Yes, we are still seeing reports of new numbers of positive virus tests, plus recoveries, and sadly also daily fatality rates out of Europe, USA, and Australia however NZ Funds is of the belief that the markets have found the bottom and will rise from here, well before COVID-19’s peak infection is reached.
Accordingly, we are now fully invested so that we can all capture the inevitable upside.
There may be a little room left on the downside, but we are now focused on outperforming as the share markets rebound.
We recommend reading the article in the following link.
NZ Funds Investment Research – Market Update 4 2020 vision_Mar2020