SuperLife Overseas Non-Government Bonds Fund

In their own words: "The Overseas Non-government Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on international non-government bond markets of developed economies."

At a glance:

Not Mindful
Type: Defensive fund
Past Returns: *2.27%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 0.54%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2473
Name SuperLife Overseas Non-Government Bonds Fund
Risk profile Defensive fund
Description The Overseas Non-government Bonds Fund is designed to provide a return (after tax, fees and other expenses) that reflects the after-tax return on international non-government bond markets of developed economies.
Value $18M NZD
Members 2,390
Market index description Bloomberg Barclays Global Aggregate Government-Related and Corporate Index (100% hedged to the New Zealand dollar)
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Wed Oct. 24th 2007
Three-year average return *2.27%
Market index past year return 10.32%
Past year return net charges and tax 7.22%
Past year return net of charges gross of tax 10.15%
Market index return since fund started 6.99%
Return since fund started net 4.21%
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.34%
Administration charges 0.2%
Total other charges 30.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 2.26% 3.09%
2018 2.15% 1.45%
2017 1.38% 2.82%
2016 2.64% 0.06%
2015 4.66% 7.69%
2014 2.00% 1.63%
2013 3.15% 6.13%
2012 3.62% 7.67%
2011 3.17% 3.8%
2010 3.39% 7.37%

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    98.44%
  • Westpac Current Account
    New Zealand Cash and Equivalents A-1+
    1.4%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 1.4%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 99.0% 98.6%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Alister John Williams

    Currently: Director (3 years, 10 months)
    Previously: Investment Manager - Trust Management (4 years, 8 months)

  • Guy Roulston Elliffe

    Currently: Director (3 years, 10 months)
    Previously: Corporate Governance Manager - ACC (4 years, 5 months)

  • Hugh Duncan Stevens

    Currently: Chief Executive Officer - Smartshares (1 years, 7 months)
    Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

  • Stuart Kenneth Reginald Millar (New)

    Currently: Chief Investment Office - Smartshares (0 years, 4 months)
    Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.16%
  • Animal Testing:
    3.30%
  • Fossil Fuels:
    5.19%
  • Gambling:
    0.04%
  • GMOs:
    0.55%
  • Human Rights & Environmental Violations:
    1.18%
  • Palm Oil:
    0.07%
  • Tobacco:
    0.61%
  • Weapons:
    0.81%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Fossil Fuel

Sasol Financing International Ltd. 0.07%
Petroleos Mexicanos 0.02%
Sinopec Capital 2013 Ltd. 0.05%
Cnooc Finance 2012 Ltd. 0.04%
Abu Dhabi National Energy Co. Pjsc 0.04%
Shell International Finance Bv 0.02%
Sinopec Group Overseas Development 2017 Ltd. 0.03%
Total Sa 0.02%
Equinor Asa 0.02%
Kinder Morgan Energy Partners Lp 0.02%
Nederlandse Gasunie Nv 0.04%
BHP Billiton Finance Usa Ltd. 0.02%
Bp Capital Markets Plc 0.02%
Gazprom Neft Oao Via Gpn Capital Sa 0.04%
Cnooc Finance 2015 Usa Llc 0.03%
Lyb International Finance Ii Bv 0.02%
Eog Resources Inc. 0.03%
Lyondellbasell Industries Nv 0.03%
Ongc Videsh Ltd. 0.03%
Sinopec Group Overseas Development 2018 Ltd. 0.03%
Eni Spa 0.02%
Lukoil International Finance Bv 0.03%
Korea Gas Corp. 0.03%
Sinopec Group Overseas Development 2012 Ltd. 0.03%
Chevron Corp. 0.02%
Anglo American Capital Plc 0.02%
Bluestar Finance Holdings Ltd. 0.03%
Suncor Energy Inc. 0.03%
Phillips 66 0.02%
Omv Ag 0.02%
Bg Energy Capital Plc 0.02%
Glencore Finance Canada Ltd. 0.02%
Exxon Mobil Corp. 0.02%
Ecopetrol Sa 0.02%
Apt Pipelines Ltd. 0.02%
Enbridge Inc. 0.02%
Marathon Petroleum Corp. 0.02%
Kinder Morgan Inc./De 0.02%
Gazprom Oao Via Gaz Capital Sa 0.02%
Conocophillips Holding Co. 0.02%
Glencore Finance Europe Ltd. 0.02%
Total Capital International Sa 0.02%
Cargill Inc. 0.02%
Engie Sa 0.02%
Occidental Petroleum Corp. 0.02%
Bp Capital Markets America Inc. 0.02%
Glencore Funding Llc 0.02%
Suez 0.02%
Energy Transfer Partners Lp / Regency Energy Finance Corp. 0.02%
Encana Corp. 0.02%
Enagas Financiaciones Sau 0.02%
Enbridge Energy Partners Lp 0.02%
Energy Transfer Operating Lp 0.02%
Snam Spa 0.02%
Oneok Inc. 0.02%
Repsol International Finance Bv 0.02%
Conocophillips Co. 0.02%
Chevron Phillips Chemical Co Llc / Chevron Phillips Chemical Co Lp 0.02%
Marathon Oil Corp. 0.02%
Sunoco Logistics Partners Operations Lp 0.02%
Mplx Lp 0.02%
Devon Energy Corp. 0.02%
Conocophillips 0.02%
Apache Corp. 0.02%
Eqm Midstream Partners Lp 0.02%

Weapons

United Technologies Corp. 0.02%
Honeywell International Inc. 0.02%
Babcock International Group Plc 0.02%
Airbus Finance Bv 0.02%
G4S International Finance Plc 0.02%
Rolls-Royce Plc 0.02%
Northrop Grumman Corp. 0.02%
Boeing Co. 0.02%

Tobacco

Philip Morris International Inc. 0.02%
Bat International Finance Plc 0.02%
Imperial Brands Finance Plc 0.02%
Jt International Financial Services Bv 0.02%
Altria Group Inc. 0.02%
Reynolds American Inc. 0.02%

Gambling

Sands China Ltd. 0.03%

Alcohol

Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.02%
Anheuser-Busch Inbev Sa/Nv 0.02%
Heineken Nv 0.02%
Anheuser-Busch Inbev Worldwide Inc. 0.02%
Pernod Ricard Sa 0.02%
Altria Group Inc. 0.02%
Carlsberg Breweries A/S 0.02%
Diageo Investment Corp. 0.02%
Lvmh Moet Hennessy Louis Vuitton Se 0.02%
Molson Coors Brewing Co. 0.02%
Asahi Group Holdings Ltd. 0.02%
Diageo Finance Plc 0.02%
Bacardi Ltd. 0.02%

Palm Oil

Cargill Inc. 0.02%
Brown & Brown Inc. 0.01%

GMOs

Syngenta Finance Nv 0.02%
Novartis Capital Corp. 0.02%
Novartis Ag 0.03%
Jt International Financial Services Bv 0.02%
Cargill Inc. 0.02%
Basf Se 0.02%
Dupont De Nemours Inc. 0.02%
Bayer Capital Corp. Bv 0.02%
Novartis Finance Sa 0.02%
Bayer Ag 0.02%

Human Rights & Environmental Violations

Johnson & Johnson 0.02%
Shell International Finance Bv 0.02%
Nestle Finance International Ltd. 0.02%
BHP Billiton Finance Usa Ltd. 0.02%
Vale Overseas Ltd. 0.04%
Adani Ports & Special Economic Zone Ltd. 0.03%
Nestle Holdings Inc. 0.02%
Bg Energy Capital Plc 0.02%
Glencore Finance Canada Ltd. 0.02%
Glencore Finance Europe Ltd. 0.02%
Barrick Gold Corp. 0.02%
Glencore Funding Llc 0.02%
Duke Energy Corp. 0.02%
Archer-Daniels-Midland Co. 0.02%
Bunge Finance Europe Bv 0.02%
Mmc Norilsk Nickel Ojsc Via Mmc Finance Dac 0.02%
Southern Copper Corp. 0.02%
Sempra Energy 0.02%

Animal Testing

Bayer US Finance Ii Llc 0.020%
Philip Morris International Inc. 0.020%
Johnson & Johnson 0.020%
Shell International Finance Bv 0.020%
Reckitt Benckiser Treasury Services Plc 0.039%
Unilever Nv 0.039%
Coca-Cola Co. 0.020%
Glaxosmithkline Capital Plc 0.020%
Nestle Finance International Ltd. 0.020%
Bat International Finance Plc 0.020%
Glaxosmithkline Capital Inc. 0.030%
Syngenta Finance Nv 0.020%
Imperial Brands Finance Plc 0.020%
Procter & Gamble Co. 0.020%
Nestle Holdings Inc. 0.020%
Bg Energy Capital Plc 0.020%
Danone Sa 0.020%
Cargill Inc. 0.020%
Basf Se 0.020%
Honeywell International Inc. 0.020%
Pepsico Inc. 0.020%
Argentum Netherlands Bv For Zurich Insurance Co. Ltd. 0.020%
Praxair Inc. 0.020%
Altria Group Inc. 0.020%
Bayer Capital Corp. Bv 0.020%
Unilever Plc 0.020%
Coca-Cola European Partners Plc 0.020%
Air Liquide Finance Sa 0.020%
Arkema Sa 0.020%
Ecolab Inc. 0.020%
Akzo Nobel Nv 0.020%
Koninklijke Dsm Nv 0.020%
Archer-Daniels-Midland Co. 0.020%
Ppg Industries Inc. 0.020%
Lvmh Moet Hennessy Louis Vuitton Se 0.020%
Bayer Ag 0.020%
Unilever Capital Corp. 0.020%
Estee Lauder Cos. Inc. 0.020%
Walgreens Boots Alliance Inc. 0.020%

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.