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
$46
14.9
Jo Townsend
Brad Dunstan, William Goodwin
John Williamson
50% Listed Equities
21% Fixed Income
7% Liquid Alternatives
5% Infrastructure
5% Rural & Timber
5% Property
4% Other
3% Private Property
Asset allocation as of June 30, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website