NZ Funds Covid-19 Update 9

NZ Funds’ 9^th Covid-19 update looks at what shape the market recovery might take:

• NZ Funds' growth portfolios have performed better than the share market.
• It's half time for global share markets and time to digest the impacts of Covid-19.
• The debate centres around the shape of the recovery: 'V', 'U', or 'L'.
• NZ Funds has no strong opinion re which shape will triumph.
• Clients' investment portfolios and KiwiSaver are set up to add value under all shapes.
• The managers have a strong opinion on the ability of financial markets to recover faster than the real economy.
• NZ Funds' goal is to mitigate the downside and generate significant capital gains using different types of financial assets.
• Remaining invested in financial assets for the long term provides an incredible opportunity to build wealth.

Click on the link below for the full update:

https://nzfundsblog.blogspot.com/2020/05/special-announcement-covid-19-market.html