Invested in New Zealand Kaingākau ana ki Aotearoa
and the world me te ao
scroll

Fund Size

$35,373,065,000
(after costs, before NZ tax)

2016/17 Return

20.71%
(after costs, before NZ tax)

Increase in fund size 2016/17

$5.27b
(before NZ tax)

Value added in 2016/17

$1.28b
(vs reference portfolio, after costs)

Value added

$6.25b
(since inception)

Fund ReturnsAs at 30 June 2017

1 Year 10 Years Since Inception

Actual Fund Return (after costs, before NZ tax)

20.71%
8.63% p.a.
10.22% p.a.

Value added by guardians (compared to passive Reference Portfolio benchmark)

4.37%
1.69% p.a.
1.45% p.a.

Net return (returns over and above the Treasury Bill return – the Government's marginal cost of debt)

18.88%
5.23% p.a.
5.99% p.a.

We invest locally and globally to deliver greater certainty for New Zealanders in their retirement.

Ka haumi pūtea mātou i te motu me te ao, e māoriori ake ai te noho a ngā tāngata o Aotearoa hei te ahungaruatanga.

2016/17 Major Achievements:

  • Climate change – finalised and implemented the first stage of our strategy to deal with the risks and opportunities associated with climate change.
  • Collateral optimisation - implemented a securities lending programme to generate returns and help manage collateral in the most efficient manner possible.
  • Concentrated portfolio – investigated the use of a concentrated portfolio to implement the Fund’s passive global equities allocation.

Priorities for 2017/18:

  • Generating domestic proprietary deal flow – progress development of the domestic Investment Hub to help drive direct investment opportunities in New Zealand.
  • Climate change – continue implementation of the strategy to make the Fund more resilient to the risks posed by climate change.
  • Data management – build a single multi-purpose data warehouse to implement our target information architecture and support end-user data queries and analytics; improve our data governance to ensure our key portfolio and market data remains well-governed, defined and understood.

We welcome feedback to help us improve our reporting. Comments can be directed to enquiries@nzsuperfund.co.nz.

Download our full Annual Report (PDF 4,561KB)