Wednesday 20th April 2011 |
Text too small? |
The New Zealand Superannuation Fund made an 0.41% return in March.
This took the year to date return to 23.04% and the return since inception to 7.87%.
The fund had $18.82 billion in it at March 31.
Currently 61.2% of the fund is invested in global equities and 11.3% in international fixed income markets.
The fund is intended to be a long term investment vehicle to help meet the future costs of New Zealand superannuation. It is separate to Kiwisaver.
The fund made a 3% return in March, which it attributed to a rally in global equity markets.
NZPA
No comments yet
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills
GTK - Half-Year Results Announcement Date
Government ends war on farming
Sky and BBC Studios renew expanded, multi-year agreement
AOF - Q1 Improved Trading Performance & FY24 Guidance Maintained