Sbs Wealth Kiwisaver Scheme
Lifestages Auto Option Age 55 - 59
The Smiths take
Lifestages Auto Option Age 55 - 59 Smiths Rating B+
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
The fund matches or beats the group average on the standard Sorted measures. Read the full breakdown below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Lifestages Auto Option Age 55 - 59 fits your situation.
A 5+ years timeframe
This is a balanced KiwiSaver fund. The provider's recommended minimum holding period sits in the 5+ years range.
A moderate-risk investment
Sorted's risk indicator places this at 4 on a 1–7 scale. Moderate volatility. meaningful ups and downs but not extreme.
Growth-leaning mix
59% growth assets (shares, property) and 41% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
58.64% / 41.36%
Growth / Income · avg 53.54% / 46.46%
Fees
1.05%
$315 on $30k · avg 1.61%
5-yr return
5.30%
Annualised, after fees & 28% PIR · avg 5.30%
What the provider says
In their own words
“This life cycle investment stage invests 60% in the SBS Wealth High Growth Fund and 40% in the SBS Wealth Income Fund, which is regarded as providing appropriate levels of risk and return for a person aged 55-59.”
- Fund start date
- 14 October 2015
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 58.64% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
56.21%
avg 49.40%
- Propertythis fundavg
0.77%
avg 2.71%
- Otherthis fundavg
1.66%
avg 1.43%
- Bondsthis fundavg
36.81%
avg 38.55%
- Cashthis fundavg
4.55%
avg 7.91%
What it owns
Top 10 holdings. 68.20% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Dimensional Global Sustainability Pie Fund (Nzd Hedged)
Shares
International EquitiesNZ20.72%Harbour Nz Core Fixed Interest Fund
Bonds
New Zealand Fixed InterestNZ11.79%Dimensional Global Bond Sustainability Pie Fund
Bonds
International Fixed InterestNZ10.97%Ishares Global Aggregate Bond Esg Ucits Etf Nzd Hedged
Bonds
International Fixed InterestIE9.28%Schroder Sustainable Gbl Core Hedge Pie
Shares
International EquitiesNZ3.47%Schroder Global Emerging Markets Fund
Shares
International EquitiesAU3.19%Dimensional Australian Sustainability Pie Fund
Shares
Australasian EquitiesNZ2.99%Cash Deposit (Anz Bank)
Cash
Cash and Cash EquivalentsNZ2.13%Dimensional Two-Year Sustainability Fixed Interest Pie Fund
Bonds
International Fixed InterestNZ2.00%Kernel Global Infrastructure (Nzd Hedged) Fund
Other
OtherNZ1.66%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
0.69%
avg 0.76%
$207
avg $229
−0.07%Other
Other potential costs not in the categories below.
56.21%
avg 49.40%
-
avg -
+6.81%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.00%
avg 0.05%
$0
avg $15
−0.05%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
1.05%
avg 1.61%
$315
avg $483
Yearly returns
5.30% per year over 5 years
Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 4 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $33,797,970
- Members
- 611
- Asset liquidity ratio
- 98.90%
- Debt ratio
- 0.14%
- Default KiwiSaver fund
- No
- Fund reference
- FND42063
Manager
Sbs Wealth Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429036803323
- FSP number
- FSP3961
Smiths Health Check
Is the Lifestages Auto Option Age 55 - 59 actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just sbs.
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