Investment Insights – October 2024

In the third quarter of 2024, there was considerable excitement surrounding interest rate cuts, as major economies such as New Zealand, the United States, and prominent Eurozone nations began their easing cycles.


Grace Bricknall, Investment Analyst, shares insights from Mercer’s global network of investment experts, covering:

  • How the investment markets performed in quarter three.
  • The decrease in the official cash rate and how it may impact New Zealand investors.
  • Key market trends we’re likely to see in the final quarter of 2024.

New Zealand Defence Force Savings Schemes offer you the choice of seven different investment options. If you’re not sure if your investment option is right for you, take our Fund Selector and/or call NZDF’s appointed financial advisers, Become Wealth, on 0508 BECOME (0508 232 663) or email them at hello@become.nz.

Mercer’s team of experts based in 44 countries around the globe, including New Zealand, monitor global and local events and bring you the latest updates. We also produce an investment report each month covering the NZDF Savings Schemes, which includes returns for each of the seven funds in each scheme.

 

This information has been prepared by Mercer (N.Z.) Limited. The information contained in this article is intended for general guidance only. It does not take into account your particular financial situation or goals. Before making any investment decision, you should refer to the Product Disclosure Statement or consult an appropriately qualified financial adviser.

25 October 2024