The New Zealand Superannuation Fund invests money, on behalf of the New Zealand Government, to help pay for the increased cost of universal pension entitlements in the future. By doing this the Fund adds to Crown wealth, improves the ability of future Governments to pay for universal pensions, and ultimately reduces the tax burden on future New Zealanders. The fund has a large allocation to New Zealand
New Zealand
$34
-6.99
Matt Whineray
Stephen Gilmore
Catherine Drayton
48% Global Equities
21% Debt Securities
9% Alternatives
5% Private Equity
5% Rural and Timber
4% NZ Equities
4% Infrastructure
3% Property
Asset allocation as of June 30, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website