Smartshares Limited
Australian Financials Fund
SuperLife KiwiSaver SchemeAggressive
What the provider says about this fund
Invests in Australian shares and is designed to track the return (before tax, fees and other expenses) of the S&P/ASX 200 Financials Ex-A-REIT Index.
1-year return
25.08%
5-year return p.a.
14.01%
Total annual fee
0.69%
Fund size ($m)
15.5
Members
1,003
Inception date
21 September 2015
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
99.92%
Income assets
0.08%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 99.92% | 100.00% | 28.28% |
| Cash and equivalents | 0.08% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 0.00% | 0.00% | 59.89% |
| Listed property | 0.00% | 0.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 0.17% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Commonwealth Bank of Australia | Shares | Australasian Equities | AU | 31.58% |
| 2 | Westpac Banking Corp | Shares | Australasian Equities | AU | 15.19% |
| 3 | National Australia Bank Ltd | Shares | Australasian Equities | AU | 14.31% |
| 4 | ANZ Group Holdings Ltd | Shares | Australasian Equities | AU | 12.20% |
| 5 | Macquarie Group Ltd | Shares | Australasian Equities | AU | 8.06% |
| 6 | QBE Insurance Group Ltd | Shares | Australasian Equities | AU | 3.60% |
| 7 | Suncorp Group Ltd | Shares | Australasian Equities | AU | 1.97% |
| 8 | Insurance Australia Group Ltd | Shares | Australasian Equities | AU | 1.95% |
| 9 | Washington H Soul Pattinson & Co Ltd | Shares | Australasian Equities | AU | 1.62% |
| 10 | Medibank Pvt Ltd | Shares | Australasian Equities | AU | 1.35% |
Fees
0.69% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.56% | $168 | 0.71% |
| Other fees | 0.03% | $9 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.69% | $207 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 25.38% | 11.18% |
| 31 March 2018 | -11.61% | 6.93% |
| 31 March 2019 | -1.89% | 9.96% |
| 31 March 2020 | -22.87% | -6.59% |
| 31 March 2021 | 52.24% | 35.19% |
| 31 March 2022 | 14.47% | 3.36% |
| 31 March 2023 | -8.08% | -4.50% |
| 31 March 2024 | 27.55% | 16.43% |
| 31 March 2025 | 14.74% | 4.58% |
| 31 March 2026 | 25.08% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Alister John Williams | Director - Smart | 10 years, 4 months |
| Jon Raby | Director - Smart | 5 months |
| Lisa Turnbull | Chief Executive Officer - Smart | 6 months |
| Stuart Kenneth Reginald Millar | Chief Investment Officer - Smart | 6 years, 10 months |