SuperLife Balanced Fund

Asset Class	Multi-asset class
Geographic Focus	International
Market Index	The market index for the fund is a composite index. It is made up of the indices used to measure the performance of the assets that the fund invests in. The market index return for the fund is calculated using the weighted average annual return of the market indices used to measure the performance of the assets that the fund 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 ( 30/06/2020)	$43,445,440
Fund Start Date	23 February 2009
Risk Indicator ( 31/05/2020)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Fund Value ( 30/06/2020)	$375,385,458
Fund Start Date	28 October 2016
Risk Indicator ( 31/05/2020)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Fund Value ( 30/06/2020)	$306,279,159
Fund Start Date	18 February 2009
Risk Indicator ( 31/05/2020)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Fund Value ( 30/06/2020)	$6,597,422
Fund Start Date	24 July 2012
Risk Indicator ( 31/05/2020)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Returns and Fees

30 June 2020

	Last month	Last year	3 years (p.a.)	5 years (p.a.)
Return (after deductions for charges and tax)	0.97%	-0.55%	3.92%	5.08%
Market Index Return (reflects no deductions for charges and tax)	1.31%	2.50%	6.79%	6.83%

Fee	Amount
Fund Charges	0.60% 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)	0.98%	-0.43%	4.01%
Market Index Return (reflects no deductions for charges and tax)	1.31%	2.50%	6.79%

Fee	Amount
Fund Charges	0.50% 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)	0.98%	-0.48%	4.00%	5.19%
Market Index Return (reflects no deductions for charges and tax)	1.31%	2.50%	6.79%	6.83%

Fee	Amount
Fund Charges	0.50% 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)	0.98%	-0.47%	3.94%	5.12%
Market Index Return (reflects no deductions for charges and tax)	1.31%	2.50%	6.79%	6.83%

Fee	Amount
Fund Charges	0.61% 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.

30 June 2020

Income	Current %	Target %	Range
Cash and cash equivalents	0.87%	1.00%	0-20%
New Zealand fixed interest	13.15%	13.00%	0-30%
International fixed interest	25.40%	26.00%	0-40%
Total	39.42%	40.00%
Growth	Current %	Target %	Range
Australasian equities	14.74%	14.50%	0-40%
International equities	38.09%	38.00%	0-50%
Listed property	7.75%	7.50%	0-20%
Total	60.58%	60.00%

30 June 2020

Name	Type	%
Vanguard International Credit Securities Index Fund Hedged	International fixed interest	12.90%
Smartshares NZ Bond Fund	New Zealand fixed interest	11.97%
Smartshares NZ Top 50 Fund	Australasian equities	10.52%
Smartshares Global Bond Fund	International fixed interest	9.02%
Smartshares US 500 Fund	International equities	6.42%
Smartshares Europe Fund	International equities	5.84%
Smartshares Emerging Markets Fund	International equities	4.48%
Smartshares Asia Pacific Fund	International equities	3.80%
Vanguard International Property Securities Index Fund Hedged	Listed property	3.77%
Smartshares Global Aggregate Bond ETF	International fixed interest	3.47%

Geography

30 June 2020

Country	%	Relative Weighting
United States	30.43%
New Zealand	27.00%
Australia	7.37%
Japan	6.10%
United Kingdom	4.19%
China	3.41%
Germany	2.64%
France	2.51%
Switzerland	1.55%
Canada	1.42%