Not Mindful
Fund type: Conservative fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership 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
BHP Group Ltd 0.04%
Diamondback Energy Inc 011224 2.875 Cb 0.03%
Enbridge Inc 180222 Frn 0.04%
Energy Transfer Partner Lp 150424 4.50 Cb 0.01%
Genesis Energy Ltd 0.02%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.30%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.09%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.08%
Oil Search Ltd 0.01%
Petroleos Mexicanos 210947 6.75 Gb 0.01%
Qatar Petroleum 120741 3.125 Gb 0.02%
Qatar Petroleum 120926 1.375 Gb 0.02%
Saudi Arabian Oil Co 160422 2.75 Cb 0.02%
Weapons
Tobacco
Gambling
Las Vegas Sands Corp 250625 2.90 Cb 0.03%
Sands China Ltd 080828 5.4 Cb 0.02%
Skycity Entertainment Group Ltd 0.03%
Adult Entertainment/Pornography
Alcohol
LVMH Moet Hennessy Louis Vuitton Se 0.01%
Palm Oil
Human Rights & Environmental Violations
BHP Group Ltd 0.04%
Energy Transfer Partner Lp 150424 4.50 Cb 0.01%
Johnson & Johnson 0.01%
Nestle SA 0.02%
Rio Tinto Ltd 0.01%
Animal Testing
Bayer US Finance Ii Llc 151228 4.375 Cb 0.02%
Johnson & Johnson 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.01%
Nestle SA 0.02%
Reckitt Benckiser Treasury Services PLC 240622 2.375 Cb 0.06%
Reliance Industries Ltd. 0.01%
Tesco Property Finance PLC 130744 Sf 0.06%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.
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.
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 |
|---|---|---|
| 2021 | 8.80% | 5.62% |
| 2020 | 0.59% | 0.32% |
| 2019 | 4.26% | 3.43% |
| 2018 | 3.73% | 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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
-
Ishares Core Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest22.6801% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-5.3603% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA1.5187% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA1.4148% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA1.2268% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA1.2094% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA1.0664% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA1.0664% -
Vanguard Total World Stock ETF
United States International Equities1.0615% -
New Zealand Government Inflation Linked Bond
New Zealand NZ Fixed Interest AAA1.0214%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 27.1% | 27.54% |
| New Zealand Fixed Interest | 25.2% | 24.15% |
| International Fixed Interest | 37.8% | 38.27% |
| Australasian Equities | 2.5% | 2.61% |
| International Equities | 6.4% | 6.74% |
| Listed Properties | 0.5% | 0.69% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.5% | 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 Fri Dec. 31st 2021.
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).
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.01%
-
Alcohol:0.12%
-
Animal Testing:0.74%
-
Fossil Fuels:1.11%
-
Gambling:0.11%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.28%
-
Palm Oil:0.01%
-
Tobacco:0.05%
-
Weapons:0.13%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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.
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 | $0 NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Members | Not provided |
| Fund started | Sun Sept. 15th 2013 |
| Total annual fund fees | 0.56% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.55% |
| Other management and administration charges | 0.01% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (6 years, 1 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (2 years, 7 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (3 years, 10 months) |
|
Alister John Williams |
Currently: Director (6 years, 1 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
