PPS Investments These provide a convenient way to invest in a wide range of investments. The 14 different funds are selected by a New Zealand committee of financial advisers and administered by ING (NZ) Limited. PPS investments total about $1 billion and cover a wide range of fixed interest, shares and property. The funds include PPS NZ Equities (10.08% p.a.), Australian Equities (19.55% p.a.), International Equities (14.38% p.a.) and Property (12.98%). These returns tend to fluctuate depending on the economy and currency edging strategy within them. The per annum after tax return for the 3 years ended 30 September 2007 as shown above in brackets. Please click here for further information