Overseas Non-government Bonds Fund

Asset Class	Single asset class - International fixed interest
Geographic Focus	International
Market Index	Bloomberg Barclays Global Aggregate Government-related and Corporate Index (100% hedged to the New Zealand dollar)

Fund Value ( 31/08/2020)	$17,321,651
Fund Start Date	24 October 2007
Risk Indicator ( 31/05/2020)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Fund Value ( 31/08/2020)	$57,262,202
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 ( 31/08/2020)	$36,340,191
Fund Start Date	15 October 2007
Risk Indicator ( 31/05/2020)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Fund Value ( 31/08/2020)	$309,295
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

31 August 2020

	Last month	Last year	3 years (p.a.)	5 years (p.a.)
Return (after deductions for charges and tax)	-0.66%	1.75%	3.01%	3.28%
Market Index Return (reflects no deductions for charges and tax)	-0.82%	3.14%	4.74%	5.18%

Fee	Amount
Fund Charges	0.54% 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)	-0.64%	1.84%	3.07%
Market Index Return (reflects no deductions for charges and tax)	-0.82%	3.14%	4.74%

Fee	Amount
Fund Charges	0.44% 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)	-0.66%	1.82%	3.07%	3.39%
Market Index Return (reflects no deductions for charges and tax)	-0.82%	3.14%	4.74%	5.18%

Fee	Amount
Fund Charges	0.44% 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)	-0.66%	1.70%	2.96%	3.30%
Market Index Return (reflects no deductions for charges and tax)	-0.82%	3.14%	4.74%	5.18%

Fee	Amount
Fund Charges	0.55% 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.

31 August 2020

Name	Type	%
Vanguard International Credit Securities Index Fund Hedged	International fixed interest	97.89%
Westpac Current Account	Cash and cash equivalents	1.76%
Foreign exchange hedging contract	Other	0.35%

Geography

31 August 2020

Country	%	Relative Weighting
United States	37.60%
Canada	8.00%
Germany	7.70%
France	6.40%
United Kingdom	5.50%
Japan	3.90%
China	2.80%
Netherlands	2.40%
Australia	2.30%
Switzerland	1.50%

Portfolio Characteristics

31 August 2020

Duration	7.1 years
Current Yield	2.48%

Credit Allocation

31 August 2020

Credit Allocation	%	Relative Weighting
AAA	13.80%
AA- to AA+	16.40%
A- to A+	30.70%
BBB- to BBB+	36.20%
BB+ and lower, settlements	2.90%