Fund Facts
| Asset Class | Multi-asset class |
|---|---|
| Geographic Focus | International |
| Market Index | The market index for the age step is a composite index. It is made up of the indices used to measure the performance of the assets that the age step invests in. The market index return for the age step is calculated using the weighted average annual return of the market indices used to measure the performance of the assets that the age step invests in. This is calculated by multiplying the index return for each asset class by the target asset allocation weights for each asset class |
| Fund Value ( 31/08/2020) | $499,017,121 |
|---|---|
| Fund Start Date | 15 September 2013 |
| Risk Indicator ( 31/05/2020) |
Lower risk Higher risk Potentially lower return Potentially higher return |
| Fund Value ( 31/08/2020) | $12,521,884 |
|---|---|
| Fund Start Date | 28 October 2016 |
| Risk Indicator ( 31/05/2020) |
Lower risk Higher risk Potentially lower return Potentially higher return |
| Fund Value ( 31/08/2020) | $52,063,580 |
|---|---|
| Fund Start Date | 15 September 2013 |
| Risk Indicator ( 31/05/2020) |
Lower risk Higher risk Potentially lower return Potentially higher return |
| Fund Value ( 31/08/2020) | $8,573,694 |
|---|---|
| Fund Start Date | 15 September 2013 |
| Risk Indicator ( 31/05/2020) |
Lower risk Higher risk Potentially lower return Potentially higher return |
Returns and Fees
31 August 2020| Last month | Last year | 3 years (p.a.) | 5 years (p.a.) | |
|---|---|---|---|---|
|
Return (after deductions for charges and tax) |
3.05% | 1.94% | 5.31% | 6.20% |
|
Market Index Return (reflects no deductions for charges and tax) |
3.81% | 8.08% | 8.99% | 9.40% |
| Fee | Amount |
|---|---|
| Fund Charges | 0.62% per annum of fund's net value. |
| Administration fee | $30 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). The administration fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The gross fee is calculated using your PIR. |
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower.
If you are a SuperLife investor, you can log in to see how your investments have performed.
| Last month | Last year | 3 years (p.a.) | 5 years (p.a.) | |
|---|---|---|---|---|
|
Return (after deductions for charges and tax) |
3.00% | 1.98% | 5.37% | |
|
Market Index Return (reflects no deductions for charges and tax) |
3.81% | 8.08% | 8.99% |
| Fee | Amount |
|---|---|
| Fund Charges | 0.52% per annum of fund's net value. |
| Administration fee | $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options).The administration fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The relevant gross fee is calculated using your PIR. |
| Paper statements fee | $18 a year (you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form). The paper statements fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The relevant gross fee is calculated using your PIR. |
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower.
If you are a SuperLife investor, you can log in to see how your investments have performed.
| Last month | Last year | 3 years (p.a.) | 5 years (p.a.) | |
|---|---|---|---|---|
|
Return (after deductions for charges and tax) |
3.00% | 1.93% | 5.36% | 6.28% |
|
Market Index Return (reflects no deductions for charges and tax) |
3.81% | 8.08% | 8.99% | 9.40% |
| Fee | Amount |
|---|---|
| Fund Charges | 0.52% per annum of fund's net value. |
| Administration fee | $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). The administration fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The relevant gross fee is calculated using your PIR. |
| Paper statements fee | $18 a year (you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form). The paper statements fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The relevant gross fee is calculated using your PIR. |
| Transfer fee | $50 for each transfer (you will only be charged this fee if the PDS Supplement for your employer allows you to transfer money from your accounts to a KiwiSaver scheme and the transfer is to a KiwiSaver scheme other than the SuperLife KiwiSaver scheme). The transfer fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The relevant gross fee is calculated using your PIR. |
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower.
If you are a SuperLife investor, you can log in to see how your investments have performed.
| Last month | Last year | 3 years (p.a.) | 5 years (p.a.) | |
|---|---|---|---|---|
|
Return (after deductions for charges and tax) |
3.05% | 2.11% | 5.35% | 6.22% |
|
Market Index Return (reflects no deductions for charges and tax) |
3.81% | 8.08% | 8.99% | 9.40% |
| Fee | Amount |
|---|---|
| Fund Charges | 0.63% per annum of fund's net value. |
| Administration fee | $60 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). The administration fee is stated net of an income tax deduction applied in calculating your PIE tax payable (the deduction is paid to us). The gross fee is calculated using a 28% tax rate. |
| Entry fee | 1% of the amount transferred or $500 (whichever is greater). You will be charged this fee when you transfer money into the Scheme from a UK pension scheme or another ROPS. |
| Exit fee | 1% of the amount transferred or $500 (whichever is greater). You will be charged this fee if you transfer your investment from the Scheme to a UK pension scheme or another ROPS. |
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower.
If you are a SuperLife investor, you can log in to see how your investments have performed.
Top 10 Fund Investments
31 August 2020
SuperLife Age Steps invests in the SuperLife High Growth and SuperLife Income managed funds. As an investor’s age increases, the proportion of investments in SuperLife High Growth is reduced (and proportion in SuperLife Income increases). To view the top 10 individual holdings of the underlying funds, download the latest fund update at the top of this page.
| Name | Type | % |
|---|---|---|
| Smartshares NZ Top 50 ETF | Australasian equities | 13.74% |
| Smartshares US 500 ETF | International equities | 8.56% |
| Smartshares Europe ETF | International equities | 7.58% |
| Vanguard International Credit Securities Index Fund Hedged | International fixed interest | 6.46% |
| Smartshares Emerging Markets ETF | International equities | 6.24% |
| Smartshares NZ Bond ETF | New Zealand fixed interest | 5.75% |
| Smartshares Asia Pacific ETF | International equities | 4.98% |
| Smartshares Global Bond ETF | International fixed interest | 4.82% |
| Smartshares US Mid Cap ETF | International equities | 4.35% |
| Smartshares US Large Value ETF | International equities | 4.34% |
Geography
31 August 2020| Country | % | Relative Weighting |
|---|---|---|
| United States | 33.29% | |
| New Zealand | 24.82% | |
| Australia | 8.50% | |
| Japan | 5.99% | |
| China | 3.98% | |
| United Kingdom | 3.17% | |
| France | 2.44% | |
| Germany | 2.43% | |
| Switzerland | 1.76% | |
| Taiwan | 1.30% |
