24 Sep 2010

Loss by Super Fund

6:06 am on 24 September 2010

The New Zealand Superannuation Fund made a loss of almost 1.4% in August, with the fund now worth more than $16.2 billion.

More than 60% of the fund is invested in global shares and a large fall in this market affected the fund, despite a rally in global fixed income markets.

The fund has made a return of 3.3% in the year to date.