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Sovereign Wealth Funds Briefing - Categorized | Performance

New Zealand Superannuation Fund booked $845.2 mln loss in May

Posted on 18 June 2010

From Topnews.net.nz: A loss of $845.2 million was booked by New Zealand Superannuation Fund in the last month, which is just below 5% of its total value. This happened due to global equities taking a hit amidst international economic disorder.
Irrespective of the negative 4.8% return for the month, the year-to-date returns were 17.6%. About $15.86 billion have been invested in the fund and an annual return of 5.81% has been produced since its inception in September2003…………………………………………..Full Article: Source

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