PIE FUNd
Investors pool their funds and invest across a diversified portfolio of assets.
A Portfolio Investment Entity (PIE) offers a more conservative investment option, by investing in a diversified portfolio secured by first ranking mortgages. PIE fund offers attractive returns on your savings, that are taxed at your Prescribed Investor Rate (PIR) which is capped at 28%.
Finbase cater specifically to established private wholesale investors, family offices and high net worth individuals seeking reliable long term wealth management.
Our team have been hand-picked for their talent, experience and track record of success.
Our platform allows you to manage all your fund operations effortlessly in one place.
Single investment opportunities are aimed at seasoned investors who understand the complexities and risks inherent in concentrating their investments in a single venture.
The PIE fund allows wholesale and eligible investors to consolidate their funds and access a diversified asset portfolio. The fund targets returns of 9% per annum, net of fees and expenses but prior to tax. Investing through a PIE incurs taxation on savings returns at your Prescribed Investor Rate (PIR), capped at 28%.
Finbase's PIE fund is tailored to meet the needs of wholesale and eligible investors, with a minimum investment threshold of $10,000.
Unlike our singular investment option, which requires commitment for the entirety of the investment period, the PIE fund has a minimum lock-in period of just three months. Capital withdrawals and interest distributions are processed quarterly.
You will have access to monitoring your investment via Finbase’s platform, which provides visibility into the security assets against which the fund has extended loans. This enables you to stay informed about the allocation of your funds.
Interest and capital distributions from the PIE fund are disbursed on a quarterly basis, with withholding tax deducted where applicable.
The average weighted LVR of the portfolio will always remain below 60%, providing a conservative margin for fluctuations in the property market and borrower default. The loans are always secured with a first ranking mortgage registered on the title.
Funds are held on Trust as stakeholder by Public Trust, who are the Supervisor and Trustee of the PIE Fund
PricewaterhouseCoopers (PWC) are the selected auditor of the fund