Smartshares Limited
SuperLife Age Steps - Age 30
SuperLife KiwiSaver SchemeGrowth
What the provider says about this fund
SuperLife Age Steps automatically sets the proportion of your investment in income and growth assets based on your age. As you get older, the proportion of your investment in more volatile growth assets will be reduced, lowering the expected size of the ups and downs in the value of your investment. This option may be suitable if you are saving for retirement (assumed to be age 65), and assumes you will continue to invest your savings and spend them over your retirement period. Your SuperLife Age Steps - Age 30 investment will be allocated 20.8% to income assets and 79.2% to growth assets.
1-year return
10.29%
5-year return p.a.
5.43%
Total annual fee
0.72%
Fund size ($m)
5.4
Members
237
Inception date
15 September 2013
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
Investment mix
Growth assets
79.37%
Income assets
20.63%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 18.40% | 18.40% | 20.20% |
| Cash and equivalents | 4.50% | 4.80% | 6.14% |
| Commodities | 0.00% | 0.00% | 0.14% |
| International bonds | 8.05% | 8.00% | 8.75% |
| International shares | 52.43% | 52.80% | 51.02% |
| Listed property | 4.06% | 4.00% | 3.65% |
| New Zealand bonds | 8.09% | 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 | 4.53% |
| 2 | IShares Core FTSE Global Property ex Australia AUD Hedged ETF | Property | Listed Property | AU | 4.01% |
| 3 | Vanguard FTSE Emerging Markets ETF | Shares | International Equities | US | 3.60% |
| 4 | NVIDIA Corp | Shares | International Equities | US | 2.67% |
| 5 | Apple Inc | Shares | International Equities | US | 2.41% |
| 6 | IShares MSCI EM IMI ESG Screened UCITS ETF | Shares | International Equities | IE | 1.93% |
| 7 | Microsoft Corp | Shares | International Equities | US | 1.68% |
| 8 | NZD Cash Account (ANZ Bank) | Cash | Cash and Cash Equivalents | NZ | 1.66% |
| 9 | Fisher & Paykel Healthcare Corp Ltd | Shares | Australasian Equities | NZ | 1.54% |
| 10 | Amazon.Com Inc | Shares | International Equities | US | 1.28% |
Fees
0.72% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 0.61% | $183 | 0.92% |
| Other fees | 0.01% | $3 | 0.10% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.72% | $216 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2017 | 10.44% | 8.61% |
| 31 March 2018 | 4.64% | 7.38% |
| 31 March 2019 | 7.27% | 7.03% |
| 31 March 2020 | -9.23% | -3.37% |
| 31 March 2021 | 30.49% | 28.64% |
| 31 March 2022 | 3.49% | 2.17% |
| 31 March 2023 | -4.45% | -3.69% |
| 31 March 2024 | 13.97% | 14.25% |
| 31 March 2025 | 4.81% | 3.98% |
| 31 March 2026 | 10.29% | 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 |