Funds
SuperLife Invest Global Aggregate Bond Fund
Fund type: Defensive fund
Past Returns: *-8.50%Annual Fees: 0.49%
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
- Shell International Finance Bv 0.03%
- Enel Finance International Nv Mtn Regs 0.02%
- Exxon Mobil Corp 0.02%
- Saudi Arabian Oil Co Mtn Regs 0.02%
- Shell International Finance Bv Mtn Regs 0.02%
- American Electric Power Company In 0.01%
- BP Capital Markets America Inc. 0.01%
- BP Capital Markets PLC Mtn Regs 0.01%
- Berkshire Hathaway Energy Co 0.01%
- Chevron Corp 0.01%
- Ck Hutchison International (17) (I 144A 0.01%
- Ck Hutchison International 20 Ltd 144A 0.01%
- Cnac Hk Finbridge Co Ltd Regs 0.01%
- Dominion Energy South Carolina Inc 0.01%
- Duke Energy Corp 0.01%
- Enbridge Gas Inc Mtn 0.01%
- Enbw International Finance Bv Mtn Regs 0.01%
- Enel Finance International Nv 144A 0.01%
- Energy Transfer Lp 0.01%
- Eni Spa 144A 0.01%
- Equinor Asa 0.01%
- Glencore Funding Llc 144A 0.01%
- Nextera Energy Capital Holdings In 0.01%
- OMV AG Mtn Regs 0.01%
- Pertamina Persero Pt Mtn Regs 0.01%
- Perusahaan Listrik Negara (Persero Mtn Regs 0.01%
- Pioneer Natural Resources Company 0.01%
- SA Global Sukuk Ltd Regs 0.01%
- Total Capital International SA 0.01%
- Total Capital International SA Mtn Regs 0.01%
- Williams Companies Inc 0.01%
- Xcel Energy Inc 0.01%
Weapons
- Boeing Co 0.05%
- Walmart Inc 0.03%
- Airbus Se Mtn Regs 0.01%
- General Dynamics Corporation 0.01%
- Honeywell International Inc 0.01%
Tobacco
- Philip Morris International Inc 0.02%
- Bat International Finance PLC 144A 0.01%
Human Rights & Environmental Violations
- Wells Fargo & Company Mtn 0.02%
Animal Cruelty
- Coca-Cola Co 0.03%
- Shell International Finance Bv 0.03%
- Exxon Mobil Corp 0.02%
- Philip Morris International Inc 0.02%
- Shell International Finance Bv Mtn Regs 0.02%
- Air Liquide Finance SA 144A 0.01%
- Archer Daniels Midland Co 0.01%
- Bat International Finance PLC 144A 0.01%
- Bayer US Finance Ii Llc 144A 0.01%
- Chevron Corp 0.01%
- Cnac Hk Finbridge Co Ltd Regs 0.01%
- Danone SA Mtn Regs 0.01%
- Dow Chemical Company (The) 0.01%
- Eni Spa 144A 0.01%
- General Mills Inc 0.01%
- Honeywell International Inc 0.01%
- Kraft Heinz Foods Co 0.01%
- LVMH Moet Hennessy Louis Vuitton S Mtn Regs 0.01%
- Nestle Holdings Inc. 144A 0.01%
- Nestle Holdings Inc. Mtn Regs 0.01%
- Pepsico Inc 0.01%
- Sherwin-Williams Company (The) 0.01%
- Syngenta Finance Nv 144A 0.01%
- Unilever Capital Corp 0.01%
- Unilever Finance Netherlands Bv Regs 0.01%
This data is compiled by Mindful Money from the fund information and portfolios
that each 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
The Global Aggregate Bond Fund invests in international bonds and is designed to track the return (before tax, fees and other expenses) of the Bloomberg Global Aggregate Bond Index, 100% hedged to the New Zealand dollar.
| Value | $130M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 15th July 2020 |
| Total annual fund fees | 0.49% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.44% |
| Other management and administration charges | 0.05% |
| Total other charges | 12.0 |
| 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 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 | 0.06% | |
| Animal Cruelty | 0.32% | |
| Fossil Fuels | 0.38% | |
| Gambling | 0.00% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 0.55% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.03% | |
| Weapons | 0.11% |
This data is compiled by Mindful Money from the fund information and portfolios
that each 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
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 | -2.19% | -5.36% |
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 fund has filed with Disclose register to 31st Dec. 2022.
Top 10 Investments
-
Ishares Core Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest99.96% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-0.09%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.042067% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 99.957933% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 100.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 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 fund has filed with Disclose register to 31st Dec. 2022.