Fund Overview
PMG Direct Office Fund is a New Zealand retail-offer property investment vehicle managed by PMG Funds. Structure: Registered managed investment scheme constituted as a unit trust, licensed under the FMCA (excluding managed funds), structured as a multi-r. The manager states a target/forecast of: Manager states target gross cash distribution return of 6.16% per annum (1 December 2023 to 31 March 2025), based on 5.85 cents per unit per (target only — not a forecast or guarantee; capital is at risk).
Asset Class
Property
Structure
Registered managed investment scheme constituted as a unit trust, licensed under the FMCA (excluding
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Fund Documents
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 PMG Direct Office Fund?
PMG Direct Office Fund is a New Zealand retail-offer property investment vehicle managed by PMG Funds. Structure: Registered managed investment scheme constituted as a unit trust, licensed under the FMCA (excluding managed funds), structured as a multi-r. The manager states a target/forecast of: Manager states target gross cash distribution return of 6.16% per annum (1 December 2023 to 31 March 2025), based on 5.85 cents per unit per (target only — not a forecast or guarantee; capital is at risk).
Who manages PMG Direct Office Fund?
PMG Direct Office Fund is managed by PMG Funds (FSPR FSP117931, NZBN 9429031593229) based in Auckland. 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 PMG Direct Office Fund?
PMG Direct Office Fund is classified as Property 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 PMG Direct Office Fund evergreen or a closed-end fund?
PMG Direct Office Fund is a closed-end fund — it raises capital during a defined vintage window and runs to fund maturity. Capital is typically returned via distributions during operation and a final wind-up at fund maturity. Check whether a current vintage is open before applying.
What is the minimum investment in PMG Direct Office Fund?
The minimum investment is NZ$10K 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.
What is the target return for PMG Direct Office Fund?
Per the fund's current Information Memorandum, the target return is: "Manager states target gross cash distribution return of 6.16% per annum (1 December 2023 to 31 March 2025), based on 5.85 cents per unit per annum at offer price of $0.95; distributions are not guaranteed and may vary.". Target returns are forward-looking projections set by the manager and are not guarantees of future performance. Actual returns may differ materially from target. Review the IM's full target-return language, fee deductions, and accompanying risk factors before relying on this figure.
Where can I read the IM or PDS for PMG Direct Office Fund?
PMG Direct Office Fund has a public Product Disclosure Statement (PDS) 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.