With term deposit rates with most New Zealand’s major banks now under 1%, the scene is set for many term deposits to earn next to nothing, or even go backwards after tax, in 2021.
Whether it’s a bull or bear market, you don’t want your term deposits locked in. You want to be able to respond quickly to opportunities and be earning decent returns.
Depending on your risk appetite and investment horizon, Pie’s Conservative Fund offers a potential term deposit alternative.
The Fund’s objective is to preserve capital with some growth and outperform the market index by investing about 80% in cash and fixed income, and 20% in equities (shares) and other financial products. View Conservative Fund
Features of Pie’s Conservative Fund include:
An experienced investment team
Pie’s CEO and Founder Mike Taylor is the portfolio manager of the Conservative Fund. You’ll benefit from Mike and his team’s investing and active management experience.
Still a lower-risk, low volatility option
The Conservative Fund has diversity across cash, New Zealand and international fixed interest, and international equities (shares). Read more about the target investment mix here.
Regularly quarterly distributions
For investors seeking a regular source of income, the Pie Conservative Fund pays quarterly distributions. Investors can be paid these directly, or have them reinvested back into their fund (known as the compound effect). We can also tailor withdrawals to suit investors’ needs to set a specific withdrawal amount or frequency from the fund i.e. monthly withdrawals of $500 to supplement government superannuation payments.
Ongoing liquidity without break costs
Get access to your money within 5 business days with no break costs or associated fees. Accessing money on term deposits may take far longer and can incur break costs too.
Get in touch
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. Information is current as at 11 February 2021.