Funds
SuperLife Growth 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 0.71%
- BHP Group Ltd 0.49%
- Nextera Energy Inc. 0.38%
- Exxon Mobil Corp. 0.22%
- Shell PLC 0.20%
- Duke Energy Corp. 0.18%
- Southern Co. 0.18%
- Genesis Energy Ltd 0.18%
- Enbridge Inc. 0.15%
- Chevron Corp. 0.15%
- Woodside Energy Group Ltd 0.15%
- Dominion Energy Inc. 0.13%
- BP PLC 0.11%
- Cheniere Energy Inc. 0.11%
- Reliance Industries Ltd. 0.11%
- Sempra Energy 0.10%
- BHP Group Ltd. 0.09%
- National Grid PLC 0.09%
- Totalenergies Se 0.09%
- American Electric Power Co. Inc. 0.09%
- Genesis Energy Ltd 5.00% 3/04/2025 0.09%
- Consolidated Edison Inc. 0.08%
- Contact Energy 07/11/22 Promissory Note 0.08%
- Tc Energy Corp. 0.08%
- Williams Cos. Inc. 0.08%
- Conocophillips 0.07%
- Wec Energy Group Inc. 0.07%
- Xcel Energy Inc. 0.07%
- Iberdrola SA 0.06%
- Kinder Morgan Inc. 0.06%
- Oneok Inc. 0.06%
- Pg&E Corp. 0.06%
- Santos Ltd 0.06%
- Whitehaven Coal Ltd 0.06%
- Ameren Corp. 0.05%
- Ampol Ltd 0.05%
- Entergy Corp. 0.05%
- Genesis Energy Ltd 251122 Pnote 0.05%
- Glencore PLC 0.05%
- Petroleo Brasileiro SA 0.05%
- Ppl Corp. 0.05%
- Public Service Enterprise Group Inc. 0.05%
- Vale SA 0.05%
- Washington H Soul Pattinson & Co Ltd 0.05%
- Atmos Energy Corp. 0.04%
- Cms Energy Corp. 0.04%
- Eog Resources Inc. 0.04%
- Agl Energy Ltd 0.03%
- Alliant Energy Corp. 0.03%
- Anglo American PLC 0.03%
- Apa Group 0.03%
- Devon Energy Corp. 0.03%
- Fortis Inc./Canada 0.03%
- Pembina Pipeline Corp. 0.03%
- Saudi Arabian Oil Co. 0.03%
- South32 Ltd 0.03%
- Targa Resources Corp. 0.03%
- Totalenergies 0.03%
- Clp Holdings Ltd. 0.02%
- Constellation Energy Corp. 0.02%
- Emera Inc. 0.02%
- Enel Spa 0.02%
- Eni Spa 0.02%
- Equinor Asa 0.02%
- Evergy Inc. 0.02%
- Hess Corp. 0.02%
- Hong Kong & China Gas Co. Ltd. 0.02%
- Itochu Corp. 0.02%
- Mitsubishi Corp 0.02%
- Mitsubishi Corp. 0.02%
- Mitsui & Co. Ltd. 0.02%
- Nisource Inc. 0.02%
- Reliance Industries Ltd 0.02%
- Rwe AG 0.02%
- Snam Spa 0.02%
- Valero Energy Corp. 0.02%
- Woodside Energy Group Ltd. 0.02%
- Adani Enterprises Ltd. 0.01%
- Adani Transmission Ltd. 0.01%
- China Petroleum & Chemical Corp. 0.01%
- China Shenhua Energy Co. Ltd. 0.01%
- Coterra Energy Inc. 0.01%
- Delta Air Lines Inc. 0.01%
- Diamondback Energy Inc. 0.01%
- Dte Energy Co. 0.01%
- Genesis Energy Ltd 5.81% 8/03/2023 0.01%
- Itochu Corp 0.01%
- Kansai Electric Power Co. Inc. 0.01%
- Lyondellbasell Industries Nv 0.01%
- Marathon Petroleum Corp. 0.01%
- Mitsui Ltd 0.01%
- Neste Oyj 0.01%
- New Hope Corp Ltd 0.01%
- Nextera Energy Inc 0.01%
- Occidental Petroleum Corp. 0.01%
- Oge Energy Corp. 0.01%
- Origin Energy Ltd 0.01%
- Osaka Gas Co. Ltd. 0.01%
- Phillips 66 0.01%
- Pinnacle West Capital Corp. 0.01%
- Pioneer Natural Resources Co. 0.01%
- Power Assets Holdings Ltd. 0.01%
- Tokyo Gas Co. Ltd. 0.01%
Weapons
- Walmart Inc. 0.11%
- Honeywell International Inc. 0.07%
- Raytheon Technologies Corp. 0.07%
- Lockheed Martin Corp. 0.06%
- Northrop Grumman Corp. 0.04%
- Airbus Se 0.03%
- Amphenol Corp. 0.03%
- Boeing Co. 0.03%
- Bae Systems PLC 0.02%
- Larsen & Toubro Ltd. 0.02%
- Safran SA 0.02%
- Transdigm Group Inc. 0.02%
- Wal-Mart De Mexico Sab De Cv 0.02%
- Walmart Inc 0.02%
- General Dynamics Corp. 0.01%
- Teledyne Technologies Inc. 0.01%
Tobacco
- Philip Morris International Inc. 0.07%
- British American Tobacco PLC 0.06%
- Altria Group Inc. 0.04%
- Imperial Brands PLC 0.01%
- Itc Ltd. 0.01%
- Japan Tobacco Inc. 0.01%
- Swedish Match Ab 0.01%
Gambling
- Skycity Entertainment Group Ltd 0.26%
- Aristocrat Leisure Ltd 0.05%
- Star Entertainment Grp Ltd/The 0.02%
- Vici Properties Inc. 0.02%
- Flutter Entertainment PLC 0.01%
- Lottery Corp Ltd/The 0.01%
Alcohol
- Diageo PLC 0.10%
- Anheuser-Busch Inbev SA/Nv 0.03%
- Metcash Ltd 0.03%
- Pernod Ricard SA 0.03%
- Ambev SA 0.01%
- China Resources Beer Holdings Co. Ltd. 0.01%
- Endeavour Group Ltd/Australia 0.01%
- Heineken Nv 0.01%
- Kweichow Moutai Co. Ltd. 0.01%
- Treasury Wine Estates Ltd 0.01%
GMOs
- Corteva Inc. 0.03%
Human Rights & Environmental Violations
- BHP Group Ltd 0.49%
- Nestle SA 0.32%
- Johnson & Johnson 0.29%
- Shell PLC 0.20%
- Meta Platforms Inc. 0.18%
- Duke Energy Corp. 0.17%
- Chevron Corp. 0.15%
- Thermo Fisher Scientific Inc. 0.11%
- Rio Tinto Ltd 0.10%
- BHP Group Ltd. 0.09%
- Wells Fargo & Co. 0.09%
- Raytheon Technologies Corp. 0.07%
- Rio Tinto PLC 0.07%
- Lockheed Martin Corp. 0.06%
- Pg&E Corp. 0.06%
- Caterpillar Inc. 0.05%
- Glencore PLC 0.05%
- Petroleo Brasileiro SA 0.05%
- Vale SA 0.05%
- Bayer AG 0.04%
- Corteva Inc. 0.03%
- Activision Blizzard Inc. 0.02%
- Archer-Daniels-Midland Co. 0.02%
- Basf Se 0.02%
- Li Ning Co. Ltd. 0.02%
- Meta Platforms Inc Class A 0.02%
- Motorola Solutions Inc. 0.02%
- Adani Enterprises Ltd. 0.01%
- China Petroleum & Chemical Corp. 0.01%
- Credit Suisse Group AG 4.207% 12/06/2024 0.01%
- Credit Suisse Group AG 4.55% 17/04/2026 0.01%
- Credit Suisse Group AG 6.537% 12/08/2033 0.01%
- Credit Suisse New York 3.70% 21/02/2025 0.01%
- Rio Tinto Ltd. 0.01%
- Thermo Fisher Scientific Inc 0.01%
- Wells Fargo 0.01%
Animal Cruelty
- Nestle SA 0.31%
- Exxon Mobil Corp. 0.22%
- Shell PLC 0.20%
- Procter & Gamble Co. 0.17%
- Chevron Corp. 0.15%
- LVMH Moet Hennessy Louis Vuitton Se 0.13%
- Pepsico Inc. 0.13%
- Coca-Cola Co. 0.12%
- Unilever PLC 0.12%
- Reliance Industries Ltd. 0.10%
- Honeywell International Inc. 0.07%
- Philip Morris International Inc. 0.07%
- British American Tobacco PLC 0.06%
- L'Oreal SA 0.05%
- Altria Group Inc. 0.04%
- Bayer AG 0.04%
- LVMH 0.04%
- Mondelez International Inc. 0.04%
- Orica Ltd 0.04%
- 3M Co. 0.03%
- Air Liquide SA 0.03%
- Cie Financiere Richemont SA 0.03%
- Corteva Inc. 0.03%
- Hermes International 0.03%
- Hindustan Unilever Ltd. 0.03%
- Ping An Insurance Group Co. Of China Ltd. 0.03%
- Reliance Industries Ltd 0.03%
- Albemarle Corp. 0.02%
- Archer-Daniels-Midland Co. 0.02%
- Asian Paints Ltd. 0.02%
- Basf Se 0.02%
- Coca-Cola 0.02%
- Colgate-Palmolive Co. 0.02%
- Daikin Industries Ltd 0.02%
- Daikin Industries Ltd. 0.02%
- Danone SA 0.02%
- Eni Spa 0.02%
- Givaudan SA 0.02%
- Kering SA 0.02%
- Koninklijke Ahold Delhaize Nv 0.02%
- Lair Liquide Societe Anonyme Pour 0.02%
- Loreal SA 0.02%
- Mitsubishi Corp 0.02%
- Mitsubishi Corp. 0.02%
- Pepsico Inc 0.02%
- Procter & Gamble 0.02%
- Canon Inc. 0.01%
- China Petroleum & Chemical Corp. 0.01%
- Church & Dwight Co. Inc. 0.01%
- Clorox Co. 0.01%
- Denso Corp. 0.01%
- Estee Lauder Cos. Inc. 0.01%
- General Mills Inc. 0.01%
- Grupo Mexico Sab De Cv 0.01%
- Imperial Brands PLC 0.01%
- International Flavors & Fragrances Inc. 0.01%
- Itc Ltd. 0.01%
- Kao Corp. 0.01%
- Kellogg Co. 0.01%
- Koninklijke Dsm Nv 0.01%
- Lyondellbasell Industries Nv 0.01%
- Mosaic Co. 0.01%
- Nan Ya Plastics Corp. 0.01%
- Sherwin-Williams Co. 0.01%
- Tesco PLC 0.01%
- Tyson Foods 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 mostly in growth assets and is designed for investors that want a growth investment option. Negative annual returns may occur once in every 3-5 years on average.
| Value | $45M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 1,355 |
| Fund started | 16th Sept. 2013 |
| Total annual fund fees | 0.61% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.61% |
| 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 | 0.49% | |
| Animal Cruelty | 4.60% | |
| Fossil Fuels | 8.44% | |
| Gambling | 0.53% | |
| GMOs | 0.05% | |
| Human Rights & Environmental Violations | 3.42% | |
| Palm Oil | 0.04% | |
| Tobacco | 0.28% | |
| Weapons | 0.95% |
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 | 1.87% | 3.78% |
| 2021 | 27.41% | 29.86% |
| 2020 | -3.40% | -9.27% |
| 2019 | 6.95% | 7.41% |
| 2018 | 7.80% | 4.76% |
| 2017 | 9.24% | 10.88% |
| 2016 | 3.62% | 5.57% |
| 2015 | 13.73% | 12.08% |
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 Total World Stock ETF
United States International Equities11.96% -
Vanguard S&P 500 ETF
United States International Equities7.16% -
Vanguard FTSE Europe ETF
United States International Equities6.53% -
Vanguard FTSE Emerging Markets ETF
United States International Equities5.85% -
Ishares Core Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest5.74% -
Vanguard Global Infrastructure Index ETF
Australia International Equities4.13% -
Vanguard FTSE Pacific ETF
United States International Equities3.69% -
Vanguard Mid-Cap ETF
United States International Equities3.39% -
Vanguard Small-Cap ETF
United States International Equities2.75% -
Vanguard Value ETF
United States International Equities2.27%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 19.0% | 4.052119% |
| New Zealand Fixed Interest | 4.0% | 8.021201% |
| International Fixed Interest | 0.0% | 7.927689% |
| Australasian Equities | 53.0% | 19.107714% |
| International Equities | 8.0% | 52.773156% |
| Listed Properties | 4.0% | 3.98336% |
| Unlisted Properties | 8.0% | 0.0% |
| Other | 0.0% | 4.134761% |
| Commodities | 4.0% | 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.