News

Govt Super Fund earns 11.3%

Friday 23rd of September 2005

The net assets of the fund, not to be confused with the New Zealand Superannuation Fund, grew from $3.37 billion to $3.52 billion, an increase of $148 million.

The fund's after-tax return was 7.38% which compares with the median benchmark return of 7.92% measured by the Watson Wyatt Investment Performance survey.

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