformed its market index over the past 10 years. The fund has a 10-year annualised return of 19.0%*, compared to its market index return of 4.7% for the same period. It is a result we are very proud of. The fund has returned 481.07% since inception in 2011. (Figures are after fees and before tax as at 31 October 2021).

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Past performance is not a reliable indicator of future performance. Returns can be negative as well as positive and returns over different periods may vary.  

*Figures are after fees and before tax as at 31 October 2021, showing annualised 10-year return. Market index used is XSOAI S&P/ASX Small Ordinaries Accumulation Index 

View the Product Disclosure Statement (including details of the risks associated with this fund) plus our duties and complaints process, at www.piefunds.co.nz. Information is current as at October 2021. Pie Funds Management Limited is the manager of the funds in the Pie Funds Management Scheme. Any advice is given by Pie Funds Management Limited and is general only. Our advice relates only to the specific financial products mentioned and does not account for personal circumstances or financial goals. Please see a financial adviser for tailored advice. You may have to pay product or other fees, like brokerage, if you act on any advice. As manager of the Pie Funds Management Scheme investment funds, we receive fees determined by your balance and we benefit financially if you invest in our products. We manage this conflict of interest via an internal compliance framework designed to help us meet our duties to you. For information about how we can help you, our duties and complaint process and how disputes can be resolved, or to see our product disclosure statement, please visit www.piefunds.co.nz. Please let us know if you would like a hard copy of this disclosure information.