InvestNow News – 23rd April – Fisher Funds – High Quality Australian Companies Present Good Investment Opportunities for a Post-COVID Future
Article written by Robbie Urquhart, Fisher Funds – April 2021
New Zealanders don’t always think of Australia when looking for investment opportunities. However, there are a number of high quality Australian companies that have delivered rewarding investment performance over many years for those prepared to venture across the ditch. Over the three years to 31 March 2021, Fisher Funds’ Australian Growth Fund has returned 15.6% (net of fees) per year, ahead of the benchmark ASX200 Index (70% hedged into NZ$) which has returned 10.2%. In the COVID impacted last twelve months, the Australian Growth Fund also strongly outperformed the benchmark index by 10.6% (net of fees).
The future as ever remains unpredictable. We didn’t predict the COVID-19 pandemic in January 2020! So we won’t make firm predictions about where the share market will trade in the near term. But we do believe that Australia continues to offer investors access to some great long term investment opportunities.
InvestNow News – 23rd April – Fisher Funds – High Quality Australian Companies Present Good Investment Opportunities for a Post-COVID Future
Article written by Robbie Urquhart, Fisher Funds – April 2021
New Zealanders don’t always think of Australia when looking for investment opportunities. However, there are a number of high quality Australian companies that have delivered rewarding investment performance over many years for those prepared to venture across the ditch. Over the three years to 31 March 2021, Fisher Funds’ Australian Growth Fund has returned 15.6% (net of fees) per year, ahead of the benchmark ASX200 Index (70% hedged into NZ$) which has returned 10.2%. In the COVID impacted last twelve months, the Australian Growth Fund also strongly outperformed the benchmark index by 10.6% (net of fees).
The future as ever remains unpredictable. We didn’t predict the COVID-19 pandemic in January 2020! So we won’t make firm predictions about where the share market will trade in the near term. But we do believe that Australia continues to offer investors access to some great long term investment opportunities.
