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Fisher Trans Tasman Equity Trust

20836

Fisher Trans Tasman Equity Trust 20836 Strategy

The Fund provides for investment in New Zealand and/or Australian shares at the discretion of the Manager. The Manager may invest up to 100% in either Australian or New Zealand shares. For the up to date allocation to each country please contact TOWER. Stock selection is made by applying value investing criteria including company quality, earnings growth, risk level, intrinsic value, and relative value versus similar companies.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.
funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common
funds

Listed Investment Companies monthly performance: February 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,898.90 37.90 0.48%
CAC 40 8,023.26 41.75 0.52%
DAX 40 17,837.40 67.38 0.38%
Dow JONES (US) 37,775.38 22.07 0.06%
FTSE 100 7,877.05 29.06 0.37%
HKSE 16,385.87 134.03 0.82%
NASDAQ 15,601.50 81.87 -0.52%
Nikkei 225 38,079.70 117.90 0.31%
NZX 50 Index 11,785.69 50.35 -0.43%
S&P 500 5,011.12 11.09 -0.22%
S&P/ASX 200 7,642.10 36.50 0.48%
SSE Composite Index 3,074.22 2.84 0.09%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -2.86%
Imugene Ltd IMU 0.08 0.01 -6.02%
EML Payments Ltd EML 1.00 0.00 0.00%
Myer Holdings Ltd MYR 0.72 0.01 1.41%
Pantoro Ltd PNR 0.09 0.01 6.10%
Zip Co Ltd ZIP 1.14 0.04 -2.98%
Renascor Resources Ltd RNU 0.11 0.00 0.00%
Orora Ltd ORA 2.15 0.08 3.86%
Red 5 Ltd RED 0.43 0.00 0.00%
Alligator Energy Ltd AGE 0.06 0.00 -3.51%