10/15/2020 11:00:00 PM

Our funds are top performers


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Three of our funds have achieved 5-star ratings from Morningstar³, and four have been ranked among the top five performers in their respective Morningstar categories.¹

Pie’s Emerging Fund has been ranked #1, Growth UK and Europe ranked #1, Growth 2 Fund ranked #3, and Global Growth ranked #4 in their respective Morningstar categories for the 12 months to 30 September 2020.¹

This 12-month returns period includes the significant market volatility from Covid-19, so this is an excellent result. Key factors to our success are our effective use of active management strategies, including picking strong-performing companies to invest in.

While 12 months is short-term performance, we are happy with the results.

Growth 2, Emerging and Global Growth have a Morningstar 5-star Overall Rating™ for their five-year performance to 30 September 2020 as well, respectively returning 19.95%, 19.89% and 11.20% annually.

Our fund rankings:

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¹Emerging and Growth 2 were first and third, respectively, in the Equity Region Australasia category (32 funds), Growth UK & Europe was #1 in the Equity Region Europe category (4 funds), and Global Growth was #4 in the Equity Region World category (31 funds). Based on 12-month returns to 30 September 2020 in the Morningstar Fund Report. Morningstar results are after fees and before tax. Source: https://www.morningstar.com.au/Search/MoreResults/Pie

© 2020 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser.

The Morningstar Rating is an assessment of a fund’s past performance – based on both return and risk – which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision.

² Growth and Emerging funds are closed.

³Growth 2 and Emerging funds have received a Morningstar 5-star Overall Rating™ out of 29 Equity Region Australasia funds, Global Growth fund has received a Morningstar a 5-star Overall Rating™ out of 25 Equity Region World funds as on 30/09/2020

To download our product disclosure statements, go to www.piefunds.co.nz.  Past performance is not an indicator for future returns. This information is general in nature only. You may wish to discuss with an expert before relying on it.


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