The Fonterra Shareholders' Fund may simply slip away

Analysts say it never delivered on the opportunity (Image: Supplied)

Sat, 24 Jul 2021

Fonterra’s foray into listing might end up costing its shareholders close to $500 million but the Fonterra Shareholders' Fund may well slip off the books with little or no fanfare. “The unit trust has been marginalised since day one in some respects. The experience has been quite poor for unitholders all the way through,” said Oyvinn Rimer, senior research analyst for Harbour Asset Management.He doesn’t think there are many investors in the fund left to care. “We own a very small number in our passive...

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