Global share markets are now 22% above their lows.
NZ Funds has successfully mitigated the downside and will continue to fully participate in the share market recovery.
The road to recovery for the global economy will be long.
Returns over the short-term could be soggy as the economic reality of COVID-19 sets in.
Despite short-term headwinds we continue to see 15 – 20% upside in share markets over the next 12 – 24 months.
For those with longer-term time frames, share market returns will be substantially higher.
Click here to read the article: NZ Funds Investment Research – Market Update 7