voltage
29-06-2019, 08:56 AM
Which fund is best to use for the NZ market? Advice appreciated.
Smartshares use S&P/NZX 50 Portfolio Index – management fee is 0.5%
Simplicity use S&P/NZX 50 Index – management fee is 0.1%
S&P/NZX 50 Portfolio Index
The index comprises the same constituents as the S&P/NZX 50 Index, but with a 5% cap on the float-adjusted market capitalization.
S&P/NZX 50 Index
The index is designed to measure the performance of the 50 largest, eligible stocks listed on the Main Board (NZSX) of the NZX by float-adjusted market capitalization.
Smartshares use S&P/NZX 50 Portfolio Index – management fee is 0.5%
Simplicity use S&P/NZX 50 Index – management fee is 0.1%
S&P/NZX 50 Portfolio Index
The index comprises the same constituents as the S&P/NZX 50 Index, but with a 5% cap on the float-adjusted market capitalization.
S&P/NZX 50 Index
The index is designed to measure the performance of the 50 largest, eligible stocks listed on the Main Board (NZSX) of the NZX by float-adjusted market capitalization.