SuperLife Age Steps - Age 20

Not Mindful

Type: Aggressive fund

Past Returns: 0.50%

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

Annual Fees: 0.53%

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

Aes Corporation 0.01%
Agl Energy Ltd 0.01%
Alliant Energy Corp 0.02%
Ameren Corporation 0.02%
American Electric Power Company, Inc. 0.04%
Anglo American PLC 0.03%
Apa Group 0.01%
Basf N 0.02%
Basf Se 0.05%
Beach Energy Ltd 0.03%
BHP Group Ltd 0.43%
BHP Group PLC 0.04%
BP P.L.C. 0.05%
BP PLC 0.03%
Cheniere Energy, Inc. 0.01%
Chevron Corp 0.02%
Chevron Corporation 0.11%
China Petroleum & Chemical Corporation Class H 0.01%
Ck Hutchison Holdings Ltd 0.01%
Clp Holdings Limited 0.01%
Cms Energy Corporation 0.02%
Cnooc Limited 0.02%
Coca-Cola 0.02%
Coca-Cola Amatil Ltd 0.05%
Coca-Cola Company 0.15%
Conocophillips 0.02%
Dominion Energy Inc 0.06%
Dte Energy Company 0.03%
E.On Se 0.02%
Edp-Energias De Portugal SA 0.01%
Enel 0.03%
Enel Spa 0.06%
Engie SA. Temp 0.01%
Eni S.P.A. 0.02%
Equinor Asa 0.01%
Evergy, Inc. 0.01%
Exxon Mobil Corp 0.02%
Exxon Mobil Corporation 0.11%
Firstenergy Corp. 0.02%
Gazprom PJSC 0.02%
Genesis Energy Ltd 0.30%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.03%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.01%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.01%
Glencore PLC 0.03%
Hess Corporation 0.01%
Hong Kong & China Gas Co. Ltd. 0.01%
Iberdrola SA 0.10%
Itochu Corporation 0.03%
Kansas City Southern 0.02%
Marathon Petroleum Corporation 0.01%
Mitsubishi Corporation 0.02%
Mitsui & Co.,Ltd 0.02%
Neste 0.01%
Neste Corporation 0.02%
Nextera Energy Inc 0.02%
Nextera Energy, Inc. 0.11%
Norfolk Southern Corporation 0.04%
Oil Company Lukoil PJSC 0.02%
Oneok, Inc. 0.01%
Origin Energy Ltd 0.01%
Orix Corporation 0.01%
Orsted 0.04%
Phillips 66 0.01%
Pioneer Natural Resources Company 0.01%
Posco 0.01%
Ppl Corporation 0.01%
Ptt Public Co., Ltd.(Alien Mkt) 0.01%
Reliance Industries Limited 0.10%
Reliance Industries Ltd 0.04%
Rio Tinto Limited 0.02%
Rio Tinto Ltd 0.13%
Rio Tinto PLC 0.09%
Royal Dutch Shell PLC Class A 0.04%
Royal Dutch Shell PLC Class B 0.04%
Rwe AG 0.02%
Santos Ltd 0.01%
Saudi Arabian Oil Company (Saudi Aramco) 0.03%
Snam S.P.A. 0.01%
South32 Ltd 0.01%
Sse PLC 0.02%
Sumitomo Corporation 0.01%
Total 0.04%
Total Se 0.07%
Upm-Kymmene Oyj 0.01%
Washington H Soul Pattinson & Co Ltd 0.04%
Wec Energy Group Inc 0.05%
Weyerhaeuser Company 0.02%
Williams Companies, Inc. 0.01%
Woodside Petroleum Ltd 0.06%
Xcel Energy Inc. 0.03%

Weapons

Airbus Se 0.04%
Amphenol Corporation Class A 0.05%
Bae Systems PLC 0.02%
Boeing Company 0.03%
General Dynamics Corporation 0.02%
Honeywell International Inc. 0.10%
Jacobs Engineering Group Inc. 0.01%
L3Harris Technologies Inc 0.01%
Lockheed Martin Corporation 0.03%
Northrop Grumman Corporation 0.04%
Raytheon Technologies Corporation 0.06%
Safran S.A. 0.03%
Transdigm Group Incorporated 0.04%

Tobacco

Altria Group Inc 0.06%
British American Tobacco P.L.C. 0.07%
Imperial Brands PLC 0.02%
Japan Tobacco Inc. 0.02%
Philip Morris International Inc. 0.09%
Seven & I Holdings Co., Ltd. 0.02%
Swedish Match Ab 0.01%

Gambling

Aristocrat Leisure Limited 0.01%
Aristocrat Leisure Ltd 0.05%
Crown Resorts Ltd 0.04%
Draftkings Inc Class A 0.01%
Flutter Entertainment PLC 0.03%
Galaxy Entertainment Group Limited 0.01%
Mgm Resorts International 0.01%
Skycity Entertainment Group Ltd 0.45%
Star Entertainment Grp Ltd 0.03%
Tabcorp Holdings Ltd 0.08%

Adult Entertainment/Pornography

Alcohol

Anheuser Busch Inbev Nv 0.02%
Anheuser-Busch Inbev SA/Nv 0.04%
Asahi Group Holdings,Ltd. 0.01%
Carlsberg A/S Class B 0.01%
Coca-Cola Amatil Ltd 0.05%
Constellation Brands, Inc. Class A 0.02%
Diageo PLC 0.10%
Heineken Nv 0.02%
Kirin Holdings Company, Limited 0.01%
Kweichow Moutai Co., Ltd. Class A 0.02%
LVMH 0.06%
LVMH Moet Hennessy Louis Vuitton Se 0.12%
Pernod Ricard SA 0.04%

Palm Oil

GMOs

Corteva Inc 0.04%

Human Rights & Environmental Violations

Archer-Daniels-Midland Company 0.02%
BHP Group Ltd 0.42%
BHP Group PLC 0.04%
Chevron Corp 0.02%
Chevron Corporation 0.11%
Duke Energy Corporation 0.06%
Freeport-Mcmoran, Inc. 0.04%
Glencore PLC 0.03%
Johnson & Johnson 0.34%
Nestle S.A. 0.32%
Nestle SA 0.12%
Petroleo Brasileiro SA 0.02%
Posco 0.01%
Rio Tinto Limited 0.02%
Rio Tinto Ltd 0.13%
Rio Tinto PLC 0.09%
Royal Dutch Shell PLC Class A 0.04%
Royal Dutch Shell PLC Class B 0.04%
Sempra Energy 0.03%
Vale S.A. 0.03%

Animal Testing

Air Liquide SA 0.010%
Air Liquide SA Temp 0.060%
Air Products and Chemicals, Inc. 0.050%
Akzo Nobel N.V. 0.020%
Albemarle Corporation 0.010%
Altria Group Inc 0.060%
Archer-Daniels-Midland Company 0.020%
Asahi Group Holdings,Ltd. 0.010%
Basf N 0.020%
Basf Se 0.050%
Bayer AG 0.050%
Beiersdorf AG 0.010%
British American Tobacco P.L.C. 0.070%
Celanese Corporation 0.010%
Chevron Corp 0.020%
Chevron Corporation 0.110%
Chr. Hansen Holding A/S 0.010%
Church & Dwight Co., Inc. 0.020%
Clorox Company 0.040%
Coca-Cola 0.020%
Coca-Cola Amatil Ltd 0.050%
Coca-Cola Company 0.150%
Colgate-Palmolive Company 0.030%
Corteva Inc 0.040%
Danone SA 0.040%
Dow, Inc. 0.020%
Dupont De Nemours, Inc. 0.040%
Eastman Chemical Company 0.010%
Ecolab Inc. 0.020%
Estee Lauder Companies Inc. Class A 0.020%
Fmc Corporation 0.010%
Formosa Plastics Corporation 0.010%
Fujifilm Holdings Corp 0.020%
General Mills, Inc. 0.030%
Givaudan SA 0.050%
Glaxosmithkline PLC 0.110%
Henkel AG & Co. Kgaa Pref 0.020%
Hermes International 0.010%
Hermes International Sca 0.030%
Hindustan Unilever Limited 0.030%
Honeywell International Inc. 0.090%
Hp Inc. 0.010%
Imperial Brands PLC 0.010%
Ingersoll Rand Inc. 0.010%
International Flavors & Fragrances Inc. 0.010%
Johnson & Johnson 0.340%
Kao Corp. 0.030%
Kellogg Company 0.020%
Kerry Group PLC Class A 0.020%
Kimberly-Clark Corporation 0.040%
Kirin Holdings Company, Limited 0.010%
Koninkilijke Dsm Nv 0.010%
Koninklijke Dsm N.V. 0.030%
L'Oreal SA 0.030%
L'Oreal SA Temp 0.050%
Lair Liquide Societe Anonyme Pour 0.030%
Linde PLC 0.050%
Loreal SA 0.030%
LVMH 0.060%
LVMH Moet Hennessy Louis Vuitton Se 0.120%
Mondelez International, Inc. Class A 0.060%
Nan Ya Plastics Corporation 0.010%
Nestle S.A. 0.320%
Nestle SA 0.120%
Nippon Paint Holdings Co.Ltd. 0.010%
Novozymes A/S Class B 0.010%
Pepsico Inc 0.020%
Pepsico, Inc. 0.150%
Philip Morris International Inc. 0.090%
PPG Industries, Inc. 0.020%
Procter & Gamble 0.040%
Procter & Gamble Company 0.280%
Reckitt Benckiser Group PLC 0.080%
Reliance Industries Limited 0.090%
Reliance Industries Ltd 0.040%
Royal Dutch Shell PLC Class A 0.040%
Royal Dutch Shell PLC Class B 0.040%
Seven & I Holdings Co., Ltd. 0.020%
Sherwin-Williams Company 0.020%
Shin-Etsu Chemical Co Ltd 0.050%
Shiseido Company,Limited 0.020%
Symrise AG 0.020%
Tesco PLC 0.030%
Unicharm Corporation 0.020%
Unilever Nv 0.110%
Unilever PLC 0.090%

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	-7.57%	-11.55%
2019	10.01%	8.01%
2018	7.40%	5.03%

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 Sept. 30th 2020.

Showing the top 10 investments for this fund:

Vanguard S&P 500 ETF
United States International Equities

10.29%
Vanguard FTSE Europe ETF
United States International Equities

9.27%
Vanguard FTSE Emerging Markets ETF
United States International Equities

7.43%
Vanguard FTSE Pacific ETF
United States International Equities

6.2%
Vanguard Mid-Cap ETF
United States International Equities

5.32%
Vanguard Value ETF
United States International Equities

5.21%
Vanguard Small-Cap ETF
United States International Equities

4.49%
Vanguard International Property Securities Index Fund Hedged
Australia Listed Property

3.48%
Ishares Msci Usa Esg Screened Ucits ETF
Ireland International Equities

3.41%
Ishares Msci Europe Esg Screened Ucits ETF
Ireland International Equities

3.07%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 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%	1.57%
New Zealand Fixed Interest	1.0%	1.25%
International Fixed Interest	3.0%	1.9%
Australasian Equities	24.0%	24.23%
International Equities	64.0%	63.62%
Listed Properties	7.0%	7.43%
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 Sept. 30th 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:

0.02%
Alcohol:

0.78%
Animal Testing:

5.39%
Fossil Fuels:

5.14%
Gambling:

0.87%
GMOs:

0.05%
Human Rights & Environmental Violations:

2.20%
Palm Oil:

0.10%
Tobacco:

0.34%
Weapons:

0.75%

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

"SuperLife Age Steps automatically sets the proportion of your investment in income and growth assets based on your age. As you get older the proportion of your investment in more volatile growth assets will be reduced lowering the expected size of the ups and downs in the value of your investment. This option may be suitable if you are saving for retirement (assumed to be age 65) and assumes you will continue to invest your savings and spend them over your retirement period.Your SuperLife Age Steps - Age 20 investment will be allocated 5% to income assets and 95% to growth assets."

Value	$4.9k NZD
Period of data report	Wed Sept. 30th 2020
Members	4
Fund started	Fri Oct. 28th 2016
Total annual fund fees	0.53%
Total performance based fees	0.0%
Manager's basic fee	0.52%
Administration charges	0.01%
Total other charges	12.0
Total other charges currency	NZD

Key Personnel

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