News

More than 75% of advisers using ETFs

Monday 17th of July 2017

Dean Anderson, product manager for NZX ETF provider Smartshares, said the rate of FUM growth driven by advisers over the past year had been strong.

An NZX poll showed 77% of Auckland advisers were using ETFs in client portfolios, 84% in Christchurch and 70% in Wellington.

Client investment objectives were the biggest drivers for the decision for all advisers, followed by performan...

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