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

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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 ( 31/03/2021) $558,498,561
Fund Start Date 15 September 2013
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/03/2021) $15,189,498
Fund Start Date 28 October 2016
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/03/2021) $60,909,443
Fund Start Date 15 September 2013
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/03/2021) $9,710,034
Fund Start Date 15 September 2013
Risk Indicator ( 31/05/2020)

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Returns and Fees

31 March 2021
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
0.45% 5.62% 3.10% 3.11%
Market Index Return
(reflects no deductions for charges and tax)
0.27% 5.76% 4.22% 4.15%
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)
0.45% 5.66% 3.15%
Market Index Return
(reflects no deductions for charges and tax)
0.27% 5.76% 4.22%
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).
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)
0.46% 5.68% 3.17% 3.18%
Market Index Return
(reflects no deductions for charges and tax)
0.27% 5.76% 4.22% 4.15%
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).
Transfer fee You will only be charged this fee if you transfer money from your member account to a KiwiSaver scheme and the transfer is to a KiwiSaver scheme other than the SuperLife KiwiSaver scheme. The fee is $50 for each transfer.
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)
0.45% 5.64% 3.08% 3.00%
Market Index Return
(reflects no deductions for charges and tax)
0.27% 5.76% 4.22% 4.15%
Fee Amount
Fund Charges 0.67% 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 You will be charged this fee when you transfer money into the SuperLife UK pension transfer scheme from a UK pension scheme or Recognised Overseas Pension Scheme (ROPS). The fee is $500.
Exit fee You will be charged this fee if you transfer your investment from the SuperLife UK pension transfer scheme to a UK pension scheme or another ROPS. The fee is 1.00% of the amount transferred or $500 (whichever is greater).
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

28 February 2021

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 Cash ETF Cash and cash equivalents 28.69%
Vanguard International Credit Securities Index Fund Hedged International fixed interest 19.47%
Smartshares NZ Bond ETF New Zealand fixed interest 16.49%
Smartshares Global Bond ETF International fixed interest 14.61%
Smartshares Global Aggregate Bond ETF International fixed interest 4.87%
Bank of China Ltd 03/10/23 4.34% TD Cash and cash equivalents 2.96%
Smartshares S&P/NZX NZ Government Bond ETF New Zealand fixed interest 2.03%
Smartshares NZ Top 50 ETF Australasian equities 1.61%
Smartshares US 500 ETF International equities 1.04%
Smartshares Europe ETF International equities 0.96%

Geography

28 February 2021
Country%Relative Weighting
New Zealand 52.93%
United States 16.82%
Japan 4.63%
United Kingdom 3.41%
Germany 2.33%
China 2.31%
France 2.18%
Canada 1.97%
Australia 1.80%
Spain 0.93%

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