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Piggybacking off of the collective

A benefit of a collective investment scheme (CIS) There are benefits to investing in a collective investment scheme (CIS) (also called a unit trust or mutual fund) relative to an individual share of a listed business in a post-tax discretionary investment account. The...

June 2021

Dear Fintax Investor Please find attached the latest fund fact sheets. Last month, the Balanced Fund delivered 0.2% and the Growth Fund 1.2%. In the attached commentary MGIM note that they are not currently overly concerned with inflation rising more and lasting...

The State of Inflation

Inflation definition: a general increase in prices and fall in the purchasing value of money. Rising inflation is currently taking place in the U.S. Interest rates have not yet risen to keep it in check. The U.S Federal Reserve has noted that they expect rising...

May 2021

Dear Fintax Investor Please find attached the latest fund fact sheets and commentary by MGIM. Last month, the Balanced Fund delivered 1.2% and the Growth Fund 0.6%. Investors will note from the Growth Fund fact sheet that its transition to a higher equity mandate has...

April 2021

Dear Fintax Investor Please find attached April’s fund fact sheets, and commentary from MGIM. Last month, the Growth Fund delivered 4.6% and the Balanced Fund delivered 3.6%. As you may know the Growth fund has undergone some changes and is now more equity focussed,...