# Quarterly Fund Update — smartshares (2025-Q1)

> KiwiSaver scheme **smartshares** — Quarterly Fund Update filing covering period ending **2025-03-31**.
> Source: filed with FMA Disclose register. Canonical: https://fundcompare.co.nz/filings/qfu/smartshares/2025-q1

## Funds covered

| Fund | Fees (1y) | 1y return | 3y return | 5y avg return | AUM (NZD) | Members | Growth assets |
|------|-----------|-----------|-----------|---------------|-----------|---------|---------------|
| Asia Pacific Fund | 0.59% | 0.62% | — | 7.41% | NZD $6,642,056 | 917 | — |
| Quaystreet High Growth Fund | 0.63% | 5.17% | — | 11.13% | NZD $673,805,670 | 20,833 | — |
| Superlife Age Steps - Age 50 | 0.61% | 4.72% | — | 8.52% | — | 331 | — |
| Conservative Fund | 0.57% | 3.99% | — | 4.02% | NZD $30,267,034 | 660 | — |
| Total World Fund | 0.58% | 9.87% | — | 13.96% | NZD $20,034,092 | 1,029 | — |
| Nz Property Fund | 0.59% | -6.21% | — | 0.06% | NZD $7,761,959 | 1,022 | — |
| Superlife Age Steps - Age 40 | 0.62% | 4.81% | — | 9.04% | — | 298 | — |
| Nz Mid Cap Fund | 0.59% | 5.01% | — | 6.02% | NZD $7,100,101 | 861 | — |
| Australian Financials Fund | 0.59% | 14.74% | — | 18.58% | NZD $7,325,790 | 727 | — |
| Ethica Fund | 0.70% | 4.57% | — | 7.99% | NZD $68,222,672 | 1,498 | — |
| Superlife Default Fund | 0.20% | 3.41% | — | — | NZD $635,782,672 | 55,531 | — |
| Castle Point 5 Oceans Fund | 1.19% | 5.08% | — | — | NZD $823,098 | 60 | — |
| Superlife Age Steps - Age 30 | 0.62% | 4.81% | — | 9.04% | — | 287 | — |
| Overseas Shares (Currency Hedged) Fund | 0.58% | 5.02% | — | 13.89% | NZD $25,585,151 | 1,752 | — |
| Nz Top 10 Fund | 0.59% | -2.19% | — | 2.30% | NZD $5,555,899 | 480 | — |
| Nz Dividend Fund | 0.59% | -4.37% | — | 5.55% | NZD $3,318,010 | 332 | — |
| Global Aggregate Bond Fund | 0.59% | 2.01% | — | — | NZD $1,299,000 | 97 | — |
| Superlife Age Steps - Age 60 | 0.60% | 4.39% | — | 6.62% | — | 294 | — |
| Quaystreet Income Fund | 0.56% | 3.17% | — | 0.72% | NZD $253,470,883 | 16,186 | — |
| US 500 Fund | 0.54% | 10.22% | — | 16.78% | NZD $90,398,938 | 3,096 | — |
| Superlife Age Steps - Age 70 | 0.58% | 4.03% | — | 4.74% | — | 65 | — |
| Growth Fund | 0.61% | 5.33% | — | 9.04% | NZD $69,603,119 | 1,551 | — |
| Australian Mid Cap Fund | 0.59% | 3.15% | — | 16.60% | NZD $29,789,918 | 1,482 | — |
| UK Cash Fund | 0.52% | 3.69% | — | 2.14% | NZD $70,857,165 | 3,324 | — |
| Balanced Fund | 0.60% | 4.55% | — | 7.06% | NZD $76,706,722 | 1,372 | — |
| Australian Shares Fund | 0.59% | 2.90% | — | 13.93% | NZD $21,174,037 | 1,751 | — |
| Australian Property Fund | 0.59% | -1.03% | — | 8.62% | NZD $3,276,344 | 515 | — |
| Global Property Fund | 0.58% | 0.15% | — | 4.45% | NZD $15,465,071 | 1,733 | — |
| US Mid Cap Fund | 0.57% | 6.14% | — | 14.13% | NZD $5,321,082 | 684 | — |
| Australian Top 20 Fund | 0.59% | 2.41% | — | 12.83% | NZD $5,561,260 | 612 | — |
| US Large Value Fund | 0.57% | 9.88% | — | 14.93% | NZD $11,767,900 | 873 | — |
| Australian Resources Fund | 0.59% | -10.12% | — | 12.84% | NZD $15,365,367 | 1,335 | — |
| Total World (Nzd Hedged) Fund | 0.58% | 6.34% | — | — | NZD $4,266,968 | 217 | — |
| Europe Fund | 0.59% | 11.91% | — | 12.58% | NZD $10,062,685 | 735 | — |
| US Small Cap Fund | 0.57% | 0.89% | — | 13.93% | NZD $5,735,729 | 698 | — |
| Overseas Non-Government Bonds Fund | 0.54% | 2.98% | — | 0.55% | NZD $17,880,079 | 1,601 | — |
| Emerging Markets Fund | 0.73% | 15.50% | — | 8.28% | NZD $22,094,892 | 2,465 | — |
| Superlife Age Steps - Age 80 | 0.56% | 3.39% | — | 1.56% | — | 9 | — |
| Nz Top 50 Fund | 0.59% | -0.08% | — | 5.47% | NZD $54,053,112 | 2,097 | — |
| Overseas Bonds Fund | 0.59% | 2.84% | — | 0.67% | NZD $9,870,847 | 1,297 | — |
| Nz Shares Fund | 0.59% | -0.10% | — | 5.15% | NZD $24,188,455 | 1,943 | — |
| Superlife Age Steps - Age 20 | 0.63% | 5.10% | — | 10.71% | — | 290 | — |
| Australian Dividend Fund | 0.59% | 1.36% | — | 11.86% | NZD $1,508,251 | 186 | — |
| Overseas Shares Fund | 0.58% | 8.59% | — | 14.55% | NZD $31,462,321 | 1,946 | — |
| Nz Bonds Fund | 0.54% | 4.93% | — | 1.47% | NZD $35,527,979 | 2,446 | — |

_Returns are after fees and tax at PIR 28%, sourced from the QFU PDF as filed with FMA Disclose._

## Source documents

- **Scheme-wide PDF**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_20.pdf
  - SHA-256: `c1a2511f7c54e26f…`
  - Ingested: 2026-05-15
- **Fund: age-steps-age-30**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_30.pdf
  - SHA-256: `bddec455ad509cf3…`
  - Ingested: 2026-05-16
- **Fund: age-steps-age-40**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_40.pdf
  - SHA-256: `6d9a37ea702d3c5d…`
  - Ingested: 2026-05-16
- **Fund: age-steps-age-50**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_50.pdf
  - SHA-256: `121d6fe2099c8100…`
  - Ingested: 2026-05-16
- **Fund: age-steps-age-60**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_60.pdf
  - SHA-256: `53a7b31688df1ee4…`
  - Ingested: 2026-05-16
- **Fund: age-steps-age-70**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_70.pdf
  - SHA-256: `4bf89592fc20f314…`
  - Ingested: 2026-05-16
- **Fund: age-steps-age-80**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_age_steps_-_age_80.pdf
  - SHA-256: `781f0abea098f2fa…`
  - Ingested: 2026-05-16
- **Fund: asia-pacific**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_asia_pacific_fund.pdf
  - SHA-256: `3559f3857eb17a6b…`
  - Ingested: 2026-05-16
- **Fund: australian-dividend**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_dividend_fund.pdf
  - SHA-256: `d01e07ee862265e7…`
  - Ingested: 2026-05-16
- **Fund: australian-financials**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_financials_fund.pdf
  - SHA-256: `5fd400cb4ccd5871…`
  - Ingested: 2026-05-16
- **Fund: australian-mid-cap**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_mid_cap_fund.pdf
  - SHA-256: `a8f03986bc6c9baa…`
  - Ingested: 2026-05-16
- **Fund: australian-property**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_property_fund.pdf
  - SHA-256: `536262bca2e173de…`
  - Ingested: 2026-05-16
- **Fund: australian-resources**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_resources_fund.pdf
  - SHA-256: `deaf1f6f274ced5a…`
  - Ingested: 2026-05-16
- **Fund: australian-shares**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_shares_fund.pdf
  - SHA-256: `4b52514ec7932ad7…`
  - Ingested: 2026-05-16
- **Fund: australian-top-20**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_australian_top_20_fund.pdf
  - SHA-256: `35970eed47b721de…`
  - Ingested: 2026-05-16
- **Fund: balanced**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_balanced_fund.pdf
  - SHA-256: `e911a59ede289792…`
  - Ingested: 2026-05-15
- **Fund: cash**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_cash_fund.pdf
  - SHA-256: `0d2dfb120ff5cd88…`
  - Ingested: 2026-05-15
- **Fund: castle-point-5-oceans**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_castle_point_5_oceans_fund.pdf
  - SHA-256: `0747f782d0b5dbd3…`
  - Ingested: 2026-05-16
- **Fund: conservative**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_conservative_fund.pdf
  - SHA-256: `9b96a0a79cb7f643…`
  - Ingested: 2026-05-15
- **Fund: default**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_default_fund.pdf
  - SHA-256: `1491e69482348a37…`
  - Ingested: 2026-05-15
- **Fund: emerging**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_emerging_markets_fund.pdf
  - SHA-256: `53d389351ea08431…`
  - Ingested: 2026-05-16
- **Fund: ethica**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_ethica_fund.pdf
  - SHA-256: `1aa659729c0b3869…`
  - Ingested: 2026-05-16
- **Fund: europe**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_europe_fund.pdf
  - SHA-256: `d1475f6a9b0ca362…`
  - Ingested: 2026-05-16
- **Fund: global-aggregate-bond**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_global_aggregate_bond_fund.pdf
  - SHA-256: `7135cafea6a6376a…`
  - Ingested: 2026-05-16
- **Fund: global-property**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_global_property_fund.pdf
  - SHA-256: `7cc358b49bb3ff1e…`
  - Ingested: 2026-05-16
- **Fund: growth**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_growth_fund.pdf
  - SHA-256: `e5ee0adb923ed15f…`
  - Ingested: 2026-05-15
- **Fund: high-growth**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_high_growth_fund.pdf
  - SHA-256: `5e52d06935ede72a…`
  - Ingested: 2026-05-15
- **Fund: income**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_superlife_income_fund.pdf
  - SHA-256: `d189e240715975eb…`
  - Ingested: 2026-05-15
- **Fund: nz-bonds**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_bonds_fund.pdf
  - SHA-256: `7cfe5ce5e6265fe4…`
  - Ingested: 2026-05-16
- **Fund: nz-dividend**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_dividend_fund.pdf
  - SHA-256: `30095a8711be4777…`
  - Ingested: 2026-05-16
- **Fund: nz-mid-cap**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_mid_cap_fund.pdf
  - SHA-256: `babc4797707ac78e…`
  - Ingested: 2026-05-16
- **Fund: nz-property**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_property_fund.pdf
  - SHA-256: `79c5371b8fadc641…`
  - Ingested: 2026-05-16
- **Fund: nz-shares**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_shares_fund.pdf
  - SHA-256: `69a5c695e0edc711…`
  - Ingested: 2026-05-16
- **Fund: nz-top-10**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_top_10_fund.pdf
  - SHA-256: `d47ef5bd06e0fe1b…`
  - Ingested: 2026-05-16
- **Fund: nz-top-50**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_nz_top_50_fund.pdf
  - SHA-256: `b97590f132eb541d…`
  - Ingested: 2026-05-16
- **Fund: overseas-bonds**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_overseas_bonds_fund.pdf
  - SHA-256: `b8e8e73c221d63db…`
  - Ingested: 2026-05-16
- **Fund: overseas-non-government-bonds**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_overseas_non-government_bonds_fund.pdf
  - SHA-256: `dcb4ffb154d773c4…`
  - Ingested: 2026-05-16
- **Fund: overseas-shares**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_overseas_shares_fund.pdf
  - SHA-256: `04245fb18fd79587…`
  - Ingested: 2026-05-16
- **Fund: overseas-shares-currency-hedged**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_overseas_shares_(currency_hedged)_fund.pdf
  - SHA-256: `e7ba99bc977722e4…`
  - Ingested: 2026-05-16
- **Fund: s-p-asx-200**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_s&p_asx_200_fund.pdf
  - SHA-256: `5570c71f3f8abd58…`
  - Ingested: 2026-05-16
- **Fund: s-p-nzx-50**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_s&p_nzx_50_fund.pdf
  - SHA-256: `acf5d29e0b416bb7…`
  - Ingested: 2026-05-16
- **Fund: s-p-nzx-nz-government-bond**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_s&p_nzx_nz_government_bond_fund.pdf
  - SHA-256: `e4512029607d04db…`
  - Ingested: 2026-05-16
- **Fund: total-world**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_total_world_fund.pdf
  - SHA-256: `97ed828ae564bdd0…`
  - Ingested: 2026-05-16
- **Fund: total-world-nzd-hedged**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_total_world_(nzd_hedged)_fund.pdf
  - SHA-256: `19ef43c8dcf1be5a…`
  - Ingested: 2026-05-16
- **Fund: us-500**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_us_500_fund.pdf
  - SHA-256: `3431deb2b3a6c619…`
  - Ingested: 2026-05-16
- **Fund: us-large-value**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_us_large_value_fund.pdf
  - SHA-256: `29635e43694764c5…`
  - Ingested: 2026-05-16
- **Fund: us-mid-cap**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_us_mid_cap_fund.pdf
  - SHA-256: `286ad49c841e7611…`
  - Ingested: 2026-05-16
- **Fund: us-small-cap**
  - Original PDF: https://www.superlife.co.nz/files/LegalDocs/SLKS-FundUpdates/2025-Mar/superlife%20kiwisaver%20scheme%20fund%20update_us_small_cap_fund.pdf
  - SHA-256: `088310bcd5c8caea…`
  - Ingested: 2026-05-16

## Data sources

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/
- IRD KiwiSaver — https://www.ird.govt.nz/kiwisaver
- Sorted Fund Finder — https://fundfinder.sorted.org.nz/

## Machine-readable surface

- Facts JSON: https://fundcompare.co.nz/api/qfu/smartshares/2025-q1/facts.json
- Crawlable HTML: https://fundcompare.co.nz/filings/qfu/smartshares/2025-q1

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This is an informational summary published by FundCompare NZ (https://fundcompare.co.nz) using publicly available data from the FMA Disclose register, IRD KiwiSaver, and Sorted Fund Finder. It does not constitute financial advice. FundCompare NZ is not a licensed Financial Advice Provider. Past performance is not indicative of future results — read each scheme's Product Disclosure Statement and consult a licensed financial adviser before making any decision. KiwiSaver® is a registered trademark of Inland Revenue.