This product aims to diversify your portfolio and grow your investments on the global stage by accessing markets and sectors that aren’t easily available to retail investors.
FOUNDER, CEO & CIO
ALL DATA AS AT 31 JANUARY 2017
Annualised return since inception
Total Return since inception
The objective of our Global Fund is to provide investors with long-term growth by investing in global companies. This is our most diversified product, with approximately 500 underlying investments. Investing internationally also offers the prospect of participating in important global sectors and themes which are unavailable in New Zealand and Australia. Recommended investment time frame: 5 years.
The Global Fund will invest in managed funds whose managers have similar characteristics to Pie Funds, including:
- highly experienced investment professionals;
- investment by the portfolio managers in the managed funds;
- a focus on protecting capital as well as providing competitive long term returns; and
- a willingness to protect fund capacity in order to preserve the ability to generate returns.
In addition, the Global Fund may also invest directly in listed Smaller Companies globally, cash and ETFs. Direct investments are subject to the same standards as those applied to the Australasian Funds (being the Growth Fund, the Dividend Fund, the Growth 2 Fund and the Emerging Companies Fund).
During periods of uncertainty the Global Fund can increase its cash position up to a maximum of 100% of the portfolio to reduce downside volatility.
Further information in relation to how the investment strategy is implemented is set out above in the ‘Investment Strategy and SIPO Review’ section of this SIPO.
If you wish to invest, please download the Product Disclosure Statement (PDS) and complete the enclosed application form.
The Global Fund gives investors access to around 500 international companies. These investments are made through a combination of direct equity investments and via top fund managers from around the globe who have with similar investment philosophies to Pie Funds. This fund provides investors global diversification to regions such as UK/Europe, North America, Australasia, Japan and Emerging Markets.
Find out more about our global managers and our top holdings by checking out the latest Global Fund Fact Sheet.
Meet the Managers
Mike Taylor: Mike is the founder, CEO and CIO of Pie Funds. In addition to being the Global Fund manager, he also manages the Growth Fund and is the joint manager for the Growth 2 Fund. Prior to starting Pie Funds in 2007, he worked in a variety of roles in the financial industry both here and in the UK, including as a banking analyst for HBOS and an equities dealer for ABN Amro. His early career provided him with a diverse range of experience across the finance sector which Mike has used successfully in his role as CEO and portfolio manager. Click here to read Mike’s full profile.