Kiwisaver Strategy

[frostyboy]

Does anyone know of any provider that does more than 50% (ideally I want 100%) of overseas shares unhedged and Australian shares aren't included in that.

[lou]

Super life has a pool for overseas shares unhedged, they also have one pool for overseas shares hedged.

[p2r]

Man Gemino up 15% or so last few months, inconceivable!.

Yes I think having unhedged overseas shares in your kiwisaver is easy and balances your $NZ assets like bank deposits, australasian shares, your house and job.

With Superlife you can choose between 1 and 100% of any pool. There is also an emerging markets pool which meets the overseas unhedged criteria. I think the ethical fund has quite a lot of unhedged overseas shares and bonds - oh no only 25% at the moment. It's all there on the website.

Overseas shares is currently 50% US, 10% Japan. Mobil, Apple, IBM, Nestle, AT &T Microsoft, Chevron, General Electric etc

Emerging markets is in funds with in decending order 13% China, Brazil, India, Taiwan, Korea, South Africa 8%, Mexico, Russia, Poland

Anyway why are the Greens wanting the government to offer a cheap Kiwisaver option run in a non profit manner when there is Superlife which already does that?
And why don't PSIS & Kiwibank use Superlife who are the best and cheapest and local...?
In fact if the big default institutions used Superlife and charged their 3% and cost is 1% surely they would make more money? I don't know...

[lou]

@p2r crazy that Gemino is up %15. I would not think that I was expecting they would of had a horrible couple of months.

I personally have not been in the Gemino fund as I have been risk adverse the last couple of months. Crap, LOL.

Pacific Edge Biotech (PEB) holds 16.7% of Gemino's assets and they are up 38% the past month. So that is a big chunk of the gain. However they would still have to invested the other 83.3% well. So Cudos to them.

I like the emerging markets pool at superlife. It is quite hard to invest in emerging markets from NZ so this is an easy option


Discl: Superlife Pools;
25% Cash
25% NZ Bonds
25% Overseas Government Bonds
25% Overseas Bonds

[smpl]

KiwiWealth or Gareth Morgan Kiwisaver has a Growth investment direction which is 85% MSCI AC of which only 50% is hedged back to NZD.

This is the best fund out there.

Does anyone know of any provider that does more than 50% (ideally I want 100%) of overseas shares unhedged and Australian shares aren't included in that.

[huxley]

KiwiWealth or Gareth Morgan Kiwisaver has a Growth investment direction which is 85% MSCI AC of which only 50% is hedged back to NZD.

This is the best fund out there.

What are the fees on that fund? I see the Superlife overseas fund no longer passively tracks the MSCI ex AUST index since they've rolled the fund into their own ETF products.

BTW you're responding to a post from five years ago, hopefully they've already chosen a fund!

[mshierlaw]

KiwiWealth or Gareth Morgan Kiwisaver has a Growth investment direction which is 85% MSCI AC of which only 50% is hedged back to NZD.

This is the best fund out there.

I got one of these, in the last 12 months it has lost money. I would have agreed with you 12 months ago.

[Valuegrowth]

Among kiwi savor providers, which ones will manage funds prudently with minimum risk?
Which providers will give you the opportunity to manage your own kiwi savor money yourself?
Thanks.

[Vagabond47]

Among kiwi savor providers, which ones will manage funds prudently with minimum risk?
Which providers will give you the opportunity to manage your own kiwi savor money yourself?
Thanks.

None of them. They are all managed funds of some sort, you have little direct control over the fine grain details of where your money is invested, and they all diversify to reduce risk. If you are that worried about managing it yourself, just put the bare minimum to get the "free" govt money (I think it's $1043? to get $512) into one and invest the rest of your money elsewhere yourself where you have complete control.

[Investor]

None of them. They are all managed funds of some sort, you have little direct control over the fine grain details of where your money is invested, and they all diversify to reduce risk. If you are that worried about managing it yourself, just put the bare minimum to get the "free" govt money (I think it's $1043? to get $512) into one and invest the rest of your money elsewhere yourself where you have complete control.

$1,042.86 to receive $521.43 MTC. The Kiwisaver year is 1 Jul - 30 Jun