SuperLife Balanced

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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

Ampol Ltd 0.03%
Anglo American PLC 0.02%
Apa Group 0.01%
BHP Group Ltd 0.42%
BHP Group Ltd. 0.09%
Cheniere Energy Inc. 0.01%
Chevron Corp 0.01%
Conocophillips 0.04%
Devon Energy Corp. 0.01%
Eni Spa 0.01%
Equinor Asa 0.01%
Exxon Mobil Corp 0.02%
Exxon Mobil Corp. 0.11%
Glencore PLC 0.03%
Hess Corp. 0.01%
Itochu Corp 0.01%
Itochu Corp. 0.02%
Mitsubishi Corp 0.01%
Mitsubishi Corp. 0.02%
Mitsui & Co. Ltd. 0.02%
Mitsui Ltd 0.01%
Occidental Petroleum Corp. 0.02%
Oneok Inc. 0.01%
Origin Energy Ltd 0.01%
Pioneer Natural Resources Co. 0.01%
Reliance Industries Ltd 0.02%
Reliance Industries Ltd. 0.06%
Santos Ltd 0.04%
Saudi Arabian Oil Co. 0.01%
Shell PLC 0.09%
South32 Ltd 0.02%
Vale SA 0.04%
Washington H Soul Pattinson & Co Ltd 0.03%
Woodside Petroleum Ltd 0.05%

Weapons

Airbus Se 0.03%
Amphenol Corp. 0.02%
Bae Systems PLC 0.01%
Boeing Co. 0.01%
Honeywell International Inc. 0.04%
Lockheed Martin Corp. 0.02%
Raytheon Technologies Corp. 0.04%
Safran SA 0.02%
Transdigm Group Inc. 0.01%

Tobacco

Altria Group Inc. 0.01%
British American Tobacco PLC 0.04%
Philip Morris International Inc. 0.04%

Gambling

Aristocrat Leisure Ltd 0.03%
Crown Resorts Ltd 0.02%
Skycity Entertainment Group Ltd 0.17%
Star Entertainment Grp Ltd/The 0.01%
Tabcorp Holdings Ltd 0.01%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/Nv 0.02%
Diageo PLC 0.07%
Endeavour Group Ltd/Australia 0.01%
LVMH 0.03%
LVMH Moet Hennessy Louis Vuitton Se 0.09%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Treasury Wine Estates Ltd 0.01%

Palm Oil

GMOs

Corteva Inc. 0.01%

Human Rights & Environmental Violations

BHP Group Ltd 0.42%
BHP Group Ltd. 0.09%
Bayer AG 0.03%
Bayer US Finance Ii Llc 0.01%
Chevron Corp 0.01%
Credit Suisse Group AG 0.05%
Duke Energy Corp. 0.01%
Freeport-Mcmoran Inc. 0.01%
Glencore PLC 0.03%
Johnson & Johnson 0.16%
Li Ning Co. Ltd. 0.01%
Motorola Solutions Inc. 0.01%
Mtn Group Ltd. 0.01%
Nestle SA 0.22%
Petroleo Brasileiro SA 0.03%
Rio Tinto Ltd 0.08%
Rio Tinto Ltd. 0.01%
Rio Tinto PLC 0.04%
Shell PLC 0.09%
Vale SA 0.04%

Animal Testing

Air Liquide SA 0.02%
Altria Group Inc. 0.01%
Basf Se 0.02%
Bayer AG 0.02%
Bayer US Finance Ii Llc 0.01%
British American Tobacco PLC 0.04%
Chevron Corp 0.02%
Coca-Cola 0.01%
Coca-Cola Co. 0.07%
Corteva Inc. 0.01%
Danone SA 0.01%
Givaudan SA 0.01%
Glaxosmithkline 0.02%
Glaxosmithkline PLC 0.04%
Hermes International 0.02%
Hindustan Unilever Ltd. 0.01%
Honeywell International Inc. 0.04%
International Flavors & Fragrances Inc. 0.01%
Johnson & Johnson 0.16%
Koninklijke Dsm Nv 0.01%
L'Oreal SA 0.03%
LVMH 0.03%
LVMH Moet Hennessy Louis Vuitton Se 0.08%
Lair Liquide Societe Anonyme Pour 0.01%
Linde PLC 0.04%
Loreal SA 0.01%
Mondelez International Inc. 0.01%
Nestle SA 0.22%
Pepsico Inc 0.01%
Pepsico Inc. 0.07%
Philip Morris International Inc. 0.04%
Procter & Gamble 0.02%
Procter & Gamble Co. 0.11%
Reckitt Benckiser Group PLC 0.02%
Reckitt Benckiser Treasury Services PLC 0.02%
Reliance Industries Ltd 0.02%
Reliance Industries Ltd. 0.06%
Shell PLC 0.09%
Shin Etsu Chemical Ltd 0.01%
Shin-Etsu Chemical Co. Ltd. 0.02%
Unilever PLC 0.06%

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

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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    11.008%
  • Vanguard Total World Stock ETF
    United States International Equities
    6.2393%
  • Vanguard Global Infrastructure Index ETF
    Australia International Equities
    5.4878%
  • Vanguard S&P 500 ETF
    United States International Equities
    5.2576%
  • Vanguard FTSE Europe ETF
    United States International Equities
    4.3575%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.9432%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    2.8782%
  • Vanguard International Property Securities Index Fund
    Australia Listed Property
    2.6713%
  • Vanguard Mid-Cap ETF
    United States International Equities
    2.458%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.11%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 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% 11.41%
New Zealand Fixed Interest 11.0% 10.96%
International Fixed Interest 17.0% 17.02%
Australasian Equities 14.0% 13.81%
International Equities 36.0% 35.93%
Listed Properties 5.0% 5.39%
Unlisted Properties 0.0% 0.0%
Other 5.0% 5.49%
Commodities 0.0% 0.0%

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

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:
    0.03%
  • Alcohol:
    0.44%
  • Animal Testing:
    2.73%
  • Fossil Fuels:
    2.28%
  • Gambling:
    0.35%
  • GMOs:
    0.03%
  • Human Rights & Environmental Violations:
    1.70%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.17%
  • Weapons:
    0.53%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 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 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 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 $470M NZD
Period of data report Thu March 31st 2022
Fund started Fri Oct. 28th 2016
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.49%
Other management and administration charges 0.01%
Total other charges 12.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (6 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (6 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (2 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (4 years, 1 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (6 years, 4 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 Thu March 31st 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.