PIE Fund Investment Opportunities in New Zealand
Tax-efficient Portfolio Investment Entity funds
Compare Top Opportunities
2040 Ventures Climate Fund
Climate tech VC with 25% target IRR
2040 Ventures Punakaiki Fund
Evergreen VC with 20% target returns
Icehouse Ventures Seed Fund IV
Backing brave Kiwi founders
Awatea Forest Fund
by Roger Dickie
Forestry with 11.8% returns + carbon credits
Booster Innovation Fund
by Booster
Back NZ innovation going global - Listed PIE
DE Capital Fund
by DE Capital
10-14% p.a. with equity participation upside
Henton Fund 2
9-12% p.a. from experienced credit specialists
Finbase PIE Fund
by Finbase
9% p.a. with first mortgage security
Hunter Diversified Private Credit Fund
8-11% p.a. with monthly liquidity
PCG Diversified New Zealand Private Debt Fund
by PCG
8-10% p.a. with weekly liquidity
Castlerock Partners Fund
8% distributions + capital growth
Fidelity Capital Sustainable Energy Fund
BBB equivalent credit supporting clean energy
Jasper Industrial Income Plus Fund 1.0
by Jasper
Industrial properties with passive income
100% asset-backed helicopter leasing
NetCredit Unit Trust
by NetFunds
RBNZ +7% p.a. target, PIE compliant
FMT Wholesale Fund
30 years, no capital losses, bonus returns
Blossum Wholesale Fund
by Blossum
Midlands Income Wholesale Fund
About This Category
Discover PIE (Portfolio Investment Entity) fund opportunities in New Zealand. PIE funds offer significant tax advantages for many investors, with tax calculated at your Prescribed Investor Rate (PIR) - typically 10.5%, 17.5%, or 28% - often lower than your marginal tax rate. PIE status provides transparent tax reporting, no annual tax returns required for PIE income, and efficient tax treatment of distributions. Available across property, private credit, and diversified investment strategies.
Frequently Asked Questions
What are the tax benefits of PIE funds?
PIE funds tax income at your PIR (10.5%, 17.5%, or 28%) which is often lower than your marginal tax rate. You don't need to file tax returns for PIE income, and there are no gross-up requirements. For higher earners, this can result in significant tax savings.
How do I determine my PIR?
Your PIR depends on your income over the previous two years. Most investors use 17.5% or 28%. If your taxable income was under $48K, use 10.5%. If under $70K, use 17.5%. Otherwise use 28%. You can elect a higher rate but not lower than entitled.
Can I change my PIR?
Yes, you should review your PIR annually as income changes. Notify your fund manager to update your PIR. Using too low a PIR may result in additional tax and penalties, while too high means overpaying.
Are all wholesale funds PIE funds?
No. Many wholesale funds use Limited Partnership or Unit Trust structures. PIE status is a specific election and not all funds qualify or choose this structure. Check each fund's offer documents for tax structure details.
Important Information
This website is an information directory only and does not constitute financial advice. The information provided is general in nature and does not take into account your individual financial situation, objectives, or needs. Past performance is not indicative of future results.
Investment in wholesale products involves risk, including possible loss of principal. Wholesale investors do not have the same protections as retail investors under the Financial Markets Conduct Act 2013.
Before making any investment decision, you should seek independent financial, legal, and tax advice from appropriately qualified professionals. Wholesale Investor does not recommend or endorse any particular investment or fund manager.