Raise

Commodities, Other

Bitcoin ETF PIE Fund

The Fund is designed to provide investors with exposure to Bitcoin within a PIE compliant fund.

Risk indicator

7 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge

0.95% p.a.

Set by the fund manager. No InvestNow account fees.

Minimum investment

$250

Or $50 per fund with a Regular Investment Plan.

Unit price

–

Buy/sell spread 0.05% / 0.05%.

About this fund

The Fund is designed to provide investors with exposure to Bitcoin within a PIE compliant fund. This is achieved by investing in one or more listed offshore domiciled funds which invest directly in Bitcoin (each an “Underlying Fund” and together the “Underlying Funds”). The Fund targets a return before fees and tax that broadly tracks the S&P Bitcoin Index in New Zealand dollars. This is a highly speculative investment. Bitcoin is a highly volatile asset. This means the Fund will not be appropriate for all investors.

Invest in this fund

Before investing, read the Product Disclosure Statement and latest fund update.

Fund facts

Investment manager

Raise

Fund type

Managed fund (PIE)

Asset class

Commodities, Other

Management style

Active

Inception date

14/09/2021

Fund size

$34.24M

Distributions

–

Regular Investment Plan

Not available

InvestNow KiwiSaver

Not available

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Fund performance

Returns are shown after fund fees and before tax. Periods longer than one year are annualised.

Growth of $10,000

A growth chart isn't available for this fund yet.

1 month

3 months

1 year

3 years

5 years

10 years

Since inception

Bitcoin ETF PIE Fund

10.81%

43.04%

-25.54%

47.19%

16.60%

–

Past performance is not a guarantee of future returns. Returns exclude buy/sell spreads and transaction fees.

Fees and costs

InvestNow doesn’t charge account or administration fees. The fees below are set by the fund manager and are the same as investing with them directly.

Fee

Amount

What it means

Estimated annual fund charge

0.95% p.a.

Includes management and administration fees, deducted from the fund.

Performance fee

None

This fund doesn’t charge a performance fee.

Buy/sell spread

0.05% / 0.05%

A cost applied when you buy or sell units.

InvestNow account fees

None

No account or administration fees.

Fund documents

Read the Product Disclosure Statement and other fund information before you invest.

Product Disclosure Statement

PDF

Download

About the manager

Raise

Raise Investments Limited is one of 30+ specialist investment managers that have partnered with InvestNow. Raise Investments Limited is the investment manager of the Bitcoin ETF PIE Fund on the InvestNow platform.

Scroll down to learn more about Raise Investments Limited, their investment options available to InvestNow customers plus access their latest news & updates.

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