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NZ Superfund return positive in April

The New Zealand Superannuation Fund returned 0.76 percent in April, down from 4.29 percent in March.The year-to-date return is 23.2 percent and the return since inception is 6.68 percent. The fund has $16.71 billion invested.The New Zealand Superfund was

NZPA
Wed, 19 May 2010

The New Zealand Superannuation Fund returned 0.76 percent in April, down from 4.29 percent in March.

The year-to-date return is 23.2 percent and the return since inception is 6.68 percent. The fund has $16.71 billion invested.

The New Zealand Superfund was set up to pre-fund the future cost of New Zealand superannuation by investing government contributions and returns on the contributions for the long term.

NZPA
Wed, 19 May 2010
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NZ Superfund return positive in April
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