Overview
PG New Zealand Equity Fund is an open-ended, evergreen trust managed by PG Funds Limited and supervised by The New Zealand Guardian Trust Company Limited. It invests in listed equities with a focus on NZX-listed companies, providing core exposure to the New Zealand sharemarket. The fund is structured as a Portfolio Investment Entity (PIE), making it eligible for PIR-based taxation. It accepts a relatively low minimum investment and is available to a broad investor base.
Fund Overview
Core New Zealand equity fund providing exposure to NZX-listed companies.
Asset Class
Listed Equities
Structure
Unit Trust
Open for Subscription
Evergreen FundWholesale OnlyThis is an evergreen fund — open to qualifying wholesale investors year-round. Subscription details, minimum investment, and redemption terms are set out in the fund's Information Memorandum.
Fund Documents
Product Disclosure Statement
As at 1 Mar 2026
Statement of Investment Policy & Objectives
As at 1 Mar 2026
Documents are published by the issuer. Review the current version in full and seek independent advice before investing.
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Quick Info
This information is for wholesale investors only and does not constitute financial advice. All investments carry risk. Please seek professional advice before making investment decisions.
Frequently Asked Questions
What is PG New Zealand Equity Fund?
Core New Zealand equity fund providing exposure to NZX-listed companies.
Who manages PG New Zealand Equity Fund?
PG New Zealand Equity Fund is managed by PG Investments (NZBN 9429051582975) based in Auckland, New Zealand. Manager registration on the Financial Service Providers Register is a legal requirement under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and does not itself constitute an endorsement.
What asset class is PG New Zealand Equity Fund?
PG New Zealand Equity Fund is classified as Listed Equities on Wholesale Investor NZ. Asset-class classification reflects the fund's stated investment focus per its Information Memorandum and is provided for navigation purposes only — review the IM for the full strategy and risk profile.
Is PG New Zealand Equity Fund evergreen or a closed-end fund?
PG New Zealand Equity Fund is an evergreen fund — it is permanently open for subscription rather than running on fixed vintages. New investors can typically apply at any time subject to capacity, manager discretion, and the fund's stated subscription windows. Redemption terms are set in the Information Memorandum and vary by fund.
What is the minimum investment in PG New Zealand Equity Fund?
The minimum investment is NZ$1K per the fund's current Information Memorandum. Minimums may change for new vintages or at manager discretion — confirm the current minimum directly with the manager before subscribing.
Is PG New Zealand Equity Fund wholesale-only?
Yes — PG New Zealand Equity Fund is offered on a wholesale-only basis under Schedule 1 of the Financial Markets Conduct Act 2013. Subscription requires self-certification under one of the seven Schedule 1 pathways (typically the NZ$5M net-assets "large person" pathway or an accountant- or lawyer-signed eligible-investor certificate per Clauses 38-40). Wholesale-only funds do not publish a retail Product Disclosure Statement and do not appear on the Disclose Register.
Is PG New Zealand Equity Fund a PIE fund?
PG New Zealand Equity Fund is structured as a Portfolio Investment Entity (PIE). PIE distributions are tax-paid at the investor's Prescribed Investor Rate (PIR), capped at 28% per Inland Revenue's PIE rules. PIRs are 10.5%, 17.5%, or 28% depending on the investor's prior-year taxable income. The PIE structure is generally favourable for investors whose marginal tax rate is above 28% (currently above NZ$78,100 of taxable income).
Where can I read the IM or PDS for PG New Zealand Equity Fund?
PG New Zealand Equity Fund has a public Product Disclosure Statement (PDS), Statement of Investment Policy and Objectives (SIPO) linked from its Wholesale Investor NZ profile page. Documents are sourced from the manager's own published disclosures. Some wholesale funds gate full disclosure behind a wholesale-investor self-certification — review the document index on the fund page and contact the manager if a specific document is not surfaced.