Covid-hit NZ Super Fund posts 1.73% return for the year, warns of difficult times

New Zealand Superannuation Fund (NZ Super Fund), the country’s sovereign wealth fund, managed to post a positive return of 1.73 per cent for the year ended June 30, 2020 despite the COVID pandemic. The size of the fund stood at NZ$44.8 billion ($30 billion) at the end of the financial year.