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

    • Meta Platforms, Inc. 0.40%
    • Rio Tinto 0.16%
    • Johnson & Johnson 0.13%
    • Nestlé 0.11%
    • Wells Fargo 0.09%
    • Thermo Fisher Scientific 0.08%
    • Caterpillar 0.06%
    • Ubs 0.06%
    • Motorola Solutions Inc 0.05%
    • Palantir Technologies 0.05%
    • Rtx Corp. 0.05%
    • Uber Technologies, Inc. 0.05%
    • Lockheed Martin Corp. 0.04%
    • Glencore 0.03%
    • The Boeing Co. 0.03%
    • Saudi Aramco 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BHP Group 0.45% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.12%
    • Shell 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chevron Corp. 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pg&E Corp 0.07%
    • Glencore 0.03%
    • 3M 0.02%
    • Archer-Daniels Midland 0.02%
    • Basf Se 0.02%
    • Bayer 0.02%
    • Corteva, Inc. 0.02%
    • Freeport-Mcmoran Inc 0.02%
    • Posco 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vale SA 0.01%
    • Exxon Mobil Corp. 0.17% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Procter & Gamble Co. 0.12%
    • LVMH Moët Hennessy Louis Vuitton Se 0.11%
    • Shell 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Unilever PLC 0.08%
    • Chevron Corp. 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Air Liquide 0.06%
    • L'Oréal SA 0.06%
    • Hermès International Sca 0.05%
    • Philip Morris International (Pmi) 0.05%
    • Reliance Industries Ltd. 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shin-Etsu Chemical Co., Ltd. 0.05%
    • Orica Ltd. 0.04%
    • Altria Group, Inc. 0.03%
    • British American Tobacco 0.03%
    • Givaudan SA 0.03%
    • The Sherwin-Williams Co. 0.03%
    • 3M 0.02%
    • Basf Se 0.02%
    • Bayer 0.02%
    • Church & Dwight Co., Inc. 0.02%
    • Colgate-Palmolive Co. 0.02%
    • Corteva, Inc. 0.02%
    • Dow, Inc. 0.02%
    • Dupont De Nemours 0.02%
    • Ecolab, Inc. 0.02%
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • International Flavors & Fragrances, Inc. 0.02%
    • Kimberly-Clark Corp. 0.02%
    • Koninklijke Ahold Delhaize Nv 0.02%
    • Otsuka Holdings Co., Ltd. 0.02%
    • PPG Industries, Inc. 0.02%
    • Henkel AG & Co. Kgaa 0.01%
    • Imperial Brands 0.01%
    • Kao Corp. 0.01%
    • Kering SA 0.01%
    • Novozymes A/S 0.01%
    • Symrise AG 0.01%
    • The Clorox Co. 0.01%
    • The Estée Lauder Companies, Inc. 0.01%
    • Tyson Foods Inc 0.01%
    • Walmart, Inc. 0.11%
    • Amphenol Corp. 0.05%
    • Rtx Corp. 0.05%
    • Transdigm Group, Inc. 0.05%
    • Airbus 0.04%
    • Honeywell International, Inc. 0.04%
    • Lockheed Martin Corp. 0.04%
    • L3Harris Technologies, Inc. 0.03%
    • Rolls-Royce Holdings PLC 0.03%
    • Safran SA 0.03%
    • The Boeing Co. 0.03%
    • Bae Systems PLC 0.02%
    • Daikin Industries Ltd. 0.02%
    • General Dynamics Corp. 0.02%
    • Howmet Aerospace, Inc. 0.02%
    • Northrop Grumman Corp. 0.02%
    • Heico Corp. 0.01%
    • Leidos 0.01%
    • Rheinmetall AG 0.01%
    • Teledyne Technologies, Inc. 0.01%
    • Contact Energy Ltd. 0.51% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group 0.45% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Genesis Energy Ltd. 0.34%
    • Nextera Energy, Inc. 0.20%
    • Exxon Mobil Corp. 0.17% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rio Tinto 0.16%
    • The Southern Co. 0.13%
    • Duke Energy Corp 0.12%
    • National Grid PLC 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Enbridge, Inc. 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oneok, Inc. 0.08%
    • The Williams Cos., Inc. 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Totalenergies Se 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Woodside Energy Group Ltd. 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • American Electric Power Co., Inc. 0.07%
    • Chevron Corp. 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dominion Energy, Inc. 0.07%
    • Pg&E Corp 0.07%
    • Public Service Enterprise Group, Inc. 0.07%
    • Sempra Energy 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Cheniere Energy, Inc. 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Consolidated Edison, Inc. 0.06%
    • Kinder Morgan, Inc. 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Xcel Energy, Inc. 0.06%
    • Channel Infrastructure 0.05%
    • Constellation Energy Corp. 0.05%
    • Entergy Corp. 0.05%
    • Iberdrola 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Mitsubishi Corp. 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Reliance Industries Ltd. 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Santos Ltd. 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Targa Resources Corp. 0.05%
    • Tc Energy Corp. 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Wec Energy Group, Inc. 0.05%
    • Ameren Corp. 0.04%
    • Ampol Ltd. 0.04%
    • BP 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Conocophillips 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Enel 0.04% 1.5°C
      This company is on a 1.5°C pathway
    • Firstenergy Corp. 0.04%
    • Itochu Corp. 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsui & Co., Ltd. 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Orica Ltd. 0.04%
    • Ppl Corp. 0.04%
    • Washington H. Soul Pattinson & Co. Ltd. 0.04%
    • Agl Energy Ltd. 0.03%
    • Atmos Energy Corp. 0.03%
    • Centerpoint Energy, Inc. 0.03%
    • Cms Energy Corp. 0.03%
    • Fortis, Inc. 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Glencore 0.03%
    • Nisource, Inc. 0.03%
    • Royal Vopak Nv 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Whitehaven Coal Ltd. 0.03%
    • Alliant Energy Corp. 0.02%
    • Apa Group 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Clp Holdings Ltd. 0.02%
    • Delta Air Lines, Inc. 0.02%
    • Diamondback Energy, Inc. 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • E.On Se 0.02%
    • Engie SA 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eog Resources, Inc. 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Evergy, Inc. 0.02%
    • Halliburton Co. 0.02%
    • Hess Corp. 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Marathon Petroleum Corp. 0.02%
    • Marubeni Corp. 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Origin Energy 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pembina Pipeline Corp. 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Phillips 66 0.02%
    • Pinnacle West Capital Corp. 0.02%
    • Saudi Aramco 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Snam Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • South32 Ltd. 0.02%
    • The Kansai Electric Power Co., Inc. 0.02%
    • Vistra Energy 0.02%
    • Viva Energy Group Ltd. 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Acwa Power 0.01%
    • Alcoa Corp. 0.01%
    • Centrica PLC 0.01%
    • Chubu Electric Power Co., Inc. 0.01%
    • Coterra Energy, Inc. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dassault Systèmes Se 0.01%
    • Devon Energy Corp. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dte Energy Co. 0.01%
    • Emera, Inc. 0.01%
    • Eqt Corp. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hong Kong & China Gas Co. Ltd. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nippon Steel Corp. 0.01%
    • Nippon Yusen Kk 0.01%
    • Nrg Energy, Inc. 0.01%
    • Occidental Petroleum Corp. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oge Energy Corp. 0.01%
    • Osaka Gas 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Posco 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Power Assets Holdings Ltd. 0.01%
    • Rwe AG 0.01%
    • Sumitomo Corp. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tokyo Gas Co., Ltd. 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vale SA 0.01%
    • Valero Energy Corp. 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. 2024 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

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 $21.0M NZD
Period of data report 30th Sept. 2024
Members 1,145
Fund started 15th Sept. 2013
Total annual fund fees 0.6%
Total performance based fees 0.0%
Manager's basic fee 0.59%
Other management and administration charges 0.01%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (1 years, 0 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 10 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th Sept. 2024.

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
2024 10.71% 10.71%
2023 -2.79% -3.8%
2022 1.34% 1.65%
2021 17.98% 21.94%
2020 -1.40% -6.1%
2019 5.81% 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 30th Sept. 2024.

Top 10 Investments

  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    11.5%
  • Vanguard Total World Stock ETF
    United States International Equities
    8.09%
  • Vanguard S&P 500 ETF
    United States International Equities
    6.28%
  • Vanguard FTSE Europe ETF
    United States International Equities
    4.35%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    2.66%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    2.52%
  • Vanguard Mid-Cap ETF
    United States International Equities
    2.35%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    2.27%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.0%
  • Vanguard Growth ETF
    United States International Equities
    2.0%
Type Target Actual
Cash and Cash Equivalents 8.98% 9.41%
New Zealand Fixed Interest 12.6% 12.59%
International Fixed Interest 21.0% 20.92%
Australasian Equities 14.5% 14.3%
International Equities 37.12% 37.37%
Listed Properties 2.9% 2.89%
Unlisted Properties 0.0% 0.0%
Other 2.9% 2.51%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th Sept. 2024.