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ManagedFunds.nz

PIE funds

286 retail managed funds in New Zealand that are structured as Portfolio Investment Entities (PIEs). PIE structure caps investor tax at the Prescribed Investor Rate (PIR) — maximum 28% — which is lower than the top personal marginal rate (39%).

Filtered on the isPie flag in funds.ts; cross-validate via the per-fund page which links to the source PDS on the FMA Disclose register.

What is a PIE?

A Portfolio Investment Entity (PIE) is an NZ tax-status applied to a fund. Tax on fund income is paid by the fund at your Prescribed Investor Rate (PIR), capped at 28%. For investors on the 30%, 33% or 39% marginal rate, a PIE wrapper reduces tax drag relative to holding the same securities directly.

Not sure which PIR applies to you? Use the PIR calculator.

Methodology

PIE status is sourced from each fund's Product Disclosure Statement (PDS) and Quarterly Fund Update on the FMA Disclose register. Excludes KiwiSaver scheme funds (a separate scheme type) and wholesale-only offerings.

ManagedFundsNZ provides information only, not personalised financial advice. For tax-personalised guidance, see a Chartered Accountant or Inland Revenue.