InvestNow News – 15 January – Salt Funds Management – December performance update for the Salt NZ Dividend & Property Funds
InvestNow News – 15 January – Salt Funds Management – December performance update for the Salt NZ Dividend & Property Funds
Update written by Roger Clayton, Salt Funds Management – 13th January 2021
In New Zealand, the S&P/NZX50 Gross rose +11.4% in the quarter lifting the 2020 return to +13.9%. The performance in Q4 was led by Pacific Edge Biotechnology (+94%) on favourable research reports from two brokers, Fletcher Building (+53%) and Mainfreight (+52%) on positive earnings updates. The standout notable detractors were a2 […]