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Managed investment schemes are utilised to provide investors with exposure to a wide range of assets including shares, bonds , property, forestry and cash both in New Zealand and overseas.

Covenant acts as supervisor for managed investment schemes which include, unit trusts and property managed investment schemes and forestry schemes In addition to schemes being offered to the public, Covenant also supervises schemes being offered to wholesale investors. Covenant currently supervise managed investment schemes with assets in excess of $10 billion.