SuperLife Conservative

Not Mindful

Type: Conservative fund

Past Returns: 2.18%

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 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

Anglo American Capital PLC 0.01%
Basf Se 0.01%
Beach Energy Ltd 0.01%
BHP Group Ltd 0.12%
BHP Group PLC 0.01%
BP P.L.C. 0.01%
Chevron Corporation 0.02%
Cnac Hk Finbridge Co. Ltd. 0.01%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Company 0.04%
Diamondback Energy Inc 011224 2.875% Cb 0.04%
Dominion Energy Gas Holdings Llc 150621 Frn 0.02%
Electricite De France SA 131020 2.35% Cb 0.01%
Enbridge Inc 180222 Frn 0.05%
Enbw Energie Baden-Wuerttemberg AG 0.02%
Enel Finance International Nv 170624 0.0% Cb 0.03%
Enel Spa 0.02%
Energy Transfer Partner Lp 150424 4.50% Cb 0.01%
Eni Spa 0.01%
Exxon Mobil Corp. 0.01%
Exxon Mobil Corporation 0.02%
Genesis Energy Ltd 0.08%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.47%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.23%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.12%
Iberdrola SA 0.02%
Nextera Energy Capital Holdings Inc 250222 Frn 0.04%
Nextera Energy, Inc. 0.02%
Occidental Petroleum Corp 150822 Frn 0.02%
Omers Finance Trust 0.01%
Perusahaan Perseroan Persero Pt Perusahaan Listrik Negara 0.01%
Petrobras Global Finance Bv 150130 5.093% Cb 0.05%
Petrobras Global Finance Bv 170344 7.25% Cb 0.01%
Petroleos Mexicanos 210947 6.75% Gb 0.01%
Reliance Industries Limited 0.02%
Rio Tinto Ltd 0.04%
Rio Tinto PLC 0.02%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%
Saudi Arabian Oil Co 160422 2.75% Cb 0.02%
Saudi Arabian Oil Co. 0.01%
Southern Power Co 201220 Frn 0.01%
Total Se 0.02%
Washington H Soul Pattinson & Co Ltd 0.01%
Woodside Petroleum Ltd 0.01%

Weapons

Boeing Co. 0.01%
Honeywell International Inc. 0.02%

Tobacco

British American Tobacco P.L.C. 0.02%
Philip Morris International Inc. 0.03%

Gambling

Aristocrat Leisure Ltd 0.01%
Crown Resorts Ltd 0.01%
Las Vegas Sands Corp 250625 2.90% Cb 0.04%
Sands China Ltd 080828 5.4% Cb 0.03%
Skycity Entertainment Group Ltd 0.11%
Star Entertainment Grp Ltd 0.01%
Tabcorp Holdings Ltd 0.02%

Alcohol

Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.02%
Anheuser-Busch Inbev SA/Nv 0.01%
Bacardi Ltd 150121 4.5% Cb 0.01%
Coca-Cola Amatil Ltd 0.02%
Diageo PLC 0.02%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton Se 0.03%

Palm Oil

GMOs

Human Rights & Environmental Violations

BHP Group Ltd 0.12%
Chevron Corporation 0.02%
Johnson & Johnson 0.09%
Nestle S.A. 0.08%
Nestle SA 0.03%
Rio Tinto Ltd 0.04%
Rio Tinto PLC 0.01%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%

Animal Testing

Air Liquide SA Temp 0.010%
Basf Se 0.010%
Bayer AG 0.010%
Bayer Capital Corp. Bv 0.010%
Bayer US Finance Ii Llc 0.010%
Bayer US Finance Ii Llc 151228 4.375% Cb 0.030%
British American Tobacco P.L.C. 0.020%
Chevron Corporation 0.020%
Cnac Hk Finbridge Co. Ltd. 0.010%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Company 0.040%
General Mills Inc 160421 Frn 0.010%
Glaxosmithkline PLC 0.020%
Honeywell International Inc. 0.020%
Johnson & Johnson 0.100%
L'Oreal SA Temp 0.010%
Linde PLC 0.010%
LVMH 0.010%
LVMH Moet Hennessy Louis Vuitton Se 0.030%
Nestle S.A. 0.080%
Nestle SA 0.030%
Pepsico, Inc. 0.040%
Philip Morris International Inc. 0.030%
Procter & Gamble 0.010%
Procter & Gamble Company 0.070%
Reckitt Benckiser Group PLC 0.010%
Reckitt Benckiser Treasury Services PLC 24/06/22 2.375% Cb 0.070%
Reliance Industries Limited 0.020%
Royal Dutch Shell PLC Class A 0.010%
Royal Dutch Shell PLC Class B 0.010%
Shin-Etsu Chemical Co Ltd 0.010%
Tesco Property Finance PLC 13/07/44 Sf 0.070%
Unilever Nv 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 Sept. 30th 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, Sustainalytics and research organisations.

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
2020	-0.18%	-2.55%
2019	4.54%	5.73%
2018	3.22%	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 Thu Dec. 31st 2020.

Showing the top 10 investments for this fund:

Vanguard International Credit Securities Index Fund Hedged
Australia Int Fixed Interest

21.99%
Ishares Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest

5.6134%
Vanguard International Property Securities Index Fund Hedged
Australia Listed Property

3.77%
Vanguard S&P 500 ETF
United States International Equities

2.5872%
Vanguard FTSE Europe ETF
United States International Equities

2.3669%
Vanguard FTSE Emerging Markets ETF
United States International Equities

1.8817%
Westpac NZD Current Account
New Zealand Cash and Equivalents AA-

1.6537%
Vanguard FTSE Pacific ETF
United States International Equities

1.5614%
New Zealand Government 20/09/25 2.0% Ib
New Zealand NZ Fixed Interest AA+

1.4302%
Vanguard Value ETF
United States International Equities

1.3253%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 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%	4.17%
New Zealand Fixed Interest	24.0%	21.69%
International Fixed Interest	45.0%	44.04%
Australasian Equities	6.5%	8.35%
International Equities	16.0%	15.99%
Listed Properties	7.5%	5.76%
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 Dec. 31st 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:

0.44%
Animal Testing:

2.51%
Fossil Fuels:

4.12%
Gambling:

0.31%
GMOs:

0.01%
Human Rights & Environmental Violations:

0.87%
Palm Oil:

0.04%
Tobacco:

0.22%
Weapons:

0.40%

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

Value	$88M NZD
Period of data report	Thu Dec. 31st 2020
Members	250
Fund started	Fri Oct. 28th 2016
Total annual fund fees	0.47%
Total performance based fees	0.0%
Manager's basic fee	0.46%
Administration charges	0.01%
Total other charges	12.0
Total other charges currency	NZD

Key Personnel

Guy Roulston Elliffe	Currently: Director (5 years, 1 months) Previously: Corporate Governance Manager - ACC (current position) (5 years, 8 months)
Stuart Kenneth Reginald Millar	Currently: Chief Investment Officer - Smartshares (1 years, 7 months) Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)
Hugh Duncan Stevens	Currently: Chief Executive Officer - Smartshares (2 years, 10 months) Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)
Alister John Williams	Currently: Director (5 years, 1 months) Previously: Investment Manager - Trust Management (5 years, 11 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Portfolio holdings v