Funds
SuperLife Age Steps - Age 60
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 0.52%
- BHP Group Ltd 0.43%
- Nextera Energy Inc. 0.26%
- Genesis Energy Ltd 5.00% 3/04/2025 0.24%
- Contact Energy 07/11/22 Promissory Note 0.19%
- Exxon Mobil Corp. 0.14%
- Shell PLC 0.14%
- Genesis Energy Ltd 0.13%
- Woodside Energy Group Ltd 0.13%
- Genesis Energy Ltd 251122 Pnote 0.12%
- Chevron Corp. 0.10%
- Duke Energy Corp. 0.10%
- Southern Co. 0.10%
- Enbridge Inc. 0.09%
- BHP Group Ltd. 0.08%
- BP PLC 0.07%
- Cheniere Energy Inc. 0.07%
- Dominion Energy Inc. 0.07%
- National Grid PLC 0.07%
- Totalenergies Se 0.07%
- Reliance Industries Ltd. 0.06%
- Sempra Energy 0.06%
- American Electric Power Co. Inc. 0.05%
- Conocophillips 0.05%
- Consolidated Edison Inc. 0.05%
- Santos Ltd 0.05%
- Tc Energy Corp. 0.05%
- Whitehaven Coal Ltd 0.05%
- Ampol Ltd 0.04%
- Iberdrola SA 0.04%
- Kinder Morgan Inc. 0.04%
- Oneok Inc. 0.04%
- Petroleo Brasileiro SA 0.04%
- Washington H Soul Pattinson & Co Ltd 0.04%
- Wec Energy Group Inc. 0.04%
- Williams Cos. Inc. 0.04%
- Xcel Energy Inc. 0.04%
- Ameren Corp. 0.03%
- Glencore PLC 0.03%
- Pg&E Corp. 0.03%
- Public Service Enterprise Group Inc. 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%
- Enel Spa 0.02%
- Entergy Corp. 0.02%
- Equinor Asa 0.02%
- Evergy Inc. 0.02%
- Fortis Inc./Canada 0.02%
- Genesis Energy Ltd 5.81% 8/03/2023 0.02%
- Mitsui & Co. Ltd. 0.02%
- Pembina Pipeline Corp. 0.02%
- Ppl 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%
- Emera 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%
- Rwe AG 0.01%
- Snam Spa 0.01%
Weapons
- Walmart Inc. 0.07%
- Honeywell International Inc. 0.04%
- Lockheed Martin Corp. 0.04%
- Raytheon Technologies Corp. 0.04%
- Airbus Se 0.02%
- Amphenol Corp. 0.02%
- Safran SA 0.02%
- Bae Systems PLC 0.01%
- Boeing Co. 0.01%
- Northrop Grumman Corp. 0.01%
- Transdigm Group Inc. 0.01%
- Wal-Mart De Mexico Sab De Cv 0.01%
- Walmart Inc 0.01%
Tobacco
- British American Tobacco PLC 0.05%
- Philip Morris International Inc. 0.05%
- Altria Group Inc. 0.01%
Gambling
- Skycity Entertainment Group Ltd 0.19%
- Aristocrat Leisure Ltd 0.04%
- 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%
- Heineken Nv 0.01%
GMOs
- Corteva Inc. 0.02%
Human Rights & Environmental Violations
- BHP Group Ltd 0.43%
- Nestle SA 0.23%
- Johnson & Johnson 0.20%
- Shell PLC 0.14%
- Meta Platforms Inc. 0.12%
- Chevron Corp. 0.10%
- Duke Energy Corp. 0.10%
- Rio Tinto Ltd 0.08%
- Thermo Fisher Scientific Inc. 0.07%
- Wells Fargo & Co. 0.07%
- BHP Group Ltd. 0.07%
- Lockheed Martin Corp. 0.04%
- Petroleo Brasileiro SA 0.04%
- Raytheon Technologies Corp. 0.04%
- Rio Tinto PLC 0.04%
- Glencore PLC 0.03%
- Pg&E Corp. 0.03%
- Vale SA 0.03%
- Basf Se 0.02%
- Bayer AG 0.02%
- Caterpillar Inc. 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 4.207% 12/06/2024 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%
Animal Cruelty
- Nestle SA 0.24%
- Exxon Mobil Corp. 0.14%
- Shell PLC 0.14%
- Procter & Gamble Co. 0.12%
- Chevron Corp. 0.10%
- Coca-Cola Co. 0.10%
- Pepsico Inc. 0.10%
- LVMH Moet Hennessy Louis Vuitton Se 0.09%
- Unilever PLC 0.09%
- Reliance Industries Ltd. 0.06%
- British American Tobacco PLC 0.05%
- Philip Morris International Inc. 0.05%
- Honeywell International Inc. 0.04%
- L'Oreal SA 0.03%
- LVMH 0.03%
- Orica Ltd 0.03%
- Air Liquide SA 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%
- 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%
- Altria Group Inc. 0.01%
- Archer-Daniels-Midland Co. 0.01%
- Asian Paints Ltd. 0.01%
- Coca-Cola 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%
- Lair Liquide Societe Anonyme Pour 0.01%
- Loreal SA 0.01%
- Mitsubishi Corp 0.01%
- Mitsubishi Corp. 0.01%
- Mondelez International Inc. 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
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 60 investment will be allocated 42.6% to income assets and 57.4% to growth assets.
| Value | $19M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 1,315 |
| Fund started | 15th Sept. 2013 |
| 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 | 0.36% | |
| Animal Cruelty | 3.36% | |
| Fossil Fuels | 6.49% | |
| Gambling | 0.39% | |
| GMOs | 0.04% | |
| Human Rights & Environmental Violations | 2.64% | |
| Palm Oil | 0.03% | |
| Tobacco | 0.20% | |
| Weapons | 0.69% |
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% | 1.65% |
| 2021 | 16.60% | 21.94% |
| 2020 | -1.09% | -6.1% |
| 2019 | 5.56% | 6.04% |
| 2018 | 5.28% | 4.04% |
| 2017 | 5.86% | 8.17% |
| 2016 | 4.01% | 4.31% |
| 2015 | 11.09% | 9.93% |
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 Interest11.23% -
Vanguard Total World Stock ETF
United States International Equities7.78% -
Vanguard S&P 500 ETF
United States International Equities5.4% -
Vanguard FTSE Europe ETF
United States International Equities4.58% -
Vanguard FTSE Emerging Markets ETF
United States International Equities3.81% -
Vanguard Global Infrastructure Index ETF
Australia International Equities2.99% -
Vanguard FTSE Pacific ETF
United States International Equities2.86% -
Vanguard Mid-Cap ETF
United States International Equities2.45% -
Vanguard Small-Cap ETF
United States International Equities2.07% -
Vanguard Value ETF
United States International Equities1.67%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 14.5% | 7.686924% |
| New Zealand Fixed Interest | 8.56% | 16.585389% |
| International Fixed Interest | 0.0% | 17.627735% |
| Australasian Equities | 37.12% | 14.715957% |
| International Equities | 17.64% | 37.486287% |
| Listed Properties | 2.9% | 2.910005% |
| Unlisted Properties | 16.38% | 0.0% |
| Other | 0.0% | 2.987703% |
| Commodities | 2.9% | 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.