Lifestages KiwiSaver Scheme
Lifestages Auto Option Age 55 - 64
In their own words: "This life cycle investment stage invests 40% in the Lifestages High Growth Fund and 60% in the Lifestages Income Fund, which is regarded as providing appropriate levels of risk and return for a person aged 55-64."
At a glance:
Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.
Annual fees, including membership and % management fee, assuming $10,000 investment.
A summary of this fund and it's details.
|Name||Lifestages Auto Option Age 55 - 64|
|Risk profile||Balanced fund|
|Description||This life cycle investment stage invests 40% in the Lifestages High Growth Fund and 60% in the Lifestages Income Fund, which is regarded as providing appropriate levels of risk and return for a person aged 55-64.|
|Market index description||20% MSCI World Index in NZD, 50% Hedged to NZD, 3.2% MSCI Emerging Markets Index in NZD, 5.6% S&P/ASX300 Accummulation Index in NZD, 5.6% NZX50 Gross Index, 2% FTSE Develop Core Infrastructure Index in NZD, 1.2% NZX Property Index, 1.6% FTSE EPRA/NAREIT Developed Property Index in NZD, 36% Bloomberg Barclays Global Aggregate Index Hedged in NZD, 15% S&P/NZX NZ Govt Bond Index, 9.8% NZX NZ 90 Day Bank Bill Index.|
|Disclosure Statement Period||Sun March 31st 2019|
|Fund started||Wed Oct. 14th 2015|
|Three-year average return||3.72%|
|Market index past year return||7.40%|
|Past year return net charges and tax||4.62|
|Past year return net of charges gross of tax||5.77|
|Market index return since fund started||6.07%|
|Return since fund started net||3.56%|
|Total annual fund fees||1.26|
|Total performance based fees||0.0|
|Manager's basic fee||0.71|
|Total other charges||24.0|
|Total other charges currency||NZD|
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|
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:
Ishares Global Aggregate Bond Ucits ETF NZD Hedged
Ireland Int Fixed Interest23.44%
Harbour NZ Core Fixed Interest Fund
New Zealand NZ Fixed Interest14.85%
Dimensional Two-Year Diversified Fixed Interest Trust – NZD Class Units
Australia Int Fixed Interest11.55%
Ishares Wholesale Screened International Equity Index Fund (Class E2)
Australia International Equities9.91%
Vanguard International Shares Select Exclusions Index Fund - NZD Hedged
Australia International Equities9.86%
Harbour NZ Equity Advanced Beta Fund
New Zealand Australasian Equities5.74%
Cash Deposit (ANZ Bank)
New Zealand Cash and Equivalents A13.17%
Ishares Emerging Markets Imi Equity Index Fund
Australia International Equities3.15%
Ishares Wholesale Australian Equity Index Fund
Australia Australasian Equities2.8%
Dimensional Australian Core Equity Trust
Australia Australasian Equities2.8%
How the money in this fund is invested.
|Cash and Cash Equivalents||9.8%||11.03%|
|New Zealand Fixed Interest||15.0%||14.85%|
|International Fixed Interest||36.0%||34.99%|
Currently: Independent Investment Committee member (3 years, 11 months)
Previously: Chief Investment Officer, Consilium Limited (7 years, 0 months)
Currently: Investment Committee member (14 years, 9 months)
Previously: Executive Director, Funds Administration New Zealand Ltd (current) (14 years, 9 months)
Currently: Investment Committee member (17 years, 6 months)
Previously: Chief Executive Officer, Funds Administration New Zealand Ltd (current) (17 years, 6 months)
Currently: Investment Strategist (3 years, 7 months)
Previously: National Manager, Investment Product & Services, AMP Financial Services (2 years, 4 months)
Currently: Independent Director / Investment Committee chairperson (2 years, 10 months)
Previously: GM Business Financial Services & Private Banking, BNZ (8 years, 0 months)
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.
Human Rights & Environmental Violations:1.00%
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?
Human Rights & Environmental Violations:
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.