NZX signals new exchange-traded fund, lashes fee critics
Niko Kloeten Wed, 05 Jun 2013
Comparing the fees on New Zealand exchange-traded funds (ETFs) to those in much bigger markets overseas is unfair, according to the boss of NZX-owned ETF provider Smartshares.
Smartshares, which manages $300 million across five funds investing in the New Zealand and Australian share markets,