Forum Archive Index - February 2000

["Rini H" <the4rs@ihug.co.nz>]

Mark,

Try these for excellent return as well (over 60%):
Henderson Technology Trust (UK)
BT European Growth (Australia)

Rini

-----Original Message-----
From: Mark Hubbard <mhubbard@es.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Sunday, 6 February 2000 12:58
Subject: Re: Re: [sharechat] Re the reference to investing in Funds


>If you're looking for a good overseas investment vehicle for investing in a
>range of overseas equities, etc, then I don't believe you can do better
than
>UK investment trusts. I believe they are superior to NZ domiciled unit
>trusts (investing overseas) as the UK Trusts are structured so that they
>don't pay capital gains (whereas other than passive NZ unit trusts all do).
>Through UK Investment Trusts there is also a much greater variety of
>investment options; you cannot only invest by country (or there are also
>straight global funds), but you can also invest by sector.
>
>An excellent site here is Trustnet, where you can get listings of all
trusts
>available, plus 1 to 5 year performance. I'm currently invested in:
>
>Finsbury Technology
>Charter European
>Jardine Fleming Fledging Japan
>Flemming Asian Investment Trust
>Flemming Overseas Fund (this one purchased on NZSE)
>Henderson Electric & General
>
>Note that I'm getting far superior returns (even with brokerage taken into
>account) than I ever got through NZ unit Trusts which I was invested in for
>8 years before completely switching over to UK Funds. Note also that all of
>the above trusts are concerned with achieving capital gains rather than
>income.
>
>The only downside at the moment is the low $NZ (although good if you've
>already got your money overseas!)
>
>You'll find Trustnet at:
>
>http://www.trustnet.co.uk/general/default.asp
>
>Regards
>
>
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