Smartshares Limited
Overseas Shares Fund
SuperLife KiwiSaver SchemeAggressive
What the provider says about this fund
Invests in international shares and is designed to track the return (before tax, fees and other expenses) of the MSCI World ex Australia Screened Index.
1-year return
14.12%
5-year return p.a.
11.53%
Total annual fee
0.68%
Fund size ($m)
34.8
Members
1,864
Inception date
24 October 2007
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
1
2
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7
Lower riskHigher risk
Investment mix
Growth assets
100.28%
Income assets
0.28%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 0.00% | 0.00% | 28.28% |
| Cash and equivalents | -0.28% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 100.28% | 100.00% | 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 | NVIDIA Corp | Shares | International Equities | US | 5.75% |
| 2 | Apple Inc | Shares | International Equities | US | 5.19% |
| 3 | Microsoft Corp | Shares | International Equities | US | 3.63% |
| 4 | Amazon.Com Inc | Shares | International Equities | US | 2.76% |
| 5 | Alphabet Inc Class A | Shares | International Equities | US | 2.28% |
| 6 | Alphabet Inc Class C | Shares | International Equities | US | 1.90% |
| 7 | Broadcom Inc | Shares | International Equities | US | 1.89% |
| 8 | Meta Platforms Inc | Shares | International Equities | US | 1.67% |
| 9 | Tesla Inc | Shares | International Equities | US | 1.44% |
| 10 | JPMorgan Chase & Co | Shares | International Equities | US | 1.10% |
Fees
0.68% 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 | 0.02% | $6 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.68% | $204 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 10.12% | 11.18% |
| 31 March 2018 | 8.03% | 6.93% |
| 31 March 2019 | 7.78% | 9.96% |
| 31 March 2020 | -2.23% | -6.59% |
| 31 March 2021 | 30.42% | 35.19% |
| 31 March 2022 | 6.74% | 3.36% |
| 31 March 2023 | 0.99% | -4.50% |
| 31 March 2024 | 29.17% | 16.43% |
| 31 March 2025 | 8.59% | 4.58% |
| 31 March 2026 | 14.12% | 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 |