Fund performance as at 31 December 2025

Monthly Performance Report

Cook Islands National Superannuation Fund

31 December 2025

Asset Values – Normative

Based on Reference Portfolio – As of 31 December 2025

  Conservative ($) Balanced (Default) ($) Growth ($) Total ($)
Growth Assets 4,184,333 161,810,781 39,076,967 205,072,081
SuperLife Invest Total World Fund 2,092,167 80,905,390 19,538,483 102,536,041
SuperLife Invest Total World Fund (NZD Hedged) 2,092,167 80,905,390 19,538,483 102,536,041
Income Assets 9,763,445 107,873,854 9,769,242 127,406,540
SuperLife Invest Global Aggregate Bond Fund 9,763,445 107,873,854 9,769,242 127,406,540
Cash
Asset Total 13,947,778 269,684,635 48,846,208 332,478,621

Asset Returns

Performance – Periods ended 31 December 2025

Asset Class Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
SuperLife Invest Total World Fund (%) 2.16 -1.91 -4.27 -3.99 5.02 2.61 -0.24 0.56 0.77 0.70 0.05 0.54 17.89
SuperLife Invest Total World Fund (NZD Hedged) (%) 2.51 -2.22 -3.37 -1.16 5.74 3.42 2.51 2.54 3.71 2.47 -0.13 1.45 18.49
SuperLife Invest Global Aggregate Bond Fund (%) 0.14 0.83 -0.37 0.61 -0.26 0.71 4.37 3.66 5.97 2.78 0.25 -0.43 3.1

Interim Crediting Rate – Member investment choice

Interim Crediting Rate is Net of fees and costs

Investment Option Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
Conservative (%) 1.14 -0.13 -1.48 0.09 1.50 1.39 0.97 1.30 1.17 1.48 0.01 -0.12 7.51
Balanced (Default) (%) 2.05 -1.00 -2.52 -0.69 3.00 2.00 1.96 2.00 1.91 2.03 0.14 0.16 11.45
Growth (%) 2.66 -1.54 -3.16 -1.11 4.01 2.36 2.54 2.38 2.29 2.27 0.19 0.28 13.73

Asset Class descriptions

SuperLife Invest Total World Fund The Total World Fund invests in the Smartshares Exchange Traded Funds’ Total World Fund
SuperLife Invest Total World Fund (NZD Hedged) Total World Fund (NZD Hedged) tracks the return (before tax, fees and other expenses) on the FTSE Global All Cap Index (100% NZD Hedged)
SuperLife Invest Global Aggregate Bond Fund Global Aggregate Bond Fund tracks the return (before tax, fees and other expenses) on the Bloomberg Global Aggregate Total Return Index Hedged NZD

Full report here.

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