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Size of market keeps fees higher
Thursday 11th of December 2014
NZX operates the index-tracking Smartshares funds, and this week announced it had registered a prospectus for two new ETFs – the Australian Property Index Trust and the Australian Dividend Index Trust.
Smartshares also announced it had bought the SuperLife business headed by Michael Chamberlain.
But New Zealand advisers who opt for passive strategies were not convinced the new fun...
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