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NZ Funds plays down sweeping changes to KiwiSaver leverage disclosures

August tweak specified the fund's use of derivates is unlimited and may be extensive.

NZ Funds says changes to its KiwiSaver scheme’s disclosure documents to specify that its use of derivatives is “unlimited” and “potentially extensive” are simply business as usual.

But NBR understands at least one concerned financial adviser group has written to clients ensuring they

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Hamish McNicol Thu, 11 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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NZ Funds plays down sweeping changes to KiwiSaver leverage disclosures
Investment,
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