I have been doing some serious thinking over the past week or two and have decided that right now, the best "next step" option for me is a Superlife individual superannuation fund, running alongside my existing Kiwisaver. I think that this is the way to go until I can build enough capital to perhaps consider another direct purchase of some additional shares. Unlike Kiwisaver its not tied up until I'm 65 - I can access the funds anytime I need to (in the event of an emergency any time down the track.)
At the moment I'm looking at their "mix your own" option - which gives me the option of picking which funds I want to include in my overall "package" in order to create some good diversity and growth.
The "mix your own" options include their 6 Managed funds and their individual sector funds and ETFs as below:
Individual Sector
Cash NZ Bonds Overseas Bonds Overseas non-Government Bonds Property NZ Shares Australian Shares Overseas Shares Currency Hedged Overseas Shares (Unhedged) Emerging Markets Gemino UK Cash UK Income UK Shares/Property
ETF
NZ Cash ETF NZ Bond ETF Global Bond ETF NZ Dividend ETF NZ 50 Portfolio ETF NZ Top 10 ETF NZ MidCap ETF NZ Property ETF Aust Top 20 Leaders ETF Aust Dividend ETF Aust Financials ETF Aust Property ETF Aust Resources ETF Aust MidCap ETF Total World ETF US S&P 500 ETF Europe ETF Asia Pacific ETF US Growth ETF US Value ETF US MidCap ETF US Small ETF Emerging Markets ETF
I would appreciate some general advice around which of the above I would be best to choose as my initial 3-4 funds. I keep looking at the Total World ETF and thinking it would be a sensible choice for diversity. I also like the look of the Aust Dividend ETF. Given that initially, the amount I will be investing will be small (will then be making regular monthly investments) - is there any need to include Bonds/Cash at this stage? Would I be best to just choose two funds for now and add another couple a bit down the track once I've built up a decent balance?
I know you can't tell me what to do but if anyone is willing to give me some guidance here I would appreciate it.
Superlife "Mix your own"
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05-09-2016, 08:21 PMjustakiwiSuperlife "Mix your own"
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06-09-2016, 04:33 AMblackcap
HI Justakiwi.
I also use the mix a fund but do that for my Kiwisaver. Just be careful that with some of the ETF's that you check what is in the fund. I am not sure but I think the Aussie high div may be just a mismash of the top 50. But do not quote me on that. Also check on the fees that they charge. You can also buy these funds directly on market (the Australian market offers this) and this will save you some of the fees, but might be a bit harder to drip feed money into them. I know superlife just piggy back on the back of the Vanguard products....
As far as how you want to mix things up that is up to you. Traditional theory will tell you that all you need to do is hold the All world ETF but some people are more comfortable with having more exposure to the country they live in and or a mixture of some bonds as well. -
06-09-2016, 07:18 AMjustakiwiThank you - that was really helpful!Quote:
Originally Posted by blackcap
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08-09-2016, 03:18 PMGTM 3442
What is "Gemino"?
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08-09-2016, 04:00 PMjustakiwiI don't see any mention of Gemino in this thread so I have no idea what you're asking (or why) ;)Quote:
Originally Posted by GTM 3442
Oh never mind. I see it now. Hadn't noticed it in that list before. -
08-09-2016, 04:22 PMHarvey SpecterFrom memory, Gemino is there very aggressive, actively managed fund.Quote:
Originally Posted by GTM 3442
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08-09-2016, 05:47 PMhuxleyIt's currently these securities:Quote:
Originally Posted by GTM 3442
PEB WDTPA BLT CAV WDT SRX ABA AWK PAY HXG TRU
IIL LCT AHZ LYC
:confused: