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 ( 31/05/2021) $83,604,510
Fund Start Date 8 October 2007
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/05/2021) $217,404,105
Fund Start Date 28 October 2016
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/05/2021) $112,630,561
Fund Start Date 15 October 2007
Risk Indicator ( 31/05/2020)

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Fund Value ( 31/05/2021) $2,003,790
Fund Start Date 24 July 2012
Risk Indicator ( 31/05/2020)

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Returns and Fees

31 May 2021
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
0.03% 0.53% 1.18% 1.46%
Market Index Return
(reflects no deductions for charges and tax)
0.04% 0.30% 1.21% 1.56%
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 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% 0.60% 1.25%
Market Index Return
(reflects no deductions for charges and tax)
0.04% 0.30% 1.21%
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 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% 0.60% 1.26% 1.54%
Market Index Return
(reflects no deductions for charges and tax)
0.04% 0.30% 1.21% 1.56%
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).
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)
0.02% 0.51% 1.15% 1.43%
Market Index Return
(reflects no deductions for charges and tax)
0.04% 0.30% 1.21% 1.56%
Fee Amount
Fund Charges 0.63% 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.

Fund Investments

31 May 2021

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 88.57%
Bank of China Ltd 03/10/23 4.34% TD Cash and cash equivalents 10.29%
ANZ Current Account Cash and cash equivalents 1.14%

Sector

30 April 2021
Sector%Relative Weighting
New Zealand banks 69.09%
Corporates & SOEs 25.24%
Local authority 5.67%

Portfolio Characteristics

30 April 2021
Duration 86 days
Current Yield 0.90%

Credit Allocation

30 April 2021
Credit Allocation%Relative Weighting
AAA 0.41%
AA- to AA+ 55.16%
A- to A+ 33.19%
BBB- to BBB+ 11.24%
BB+ and lower, settlements 0.00%

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