Lifetime Overseas Shares Fund

Lifetime Overseas Shares Fund

   

The Lifetime Overseas Shares Fund (Fund) is a single sector fund that provides exposure to International Equities. The Fund invests 100% into growth assets (International Equities). The Fund seeks to track the MSCI World ex Australia ESG Screened Index, 50% hedged to NZD. It does this through investing 100% into the Smart Wholesale Global Equity ESG Fund and Smart Wholesale Global Equity ESG Fund Hedged

Underlying Managers & Target Asset Allocations

The table below sets out the target asset allocation and underlying investment managers for the Fund.

 

Asset Class	Underlying Fund Managers	Underlying Fund	Benchmark Asset Allocation
International Equities	Smartshares	Smart Wholesale Global Equity ESG Fund, 50% Hedged to NZD	100%

 

The ‘AMP International Shares Fund’, the ‘AMP International Shares Fund No.2’, and the ‘AMP International Shares Fund No.3’ were renamed the ‘Lifetime Overseas Shares Fund’, the ‘Lifetime Overseas Shares Fund No.2’, and the ‘Lifetime Overseas Shares Fund No.3’ respectively when Lifetime Asset Management acquired the Scheme on 30 September 2023.