Trusted Investment Advisers for Over 100 Years
Active Management — aiming to beat the market using research & judgement.
Passive / Indexing — aiming to match the market via index-tracking funds.
Asset Allocation — mix of shares, bonds, property, cash to fit your goals & risk.
Diversification — spreading risk across assets to smooth returns.
Volatility — how much prices move up/down; more movement = higher risk.
Total Return — income + price change combined.
Equities / Shares — ownership in a company.
Blue-Chip — large, high-quality companies with steady records.
Dividend (Yield) — cash paid to shareholders (yield = dividend ÷ share price).
P/E Ratio — price vs earnings; quick valuation gauge.
EPS (Growth) — earnings per share (and how fast they’re growing).
Buyback — company repurchases its own shares, reducing supply.
Bond — a loan to a company/government; pays interest (coupon).
Accrued Interest — interest accumulated since last payment.
Premium/Par/Discount — bond price above/at/below face value.
Yield / Yield Curve — income as a %; curve shows yields by maturity.
Duration / Interest-Rate Risk (implied) — prices fall when rates rise.
Hybrids / Preference Shares — securities with bond + share features.
Bid / Ask (Offer) — best buy / sell prices; spread = the difference.
At Market — execute now at best available price.
Liquidity — how easily you can trade without moving the price.
IPO / Float — first public listing of a company.
Exchange-Traded Fund (ETF) — fund that tracks an index and trades like a share.
Bonus / Rights Issue — extra shares or discounted offer to holders.
Record / Ex-Date — dates that set eligibility for dividends/rights.
CSN / FIN / Registry — NZ holder IDs & share records.
Contract Note — confirmation of your trade.
Company (Fundamental) Analysis — study financials, strategy, industry.
DCF / NPV / IRR — cash-flow based valuation & return measures.
EBIT / EBITDA — profit measures before financing & non-cash charges.
NTA / NAV — assets minus liabilities (often per share/unit).
Correlation — how assets move together; low correlation aids diversification.
Financial Adviser (FA) — licensed to give investment advice; must meet FMA standards.
FMA — regulator promoting fair, efficient, transparent markets.
Translate jargon into clear decisions you’re confident in.
Build portfolios with fit-for-you asset allocation and true diversification.
Select products (shares, bonds, ETFs) using evidence-based research.
Manage risk (volatility, interest-rate, concentration) proactively.
Explain corporate actions & admin so you never miss entitlements.
Value companies using DCF, comparables, and quality metrics—then act.
Keep costs transparent and execution timely across NZ & global markets.
