Super fund earns $340m in April
The $19 billion New Zealand Superannuation Fund returned 1.82 percent, or $340 million, for the month of April on the back of gains from equity investments, it said today.
The $19 billion New Zealand Superannuation Fund returned 1.82 percent, 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 percent for the full year to April, to be worth $19.15b. Sixty percent of the fund, or $11.5b is in global equities.
NZPA
Tue, 24 May 2011
Tue, 24 May 2011
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Super fund earns $340m in April
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