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Advisers promoting ETFs
Thursday 5th of June 2014
NZX recently ran an investor education day in conjunction with the Commission for Financial Literacy and Retirement Income to raise retail interest in ETFs.
The global market is growing at an annual rate of 20% and is worth US$2.4 trillion.
But the NZX’s five Smartshares funds, which are the only ETFs for NZ stocks, are only worth a combined $380 million.
Stanley said while...
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