. Deleted...
Printable View
. Deleted...
Deleted …thought better of it ……
Agreed but probably a futile request.
There is one troll in particular who lowers the tone for all and seems to need to respond to anything and everything and usually on the attack. Pity those who monitor this site don't bother policing it.
I find other threads on this sight far more constructive.
The NZX50 seems to be dominated by just a handful of shares. FPH 13 per cent of the index for example. EBOS, 6 per cent.
Have I got that right?
Wow, such concentration.
Still, most people would only have a fraction of their money in NZ shares I'm guessing. So nothing to worry about.
The S&P NZX50 has a cap per holding of 5%. But you are right in regards the percentage size of FPH in relation to the entire market capitalization of the companies in the the NZX50
The cap u talking about is for FNZ fund not for index ...Index is based on market cap of the company ...so 13% for FPH is right ...
https://smartshares.co.nz/types-of-funds/new-zealand-shares/nzg
NZG representative of true NZX50 index ...it has same weighting as index as its real index fund not FNZ
Correct & is what I was trying to convey, probably poorly.