Comments by Catherine Savage, Chair, and Adrian Orr, Chief Executive of the Guardians of New Zealand Superannuation, at the Finance and Expenditure Select Committee Catherine Savage, the Chair of the Guardians of New Zealand Superannuation, the Crown entity that manages the New Zealand Superannuation Fund, yesterday told the Finance and Expenditure Committee that the Fund’s strong performance had continued, with a 19.8% return for the 12 months to December 2017 (after costs, before NZ tax). With the Government resuming contributions in December, the Fund stood at $37.9 billion. It has returned 10.5% p.a.