Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Public Trust Wins FundSource Award - Again!

28 October 2005

Public Trust Wins FundSource Award - Again!

Public Trust's Growth Priority Fund has won the FundSource Diversified Growth Fund of the Year Award, it was announced today. In winning this award, Public Trust has beaten a host of top-flight rivals - for the second year running

"The FundSource Diversified Growth Fund Award is determined after rigorous analysis using both quantitative and qualitative factors. It recognises that Public Trust's Growth Priority Fund has, over the past three years, generated an attractive return for investors with a suitably low level of risk." said Pat Waite, chief executive of Public Trust.

"With a net return of 10.4%, the award also caps off a great year for investors in our fund."

"Our managed funds are gaining substantial recognition from the industry with Public Trust being named Morningstar Research's overall Fund Manager of the Year in 2003, the Balanced Fund and Defensive Fund being runners-up in FundSource Research's sector awards in 2003," said Mr Waite.

Working with New Zealanders for 132 years, Public Trust is New Zealand's largest and most enduring trustee organisation. Its services include Wills, enduring powers of attorney, estate administration, family trusts, pre-paid funeral trusts, education and inheritance trusts and charitable trusts, savings and investments, lending and insurance.

Public Trust has 35 customer centres; eight in the South Island and 27 in the North Island including seven in the greater Auckland region.

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Transport Industry Association: Feb 2021 New Vehicle Registrations Strongest On Record

Motor Industry Association Chief Executive David Crawford says that the February 2021 figures are the strongest for the month of February ever. Registrations of 12,358 were 8.0% up on February 2020. Year to date the market is up 7.1% (1,735 units) compared to the first two months of 2020... More>>

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction

NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>

ALSO:



Hemp Industries Association: Could The Next Team NZ Boat Be Made Entirely Of Hemp?

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, nutritious hemp-infused foods and wearing high-performance hemp kit..? More>>


ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>

OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>