Mounting tensions over the build-up of 100,000 Russian troops near the Ukrainian border has added to the uncertainty investors are already facing, and provided another tailwind for the greenback.
A net 57% of mortgage brokers are also seeing fewer property investors.
Nikko Asset Management in NZ expects Cathie Wood's Ark Innovation fund to be very volatile but thinks that strategy still has a place in its portfolios.
The RBNZ says New Zealanders are mostly unaware of the financial market infrastructure that underpins their daily lives.