NZ Super 80/20
The 80% growth and 20% fixed income reference portfolio of New Zealand’s superannuation fund. US stocks and Treasuries stand in for its global holdings.
What it holds
| Asset | Share |
|---|---|
| US stocks, whole market | 80% |
| US 10-year Treasury bonds | 20% |
How it did, 1926-07 to 2026-09
6.5%
Per year after inflation (9.7% before)
14.7%
Volatility
-65%
Worst drop, 1929 to 1932
3.73%
Safe withdrawal rate over 30 years, 4.34% over 20
Best and worst calendar years
| Best | Return |
|---|---|
| 1933 | +50.9% |
| 1954 | +39.8% |
| 1935 | +36.4% |
| 1995 | +34.3% |
| 1958 | +33.6% |
| Worst | Return |
|---|---|
| 1931 | −34.9% |
| 1937 | −27.7% |
| 2008 | −26.9% |
| 1930 | −22.4% |
| 1974 | −21.7% |
Open in the backtest tool Test a withdrawal rate
US dollars, rebalanced yearly, before tax and fund costs. Past results are not a promise about the future, and nothing here is investment advice.