Fund Overview
PMG Pacific Property Fund is a New Zealand retail-offer property investment vehicle managed by PMG Funds. Structure: Unlisted property investment company (limited liability company); multi-rate Portfolio Investment Entity (PIE); not a Managed Investment Sch. The manager states a target/forecast of: Manager states target gross cash yield of 5.30% per annum (before tax), based on forecast gross cash distributions of 7.00 cents per share a (target only — not a forecast or guarantee; capital is at risk).
Asset Class
Property
Structure
Unlisted property investment company (limited liability company); multi-rate Portfolio Investment En
Between Vintages
This fund isn't currently accepting new investment. Register your interest and we'll let you know when the next vintage opens.
Fund Documents
Documents are published by the issuer. Review the current version in full and seek independent advice before investing.
Get Started
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 Pacific Property Fund?
PMG Pacific Property Fund is a New Zealand retail-offer property investment vehicle managed by PMG Funds. Structure: Unlisted property investment company (limited liability company); multi-rate Portfolio Investment Entity (PIE); not a Managed Investment Sch. The manager states a target/forecast of: Manager states target gross cash yield of 5.30% per annum (before tax), based on forecast gross cash distributions of 7.00 cents per share a (target only — not a forecast or guarantee; capital is at risk).
Who manages PMG Pacific Property Fund?
PMG Pacific Property 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 Pacific Property Fund?
PMG Pacific Property 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 Pacific Property Fund evergreen or a closed-end fund?
PMG Pacific Property 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 Pacific Property Fund?
The minimum investment is NZ$26K 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 PMG Pacific Property Fund a PIE fund?
PMG Pacific Property 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).
What is the target return for PMG Pacific Property Fund?
Per the fund's current Information Memorandum, the target return is: "Manager states target gross cash yield of 5.30% per annum (before tax), based on forecast gross cash distributions of 7.00 cents per share at offer price of $1.32, for the period from share allotment to 31 March 2024. Not a guaranteed return.". 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 Pacific Property Fund?
PMG Pacific Property 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.