But if you want , inflation protection , and a portfolio that doesn't give you a heart attack, build your core around the NZX Mag.
Ticker: MFT The crown jewel. Mainfreight is a logistics powerhouse that has successfully exported the Kiwi work ethic to 27 countries. It’s expensive, but it rarely goes on sale. This is your long-term compounder. nzx mag
You aren't buying the NZX for 50% gains in a year. You are buying it because when the US market crashes 10%, Mainfreight drops 2%. These are sleep-well-at-night stocks. But if you want , inflation protection ,
Meet the NZX Mag: New Zealand’s Answer to the Magnificent Seven Subtitle: Why these seven Kiwi stocks are the backbone of your portfolio. It’s expensive, but it rarely goes on sale
Ticker: FPH Our actual "Magnificent" stock. FPH is the only NZX company that truly rivals US tech multiples. They dominate hospital respiratory hardware globally. The valuation is high, but the moat is deep.
Ticker: MEL The largest gentailer. With the South Island hydro lakes and wind farms, Meridian is a proxy for the renewable energy transition. It pays a reliable dividend and benefits when the wholesale power price spikes.
That is the Kiwi wealth recipe. Disclaimer: This is not financial advice. I’m just a local looking at the market. Always do your own research or consult a financial adviser before buying shares.