Sharechat Logo

Super fund posts 0.41% return in March

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.



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

ArborGen Holdings Limited (NZX: ARB) Updates Market on FY22 Guidance
My Food Bag Group Limited (NZX: MFB) Q3 FY22 Trading Update
ikeGPS Group Limited (NZX: IKE) signs $0.9m deal with tier-1 electric utility
Tower Limited (NZX: TWR) Update on Tonga Volcanic Eruption and Tsunami Event
21st January 2022 Morning Report
Trade Window Holdings Limited (NZX: TWL) TradeWindow and Mastercard teams up
Genesis Energy Limited (NZX: GNE) FY22 Q2 Performance Report
Seeka Limited (NZX: SEK) Seeka announces dividend of 13 cents per share
20th January 2022 Morning Report
Z Energy Limited (NZX: ZEL) Q3FY33 Operating Data