Macquarie Term Advantage

23781

Macquarie Term Advantage 23781 Strategy

The Fund is required to invest the funds raised by it exclusively in a New Zealand dollar denominated deposit with a New Zealand registered bank with a minimum Standard & Poor’s credit rating of AA, provided that cash may be held by the Fund for liquidity purposes. As at the date of this Investment Statement, the deposit is with the New Zealand branch of Rabobank.
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

The investment that sidesteps the new tax traps

A rundown on insurance bonds.
funds

Why passive investing doesn't always work in fixed income

Passive investing thrives in efficient markets, but fixed income faces more headwinds
funds

How passive investing is driving the decline of active fund alpha

New research suggests that flows into index funds and ETFs are creating structural headwinds for active managers.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,274.205.600.06%
CAC 408,579.6057.19-0.66%
DAX 4026,338.61101.70-0.38%
Dow JONES (US)53,459.78272.63-0.51%
FTSE 10010,720.3029.81-0.28%
HKSE25,482.0728.840.11%
NASDAQ26,644.9184.25-0.32%
Nikkei 22567,460.731,759.52-2.54%
NZX 50 Index13,866.18144.201.05%
S&P 5007,745.0640.70-0.52%
S&P/ASX 2009,070.005.200.06%
SSE Composite Index3,987.895.240.13%

Market Movers