Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s why ETF trading is down, and what it means for your strategy. Hosted by Frances Cook.
After a couple of years of hype and Covid boredom, it looks like the shares investing scene is crashing back to earth.
Figures from the NZX show New Zealand ETF trading is down about 75 per cent in the last year, aka, investors aren’t buying and selling as many of those Exchange Traded Funds.
There are a few things that could be feeding this trend, and I suspect higher interest rates and a higher cost of living are part of it.