Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 0.69%
    • Johnson & Johnson 0.38%
    • Caterpillar Inc 0.12%
    • Thermo Fisher Scientific 0.10%
    • Thermo Fisher Scientific Inc 0.10%
    • Rio Tinto Ltd 0.06%
    • Wells Fargo & Co 0.04%
    • Wells Fargo & Company 0.04%
    • Motorola Solutions Inc 0.03%
    • Uber Technologies Inc 0.01%
    • 3M Co 0.04%
    • Corteva Inc 0.03%
    • Nufarm Ltd 0.02%
    • Fmc Corp 0.01%
    • Newcrest Mining Ltd 0.01%
    • Procter & Gamble Co/The 0.21%
    • Sherwin-Williams Co 0.09%
    • Unilever PLC-Sponsored Adr 0.08%
    • Colgate-Palmolive Co 0.07%
    • L'Oreal 0.07%
    • Shin-Etsu Chemical Co Ltd 0.05%
    • 3M Co 0.04%
    • Estee Lauder Companies-Cl A 0.04%
    • Hermes International 0.04%
    • Kering 0.04%
    • Ralph Lauren Corp 0.04%
    • Corteva Inc 0.03%
    • Coty Inc 0.03%
    • Dupont De Nemours Inc 0.03%
    • Ecolab Inc 0.03%
    • Givaudan-Reg 0.03%
    • PPG Industries Inc 0.03%
    • Tapestry Inc 0.03%
    • Nufarm Ltd 0.02%
    • Orica Ltd 0.02%
    • Akzo Nobel N.V. 0.01%
    • Clorox Company 0.01%
    • Covestro AG 0.01%
    • Fmc Corp 0.01%
    • Mosaic Co 0.01%
    • Walmart Inc 0.24%
    • Dick'S Sporting Goods 0.05%
    • Booz Allen Hamilton Holdings 0.04%
    • Amphenol Corp 0.03%
    • Transdigm Group Inc 0.03%
    • Caci International Inc -Cl A 0.02%
    • Brookfield Finance Inc 0.01%
    • Howmet Aerospace Inc 0.01%
    • Science Applications International Corp. 0.01%
    • Teledyne Technologies Inc 0.01%
    • Ventia Services Group Ltd. 0.01%
    • Contact Energy Ltd 0.43% 1.5°C
      This company is on a 1.5°C pathway
    • Genesis Energy Ltd 0.37%
    • Valero Energy Corp 0.10%
    • Fairfax Finl Hldgs Ltd 0.08%
    • Ampol Ltd 0.07%
    • Halliburton Co 0.06%
    • Loews Corp 0.06%
    • Marathon Petroleum Corp 0.06%
    • Rio Tinto Ltd 0.06%
    • Channel Infrastructure NZ Lt 0.05%
    • Viva Energy Group Ltd 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Enbridge Inc 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hf Sinclair Corp 0.03%
    • Iberdrola SA 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Phillips 66 Co 0.03%
    • Texas Pacific Land Corp 0.03%
    • Apa Group 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Consolidated Edison Inc 0.02%
    • Orica Ltd 0.02%
    • Constellation Energy 0.01%
    • E.On Se 0.01%
    • Enel Spa 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • Fairfax Financial Hldgs Ltd 0.01%
    • Monadelphous Group Ltd 0.01%
    • Pbf Energy Inc-Class A 0.01%
    • Perenti Finance Pty Ltd 0.01%
    • Sempra Energy 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30th Sept. 2023 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, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

About this fund

Designed for investors that want a balance between stability of returns and growth of their investment over the long term. Provides exposure to a diverse selection of global companies and income assets that align with our Responsible Investment Policy. We exclude assets that do not meet our socially responsible investment standards, and increase or decrease exposure to companies based on their environmental, social and governance (ESG) factors.

SuperLife provides KiwiSaver, investment, superannuation and insurance solutions to over 50,000 members. For over 15 years we have focused on what matters most to our members: a passive investment philosophy, low fees, flexibility, transparency and exceptional customer service. SuperLife is managed by Smartshares Limited, which is a wholly-owned subsidiary of NZX Limited.

Value $58.5M NZD
Period of data report 30th Sept. 2023
Members 1,639
Fund started 31st March 2008
Total annual fund fees 0.7%
Total performance based fees 0.0%
Manager's basic fee 0.68%
Other management and administration charges 0.02%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (7 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 5 months)

Stuart Kenneth Reginald Millar

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

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 1 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (7 years, 10 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th Sept. 2023.

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2023 -2.79% -5.43%
2022 0.71% 2.95%
2021 17.98% 27.91%
2020 -1.40% -3.76%
2019 5.81% 6.46%
2018 5.28% 2.57%
2017 5.86% 4.92%
2016 4.01% 11.24%
2015 11.09% 12.93%
2014 7.28% 3.72%

The market average is the average 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 30th Sept. 2023.

Top 10 Investments

  • Dimensional Global Sustainability Trust NZD Hedged Class
    Australia International Equities
    24.9%
  • Dimensional Global Sustainability Trust Unhedged Class
    Australia International Equities
    17.13%
  • Dimensional Global Bond Sustainability Trust NZD Class
    Australia Int Fixed Interest
    16.82%
  • Dimensional Australian Sustainability Trust
    Australia Australasian Equities
    4.29%
  • Vanguard International Property Securities Index Fund
    Australia Listed Property
    1.9%
  • New Zealand Government 3.50% 14/04/2033
    New Zealand NZ Fixed Interest AAA
    0.85%
  • New Zealand Government 4.50% 15/04/2027
    New Zealand NZ Fixed Interest AAA
    0.7%
  • New Zealand Government 0.50% 15/05/24
    New Zealand NZ Fixed Interest AAA
    0.65%
  • New Zealand Government 2.75% 15/04/2025
    New Zealand NZ Fixed Interest AAA
    0.64%
  • New Zealand Local Government Funding Agency 2.25% 15/04/24
    New Zealand Cash and Equivalents AAA
    0.59%
Type Target Actual
Cash and Cash Equivalents 8.0% 7.261953%
New Zealand Fixed Interest 15.0% 14.514329%
International Fixed Interest 17.0% 16.824967%
Australasian Equities 14.0% 13.870263%
International Equities 40.0% 42.025955%
Listed Properties 6.0% 5.502533%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th Sept. 2023.