INVESTMENT RETURNS
The investment returns of the share sectors for the month of September were negative but cash and bonds were positive. The outcomes for September were in contrast to the month of February 2015. In February, the monthly returns of shares were positive, and the returns from bonds were negative.
September and February remind us, that when we invest for the long-term, the returns over shorter periods are sometimes positive, and sometimes negative. Longer term, the positives tend to offset the negatives and we get a positive outcome. This is illustrated by the returns over the last 6 years.
Over the last 6 years (72 months) the characteristics of the SuperLife after-tax and after-fees returns, for the main types of assets have been:
DID YOU KNOW...
Life insurance
If you have a need for insurance payable on your death, SuperLife may be the answer. You can get cover through SuperLife. For example, $250,000 of cover for a 40 year old female, who does not smoke, is $3.09 a week. To see the premium rates at all ages go to http://superlife.co.nz/costs.html or phone SuperLife for a quote.
Buying your first home
The rules for taking money out of KiwiSaver to help buy your first home, let you take out the balance less $1,000. You may also qualify for the government’s HomeStart grant. Details are on the SuperLife website.
Take your superannuation or KiwiSaver benefit as an income in retirement
When you reach retirement, as an alternative to taking your benefit as a lump sum, you can continue to invest it and take it out as a regular income, or series of lump sums to suit your personal needs. For details check out the booklet “Thinking about your retirement”.
myFutureFund - Saving for a child’s education
myFutureFund, under SuperLife, lets you save for a child’s future education costs. You can save as little or as much as suits your circumstances. myFutureFund is a good option for aunts, uncles, grandparents and parents to save for a child, as an alternative to giving a Christmas present.
Cash returns
With interest rates having fallen, the bank deposit rates that investors receive on term deposits have also reduced. Members looking to invest in cash investments may find that there is a return and flexibility advantage in using the SuperLife Cash Fund, as an alternative to a bank deposit.
Performance
