Pie funds

[Entrep]

the new fund open's today

wholesale investors only
min invest 250k

wonder how many people will leave pie funds for this ?

Weird, I registered as soon as it was announced and haven't heard squat

[stoploss]

Weird, I registered as soon as it was announced and haven't heard squat

Off to a good start + 6.5 % in the first month.

[bull....]

Off to a good start + 6.5 % in the first month.

pie not doing that well this yr , even the ceo has had to step down too cio to try staple the ship. guessing most fund managers having trouble navigating the market this yr

[percy]

Yes funds are having a "challenging " year.Below are figures from well managed Aspiring Fund.

Aspiring Fund Monthly Returns
Year January February March April May June July August September October November December YTD
2006 - 1.02% 6.88% 1.45% 1.29% 1.73% 1.71% -1.46% 0.88% 2.40% 2.59% 2.78% 23.22%
2007 2.16% -1.11% 1.37% 0.85% 0.84% -0.28% -0.38% -2.13% 2.17% 3.36% -2.52% 0.19% 4.45%
2008 -7.40% 0.66% -5.26% 5.68% 2.10% -4.49% 1.45% 2.44% -7.16% -3.97% -1.26% 2.50% -14.66%
2009 1.98% -0.54% 3.49% 6.70% 3.19% 1.47% 5.01% 4.70% 1.78% 1.83% 0.14% 2.08% 36.61%
2010 -1.14% 1.90% 2.47% 2.14% -5.68% -3.67% 2.02% 2.63% 5.04% 3.42% -0.14% 6.72% 16.11%
2011 -0.93% 0.59% 1.00% 0.85% -0.44% -1.94% 0.58% -1.77% -1.77% 6.87% -0.45% -0.89% 1.43%
2012 3.32% 3.06% 2.44% 1.27% -2.21% -0.79% 2.16% 3.37% 3.13% 1.09% 1.13% 0.76% 20.23%
2013 2.30% 1.56% 2.42% 1.34% 1.03% -1.95% 1.22% 1.57% 1.81% 3.63% -1.23% -1.82% 12.36%
2014 0.45% 0.33% 0.62% 1.36% 1.26% -0.81% 2.27% 2.02% 0.69% 1.00% 0.71% 1.51% 11.99%
2015 2.55% 2.49% -0.81% -0.53% 1.54% -1.12% 2.08% -0.94% 0.43% 4.51% 3.11% 0.72% 14.78%
2016 -2.33% -0.76% 5.26% 0.84% 2.58% -3.22% 3.10% 0.28% 1.60% -1.62% -0.03% 1.18% 6.76%
2017 0.97% 1.57% 1.82% 1.02% -0.88% 0.69% 1.26% 2.34% 0.45% 3.42% 0.35% 1.40% 15.32%
2018 0.69% -2.54% -1.66% 2.13% 3.11% 1.72% 0.27% 2.02% 0.87% -4.84% -2.02% -3.12% -3.66%
2019 1.77% 2.94% 2.07% 3.36% -1.59% 2.17% 2.05% 0.51% 1.30% 0.73% 4.38% -0.18% 21.19%
2020 1.69% -4.22% -13.13% 9.53% 2.62% 1.56% 2.03% 3.17% -0.73% 1.26% 4.70% 5.06% 12.40%
2021 -0.37% 0.22% 5.70% 2.10% 0.73% 2.03% -0.79% 1.54% -0.61% 0.41% -0.03% 2.96% 14.60%
2022 -2.70% -0.92% -0.37% -0.54% -2.14% -4.77% 3.84% 1.01% -3.30% - - - -9.70%

Aspiring Fund and Markets Long-term Returns and Volatility
Please click the down arrows () to the left of the table below to expand the return categories.

Aspiring Fund Investor returns are included for each PIR. These returns differ from the headline Aspiring Fund return which is pre-tax.

All returns are calculated as New Zealand dollar returns.

Period ending 30-Sep-22 Annualised returns Annualised return volatility
1 Year 3 Years 5 Years 10 Years Since Inception 5 Years 10 Years Since Inception
Aspiring Fund -6.7% 6.9% 7.4% 9.5% 10.3% 11.0% 8.7% 9.3%
New Zealand Equities NZX All gross -16.6% 0.8% 7.1% 11.5% 7.9% 12.9% 11.0% 11.8%
Australian Equities ASX All Ords gross -0.2% 5.2% 8.2% 7.6% 6.5% 17.3% 15.0% 16.3%
Global Equities MSCI World total return -0.8% 8.6% 10.8% 12.5% 7.0% 13.2% 11.8% 12.5%
New Zealand Bonds NZX Corporate A-grade index -6.4% -1.9% 1.3% 3.1% 4.9% 3.1% 2.5% 2.7%