Wednesday 20th April 2011
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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.
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