INVESTMENT Investment Returns The CINSF recorded its highest return since its inception, with the Growth Fund declaring an 18.1% return to members. This return reflects the market recovery in early 2019 of the loss it accrued in late 2018, and a strong finish to the equity markets at the end of 2019.
14 | Cook Islands National Superannuation Fund | Annual Report 2019
The Conservative Fund, which represents the vast majority of our members and investment balances, also produced a solid 9.3% return to members, and the Balanced Fund that has a risk profile positioning it between the Conservative and Growth Funds, declared 14.4%.
