But if you want , inflation protection , and a portfolio that doesn't give you a heart attack, build your core around the NZX Mag.
Fisher & Paykel Healthcare trades at a P/E that assumes perfection. Mainfreight rarely dips below a 25x multiple. Because there are only 50 stocks on the main board, global fund managers have nowhere else to park large sums of money, so they bid up these seven names. nzx mag
If you follow global markets, you’ve heard of the Magnificent Seven : Apple, Microsoft, Nvidia, and the rest of the US tech titans pulling the S&P 500 to new highs. But if you want , inflation protection ,
Ticker: SPK The telco. No growth, but a fortress balance sheet. Retirees love Spark because the dividend yield (usually 6-7%) is better than a term deposit. It’s the utility of the digital age. Because there are only 50 stocks on the
Start with EBOS and Meridian. Add Mainfreight on a dip. Top up with Spark for the income.
Wait for a pullback. Fletcher Building is volatile; buy it when the news is terrible. Buy Mainfreight when the shipping rates drop. The Final Verdict Forget trying to find the next Nvidia on the NZX. It doesn't exist here.
Meet the NZX Mag: New Zealand’s Answer to the Magnificent Seven Subtitle: Why these seven Kiwi stocks are the backbone of your portfolio.