SuperLife Balanced Fund

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Fund type: Balanced fund

Past Returns: 6.57%

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

Annual Fees: 0.5%

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

Contact Energy Ltd 0.51%
BHP Group Ltd 0.36%
Nextera Energy Inc. 0.30%
Genesis Energy Ltd 5.00% 3/04/2025 0.21%
Contact Energy 07/11/22 Promissory Note 0.18%
Exxon Mobil Corp. 0.15%
Shell PLC 0.15%
Duke Energy Corp. 0.13%
Genesis Energy Ltd 0.13%
Southern Co. 0.13%
Chevron Corp. 0.12%
Enbridge Inc. 0.12%
Genesis Energy Ltd 251122 Pnote 0.12%
Woodside Energy Group Ltd 0.11%
Dominion Energy Inc. 0.09%
BHP Group Ltd. 0.08%
Cheniere Energy Inc. 0.08%
National Grid PLC 0.08%
Totalenergies Se 0.08%
American Electric Power Co. Inc. 0.07%
BP PLC 0.07%
Sempra Energy 0.07%
Conocophillips 0.06%
Contact Energy Ltd 5.82% 11/04/2028 0.06%
Reliance Industries Ltd. 0.06%
Tc Energy Corp. 0.06%
Consolidated Edison Inc. 0.05%
Kinder Morgan Inc. 0.05%
Wec Energy Group Inc. 0.05%
Williams Cos. Inc. 0.05%
Xcel Energy Inc. 0.05%
Ampol Ltd 0.04%
Glencore PLC 0.04%
Iberdrola SA 0.04%
Oneok Inc. 0.04%
Petroleo Brasileiro SA 0.04%
Pg&E Corp. 0.04%
Public Service Enterprise Group Inc. 0.04%
Santos Ltd 0.04%
Washington H Soul Pattinson & Co Ltd 0.04%
Whitehaven Coal Ltd 0.04%
Ameren Corp. 0.03%
Contact Energy Ltd 3.55% 15/08/2024 0.03%
Entergy Corp. 0.03%
Fortis Inc./Canada 0.03%
Ppl Corp. 0.03%
Totalenergies 0.03%
Vale SA 0.03%
Agl Energy Ltd 0.02%
Alliant Energy Corp. 0.02%
Anglo American PLC 0.02%
Apa Group 0.02%
Atmos Energy Corp. 0.02%
Clp Holdings Ltd. 0.02%
Cms Energy Corp. 0.02%
Devon Energy Corp. 0.02%
Emera Inc. 0.02%
Enel Spa 0.02%
Equinor Asa 0.02%
Evergy Inc. 0.02%
Genesis Energy Ltd 5.81% 8/03/2023 0.02%
Mitsui & Co. Ltd. 0.02%
Pembina Pipeline Corp. 0.02%
Reliance Industries Ltd 0.02%
Saudi Arabian Oil Co. 0.02%
South32 Ltd 0.02%
Targa Resources Corp. 0.02%
Woodside Energy Group Ltd. 0.02%
Constellation Energy Corp. 0.01%
Diamondback Energy Inc. 0.01%
Eni Spa 0.01%
Eog Resources Inc. 0.01%
Hess Corp. 0.01%
Hong Kong & China Gas Co. Ltd. 0.01%
Itochu Corp 0.01%
Itochu Corp. 0.01%
Mitsubishi Corp 0.01%
Mitsubishi Corp. 0.01%
Mitsui Ltd 0.01%
Nisource Inc. 0.01%
Oge Energy Corp. 0.01%
Origin Energy Ltd 0.01%
Pinnacle West Capital Corp. 0.01%
Rwe AG 0.01%
Snam Spa 0.01%
Tokyo Gas Co. Ltd. 0.01%

Weapons

Walmart Inc. 0.08%
Honeywell International Inc. 0.05%
Raytheon Technologies Corp. 0.05%
Lockheed Martin Corp. 0.04%
Airbus Se 0.02%
Amphenol Corp. 0.02%
Northrop Grumman Corp. 0.02%
Safran SA 0.02%
Bae Systems PLC 0.01%
Boeing Co. 0.01%
Transdigm Group Inc. 0.01%
Wal-Mart De Mexico Sab De Cv 0.01%
Walmart Inc 0.01%

Tobacco

Philip Morris International Inc. 0.06%
British American Tobacco PLC 0.05%
Altria Group Inc. 0.02%

Gambling

Skycity Entertainment Group Ltd 0.18%
Aristocrat Leisure Ltd 0.04%
Lottery Corp Ltd/The 0.01%
Star Entertainment Grp Ltd/The 0.01%
Vici Properties Inc. 0.01%

Adult Entertainment/Pornography

Alcohol

Diageo PLC 0.08%
Anheuser-Busch Inbev SA/Nv 0.02%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Endeavour Group Ltd/Australia 0.01%
Heineken Nv 0.01%
Treasury Wine Estates Ltd 0.01%

Palm Oil

GMOs

Corteva Inc. 0.02%

Human Rights & Environmental Violations

BHP Group Ltd 0.36%
Nestle SA 0.25%
Johnson & Johnson 0.22%
Shell PLC 0.15%
Meta Platforms Inc. 0.14%
Duke Energy Corp. 0.12%
Chevron Corp. 0.12%
Thermo Fisher Scientific Inc. 0.09%
BHP Group Ltd. 0.08%
Rio Tinto Ltd 0.07%
Wells Fargo & Co. 0.07%
Raytheon Technologies Corp. 0.05%
Caterpillar Inc. 0.04%
Glencore PLC 0.04%
Lockheed Martin Corp. 0.04%
Petroleo Brasileiro SA 0.04%
Pg&E Corp. 0.04%
Rio Tinto PLC 0.04%
Vale SA 0.04%
Basf Se 0.02%
Bayer AG 0.02%
Corteva Inc. 0.02%
Credit Suisse Group AG 4.55% 17/04/2026 0.02%
Motorola Solutions Inc. 0.02%
Archer-Daniels-Midland Co. 0.01%
Credit Suisse Group AG 1.00% 24/06/2027 0.01%
Credit Suisse Group AG 4.207% 12/06/2024 0.01%
Credit Suisse Group AG 6.375% #N/A Field Not Applicable 0.01%
Credit Suisse Group AG 6.537% 12/08/2033 0.01%
Credit Suisse New York 3.70% 21/02/2025 0.01%
Li Ning Co. Ltd. 0.01%
Meta Platforms Inc Class A 0.01%
Rio Tinto Ltd. 0.01%
Thermo Fisher Scientific Inc 0.01%
Wells Fargo 0.01%
Wells Fargo & Company 3.526% 24/03/2028 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 0.25%
Exxon Mobil Corp. 0.15%
Shell PLC 0.15%
Procter & Gamble Co. 0.13%
Chevron Corp. 0.12%
Coca-Cola Co. 0.10%
Pepsico Inc. 0.10%
Unilever PLC 0.10%
LVMH Moet Hennessy Louis Vuitton Se 0.09%
Philip Morris International Inc. 0.06%
Reliance Industries Ltd. 0.06%
British American Tobacco PLC 0.05%
Honeywell International Inc. 0.05%
L'Oreal SA 0.03%
LVMH 0.03%
Orica Ltd 0.03%
Air Liquide SA 0.02%
Altria Group Inc. 0.02%
Basf Se 0.02%
Bayer AG 0.02%
Cie Financiere Richemont SA 0.02%
Corteva Inc. 0.02%
Daikin Industries Ltd. 0.02%
Hermes International 0.02%
Hindustan Unilever Ltd. 0.02%
Kering SA 0.02%
Mondelez International Inc. 0.02%
Ping An Insurance Group Co. Of China Ltd. 0.02%
Procter & Gamble 0.02%
Reliance Industries Ltd 0.02%
3M Co. 0.01%
Albemarle Corp. 0.01%
Archer-Daniels-Midland Co. 0.01%
Asian Paints Ltd. 0.01%
Coca-Cola 0.01%
Colgate-Palmolive Co. 0.01%
Daikin Industries Ltd 0.01%
Danone SA 0.01%
Eni Spa 0.01%
Givaudan SA 0.01%
International Flavors & Fragrances Inc. 0.01%
Koninklijke Ahold Delhaize Nv 0.01%
Koninklijke Dsm Nv 0.01%
Lair Liquide Societe Anonyme Pour 0.01%
Loreal SA 0.01%
Mitsubishi Corp 0.01%
Mitsubishi Corp. 0.01%
Pepsico 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 0.34% 2.55%
2021 17.46% 23.29%
2020 -1.59% -6.12%
2019 4.47% 6.78%
2018 4.41% 4.01%

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
    10.8%
  • Vanguard Total World Stock ETF
    United States International Equities
    8.55%
  • Vanguard S&P 500 ETF
    United States International Equities
    5.38%
  • Vanguard FTSE Europe ETF
    United States International Equities
    4.38%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    4.22%
  • Vanguard Global Infrastructure Index ETF
    Australia International Equities
    3.1%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    3.04%
  • Vanguard Mid-Cap ETF
    United States International Equities
    2.62%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.28%
  • Vanguard International Property Securities Index Fund
    Australia Listed Property
    2.26%

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 12.0% 7.6122%
New Zealand Fixed Interest 11.0% 14.7197%
International Fixed Interest 17.0% 17.186%
Australasian Equities 14.0% 13.8906%
International Equities 36.0% 39.7254%
Listed Properties 5.0% 3.7661%
Unlisted Properties 0.0% 0.0%
Other 5.0% 3.1001%
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:
    0.02%
  • Alcohol:
    0.38%
  • Animal Testing:
    3.53%
  • Fossil Fuels:
    6.83%
  • Gambling:
    0.38%
  • GMOs:
    0.04%
  • Human Rights & Environmental Violations:
    2.69%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.22%
  • Weapons:
    0.73%

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 in a mix of income and growth assets and is designed for investors that want a balanced investment option. Negative annual returns may occur once in every 5-7 years on average."

Value $420M NZD
Period of data report Fri Sept. 30th 2022
Fund started Fri Oct. 28th 2016
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.48%
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.