Finbase | PIE fund

PIE FUND PROCESS

A responsible approach.

Finbase cater specifically to private investors, family offices and high net worth individuals who meet relevant wholesale investor criteria.

01

Due Diligence

You and your solicitor/financial adviser review the Information Memorandum and SIPO

A current overview of the Fund's performance and profile will be provided prior to any decision to invest

02

Agreement & Documentation

Complete the Application Form (including wholesale or eligible investor certificate), Finbase will be required to conduct AML verification prior to any investment being made

03

Investment

You can commence investing with a minimum initial investment of $10,000. Subsequent investments in multiples of $10,000 can be made at any time. Funds are paid to and held by Public Trust as Fund Supervisor and Trustee

Fund assets are held by or on behalf of Public Trust as the Fund's trustee

04

Distributions & Management

You will be able to track your investment performance through the Finbase investment platform

The platform will show you the properties that the Fund has lent against, registered by first mortgage, so you have full transparency about your investment

Interest payments and capital distributions (withdrawals) are processed quarterly (but investments are for a minimum of three months)

Quarterly Fund Updates are provided and an Annual Audit is conducted for the benefit of all investors and Public Trust as Supervisor and Trustee

Invest with Finbase

Recent investment opportunities

Pokeno, Auckland

Loan Amount:

$500,000

LVR:

44%

Term:

12 months

Pokeno, Auckland

Loan Amount:

$500,000

LVR:

44%

Term:

12 months

Pokeno, Auckland

Loan Amount:

$500,000

LVR:

44%

Term:

12 months

Pokeno, Auckland

Loan Amount:

$500,000

LVR:

44%

Term:

12 months

Invest with Finbase

Chatswood, Auckland

Loan Amount:

$670,000

LVR:

48%

Term:

12 months

Rangiora, Canterbury

Loan Amount:

$362,000

LVR:

57%

Term:

12 months

Saint Johns, Auckland

Loan Amount:

$220,375

LVR:

32%

Term:

12 months

Chatswood, Auckland

Loan Amount:

$580,000

LVR:

46%

Term:

12 months

Avondale, Auckland

Loan Amount:

$300,000

LVR:

27%

Term:

12 months

Birkenhead, Auckland

Loan Amount:

$560,000

LVR:

47%

Term:

12 months

Monaco, Nelson

Loan Amount:

$375,900

LVR:

44%

Term:

6 months

Paparoa, Maungaturoto

Loan Amount:

$102,000

LVR:

33%

Term:

12 months

Kohukohu, Northland

Loan Amount:

$65,000

LVR:

30%

Term:

12 months

Otahuhu, Auckland

Loan Amount:

$460,000

LVR:

33%

Term:

6 months

Victoria, Rotorua

Loan Amount:

$102,500

LVR:

34%

Term:

12 months

Mangere East, Auckland

Loan Amount:

$179,500

LVR:

37%

Term:

6 months

Springvale, Whanganui

Loan Amount:

$76,000

LVR:

43%

Term:

12 months

Appleby, Invercargill

Loan Amount:

$156,000

LVR:

47%

Term:

6 months

Taupo Bay, Mangonui

Loan Amount:

$210,000

LVR:

17%

Term:

12 months

Waipu

Loan Amount:

$270,000

LVR:

40%

Term:

12 months

Parua Bay, Onerahi

Loan Amount:

$150,000

LVR:

50%

Term:

12 months

New Brighton and Waltham, Christchurch

Loan Amount:

$430,000

LVR:

38%

Term:

9 months

Grey Lynn, Auckland

Loan Amount:

$586,500

LVR:

34%

Term:

6 months

Eden Terrace, Auckland

Loan Amount:

$173,400

LVR:

19%

Term:

2 months

Meadowbank, Auckland

Loan Amount:

$720,000

LVR:

60%

Term:

6 months

Sydenham and Woolston, Christchurch

Loan Amount:

$362,750

LVR:

42%

Term:

12 months

Pukekohe, Auckland

Loan Amount:

$322,000

LVR:

20%

Term:

12 months

South Head, Auckland and Cable Bay, Northland

Loan Amount:

$405,000

LVR:

22%

Term:

12 months

Waihi

Loan Amount:

$720,000

LVR:

50%

Term:

6 months

Mount Albert, Auckland

Loan Amount:

$645,000

LVR:

54%

Term:

12 months

Saint Albans, Christchurch

Loan Amount:

$408,000

LVR:

56%

Term:

6 months

Greenmeadows, Napier

Loan Amount:

$300,000

LVR:

23%

Term:

12 months

Kainga, Christchurch

Loan Amount:

$130,000

LVR:

30%

Term:

12 months

Mataura, Southland

Loan Amount:

$300,000

LVR:

38%

Term:

12 months

Point Chevalier, Auckland

Loan Amount:

$1,050,000

LVR:

50%

Term:

12 months

Thames, Coromandel

Loan Amount:

$400,000

LVR:

20%

Term:

24 months

Rangiora

Loan Amount:

$109,000

LVR:

17%

Term:

12 months

Mellons Bay, Auckland

Loan Amount:

$468,000

LVR:

38%

Term:

12 months

Glendowie, Auckland

Loan Amount:

$311,000

LVR:

38%

Term:

12 months

Lake Hawea

Loan Amount:

$594,000

LVR:

60%

Term:

12 months

Papatoetoe, Auckland

Loan Amount:

$420,000

LVR:

58%

Term:

6 months

Omokoroa, Bay of Plenty

Loan Amount:

$620,000

LVR:

56%

Term:

12 months

Waiheke Island, Auckland

Loan Amount:

$575,000

LVR:

35%

Term:

24 months

St Albans, Christchurch

Loan Amount:

$315,000

LVR:

60%

Term:

4 months

Whangaripo, Warkworth

Loan Amount:

$312,000

LVR:

30%

Term:

12 months

Otahuhu, Auckland

Loan Amount:

$310,000

LVR:

28%

Term:

12 months

Waimauku, Auckland

Loan Amount:

$200,000

LVR:

12%

Term:

12 months

Aotea, Porirua

Loan Amount:

$514,500

LVR:

50%

Term:

6 months

Rolleston, Christchurch

Loan Amount:

$840,000

LVR:

60%

Term:

12 months

Greenlane, Auckland

Loan Amount:

$432,350

LVR:

24%

Term:

18 months

Manor Park, Lower Hutt

Loan Amount:

$450,000

LVR:

42%

Term:

12 months

Flaxmere, Hastings

Loan Amount:

$672,600

LVR:

47%

Term:

12 months

Otahuhu, Auckland

Loan Amount:

$1,040,400

LVR:

50%

Term:

12 months

Epsom, Auckland

Loan Amount:

$671,500

LVR:

37%

Term:

12 months

South Head, Auckland

Loan Amount:

$550,000

LVR:

39%

Term:

12 months

Oteha, Auckland

Loan Amount:

$150,000

LVR:

22%

Term:

12 months

Maunu, Whangarei

Loan Amount:

$128,200

LVR:

20%

Term:

12 months

Glenholme, Rotorua and Tokoroa

Loan Amount:

$620,000

LVR:

50%

Term:

12 months

Westport

Loan Amount:

$152,000

LVR:

43%

Term:

12 months

Torbay, Auckland

Loan Amount:

$311,000

LVR:

10%

Term:

12 months

Hataitai, Wellington

Loan Amount:

$742,360

LVR:

36%

Term:

12 months

Invercargill and Hanleys Farm, Queenstown

Loan Amount:

$362,500

LVR:

31%

Term:

12 months

Favona and Mangere East, Auckland

Loan Amount:

$770,000

LVR:

39%

Term:

6 months

Glengarry, Invercargill

Loan Amount:

$230,000

LVR:

60%

Term:

7 months

Waltham, Christchurch

Loan Amount:

$240,000

LVR:

57%

Term:

6 months

Pakuranga Heights, Auckland

Loan Amount:

$620,000

LVR:

23%

Term:

12 months

Hamilton East

Loan Amount:

$310,000

LVR:

50%

Term:

3 months

Halswell, Christchurch

Loan Amount:

$372,500

LVR:

48%

Term:

12 months

Hornby, Christchurch

Loan Amount:

$210,000

LVR:

42%

Term:

12 months

Helensville

Loan Amount:

$350,000

LVR:

44%

Term:

12 months

Waitakere, Auckland

Loan Amount:

$212,000

LVR:

14%

Term:

12 months

Pukete, Hamilton

Loan Amount:

$238,900

LVR:

35%

Term:

12 months

Milton

Loan Amount:

$342,000

LVR:

42%

Term:

9 months

Mangere East, Auckland

Loan Amount:

$496,000

LVR:

58%

Term:

12 months

Rosedale, Auckland

Loan Amount:

$525,000

LVR:

55%

Term:

12 months

Whitianga and Flat Bush

Loan Amount:

$549,550

LVR:

44%

Term:

6 months

Hillpark, Auckland

Loan Amount:

$515,940

LVR:

42%

Term:

9 months

Glen Eden, Auckland

Loan Amount:

$280,500

LVR:

41%

Term:

7 months

Taupiri, Waikato

Loan Amount:

$576,800

LVR:

57%

Term:

12 months

Massey, Auckland

Loan Amount:

$25,000

LVR:

Term:

10 months

Kelston, Auckland and Waitakaruru

Loan Amount:

$663,000 (registered over both securities)

LVR:

52%

Term:

12 months

Mount Roskill, Auckland

Loan Amount:

$473,550

LVR:

49%

Term:

6 months

Otara, Auckland

Loan Amount:

$426,300

LVR:

51%

Term:

6 months

Manly, Auckland

Loan Amount:

$322,140

LVR:

54%

Term:

12 months

Kaiapoi, Canterbury

Loan Amount:

$310,500

LVR:

36%

Term:

12 months

Silverdale, Auckland

Loan Amount:

$577,000

LVR:

46%

Term:

12 months

Otara, Auckland

Loan Amount:

$485,000

LVR:

55%

Term:

12 months

Hunterville, Rangitikei

Loan Amount:

$312,000

LVR:

43%

Term:

12 months

Tapu, Coromandel

Loan Amount:

$237,500

LVR:

22%

Term:

12 months

Snells Beach, Auckland

Loan Amount:

$260,000

LVR:

15%

Term:

12 months

Cambridge, Waikato

Loan Amount:

$1,980,000

LVR:

27%

Term:

6 months

Porirua, Wellington

Loan Amount:

$780,000

LVR:

44%

Term:

12 months

Gracefield, Lower Hutt

Loan Amount:

$260,000

LVR:

33%

Term:

12 months

Glen Innes, Auckland

Loan Amount:

$1,288,000

LVR:

45%

Term:

12 months

Cockle Bay, Auckland

Loan Amount:

$265,200

LVR:

33%

Term:

12 months

Manurewa, Auckland

Loan Amount:

$290,000

LVR:

26.4%

Term:

3 months

Otahuhu, Auckland

Loan Amount:

$400,000

LVR:

28.6%

Term:

6 months

Matarangi, Thames-Coromandel

Loan Amount:

$300,000

LVR:

44.8%

Term:

12 months

Papatoetoe, Auckland

Loan Amount:

$465,000

LVR:

60%

Term:

6 months

Riverhead, Auckland

Loan Amount:

$300,000

LVR:

35%

Term:

6 months

Puketepu, Hawke's Bay

Loan Amount:

$1,290,000

LVR:

39%

Term:

12 months

Wellsford, Auckland

Loan Amount:

$300,000

LVR:

34%

Term:

12 months

Fernhill, Queenstown

Loan Amount:

$216,500

LVR:

30%

Term:

12 months

Mangaroa, Upper Hutt

Loan Amount:

$1,045,280

LVR:

35%

Term:

12 months

Investor FAQs

What is the difference between the PIE fund and single investment opportunities?

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%.

What is the minimum investment amount?

Finbase's PIE fund is tailored to meet the needs of wholesale and eligible investors, with a minimum investment threshold of $10,000.

Do I have the flexibility to access my funds at any given time?

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.

Do I have visibility of what securities Finbase is lending on?

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.

How often will I receive interest payments?

Interest and capital distributions from the PIE fund are disbursed on a quarterly basis, with withholding tax deducted where applicable.

How are my funds secured?

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.

Who manages the pool of funds?

Funds are held on Trust as stakeholder by Public Trust, who are the Trustee of the PIE Fund

Who is the auditor of the fund?

PricewaterhouseCoopers (PwC) are the selected auditor of the fund

See all Investor FAQs

Diversify your portfolio

Benefits of investing in a PIE Fund

Targeted 9%p.a.

28% tax rate

Secured

A responsible approach.

01

Due Diligence

02

Agreement & Documentation

03

Investment

04

Distributions & Management

Get email updates on exclusive new wholesale investment opportunities.

Thank you!

We invest in the best

Recent investment opportunities

Power your PIE fund operations on one intuitive platform

Investor FAQs

Ready to invest?
Let's talk.

Targeted 9%p.a.

28% max tax

Secured

Thank you!

Diversify your portfolio

Benefits of investing in a PIE Fund

Targeted 9%p.a.

28% tax rate

Secured

A responsible approach.

01

Due Diligence

02

Agreement & Documentation

03

Investment

04

Distributions & Management

Get email updates on exclusive new wholesale investment opportunities.

Thank you!

We invest in the best

Recent investment opportunities

Power your PIE fund operations on one intuitive platform

Investor FAQs

Ready to invest?Let's talk.

Targeted 9%p.a.

28% max tax

Secured

Thank you!

Ready to invest?
Let's talk.