SuperLife Invest Global Aggregate Bond Fund

Not Mindful

Fund type: Defensive fund

Past Returns: No three year data yet

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

Annual Fees: 0.49%

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

Aker BP Asa 144A 0.01%
Apt Pipelines Ltd Regs 0.01%
BP Capital Markets America Inc. 0.02%
BP Capital Markets PLC Mtn Regs 0.01%
Berkshire Hathaway Energy Co 0.01%
Bg Energy Capital PLC Mtn Regs 0.01%
Chevron Corp 0.01%
Continental Resources Inc 144A 0.01%
Dominion Energy South Carolina Inc 0.01%
Enagas Financiaciones Sau Mtn Regs 0.01%
Enbridge Gas Inc Mtn 0.01%
Energy Transfer Lp 0.01%
Energy Transfer Partners Lp 0.01%
Engie SA Mtn Regs 0.01%
Eni Spa 144A 0.01%
Equinor Asa 0.02%
Equinor Asa Mtn Regs 0.01%
Exxon Mobil Corp 0.04%
Glencore Funding Llc 144A 0.01%
Indonesia Asahan Aluminium Persero Regs 0.01%
Jefferies Group Llc Mtn 0.01%
Korea Gas Corporation Mtn Regs 0.01%
OMV AG Mtn Regs 0.01%
Pertamina Persero Pt Mtn Regs 0.01%
Pioneer Natural Resources Company 0.01%
Posco Regs 0.01%
Qatar Petroleum Regs 0.01%
Saudi Arabian Oil Co Mtn Regs 0.02%
Shell International Finance Bv 0.04%
Shell International Finance Bv Mtn Regs 0.02%
Sinopec Group Overseas Development Regs 0.01%
Snam Spa Mtn Regs 0.01%
Total Capital International SA 0.01%
Total Capital International SA Mtn Regs 0.01%
Total SA Mtn Regs 0.01%
Vale Overseas Ltd 0.01%
Williams Companies Inc 0.01%

Weapons

Airbus Se Mtn Regs 0.02%
Boeing Co 0.08%
General Dynamics Corporation 0.01%
Honeywell International Inc 0.01%
Northrop Grumman Corp 0.01%

Tobacco

Altria Group Inc 0.01%
Bat International Finance PLC 144A 0.01%
Philip Morris International Inc 0.03%

Alcohol

Anheuser Busch Inbev Nv Mtn Regs 0.02%
Anheuser-Busch Companies Llc 0.02%
Anheuser-Busch Inbev Worldwide Inc 0.04%
Bacardi Ltd 144A 0.01%
Carlsberg Breweries A/S Mtn Regs 0.01%
LVMH Moet Hennessy Louis Vuitton S Mtn Regs 0.01%

Human Rights & Environmental Violations

Adani Ports and Special Economic Z Regs 0.01%
Bayer US Finance Ii Llc 144A 0.01%
Bg Energy Capital PLC Mtn Regs 0.01%
Chevron Corp 0.01%
Credit Suisse Group AG 144A 0.01%
Credit Suisse Group AG Mtn Regs 0.01%
Duke Energy Corp 0.02%
Energy Transfer Lp 0.01%
Energy Transfer Partners Lp 0.01%
Freeport-Mcmoran Inc 0.01%
Glencore Funding Llc 144A 0.01%
Indonesia Asahan Aluminium Persero Regs 0.01%
Jbs Usa Lux SA 144A 0.01%
Johnson & Johnson 0.03%
Motorola Solutions Inc 0.01%
Nestle Holdings Inc. 144A 0.01%
Nestle Holdings Inc. Mtn Regs 0.01%
Posco Regs 0.01%
Shell International Finance Bv 0.04%
Shell International Finance Bv Mtn Regs 0.02%
Sinopec Group Overseas Development Regs 0.01%
Vale Overseas Ltd 0.01%

Animal Testing

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

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
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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

Ishares Core Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest

99.5616%
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-

3.2266%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.

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

Target

Actual

Type	Target	Actual
Cash and Cash Equivalents	0.0%	0.48%
New Zealand Fixed Interest	0.0%	0.0%
International Fixed Interest	100.0%	99.52%
Australasian Equities	0.0%	0.0%
International Equities	0.0%	0.0%
Listed Properties	0.0%	0.0%
Unlisted Properties	0.0%	0.0%
Other	0.0%	0.0%
Commodities	0.0%	0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

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:

0.00%
Alcohol:

0.12%
Animal Testing:

0.53%
Fossil Fuels:

0.47%
Gambling:

0.00%
GMOs:

0.00%
Human Rights & Environmental Violations:

0.29%
Palm Oil:

0.00%
Tobacco:

0.05%
Weapons:

0.13%

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 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

"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	$4.4M NZD
Period of data report	Thu March 31st 2022
Fund started	Wed July 15th 2020
Total annual fund fees	0.49%
Total performance based fees	0.0%
Manager's basic fee	0.48%
Other management and administration charges	0.01%
Total other charges	12.0
Total other charges currency	NZD

Key Personnel

Guy Roulston Elliffe	Currently: Director (6 years, 4 months) Previously: Corporate Governance Manager - ACC (current position) (6 years, 11 months)
Stuart Kenneth Reginald Millar	Currently: Chief Investment Officer - Smartshares (2 years, 10 months) Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)
Hugh Duncan Stevens	Currently: Chief Executive Officer - Smartshares (4 years, 1 months) Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)
Alister John Williams	Currently: Director (6 years, 4 months) Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Portfolio Holdings v