MyFarm KiwiFruit Fund vs PCG Diversified New Zealand Private Debt Fund

The most material structural difference is asset class and return mechanics. MyFarm KiwiFruit Fund invests in kiwifruit property — a single-sector real asset — and targets "long-term total return, including cash distributions and capital growth, of 10% p.a." PCG Diversified New Zealand Private Debt Fund holds first-mortgage private credit across a diversified borrower base, with a floating target of "Reserve Bank of New Zealand Official Cash Rate + 4.0% (net of management fees and fund costs and before tax)," meaning the return benchmark moves with monetary policy rather than being fixed.

On liquidity, both are wholesale-only but differ materially. MyFarm offers quarterly redemptions; PCG's redemptions are "at manager's discretion" with proceeds paid within 10 business days of acceptance, and the IM discloses an explicit gate: the manager may suspend redemptions for up to 365 days if requests exceed 5% of units in any three-month period, or under other specified conditions. MyFarm's IM does not disclose comparable gate provisions.

PCG is structured as a PIE unit trust with PIR eligibility and is supervised by Public Trust; MyFarm's IM does not specify PIE status, fund structure, or a supervisor entity. PCG discloses a 0.75% management fee and a $125,000 minimum investment; MyFarm's IM does not specify either figure. PCG has a verified inception date of March 2022; MyFarm's AUM is inferred at $210 million but sourced from a factsheet rather than a verified IM. Distribution frequency differs — PCG pays monthly versus MyFarm's quarterly.

Verify all details against each fund's current IM or PDS before making any investment decision.