News

ING launches absolute return share fund

Wednesday 30th of June 2004
Unique features of the fund, besides its absolute returns focus, are that it has a New Zealand domicile and that its management fee has a performance-based element.

ING general manager marketing Steven Giannolous says the company chose to go for an absolute return fund it fits with how investors think. Rather than measuring returns against a benchmark, such as the NZX50, people measure retu...

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