What Is Portfolio Investment Entity
–
Definition
: A
portfolio investment entity (PIE)
is an investment structure that pools funds from multiple investors.
–
Diverse Holdings
: PIEs invest in a range of assets, such as
stocks, bonds, and real estate
, to reduce risk.
Passive Investment
: Investors in a PIE don’t manage the assets directly; they earn returns based on the performance of the portfolio.
Tax Benefits
: Many PIEs offer
tax advantages
depending on the jurisdiction and regulations.
Low Involvement
: PIEs are ideal for those looking for
diversified, hands-off investing
.
Types
: Common types include
mutual funds, ETFs
, and investment trusts.