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An update on the coronavirus and why the price of oil is falling
11 March 2020
As you may have seen or read recently, there has been a pickup in market volatility due to the ongoing concerns around the coronavirus, and more recently, the sharp decline in oil prices.
This may have resulted in a decline in your KiwiSaver or investments account balance, and given this, we wanted to give you an update on the coronavirus situation and some information around the fall in oil prices as well as some information on how we can assist you.
This article has been prepared by ANZ New Zealand Investments Limited for information purposes only and it should not be treated as financial advice. It is recommended that you seek advice from an authorised financial adviser which takes into account your individual circumstances before you acquire a financial product. Past performance does not indicate future performance. Performance is not guaranteed and may be negative as well as positive.