SuperLife NZ Cash Fund

In their own words: "The NZ Cash Fund invests in New Zealand cash and cash equivalent assets (including term deposits). Designed for investors that want a defensive investment option that provides a return (after tax, fees and other expenses) that reflects the after-tax return on the New Zealand cash market."

At a glance:

Not Mindful
Type: Defensive fund
Past Returns: 1.84%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 0.52%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2465
Name SuperLife NZ Cash Fund
Risk profile Defensive fund
Description The NZ Cash Fund invests in New Zealand cash and cash equivalent assets (including term deposits). Designed for investors that want a defensive investment option that provides a return (after tax, fees and other expenses) that reflects the after-tax return on the New Zealand cash market.
Value $66M NZD
Members 8,936
Market index description S&P/NZX Bank Bills 90-Day Index
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Mon Oct. 8th 2007
Three-year average return 1.84%
Market index past year return 1.68%
Past year return net charges and tax 1.68%
Past year return net of charges gross of tax 2.54%
Market index return since fund started 2.62%
Return since fund started net 2.39%
Total annual fund fees 0.52%
Total performance based fees 0.0%
Manager's basic fee 0.44%
Administration charges 0.08%
Total other charges 30.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 2.26% 1.73%
2018 2.15% 1.82%
2017 1.38% 1.96%
2016 2.64% 2.42%
2015 4.66% 2.76%
2014 2.00% 2.65%
2013 3.15% 2.68%
2012 3.62% 2.88%
2011 3.17% 3.05%
2010 3.39% 2.65%

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • Nikko AM Wholesale NZ Cash
    New Zealand Cash and Equivalents
    25.1%
  • Bank Of China Ltd 03/10/23 4.34% Td
    New Zealand Cash and Equivalents A1
    8.52%
  • Westpac Current Account
    New Zealand Cash and Equivalents A-1+
    7.21%
  • Fonterra Cooperative Group Ltd 08/10/21 Frn
    New Zealand Cash and Equivalents
    3.22%
  • Bank Of China Ltd 03/10/23 4.34% Td
    New Zealand Cash and Equivalents A1
    2.84%
  • Toyota Finance New Zealand Ltd 26/10/22 Frn
    New Zealand Cash and Equivalents AA-
    2.68%
  • Sbs Bank 29/07/20 3.19% Td
    New Zealand Cash and Equivalents A2
    2.68%
  • Kiwibank Ltd 22/11/21 Frn
    New Zealand Cash and Equivalents
    2.39%
  • Tsb Bank Ltd 22/01/20 Rcd
    New Zealand Cash and Equivalents A1+
    2.38%
  • Port Of Tauranga 17/03/20 Pnote
    New Zealand Cash and Equivalents A2
    2.37%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 100.0% 100.0%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Alister John Williams

    Currently: Director (4 years, 1 months)
    Previously: Investment Manager - Trust Management (4 years, 11 months)

  • Guy Roulston Elliffe

    Currently: Director (4 years, 1 months)
    Previously: Corporate Governance Manager - ACC (current position) (4 years, 8 months)

  • Hugh Duncan Stevens

    Currently: Chief Executive Officer - Smartshares (1 years, 10 months)
    Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

  • Stuart Kenneth Reginald Millar

    Currently: Chief Investment Officer - Smartshares (0 years, 7 months)
    Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    %
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.