Kr16

This kind of "Managed Fund" is probably better left as a long term investment, as this is the same time frame Fisher Funds will use in selecting stocks.

They only tend to sell out when the companies they invest in fundamentally change.

For those that like companies that offer shares in lieu of dividends (DRP's) you can accumulate extra shares & put this investment in the bottom draw.

If you are new(ish) to investing it will provide you with an exposure to ASX companies outside the top 100, without having to do the research yourself.

I rate Fisher Funds as a Fund Manager & have shares in KFL.

Have a look at the Fisher Fund website & check out there past performance.

http://www.fisherfunds.co.nz