Investing in New Zealand

Written By Guest User

Hi Barefoot,

I’ve recently moved back to New Zealand. I was wondering what the NZ equivalent of AFIC is, as I am going to begin my NZ share portfolio.

Helen

Hi Helen,

You can buy AFIC (or ‘AFUC’ for you Kiwis) on the New Zealand Stock Exchange. It’s exactly the same low-cost investment company that’s been around for well over 80 years. Then again, I’m not an expert on investing in New Zealand -- there may be better sheep to shear over there!

Scott

Reminder: I first wrote about this years ago and highlighted the low costs. Today there are better deals on offer. How do I know? Because my readers constantly email me about them! So before you do anything, do a quick google.

Guest User
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