Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 0.39%
    • Johnson & Johnson 0.22%
    • Nestle SA-Reg 0.22%
    • Rio Tinto Ltd 0.12%
    • Thermo Fisher Scientific Inc 0.11%
    • Wells Fargo & Co 0.09%
    • Caterpillar Inc 0.07%
    • Glencore PLC 0.05%
    • Rio Tinto PLC-Spon Adr 0.05%
    • Lockheed Martin Corp 0.04%
    • Motorola Solutions Inc 0.04%
    • Raytheon Technologies Corp 0.04%
    • Uber Technologies Inc 0.03%
    • Lockheed Martin Corp. 0.02%
    • BHP Group Ltd 0.67% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.21% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chevron Corp 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.14%
    • Pg&E Corp 0.08%
    • Glencore PLC 0.05%
    • Newcrest Mining Ltd 0.05%
    • Bayer AG-Reg 0.03%
    • Basf Se 0.02%
    • Corteva Inc 0.02%
    • Freeport-Mcmoran Inc 0.02%
    • Vale SA 0.02%
    • 3M Co 0.01%
    • Archer-Daniels-Midland Co 0.01%
    • Tokyo Electric Power Company 0.01%
    • Exxon Mobil Corporation 0.27% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.21% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Procter & Gamble Co/The 0.18%
    • Chevron Corp 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • LVMH Moet Hennessy Vuitt 0.14%
    • Unilever PLC 0.09%
    • Air Liquide SA 0.07%
    • Reliance Industries Ltd 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shin-Etsu Chemical Co Ltd 0.07%
    • Hermes International 0.06%
    • L'Oreal SA 0.06%
    • Philip Morris International 0.06%
    • British American Tobacco Holdings (The Netherlands) Bv 0.05%
    • LVMH Moet Hennessy Louis Vui 0.05%
    • Altria Group Inc 0.04%
    • Orica Ltd 0.04%
    • Bayer AG-Reg 0.03%
    • Basf Se 0.02%
    • Colgate-Palmolive Co 0.02%
    • Corteva Inc 0.02%
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Kering 0.02%
    • Koninklijke Ahold Delhaize N 0.02%
    • L'Oreal 0.02%
    • Philip Morris Intl Inc 0.02%
    • Sherwin-Williams Co/The 0.02%
    • 3M Co 0.01%
    • Albemarle Corp 0.01%
    • Church & Dwight Co Inc 0.01%
    • Givaudan-Reg 0.01%
    • Hindustan Unilever Ltd 0.01%
    • Rentokil Initial PLC 0.01%
    • Walmart Inc 0.14%
    • Honeywell International Inc 0.07%
    • Airbus Se 0.06%
    • Boeing Co/The 0.06%
    • Amphenol Corp 0.04%
    • Daikin Industries Ltd 0.04%
    • Lockheed Martin Corp 0.04%
    • Raytheon Technologies Corp 0.04%
    • Safran SA 0.04%
    • Transdigm Group Inc 0.03%
    • Bae Systems PLC 0.02%
    • General Dynamics Corp. 0.02%
    • Lockheed Martin Corp. 0.02%
    • Northrop Grumman Corp 0.02%
    • Rtx Corp. 0.02%
    • Larsen & Toubro Ltd 0.01%
    • Rolls-Royce Holdings PLC 0.01%
    • Teledyne Technologies Inc 0.01%
    • Contact Energy Ltd 0.72% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.67% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Exxon Mobil Corporation 0.27% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Genesis Energy Ltd 0.26%
    • Nextera Energy Inc 0.21%
    • Shell PLC 0.21% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Woodside Energy Group Ltd 0.19% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Southern Co/The 0.16%
    • Chevron Corp 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.14%
    • Rio Tinto Ltd 0.12%
    • Enbridge Inc 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • National Grid PLC 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Totalenergies Se 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BP PLC 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Cheniere Energy Inc 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Conocophillips 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pg&E Corp 0.08%
    • Sempra Energy 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Consolidated Edison Inc 0.07%
    • Iberdrola SA 0.07% 1.5°C
      This company is on a 1.5°C pathway
    • Public Service Enterpris 0.07%
    • Reliance Industries Ltd 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Williams Cos Inc 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • American Electric Power 0.06%
    • Ampol Ltd 0.06%
    • Dominion Energy Inc 0.06%
    • Mitsubishi Corp 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsui & Co Ltd 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oneok Inc 0.06%
    • Santos Ltd 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Washington H. Soul Pattinson 0.06%
    • Glencore PLC 0.05%
    • Itochu Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Kinder Morgan Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rio Tinto PLC-Spon Adr 0.05%
    • Tc Energy Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Wec Energy Group Inc 0.05%
    • Xcel Energy Inc 0.05%
    • Agl Energy Ltd 0.04%
    • Ameren Corporation 0.04%
    • Centerpoint Energy Inc 0.04%
    • Channel Infrastructure NZ Lt 0.04%
    • Enel Spa 0.04% 1.5°C
      This company is on a 1.5°C pathway
    • Entergy Corp 0.04%
    • Eog Resources Inc 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Firstenergy Corp 0.04%
    • Orica Ltd 0.04%
    • Ppl Corp 0.04%
    • South32 Ltd 0.04%
    • Targa Resources Corp 0.04%
    • Total SA 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vopak 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Whitehaven Coal Ltd 0.04%
    • Apa Group 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Atmos Energy Corp 0.03%
    • Cms Energy Corp 0.03%
    • Fortis Inc 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hess Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Alliant Energy Corp 0.02%
    • Centrica PLC 0.02%
    • Clp Holdings Ltd 0.02%
    • Compagnie De Saint Gobain 0.02%
    • Constellation Energy 0.02%
    • Devon Energy Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Diamondback Energy Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Emera Inc 0.02%
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Equinor Asa-Spon Adr 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Evergy Inc 0.02%
    • Halliburton Co 0.02%
    • Kansai Electric Power Co Inc 0.02%
    • Marathon Petroleum Corp 0.02%
    • Nisource Inc 0.02%
    • Pembina Pipeline Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras - Petroleo Bras-Pr 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Phillips 66 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pioneer Natural Resources Co 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Posco Holdings Inc 0.02%
    • Rwe AG 0.02%
    • Snam Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sumitomo Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vale SA 0.02%
    • Chubu Electric Power Co Inc 0.01%
    • Coterra Energy Inc 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Delta Air Lines Inc 0.01%
    • E.On Se 0.01%
    • Hong Kong & China Gas 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Marubeni Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • New Hope Corp Ltd 0.01%
    • Nippon Steel Corp 0.01%
    • Oge Energy Corp. 0.01%
    • Origin Energy Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Osaka Gas Co Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras - Petroleo Bras 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pinnacle West Capital Corp. 0.01%
    • Power Assets Holdings Ltd 0.01%
    • Repsol SA 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Saudi Arabian Oil Co 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tokyo Gas Co Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Valero Energy Corp 0.01%
    • Viva Energy Group Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 30th Sept. 2023 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.

About this fund

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 30 investment will be allocated 20.8% to income assets and 79.2% to growth assets.

Value $254k NZD
Period of data report 31st Dec. 2023
Fund started 28th Oct. 2016
Total annual fund fees 0.52%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Other management and administration charges 0.02%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 3 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 1 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 31st Dec. 2023.

Past Returns

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
2023 -4.94% -4.3%
2022 1.99% 3.57%
2021 33.68% 30.36%
2020 -4.45% -9.26%
2019 6.12% 7.32%
2018 8.66% 4.72%

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 31st Dec. 2023.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    11.81%
  • Vanguard S&P 500 ETF
    United States International Equities
    7.83%
  • Vanguard FTSE Europe ETF
    United States International Equities
    5.91%
  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    5.43%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    3.74%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    3.6%
  • Vanguard Mid-Cap ETF
    United States International Equities
    3.28%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.03%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.85%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    2.68%
Type Target Actual
Cash and Cash Equivalents 4.8% 6.029374%
New Zealand Fixed Interest 6.0% 5.817106%
International Fixed Interest 10.0% 9.818648%
Australasian Equities 20.0% 20.38202%
International Equities 51.2% 50.52977%
Listed Properties 4.0% 3.81932%
Unlisted Properties 0.0% 0.0%
Other 4.0% 3.603758%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.