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SuperLife KiwiSaver Scheme
SuperLife NZ Bonds Fund

In their own words: "The NZ Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on the New Zealand bond market."

At a glance:

Not Mindful
Type: Defensive fund
Past Returns: *4.04%

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

Annual Fees: 0.54%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2463
Name SuperLife NZ Bonds Fund
Risk profile Defensive fund
Description The NZ Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on the New Zealand bond market.
Value $37M NZD
Members 3,530
Market index description S&P/NZX A-Grade Corporate Bond Index
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Wed Oct. 24th 2007
Three-year average return *4.04%
Market index past year return 7.78%
Past year return net charges and tax 5.57%
Past year return net of charges gross of tax 6.76%
Market index return since fund started 6.16%
Return since fund started net 4.68%
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.49%
Administration charges 0.05%
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% 4.15%
2018 2.15% 3.94%
2017 1.38% 2.12%
2016 2.64% 4.65%
2015 4.66% 6.15%
2014 2.00% 1.91%
2013 3.15% 5.86%
2012 3.62% 5.99%
2011 3.17% 5.95%
2010 3.39% 6.59%

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:

  • New Zealand Government 20/09/25 2.0% Ib
    New Zealand NZ Fixed Interest AA+
    6.29%
  • New Zealand Local Government Funding Agency 14/04/33 3.50% Gb
    New Zealand NZ Fixed Interest AA+
    5.31%
  • Westpac Current Account
    New Zealand Cash and Equivalents A-1+
    4.1%
  • Insurance Australia Group Ltd 15/06/43 5.15% Cb
    Australia NZ Fixed Interest BBB
    3.27%
  • New Zealand Government 15/05/21 6.0% Gb
    New Zealand NZ Fixed Interest AA+
    2.98%
  • Bank Of New Zealand 15/06/23 4.102% Cb
    New Zealand NZ Fixed Interest AA-
    2.92%
  • Tr Group Ltd 07/03/24 4.533% Cb
    New Zealand NZ Fixed Interest UNRATED
    2.53%
  • Chorus Ltd 06/12/23 4.35% Cb
    New Zealand NZ Fixed Interest BBB
    2.44%
  • ASB Bank Ltd 07/09/23 3.31% Cb
    New Zealand NZ Fixed Interest AA-
    2.44%
  • Fonterra Cooperative Group Ltd 19/06/25 5.08% Cb
    New Zealand NZ Fixed Interest A-
    2.38%

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 1.0% 4.07%
New Zealand Fixed Interest 99.0% 95.93%
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 (3 years, 10 months)
    Previously: Investment Manager - Trust Management (4 years, 8 months)

  • Guy Roulston Elliffe

    Currently: Director (3 years, 10 months)
    Previously: Corporate Governance Manager - ACC (4 years, 5 months)

  • Hugh Duncan Stevens

    Currently: Chief Executive Officer - Smartshares (1 years, 7 months)
    Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

  • Stuart Kenneth Reginald Millar (New)

    Currently: Chief Investment Office - Smartshares (0 years, 4 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:
    0.00%
  • 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.

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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.