FUND SIZE

$39,368,884,000

(AFTER COSTS, BEFORE NZ TAX)

 

2017/18 RETURN

12.43%

(AFTER COSTS, BEFORE NZ TAX)

INCREASE IN FUND SIZE 2017/18

$4.0b

(BEFORE NZ TAX)

 

VALUE ADDED IN 2017/18

$0.7b

(VS REFERENCE PORTFOLIO BENCHMARK,
AFTER COSTS)

VALUE ADDED

$7.59b

(SINCE INCEPTION)

 

FUND RETURNS
As at 30 June 2018
 

ACTUAL FUND RETURN
(after costs, before NZ tax)

Actual Fund Return

 

NET RETURN
(returns over and above the Treasury Bill return – the Government’s marginal cost of debt)

Net Return

VALUE ADDED BY GUARDIANS
(compared to passive Reference Portfolio benchmark)

Value added by Guardians

 

FUND PERFORMANCE
Since Inception

Performance graph

OUR MISSION:

Maximise the Fund’s return over the long-term, without undue risk, so as to reduce future New Zealanders’ tax burden.

2017/17 MAJOR ACHIEVEMENTS:

  • Increased Fund size by NZD4b and added NZD703m over our passive benchmark, the Reference Portfolio.
  • Generating Domestic Deal Flow – Investment Hub helping create direct investment opportunities in New Zealand.
  • Climate Change – continued implementation of our strategy to make the Fund more resilient to the risks posed by climate change.
  • Strategic Engagement – built deep and broad strategic relationships across the Guardians, targeting key partners and stakeholders.

PRIORITIES FOR 2018/19:

  • Innovation and Disruption – strengthen our internal capabilities to source, execute and manage opportunities and threats from innovation and disruption.
  • Long Term Target State – develop our strategy to prepare the Guardians for future growth in the size of the Fund.
  • Cloud IT – shift the Guardians’ infrastructure to the Cloud and identify opportunities to use the Cloud to add value to the Fund.
Homepage 15 yearsll2

These days, the only thing certain is that there will be change.
Through all of this change, for the last fifteen years our role in preparing for New Zealand’s retirement has remained constant.

Homepage Constantll

We’re focused on the long-term, looking for investments that will deliver the best outcomes in 20 years and beyond. Often this means we can capitalise on potential others can’t take advantage of, and can invest in sectors and opportunities that others won’t.
Our unique endowments allow us to stay the course through times of change.

Homepage Changell

2017/18 was a significant year for the NZ Super Fund. New partnerships, new leadership, a dynamic investment environment and the resumption of Government contributions helped to reinforce our long-term mission: delivering greater certainty for New Zealanders in their retirement.