Mutual Funds
Sir, —The news and correspondence regarding Mutual Funds in New Zealand have been interesting. Would you inquire of the Association of Mutual Funds (president, Mr J. R. Maddren) if, in an emergency, one may withdraw, or borrow, any cash against one’s mutual fund contributions before the age of 60, and from whom the annual income (annuity or pension) is purchased at the age of 60?—Yours, etc., INTERESTED POSSIBLE INVESTOR. February 20, 1972. [Mr J. R. Maddren, president of the Association of Mutual Funds of New Zealand, replies: “If ’lnterested Possible Investor’ will get in touch with any of the mutual fund companies they will be happy to give full details of the mutual fund superanuation investment scheme and to explain the system in depth to genuine inquirers at any time. It is not a subject that can be handled piecemeal through the correspondence columns.”]
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19720224.2.94.12
Bibliographic details
Press, Volume CXII, Issue 32849, 24 February 1972, Page 12
Word Count
146Mutual Funds Press, Volume CXII, Issue 32849, 24 February 1972, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in