Funds
SuperLife Balanced 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
- Contact Energy Ltd 0.51%
- BHP Group Ltd 0.36%
- Nextera Energy Inc. 0.30%
- Genesis Energy Ltd 5.00% 3/04/2025 0.21%
- Contact Energy 07/11/22 Promissory Note 0.18%
- Exxon Mobil Corp. 0.15%
- Shell PLC 0.15%
- Duke Energy Corp. 0.13%
- Genesis Energy Ltd 0.13%
- Southern Co. 0.13%
- Chevron Corp. 0.12%
- Enbridge Inc. 0.12%
- Genesis Energy Ltd 251122 Pnote 0.12%
- Woodside Energy Group Ltd 0.11%
- Dominion Energy Inc. 0.09%
- BHP Group Ltd. 0.08%
- Cheniere Energy Inc. 0.08%
- National Grid PLC 0.08%
- Totalenergies Se 0.08%
- American Electric Power Co. Inc. 0.07%
- BP PLC 0.07%
- Sempra Energy 0.07%
- Conocophillips 0.06%
- Reliance Industries Ltd. 0.06%
- Tc Energy Corp. 0.06%
- Consolidated Edison Inc. 0.05%
- Kinder Morgan Inc. 0.05%
- Wec Energy Group Inc. 0.05%
- Williams Cos. Inc. 0.05%
- Xcel Energy Inc. 0.05%
- Ampol Ltd 0.04%
- Glencore PLC 0.04%
- Iberdrola SA 0.04%
- Oneok Inc. 0.04%
- Petroleo Brasileiro SA 0.04%
- Pg&E Corp. 0.04%
- Public Service Enterprise Group Inc. 0.04%
- Santos Ltd 0.04%
- Washington H Soul Pattinson & Co Ltd 0.04%
- Whitehaven Coal Ltd 0.04%
- Ameren Corp. 0.03%
- Entergy Corp. 0.03%
- Fortis Inc./Canada 0.03%
- Ppl Corp. 0.03%
- Totalenergies 0.03%
- Vale SA 0.03%
- Agl Energy Ltd 0.02%
- Alliant Energy Corp. 0.02%
- Anglo American PLC 0.02%
- Apa Group 0.02%
- Atmos Energy Corp. 0.02%
- Clp Holdings Ltd. 0.02%
- Cms Energy Corp. 0.02%
- Devon Energy Corp. 0.02%
- Emera Inc. 0.02%
- Enel Spa 0.02%
- Equinor Asa 0.02%
- Evergy Inc. 0.02%
- Genesis Energy Ltd 5.81% 8/03/2023 0.02%
- Mitsui & Co. Ltd. 0.02%
- Pembina Pipeline Corp. 0.02%
- Reliance Industries Ltd 0.02%
- Saudi Arabian Oil Co. 0.02%
- South32 Ltd 0.02%
- Targa Resources Corp. 0.02%
- Woodside Energy Group Ltd. 0.02%
- Constellation Energy Corp. 0.01%
- Diamondback Energy Inc. 0.01%
- Eni Spa 0.01%
- Eog Resources Inc. 0.01%
- Hess Corp. 0.01%
- Hong Kong & China Gas Co. Ltd. 0.01%
- Itochu Corp 0.01%
- Itochu Corp. 0.01%
- Mitsubishi Corp 0.01%
- Mitsubishi Corp. 0.01%
- Mitsui Ltd 0.01%
- Nisource Inc. 0.01%
- Oge Energy Corp. 0.01%
- Origin Energy Ltd 0.01%
- Pinnacle West Capital Corp. 0.01%
- Rwe AG 0.01%
- Snam Spa 0.01%
- Tokyo Gas Co. Ltd. 0.01%
Weapons
- Walmart Inc. 0.08%
- Honeywell International Inc. 0.05%
- Raytheon Technologies Corp. 0.05%
- Lockheed Martin Corp. 0.04%
- Airbus Se 0.02%
- Amphenol Corp. 0.02%
- Northrop Grumman Corp. 0.02%
- Safran SA 0.02%
- Bae Systems PLC 0.01%
- Boeing Co. 0.01%
- Transdigm Group Inc. 0.01%
- Wal-Mart De Mexico Sab De Cv 0.01%
- Walmart Inc 0.01%
Tobacco
- Philip Morris International Inc. 0.06%
- British American Tobacco PLC 0.05%
- Altria Group Inc. 0.02%
Gambling
- Skycity Entertainment Group Ltd 0.18%
- Aristocrat Leisure Ltd 0.04%
- Lottery Corp Ltd/The 0.01%
- Star Entertainment Grp Ltd/The 0.01%
- Vici Properties Inc. 0.01%
Alcohol
- Diageo PLC 0.08%
- Anheuser-Busch Inbev SA/Nv 0.02%
- Metcash Ltd 0.02%
- Pernod Ricard SA 0.02%
- Endeavour Group Ltd/Australia 0.01%
- Heineken Nv 0.01%
- Treasury Wine Estates Ltd 0.01%
GMOs
- Corteva Inc. 0.02%
Human Rights & Environmental Violations
- BHP Group Ltd 0.36%
- Nestle SA 0.25%
- Johnson & Johnson 0.22%
- Shell PLC 0.15%
- Meta Platforms Inc. 0.14%
- Duke Energy Corp. 0.12%
- Chevron Corp. 0.12%
- Thermo Fisher Scientific Inc. 0.09%
- BHP Group Ltd. 0.08%
- Rio Tinto Ltd 0.07%
- Wells Fargo & Co. 0.07%
- Raytheon Technologies Corp. 0.05%
- Caterpillar Inc. 0.04%
- Glencore PLC 0.04%
- Lockheed Martin Corp. 0.04%
- Petroleo Brasileiro SA 0.04%
- Pg&E Corp. 0.04%
- Rio Tinto PLC 0.04%
- Vale SA 0.04%
- Basf Se 0.02%
- Bayer AG 0.02%
- Corteva Inc. 0.02%
- Credit Suisse Group AG 4.55% 17/04/2026 0.02%
- Motorola Solutions Inc. 0.02%
- Archer-Daniels-Midland Co. 0.01%
- Credit Suisse Group AG 1.00% 24/06/2027 0.01%
- Credit Suisse Group AG 4.207% 12/06/2024 0.01%
- Credit Suisse Group AG 6.375% #N/A Field Not Applicable 0.01%
- Credit Suisse Group AG 6.537% 12/08/2033 0.01%
- Credit Suisse New York 3.70% 21/02/2025 0.01%
- Li Ning Co. Ltd. 0.01%
- Meta Platforms Inc Class A 0.01%
- Rio Tinto Ltd. 0.01%
- Thermo Fisher Scientific Inc 0.01%
- Wells Fargo 0.01%
- Wells Fargo & Company 3.526% 24/03/2028 0.01%
- Wells Fargo & Company 3.908% 25/04/2026 0.01%
- Wells Fargo & Company 4.036% 31/10/2023 0.01%
Animal Cruelty
- Nestle SA 0.25%
- Exxon Mobil Corp. 0.15%
- Shell PLC 0.15%
- Procter & Gamble Co. 0.13%
- Chevron Corp. 0.12%
- Coca-Cola Co. 0.10%
- Pepsico Inc. 0.10%
- Unilever PLC 0.10%
- LVMH Moet Hennessy Louis Vuitton Se 0.09%
- Philip Morris International Inc. 0.06%
- Reliance Industries Ltd. 0.06%
- British American Tobacco PLC 0.05%
- Honeywell International Inc. 0.05%
- L'Oreal SA 0.03%
- LVMH 0.03%
- Orica Ltd 0.03%
- Air Liquide SA 0.02%
- Altria Group Inc. 0.02%
- Basf Se 0.02%
- Bayer AG 0.02%
- Cie Financiere Richemont SA 0.02%
- Corteva Inc. 0.02%
- Daikin Industries Ltd. 0.02%
- Hermes International 0.02%
- Hindustan Unilever Ltd. 0.02%
- Kering SA 0.02%
- Mondelez International Inc. 0.02%
- Ping An Insurance Group Co. Of China Ltd. 0.02%
- Procter & Gamble 0.02%
- Reliance Industries Ltd 0.02%
- 3M Co. 0.01%
- Albemarle Corp. 0.01%
- Archer-Daniels-Midland Co. 0.01%
- Asian Paints Ltd. 0.01%
- Coca-Cola 0.01%
- Colgate-Palmolive Co. 0.01%
- Daikin Industries Ltd 0.01%
- Danone SA 0.01%
- Eni Spa 0.01%
- Givaudan SA 0.01%
- International Flavors & Fragrances Inc. 0.01%
- Koninklijke Ahold Delhaize Nv 0.01%
- Koninklijke Dsm Nv 0.01%
- Lair Liquide Societe Anonyme Pour 0.01%
- Loreal SA 0.01%
- Mitsubishi Corp 0.01%
- Mitsubishi Corp. 0.01%
- Pepsico Inc 0.01%
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 a mix of income and growth assets and is designed for investors that want a balanced investment option. Negative annual returns may occur once in every 5-7 years on average.
| Value | $60M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 1,336 |
| Fund started | 23rd Feb. 2009 |
| Total annual fund fees | 0.6% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.6% |
| 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 | 0.02% | |
| Alcohol | 0.38% | |
| Animal Cruelty | 3.53% | |
| Fossil Fuels | 6.74% | |
| Gambling | 0.38% | |
| GMOs | 0.04% | |
| Human Rights & Environmental Violations | 2.69% | |
| Palm Oil | 0.03% | |
| Tobacco | 0.22% | |
| Weapons | 0.73% |
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 | 0.35% | 2.46% |
| 2021 | 16.60% | 23.45% |
| 2020 | -1.09% | -6.18% |
| 2019 | 5.56% | 6.72% |
| 2018 | 5.28% | 3.93% |
| 2017 | 5.86% | 9.06% |
| 2016 | 4.01% | 5.05% |
| 2015 | 11.09% | 9.91% |
| 2014 | 7.28% | 4.84% |
| 2013 | 10.75% | 11.51% |
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
-
Ishares Core Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest10.98% -
Vanguard Total World Stock ETF
United States International Equities9.18% -
Vanguard S&P 500 ETF
United States International Equities5.02% -
Vanguard FTSE Europe ETF
United States International Equities4.68% -
Vanguard FTSE Emerging Markets ETF
United States International Equities4.02% -
Vanguard FTSE Pacific ETF
United States International Equities2.97% -
Vanguard Global Infrastructure Index ETF
Australia International Equities2.92% -
Vanguard Mid-Cap ETF
United States International Equities2.51% -
Vanguard Small-Cap ETF
United States International Equities2.17% -
Vanguard Value ETF
United States International Equities1.83%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 14.0% | 8.355949% |
| New Zealand Fixed Interest | 8.0% | 15.247692% |
| International Fixed Interest | 0.0% | 16.421605% |
| Australasian Equities | 40.0% | 14.319365% |
| International Equities | 17.0% | 39.464879% |
| Listed Properties | 3.0% | 3.267475% |
| Unlisted Properties | 15.0% | 0.0% |
| Other | 0.0% | 2.923035% |
| Commodities | 3.0% | 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.