Wednesday 17th March 2010 |
Text too small? |
The New Zealand Superannuation Fund grew by 1.88% last month to add a theoretical $296 million to the size of its total pool of investments.
In January the fund lost 1.97% of its paper value.
For the year to date since July 2009, the fund’s investment growth has been $2,337 million, a return of 17.24% the fund reported in its monthly update. By comparison, the fund had an unrealised loss in the 2008/09 year of 22.14% as stockmarkets and NZ Super’s investment in them, plunged dramatically.
Since its inception in 2003, the value of its unrealised investments has been $2.434 billion, a return equivalent of 6.04%.
The fund’s largest investments are in international large cap equities, with 36.7% or $5,865 million of its total. The next largest investment is international fixed income with $2,657 million, representing 16.7% of its total.
NZSF has over 10% of Auckland International Airport’s shares, and almost five and a quarter percent of transport and logistics firm Mainfreight.
Businesswire.co.nz
No comments yet
Skellerup achieves another record result
August 21st Morning Report
Me Today signals capital raise and provides trading update
Seeka Announces Interim Result and Updates Guidance
FBU - Fletcher Building announces FY25 Results
August 20th Morning Report
RUA - New Zealand grown products support Rua's global strategy
Devon Funds Morning Note - 19 August 2025
Seeka Announces 15 cent Dividend
MCY - Major renewable build advanced despite 10% earnings dip