Smartshares Limited
SuperLife Balanced Fund
SuperLife KiwiSaver SchemeBalanced
What the provider says about this fund
Invests in a mix of income and growth assets and is designed for investors that want a balanced investment option. Negative annual returns may occur once in every 5-7 years on average.
1-year return
8.20%
5-year return p.a.
4.28%
Total annual fee
0.70%
Fund size ($m)
82.9
Members
1,405
Inception date
23 February 2009
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
60.27%
Income assets
39.73%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 13.85% | 14.00% | 13.93% |
| Cash and equivalents | 7.08% | 8.00% | 7.91% |
| Commodities | 0.00% | 0.00% | 0.17% |
| International bonds | 16.32% | 16.00% | 19.39% |
| International shares | 39.78% | 40.00% | 35.53% |
| Listed property | 3.04% | 3.00% | 2.24% |
| New Zealand bonds | 16.33% | 16.00% | 18.91% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.46% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | IShares Core FTSE Global Infrastructure AUD Hedged ETF | Other | Other | AU | 3.64% |
| 2 | Vanguard FTSE Emerging Markets ETF | Shares | International Equities | US | 3.54% |
| 3 | IShares Core FTSE Global Property ex Australia AUD Hedged ETF | Property | Listed Property | AU | 3.06% |
| 4 | NVIDIA Corp | Shares | International Equities | US | 2.07% |
| 5 | NZD Cash Account (ANZ Bank) | Cash | Cash and Cash Equivalents | NZ | 1.89% |
| 6 | Apple Inc | Shares | International Equities | US | 1.87% |
| 7 | Microsoft Corp | Shares | International Equities | US | 1.31% |
| 8 | Fisher & Paykel Healthcare Corp Ltd | Shares | Australasian Equities | NZ | 1.18% |
| 9 | Amazon.Com Inc | Shares | International Equities | US | 1.00% |
| 10 | NZ Government Bond 15/05/30 4.50% | Bonds | New Zealand Fixed Interest | NZ | 0.91% |
Fees
0.70% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 0.58% | $174 | 0.77% |
| Other fees | 0.02% | $6 | 0.09% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.70% | $210 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2017 | 9.06% | 6.00% |
| 31 March 2018 | 3.93% | 5.23% |
| 31 March 2019 | 6.72% | 5.82% |
| 31 March 2020 | -6.18% | -1.40% |
| 31 March 2021 | 23.45% | 18.18% |
| 31 March 2022 | 2.46% | 0.77% |
| 31 March 2023 | -4.37% | -2.77% |
| 31 March 2024 | 11.25% | 10.89% |
| 31 March 2025 | 4.55% | 4.36% |
| 31 March 2026 | 8.20% | 6.36% |
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 |