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 Index

Fund Value ( 31/10/2020) $86,910,245
Fund Start Date 8 October 2007
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/10/2020) $243,587,296
Fund Start Date 28 October 2016
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/10/2020) $138,600,066
Fund Start Date 15 October 2007
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/10/2020) $2,540,885
Fund Start Date 24 July 2012
Risk Indicator ( 31/05/2020)

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Returns and Fees

31 October 2020
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
0.04% 0.83% 1.44% 1.65%
Market Index Return
(reflects no deductions for charges and tax)
0.03% 0.80% 1.52% 1.86%
Fee Amount
Fund Charges 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). 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)
0.05% 0.90% 1.52%
Market Index Return
(reflects no deductions for charges and tax)
0.03% 0.80% 1.52%
Fee Amount
Fund Charges 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 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)
0.05% 0.90% 1.52% 1.74%
Market Index Return
(reflects no deductions for charges and tax)
0.03% 0.80% 1.52% 1.86%
Fee Amount
Fund Charges 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 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)
0.04% 0.82% 1.39% 1.63%
Market Index Return
(reflects no deductions for charges and tax)
0.03% 0.80% 1.52% 1.86%
Fee Amount
Fund Charges 0.53% 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.

Fund Investments

31 October 2020

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 90.18%
Bank of China Ltd 03/10/23 4.34% TD Cash and cash equivalents 8.94%
Westpac Current Account Cash and cash equivalents 0.89%

Sector

31 October 2020
Sector%Relative Weighting
New Zealand banks 63.00%
Corporates & SOEs 24.00%
Local authority 10.00%
Government 3.00%

Portfolio Characteristics

31 October 2020
Duration 76 days
Current Yield 1.18%

Credit Allocation

31 October 2020
Credit Allocation%Relative Weighting
AAA 0.00%
AA- to AA+ 53.00%
A- to A+ 37.00%
BBB- to BBB+ 10.00%
BB+ and lower, settlements 0.00%

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