Kingfish has reported a gross performance return of 2.3% and an adjusted net asset value (NAV) return of 1.9% for the June quarter.
This compares to a return of 2.7% for the S&P/NZX50G benchmark index.
The company attributed the New Zealand market's resilience during global volatility to its composition, which has a larger exposure to utilities, property, telecommunications, and healthcare companies.
These sectors, which tend to be less volatile during geopolitical shocks, accounted for about 65% of the NZ market and 60% of Kingfish's portfolio at the end of the quarter.
Kingfish's largest positions, including Mainfreight, Fisher & Paykel Healthcare, and Infratil, contributed to its overall performance.
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