Funds
SuperLife Age Steps - Age 80
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
- Genesis Energy Ltd 5.00% 3/04/2025 0.52%
- Contact Energy 07/11/22 Promissory Note 0.40%
- Genesis Energy Ltd 251122 Pnote 0.25%
- Contact Energy Ltd 0.09%
- Contact Energy Ltd 3.55% 15/08/2024 0.09%
- BHP Group Ltd 0.07%
- Genesis Energy Ltd 5.81% 8/03/2023 0.05%
- Nextera Energy Inc. 0.03%
- Enbridge Inc. 0.02%
- Genesis Energy Ltd 0.02%
- Woodside Energy Group Ltd 0.02%
- BHP Group Ltd. 0.01%
- Dominion Energy Inc. 0.01%
- Duke Energy Corp. 0.01%
- Exxon Mobil Corp. 0.01%
- Reliance Industries Ltd. 0.01%
- Shell PLC 0.01%
- Southern Co. 0.01%
Gambling
- Skycity Entertainment Group Ltd 0.03%
Human Rights & Environmental Violations
- BHP Group Ltd 0.07%
- Credit Suisse Group AG 4.55% 17/04/2026 0.04%
- Credit Suisse Group AG 4.207% 12/06/2024 0.03%
- Credit Suisse Group AG 6.537% 12/08/2033 0.03%
- Credit Suisse New York 3.70% 21/02/2025 0.03%
- Nestle SA 0.03%
- Credit Suisse Group AG 1.00% 24/06/2027 0.02%
- Credit Suisse Group AG 6.375% #N/A Field Not Applicable 0.02%
- Wells Fargo & Company 3.526% 24/03/2028 0.02%
- Duke Energy Corp. 0.01%
- Johnson & Johnson 0.01%
- Rio Tinto Ltd 0.01%
- Shell PLC 0.01%
- Wells Fargo & Company 3.908% 25/04/2026 0.01%
- Wells Fargo & Company 4.036% 31/10/2023 0.01%
Animal Cruelty
- Nestle SA 0.04%
- Exxon Mobil Corp. 0.01%
- LVMH Moet Hennessy Louis Vuitton Se 0.01%
- Reliance Industries Ltd. 0.01%
- Shell PLC 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 80 investment will be allocated 90.1% to income assets and 9.9% to growth assets.
| Value | $43k NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 6 |
| Fund started | 15th Sept. 2013 |
| Total annual fund fees | 0.56% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.56% |
| 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 | 0.00% | |
| Alcohol | 0.08% | |
| Animal Cruelty | 0.65% | |
| Fossil Fuels | 2.32% | |
| Gambling | 0.07% | |
| GMOs | 0.01% | |
| Human Rights & Environmental Violations | 0.77% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.04% | |
| Weapons | 0.14% |
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 | -0.92% | -2.2% |
| 2021 | 8.73% | 5.62% |
| 2020 | 1.42% | 0.32% |
| 2019 | 4.58% | 3.43% |
| 2018 | 3.58% | 2.81% |
| 2017 | 4.10% | 3.43% |
| 2016 | 3.52% | 2.88% |
| 2015 | 8.10% | 6.17% |
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 Interest24.06% -
New Zealand Government 0.50% 15/05/2024
New Zealand NZ Fixed Interest AAA3.09% -
New Zealand Government 5.50% 15/04/2023
New Zealand NZ Fixed Interest AAA2.46% -
Treasury Bill 0.00% 2/03/2023
United States Int Fixed Interest AAA2.2% -
Mortgage Passthrough Tba
United States Int Fixed Interest AA+1.97% -
New Zealand Government 2.75% 15/04/2025
New Zealand NZ Fixed Interest AAA1.88% -
New Zealand Government 4.50% 15/04/2027
New Zealand NZ Fixed Interest AAA1.88% -
New Zealand Government 3.00% 20/04/2029
New Zealand NZ Fixed Interest AAA1.65% -
Vanguard Total World Stock ETF
United States International Equities1.34% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-1.31%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.5% | 16.66893% |
| New Zealand Fixed Interest | 17.2% | 35.540119% |
| International Fixed Interest | 0.0% | 37.773718% |
| Australasian Equities | 6.4% | 2.537234% |
| International Equities | 37.8% | 6.463153% |
| Listed Properties | 0.5% | 0.501725% |
| Unlisted Properties | 35.1% | 0.0% |
| Other | 0.0% | 0.515121% |
| Commodities | 0.5% | 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.