SuperLife

Overseas Non‑government Bonds Fund

 

Objective

The Overseas Non-government Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on international non-government bond markets of developed economies.

 

Latest Quarterly Fund Updates

View

Click here to view all previous fund updates

Fund Facts

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 ( 31/05/2019) $16,952,001
Fund Start Date 24 October 2007
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Fund Value ( 31/05/2019) $57,014,033
Fund Start Date 28 October 2016
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Fund Value ( 31/05/2019) $38,374,050
Fund Start Date 15 October 2007
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Fund Value ( 31/05/2019) $276,458
Fund Start Date 24 July 2012
Risk Indicator ( 30/09/2018)

Lower risk

Higher risk

1
2
3
4
5
6
7

Potentially lower return

Potentially higher return

Returns and Fees

31 May 2019
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
0.94% 4.47% 2.21% 2.77%
Market Index Return
(reflects no deductions for charges and tax)
0.95% 6.31% 4.08% 4.72%
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 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)
0.93% 4.52%
Market Index Return
(reflects no deductions for charges and tax)
0.95% 6.31%
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).
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 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)
0.94% 4.54% 2.29% 2.88%
Market Index Return
(reflects no deductions for charges and tax)
0.95% 6.31% 4.08% 4.72%
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).
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).
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 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)
0.93% 4.45% 2.22% 2.82%
Market Index Return
(reflects no deductions for charges and tax)
0.95% 6.31% 4.08% 4.72%
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).
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 May 2019

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%
Vanguard International Credit Securities Index Fund Hedged International fixed interest 100.25%
ASB NZD Current Account Cash and cash equivalents 0.04%
Foreign exchange hedging contract Other -0.30%

Geography

30 April 2019
Country%Relative Weighting
United States 37.70%
Germany 8.10%
Canada 7.90%
France 6.30%
United Kingdom 5.10%
Japan 4.80%
Australia 2.60%
China 2.60%
Netherlands 2.50%
Switzerland 1.50%

Portfolio Characteristics

30 April 2019
Duration 6.4 years
Current Yield 2.95%

Credit Allocation

30 April 2019
Credit Allocation%Relative Weighting
AAA 15.30%
AA- to AA+ 17.70%
A- to A+ 28.70%
BBB- to BBB+ 35.50%
BB+ and lower, settlements 2.80%

Start Investing Now

Combine your KiwiSaver with low fees and a passive investment strategy.

Join or transfer

Smartshares

Why try to pick stocks when you can own the whole index? SuperLife lets you access the full range of Smartshares Exchange Traded Funds (ETFs).

View SuperLife's funds