Funds
SuperLife Overseas Non-Government Bonds Fund
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Shell International Finance Bv 0.20%
- Exxon Mobil Corp. 0.19%
- Total Capital International SA 0.19%
- Enel Finance International Nv 0.13%
- Saudi Arabian Oil Co 0.13%
- BP Capital Markets PLC 0.11%
- BP Capital Markets America Inc. 0.09%
- Engie SA 0.09%
- Berkshire Hathaway Energy Co 0.08%
- Enel Spa 0.08%
- Energy Transfer Operating Lp 0.08%
- Eni Spa 0.08%
- National Grid PLC 0.07%
- Abu Dhabi National Energy Co 0.06%
- Anglo American Capital PLC 0.06%
- Cnooc Finance 2015 Usa Llc 0.06%
- Equinor Asa 0.06%
- Iberdrola SA 0.06%
- Indonesia Asahan Aluminium Persero 0.06%
- Korea Gas Corp. 0.06%
- Nederlandse Gasunie Nv 0.06%
- Nextera Energy Capital Holdings In 0.06%
- Pertamina Persero Pt 0.06%
- Phillips 66 0.06%
- Reliance Industries Ltd. 0.06%
- Sinochem Offshore Capital Co Ltd. 0.06%
- Aker BP Asa 0.05%
- Chevron Corp. 0.05%
- Ck Hutchison International 17 Ii L 0.05%
- Galaxy Pipeline Assets Bidco Ltd. 0.05%
- Minejesa Capital Bv 0.05%
- OMV AG 0.05%
- Pacificorp 0.05%
- Perusahaan Listrik Negara Pt 0.05%
- Rwe AG 0.05%
- SA Global Sukuk Ltd. 0.05%
- Saudi Electricity Global Sukuk Co 0.05%
- Snam Spa 0.05%
- Sunoco Logistics Partners Operatio 0.05%
- Thaioil Treasury Center Co Ltd. 0.05%
- Vattenfall Ab 0.05%
- Vier Gas Transport Gmbh 0.05%
- Eqt Corp. 0.04%
- Kazmunaygas National Co Jsc 0.04%
- Mplx Lp 0.04%
- Oneok Inc. 0.04%
- Skymiles Ip Ltd. 0.04%
- Southern Company (The) 0.04%
- Southern Power Co. 0.04%
- A2A Spa 0.03%
- American Electric Power Company In 0.03%
- Arcelormittal SA 0.03%
- BHP Billiton Finance Ltd. 0.03%
- Cassa Depositi E Prestiti Spa 0.03%
- Centrica PLC 0.03%
- Cez As 0.03%
- Ck Hutchison Europe Finance (18) L 0.03%
- Ck Hutchison Group Telecom Finance 0.03%
- Edp - Energias De Portugal SA 0.03%
- Enbridge Inc. 0.03%
- Enbw Energie Baden Wuerttemberg AG 0.03%
- Enbw International Finance Bv 0.03%
- Eqt Ab 0.03%
- Glencore Finance Europe SA 0.03%
- Iberdrola International Bv 0.03%
- National Grid North America Inc. 0.03%
- Nrg Energy Inc. 0.03%
- Repsol International Finance Bv 0.03%
- Sinopec Capital (2013) Ltd. 0.03%
- Total SA 0.03%
- Vale SA 0.03%
- Wintershall Dea Finance Bv 0.03%
- Aes Corporation (The) 0.02%
- Ameren Corp. 0.02%
- Canadian Natural Resources Ltd. 0.02%
- Ccep Finance Ireland Designated Ac 0.02%
- Colbun SA 0.02%
- Conocophillips 0.02%
- Conocophillips Holding Co 0.02%
- Continental Resources Inc. 0.02%
- Devon Energy Corp. 0.02%
- Diamondback Energy Inc. 0.02%
- Dominion Energy Inc. 0.02%
- Duke Energy Corp. 0.02%
- Empresa Nacional Del Petroleo Enap 0.02%
- Enel Finance International SA 0.02%
- Enterprise Products Operating Llc 0.02%
- Esb Finance Dac 0.02%
- Evergy Inc. 0.02%
- Iberdrola Finanzas Sau 0.02%
- Kinder Morgan Inc. 0.02%
- Lyb International Finance Iii Llc 0.02%
- Lyondellbasell Industries Nv 0.02%
- Midamerican Energy Co. 0.02%
- National Grid Gas PLC 0.02%
- Nisource Inc. 0.02%
- Southern Company Gas Capital Corp. 0.02%
- Suncor Energy Inc. 0.02%
- Vale Overseas Ltd. 0.02%
- Xcel Energy Inc. 0.02%
Weapons
- Boeing Co 0.19%
- Raytheon Technologies Corp. 0.09%
- United Technologies Corp. 0.07%
- Airbus Se 0.06%
- Walmart Inc. 0.06%
- Corporacion Financiera De Desarrol 0.05%
- Honeywell International Inc. 0.05%
- Wal-Mart Stores Inc. 0.04%
- Safran SA 0.03%
- Bae Systems PLC 0.02%
- Lockheed Martin Corp. 0.02%
- Northrop Grumman Corp. 0.02%
- Teledyne Technologies Inc. 0.02%
Tobacco
- Bat International Finance PLC 0.08%
- Bat Capital Corp. 0.07%
- Philip Morris International Inc. 0.07%
- Reynolds American Inc. 0.07%
- Altria Group Inc. 0.04%
- Imperial Brands Finance PLC 0.03%
- Imperial Brands Finance Netherland 0.02%
Gambling
- Vici Properties Lp 0.04%
Alcohol
- Anheuser-Busch Inbev Worldwide Inc. 0.11%
- Constellation Brands Inc. 0.10%
- Anheuser Busch Inbev SA 0.09%
- Anheuser-Busch Inbev SA/Nv 0.09%
- Diageo Capital Bv 0.06%
- Bacardi Ltd. 0.03%
- Diageo Capital PLC 0.03%
- Heineken Nv 0.02%
Human Rights & Environmental Violations
- Wells Fargo & Co. 0.66%
- Shell International Finance Bv 0.20%
- Credit Suisse Group AG 0.18%
- Bayer US Finance Ii Llc 0.12%
- Johnson & Johnson 0.11%
- Nestle Holdings Inc. 0.11%
- Nestle Finance International Ltd. 0.10%
- Raytheon Technologies Corp. 0.09%
- Credit Suisse AG (London Branch) 0.08%
- Energy Transfer Operating Lp 0.08%
- Thermo Fisher Scientific Inc. 0.07%
- Indonesia Asahan Aluminium Persero 0.06%
- Bayer AG 0.05%
- Chevron Corp. 0.05%
- Sinopec Group Overseas Development 0.05%
- Archer Daniels Midland Co 0.04%
- Caterpillar Financial Services Cor 0.04%
- Caterpillar Inc. 0.04%
- Credit Suisse Group Funding Guerns 0.04%
- BHP Billiton Finance Ltd. 0.03%
- Basf Se 0.03%
- Glencore Finance Europe SA 0.03%
- Sinopec Capital (2013) Ltd. 0.03%
- Southern Copper Corp. 0.03%
- Thermo Fisher Scientific (Finance 0.03%
- Vale SA 0.03%
- Cargill Inc. 0.02%
- Duke Energy Corp. 0.02%
- Freeport-Mcmoran Copper & Gold Inc. 0.02%
- Jbs Usa Lux SA 0.02%
- Lockheed Martin Corp. 0.02%
- Meta Platforms Inc. 0.02%
- Vale Overseas Ltd. 0.02%
Animal Cruelty
- Shell International Finance Bv 0.20%
- Exxon Mobil Corp. 0.19%
- Coca-Cola Co 0.19%
- Pepsico Inc. 0.13%
- Bayer US Finance Ii Llc 0.12%
- Nestle Holdings Inc. 0.11%
- Constellation Brands Inc. 0.10%
- Nestle Finance International Ltd. 0.10%
- Bat International Finance PLC 0.08%
- Eni Spa 0.08%
- Procter & Gamble Co. 0.08%
- Bat Capital Corp. 0.07%
- Philip Morris International Inc. 0.07%
- Jab Holdings Bv 0.06%
- LVMH Moet Hennessy Louis Vuitton S 0.06%
- Mondelez International Inc. 0.06%
- Procter & Gamble Co 0.06%
- Reliance Industries Ltd. 0.06%
- Sinochem Offshore Capital Co Ltd. 0.06%
- Unilever Capital Corp. 0.06%
- Vigorous Champion International Lt 0.06%
- Aker BP Asa 0.05%
- Bayer AG 0.05%
- Braskem Netherlands Bv 0.05%
- Chevron Corp. 0.05%
- Dow Chemical Company (The) 0.05%
- Honeywell International Inc. 0.05%
- PPG Industries Inc. 0.05%
- Sherwin-Williams Company (The) 0.05%
- Altria Group Inc. 0.04%
- Archer Daniels Midland Co 0.04%
- Air Liquide Finance SA 0.03%
- Akzo Nobel Nv 0.03%
- Argentum Givaudan 0.03%
- Arkema SA 0.03%
- Basf Se 0.03%
- Celanese US Holdings Llc 0.03%
- Essity Capital Bv 0.03%
- Imperial Brands Finance PLC 0.03%
- Kering SA 0.03%
- Koninklijke Dsm Nv 0.03%
- Mondelez International Holdings Ne 0.03%
- Richemont International Holding SA 0.03%
- Sinopec Capital (2013) Ltd. 0.03%
- Tesco Corporate Treasury Services 0.03%
- Tyson Foods Inc. 0.03%
- 3M Co 0.02%
- Campbell Soup Co. 0.02%
- Celanese Corp. 0.02%
- Church & Dwight Co Inc. 0.02%
- Colgate-Palmolive Co 0.02%
- Danone SA 0.02%
- Ecolab Inc. 0.02%
- Estee Lauder Cos. Inc. (The) 0.02%
- Hormel Foods Corp. 0.02%
- Imperial Brands Finance Netherland 0.02%
- Ingredion Inc. 0.02%
- Jbs Usa Lux SA 0.02%
- Kimberly-Clark Corp. 0.02%
- Kraft Heinz Foods Co 0.02%
- Lyb International Finance Iii Llc 0.02%
- Lyondellbasell Industries Nv 0.02%
- Orbia Advance Corp. Sab De Cv 0.02%
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. 2022 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
In their own words
Invests in international bonds and is designed to reflect the return (before tax, fees and other expenses) on international non-government bond markets of developed economies.
| Value | $16M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 1,912 |
| Fund started | 24th Oct. 2007 |
| Total annual fund fees | 0.54% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.54% |
| Other management and administration charges | 0.0% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (7 years, 1 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (3 years, 7 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (4 years, 10 months) |
|
Alister John Williams |
Currently: Director (7 years, 1 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).
Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
| Issue of concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 0.54% | |
| Animal Cruelty | 3.66% | |
| Fossil Fuels | 5.26% | |
| Gambling | 0.05% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 2.84% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.48% | |
| Weapons | 0.84% |
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. 2022 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 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. Similarly Mindful Money uses a broader scope for fossil fuels
than the government’s rules for default KiwiSaver funds. The full definitions
used in the Mindful Money analysis are here.
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 |
|---|---|---|
| 2022 | -1.63% | -3.55% |
| 2021 | 1.50% | 4.92% |
| 2020 | 1.63% | 0.71% |
| 2019 | 2.29% | 3.09% |
| 2018 | 2.05% | 1.45% |
| 2017 | 1.53% | 2.82% |
| 2016 | 2.72% | 0.06% |
| 2015 | 4.23% | 7.69% |
| 2014 | 2.00% | 1.63% |
| 2013 | 3.15% | 6.13% |
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 31st Dec. 2022.
Top 10 Investments
-
Vanguard International Credit Securities Index Fund (Hedged)
Australia Int Fixed Interest98.9%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.098958% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 98.901042% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 100.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| 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.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.