Smartshares Limited
SuperLife Growth Fund
SuperLife KiwiSaver SchemeGrowth
What the provider says about this fund
Invests mostly in growth assets and is designed for investors that want a growth investment option. Negative annual returns may occur once in every 3-5 years on average.
1-year return
10.10%
5-year return p.a.
5.50%
Total annual fee
0.71%
Fund size ($m)
81.3
Members
1,745
Inception date
16 September 2013
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
80.03%
Income assets
19.97%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 18.82% | 19.00% | 20.20% |
| Cash and equivalents | 3.82% | 4.00% | 6.14% |
| Commodities | 0.00% | 0.00% | 0.14% |
| International bonds | 7.81% | 8.00% | 8.75% |
| International shares | 52.54% | 53.00% | 51.02% |
| Listed property | 4.03% | 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% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | IShares Core FTSE Global Infrastructure AUD Hedged ETF | Other | Other | AU | 4.69% |
| 2 | IShares Core FTSE Global Property ex Australia AUD Hedged ETF | Property | Listed Property | AU | 4.06% |
| 3 | Vanguard FTSE Emerging Markets ETF | Shares | International Equities | US | 3.44% |
| 4 | NVIDIA Corp | Shares | International Equities | US | 2.75% |
| 5 | Apple Inc | Shares | International Equities | US | 2.48% |
| 6 | IShares MSCI EM IMI ESG Screened UCITS ETF | Shares | International Equities | IE | 2.18% |
| 7 | Microsoft Corp | Shares | International Equities | US | 1.74% |
| 8 | Fisher & Paykel Healthcare Corp Ltd | Shares | Australasian Equities | NZ | 1.60% |
| 9 | Amazon.Com Inc | Shares | International Equities | US | 1.32% |
| 10 | NZD Cash Account (ANZ Bank) | Cash | Cash and Cash Equivalents | NZ | 1.12% |
Fees
0.71% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 0.59% | $177 | 0.92% |
| Other fees | 0.02% | $6 | 0.10% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.71% | $213 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2017 | 10.88% | 8.61% |
| 31 March 2018 | 4.76% | 7.38% |
| 31 March 2019 | 7.41% | 7.03% |
| 31 March 2020 | -9.27% | -3.37% |
| 31 March 2021 | 29.86% | 28.64% |
| 31 March 2022 | 3.78% | 2.17% |
| 31 March 2023 | -4.76% | -3.69% |
| 31 March 2024 | 14.02% | 14.25% |
| 31 March 2025 | 5.33% | 3.98% |
| 31 March 2026 | 10.10% | 7.60% |
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 |