New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Thematic (Sector/Industry)

Australia Healthcare equipment and services / Thematic (Sector/Industry)

<ul><li>Care has been a persistent drag on profitability for most of NZ’s retirement sector in recent years.</li><li>Summerset (SUM) is the most levered to successful execution of its strategy, given the significant targeted increase in its ORA penetration.</li><li>Our preferred names in the sector are Summerset (SUM) and Oceania Healthcare (OCA) which are both rated OUTPERFORM.</li></ul>

Care has been a persistent drag on profitability for most of NZ’s retirement sector in recent years.Summerset (SUM) is the most levered to successful execution of its strategy, given the significant targeted increase in its ORA penetration.Our preferred names in the sector are Summerset (SUM) and Oceania Healthcare (OCA) which are both rated OUTPERFORM.

Aged Care Sector Digging Into Care—It’s Now ORA Never