as PDF

Transcription

as PDF
make your life a
Directory
SuperLife’s KiwiSaver scheme
January 2015
SuperLife Limited promotes the superannuation scheme “SuperLife” (AS/1068) registered under
the Superannuation Schemes Act 1989 (“SLSS”) and the KiwiSaver scheme “SuperLife” (KSS
10022) registered under the KiwiSaver Act 2006 (“SLKS”). Individually, they are referred to as
SLSS and SLKS, and jointly as “SuperLife”. SLKS invests in SLSS.
The people and organisations involved with SLKS include:
External advisers and managers
Trustee
The organisations assisting in the management include:
Public Trust
The solicitor to the Trustee is Philips Fox.
The custodian is SuperLife Nominees Limited, a
subsidiary of Public Trust.
Auditor
PricewaterhouseCoopers (PwC)
Investment consultant
MCA NZ Limited
Manager
SuperLife Limited
Directors: Michael Chamberlain & Owen Nash.
SuperLife Limited is also the promoter and the issuer.
Investment manager
Ultimate investment managers/brokers of SLSS
Cash Fund
-
Nikko Asset Management New Zealand Limited
New Zealand Bonds Fund
SuperLife Trustee Limited, as trustee of SLSS
Directors: Grant Niccol, Michael Littlewood & Brian
Nowell.
-
Nikko Asset Management New Zealand Limited
Overseas Government Bonds Fund
-
State Street Global Advisors, Sydney
The Solicitor to the Trustee is Bell Gully.
Overseas Non-Government Bonds Fund
SuperLife Trustee Limited has appointed SuperLife
Limited as the day-to-day investment manager.
-
SuperLife Limited
Property Fund
Directors: Michael Chamberlain & Owen Nash.
-
SuperLife Limited is appointed to be the overall
investment manager. SuperLife Limited has appointed
MCA NZ Limited as the investment consultant, MCA
selects, appoints and monitors external investment
managers and brokers, as appropriate.
SuperLife Trustee Limited is independent of
SuperLife Limited and MCA.
-
Forsyth Barr
Australian Shares Fund
-
Forsyth Barr
State Street Global Advisors Australia Limited
Overseas Shares (Unhedged) Fund
PO Box 5067
Wellington 6145
-
0800 37 14 71
State Street Global Advisors Australia Limited
Emerging markets Fund
-
SuperLife Limited
PO Box 8811
Symonds Street
Auckland 1150
Vanguard Investments Australia Limited
SSgA and Blackrock (through iShares)
Somerset Capital Management CLP
Gemino
Fax
(09) 375 9800 or 0800 27 87 37
(09) 375 9801
Email:
[email protected]
SuperLife Trustee Limited
-
New Zealand Shares Fund
-
Public Trust
Phone
Forsyth Barr for Australasian listed trusts
Vanguard Investments Australia Limited for global
property trusts
Overseas Shares Currency Hedged Fund
Contact details
Phone
State Street Global Advisors, Sydney
Vanguard Investments Australia Limited
as for SuperLife Limited
-
Forsyth Barr
SuperLifesmartFONZ
-
Smartshares Limited
SuperLifesmartMOZY
-
Smartshares Limited
Ethica
-
Forsyth Barr
SuperLife Limited PO Box 8811, Symonds Street, Auckland 1150
www.SuperLife.co.nz
0800 27 87 37
[email protected]
make your life a
Fees
SuperLife’s KiwiSaver scheme
January 2015
Fees to SuperLife Limited
While you are a member of SuperLife’s
KiwiSaver scheme (“SLKS”), SuperLife
Limited charges an administration fee made
up of a dollar fee and a percentage of assets.
1.
Dollar fee
The administration fee is a net $33 a
year.
This fee is deducted from your
KiwiSaver Account at the rate of $2.75
a month, normally around the first of
each month. The equivalent gross fee
is paid to SuperLife Limited.
2.
Percentage of assets fee
The percentage of assets fee charged is
0.2% p.a. of assets. This is deducted
off the investment return before the
return is credited to your KiwiSaver
Account and the fee is paid to
SuperLife Limited.
SLKS. The trustee of SLSS, in turn, has
appointed SuperLife Limited as the
investment manager and SuperLife Limited
has appointed MCA NZ Limited as the
investment consultant.
The investment
management fees are the fees of SLSS - no
investment management fees are deducted
directly from the SLKS.
The investment management fees are the
fees agreed between the ultimate investment
managers and SuperLife Limited. These fees
will change should SuperLife Limited agree
alternative fees with an investment manager.
The
current
effective
investment
management fees charged for the investment
management of the assets of SLKS are in
Table 1.
Table 1
Investment option
Investment fee
(% p.a. of assets)
Single sector Funds
Changing fees
Under the trust deed, the Manager can
change the administration fees by advising
the trustee.
Trustee costs
The Trustee costs are the actual costs
incurred for the provision of Trustee
services. Currently, these are 0.03% p.a. of
assets plus the legal and other costs incurred
by the Trustee. These costs are deducted off
the investment return before the return is
credited to your KiwiSaver Account and the
fee is paid to the Trustee or the Trustee’s
advisers as appropriate.
Investment management
Cash
NZ bonds
Overseas government bonds
Overseas non-government bonds
Property (approx.)
NZ shares
Australian shares
Overseas shares currency hedged
Overseas shares (unhedged)
Emerging markets (approx.)
Gemino
SuperLifesmartFONZ
SuperLifesmartMOZY
UK Cash (approx.)
UK Income (approx.)
UK Growth (approx.)
0.30%
0.33%
0.34%
0.38%
0.40%
0.40%
0.40%
0.36%
0.35%
0.81%
0.70%
0.40%
0.40%
0.30%
0.60%
0.70%
Managed Funds
Ethica (approx.)
SuperLifeIncome
SuperLife30
SuperLife60
SuperLife80
SuperLifeGrowth
0.50%
0.34%
0.37%
0.39%
0.41%
0.44%
Variable Mixes
SLKS implements the investment option
decisions of its KiwiSaver members, by
investing in the equivalent investment
option under SuperLife’s superannuation
scheme (“SLSS”).
This is a separate
registered superannuation scheme that is
part of the SuperLife offering, the trustee of
which acts as the investment manager for
AIMFirst Home & AIMmyFutureFund
0.30%
the D fund
0.34%
smartConservative
0.32%
smartBalanced
0.36%
smartGrowth
0.40%
Note: As the investment strategies for the Mixes and
Managed Funds will vary from their benchmarks, the
actual fees will vary from those shown. Those shown
are the expected average fee over the long-term.
SuperLife Limited PO Box 8811, Symonds Street, Auckland 1150
www.SuperLife.co.nz
0800 27 87 37
[email protected]
make your life a
The gross before-tax returns, net of the
investment management fees in the table, are
credited to SLKS. Tax is then deducted and
the net-of-tax return is credited to your
KiwiSaver Account.
Other costs
The external costs of SLKS (e.g. regulatory
and compliance costs such as audit, the
FMA fees etc.) are also be deducted from
the assets. The costs of bank fees and
brokerage are met from the investment
returns before the net return is credited to
your KiwiSaver Account.
In addition, SuperLife Limited has the right
to charge a transaction fee (up to $100) for a
transfer to another KiwiSaver scheme or a
benefit payable on financial hardship
grounds, permanent emigration etc.
Currently, SuperLife Limited has decided
that no transaction fees will be imposed for
hardship and permanent emigration benefit
payments. Transfer transaction fees of $100
are imposed on transfers and payments to
other KiwiSaver schemes.
SuperLife Limited
PO Box 8811
Symonds Street
Auckland 1150
SuperLife Limited PO Box 8811, Symonds Street, Auckland 1150
www.SuperLife.co.nz
0800 27 87 37
[email protected]