SuperLife KiwiSaver Scheme
SuperLife Age Steps - Age 40

In their own words: "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 40 investment will be allocated 20.8% to income assets and 79.2% to growth assets."

At a glance:

Not Mindful
Type: Growth fund
Past Returns: 7.45%

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

Annual Fees: 0.62%

Annual fees, including membership and % management fee, assuming $10,000 investment.

More information:

A summary of this fund and it's details.

Number FND2654
Name SuperLife Age Steps - Age 40
Risk profile Growth fund
Description 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 40 investment will be allocated 20.8% to income assets and 79.2% to growth assets.
Value $8.1M NZD
Members 306
Market index description weighted average annual return of the market indices used to measure the performance of the assets that the stage invests in
Disclosure Statement Period Sun March 31st 2019
Fund started Sun Sept. 15th 2013
Three-year average return 7.45%
Market index past year return 7.61%
Past year return net charges and tax 7.27
Past year return net of charges gross of tax 7.6
Market index return since fund started 9.64%
Return since fund started net 7.35%
Total annual fund fees 0.62
Total performance based fees 0.0
Manager's basic fee 0.27
Administration charges 0.35
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 31 March 2019.

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

Year Market Index Fund Annual Return
2019 6.87% 7.27%
2018 7.63% 4.64%
2017 8.87% 10.44%
2016 3.62% 4.91%
2015 13.73% 11.92%

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 31 March 2019.

Showing the top 10 investments for this fund:

  • Vanguard S&P 500 ETF
    United States International Equities
    11.21%
  • Vanguard FTSE Europe ETF
    United States International Equities
    10.04%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    8.32%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    6.6%
  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    6.51%
  • Vanguard Mid-Cap ETF
    United States International Equities
    4.37%
  • Vanguard Value ETF
    United States International Equities
    4.26%
  • Vanguard Small-Cap ETF
    United States International Equities
    3.67%
  • Vanguard International Property Securities Index Fund Hedged
    Australia Listed Property
    3.09%
  • Vanguard Total World Stock ETF
    United States International Equities
    1.27%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 1.0% 2.18%
New Zealand Fixed Interest 7.0% 6.73%
International Fixed Interest 13.0% 12.63%
Australasian Equities 20.0% 22.34%
International Equities 53.0% 51.39%
Listed Properties 6.0% 4.73%
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 31 March 2019.

Key Personnel

  • Alister John Williams

    Currently: Director (3 years, 4 months)
    Previously: Investment Manager - Trust Management (4 years, 2 months)

  • Guy Roulston Elliffe

    Currently: Director (3 years, 4 months)
    Previously: Corporate Governance Manager - ACC (3 years, 11 months)

  • Hugh Duncan Stevens

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

  • Lindsay Megan Wright

    Currently: Director (0 years, 9 months)
    Previously: Director - NZX (1 years, 1 months)

  • Mark John Peterson

    Currently: Director (1 years, 5 months)
    Previously: Chief Executive Officer - NZX (2 years, 2 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.75%
  • Animal Testing:
    3.92%
  • Fossil Fuels:
    4.54%
  • Gambling:
    0.84%
  • GMOs:
    0.50%
  • Human Rights & Environmental Violations:
    2.44%
  • Palm Oil:
    0.11%
  • Tobacco:
    0.41%
  • Weapons:
    1.10%

This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. 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.

Does this fund have a policy to exclude any industries from its investments?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

This data is compiled from Mindful Money analysis of Fund websites. 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.

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.

Download the fund's disclosure statement and portfolio holdings.

This information has been sourced from the six monthly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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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.