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
No comments yet
Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update
July 29th Morning Report