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NZ Funds defends advertising campaign

Friday 23rd of April 2021
The FMA this week put out a warning to fund managers not to overstate their yearly returns due to large fluctuations in the market. Some in the industry took this to be a direct response to the NZ Funds’ billboard campaign.
Paul Gregory, director of investment management at the FMA has said, “For growth funds, we recommend investors pay most attention to performance over a p...
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