Super Fund earns $340m in April

The $19 billion New Zealand Superannuation Fund returned 1.82%, or $340 million, for the month of April on the back of gains from equity investments, it said today.

The country's retirement nest egg has recorded a return of 25.28% for the full year to April, to be worth $19.15 billion. Sixty percent of the fund, or $11.5 billion is in global equities.

NZPA

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