SuperLife Conservative

In their own words: "Invests mostly in income assets. Designed for investors that want a conservative investment option. Negative annual returns may occur once in every 7-10 years on average."

At a glance:

Not Mindful
Type: Conservative fund
Past Returns: 4.95%

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

Annual Fees: 0.57%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2477
Name SuperLife Conservative
Risk profile Conservative fund
Description Invests mostly in income assets. Designed for investors that want a conservative investment option. Negative annual returns may occur once in every 7-10 years on average.
Value $15M NZD
Members 395
Market index description weighted average annual return of the market indices used to measure the performance of the assets that the fund invests in
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Mon Nov. 15th 2010
Three-year average return 4.95%
Market index past year return 12.99%
Past year return net charges and tax 9.83%
Past year return net of charges gross of tax 11.82%
Market index return since fund started 7.39%
Return since fund started net 4.93%
Total annual fund fees 0.57%
Total performance based fees 0.0%
Manager's basic fee 0.47%
Administration charges 0.1%
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 4.40% 5.67%
2018 3.80% 3.27%
2017 4.16% 5.91%
2016 3.52% 3.98%
2015 8.10% 8.31%
2014 3.88% 1.91%
2013 6.92% 8.71%
2012 3.16% 2.5%

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
    21.76%
  • Ishares Core Global Aggregate Bond Ucits ETF NZD Hedged (Acc)
    Ireland Int Fixed Interest
    5.53%
  • Vanguard International Property Securities Index Fund Hedged
    Australia Listed Property
    3.68%
  • Vanguard S&P 500 ETF
    United States International Equities
    2.83%
  • Westpac Current Account
    New Zealand Cash and Equivalents A-1+
    2.59%
  • Vanguard FTSE Europe ETF
    United States International Equities
    2.54%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    1.84%
  • New Zealand Government 20/09/25 2.0% Ib
    New Zealand NZ Fixed Interest AA+
    1.65%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    1.63%
  • New Zealand Local Government Funding Agency 14/04/33 3.50% Gb
    New Zealand NZ Fixed Interest AA+
    1.39%

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% 3.08%
New Zealand Fixed Interest 24.0% 23.64%
International Fixed Interest 45.0% 43.45%
Australasian Equities 6.5% 8.5%
International Equities 16.0% 15.77%
Listed Properties 7.5% 5.56%
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 (4 years, 1 months)
    Previously: Investment Manager - Trust Management (4 years, 11 months)

  • Guy Roulston Elliffe

    Currently: Director (4 years, 1 months)
    Previously: Corporate Governance Manager - ACC (current position) (4 years, 8 months)

  • Hugh Duncan Stevens

    Currently: Chief Executive Officer - Smartshares (1 years, 10 months)
    Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

  • Stuart Kenneth Reginald Millar

    Currently: Chief Investment Officer - Smartshares (0 years, 7 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:
    0.49%
  • Animal Testing:
    2.23%
  • Fossil Fuels:
    2.71%
  • Gambling:
    0.29%
  • GMOs:
    0.29%
  • Human Rights & Environmental Violations:
    0.93%
  • Palm Oil:
    0.04%
  • Tobacco:
    %
  • Weapons:
    0.47%

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

BHP Billiton Ltd 0.17%
Woodside Petroleum Ltd 0.07%
Petrobras Global Finance Bv 15/01/30 5.093% Cb 0.06%
Nextera Energy Capital Holdings Inc 25/02/22 3.35% Cb 0.04%
South32 Ltd 0.03%
Andeavor Logistics Lp 15/10/19 5.50% Cb 0.03%
Eqt Corp 01/10/20 2.50% Cb 0.03%
Enbridge Inc 10/01/20 Frn 0.03%
Dominion Energy Gas Holdings Llc 15/06/21 Frn 0.03%
Petrobras Global Finance Bv 17/03/44 7.25% Cb 0.02%
Energy Transfer Partner Lp 15/04/24 4.50% Cb 0.01%
Enbridge Inc 15/06/20 Frn 0.01%
Eqt Corp 01/10/22 3.00% Cb 0.01%
Origin Energy Ltd 0.01%
Beach Energy Ltd 0.01%
Santos Ltd 0.01%
Caltex Australia Ltd 0.01%
Oil Search Ltd 0.01%
Whitehaven Coal Ltd 0.01%
Washington H Soul Pattinson & Co Ltd 0.01%
Apa Group 0.01%
Petrobras Global Finance 17/01/22 6.125% Cb 0.01%
Sasol Financing International Ltd. 0.02%
Petroleos Mexicanos 0.01%
Sinopec Capital 2013 Ltd. 0.01%
Exxon Mobil Corporation 0.03%
Chevron Corporation 0.02%
Nextera Energy, Inc. 0.01%
Total Sa 0.01%
Bp P.L.C. 0.03%
Royal Dutch Shell Plc Class B 0.03%
Royal Dutch Shell Plc Class A 0.03%
BHP Group Plc 0.01%
Reliance Industries Limited 0.02%
BHP Group Ltd 0.02%
Bp Plc 0.01%

Weapons

United Technologies Corp 16/08/21 3.35% Cb 0.01%
Boeing Company 0.02%
Honeywell International Inc. 0.01%
United Technologies Corporation 0.01%
Lockheed Martin Corporation 0.01%
Airbus Se 0.02%
Safran S.A. 0.01%

Gambling

Skycity Entertainment Group Ltd 0.14%
Sands China Ltd 08/08/28 5.4% Cb 0.03%
Tabcorp Holdings Ltd 0.03%
Crown Resorts Ltd 0.01%
Star Entertainment Group Ltd 0.01%

Alcohol

Bacardi Ltd 15/01/21 4.5% Cb 0.01%
Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.01%
Altria Group Inc 0.01%
Lvmh Moet Hennessy Louis Vuitton Se 0.03%
Diageo Plc 0.02%
Anheuser-Busch Inbev Sa/Nv 0.01%

Palm Oil

GMOs

Syngenta Finance Ag 24/04/20 3.698% Cb 0.04%
Novartis Ag 0.05%
Bayer Ag 0.02%
Basf Se 0.02%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.17%
Johnson & Johnson 0.01%
Chevron Corporation 0.02%
Nestle S.A. 0.08%
Royal Dutch Shell Plc Class B 0.03%
Royal Dutch Shell Plc Class A 0.03%
BHP Group Plc 0.01%
BHP Group Ltd 0.01%
Nestle Sa 0.03%

Animal Testing

Reckitt Benckiser Treasury Services Plc 24/06/22 2.375% Cb 0.080%
Tesco Property Finance Plc 13/07/44 Sf 0.080%
Syngenta Finance Ag 24/04/20 3.698% Cb 0.040%
International Flavors and Fragrances Inc 25/09/20 3.40% Cb 0.040%
Bayer US Finance Ii Llc 15/12/28 4.375% Cb 0.030%
Danone Sa 02/11/21 2.077% Cb 0.030%
General Mills Inc 16/04/21 Frn 0.010%
Bayer US Finance Ii Llc 0.013%
Johnson & Johnson 0.011%
Procter & Gamble Company 0.032%
Chevron Corporation 0.022%
Coca-Cola Company 0.021%
Pepsico, Inc. 0.019%
Philip Morris International Inc. 0.013%
Honeywell International Inc. 0.013%
Nestle S.A. 0.077%
Glaxosmithkline Plc 0.028%
Royal Dutch Shell Plc Class B 0.027%
Lvmh Moet Hennessy Louis Vuitton Se 0.027%
Royal Dutch Shell Plc Class A 0.026%
Unilever Nv 0.021%
British American Tobacco P.L.C. 0.019%
Bayer Ag 0.018%
Basf Se 0.017%
L'Oreal Sa 0.017%
Unilever Plc 0.016%
Danone Sa 0.012%
Reckitt Benckiser Group Plc 0.012%
Nestle Sa 0.027%
Lvmh 0.011%

Download the fund's disclosure statement and portfolio holdings.

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