SuperLife Overseas Non-Government Bonds Fund

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Type: Defensive fund
Past Returns: 2.97%

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

Annual Fees: 0.44%

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

Abu Dhabi National Energy Co. PJSC 0.03%
Aker BP Asa 0.02%
Anglo American Capital PLC 0.07%
Apt Pipelines Ltd. 0.06%
BHP Billiton Finance Usa Ltd. 0.02%
BP Capital Markets America Inc. 0.16%
BP Capital Markets PLC 0.20%
Bg Energy Capital PLC 0.02%
Canadian Natural Resources Ltd. 0.02%
Centrica PLC 0.02%
Citic Ltd. 0.03%
Ck Hutchison Europe Finance 18 Ltd. 0.02%
Ck Hutchison Finance 16 Ltd. 0.02%
Ck Hutchison International 17 Ii Ltd. 0.03%
Ck Hutchison International 20 Ltd. 0.03%
Coca-Cola Co. 0.08%
Conocophillips 0.02%
Conocophillips Co. 0.02%
Diamondback Energy Inc. 0.02%
Ecopetrol SA 0.05%
Enagas Financiaciones SA 0.02%
Enbridge Inc. 0.02%
Energy Transfer Lp 0.05%
Engie SA 0.10%
Eni Spa 0.10%
Eog Resources Inc. 0.02%
Equinor Asa 0.08%
Eustream As 0.02%
Exxon Mobil Corp. 0.15%
Gazprom Neft Oao Via Gpn Capital SA 0.03%
Gazprom PJSC Via Gaz Capital SA 0.02%
Gazprom PJSC Via Gaz Finance PLC 0.05%
Glencore Capital Finance Dac 0.03%
Glencore Finance Europe Ltd. 0.04%
Glencore Funding Llc 0.04%
Grupo De Inversiones Suramericana SA 0.03%
Hess Corp. 0.02%
Indonesia Asahan Aluminium Persero Pt 0.03%
Infraestructura Energetica Nova Sab De Cv 0.03%
Kazmunaygas National Co. Jsc 0.07%
Kinder Morgan Energy Partners Lp 0.02%
Kinder Morgan Inc. 0.02%
Korea Gas Corp. 0.03%
Lukoil International Finance Bv 0.03%
Lyb International Finance Ii Bv 0.06%
Magellan Midstream Partners Lp 0.02%
Marathon Petroleum Corp. 0.06%
Mplx Lp 0.08%
National Grid Electricity Transmission PLC 0.04%
National Grid North America Inc. 0.02%
Naturgy Finance Bv 0.06%
Nederlandse Gasunie Nv 0.04%
OMV AG 0.05%
Oneok Inc. 0.02%
Ongc Videsh Ltd. 0.03%
Pertamina Persero Pt 0.07%
Perusahaan Perseroan Persero Pt Perusahaan Listrik Negara 0.08%
Phillips 66 0.04%
Posco 0.03%
Repsol International Finance Bv 0.04%
Saudi Arabian Oil Co. 0.11%
Shell International Finance Bv 0.30%
Sinopec Capital 2013 Ltd. 0.02%
Sinopec Group Overseas Development 2012 Ltd. 0.03%
Sinopec Group Overseas Development 2017 Ltd. 0.07%
Sinopec Group Overseas Development 2018 Ltd. 0.07%
Snam Spa 0.02%
Suncor Energy Inc. 0.03%
Teck Resources Ltd. 0.02%
Thaioil Treasury Center Co. Ltd. 0.03%
Total Capital International SA 0.16%
Total Se 0.09%
Vale Overseas Ltd. 0.02%
Vier Gas Transport Gmbh 0.02%
Williams Cos. Inc. 0.02%
Wintershall Dea Finance Bv 0.04%

Weapons

Airbus Finance Bv 0.02%
Airbus Se 0.06%
Babcock International Group PLC 0.02%
Boeing Co. 0.17%
Exor Nv 0.02%
Honeywell International Inc. 0.04%
L3Harris Technologies Inc. 0.02%
Lockheed Martin Corp. 0.02%
Northrop Grumman Corp. 0.02%
Raytheon Technologies Corp. 0.10%
Safran SA 0.04%
Thales SA 0.03%

Tobacco

Altria Group Inc. 0.06%
Bat International Finance PLC 0.10%
Imperial Brands Finance PLC 0.07%
Philip Morris International Inc. 0.04%

Gambling

Las Vegas Sands Corp. 0.01%
Sands China Ltd. 0.06%

Alcohol

Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.10%
Anheuser-Busch Inbev SA/Nv 0.20%
Anheuser-Busch Inbev Worldwide Inc. 0.21%
Asahi Group Holdings Ltd. 0.04%
Bacardi Ltd. 0.02%
Carlsberg Breweries As 0.02%
Constellation Brands Inc. 0.03%
Diageo Finance PLC 0.04%
Diageo Investment Corp. 0.02%
Heineken Nv 0.10%
LVMH Moet Hennessy Louis Vuitton Se 0.05%
Pernod Ricard SA 0.04%

Palm Oil

Posco 0.03%

Human Rights & Environmental Violations

Adani Ports & Special Economic Zone Ltd. 0.03%
BHP Billiton Finance Usa Ltd. 0.02%
Bayer AG 0.08%
Bg Energy Capital PLC 0.02%
Bunge Finance Europe Bv 0.02%
Duke Energy Corp. 0.02%
Glencore Capital Finance Dac 0.03%
Glencore Finance Europe Ltd. 0.04%
Glencore Funding Llc 0.04%
Johnson & Johnson 0.08%
Mmc Norilsk Nickel Ojsc Via Mmc Finance Dac 0.02%
Nestle Finance International Ltd. 0.06%
Nestle Holdings Inc. 0.07%
Posco 0.03%
Rio Tinto Finance Usa Ltd. 0.02%
Sempra Energy 0.02%
Shell International Finance Bv 0.30%
Southern Copper Corp. 0.02%
Vale Overseas Ltd. 0.02%

Animal Testing

Air Liquide Finance SA 0.020%
Akzo Nobel Nv 0.020%
Altria Group Inc. 0.060%
Argentum Netherlands Bv For Zurich Insurance Co. Ltd. 0.020%
Arkema SA 0.040%
Asahi Group Holdings Ltd. 0.040%
Basf Se 0.060%
Bat International Finance PLC 0.100%
Bayer AG 0.080%
Bayer US Finance Ii Llc 0.070%
Bg Energy Capital PLC 0.020%
Celanese US Holdings Llc 0.020%
Coca-Cola Co. 0.080%
Danone SA 0.080%
Dow Chemical Co. 0.080%
Dupont De Nemours Inc. 0.020%
Ecolab Inc. 0.020%
General Mills Inc. 0.020%
Glaxosmithkline Capital Inc. 0.030%
Glaxosmithkline Capital PLC 0.110%
Honeywell International Inc. 0.040%
Imperial Brands Finance PLC 0.070%
Johnson & Johnson 0.080%
Kerry Group Financial Services Unltd Co. 0.020%
Keurig Dr Pepper Inc. 0.020%
Koninklijke Dsm Nv 0.020%
LVMH Moet Hennessy Louis Vuitton Se 0.050%
Linde Finance Bv 0.020%
Linde Inc./Ct 0.020%
Lyb International Finance Ii Bv 0.060%
Mondelez International Holdings Netherlands Bv 0.030%
Mondelez International Inc. 0.040%
Nestle Finance International Ltd. 0.060%
Nestle Holdings Inc. 0.070%
Orbia Advance Corp. Sab De Cv 0.020%
PPG Industries Inc. 0.020%
Pepsico Inc. 0.140%
Philip Morris International Inc. 0.040%
Procter & Gamble Co. 0.150%
Reckitt Benckiser Treasury Services PLC 0.030%
Shell International Finance Bv 0.300%
Tesco Corporate Treasury Services PLC 0.020%
Unilever Capital Corp. 0.020%
Unilever Finance Netherlands Bv 0.020%
Unilever PLC 0.020%

This data is compiled by Mindful Money from the fund information and portfolios that each 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 1.23% 4.97%
2020 0.88% 0.79%
2019 2.43% 3.15%
2018 1.98% 1.54%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    99.27%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.34%

This information has been sourced from the quarterly data that each 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 0.0% 0.34%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 99.66%
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 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:
    0.00%
  • Alcohol:
    1.01%
  • Animal Testing:
    3.54%
  • Fossil Fuels:
    5.24%
  • Gambling:
    0.07%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    1.17%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.52%
  • Weapons:
    0.93%

This data is compiled by Mindful Money from the fund information and portfolios that each 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 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

"Invests in international bonds and designed to reflect the return (before tax fees and other expenses) on international non-government bond markets of developed economies."

Value $54M NZD
Period of data report Wed March 31st 2021
Fund started Fri Oct. 28th 2016
Total annual fund fees 0.44%
Total performance based fees 0.0%
Manager's basic fee 0.43%
Other management and administration charges 0.01%
Total other charges 12.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (5 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (5 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (1 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (3 years, 1 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (5 years, 4 months)
Previously: Investment Manager - Trust Management (6 years, 2 months)

This information has been sourced from the quarterly data that each 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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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.