Not All Bonds Are Equal - FMA Survey
August 17, 2017
August 17, 2017
AUCKLAND, New Zealand, Aug. 17 -- New Zealand's Financial Markets Authority issued the following news release:
Over 1 million New Zealanders have more than $15 billion invested in conservative or default KiwiSaver funds, mostly invested in fixed-interest assets, including bonds. However, only four in ten KiwiSaver members surveyed by the FMA knew that most funds invest in bonds.
"This year's Money Week is about what debt can do for you. We thought we'd take a diffe . . .
Over 1 million New Zealanders have more than $15 billion invested in conservative or default KiwiSaver funds, mostly invested in fixed-interest assets, including bonds. However, only four in ten KiwiSaver members surveyed by the FMA knew that most funds invest in bonds.
"This year's Money Week is about what debt can do for you. We thought we'd take a diffe . . .