New Zealand Managed Funds
Managed funds are investment products that offer you the freedom to invest in various assets.
What Are Managed Funds?
Managed Funds are a ‘registered managed investment scheme’ – a kind of unit trust. With managed funds, investors’ money is pooled together and the investment manager uses it to buy and manage them on behalf of all the investors within the fund. With the pooling funds, investors have a wider choice of investment opportunities that are not accessible if they invest directly in an asset.
With a unit trust, once you invest in a managed fund, you assign units proportionate to the amount of money you have invested. Managed funds are open-ended, which means new units are continuously created as investors join the fund, while units are cancelled once investors redeem the fund.
The Vault International Bitcoin Fund - A NZ PIE Fund
The Vault International Bitcoin Fund (VIBF) is a PIE Fund based in New Zealand that allows you to access a Bitcoin tracking fund in a potentially tax-efficient way.
The VIBF will invest in offshore listed Bitcoin Funds and Exchange Traded Funds (ETFs). Vault Digital Funds makes investment decisions to ensure that returns closely track the price of Bitcoin, manages fees and provides further diversification through investing in multiple fund providers.
Why Invest in The Vault International Bitcoin Fund?
The Vault International Bitcoin Fund (VIBF) is taxed under the Fair Dividend Rate (FDR) methodology and is the first digital asset fund launched under the Vault Digital Funds registered scheme.
Implemented Investment Solutions (IIS) is licensed as the manager of a registered scheme under the Financial Market Conduct Act 2013 and is the issuer and manager of the fund. Vault Digital Funds Limited is the investment manager for VIBF.
Vault Digital Funds
A NZ PIE Fund Investment Manager
Vault Digital Funds is the investment manager for VIBF, offering a simple, smart and trusted way for Kiwi investors to buy and invest in Bitcoin. This provides easy exposure to this dynamic new asset.
Vault offers a simple process via trusted retail partners offering managed funds in New Zealand without directly buying, storing, and safekeeping digital assets.
With Vaults PIE fund, investors are taxed using the Fair Dividend Rate (FDR) method. In contrast, when people invest directly in Bitcoin, all realised capital gains may be taxable.
The fund is a managed investment scheme regulated under the Financial Markets Conduct Act 2013. The fund invests in underlying funds and ETFs listed on global share markets.
How to Invest in the Vault International Bitcoin Fund?
Note that it is not possible to purchase the VIBF directly on the Vault website.
Click on the InvestNow link below, which will take you to one of our trusted retail distribution partners. Here, you can complete your investor registration, apply and buy Units in the Fund and add them to your investment portfolio.
How Do I Find Out More About Vault International Bitcoin Fund?
Do you want to know more about VIBF and Vault Digital Funds? Enter your email address below and subscribe to Vault Digital Funds to receive more updates and information for all Vault products.
What People Say About Vault Digital Funds
“My main concern with investing in bitcoin has been the complexity of storage. I understand leaving bitcoin on an exchange is not safe, but I don’t want to store it myself and end up losing the passwords. Buying a fund to get the same bitcoin exposure without the effort certainly works for me.”
“This product is great. It really changed my mind about investing in Bitcoin. I was concerned and confused about having to store bitcoin myself. But Vault takes away all that hassle. It also has the added benefit of being more tax efficient.”
“I’m a relative beginner in terms of investing and definitely no expert when it comes to looking after crypto. I had some fear around the security of my investment, so the thought of handing over responsibility for this to an experienced fund manager made me feel much more relaxed. The tax benefits are a big incentive and I’m looking forward to seeing what the future holds!”