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. 0.28%
    • Rio Tinto 0.11%
    • Johnson & Johnson 0.09%
    • Nestlé 0.08%
    • Wells Fargo 0.08%
    • Thermo Fisher Scientific 0.06%
    • Ubs 0.05%
    • Caterpillar 0.04%
    • Lockheed Martin Corp. 0.03%
    • Motorola Solutions Inc 0.03%
    • Palantir Technologies 0.03%
    • Rtx Corp. 0.03%
    • Uber Technologies, Inc. 0.03%
    • Glencore 0.02%
    • The Boeing Co. 0.02%
    • Saudi Aramco 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
    • BHP Group 0.31% !!
      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 0.08%
    • Shell 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
    • Chevron 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
    • Pg&E Corp 0.05%
    • 3M 0.02%
    • Corteva, Inc. 0.02%
    • Freeport-Mcmoran Inc 0.02%
    • Glencore 0.02%
    • Archer-Daniels Midland 0.01%
    • Basf Se 0.01%
    • Bayer 0.01%
    • Vale SA 0.01%
    • Exxon Mobil Corp. 0.12% !!
      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. 0.08%
    • Shell 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
    • LVMH Moët Hennessy Louis Vuitton Se 0.07%
    • Unilever PLC 0.06%
    • Chevron 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
    • Air Liquide 0.04%
    • L'Oréal SA 0.04%
    • Philip Morris International (Pmi) 0.04%
    • Reliance Industries 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
    • British American Tobacco 0.03%
    • Hermès International Sca 0.03%
    • Orica Ltd. 0.03%
    • Shin-Etsu Chemical Co., Ltd. 0.03%
    • 3M 0.02%
    • Altria Group, Inc. 0.02%
    • Colgate-Palmolive Co. 0.02%
    • Corteva, Inc. 0.02%
    • Dow, 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
    • Givaudan SA 0.02%
    • The Sherwin-Williams Co. 0.02%
    • Basf Se 0.01%
    • Bayer 0.01%
    • Church & Dwight Co., Inc. 0.01%
    • Dupont De Nemours 0.01%
    • Ecolab, Inc. 0.01%
    • International Flavors & Fragrances, Inc. 0.01%
    • Kao Corp. 0.01%
    • Kimberly-Clark Corp. 0.01%
    • Koninklijke Ahold Delhaize Nv 0.01%
    • Otsuka Holdings Co., Ltd. 0.01%
    • PPG Industries, Inc. 0.01%
    • Walmart, Inc. 0.08%
    • Airbus 0.03%
    • Amphenol Corp. 0.03%
    • Honeywell International, Inc. 0.03%
    • Lockheed Martin Corp. 0.03%
    • Rtx Corp. 0.03%
    • Transdigm Group, Inc. 0.03%
    • Bae Systems PLC 0.02%
    • Daikin Industries Ltd. 0.02%
    • General Dynamics Corp. 0.02%
    • Howmet Aerospace, Inc. 0.02%
    • L3Harris Technologies, Inc. 0.02%
    • Northrop Grumman Corp. 0.02%
    • Rolls-Royce Holdings PLC 0.02%
    • Safran SA 0.02%
    • The Boeing Co. 0.02%
    • Genesis Energy Ltd. 0.42%
    • Contact Energy Ltd. 0.35% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group 0.31% !!
      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
    • Nextera Energy, Inc. 0.14%
    • Exxon Mobil Corp. 0.12% !!
      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 0.11%
    • The Southern Co. 0.09%
    • Duke Energy Corp 0.08%
    • Shell 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
    • Enbridge, Inc. 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
    • National Grid PLC 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
    • Oneok, Inc. 0.06%
    • Woodside Energy Group Ltd. 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
    • American Electric Power Co., Inc. 0.05%
    • Chevron 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
    • Dominion Energy, Inc. 0.05%
    • Pg&E Corp 0.05%
    • Public Service Enterprise Group, Inc. 0.05%
    • Sempra Energy 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
    • The Williams Cos., Inc. 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
    • Totalenergies Se 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
    • Cheniere Energy, Inc. 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
    • Consolidated Edison, Inc. 0.04%
    • Iberdrola 0.04% 1.5°C
      This company is on a 1.5°C pathway
    • Kinder Morgan, Inc. 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
    • Reliance Industries 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
    • Xcel Energy, Inc. 0.04%
    • Ameren Corp. 0.03%
    • Ampol Ltd. 0.03%
    • BP 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
    • Channel Infrastructure 0.03%
    • Conocophillips 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
    • Constellation Energy Corp. 0.03%
    • Enel 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Entergy Corp. 0.03%
    • Firstenergy Corp. 0.03%
    • Itochu Corp. 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
    • Mitsubishi Corp. 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
    • Mitsui & Co., Ltd. 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
    • Orica Ltd. 0.03%
    • Ppl Corp. 0.03%
    • Santos Ltd. 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
    • Targa Resources Corp. 0.03%
    • Tc Energy Corp. 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
    • Washington H. Soul Pattinson & Co. Ltd. 0.03%
    • Wec Energy Group, Inc. 0.03%
    • Agl Energy Ltd. 0.02%
    • 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
    • Atmos Energy Corp. 0.02%
    • Centerpoint Energy, Inc. 0.02%
    • Cms Energy Corp. 0.02%
    • 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
    • Evergy, Inc. 0.02%
    • Fortis, 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
    • Glencore 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
    • Nisource, Inc. 0.02%
    • 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
    • Royal Vopak Nv 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
    • Vistra Energy 0.02%
    • Whitehaven Coal Ltd. 0.02%
    • Clp Holdings Ltd. 0.01%
    • Dassault Systèmes Se 0.01%
    • Delta Air Lines, Inc. 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
    • Diamondback 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
    • Dte Energy Co. 0.01%
    • Eog Resources, 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
    • Halliburton Co. 0.01%
    • Marathon Petroleum Corp. 0.01%
    • Marubeni 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
    • Origin Energy 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
    • Phillips 66 0.01%
    • Pinnacle West Capital Corp. 0.01%
    • Saudi Aramco 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
    • Snam Spa 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
    • South32 Ltd. 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
    • The Kansai Electric Power Co., Inc. 0.01%
    • Vale SA 0.01%
    • Viva Energy Group 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

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 70 investment will be allocated 60.4% to income assets and 39.6% to growth assets.

Value $3.2M NZD
Period of data report 30th Sept. 2024
Members 274
Fund started 15th Sept. 2013
Total annual fund fees 0.58%
Total performance based fees 0.0%
Manager's basic fee 0.57%
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% 8.08%
2023 -2.79% -3.3%
2022 1.34% 0.22%
2021 17.98% 15.68%
2020 -1.40% -3.7%
2019 5.81% 5.08%
2018 5.28% 3.59%
2017 5.86% 6.41%
2016 4.01% 3.81%
2015 11.09% 8.5%

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
    16.43%
  • Vanguard Total World Stock ETF
    United States International Equities
    5.58%
  • Vanguard S&P 500 ETF
    United States International Equities
    4.33%
  • Vanguard FTSE Europe ETF
    United States International Equities
    3.0%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    1.84%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    1.73%
  • NZD Cash Account (ANZ Bank)
    New Zealand Cash and Equivalents
    1.71%
  • Vanguard Mid-Cap ETF
    United States International Equities
    1.62%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    1.56%
  • Vanguard International Credit Securities Index Fund (Hedged)
    Australia Int Fixed Interest
    1.48%
Type Target Actual
Cash and Cash Equivalents 12.4% 12.77%
New Zealand Fixed Interest 18.0% 17.98%
International Fixed Interest 30.0% 29.89%
Australasian Equities 10.0% 9.86%
International Equities 25.6% 25.77%
Listed Properties 2.0% 2.0%
Unlisted Properties 0.0% 0.0%
Other 2.0% 1.73%
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.