SuperLife

NZ Cash Fund

 

Objective

The NZ Cash Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on the New Zealand cash market.

 

Latest Quarterly Fund Updates

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Fund Facts

Asset Class Single asset class - Cash and cash equivalents
Geographic Focus New Zealand
Market Index S&P/NZX Bank Bills 90-Day Total Return Index

Fund Value ( 31/05/2024) $68,482,012
Fund Start Date 8 October 2007
Risk Indicator ( 28/03/2024)

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Fund Value ( 31/05/2024) $243,567,779
Fund Start Date 28 October 2016
Risk Indicator ( 28/03/2024)

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Fund Value ( 31/05/2024) $106,118,155
Fund Start Date 15 October 2007
Risk Indicator ( 28/03/2024)

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Fund Value ( 31/05/2024) $4,071,695
Fund Start Date 24 July 2012
Risk Indicator ( 28/03/2024)

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Returns and Fees

31 May 2024
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
0.40% 3.83% 2.33% 1.76%
Market Index Return
(reflects no deductions for charges and tax)
0.48% 5.80% 3.41% 2.36%
Fee Amount
Fund Charges (estimate) 0.52% 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). You do not pay the fee if you have all your money invested in the SuperLife Default Fund.
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)
0.41% 3.91% 2.35% 1.79%
Market Index Return
(reflects no deductions for charges and tax)
0.48% 5.80% 3.41% 2.36%
Fee Amount
Fund Charges (estimate) 0.42% 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)
0.40% 3.83% 2.36% 1.81%
Market Index Return
(reflects no deductions for charges and tax)
0.48% 5.80% 3.41% 2.36%
Fee Amount
Fund Charges (estimate) 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).
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)
0.39% 3.68% 2.21% 1.68%
Market Index Return
(reflects no deductions for charges and tax)
0.48% 5.80% 3.41% 2.36%
Fee Amount
Fund Charges (estimate) 0.73% 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 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.

Fund Investments

30 April 2024

The sector funds invest in the Smartshares Exchange Traded Funds, managed investment products managed by third parties or directly held financial products (such as shares). 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 98.78%
NZD Cash Account (ANZ Bank) Cash and cash equivalents 1.24%
Net Current Assets Cash and cash equivalents -0.03%

Sector

30 April 2024
Sector%Relative Weighting
New Zealand banks 65.97%
Corporates & SOEs 21.79%
Local authority 6.18%
New Zealand Government 3.67%

Portfolio Characteristics

30 April 2024
Duration 0.3
Current Yield 6.01%

Credit Allocation

30 April 2024
Credit Allocation%Relative Weighting
AAA 11.04%
AA- to AA+ 49.20%
A- to A+ 30.93%
BBB- to BBB+ 10.21%
BB+ and lower, settlements 0.00%

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