tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Tuesday, March 2nd, 10:39AM

News

rss
Latest Headlines

International shares continue to shine

Investors in managed funds continued to reap outstanding returns from international equity funds in the month of February, research house FundSource says, continuing their high-performance streak over much of the last three years.

Wednesday, March 22nd 2006, 6:36AM
It says the 2% return recorded for international equity funds (both global and regional sectors) in the month of February alone has boosted investor returns to more than 20% for the past 12 months. Even over the longer term investors have been awarded healthy returns.

The global international equity funds averaged 13.8% and regional international equity funds recorded even better results, averaging 20.2% over the past 3 years.

Keeping in line with recent trends, international equity funds continued to be the top performer in February, across all sectors. Strong returns from international equities also helped boost investor returns in diversified funds (which invest into International equities in varying proportions), averaging around 10% (after tax and fees) over the past 12 months.

“The prospect for international equities continues to be robust and the ongoing depreciation of the New Zealand dollar against the US dollar remains a positive factor for investors, depending on the level of currency hedging within their investment portfolios.”

Actively managed New Zealand share funds improved slightly in February, compared to the month before, but remained subdued relative to their heady experience over much of 2005. The average fund performance for February was 1.8%, and 4.8% over the last 12 months post taxes and fees.

With the outlook for the domestic economy in slowdown mode, it is not expected that returns from this sector will remain as high as in recent years.

The top performing fund for the month of February was the Fisher Funds NZ Growth Fund at 3.0%.

Diversified funds across the Defensive, Balanced and Growth sectors produced healthy returns in February.

Those with the highest allocation to international equities produced 1.4% in February and 11.7% for the past 12 months.

The mortgage and cash sectors picked up their performance after a slow January. Mortgages raised their average for the last 12 months to 4.9% andb cash funds averaged 4.1%.

« Aust firm buys half of StrategicSovereign takes regulation bull by the horns »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Weekly Wrap

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA 4.55 ▼2.29 ▼2.59 ▼2.65
ANZ 4.44 2.89 3.25 3.39
ANZ Special - 2.29 2.69 2.79
ASB Bank 4.45 2.29 2.59 2.65
Bluestone 3.49 3.34 2.99 3.34
BNZ - Classic - 2.29 2.59 2.79
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 2.89 3.19 3.39
BNZ - TotalMoney 4.55 - - -
CFML Loans 4.95 - - -
Lender Flt 1yr 2yr 3yr
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 3.95 3.85 -
Credit Union South 5.65 3.95 3.85 -
First Credit Union Special 5.85 2.95 3.45 -
Heartland Bank - Online 2.50 1.99 2.35 2.45
Heretaunga Building Society 4.99 3.50 3.40 -
HSBC Premier 4.49 2.25 2.35 2.65
HSBC Premier LVR > 80% - - - -
HSBC Special - 1.99 - -
Lender Flt 1yr 2yr 3yr
ICBC 3.69 2.25 2.35 2.65
Kainga Ora 4.43 2.79 3.04 3.13
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 3.40 3.20 3.50 3.50
Kiwibank - Offset 3.40 - - -
Kiwibank Special 3.40 2.35 2.65 2.65
Liberty 5.69 - - -
Nelson Building Society 4.95 3.20 3.24 -
Pepper Essential 4.79 - - -
Resimac 3.39 3.35 2.99 3.35
SBS Bank 4.54 2.79 2.79 3.15
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 2.29 2.29 2.65
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - 2.09 - -
The Co-operative Bank - Owner Occ 4.40 2.29 2.59 2.79
The Co-operative Bank - Standard 4.40 2.79 3.09 3.29
TSB Bank 5.34 3.09 3.29 3.45
TSB Special 4.54 2.29 2.49 2.65
Wairarapa Building Society 4.99 3.55 3.49 -
Westpac 4.59 3.09 3.29 3.39
Westpac - Offset 4.59 - - -
Westpac Special - 2.29 2.69 2.79
Median 4.55 2.79 2.99 2.80

Last updated: 26 February 2021 11:27am

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com