New Fund, Updated Fees & Fund Chooser Tool
We’re excited to share some important updates to our KiwiSaver investment offering, including a new fund option, an adjusted and clearer fee structure, and a helpful tool to guide your investment choices.
Introducing the Pie KiwiSaver Aggressive Fund
Our KiwiSaver funds have delivered strong returns this year, ranging from 8.4% (Conservative) to 10.8% (Growth)*. Now, we’re expanding your investment options with the launch of the Pie KiwiSaver Aggressive Fund, available from 1 May 2025.
This fund is designed for investors seeking higher growth potential over the long term. Like our other KiwiSaver funds, it invests in a mix of smaller and larger company equities, but with a 95% allocation to growth assets for greater capital appreciation. It will be actively managed by our experienced investment team, with the goal of maximizing long-term returns.
Simplified, Competitive Fees – Effective 1 May
Alongside the launch of the new fund, we are adjusting and simplifying our fees by moving to a straightforward, percentage-based fee structure. This change makes our fees clearer, easier to compare with other KiwiSaver providers, and more in line with industry peers, while remaining competitive against other actively managed KiwiSaver providers. The new fee structure is outlined below.
Children under 13 will continue to enjoy fee-free KiwiSaver investing, reinforcing our commitment to making investing more accessible for future generations.
Fund Chooser Tool – Find the Right Fit for You
To help you choose the KiwiSaver fund that best matches your goals and life stage, we’ve launched the Fund Chooser Tool. This easy-to-use online tool will help you assess which fund may be right for you. The Pie KiwiSaver Aggressive Fund will be included in this tool from 1 May 2025.
We remain committed to active management, strong returns, transparent communication, and exceptional client service. You’ll continue to enjoy free general advice, access to your online portal, and dedicated support from our team.
Thank you for your trust
We appreciate your continued support and look forward to helping you grow your investment. If you have any questions, please don’t hesitate to contact us.
*12 month returns to 28 February 2025 before fees and tax.
Information is current as at 31 March 2025. Pie Funds Management Limited (“Pie Funds”) is the issuer and manager of the funds in the Pie Funds Management Scheme and the Pie KiwiSaver Scheme (“Schemes”), the product disclosure statements of which can be found at www.piefunds.co.nz. Any advice is given by Pie Funds and is general only. Our advice relates only to the specific financial products mentioned and does not account for personal circumstances or financial goals. Please see a financial adviser for tailored advice. You may have to pay product or other fees, like brokerage, if you act on any advice. As manager of the Schemes, we receive fees determined by your balance and we benefit financially if you invest in our products. We manage this conflict of interest via an internal compliance framework designed to help us meet our duties to you. For information about how we can help you, our duties and complaint process and how disputes can be resolved, or to see our disclosure statement, please visit www.piefunds.co.nz. Please let us know if you would like a hard copy of this disclosure information. Past performance is not a guarantee of future returns. Returns can be negative as well as positive and returns over different periods may vary. The information is given in good faith and has been derived from sources believed to be reliable and accurate. However, neither Pie Funds nor any of its employees or directors gives any warranty of reliability or accuracy and shall not be liable for errors or omissions herein, or any loss or damage sustained by any person relying on such information, whatever the cause of loss or damage. No person, including the directors of Pie Funds, guarantees the repayment of units in the Schemes or any returns of units in the Schemes.