Lifestages Auto Option Age 45 - 54

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Type: Balanced fund
Past Returns: 6.85%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.04%

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

Ampol Ltd 0.02%
Anglo American PLC 0.02%
Apa Group 0.01%
Atmos Energy Corp. 0.01%
BHP Group Limited 0.33%
BHP Group Ltd 0.03%
BHP Group PLC 0.02%
Canadian Natural Resources Ltd 0.01%
Cheniere Energy Inc. 0.02%
Chevron Corp 0.07%
Coca-Cola 0.07%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co. 0.07%
Conocophillips 0.02%
Dominion Energy Inc 0.02%
Dominion Energy Inc. 0.06%
Enbridge Inc 0.02%
Enbridge Inc. 0.07%
Eni 0.01%
Eog Resources Inc 0.01%
Equinor Asa 0.875000% 02/17/2023 0.12%
Equinor Asa 3.700000% 03/01/2024 0.01%
Exxon Mobil Corp 0.08%
Genesis Energy Limited 20/07/2022 1.32% 0.02%
Glencore PLC 0.01%
Hong Kong & China Gas Co. Ltd. 0.01%
Itochu Corp 0.01%
Kinder Morgan Inc 0.01%
Kinder Morgan Inc. 0.03%
Marathon Petroleum Corp 0.01%
Mitsubishi Corp 0.01%
Mitsui Ltd 0.01%
Mplx Lp 4.500000% 07/15/2023 0.03%
Oneok Inc. 0.02%
Pembina Pipeline Corp. 0.01%
Pioneer Natural Resource 0.01%
Public Service Enterprise Group In 0.01%
Public Service Enterprise Group Inc. 0.03%
Royal Dutch Shell PLC 0.03%
Royal Dutch Shell PLC Class B 0.02%
Snam Spa 0.01%
Suncor Energy Inc 0.01%
Tc Energy Corp 0.01%
Tc Energy Corp. 0.04%
Total 0.04%
Total Capital Intl SA 4.250000% 11/26/2021 0.02%
Valero Energy Corp 0.01%
Viva Energy Group Ltd 0.02%
Williams Cos. Inc. 0.03%
Williams Inc 0.01%
Woodside Petroleum Limited 0.05%

Weapons

Amphenol Corp Class A 0.01%
L3Harris Technologies Inc 0.01%
Safran SA 0.01%
Transdigm Group Inc 0.01%

Tobacco

Seven & I Holdings Co. Ltd. 0.01%
Seven & I Holdings Ltd 0.01%

Gambling

Flutter Entertainment PLC 0.01%

Adult Entertainment/Pornography

Alcohol

Anheuser Busch Inbev SA 0.02%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc Class A 0.01%
Diageo PLC 0.03%
LVMH 0.06%
Pernod Ricard SA 0.01%

Palm Oil

GMOs

Corteva Inc 0.01%

Human Rights & Environmental Violations

Archer Daniels Midland 0.01%
BHP Group Limited 0.33%
BHP Group Ltd 0.03%
BHP Group PLC 0.02%
Barrick Gold Corp 0.01%
Bayer AG 0.04%
Chevron Corp 0.07%
Cia Vale Do Rio Doce Sh 0.04%
Duke Energy Corp 0.02%
Duke Energy Corp. 0.06%
Freeport Mcmoran Inc 0.02%
Glencore PLC 0.01%
Johnson & Johnson 0.14%
Motorola Solutions Inc 0.01%
Nestle SA 0.22%
Rio Tinto Ltd 0.05%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC 0.03%
Royal Dutch Shell PLC Class B 0.02%
Sempra Energy 0.05%

Animal Testing

Archer Daniels Midland 0.010%
Basf N 0.020%
Bayer AG 0.040%
Chevron Corp 0.070%
Coca-Cola 0.070%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co. 0.070%
Corteva Inc 0.010%
Corteva Inc. 0.010%
Danone SA 0.020%
Dow Inc 0.020%
Dow Inc. 0.020%
Dupont De Nemours Inc 0.010%
Dupont De Nemours Inc. 0.010%
Eastman Chemical Co 1.500000% 05/26/2023 0.040%
Ecolab Inc 0.020%
Estee Lauder Cos. Inc. Class A 0.020%
Estee Lauder Inc Class A 0.020%
General Mills Inc 0.010%
General Mills Inc. 0.010%
Givaudan SA 0.020%
Glaxosmithkline PLC 0.060%
Hermes International 0.020%
Hp Inc 0.010%
Hp Inc. 0.020%
International Flavors & Fragrances 0.010%
International Flavors & Fragrances Inc. 0.010%
Johnson & Johnson 0.140%
Kao Corp 0.010%
Kao Corp. 0.010%
Kellogg Co 1.750000% 05/24/2021 0.030%
Kimberly Clark Corp 0.020%
Kimberly-Clark Corp. 0.020%
Koninkilijke Dsm Nv 0.010%
Koninklijke Dsm Nv 0.010%
Kraft Heinz Co. 0.010%
L'Oreal SA 0.030%
LVMH 0.060%
Lair Liquide Societe Anonyme Pour 0.030%
Linde PLC 0.100%
Loreal SA 0.030%
Mondelez International Inc Class A 0.030%
Mondelez International Inc. Class A 0.030%
Nestle SA 0.220%
Nufarm Ltd 0.020%
Nutrien Ltd 0.010%
Nutrien Ltd. 0.010%
PPG Industries Inc 0.010%
Pepsico Inc 0.060%
Pepsico Inc. 0.070%
Procter & Gamble 0.110%
Procter & Gamble Co. 0.110%
Reckitt Benckiser Group PLC 0.040%
Royal Dutch Shell PLC 0.030%
Royal Dutch Shell PLC Class B 0.020%
Seven & I Holdings Co. Ltd. 0.010%
Seven & I Holdings Ltd 0.010%
Sherwin Williams 0.020%
Sherwin-Williams Co. 0.020%
Shin Etsu Chemical Ltd 0.020%
Shin-Etsu Chemical Co. Ltd. 0.020%
Shiseido Co. Ltd. 0.010%
Unilever PLC 0.100%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 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 16.64% 18.74%
2020 -1.20% -3.9%
2019 5.69% 5.71%
2018 5.19% 3.0%
2017 5.86% 6.6%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Ishares Wholesale Screened International Equity Index Fund (Class E2)
    Australia International Equities
    17.36%
  • Vanguard Ethically Conscious International Shares Index Fund-NZD Hedged
    Australia International Equities
    16.6%
  • Ishares Global Aggregate Bond Ucits ETF NZD Hedged
    Ireland Int Fixed Interest
    13.0%
  • Harbour NZ Core Fixed Interest Fund
    New Zealand NZ Fixed Interest
    9.95%
  • Dimensional Two-Year Diversified Fixed Interest Trust – NZD Class Units
    Australia Int Fixed Interest
    6.6%
  • Ishares Emerging Markets Imi Equity Index Fund
    Australia International Equities
    4.75%
  • Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged)-NZD Hedged
    Australia Int Fixed Interest
    4.33%
  • Dimensional Australian Sustainability Trust
    Australia Australasian Equities
    3.28%
  • Cash Deposit (ANZ Bank)
    New Zealand Cash and Equivalents A-1+
    3.1%
  • Vanguard Global Infrastructure Index Fund
    Australia Other
    2.07%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed March 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 7.2% 8.35%
New Zealand Fixed Interest 10.0% 9.95%
International Fixed Interest 24.0% 23.93%
Australasian Equities 15.6% 15.31%
International Equities 38.4% 38.71%
Listed Properties 1.8% 1.68%
Unlisted Properties 0.0% 0.0%
Other 3.0% 2.07%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.01%
  • Alcohol:
    0.24%
  • Animal Testing:
    2.78%
  • Fossil Fuels:
    2.11%
  • Gambling:
    0.07%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.31%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.05%
  • Weapons:
    0.12%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 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

"This life cycle investment stage invests 60% in the Lifestages High Growth Fund and 40% in the Lifestages Income Fund which is regarded as providing appropriate levels of risk and return for a person aged 45-54."

Value $29M NZD
Period of data report Wed March 31st 2021
Members 1,003
Fund started Wed Oct. 14th 2015
Total annual fund fees 1.04%
Total performance based fees 0.0%
Manager's basic fee 0.71%
Other management and administration charges 0.33%
Total other charges 24.0
Total other charges currency NZD

Key Personnel

Graham Duston

Currently: Investment Committee member (19 years, 6 months)
Previously: Chief Executive Officer Funds Administration New Zealand Ltd (current) (19 years, 6 months)

Damon O'Brien

Currently: Independent Investment Committee member (5 years, 11 months)
Previously: Chief Investment Officer Consilium Limited (9 years, 0 months)

Martin Pike

Currently: Investment Strategist (5 years, 6 months)
Previously: National Manager Investment Product & Services AMP Financial Services (2 years, 4 months)

Mike Skilling

Currently: Non-executive Director / Investment Committee chairperson (4 years, 10 months)
Previously: GM Business Financial Services & Private Banking BNZ (8 years, 0 months)

Derek Young

Currently: Investment Committee member (16 years, 9 months)
Previously: Executive Director Funds Administration New Zealand Ltd (current) (16 years, 9 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.