I'm surprised this post has any likes given it's full of speculation and untruths.
Which NZ fund managers have been selling down?
Since 1st July 2020 no NZ fund has sold. They have to disclose a movement of 1% or more if they own over 5% of the stock.
In fact, funds including Blackrock, Pendal group, Mitsi and Morgan's have increased their holdings. UBS and CBA have reduced.
The fact people 'like' this illustrates that a majority - almost all - of the people posting and those watching are ill informed.
DYOR people.
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7 | 40193 | 5.560 |
3 | 12651 | 5.550 |
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2 | 19870 | 5.520 |
Price($) | Vol. | No. |
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