SuperLife Conservative Fund

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Fund type: Conservative fund

Past Returns: 3.52%

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

Annual Fees: 0.47%

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

Genesis Energy Ltd 5.00% 3/04/2025 0.41%
Contact Energy 07/11/22 Promissory Note 0.33%
Genesis Energy Ltd 251122 Pnote 0.21%
Contact Energy Ltd 0.19%
Nextera Energy Inc. 0.12%
BHP Group Ltd 0.12%
Contact Energy Ltd 5.82% 11/04/2028 0.11%
Exxon Mobil Corp. 0.08%
Contact Energy Ltd 3.55% 15/08/2024 0.07%
Chevron Corp. 0.06%
Shell PLC 0.06%
Duke Energy Corp. 0.05%
Enbridge Inc. 0.05%
Genesis Energy Ltd 0.05%
Southern Co. 0.05%
Dominion Energy Inc. 0.04%
Genesis Energy Ltd 5.81% 8/03/2023 0.04%
Woodside Energy Group Ltd 0.04%
American Electric Power Co. Inc. 0.03%
BHP Group Ltd. 0.03%
Cheniere Energy Inc. 0.03%
National Grid PLC 0.03%
Reliance Industries Ltd. 0.03%
Sempra Energy 0.03%
Tc Energy Corp. 0.03%
Totalenergies Se 0.03%
BP PLC 0.02%
Consolidated Edison Inc. 0.02%
Kinder Morgan Inc. 0.02%
Oneok Inc. 0.02%
Public Service Enterprise Group Inc. 0.02%
Vale SA 0.02%
Wec Energy Group Inc. 0.02%
Whitehaven Coal Ltd 0.02%
Williams Cos. Inc. 0.02%
Xcel Energy Inc. 0.02%
Agl Energy Ltd 0.01%
Ameren Corp. 0.01%
Ampol Ltd 0.01%
Cms Energy Corp. 0.01%
Conocophillips 0.01%
Entergy Corp. 0.01%
Fortis Inc./Canada 0.01%
Glencore PLC 0.01%
Iberdrola SA 0.01%
Pembina Pipeline Corp. 0.01%
Pg&E Corp. 0.01%
Ppl Corp. 0.01%
Santos Ltd 0.01%
South32 Ltd 0.01%
Washington H Soul Pattinson & Co Ltd 0.01%

Weapons

Walmart Inc. 0.03%
Honeywell International Inc. 0.01%
Raytheon Technologies Corp. 0.01%

Tobacco

British American Tobacco PLC 0.01%
Philip Morris International Inc. 0.01%

Gambling

Skycity Entertainment Group Ltd 0.07%
Aristocrat Leisure Ltd 0.01%

Adult Entertainment/Pornography

Alcohol

Diageo PLC 0.02%
Metcash Ltd 0.01%

Palm Oil

GMOs

Human Rights & Environmental Violations

BHP Group Ltd 0.12%
Nestle SA 0.10%
Johnson & Johnson 0.09%
Chevron Corp. 0.06%
Meta Platforms Inc. 0.06%
Shell PLC 0.06%
Duke Energy Corp. 0.04%
BHP Group Ltd. 0.03%
Credit Suisse Group AG 4.55% 17/04/2026 0.03%
Thermo Fisher Scientific Inc. 0.03%
Credit Suisse Group AG 4.207% 12/06/2024 0.02%
Credit Suisse Group AG 6.537% 12/08/2033 0.02%
Credit Suisse New York 3.70% 21/02/2025 0.02%
Rio Tinto Ltd 0.02%
Vale SA 0.02%
Wells Fargo & Co. 0.02%
Wells Fargo & Company 3.526% 24/03/2028 0.02%
Credit Suisse Group AG 1.00% 24/06/2027 0.01%
Credit Suisse Group AG 6.375% #N/A Field Not Applicable 0.01%
Glencore PLC 0.01%
Pg&E Corp. 0.01%
Raytheon Technologies Corp. 0.01%
Rio Tinto PLC 0.01%
Wells Fargo & Company 3.908% 25/04/2026 0.01%
Wells Fargo & Company 4.036% 31/10/2023 0.01%

Animal Testing

Nestle SA 0.10%
Exxon Mobil Corp. 0.09%
Chevron Corp. 0.06%
Procter & Gamble Co. 0.06%
Shell PLC 0.06%
Coca-Cola Co. 0.05%
Pepsico Inc. 0.05%
LVMH Moet Hennessy Louis Vuitton Se 0.04%
Reliance Industries Ltd. 0.03%
Unilever PLC 0.02%
British American Tobacco PLC 0.01%
Honeywell International Inc. 0.01%
L'Oreal SA 0.01%
LVMH 0.01%
Orica Ltd 0.01%
Philip Morris International Inc. 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 Fri Sept. 30th 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.

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 -0.26% 0.38%
2021 8.99% 12.74%
2020 0.27% -2.55%
2019 4.19% 5.73%
2018 3.39% 3.35%

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 Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    18.75%
  • Vanguard Total World Stock ETF
    United States International Equities
    5.65%
  • Vanguard S&P 500 ETF
    United States International Equities
    2.19%
  • New Zealand Government 0.50% 15/05/2024
    New Zealand NZ Fixed Interest AAA
    2.18%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    1.87%
  • New Zealand Government 5.50% 15/04/2023
    New Zealand NZ Fixed Interest AAA
    1.67%
  • Vanguard FTSE Europe ETF
    United States International Equities
    1.62%
  • New Zealand Government 2.75% 15/04/2025
    New Zealand NZ Fixed Interest AAA
    1.52%
  • New Zealand Government 4.50% 15/04/2027
    New Zealand NZ Fixed Interest AAA
    1.49%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    1.46%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Sept. 30th 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 21.0% 15.0366%
New Zealand Fixed Interest 20.0% 28.2775%
International Fixed Interest 29.0% 28.5233%
Australasian Equities 5.0% 4.9913%
International Equities 15.0% 17.8997%
Listed Properties 5.0% 3.8415%
Unlisted Properties 0.0% 0.0%
Other 5.0% 1.4302%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 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).

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:
    0.01%
  • Alcohol:
    0.16%
  • Animal Testing:
    1.60%
  • Fossil Fuels:
    3.89%
  • Gambling:
    0.14%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.35%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.10%
  • Weapons:
    0.35%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 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.

In their own words

"Invests mostly in income assets and is designed for investors that want a conservative investment option. Negative annual returns may occur once in every 7-10 years on average."

Value $92M NZD
Period of data report Fri Sept. 30th 2022
Fund started Fri Oct. 28th 2016
Total annual fund fees 0.47%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.02%
Total other charges 12.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (6 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (7 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (3 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (4 years, 7 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (6 years, 10 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 Fri Sept. 30th 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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 Markets Conduct Act 2013 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.