Conservative

This fund is a conservative option that aims to outperform bank rates.

Bianca Fledderus
INVESTMENT ANALYST & CO-PORTFOLIO MANAGER




ALL DATA AS AT 30 SEPTEMBER 2018

Inception

Apr 2015

5.1

%
p.a.

Annualised return since inception*

18.7%

Total Return since inception*

Open

The Fund

The Conservative Fund’s objective is to outperform bank rates by investing about 80% in cash and 20% in equities and other financial products, directly or through other Pie funds. This fund is a conservative investment. This fund is open. Click here to view the latest Fund Update.

Investment Process

The Fund is designed to protect and grow capital by investing mostly in cash held on call of deposit with New Zealand registered banks. The Fund can also invest in equities and, at our discretion, in bonds and other financial products. 

Further information about how the investment strategy is implemented is in the SIPO.

If you wish to invest, please read and download the Product Disclosure Statement (PDS) and the Statement of Investment Policy and Objectives (SIPO), then complete the online application form.

Investments

Approximately 80% of the fund will be invested with New Zealand registered banks in cash, held on call or term deposit. Approximately 20% of the fund will be invested across our funds, namely the Growth 2, Dividend, and Global Funds.

Find out more about our top holdings by checking out the latest Conservative Fund Fact Sheet. 

Meet the Managers

Chris Bainbridge: Chris is responsible for detailed analysis of Australasian companies. He is also the Portfolio Manager of the Growth 2 Fund, and Co-Portfolio Manager of the Growth and Conservative Funds. Click here to read Chris’s full profile.

Bianca Fledderus: Bianca is an Investment Analyst at Pie Funds and the Co-Portfolio Manager of the Conservative Fund. Bianca joined Pie Funds in September 2016. Click here to read Bianca's full profile.

Open
* Past performance is not an indicator for future performance. All figures are calculated after fees and before any applicable tax.