NZ average on disclosure

Friday, January 19th 2018, 11:12AM

New Zealand has recorded an average grade for disclosure in Morningstar’s latest Global Fund Investor Experience Study.

That puts it ahead of the six countries that were below average: Australia, Belgium, France, Italy, Japan and Netherlands.

India and United States were top.

Morningstar noted that, around the world, long and complex prospectuses were being replaced with shorter version.

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