Smartshares Limited
SuperLife High Growth Fund
SuperLife KiwiSaver SchemeAggressive
What the provider says about this fund
Invests in growth assets and is designed for investors that want an aggressive investment option that invests in shares and property. Negative annual returns may occur once in every 2-4 years on average.
1-year return
12.54%
5-year return p.a.
6.67%
Total annual fee
0.73%
Fund size ($m)
751.9
Members
20,649
Inception date
15 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
99.21%
Income assets
0.79%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 23.00% | 23.00% | 28.28% |
| Cash and equivalents | 0.79% | 1.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 65.54% | 66.00% | 59.89% |
| Listed property | 5.07% | 5.00% | 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 | IShares Core FTSE Global Infrastructure AUD Hedged ETF | Other | Other | AU | 5.66% |
| 2 | IShares Core FTSE Global Property ex Australia AUD Hedged ETF | Property | Listed Property | AU | 5.01% |
| 3 | Vanguard FTSE Emerging Markets ETF | Shares | International Equities | US | 4.51% |
| 4 | NVIDIA Corp | Shares | International Equities | US | 3.33% |
| 5 | Apple Inc | Shares | International Equities | US | 3.01% |
| 6 | IShares MSCI EM IMI ESG Screened UCITS ETF | Shares | International Equities | IE | 2.42% |
| 7 | Microsoft Corp | Shares | International Equities | US | 2.10% |
| 8 | Fisher & Paykel Healthcare Corp Ltd | Shares | Australasian Equities | NZ | 1.95% |
| 9 | Amazon.Com Inc | Shares | International Equities | US | 1.60% |
| 10 | Alphabet Inc Class A | Shares | International Equities | US | 1.32% |
Fees
0.73% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.61% | $183 | 0.71% |
| Other fees | 0.02% | $6 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.73% | $219 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 12.36% | 11.18% |
| 31 March 2018 | 5.03% | 6.93% |
| 31 March 2019 | 8.12% | 9.96% |
| 31 March 2020 | -12.07% | -6.59% |
| 31 March 2021 | 38.14% | 35.19% |
| 31 March 2022 | 5.06% | 3.36% |
| 31 March 2023 | -5.07% | -4.50% |
| 31 March 2024 | 16.99% | 16.43% |
| 31 March 2025 | 5.17% | 4.58% |
| 31 March 2026 | 12.54% | 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 |