News

Managed funds finish year on high

Friday 22nd of December 2006
“A number of factors have contributed to all-round cheer for managed fund investors in 2006,” FundSource general manager Binu Paul says. “While this has primarily been underpinned by strong global growth, the New Zealand share market too has been especially resilient.”

He says that upcoming changes to how funds are taxed make managed funds “an even more exciting investment opportunity for inve...

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