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Heavy 70% equity weighting drives NZ Super's record return

Natalie Koh
The fund's 29.6% returns marked its best ever and exceeded its reference portfolio, which has 80% allocated to equities, by 1.73%.
Heavy 70% equity weighting drives NZ Super's record return

New Zealand Super fund reported record returns of 29.6% for its fiscal year that ended on June 30, largely attributed to its portfolio mix, which has nearly 70% of its assets allocated to listed equities.

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