Furthering the trend of social media beginning to face into its social and governance responsibilities, this month saw 17 countries along with a number of tech giants including Facebook, Amazon, Google, YouTube, Microsoft and Twitter sign up to the so-called Christchurch Call.
The initiative – instigated by the Christchurch terrorist attacks in March which were live streamed on social media – […]
28th May – Emily Woodland, Co-Head of Sustainable Investment, Listed Equities Hong Kong, China
Welcome to the Environmental, Social and Governance (ESG) Wrap, where our team shares the latest ESG issues and their implications for investors. Watch our video on managing water-related risks in portfolios.
7th June – Greg Fleming (Head of Investment Strategy)
The past month was relatively weak across global asset classes, following a string start to the year. Escalating trade tensions between the US and China remain a drag on markets, but closer to home Australia and New Zealand showed resilience. A stimulatory interest rate environment, lower energy costs and good company earnings should provide support for equity markets ongoing.
The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in NZD (the Index) over the investment cycle (typically 3-5 years).
The Fund invests in the Antipodes Global Fund – Long – UCITS, S Class (Underlying Fund) and cash or cash equivalent securities. The Underlying Fund’s investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed and emerging markets. Read More
We’ve had quite a bit to say lately, in terms of enhancements to […]
Commentator – Fiona Lintott, Director Client and Investor Services, Russell Investments
All Russell Investment Management Limited Funds apply buy-sell spreads.
A buy-sell spread is expressed as a percentage of the value of the application or withdrawal.
The buy-sell spread represents a reasonable estimate of the transaction costs that apply when buying and selling assets in a fund. These costs typically include brokerage, government taxes, commissions, market impact and bank charges.
The […]
Commentator – Ainsley McLaren, Executive Director
Harbour Investment Funds (Harbour Funds, or Funds) are all priced on a daily basis. The unit price is calculated by valuing all the assets and liabilities of the Fund every day and is therefore the value of the Fund’s net assets per unit.
Each Harbour Fund applies the same unit price to both investments and withdrawals on any given day.
Harbour does not apply a “buy/sell” or “entry/exit” spread to unit prices because each Harbour Fund holds sufficient liquidity to […]
Commentator – Rebekah Swan – ESG Investment Specialist, NZ / Client Advocate / Head of Product
There is a real cost of buying and selling securities for a fund. If there is no buy/sell spread then it means that other unitholders are paying for the incoming or outgoing unitholder. A fairer approach for unitholders is to have a clear and transparent buy/sell cost. This way the cost of […]
May 2019
Please see the links below for your fund fact sheets for April 2019
In the year to date, the NZ equity market has returned a quite remarkable 14% which is well ahead of any rational expectation.
Having said that, we also shouldn’t be surprised that in a world hungry for yield, then good quality companies which can offer earnings growth above 5% p.a. and sustainable dividends at similar levels are going to be sought after. In particular, the so-called ‘bond proxy’ companies (e.g utilities) are attractive holdings for those who […]
The India Avenue Equity Fund’s fact sheet for the month ending April 2019 is now available for you to download.
In this month’s Fact Sheet: