WARNING TO INVESTORS

Evening Post, Volume CXV, Issue 72, 27 March 1933, Page 10

WARNING TO INVESTORS

The ■ chairman of the Investment Executive Trust of Keir Zealand, Limited, in his annual report to debenture holders gave some valuable information to investors whose chief concern is the safety of their capital. He stated, inter alia:—

SPECULATION AND GUESSING DIS PLACED BY GKOTJP INVESTING.

"I think I am fully justified in saying that the Investment Executive Trust of New Zealand, Limited, has brought to investors in the Dominion a service which insures their investments against loss and also: insures an adequate and continuous profit. "Its objects are to eliminate the haphazard 'hit or miss' methods of speculation, and to substitute a plan of, group investing, based on assets values, not necessarily Stock Exchange prices. The'adoption of this plan "in Great Britain came two generations ago, and it has since established itself as a sound method of protecting capital and income. In the light of experience, I am convinced that "the vast majority of those with means, little or much, to invest can improve their financial positions by converting their existing investments into investment trust securities. There has been too much investl ing without a knowledge of scientific investment principles, which must be carefully examined and understood before there can be any assurance of capital safety and adequate income. • "Intelligent selection requires the aid of the specialist. The aggregate experience of the trust's specialists supported by-statistics, financial statements, and records covering all phases of investment factors, extends over many years, and their knowledge is made available to intending or actual investors.