SuperLife Ethica

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Mindful Fund
Type: Balanced fund
Past Returns: 1.82%

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

Annual Fees: 0.6%

Annual fees, including any membership and % management 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

Enagas SA 0.01%
Enbridge Inc 0.02%
Kinder Morgan Inc 0.02%
Marathon Petroleum Corp 0.01%
Neste Oyj 0.03%
Phillips 66 0.04%
Valero Energy Corp 0.05%

Weapons

Mitsubishi Heavy Industries 0.01%
Teledyne Technologies Inc 0.03%
Transdigm Group Inc 0.01%

Alcohol

LVMH Moet Hennessy Louis Vui 0.13%

GMOs

Novartis AG-Reg 0.14%
Novartis AG-Sponsored Adr 0.01%
Novartis Capital Corp 3.100000% 05/17/2027 0.02%
Novartis Finance SA 1.375000% 08/14/2030 0.02%
Novozymes A/S-B Shares 0.02%
Stora Enso Oyj-R Shs 0.02%

Human Rights & Environmental Violations

Barrick Gold Corp 0.01%
Johnson & Johnson 0.39%
Johnson & Johnson 2.450000% 03/01/2026 0.05%

Animal Testing

Akzo Nobel N.V. 0.010%
Arkema 0.020%
Burberry Group PLC 0.020%
Chr Hansen Holding A/S 0.020%
Church & Dwight Co Inc 0.020%
Clorox Company 0.020%
Clorox Company 3.900000% 05/15/2028 0.020%
Coca-Cola Co/The 0.180%
Coca-Cola Co/The 1.125000% 03/09/2027 0.020%
Coca-Cola Co/The 1.875000% 09/22/2026 0.020%
Coca-Cola European Partners 0.020%
Colgate-Palmolive Co 0.030%
Danone 0.030%
Ecolab Inc 0.050%
Estee Lauder Companies-Cl A 0.060%
Fmc Corp 0.030%
General Mills Inc 0.060%
General Mills Inc 4.200000% 04/17/2028 0.020%
Givaudan-Reg 0.040%
Glaxosmithkline Cap Inc 2.800000% 03/18/2023 0.010%
Glaxosmithkline Capital 1.250000% 05/21/2026 0.020%
Glaxosmithkline Capital 5.250000% 12/19/2033 0.060%
Glaxosmithkline PLC 0.040%
Glaxosmithkline PLC-Spon Adr 0.020%
Intl Flavors & Fragrances 0.020%
Johnson & Johnson 0.390%
Johnson & Johnson 2.450000% 03/01/2026 0.050%
Koninklijke Dsm Nv 0.030%
Kraft Heinz Co/The 0.020%
Kraft Heinz Foods Co 3.950000% 07/15/2025 0.010%
Kraft Heinz Foods Co 4.125000% 07/01/2027 0.020%
L'Oreal 0.070%
LVMH Moet Hennessy Louis Vui 0.130%
Novozymes A/S-B Shares 0.020%
Pepsico Inc 0.100%
PPG Industries Inc 0.060%
PPG Industries Inc 3.750000% 03/15/2028 0.010%
Procter & Gamble Co/The 0.290%
Procter & Gamble Co/The 1.125000% 11/02/2023 0.060%
Procter & Gamble Co/The 1.250000% 10/25/2029 0.060%
Procter & Gamble Co/The 1.800000% 05/03/2029 0.020%
Procter & Gamble Co/The 2.000000% 08/16/2022 0.030%
Reckitt Benckiser Group PLC 0.030%
Shiseido Co Ltd 0.030%
Sumitomo Chemical Co Ltd 0.010%
Symrise AG 0.020%
Tesco PLC 0.040%
Unilever N V -Ny Shares 0.080%
Unilever Nv 1.625000% 02/12/2033 0.050%
Unilever PLC 0.030%
Unilever PLC-Sponsored Adr 0.020%
Walgreens Boots Alliance 3.450000% 06/01/2026 0.150%
Walgreens Boots Alliance Inc 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020 -2.86% -3.68%
2019 4.44% 6.49%
2018 4.90% 2.65%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Dimensional Global Sustainability Trust NZD Hedged
    Australia International Equities
    31.1%
  • Dimensional Global Bond Sustainability Trust NZD
    Australia Int Fixed Interest
    24.75%
  • Dimensional Global Sustainability Trust Unhedged
    Australia International Equities
    8.19%
  • Dimensional Australian Sustainability Trust
    Australia Australasian Equities
    3.81%
  • Vanguard International Property Securities Index Fund Hedged
    Australia Listed Property
    3.53%
  • Westpac Current Account
    New Zealand Cash and Equivalents AA-
    3.05%
  • New Zealand Government 20/09/25 2.0% Ib
    New Zealand NZ Fixed Interest AA+
    0.96%
  • New Zealand Local Government Funding Agency 14/04/33 3.50% Gb
    New Zealand NZ Fixed Interest AA+
    0.84%
  • Fisher & Paykel Healthcare Corp Ltd
    New Zealand Australasian Equities
    0.72%
  • Goodman Property Trust
    New Zealand Listed Property
    0.7%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 3.51%
New Zealand Fixed Interest 13.0% 11.66%
International Fixed Interest 26.0% 24.73%
Australasian Equities 14.5% 15.83%
International Equities 38.0% 39.26%
Listed Properties 7.5% 5.01%
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 Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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:
    0.13%
  • Animal Testing:
    3.14%
  • Fossil Fuels:
    0.31%
  • Gambling:
    0.00%
  • GMOs:
    0.27%
  • Human Rights & Environmental Violations:
    0.48%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.15%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"Invests in a mix of income and growth assets. Designed for investors that want a balanced investment option. A socially responsible fund which excludes assets that do not meet the fund's defined ethical investment standards. Negative annual returns may occur once in every 5-7 years on average. SuperLife provides KiwiSaver, investment, superannuation and insurance solutions to over 50,000 members. For over 15 years we have focused on what matters most to our members: a passive investment philosophy, low fees, flexibility, transparency and exceptional customer service. SuperLife is managed by Smartshares Limited, which is a wholly-owned subsidiary of NZX Limited."

Value $56M NZD
Period of data report Tue June 30th 2020
Members 333
Fund started Fri Oct. 28th 2016
Total annual fund fees 0.6%
Total performance based fees 0.0%
Manager's basic fee 0.28%
Administration charges 0.32%
Total other charges 12.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (4 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (4 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (0 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (2 years, 1 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (4 years, 4 months)
Previously: Investment Manager - Trust Management (5 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

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.