New Zealand Superannuation Fund

E1032574

The New Zealand Superannuation Fund is a sovereign wealth fund established by the New Zealand government to help pre-fund the future cost of public pensions.

All labels observed (4)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf public pension reserve fund
sovereign wealth fund
alsoKnownAs Cullen Fund
NZ Super Fund
New Zealand Super Fund
assetClasses alternative investments
fixed income
global equities
infrastructure
private equity
property
timber and rural land
beneficiary New Zealand Government
country New Zealand
currency New Zealand dollar
establishedBy Government of New Zealand
exclusionPolicy excludes certain companies for responsible investment reasons
followsPrinciples environmental, social and governance integration
responsible investment
fundingSource New Zealand Government contributions
investment returns
fundType pre-funding mechanism for public pensions
governanceModel Crown entity with independent board
headquartersCountry New Zealand
headquartersLocation Auckland
inception 2001
investmentHorizon long-term
investmentObjective to exceed the risk-free rate by a margin over rolling 20-year periods
to maximize returns without undue risk to the Fund as a whole
investmentStrategy active management
diversified global portfolio
long-term risk premia harvesting
jurisdiction New Zealand
legalBasis New Zealand Superannuation and Retirement Income Act 2001
managingOrganization Guardians of New Zealand Superannuation
namedAfter Michael Cullen
owner Crown
purpose to help pre-fund the future cost of New Zealand Superannuation
to smooth the fiscal impact of an ageing population on public pension costs
relatedTo New Zealand Superannuation
New Zealand Superannuation and Retirement Income Act 2001
reportingRequirement annual report to Parliament
sector public finance
startOfOperations 2003
supervisedBy New Zealand Parliament
ultimateBeneficiary future New Zealand taxpayers
website https://www.nzsuperfund.nz
withdrawalPurpose to help meet future New Zealand Superannuation payments

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Adrian Orr previousEmployer New Zealand Superannuation Fund
Fifth Labour Government of New Zealand introducedPolicy New Zealand Superannuation Fund
New Zealand Superannuation Fund alsoKnownAs NZ Super Fund
linked to: New Zealand Superannuation Fund
New Zealand Superannuation Fund alsoKnownAs New Zealand Super Fund
linked to: New Zealand Superannuation Fund
New Zealand Superannuation Fund managingOrganization Guardians of New Zealand Superannuation
linked to: New Zealand Superannuation Fund