Simplicity increases its investment in unlisted New Zealand assets
https://www.stuff.co.nz/business/money/131902335/simplicity-increases-its-investment-in-unlisted-new-zealand-assets
I saw that. It makes good sense for young people, but I am not sure how I feel about it for people who are approaching retirement. Illiquidity could be an issue.
I would prefer to have the option to opt-out.
Quote from: Onemootpoint on May 01, 2023, 08:43 AMSimplicity increases its investment in unlisted New Zealand assets
https://www.stuff.co.nz/business/money/131902335/simplicity-increases-its-investment-in-unlisted-new-zealand-assets
Yes, it's not for me.
Does provide another consideration/ option for those interested.
DD as usual though.
I have my KS with Simplicity (Balanced fund), with two years to go before I'm 65. Not interested in switching providers at this stage of life but I would have preferred a say in whether or not I wished to participate in this.
Quote from: Onemootpoint on May 01, 2023, 03:04 PMYes, it's not for me.
Does provide another consideration/ option for those interested.
DD as usual though.