Senior Trust Retirement Village Listed Fund (NS) is a unit trust, as defined in the Unit Trusts Act 1960. The investments in the fund will primarily be used to lend money to retirement and aged care operators selected by SRF. SRF may also invest in debt securities, with the aim of providing investors with regular distributions.
The retailer has raised the possibility of a full-year earnings loss.
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
"We’ve continued to lag relative to other markets," analyst says.
Executive chair Keith Jackson says the firm is not concerned.
New Zealand shares ended firmer after Infratil and Spark posted gains.
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