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KiwiSaver provider Fidelity Life has teamed up with giant global investment manager Dimensional to launch two new funds.
Fidelity Life is launching the Asset Class Conservative Kiwi Fund and the Asset Class Growth Kiwi Fund, which will both have DFA Australia (Dimensional) as their primary fund manager.
Dimensional manages more than US$270 billion in assets globally.
It has close links with leading academics in the field of modern finance, including Gene Fama and Ken French and Nobel Laureates Merton Miller, Myron Scholes and Bob Merton.
Normally kiwibank buys gareth morgan investments, access to investing with Dimensional in New Zealand is restricted to a select number of accredited financial advisers and institutions; however, the Fidelity KiwiSaver Scheme kiwibank buys gareth [kiwibank buys gareth morgan investments] morgan investments now allows KiwiSaver members the opportunity to utilise the Dimensional investment approach. Kiwibank buys Gareth Morgan Investments
further details about the funds and fidelity’s deal with dimensional will be provided at a briefing today.