SuperLife KiwiSaver Scheme

Not Mindful

Type: Growth fund

Past Returns: 1.02%

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

Annual Fees: 0.61%

Annual fees, including any membership and % management 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

Agl Energy Ltd 0.05%
Alliant Energy Corp 0.01%
Ameren Corporation 0.02%
American Electric Power Company, Inc. 0.04%
Anglo American PLC 0.02%
Apa Group 0.02%
Beach Energy Ltd 0.02%
BHP Group Ltd 0.60%
BHP Group PLC 0.04%
BP P.L.C. 0.07%
BP PLC 0.02%
Caltex Australia Ltd 0.03%
Cheniere Energy, Inc. 0.01%
Chevron Corp 0.01%
Chevron Corporation 0.12%
China Petroleum & Chemical Corporation Class H 0.01%
Clp Holdings Limited 0.01%
Cms Energy Corporation 0.02%
Cnooc Limited 0.02%
Concho Resources Inc. 0.01%
Conocophillips 0.04%
Diamondback Energy Inc 011224 2.875 Cb 0.01%
Dominion Energy Gas Holdings Llc 150621 Frn 0.01%
Dominion Energy Inc 0.06%
Dte Energy Company 0.02%
Enbridge Inc 180222 Frn 0.02%
Energy Transfer Partner Lp 150424 4.50 Cb 0.01%
Engie SA 0.02%
Eni S.P.A. 0.02%
Eog Resources, Inc. 0.01%
Eqt Corp 011022 3.00 Cb 0.01%
Equinor Asa 0.01%
Evergy, Inc. 0.01%
Exxon Mobil Corp 0.02%
Exxon Mobil Corporation 0.14%
Firstenergy Corp. 0.02%
Gazprom 0.01%
Gazprom PJSC 0.03%
Glencore PLC 0.02%
Hess Corporation 0.01%
Kinder Morgan Inc Class P 0.02%
Neste Corporation 0.01%
Nextera Energy Capital Holdings Inc 250222 2.399250 Cb 0.02%
Nextera Energy Inc 0.01%
Nextera Energy, Inc. 0.09%
Novatek Jsc 0.01%
Oil Company Lukoil PJSC 0.03%
Oil Search Ltd 0.01%
Oneok, Inc. 0.02%
Origin Energy Ltd 0.02%
Petrobras Global Finance Bv 150130 5.093 Cb 0.02%
Petrobras Global Finance Bv 170344 7.25 Cb 0.01%
Phillips 66 0.02%
Ptt Public Co., Ltd.(Alien Mkt) 0.02%
Reliance Industries Limited 0.06%
Reliance Industries Ltd 0.02%
Repsol SA 0.01%
Royal Dutch Shell PLC Class A 0.05%
Royal Dutch Shell PLC Class B 0.05%
Rwe AG 0.02%
Santos Ltd 0.02%
South32 Ltd 0.05%
Tenaga Nasional Bhd 0.01%
Total SA 0.10%
Viva Energy Group Ltd 0.01%
Washington H Soul Pattinson & Co Ltd 0.02%
Wec Energy Group Inc 0.04%
Whitehaven Coal Ltd 0.02%
Woodside Petroleum Ltd 0.17%
Xcel Energy Inc. 0.02%

Weapons

Airbus Se 0.03%
Bae Systems PLC 0.02%
Boeing Company 0.03%
Booz Allen Hamilton Holding Corporation Class A 0.01%
General Dynamics Corporation 0.02%
Honeywell International Inc. 0.08%
Jacobs Engineering Group Inc. 0.01%
L3Harris Technologies Inc 0.02%
Leidos Holdings, Inc. 0.01%
Lockheed Martin Corporation 0.03%
Northrop Grumman Corporation 0.04%
Raytheon Technologies Corporation 0.06%
Safran S.A. 0.03%
Teledyne Technologies Incorporated 0.01%
Textron Inc. 15/3/2026 0.01%
Transdigm Group Incorporated 0.02%

Tobacco

Altria Group Inc 0.06%
British American Tobacco P.L.C. 0.08%
Imperial Brands PLC 0.02%
Japan Tobacco Inc. 0.02%
Philip Morris International Inc. 0.08%
Swedish Match Ab 0.01%

Gambling

Crown Resorts Ltd 0.02%
Galaxy Entertainment Group Limited 0.01%
Las Vegas Sands Corp 250625 2.90 Cb 0.02%
Mgm Resorts International 0.01%
Sands China Ltd 080828 5.4 Cb 0.01%
Skycity Entertainment Group Ltd 0.25%
Star Entertainment Grp Ltd 0.02%
Tabcorp Holdings Ltd 0.06%

Alcohol

Altria Group Inc 0.06%
Ambev SA 0.01%
Anheuser-Busch Inbev Finance Inc. 17/1/2023 0.05%
Anheuser-Busch Inbev SA/Nv 0.03%
Anheuser-Busch Inbev Worldwide Inc. 15/7/2022 0.04%
Asahi Group Holdings,Ltd. 0.01%
Bacardi Ltd 150121 4.5 Cb 0.01%
Carlsberg A/S Class B 0.01%
Diageo PLC 0.09%
Heineken Nv 0.02%
Kirin Holdings Company, Limited 0.01%
Kweichow Moutai Co., Ltd. Class A 0.02%
LVMH 0.03%
LVMH Moet Hennessy Louis Vuitton Se 0.09%
Metcash Ltd 0.01%
Pernod Ricard SA 0.03%

Palm Oil

GMOs

Basf N 0.01%
Basf Se 0.04%
Bayer AG 0.06%
Dupont De Nemours, Inc. 0.02%
Japan Tobacco Inc. 0.02%
Novartis AG 0.16%
Syngenta Finance AG 240420 3.698 Cb 0.02%

Human Rights & Environmental Violations

BHP Group Ltd 0.60%
BHP Group PLC 0.04%
Chevron Corp 0.01%
Chevron Corporation 0.12%
Duke Energy Corporation 0.04%
Freeport-Mcmoran, Inc. 0.01%
Glencore PLC 0.02%
Johnson & Johnson 0.31%
Nestle S.A. 0.28%
Nestle SA 0.09%
Petroleo Brasileiro SA 0.02%
Petroleo Brasileiro SA Pfd 0.01%
Rio Tinto Limited 0.02%
Rio Tinto Ltd 0.27%
Rio Tinto PLC 0.07%
Royal Dutch Shell PLC Class A 0.05%
Royal Dutch Shell PLC Class B 0.05%
Sempra Energy 0.02%
Vale S.A. 0.03%

Animal Testing

Air Liquide SA 0.020%
Air Liquide SA Temp 0.040%
Air Products and Chemicals, Inc. 0.040%
Akzo Nobel N.V. 0.010%
Altria Group Inc 0.060%
Basf N 0.010%
Basf Se 0.040%
Bayer AG 0.060%
Bayer US Finance Ii Llc 15/8/2025 0.030%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.010%
British American Tobacco P.L.C. 0.080%
Chevron Corp 0.010%
Chevron Corporation 0.120%
Church & Dwight Co., Inc. 0.020%
Clorox Company 0.030%
Coca-Cola 0.010%
Coca-Cola Company 0.130%
Colgate-Palmolive Company 0.020%
Danone SA 0.050%
Danone SA 021121 2.077 Cb 0.010%
Ecolab Inc. 0.020%
Estee Lauder Companies Inc. Class A 0.020%
Fmc Corporation 0.010%
General Mills Inc 160421 Frn 0.010%
General Mills, Inc. 0.020%
Givaudan SA 0.030%
Glaxosmithkline PLC 0.120%
Henkel AG & Co. Kgaa Pref 0.020%
Hindustan Unilever Limited 0.030%
Honeywell International Inc. 0.080%
Imperial Brands PLC 0.020%
International Flavors & Fragrances Inc. 0.010%
International Flavors and Fragrances Inc 250920 3.40 Cb 0.020%
Johnson & Johnson 0.310%
Kimberly-Clark Corporation 0.040%
Koninklijke Dsm N.V. 0.020%
L'Oreal SA 0.020%
L'Oreal SA Temp 0.040%
LVMH 0.030%
LVMH Moet Hennessy Louis Vuitton Se 0.090%
Nestle S.A. 0.280%
Nestle SA 0.080%
Pepsico Inc 0.010%
Pepsico Inc. 19/3/2030 0.020%
Pepsico, Inc. 0.130%
Philip Morris International Inc. 0.080%
Procter & Gamble 0.020%
Procter & Gamble Company 0.200%
Reckitt Benckiser Group PLC 0.070%
Reckitt Benckiser Treasury Services PLC 240622 2.375 Cb 0.030%
Royal Dutch Shell PLC Class A 0.050%
Royal Dutch Shell PLC Class B 0.050%
Shiseido Company,Limited 0.020%
Shiseido Ltd 0.010%
Symrise AG 0.010%
Syngenta Finance AG 240420 3.698 Cb 0.020%
Tesco PLC 0.020%
Tesco Property Finance PLC 130744 Sf 0.030%
Unilever Nv 0.080%
Unilever PLC 0.070%
Walgreens Boots Alliance Inc 0.020%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020	-3.47%	-8.53%
2019	6.87%	7.05%
2018	7.63%	4.54%
2017	8.87%	9.95%
2016	3.62%	4.79%
2015	13.73%	11.59%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

Vanguard International Credit Securities Index Fund Hedged
Australia Int Fixed Interest

8.0625%
Vanguard S&P 500 ETF
United States International Equities

7.995%
Vanguard FTSE Europe ETF
United States International Equities

7.32%
Vanguard FTSE Emerging Markets ETF
United States International Equities

5.7975%
Vanguard FTSE Pacific ETF
United States International Equities

4.785%
Vanguard Mid-Cap ETF
United States International Equities

4.1025%
Vanguard Value ETF
United States International Equities

4.005%
Vanguard Small-Cap ETF
United States International Equities

3.54%
Vanguard International Property Securities Index Fund Hedged
Australia Listed Property

2.7975%
Ishares Msci Usa Esg Screened Ucits ETF
Ireland International Equities

2.64%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual

Type	Target	Actual
Cash and Cash Equivalents	1.0%	2.91%
New Zealand Fixed Interest	9.0%	7.49%
International Fixed Interest	16.0%	16.18%
Australasian Equities	19.0%	20.32%
International Equities	49.0%	48.52%
Listed Properties	6.0%	4.58%
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 Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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:

0.79%
Animal Testing:

3.88%
Fossil Fuels:

3.87%
Gambling:

0.54%
GMOs:

0.43%
Human Rights & Environmental Violations:

2.38%
Palm Oil:

0.07%
Tobacco:

0.34%
Weapons:

0.75%

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"SuperLife Age Steps automatically sets the proportion of your investment in income and growth assets based on your age. As you get older, the proportion of your investment in more volatile growth assets will be reduced, lowering the expected size of the ups and downs in the value of your investment. This option may be suitable if you are saving for retirement (assumed to be age 65), and assumes you will continue to invest your savings and spend them over your retirement period.Your SuperLife Age Steps - Age 50 investment will be allocated 25.8% to income assets and 74.2% to growth assets."

Value	$14M NZD
Period of data report	Tue June 30th 2020
Members	334
Fund started	Sun Sept. 15th 2013
Total annual fund fees	0.61%
Total performance based fees	0.0%
Manager's basic fee	0.49%
Administration charges	0.12%
Total other charges	30.0
Total other charges currency	NZD

Key Personnel

Guy Roulston Elliffe	Currently: Director (4 years, 7 months) Previously: Corporate Governance Manager - ACC (current position) (5 years, 2 months)
Stuart Kenneth Reginald Millar	Currently: Chief Investment Officer - Smartshares (1 years, 1 months) Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)
Hugh Duncan Stevens	Currently: Chief Executive Officer - Smartshares (2 years, 4 months) Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)
Alister John Williams	Currently: Director (4 years, 7 months) Previously: Investment Manager - Trust Management (5 years, 5 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Portfolio holdings v

SuperLife Age Steps - Age 50