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August was another great month for your KiwiSaver accounts with markets staging their strongest August since 1986.
The re-emergence of Covid-19 in New Zealand can lead to many scary thoughts. Back in March, we saw markets fall by c.
July was another mind-boggling month in the markets. Uncertainty continues to grow with COVID-19 gathering pace and reopenings delayed around the globe, yet markets continued their advance.
What goes down, must come up. I like to think of the recent market volatility in the form of stairs and elevators.
On the 14th of May, the Government announced the 2020 budget, which with $50billion of spending to help New Zealand recover from Covid-19, would be New Zealand’s largest-ever budget.
Looking at the markets today, compared to what we’re seeing on the news, may make everything feel like the upside-down world.
Market performance Local currency market returns kōura fund returns 1 month 3 months 12 months 1 month 3 months NZ Equities 7. 5% (10. 1%) 1. 7% 7.
Economies worldwide are suffering due to COVID-19 and the resulting lockdowns. Governments are stepping up to support the economy as we’ve never seen before.
Market performance Index Returns (Local Currency) kōura Fund Returns 1 month 3 months 12 months 1 month 3 months NZ Equities (14. 2%) (15. 9%) (0. 6%) (13.
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