Cullen Fund

To give credit where credit is due, the people appointed to be trustees of the NZ Superannuation Fund, or Cullen Fund, have done a magnificent job.

They have just achieved a 20% return on assets for the last financial year. God I wish I could transfer my private superannuation fund to be managed by the NZ Fund Guardians.

Of course they may just be having a lucky streak, but considering they have managed excellent returns for the last three years, that would be an ungenerous interpretation.