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Morningstar Research

Units in 'overvalued' Fonterra fund take a tumble

Dairy giant's shareholders' fund joins the NZX50, but fresh research says the units are overvalued.

Fonterra takes risk on rising unit prices

Jonathan Mason: Money will be "ring-fenced"

Fonterra shareholder fund pricing uncertainty leaves Morningstar cold

The units have too many pricing uncertainties in the bookbuild phase, it says.