Forum Archive Index - September 1999

[Chris Marshall <Chris.Marshall@directories.co.nz>]

Hi Brian

During the crazy unit trust years of 1992-96 I invested into BT, NZFM,
Rothchilds, Jardine Fleming.
I found NZ based trusts hopeless cos of fund size (and therefore few staff
researching) and tax treatment causing poor returns.  The other three do
great in bull markets but I found only BT coped with bear markets reasonably
- the other two fell fast.  My favourite BT funds are the large equity funds
- Growth, International, American, European, Equity Imputation(Aust) &
Pacific Basin.  The first two are consistent at around 20% p.a. avg return
over 5 years.  The others are more volatile - returns varying 5 - 40% p.a.
MLC Platinum Global is run by Kerr Neilsen who used to run BT research till
he & some of his top staff moved to MLC - some of the other MLC funds seem
to be large and 20% p.a. avg too.   

Chris

> -----Original Message-----
> From: Brian Brakenridge [SMTP:brianbrak@xtra.co.nz]
> Sent: Monday, 27 September 1999 8:22
> To:   sharechat@sharechat.co.nz
> Subject:      [sharechat] Mutual Funds
> 
> Hi there:
> Mark, you said there are better ideas out there at present than index
> funds and overseas investments, could you please elaborate.
>  
> Chris, you mentioned BT and MLC. Could you be more specific, I know
> Bankers Trust but which of their products look best for overseas
> investing. Who are MLC, sorry, that may be obvious.
>  
> Cheers, Brian
>  
>  

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