Shareholders in New Zealand company Xero made 330 per cent in 2013 and lost 50 per cent in 2014; MYOB's share price has lost 10 per cent since its float in May; 1-Page is up 780 per cent in one year.
Refer to the input text as context and select the correct relationship between 'Xero' and 'New Zealand' from the available options.
Options: owner of, industry, legal form, location of formation