New Zealand Superannuation Fund Equity Listing As at 30 June 2013
C2 - Internal Use Only New Zealand Superannuation Fund Equity Listing as at 30 June 2013 Introductory Note: Section 58 of the New Zealand Superannuation and Retirement Income Act 2001 requires that the Guardians must invest the Fund on a prudent, commercial basis, and in a manner consistent with best-practice portfolio management. The Guardians have determined that this requires broad diversification of investments. The Fund’s investment strategy includes holding investments benchmarked to global market indices. On 30 June 2013, the Fund’s portfolio held over 6000 listed companies, providing diversification across most of the world’s countries and industries. The Table below sets out our direct exposure to listed companies, by country of exposure. Country of exposure is defined as location of the company's place of incorporation, except in the case of tax haven countries, where we instead look to the place of business for the headquarters of the global parent. The Fund also has exposure to markets through total return swaps linked to market indices and limited indirect exposure to companies through investment in pooled funds. As the Fund increases in value, the average size of each equity holding also tends to increase. Country Security Name Value in New Zealand Dollars Australia Abacus Property Group 29,687 Acrux Ltd 34,763 Adelaide Brighton Ltd 99,450 AGL Energy Ltd 2,005,135 Ainsworth Game Technology Ltd 85,294 ALS Ltd/Queensland 253,273 Alumina Ltd 220,503 Amcor Ltd/Australia 940,529 AMP Ltd 2,473,586 Ansell Ltd 169,943 APA Group 790,082
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