Kapiti Financial Advice Limited – KiwiSaver and Investment
Share Markets Global share markets rose 3.7% in May, reverting to their upward trend Favourable economic data in the US, UK and Europe, a successful US earnings season, and falling longer term interest rates supported the rise in global share markets. AI remains a key feature. Nvidia’s better than expected profit announcement provided a big … Read more
Established in 1998, Booster Financial Services Limited is a Wellington based fund manager, recognised for responsible investing, including a number of ethical accreditations and partnerships. Booster’s track record reflects a very capable investment approach utilising a mix of active and passive management, centred around diversification and direct ownership of assets. In their April 2024 Portfolio … Read more
Attached is a copy of our Select Wealth Management Monthly View. Key points: The ongoing resilience of the US economy is supportive of US corporate earnings, and global economic activity is stabilising. This is supportive of a broader range of stocks outside the narrow range of AI/tech stocks known as the Magnificent Seven. Risks remain … Read more
The resilience of the US economy, robust corporate profits, enthusiasm around artificial intelligence (AI), and the prospect of central banks reducing interest rates later in the year have pushed global markets higher. New Zealand’s share market gained 3.3% in March, primarily on positive global investment sentiment and lower longer term interest rates. The global economic … Read more
2024 could see revival of dividend stocks and a better balance in share market perfomance Investors sought dividend-paying stocks in 2022 mindful that interest rate hikes by the US Federal Reserve could weigh on bonds (higher yields drives bond prices lower). But in 2023 dividend stocks fell out of favour: As interest rates rose to … Read more
Booster has launched Booster Savvy, an innovative smart account and Mastercard debit card, which also earns a competitive interest rate. Savvy is underpinned by an investment account but with a debit card and NZ bank account number, providing customers with access to their money to enable day-to-day payments and transactions, while still making a return … Read more
A Massey University report reveals a widening gap between NZ Superannuation and the cost of living in retirement. The New Zealand Retirement Expenditure Guidelines Annual Update 2023 examines various lifestyle choices and the savings that are required to fund the respective lifestyle. The study shows that your geographic location (metropolitan v provincial) and your personal … Read more
An article on Stuff this week highlighted the strong performance of Milford and Generate KiwiSaver funds over the longer term, as reported in the June 2023 quarter Morningstar KiwiSaver survey. Morningstar is an international financial services firm which conducts investment research, including their quarterly KiwiSaver survey. The Stuff article notes that Milford has been a … Read more
I have had a couple of enquiries over the past week about an article on Stuff expressing concern that KiwiSaver members are at risk from having “all your money invested with one manager”. I have given this some thought and it is not something that particularly concerns me. The writer gives the analogy that it’s … Read more
This year should see a change in market dynamics as interest rate hikes slow and rates peak. Previous interest rate increases should start to gain traction in containing inflation. The hope is that the central bank will manage to achieve a soft landing for the economy. Even if we enter recession, markets tend to focus … Read more