Advisers offered flexible currency product

The World Equity Funds are available through financial advisers who can advise their clients on a preferred level of hedging according to their risk profile.

"Flexible currency hedging is not generally available to retail investors in New Zealand," Pathfinder executive director John Berry said.

"We want to ensure that people are properly advised on currency by investing through an authorised financial adviser."

Chairman Sandy Maier said the funds are unique because they give investors cost efficient and diversified access to global equities with the ability for each investor to select their own currency hedging ratio for their individual risk profile.