Pie funds

[Joshuatree]

What fees does brent sheather charge and does he invest your hard earned in funds which take fees as well?

[Toulouse - Luzern]

[QUOTE=Joshuatree;602595]

"Skimming through latest newsletter"

April 2016 Newsletter Update and Quick Analysis:

Looking at performance for one month (March):

PIE GROWTH 5.7%
PIE DIV 4.0%
PIE EMERGING 2.6%
PIE GLOBAL 2.1%
PIE CASH 1.0%
PIE GROWTH2 5.1%

PieFunds comment re Global.

* Underweight US stocks.
* US DOW rallied 7.0% in March.
* 35% of fund is in cash.

Looks like PieFunds are waiting for better US opportunities and stayed out to avoid the US carnage in January - February.

Comparatively:

Out of 40+ Rabodirect managed funds

* 15 did better in the month than the best PieFund
* 16 did worse than the worst PieFund.

I think further comparison is not worth my time.
EG. % pa.

PieFunds or Rabo making all the hard decisions will suit many.

[Joshuatree]

Its been well worth my time not having to put any time into this investment.
It will be 3 years next month and I'm 75% plus up. Not bad for a sleep easy passive (for me)investment; bound to be better ones though; i d like to hear about anyones similar or better.
The PIE Growth fund ,7th out of 250,000 Funds Globally.

[Toulouse - Luzern]

Hi

Anybody else going to the Pie Funds ANZ Auckland Viaduct Conference on 21 March 2017

[brend]

Hi

Anybody else going to the Pie Funds ANZ Auckland Viaduct Conference on 21 March 2017

Roger and I are both registered for the afternoon one.

However I see they have a conference in the morning aimed more towards financial advisors and is worth 5 CPD hours....not sure if Roger is hungry for some free CPD.

[Toulouse - Luzern]

Hi,

I am going to the afternoon one.
I have met Roger at a Summerset AGM, with Couta and others.
See you there

[Beagle]

Roger and I are both registered for the afternoon one.

However I see they have a conference in the morning aimed more towards financial advisors and is worth 5 CPD hours....not sure if Roger is hungry for some free CPD.

Sick of CPD and have a full compliment of hours already this year but thanks for pointing it out.

[bull....]

guess pie will be playing down there difficult year to you all at the conference. There not alone most nz fund managers are finding it tough the last 6 mths .

[Sideshow Bob]

Have some of the Global Fund. Done OK but nowhere near some of the others, and looking to exit soon. Hope some of the current USD strengthening can tweak up the price.

[bull....]

Have some of the Global Fund. Done OK but nowhere near some of the others, and looking to exit soon. Hope some of the current USD strengthening can tweak up the price.

Global where the action has been for sure, I see the head guy of pie gave up as portfolio manager of nz and aus portfolios ( another baling at the top?) to go to the portfolio where the action is. wonder why?