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NZ firm offers aid to millions of US investors

NZ firm offers aid to millions of US investors

Millions of US investors can receive an early Christmas present this year from New Zealand ratings firm MetaWealth. In an open letter to President Bush, Branton Kenton-Dau, Governing Director of MetaWealth, has offered US investors free access to the ratings of over 100 US firms in a bid to help individual investors rebuild retirement plans devastated by a year of fraud, bankruptcies and falling stock market.

Unlike other rating systems the MetaWealth Purpose, Values and Vitality Rating (PVV) does not look at the financial statements of a company. Instead PVV measures a company’s commitment to a purpose beyond profit and values. The vitality or ambition of a company is also assessed. Over 15 years companies with high PVV ratings have returned seven times the market average. Companies with low PVV scores include Worldcom, Enron and Global Crossing, the three largest bankruptcies in US history.

“The message is simple,” says Branton Kenton-Dau, “Companies with the highest PVV rating provide investors with the greatest opportunity for outstanding returns at lowest risk. Conversely, companies with low PVV ratings provide on average significantly lower returns to investors at much greater risk.

“America was founded on the ideals of democracy, freedom and opportunity. Despite the events of this year PVV shows these ideals, and others like them, are still the principles that create lasting value. America is one of the most generous Nations on Earth. This gift is our chance to give something back.”

Until January 31st 2003 US investors can visit and view the complete PVV Ratings of 101 S&P500 companies free for a year.

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