Summer Conservative Selection

Nearly a quarter of this fund sits in a single international bond fund, the Hunter Global Fixed Interest Fund, making it the dominant holding by a wide margin. The rest is a careful spread across income assets: 35% in New Zealand government bonds, 9% in cash, and 23% in international bonds overall. Growth assets take up 32% of the portfolio, split between Australasian and international shares, plus a small slice of listed property.

The fee structure totals 0.75%, combining a 0.66% management charge with a 0.12% performance fee and 0.09% in other costs. Over one year the fund returned 6.9%, placing it 11th in the Moderate category. The three-year return of 7.5% puts it 15th, while the five-year figure of 3.1% ranks 12th. With $10.9 million in assets under management, this is a small fund by industry standards.

SuperLife has built this as a conservative allocation within the Moderate category, leaning heavily on fixed interest. The top holdings are almost entirely government bonds with maturities ranging from 2028 to 2036, plus that outsourced international bond exposure. It is a portfolio designed for stability rather than aggressive growth, with a risk level of 3.

General information only, not financial advice. Past performance is not a reliable indicator of future results.