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$50 million fills new PIE Fund
Tuesday 24th of January 2017
Launched last November, the fund aims to capitalise on the weak NZD/GDP cross rate to acquire a diversified portfolio of up to fifteen small cap stocks at a potential discount. "There was sufficient demand for it because it's a unique product" says Pie founder Mike Taylor, adding that Kiwi investors already have a "plethora of opportunities" to invest locally.
Subject to a 'soft close',...
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