NZ ADVISER: Bank of China (New Zealand) Limited fund delivers 6.3% pa return
Bank of China New Zealand (BoC NZ) Wholesale Fund #1 has announced a return of 6.3% p.a. for the year ending September 30, 2018. The tax-effective nature of the PIE investment means no further New Zealand tax is payable by investors in the fund. “This is a big difference to other QDII offerings that are available