Sale of Russian investments

Russia’s invasion of Ukraine is a tragedy that is unfolding in front of the world. NZBritannia’s Environmental, Social and Governance policy addresses a wide range of concerns, including human rights abuses and Russia’s actions in the Ukraine do not fit with NZBritannia’s values.

NZBritannia indirectly held a small number of immaterial investments in some Russian companies. These investments are either already sold or are being divested.

We expect that world markets will remain volatile for a while, and this will result in the value of your investment rising and falling more quickly than usual. It is normal if you find this discomforting, so we recommend that you get in contact with your financial adviser to discuss your concerns. Remember that it is your ability to remain disciplined during difficult times that will allow you to reach your long-term goals.

If you have any questions or concerns about your investment get in touch with your financial adviser today.

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‍Disclaimer: Product Disclosure Statements for the Britannia Retirement Scheme and the Integral Master Trust are available from the Schemes' issuer, Britannia Financial Services Limited, phone 0800 500 811.

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Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current developments or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.