PIE-structured wholesale funds (28% PIR cap)
Wholesale funds structured as Portfolio Investment Entities. PIE taxation caps the income-tax rate at the investor’s Prescribed Investor Rate (PIR), maximum 28%.
PIE income tax is capped at the investor’s PIR (max 28%) rather than the marginal individual rate. Whether the structure benefits a specific investor depends on their individual PIR and marginal tax rate, both of which the investor must determine for themselves or with an authorised tax adviser. Filtered listing only — not financial or tax advice.
Matched funds (27)
Artesian Green & Sustainable Bond Fund (Wholesale)
Devon Funds Management · Bonds & Fixed Income
NZD-denominated green and sustainable bond fund. Wholesale version for investors with $10M+.
Booster Innovation Fund
Booster · Venture Capital
Early-stage NZ innovation and tech startups based on intellectual property with global potential. Focus: biotech, chemistry, physics, materials science, data analytics. Listed PIE on NZX (BIF).
Devon Alpha Fund (Wholesale)
Devon Funds Management · Listed Equities
Active long/short Australasian equities fund seeking absolute returns. Wholesale version for investors with $10M+.
Devon Australian Fund (Wholesale)
Devon Funds Management · Listed Equities
Concentrated portfolio of quality Australian equities with strong cash flows and growth prospects. Wholesale version for investors with $10M+.
Devon Diversified Income Fund (Wholesale)
Devon Funds Management · Multi-Asset & Diversified
Multi-asset income fund across equities, credit, and other income-generating securities. Wholesale version for investors with $10M+.
Devon Dividend Yield Fund (Wholesale)
Devon Funds Management · Listed Equities
Income-focused fund targeting quality dividend-paying Australasian companies. Wholesale version for investors with $10M+.
Devon Global Impact Bond Fund (Wholesale)
Devon Funds Management · Bonds & Fixed Income
Fixed income fund investing in bonds with positive environmental and social impact. Wholesale version for investors with $10M+.
Devon Global Sustainability Fund (Wholesale)
Devon Funds Management · Listed Equities
Global equities fund with ESG focus. Devon is a RIAA Responsible Investment Leader. Wholesale version for investors with $10M+.
Devon Sustainability Fund (Wholesale)
Devon Funds Management · Listed Equities
ESG-focused Australasian equities fund. Devon is a RIAA Responsible Investment Leader. Wholesale version for investors with $10M+.
Devon Trans-Tasman Fund (Wholesale)
Devon Funds Management · Listed Equities
Award-winning fund investing across NZ and Australian equities. Fund Manager of the Year: Domestic Equities 2024. Wholesale version for investors with $10M+.
Hunter Diversified Private Credit Fund
Hunter Capital · Private Credit
Diversified exposure to non-bank lending with monthly liquidity and 7+ years track record
Midlands Income Wholesale Fund
Midlands Funds Management · Private Credit
Wholesale fund investing in the underlying Midlands Smarter PIE Fund. Provides exposure to residential, commercial and rural property mortgages throughout New Zealand. Offers lower fees than retail through quarterly fee rebates, with $100,000 minimum investment and 30-60 day redemption notice. Returns announced quarterly and may be distributed or reinvested.
Norfolk Mortgage Trust Fund
Norfolk Mortgage Trust · Private Credit
Property-backed investment fund with $120 million in total security and $52 million investment pool. Minimum investment of $5,000 with no entry or exit fees. Loans secured against New Zealand property across all regions.
PCG Diversified New Zealand Private Debt Fund
PCG · Private Credit
Open-ended PIE with senior secured loans and weekly liquidity
PG Australian Equity Fund
PG Investments · Listed Equities
Core Australian equity fund providing exposure to ASX-listed companies.
PG Balanced Fund
PG Investments · Multi-Asset & Diversified
Multi-asset fund with balanced allocation between growth and income assets.
PG Conservative Fund
PG Investments · Multi-Asset & Diversified
Multi-asset fund with a conservative allocation targeting capital preservation with modest growth.
PG Global Alternatives Fund
PG Investments · Multi-Asset & Diversified
Absolute return strategy fund providing diversified exposure to alternative investment strategies.
PG Growth Fund
PG Investments · Multi-Asset & Diversified
Multi-asset fund with growth-oriented allocation focused on capital appreciation.
PG High Conviction Fund
PG Investments · Private Equity
Concentrated equity portfolio focused on high conviction investment opportunities with active stock selection.
PG Income Opportunities Fund
PG Investments · Private Credit
Higher income focus fund targeting regular distributions through income-generating investments.
PG International Bond Fund
PG Investments · Bonds & Fixed Income
Core international fixed income fund investing in global government and corporate bonds.
PG International Equity Fund
PG Investments · Listed Equities
Core international equity fund providing diversified global equity exposure.
PG New Zealand Bond Fund
PG Investments · Bonds & Fixed Income
Core New Zealand fixed income fund investing in NZ government and corporate bonds.
PG New Zealand Equity Fund
PG Investments · Listed Equities
Core New Zealand equity fund providing exposure to NZX-listed companies.
PG Property and Infrastructure Fund
PG Investments · Property
Core fund investing in listed property and infrastructure assets globally.
PG Strategic Growth Fund
PG Investments · Private Equity
International exposure fund focused on strategic growth opportunities across global markets.
Other persona views
- AIP Growth funds with quarterly distributions under $100K minimum
- AIP Growth funds in forestry and renewable energy
- Wholesale first-mortgage funds with monthly distributions
- AIP Balanced Category candidates — bonds, listed equities and multi-asset
- Evergreen wholesale credit funds (always-open subscription)
- Funds with a regulator-source link (Disclose Register / Sorted)
- AIP Growth funds with IM-stated target return of 12% p.a. or higher
Information only — not financial advice (FMCA s23 / Schedule 1)
This page is a filtered directory listing for wholesale/eligible investors as defined by Schedule 1 of the Financial Markets Conduct Act 2013. Match criteria are derived from facts extracted by Claude Sonnet from each fund's manager-published IM, PDS or SIPO — verify against the current source document before relying on any value. Wholesale Investor NZ is a directory service: we do not vet, verify, endorse, recommend or rank any fund or manager for any individual's circumstances. Past performance is not a guarantee of future results. Seek independent professional advice from an authorised financial adviser before making any investment decision.