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Chorus debuts in Super Fund top 10

Chorus has nudged Infratil out of the Super Fund's top 10 locally-listed investments, while French oil company Total entered the fund's top 10 overseas holdings.

Chorus has nudged Infratil out of the Super Fund's top 10 locally-listed investments, while French oil company Total entered the fund's top 10 overseas holdings.

The Super Fund now holds $37.3 million in Chorus shares as at November 30, or 0.2 percent of the fund’s total value. 

Its largest New Zealand investment is in Auckland International Airport (1.8 percent). Other major holdings include Telecom, Fletcher Building, Contact Energy, Sky and Fisher & Paykel Healthcare.

The fund closed at $17.6 billion on November 30, down from a high of $19 billion at the end of the last financial year. It lost 0.5 percent in November with global markets weakening, and has lost 5.7 percent in the latest financial year.

It has around 59 percent of its assets in global equities, followed by 10 percent in infrastructure investments and 7.5 percent in timber.

The rest of its holdings are distributed among fixed income investments, property, New Zealand stocks and other private markets.

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