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A strong recovery in markets to start the year
As you may have seen or read in the media, global financial markets hit a few road bumps late in 2018. Share markets around the world fell sharply as concerns around trade and rising interest rates put investors on edge. Against this backdrop, global shares fell 13.5%¹ during the fourth quarter.
If you’re a member of one of our KiwiSaver schemes, or an investor in one of ANZ’s investment funds, it’s likely that you noticed a corresponding dip in your account balance. Most of our funds invest in many different types of investments, including shares, bonds, property and cash, and so the big falls in share markets may have been reflected in the value of your investments.
You may still be concerned and so we wanted to give you a quick update on what’s happened since the start of this year.
This information is issued by ANZ New Zealand Investments Limited. The information is current as at 25 February 2019 and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. Past performance is not indicative of future performance. The value of investments may rise or fall and the repayment of subscribed capital is not guaranteed. ANZ New Zealand Investments Limited is the issuer and Manager of the ANZ KiwiSaver Scheme, ANZ Default KiwiSaver Scheme, OneAnswer KiwiSaver Scheme, ANZ Investment Funds, OneAnswer Single-Asset Class Funds and OneAnswer Multi Asset Class Funds. A copy of each of the ANZ KiwiSaver Scheme OneAnswer KiwiSaver Scheme, ANZ Default KiwiSaver Scheme, ANZ Investment Funds, OneAnswer Single-Asset Class Funds, OneAnswer Multi Asset Class Funds, guide and product disclosure statement is available at anz.co.nz or on request from any branch of ANZ.