NZ Super down by 11%

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NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.

The fund's value declined to NZ$16.6bn ($13.2bn) from the $19.03bn reported at then end of June, the end of the fund's fiscal year. In September alone, the fund was down 3.67% due to the ongoing decline...

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