SuperLife Ethica

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Mindful Fund
Type: Balanced fund
Past Returns: 1.76%

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

Annual Fees: 0.7%

Annual fees, including management and administration fees, but not membership fee.

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.


Fossil Fuel

Alleghany Corp 0.01%
Ampol Ltd 0.04%
Apa Group 0.02%
Atmos Energy Corp 0.01%
Coca-Cola Amatil Ltd 0.03%
Coca-Cola Co/The 0.13%
Coca-Cola Co/The 1.125000% 03/09/2027 0.02%
Coca-Cola Co/The 1.875000% 09/22/2026 0.01%
Enagas SA 0.01%
Enbridge Inc 0.01%
Genesis Energy Ltd 0.15%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.27%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.13%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.07%
Iberdrola SA 0.03%
Neste Oyj 0.02%
New Zealand Refining Co Ltd 0.02%
Orsted A/S 0.01%
Parkland Corp 0.01%
Phillips 66 0.01%
Rio Tinto Ltd 0.05%
Ugi Corp 0.01%
Upm-Kymmene Oyj 0.01%
Valero Energy Corp 0.02%
Viva Energy Group Ltd 0.02%

Weapons

Lear Corp 0.01%
Teledyne Technologies Inc 0.02%
Transdigm Group Inc 0.02%

Tobacco

Alimentation Couche-Tard -B 0.01%
Casey'S General Stores Inc 0.01%
Seven & I Holdings Co Ltd 0.01%

Gambling

Alcohol

Coca-Cola Amatil Ltd 0.03%
LVMH Moet Hennessy Louis Vui 0.14%

GMOs

Corteva Inc 0.02%

Human Rights & Environmental Violations

Johnson & Johnson 0.31%
Johnson & Johnson 2.450000% 03/01/2026 0.03%
Rio Tinto Ltd 0.05%

Animal Testing

Albemarle Corp 0.020%
Arkema 0.020%
Axalta Coating Systems Ltd 0.020%
Celanese Corp 0.010%
Chr Hansen Holding A/S 0.010%
Church & Dwight Co Inc 0.020%
Clorox Company 0.020%
Clorox Company 3.900000% 05/15/2028 0.020%
Coca-Cola Amatil Ltd 0.030%
Coca-Cola Co/The 0.130%
Coca-Cola Co/The 1.125000% 03/09/2027 0.020%
Coca-Cola Co/The 1.875000% 09/22/2026 0.020%
Colgate-Palmolive Co 0.030%
Corteva Inc 0.020%
Covestro AG 0.020%
Danone 0.020%
Dow Inc 0.020%
Ecolab Inc 0.090%
Estee Lauder Co Inc 2.600000% 04/15/2030 0.080%
Estee Lauder Companies-Cl A 0.060%
Fmc Corp 0.020%
General Mills Inc 0.050%
General Mills Inc 4.200000% 04/17/2028 0.020%
Givaudan-Reg 0.020%
Glaxosmithkline Capital 1.250000% 05/21/2026 0.020%
Glaxosmithkline Capital 5.250000% 12/19/2033 0.110%
Glaxosmithkline PLC 0.030%
Hermes International 0.020%
Hp Inc 0.020%
Hp Inc 3.400000% 06/17/2030 0.130%
Ingersoll-Rand Inc 0.010%
Intl Flavors & Fragrances 0.020%
Johnson & Johnson 0.320%
Johnson & Johnson 2.450000% 03/01/2026 0.030%
Johnson Matthey PLC 0.010%
Kao Corp 0.010%
Kellogg Co 0.020%
Kellogg Co 7.450000% 04/01/2031 0.020%
Koninklijke Dsm Nv 0.020%
Kraft Heinz Co/The 0.020%
L'Oreal 0.050%
LVMH Moet Hennessy Louis Vui 0.150%
Novozymes A/S-B Shares 0.020%
Nufarm Ltd 0.020%
Pepsico Inc 0.100%
PPG Industries Inc 0.040%
PPG Industries Inc 3.750000% 03/15/2028 0.010%
Procter & Gamble Co/The 0.190%
Procter & Gamble Co/The 1.125000% 11/02/2023 0.040%
Procter & Gamble Co/The 1.250000% 10/25/2029 0.050%
Procter & Gamble Co/The 1.800000% 05/03/2029 0.020%
Procter & Gamble Co/The 2.000000% 08/16/2022 0.020%
Reckitt Benckiser Group PLC 0.040%
Rpm International Inc 0.010%
Scotts Miracle-Gro Co 0.020%
Seven & I Holdings Co Ltd 0.020%
Sherwin-Williams Co/The 0.090%
Shin-Etsu Chemical Co Ltd 0.020%
Shiseido Co Ltd 0.020%
Symrise AG 0.010%
Tesco PLC 0.020%
Umicore 0.010%
Unilever N V -Ny Shares 0.090%
Unilever Nv 1.625000% 02/12/2033 0.040%
Unilever PLC 0.020%
Unilever PLC-Sponsored Adr 0.040%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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.

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
2020 -1.89% -3.76%
2019 5.68% 6.46%
2018 5.63% 2.57%
2017 6.10% 4.92%
2016 4.01% 11.24%
2015 11.09% 12.93%
2014 7.28% 3.72%
2013 10.75% 11.17%
2012 1.75% -0.04%
2011 5.30% 4.28%

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 Thu Dec. 31st 2020.

Showing the top 10 investments for this fund:

  • Dimensional Global Sustainability Trust NZD Hedged
    Australia International Equities
    30.1%
  • Dimensional Global Bond Sustainability Trust NZD
    Australia Int Fixed Interest
    25.47%
  • Dimensional Global Sustainability Trust - Unhedged Class Units
    Australia International Equities
    7.83%
  • Dimensional Australian Sustainability Trust
    Australia Australasian Equities
    3.98%
  • Vanguard International Property Securities Index Fund Hedged
    Australia Listed Property
    3.69%
  • Westpac NZD Current Account
    New Zealand Cash and Equivalents AA-
    1.9766%
  • New Zealand Government 20/09/25 2.0% Ib
    New Zealand NZ Fixed Interest AA+
    0.8421%
  • Meridian Energy Ltd
    New Zealand Australasian Equities
    0.5646%
  • Fletcher Building Ltd
    New Zealand Australasian Equities
    0.5624%
  • Chorus Ltd
    New Zealand NZ Fixed Interest
    0.546%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Thu Dec. 31st 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 3.2%
New Zealand Fixed Interest 13.0% 11.39%
International Fixed Interest 26.0% 25.41%
Australasian Equities 14.5% 16.59%
International Equities 38.0% 37.82%
Listed Properties 7.5% 5.59%
Unlisted Properties 0.0% 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 Thu Dec. 31st 2020.

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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.19%
  • Animal Testing:
    3.38%
  • Fossil Fuels:
    1.42%
  • Gambling:
    0.01%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    0.43%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.06%
  • Weapons:
    0.26%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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.

In their own words

"Invests in a mix of income and growth assets and designed for investors that want a balanced investment option. A socially responsible fund which excludes assets that do not meet the fund's defined ethical investment standards. Negative annual returns may occur once in every 5-7 years on average."

Value $47M NZD
Period of data report Thu Dec. 31st 2020
Members 1,554
Fund started Mon March 31st 2008
Total annual fund fees 0.7%
Total performance based fees 0.0%
Manager's basic fee 0.69%
Administration charges 0.01%
Total other charges 30.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (5 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (5 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (1 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

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

Alister John Williams

Currently: Director (5 years, 1 months)
Previously: Investment Manager - Trust Management (5 years, 11 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu Dec. 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.