SuperLife

SuperLife Age Steps
Age 80

 

Objective

SuperLife Age Steps automatically sets the proportion of your investment in income and growth assets based on your age. As you get older, the proportion of your investment in more volatile growth assets will be reduced, lowering the expected size of the ups and downs in the value of your investment. This option may be suitable if you are saving for retirement (assumed to be age 65), and assumes you will continue to invest your savings and spend them over your retirement period.

SuperLife Age Steps – Age 80 invests 10% in growth assets and 90% in income assets.

Latest Quarterly Fund Updates

View

Click here to view all previous fund updates

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 ( 31/10/2019) $491,944,990
Fund Start Date 15 September 2013
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Fund Value ( 31/10/2019) $10,391,630
Fund Start Date 28 October 2016
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Fund Value ( 31/10/2019) $51,145,913
Fund Start Date 15 September 2013
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Fund Value ( 31/10/2019) $8,368,089
Fund Start Date 15 September 2013
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

 

Returns and Fees

31 October 2019
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
-0.03% 5.33% 3.43% 3.53%
Market Index Return
(reflects no deductions for charges and tax)
-0.09% 7.58% 4.63% 4.90%
Fee Amount
Fund Charges 0.56% 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 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)
-0.03% 5.39% 3.49%
Market Index Return
(reflects no deductions for charges and tax)
-0.09% 7.58% 4.63%
Fee Amount
Fund Charges 0.46% 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).
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 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)
-0.03% 5.40% 3.50% 3.62%
Market Index Return
(reflects no deductions for charges and tax)
-0.09% 7.58% 4.63% 4.90%
Fee Amount
Fund Charges 0.46% 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).
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).
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 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)
-0.03% 5.29% 3.23% 3.43%
Market Index Return
(reflects no deductions for charges and tax)
-0.09% 7.58% 4.63% 4.90%
Fee Amount
Fund Charges 0.57% 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).
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 October 2019

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.

NameType%
Smartshares NZ Bond Fund New Zealand fixed interest 20.61%
Vanguard International Credit Securities Index Fund Hedged International fixed interest 18.83%
Smartshares Global Bond Fund International fixed interest 15.01%
Smartshares Aggregate Bond Fund International fixed interest 4.41%
Smartshares NZ Top 50 Fund Australasian equities 1.67%
Westpac Current Account Cash and cash equivalents 1.61%
Vanguard International Property Securities Index Fund Hedged Listed property 0.39%
Smartshares NZ Property Fund Listed property 0.20%
Smartshares Australian Property Fund Listed property 0.19%
Foreign exchange hedging contract Other -0.06%

Geography

30 September 2019
Country%Relative Weighting
New Zealand 52.80%
United States 17.68%
Japan 4.48%
United Kingdom 3.62%
Germany 2.39%
France 2.09%
Canada 1.96%
Australia 1.66%
Spain 1.37%
Netherlands 1.12%

Start Investing Now

Combine your KiwiSaver with low fees and a passive investment strategy.

Join or transfer

Smartshares

Why try to pick stocks when you can own the whole index? SuperLife lets you access the full range of Smartshares Exchange Traded Funds (ETFs).

View SuperLife's funds