Sharechat Logo

NZ Super Fund return positive result

Thursday 17th February 2011

Text too small?

The New Zealand Super Fund returned 1.61% in January, down from 4.42% in December.

It said the main factor influencing January's return was a "modest gain" in the fund's global equity investments.

For the financial year to date, it returned 18.96%, while its annualised return since inception is 7.55%. The fund has $18.47 billion invested.

The fund's largest holdings include Auckland International Airport, Fletcher Building, Contact Energy and Telecom.

The Superfund was set up to pre-fund the future cost of New Zealand superannuation by investing government contributions and returns on the contributions for the long term.

 

NZPA



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

PYS - PaySauce to announce F26 full year results on 27 May 2026
PEB - Draft LCD Proposes Medicare Coverage for Triage and Triage
MEL - Meridian Energy monthly operating report for April 2026
FBU - Sale of South Australian property
AIR - Air New Zealand market update
May 14th Morning Report
PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend
May 13th Morning Report
Pacific Edge launches capital raise of NZ$24 million