23.09.2010 - NZ Superfund has negative return in Aug
From Smh.com.au: The New Zealand Superannuation Fund's 60 per cent exposure to global equities has cost it in August, helping produce a $NZ230 million ($A177.7 million) loss in the month. The fund made a negative return of 1.37 per cent in August compared to a positive 4.76 per cent return in July. It has made a 5.85 per cent annualised return since inception in the 2003/04 year..............................................Full Article: Source
Print