We are now at half time in what has been a very ordinary investment period. The first six months of 2010 have featured increasingly volatile markets and overall negative returns. In a sports match, half time can be a great refresher. No matter how frustrating the first half was, with missed opportunities and conditions just not favouring a team’s style of play, players can return to the changing rooms, re-group, and come out firing. Irrespective of what has gone on before, the second half can be a different game altogether. The second half of the calendar year may very well herald improved investing conditions. Bring it on. [ ... read more]
| NZ Growth Fund |
2.7480
|
| Australian Growth Fund |
1.9288
|
| International Growth Fund |
1.1447
|
| Fledgling Fund |
0.9917
|
| KiwiSaver Growth |
0.9993
|
| Infrastructure Fund |
1.2015 |
|
| NZ Growth Fund |
-3.9% |
| Australian Growth Fund |
-5.9%
|
| International Growth Fund |
-4.2%
|
| Fledgling Fund |
-4.1%
|
| KiwiSaver Growth |
-4.9%
|
|
Infrastructure Fund
|
-2.4%
|
| NZ50 Gross Index |
-2.9%
|
| S&P/ASX300 ($NZ) |
-3.9%
|
MSCI Global Small
Cap Index ($NZ) |
-5.2%
|
|
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Kind regards
The Team at Fisher Funds