Chart of the Month – August 2016
The New Zealand share market has been one of the best performers, returning nearly 30% more than global share markets over the past two years. There are two main things that seem to have driven this:
1) New Zealand’s economy continues to be strong compared to other economies across the world; and
2) the companies on the New Zealand share market pay a higher dividend than other share markets.
The second reason has arguably been the more important driver of the strong returns.
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