The (%) management fees assoc. with it is turn off versus pick one or two stocks overseas and pay the expensive ASB/ANZ's $70-90NZ fee. Might as well pay that brokerage fee.
I've looked at some brochures like from Craigs Investments, a fund with purely overseas equities funds dont' seem to return that great versus say NZ equities or a balance/grown diversified fund - ie - a bti of everything NZ and overseas. And .. these are the pro's doing it.
If I were to go overseas I would just pick one or two or three at most the base of my portfolio would be on the NZX.
Bookmarks