© Guardians of New Zealand Superannuation
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Investing for New Zealand

NZD $60364044334

Find out more about the NZ Super Fund’s performance benchmarks and how it has performed since investing began in 2003. Monthly and annual data is provided.

NZ Super Fund Performance

NZ Super Fund explained

The NZ Super Fund will help pay the cost of universal pensions for future generations of New Zealanders.

About the Guardians

A growth investor

In keeping with its long-term investment horizon, the NZ Super Fund is weighted towards growth assets such as shares.

How we invest

Sustainable investment delivering strong returns for all New Zealanders

The NZ Super Fund and the Elevate NZ Venture Fund invest taxpayer money.

About the Guardians
at a glance
Rate of return P.A

9.5%

before nz tax, after costs
Value added

$13.5b

vs passive benchmark
Figures as at 31 October 2022
Purpose and mandate
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Transcript
NZS370 NZ Superfund AR2022 Website graphicv1 LR

Read our Annual Report

Hi, I’m Joe and I just turned eight.

I love playing with my Grandpa. Grandpa always has time to play with me.

He says that’s because he is retired and gets his ‘super’ or pension payments from the Government.

Mum says that the taxes she and dad pay go towards paying for Grandpa’s pension, and when they retire the Government will give them a pension too.

But by the time my parents and I retire, there will be a lot fewer working people for every person in retirement.

With fewer working people to pay taxes, the Government may need to increase taxes by a lot, to continue to make pension payments to all retired New Zealanders.

That’s where the NZ Super Fund comes in. By investing wisely today, the Fund is building a nest egg to help make pension payments more affordable for the Government and for future taxpayers like me and my friends.

Having this nest egg will help ensure we can retire and get a pension just like Grandpa does today.

NZ Super Fund. Investing today to help meet tomorrow’s retirement needs.

Latest news

View All

21 December 2022

NZ Super Fund and Copenhagen Infrastructure Partners welcome public involvement in designing the rules for potential offshore wind development
20 December 2022

New Zealand Superannuation Fund and Northern Trust Extend Longstanding Relationship
19 December 2022

NZ Super Fund invests US$100m in climate change mitigation and adaptation initiatives
19 December 2022

NZ Super Fund extends partnership and expansion plans with T&G

How we invest

Learn more about our investment beliefs and policies, reference portfolio approach to investing and process for appointing and monitoring external investment managers.

Responsible investment

We integrate environmental, social and governance factors into our investment process and ownership activities.

Investment performance

Find out how our investments are performing.

taranaki offshore wind

Taranaki Offshore Wind

The NZ Super Fund and Copenhagen Infrastructure Partners are excited to accelerate efforts to bring large scale offshore wind to South Taranaki – supporting New Zealand’s 2030 renewable energy ambitions, and a clean energy transition for the Taranaki region.

Photo looking down at ocean waves crashing against a shoreline onto golden sand

Climate change

We factor the risks and opportunities stemming from climate change into our investment strategies and ownership practices. Our goal is to make the NZ Super Fund more resilient to climate-related risk.

Photo of Milford Sound with clouds getting caught against the steep peaks of the mountains

Elevate NZ Venture Fund

In 2019 legislation passed by Parliament established a fifteen year venture capital fund, administered by the Guardians under a new mandate, run separately from the NZ Super Fund.

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The NZ Super Fund story

Created in 2001 after an extensive public and Parliamentary debate, the Fund is a way for New Zealand to save now in order to make future superannuation costs more affordable. It’s needed because New Zealand’s population is getting older.

We do not manage people’s private savings

The NZ Super Fund invests Government capital contributions, and the returns from those investments, to contribute to the Government's cost of paying superannuation entitlements in the future.

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