New Zealand Superannuation and Retirement Income Act 2001

Investment of Fund

58 Investment of Fund


The Guardians are responsible for investing the Fund.


The Guardians must invest the Fund on a prudent, commercial basis and, in doing so, must manage and administer the Fund in a manner consistent with—


best-practice portfolio management; and


maximising return without undue risk to the Fund as a whole; and


avoiding prejudice to New Zealand’s reputation as a responsible member of the world community.