SuperLife SMT Moderate Fund

Objective

Aims to provide moderate total returns allowing for moderate movements of value up and down. The number of years with negative returns are generally expected to be higher than the NZ Cash Fund but lower than the Balanced Fund. The fund provides a more conservative investment option compared to the Balanced Fund, with a mix of 40% growth assets (such as shares and listed infrastructure) and 60% income assets (such as bonds and cash).

Fund Facts

Asset Class	Multi-asset class
Geographic Focus	Global
Market Index	The market index for the fund is a composite index. This is calculated by multiplying the index return for each asset class by the target asset allocation weights for each asset class.

SuperLife Superannuation Master Trust

Fund Value ( 31/12/2025)	$193,006,116
Fund Start Date	1 July 2001
Risk Indicator ( 30/06/2025)	Lower risk Higher risk 1 2 3 4 5 6 7 Potentially lower return Potentially higher return

Returns and Fees

31 December 2025

SuperLife Superannuation Master Trust

	Last month	Last year	3 years (p.a.)	5 years (p.a.)
Return (after deductions for charges and tax)	0.25%	6.64%	8.21%	3.58%
Market Index Return (reflects no deductions for charges and tax)	-0.02%	8.30%	9.37%	4.30%

Fee	Amount
Administration fee	An administration fee may apply. If you are an ordinary member, you may pay an administration fee of up to 0.50% of the daily average balance of your account. If you are a specified member, the administration fee you pay (if anything) will depend on what has been agreed with your employer – please consult your employer for more information.

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.