SuperLife Overseas Non-Government Bonds Fund

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Fund type: Defensive fund

Past Returns: 2.91%

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

Annual Fees: 0.54%

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

Abu Dhabi National Energy Co. PJSC 0.06%
Aker BP Asa 0.03%
Anglo American Capital PLC 0.09%
Apt Pipelines Ltd. 0.08%
BHP Billiton Finance Usa Ltd. 0.02%
BP Capital Markets America Inc. 0.13%
BP Capital Markets PLC 0.16%
Canadian Natural Resources Ltd. 0.04%
Centrica PLC 0.03%
Ck Hutchison Europe Finance 18 Ltd. 0.02%
Ck Hutchison Finance 16 Ltd. 0.02%
Ck Hutchison International 17 Ii Ltd. 0.04%
Cnac Hk Finbridge Co. Ltd. 0.05%
Cnooc Finance 2015 Usa Llc 0.05%
Cnooc Petroleum North America Ulc 0.02%
Coca-Cola Co. 0.19%
Conocophillips 0.04%
Conocophillips Co. 0.03%
Dominion Energy Inc. 0.02%
Dominion Energy South Carolina Inc. 0.02%
Empresa Nacional Del Petroleo 0.02%
Enagas Financiaciones SA 0.03%
Enbridge Energy Partners Lp 0.02%
Enbridge Inc. 0.02%
Energy Transfer Lp 0.10%
Engie SA 0.06%
Eni Spa 0.11%
Eog Resources Inc. 0.02%
Equinor Asa 0.12%
Eustream As 0.02%
Exxon Mobil Corp. 0.18%
Gazprom Neft Oao Via Gpn Capital SA 0.04%
Gazprom PJSC Via Gaz Finance PLC 0.07%
Glencore Capital Finance Dac 0.03%
Glencore Finance Europe Ltd. 0.03%
Glencore Funding Llc 0.02%
Hess Corp. 0.04%
Indonesia Asahan Aluminium Persero Pt 0.05%
Kazmunaygas National Co. Jsc 0.08%
Kinder Morgan Energy Partners Lp 0.07%
Kinder Morgan Inc. 0.02%
Korea Gas Corp. 0.04%
Lukoil International Finance Bv 0.05%
Lyb International Finance Ii Bv 0.05%
Lyb International Finance Iii Llc 0.02%
Lyondellbasell Industries Nv 0.02%
Magellan Midstream Partners Lp 0.02%
Marathon Petroleum Corp. 0.06%
Mplx Lp 0.05%
Naturgy Finance Bv 0.08%
Nederlandse Gasunie Nv 0.05%
OMV AG 0.06%
Oneok Inc. 0.02%
Ongc Videsh Ltd. 0.04%
Pertamina Persero Pt 0.05%
Perusahaan Perseroan Persero Pt Perusahaan Listrik Negara 0.05%
Phillips 66 0.02%
Pioneer Natural Resources Co. 0.02%
Posco 0.04%
Qatar Petroleum 0.08%
Repsol International Finance Bv 0.02%
Saudi Arabian Oil Co. 0.09%
Shell International Finance Bv 0.23%
Sinopec Capital 2013 Ltd. 0.02%
Sinopec Group Overseas Development 2017 Ltd. 0.04%
Sinopec Group Overseas Development 2018 Ltd. 0.10%
Snam Spa 0.02%
Suncor Energy Inc. 0.02%
Thaioil Treasury Center Co. Ltd. 0.05%
Vale Overseas Ltd. 0.05%
Vier Gas Transport Gmbh 0.02%
Williams Cos. Inc. 0.04%
Wintershall Dea Finance Bv 0.02%

Weapons

Airbus Finance Bv 0.02%
Airbus Se 0.05%
Babcock International Group PLC 0.03%
Bae Systems PLC 0.02%
Boeing Co. 0.25%
Exor Nv 0.03%
Honeywell International Inc. 0.03%
Lockheed Martin Corp. 0.03%
Northrop Grumman Corp. 0.04%
Raytheon Technologies Corp. 0.05%
Safran SA 0.02%
Teledyne Technologies Inc. 0.06%

Tobacco

Altria Group Inc. 0.11%
Bat International Finance PLC 0.06%
Imperial Brands Finance PLC 0.05%
Philip Morris International Inc. 0.02%
Reynolds American Inc. 0.06%

Gambling

Las Vegas Sands Corp. 0.01%
Sands China Ltd. 0.04%

Alcohol

Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.10%
Anheuser-Busch Inbev SA/Nv 0.21%
Anheuser-Busch Inbev Worldwide Inc. 0.20%
Asahi Group Holdings Ltd. 0.05%
Bacardi Ltd. 0.02%
Carlsberg Breweries As 0.03%
Constellation Brands Inc. 0.03%
Diageo Finance PLC 0.05%
Heineken Nv 0.05%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Molson Coors Beverage Co. 0.02%

Palm Oil

Cargill Inc. 0.02%

Human Rights & Environmental Violations

Adani Ports & Special Economic Zone Ltd. 0.04%
BHP Billiton Finance Usa Ltd. 0.02%
Bayer AG 0.04%
Bayer Capital Corp. Bv 0.02%
Cargill Inc. 0.02%
Duke Energy Corp. 0.02%
Electranet Pty Ltd. 0.03%
Energy Transfer Lp 0.10%
Glencore Capital Finance Dac 0.03%
Glencore Finance Europe Ltd. 0.03%
Glencore Funding Llc 0.02%
Indonesia Asahan Aluminium Persero Pt 0.05%
Johnson & Johnson 0.13%
Mmc Norilsk Nickel Ojsc Via Mmc Finance Dac 0.02%
Nestle Finance International Ltd. 0.03%
Nestle Holdings Inc. 0.09%
Ongc Videsh Ltd. 0.04%
Posco 0.04%
Shell International Finance Bv 0.23%
Sinopec Capital 2013 Ltd. 0.02%
Sinopec Group Overseas Development 2017 Ltd. 0.04%
Sinopec Group Overseas Development 2018 Ltd. 0.10%
Southern Copper Corp. 0.03%
Vale Overseas Ltd. 0.05%

Animal Testing

Air Liquide Finance SA 0.05%
Akzo Nobel Nv 0.02%
Albemarle Corp. 0.02%
Altria Group Inc. 0.11%
Archer-Daniels-Midland Co. 0.02%
Argentum Netherlands Bv For Zurich Insurance Co. Ltd. 0.03%
Arkema SA 0.05%
Asahi Group Holdings Ltd. 0.05%
Basf Se 0.07%
Bat International Finance PLC 0.06%
Bayer AG 0.04%
Bayer Capital Corp. Bv 0.02%
Bayer US Finance Ii Llc 0.09%
Cargill Inc. 0.02%
Celanese US Holdings Llc 0.03%
Church & Dwight Co. Inc. 0.02%
Cnac Hk Finbridge Co. Ltd. 0.05%
Coca-Cola Co. 0.19%
Covestro AG 0.02%
Danone SA 0.04%
Dow Chemical Co. 0.06%
Dupont De Nemours Inc. 0.02%
Ecolab Inc. 0.03%
General Mills Inc. 0.02%
Glaxosmithkline Capital Inc. 0.04%
Glaxosmithkline Capital PLC 0.12%
Honeywell International Inc. 0.03%
Imperial Brands Finance PLC 0.05%
Johnson & Johnson 0.13%
Kimberly-Clark Corp. 0.02%
Koninklijke Dsm Nv 0.02%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Linde Inc./Ct 0.02%
Lyb International Finance Ii Bv 0.05%
Lyb International Finance Iii Llc 0.02%
Lyondellbasell Industries Nv 0.02%
Mondelez International Holdings Netherlands Bv 0.05%
Mondelez International Inc. 0.05%
Nestle Finance International Ltd. 0.03%
Nestle Holdings Inc. 0.09%
Nutrien Ltd. 0.02%
Orbia Advance Corp. Sab De Cv 0.03%
Pepsico Inc. 0.17%
Philip Morris International Inc. 0.02%
Procter & Gamble Co. 0.13%
Reckitt Benckiser Treasury Services PLC 0.02%
Shell International Finance Bv 0.23%
Tesco Corporate Treasury Services PLC 0.02%
Unilever Capital Corp. 0.06%
Unilever Finance Netherlands Bv 0.03%
Unilever PLC 0.03%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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
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%
2012 3.62% 7.67%

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 Fri Dec. 31st 2021.

Showing the top 10 investments for this fund:

  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    100.0%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    1.3323%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 1.31%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 98.69%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.

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).

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:
    1.02%
  • Animal Testing:
    3.64%
  • Fossil Fuels:
    5.30%
  • Gambling:
    0.06%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    1.60%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.45%
  • Weapons:
    1.03%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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.

In their own words

"Invests in international bonds and designed to reflect the return (before tax fees and other expenses) on international non-government bond markets of developed economies."

Value $17M NZD
Period of data report Fri Dec. 31st 2021
Members 2,007
Fund started Wed Oct. 24th 2007
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.53%
Other management and administration charges 0.01%
Total other charges 30.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (6 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (6 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (2 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (3 years, 10 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (6 years, 1 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 Fri Dec. 31st 2021.

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.