NZ average on disclosure
Friday, January 19th 2018, 11:12AM
New Zealand has recorded an average grade for disclosure in Morningstar’s latest Global Fund Investor Experience Study.
That puts it ahead of the six countries that were below average: Australia, Belgium, France, Italy, Japan and Netherlands.
India and United States were top.
Morningstar noted that, around the world, long and complex prospectuses were being replaced with shorter version.
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