Funds
SuperLife Income 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:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
Human Rights Violations
-
Credit Suisse Group AG 0.06%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
CREDIT SUISSE GROUP AG Business Ethics
Credit Suisse provides investment banking services. It has faced regulatory and legal actions related to aiding tax evasion, money laundering, corporate espionage, fraud, and breach of trade secrets. It has also been involved in multiple lawsuits related to its governance.
-
Credit Suisse New York 0.01%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
CREDIT SUISSE NEW YORK Business Ethics
Credit Suisse provides investment banking services. It has faced regulatory and legal actions related to aiding tax evasion, money laundering, corporate espionage, fraud, and breach of trade secrets. It has also been involved in multiple lawsuits related to its governance.
-
Wells Fargo & Company 0.01%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
-
Credit Suisse Group AG 0.06%
Fossil Fuels
-
Genesis Energy Ltd 0.51%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
GENESIS ENERGY LTD Fossil Fuel Power Generation
Genesis Energy is engaged in energy generation, trading and selling of electricity, and owns a portfolio of fossil fuel and renewable generation assets across New Zealand. Evidence shows that thermal generation from gas represents a significant portion of the company's total power generation (from the Huntly power station), and that oil and gas power revenues represent approximately 35% of the company's total revenue.
-
Fairfax Finl Hldgs Ltd 0.01%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
-
Genesis Energy Ltd 0.51%
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. 2023 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 income assets and is designed for investors that want an investment in New Zealand and international fixed interest. Negative annual returns may occur once in every 7-10 years on average.
| Value | $224M NZD |
| Period of data report | 31st Dec. 2023 |
| Members | 16,744 |
| Fund started | 15th Sept. 2013 |
| Total annual fund fees | 0.56% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.54% |
| Other management and administration charges | 0.02% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (8 years, 1 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (4 years, 7 months) |
|
Anna Lennie Scott |
Currently: Chief Executive Officer - Smartshares (0 years, 3 months) |
|
Alister John Williams |
Currently: Director (8 years, 1 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2023.
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 |
|---|---|---|
| 2023 | -0.13% | -2.28% |
| 2022 | -1.68% | -2.79% |
| 2021 | 1.56% | 3.29% |
| 2020 | 1.64% | 1.76% |
| 2019 | 2.37% | 3.44% |
| 2018 | 2.05% | 2.91% |
| 2017 | 1.53% | 2.67% |
| 2016 | 2.72% | 2.6% |
| 2015 | 4.23% | 6.73% |
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. 2023.
Top 10 Investments
-
Ishares Core Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest27.13% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-5.18% -
New Zealand Government 3.50% 14/04/2033
New Zealand NZ Fixed Interest AAA1.8% -
New Zealand Local Government Funding Agency 2.25% 15/04/24
New Zealand Cash and Equivalents AAA1.55% -
New Zealand Government 4.50% 15/04/2027
New Zealand NZ Fixed Interest AAA1.39% -
US Treasury N/B 5.00% 31/08/2025
United States Int Fixed Interest AAA1.28% -
Mortgage Passthrough Tba
United States Int Fixed Interest AA+1.27% -
New Zealand Government 2.75% 15/04/2025
New Zealand NZ Fixed Interest AA+1.19% -
New Zealand Government 3.00% 20/04/2029
New Zealand NZ Fixed Interest AAA1.18% -
New Zealand Government 0.25% 15/05/2028
New Zealand NZ Fixed Interest AAA1.15%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 20.0% | 21.82123% |
| New Zealand Fixed Interest | 30.0% | 29.08553% |
| International Fixed Interest | 50.0% | 49.09324% |
| 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% |
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. 2023.