Pie emerging fund

[Joshuatree]

Has anyone subscribed for this new fund.?Going on the performance of the other two i guess there would be alot of int? If not , anything in the prospectus you dont like eg the time it takes to withdraw funds and they can control how much is withdrawn in any time frame.Ive never been big on unit trusts and i guess there will be higher risk in this one. cheers JT

[777]

It is already fully subscribed.

[CJ]

It is already fully subscribed.I was emailed a link to their investment statement today. Unusual for them to be marketing if all their funds are full.

I note they are planing a new global fund but I dont think that would be covered under the same investment statement.

[Joshuatree]

Nobody applied? mmmmhh:glare:

[777]

Part of email I received from them

Demand for the new fund far outstripped capacity, so unfortunately we have had to scale back allocations.

[777]

Nobody applied? mmmmhh:glare:

I did. I have done very well with the previous fund. Expect the same with this one. Accumulating cash for the next one later in the year.

[Grimy]

I got some too. As a holder in one of the earlier funds we were asked for our interest in the new fund a couple of months back.

[ob1kinobi]

Hey JT, I've never been big on unit trusts either, but in my mind its a pretty simple question of performance, and MT's performance has kicked mine and then some over the last couple of years. Past performance is no guarantee of future performance but I've been happy to back him again.