SuperLife Overseas Bonds Fund

In their own words: "The Overseas Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on international bond markets of developed economies."

Not Mindful
Type: Defensive fund
Past Returns: 3.10%

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

Annual Fees: 0.59%

Annual fees, including membership and % management fee.

A summary of this fund and it's details.

Number FND2472
Name SuperLife Overseas Bonds Fund
Risk profile Defensive fund
Description The Overseas Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on international bond markets of developed economies.
Value $8.6M NZD
Members 1,693
Market index description Bloomberg Barclays Global Aggregate Index (100% hedged to the New Zealand dollar)
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Wed Oct. 24th 2007
Three-year average return 3.10%
Market index past year return 7.63%
Past year return net charges and tax 5.75%
Past year return net of charges gross of tax 7.95%
Market index return since fund started 6.07%
Return since fund started net 3.99%
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.55%
Administration charges 0.04%
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% 2.98%
2018 2.15% 2.67%
2017 1.38% 3.64%
2016 2.64% 1.88%
2015 4.66% 8.18%
2014 2.00% -1.97%
2013 3.15% 5.28%
2012 3.62% 6.48%
2011 3.17% 5.07%
2010 3.39% 4.37%

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:

  • BNP Paribas A/C USD
    United States Cash and Equivalents
    2.42%
  • Japan Government 10/01/20 0.00% Gb
    Japan Int Fixed Interest A+
    2.06%
  • Japan Government 20/09/35 1.20% Gb
    Japan Int Fixed Interest A+
    1.76%
  • United States Treasury 30/04/25 2.875% Gb
    United States Int Fixed Interest AA+
    1.73%
  • United States Treasury 15/01/25 0.25% Ilb
    United States Int Fixed Interest AA+
    1.64%
  • Federal Home Loan Banks 21/01/20 0.00% Gb
    United States Int Fixed Interest AA+
    1.63%
  • Westpac Current Account
    New Zealand Cash and Equivalents A-1+
    1.4%
  • United States Treasury 15/01/28 0.5% Ilb
    United States Int Fixed Interest AA+
    1.38%
  • Spain Government 31/10/29 0.60% Gb
    Spain Int Fixed Interest A
    1.23%
  • Japan Government 20/12/48 0.70% Gb
    Japan Int Fixed Interest A+
    1.21%

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% 4.16%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 99.0% 95.84%
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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.08%
  • Animal Testing:
    1.75%
  • Fossil Fuels:
    1.52%
  • Gambling:
    0.17%
  • GMOs:
    0.23%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    %
  • Weapons:
    0.08%

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:

Fossil Fuel

Petrobras Global Finance Bv 150130 5.093% Cb 0.35%
Nextera Energy Capital Holdings Inc 250222 3.35% Cb 0.23%
Andeavor Logistics Lp 151019 5.50% Cb 0.15%
Eqt Corp 011020 2.50% Cb 0.15%
Enbridge Inc 100120 Frn 0.15%
Dominion Energy Gas Holdings Llc 150621 Frn 0.15%
Petrobras Global Finance Bv 170344 7.25% Cb 0.09%
Energy Transfer Partner Lp 150424 4.50% Cb 0.08%
Enbridge Inc 150620 Frn 0.07%
Eqt Corp 011022 3.00% Cb 0.07%
Petrobras Global Finance 170122 6.125% Cb 0.03%

Weapons

United Technologies Corp 160821 3.35% Cb 0.08%

Gambling

Sands China Ltd 080828 5.4% Cb 0.17%

Alcohol

Bacardi Ltd 150121 4.5% Cb 0.08%

GMOs

Syngenta Finance Ag 240420 3.698% Cb 0.23%

Animal Testing

Reckitt Benckiser Treasury Services Plc 240622 2.375% Cb 0.450%
Tesco Property Finance Plc 130744 Sf 0.450%
Syngenta Finance Ag 240420 3.698% Cb 0.230%
International Flavors and Fragrances Inc 250920 3.40% Cb 0.230%
Bayer US Finance Ii Llc 151228 4.375% Cb 0.160%
Danone Sa 021121 2.077% Cb 0.150%
General Mills Inc 160421 Frn 0.080%

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 invested. 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.