NZ Super Fund posts strong recovery, up 60.2% in May

NZ Super Fund posts strong recovery, up 60.2% in May

Auckland, New Zealand. Photo by Dan Freeman on Unsplash

After seeing its value dropped by NZ$13.4 billion ($9.4 billion) in a matter of weeks during the COVID-19 crisis in 2020, New Zealand Superannuation Fund (NZ Super Fund) announced that it has managed to stage a strong recovery this year.