FundRock NZ Limited

InvestNow Smart Growth Fund

InvestNow KiwiSaver SchemeGrowth

What the provider says about this fund

Provides exposure to a diversified fund that invests mainly in growth assets

1-year return

10.14%

5-year return p.a.

4.78%

Total annual fee

0.51%

Fund size ($m)

8.8

Members

618

Inception date

21 July 2021

The official Smart Investor risk indicator uses a scale from 1 to 7.

Lower riskHigher risk

Growth assets

80.04%

Income assets

19.96%

Asset class	Actual	Target	Average for Growth funds
Australasian shares	18.93%	19.00%	20.20%
Cash and equivalents	3.81%	4.00%	6.14%
Commodities	0.00%	0.00%	0.14%
International bonds	7.81%	8.00%	8.75%
International shares	52.37%	53.00%	51.02%
Listed property	4.08%	4.00%	3.65%
New Zealand bonds	8.34%	8.00%	7.35%
Unknown	0.00%	0.00%	0.00%
Unlisted property	0.00%	0.00%	0.70%

Rank	Asset	Asset class	Asset type	Country	% of fund
1	Superlife Growth Fund	Fund	Fund	NZ	100.00%

0.51% total annual fee

Fee type	Fee	Cost per year on a $30,000 balance	Average for Growth funds
Management fees	0.49%	$147	0.92%
Other fees	0.02%	$6	0.10%
Membership fees	0.00%	$0	0.05%
Total combined fees	0.51%	$153	1.07%

Name	Position	Time in role
Anthony Sowerby	Investment Committee Member	6 years
Jason Choy	Investment Committee Member	3 years, 8 months
Kimi David	Investment Committee Member	1 year, 1 month
Mike Heath	Investment Committee Member	6 years