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How to buy Kingfish Limited shares (KFL)

The steps you need to follow if you want to buy Kingfish Limited shares on the NZX.

kingfish limited logo

Kingfish is an investment company that provides shareholders with exposure to growing New Zealand companies. If you’d like to buy Kingfish Limited (KFL) shares on the New Zealand Exchange, here’s what you need to do.

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How to buy shares in Kingfish Limited on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Kingfish Limited. Find the stock by name or ticker symbol: KFL. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Kingfish Limited reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Kingfish Limited, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of Kingfish Limited. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Kingfish Limited overview and background

Kingfish Limited is a listed investment company and is listed on the Main Board of the NZX. It aims to achieve a high rate of return due to income and capital growth, and provide investors with access to a diversified portfolio of New Zealand growth companies.

The portfolio comprises between 15 and 25 New Zealand companies and is designed to suit medium- and long-term investors.

The fund manager is Fisher Funds, a specialist investment management company that was established in 1998.

Performance and company results

In its annual report for the year ended 31 March 2021, Kingfish announced the following financial results:

  • Net profit after tax of $142.7 million (a significant increase on the previous year’s COVID-impacted profit of $1.7 million)
  • Total shareholder return of +65.1%
  • Adjusted NAV return (after expenses, fees and tax) of 41.1%
  • Total dividend of 13.48 cents per share

Key details

NameKingfish LimitedIndustryAsset Management
Ticker symbolKFLISINNZKFLE0001S0
TypeOrdinary SharesDate listed on NZX31 Mar 2004
End of financial yearMarchIndependent chairmanAlistair Ryan
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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