Superlife "Mix your own"

[justakiwi]

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.