Yep in the age of the PIE fund the old "income versus growth" distinction has become artificial for most investors.

With a PIE fund having all the tax treatment wrapped up in the fund, you can take as much or as little as you like out as withdrawals and create your own income stream annually that way.

You have to be mindful of the risk/volatility profile of the underlying assets, to avoid being stuck in a big drawdown and having your withdrawals create negative compounding effects, but something like the Kernel NZX20 fund makes a lot of sense to me. You get the 20 largest companies on the NZX which are biased towards dividend payers but there is also some growth there, you can create your own income stream in a tax effective way. Very low fees too.

Disc: i have no affiliation with Kernel but am a Kiwisaver client of theirs.