NZ Super Fund yet to reach benchmark

The fund fell by 0.86% during the month, leaving its size at just over $19.2 billion with a return of 3.48% in the year to date.

It continued what has been a volatile year for the fund, with five negative months and five positive months and returns varying from 6.66% in October to -5.04% in August.

The fund has now returned 7.47% per year (after fees but before tax) since its ince...