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  • NZ Funds Covid-19 Update 7

    23rd April, 2020
  • NZ Funds’ 7th Covid-19 update looks at the road ahead for the global economy. Key points are:

    • Global share markets are now 22% above their lows.
    • NZ Funds has successfully mitigated the downside and will continue to fully participate in the share market recovery.
    • The road to recovery for the global economy will be long.
    • Returns over the short-term could be soggy as the economic reality of COVID-19 sets in.
    • Despite short-term headwinds we continue to see 15 – 20% upside in share markets over the next 12 – 24 months.
    • For those with longer term time frames, share market returns will be substantially higher.

    Click on the link below for the full update:

    https://nzfundsblog.blogspot.com/2020/04/special-announcement-covid-19-market_23.html