It was dubbed the “Trump Bump” in 2016 when Wall Street rallied after Donald Trump’s election victory. Eight years later, history appears to be repeating, with the S&P 500 and Nasdaq indexes up by 5% since election day. The more industrial Dow Jones index is up by more than 7%.

New Zealand owned KiwiSaver manager Pie Funds today announced a $10m commitment towards Icehouse Ventures’ Growth Fund II, a $100m late-stage venture fund that provides exposure to 20 of New Zealand’s leading technology companies.

Regardless of what President-elect Donald Trump plans to do with the economy, US markets were in celebration mode this week, surging to new records – and probably lifting local KiwiSaver accounts with them.

With fair winds from Federal Reserve rate cuts and China’s new stimulus package the global markets have been experiencing a “melt-up”, says Pie Funds' Chief Investment Officer Mike Taylor.

When it comes to Wall Street meltdowns, September and October seem to have an outsized place in the popular imagination.

In our latest issue, Guy Thornewill (Head of Global Research), Toby Woods (Senior Investment Analysist for Global and UK & Europe Funds), Michelle Lopez (Head of Australasian Equities) and I have filmed our Investor Update presentations for you.

At Pie Funds, we understand the importance of local knowledge and the role people play in driving performance, which is why we have investment teams based in offices in Auckland, Sydney, London, and Hawke’s Bay.

In our latest video, Sam de Court (Wealth Advisor) and I are joined by Quinn Pierson (Investment Analyst, AU).

At Pie Funds, we understand the importance of local knowledge and the role people play in driving performance, which is why we have investment teams based in offices in Auckland, Sydney, London, and Hawke’s Bay.

Join Sam de Court (Wealth Advisor), Travis Murdoch (Head of Fixed Income), and Michelle Lopez (Head of Australasian Equities) who will provide the latest update on markets.

Investing doesn’t have to be difficult. With just $1,000, you can invest in a Pie Investment Fund and set the stage for a wealthier tomorrow!

In the latest Morningstar KiwiSaver report to 30 June 2024 we were really pleased to see our Pie KiwiSaver Growth and Balanced Funds both being ranked number one for 1 year returns to 30 June 2024 versus the competition.

When it comes to planning for retirement, KiwiSaver is one of the best tools to ensure you are prepared.

It’s always important to be prepared, and that holds especially true when it comes to investing. You need to be positioned to make hay while the sun shines but also have cover to protect yourself when the rain sweeps through.

There are a number of factors affecting world markets such as global political climate, ever changing interest rates, and now raising impacts of AI technologies. So how do we steady the ship during turbulent times?

The last twelve months have continued to be a volatile time, and markets certainly haven’t disappointed. At the Pie KiwiSaver Scheme, we believe conditions like these are a ‘hunter’s paradise’, with plenty of strong opportunities for long-term KiwiSaver growth to be found.

Balancing risks and returns has always been one of the main priorities for us at the Pie KiwiSaver Scheme. Especially when inflation rates are higher and markets are less predictable. However, with the long term approach and knowledge of investment fundamentals, there are still plenty of strong investment opportunities to be found.

If there is one thing that the last few years have taught us, a Global pandemic, wars and market volatility, it is the importance of following key pillars for long-term KiwiSaver growth. These pillars have been developed over years of active fund management experience.

2024 Investment Insights with Pie KiwiSaver: A Look Ahead

In this KiwiSaver market update we cover the results of our KiwiSaver Growth Fund perormance and overall great year for growth assets.