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  1. #76
    Guru peat's Avatar
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    Aug 2004
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    Whanganui, New Zealand.
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    Quote Originally Posted by huxley View Post
    actually I didnt know that. So thank you for the information
    I'm not sure that I blithely accept their stated reasoning for non participation in a market survey. I will think about this more....
    For clarity, nothing I say is advice....

  2. #77
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    May 2014
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    Quote Originally Posted by peat View Post
    actually I didnt know that. So thank you for the information
    I'm not sure that I blithely accept their stated reasoning for non participation in a market survey. I will think about this more....
    the last 3 reasons are somewhat valid, but this one

    "
    1. As a rule we treat active participation in surveys like any SuperLife advertisement. Under the Act where we publish an advert we need to certify that the ad (in this case the survey) is not misleading. With external surveys, we cannot do that, as we believe that some other provider returns are not always accurate and where they are accurate the different strategies adopted make them not always comparable. We therefore think that if we actively participated and actively supplied our data, we would be guilty of breaching the spirit of the Act. While technically we may not have breached the Act, we prefer to set a higher standard than the bare legislative minimum.
      "

    "the spirit of the act" lmao.....

  3. #78
    Update Ready To Install
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    Aug 2010
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    Floating Anchor Shoals
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  4. #79
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    Nov 2018
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    Christchurch
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    118

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    Quote Originally Posted by Joshuatree View Post
    I have a problem with such reports. They don't tell the net after mgt / admin fees % returns and also don't tell the 'cumulative' returns for those funds ; especially since inception. Again I will wave the Warren Buffet flag. These funds will not beat the index return in the long long term because like at the casino, the odds are against them. Those that do beat the odds are just lucky in the short term.

  5. #80
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    Jan 2014
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    Quote Originally Posted by SBQ View Post
    I have a problem with such reports. They don't tell the net after mgt / admin fees % returns and also don't tell the 'cumulative' returns for those funds ; especially since inception. Again I will wave the Warren Buffet flag. These funds will not beat the index return in the long long term because like at the casino, the odds are against them. Those that do beat the odds are just lucky in the short term.
    The total returns are after fees and before tax, so the fees are accounted for. I largely agree with your active/passive stance, but do be aware that at least some of the options presented are in fact passive funds, such as simplicity who I have my kiwi saver with. I expect to match the index minus the 0.3% fees, which is low in an NZ context but I admit still high internationally. Hopefully fees will continue to fall with increasing scale.

  6. #81
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    Join Date
    Mar 2006
    Location
    , , New Zealand.
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    145

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    https://mindfulmoney.nz/ is a new tool looking to cover ethical investment but also returns

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