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The New Zealand Superannuation Fund has released its performance and portfolio report for May 2016.

Key points:

Fund size as at 31 May 2016: $30.31b

May return: 1.70%

Last twelve months: 1.30%

Reference Portfolio return over the last twelve months: -0.73%

Return since inception: 9.57% p.a

Full May 2016 Report

Fund performance returns are unaudited and provided after costs, before New Zealand tax.