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 0.30%
    • Johnson & Johnson 0.24%
    • Rio Tinto Ltd 0.15%
    • Thermo Fisher Scientific Inc 0.10%
    • Wells Fargo & Co 0.10%
    • Raytheon Technologies Corp 0.07%
    • Caterpillar Inc 0.05%
    • Glencore PLC 0.05%
    • Motorola Solutions Inc 0.05%
    • Rio Tinto PLC 0.05%
    • Activision Blizzard Inc 0.03%
    • Caterpillar Finl Service 0.02%
    • Thermo Fisher Scientific 0.02%
    • Uber Technologies Inc 0.02%
    • China Petroleum & Chemical-A 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
    • Credit Suisse Group AG 0.01%
    • Li Ning Co Ltd 0.01%
    • Petrochina Co Ltd-A 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
    • BHP Group Ltd 0.74% !!
      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
    • Duke Energy Corp 0.17%
    • Pg&E Corp 0.09%
    • Newcrest Mining Ltd 0.07%
    • Bayer AG-Reg 0.05%
    • Corteva Inc 0.05%
    • Glencore PLC 0.05%
    • Archer-Daniels-Midland Co 0.04%
    • Vale SA 0.04%
    • Basf Se 0.03%
    • Freeport-Mcmoran Inc 0.03%
    • Fmc Corp 0.02%
    • Bunge Ltd 0.01%
    • Exxon Mobil Corp 0.24% !!
      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 0.21%
    • 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
    • LVMH Moet Hennessy Vuitt 0.17%
    • 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
    • Unilever PLC 0.13%
    • L'Oreal 0.09%
    • Philip Morris International 0.08%
    • Reliance Industries Ltd 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
    • Air Liquide SA 0.07%
    • Hermes International 0.07%
    • LVMH Moet Hennessy Louis Vui 0.07%
    • British American Tobacco Holdings (The Netherlands) Bv 0.06%
    • Shin-Etsu Chemical Co Ltd 0.06%
    • Bayer AG-Reg 0.05%
    • Corteva Inc 0.05%
    • Orica Ltd 0.05%
    • Altria Group Inc 0.04%
    • Kering 0.04%
    • 3M Co 0.03%
    • Basf Se 0.03%
    • Church & Dwight Co Inc 0.03%
    • Colgate-Palmolive Co 0.03%
    • Givaudan-Reg 0.03%
    • Intl Flavors & Fragrances 0.03%
    • Kimberly-Clark Corp 0.03%
    • Koninklijke Ahold Delhaize N 0.03%
    • L'Oreal SA 0.03%
    • Albemarle Corp 0.02%
    • Dow Inc 0.02%
    • Dupont De Nemours Inc 0.02%
    • Ecolab 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
    • Estee Lauder Companies-Cl A 0.02%
    • Fmc Corp 0.02%
    • Hindustan Unilever Ltd 0.02%
    • Kao Corp 0.02%
    • Otsuka Holdings Co Ltd 0.02%
    • PPG Industries Inc 0.02%
    • Rentokil Initial PLC 0.02%
    • Sherwin-Williams Co/The 0.02%
    • Shiseido Co Ltd 0.02%
    • The Clorox Co. 0.02%
    • Tyson Foods Inc-Cl A 0.02%
    • Unicharm Corp 0.02%
    • Akzo Nobel N.V. 0.01%
    • Asian Paints Ltd 0.01%
    • Beiersdorf AG 0.01%
    • Burberry Group PLC 0.01%
    • Celanese Corp 0.01%
    • China Petroleum & Chemical-A 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
    • Croda International PLC 0.01%
    • Eastman Chemical Co 0.01%
    • Entegris Inc 0.01%
    • Formosa Plastics Corp 0.01%
    • Henkel AG & Co Kgaa Vor-Pref 0.01%
    • Hormel Foods Corp 0.01%
    • Kikkoman Corp 0.01%
    • Moncler Spa 0.01%
    • Mosaic Co 0.01%
    • Nan Ya Plastics Corp 0.01%
    • Sherwin-Williams Co 0.01%
    • Symrise AG 0.01%
    • Yakult Honsha Co Ltd 0.01%
    • Walmart Inc 0.12%
    • Honeywell International Inc 0.07%
    • Raytheon Technologies Corp 0.07%
    • Airbus Se 0.06%
    • Boeing Co/The 0.06%
    • Amphenol Corp 0.05%
    • Lockheed Martin Corp. 0.05%
    • Safran SA 0.04%
    • Bae Systems PLC 0.03%
    • General Dynamics Corp. 0.03%
    • Northrop Grumman Corp 0.03%
    • Transdigm Inc 0.03%
    • Howmet Aerospace Inc 0.02%
    • Jacobs Solutions Inc 0.02%
    • L3Harris Technologies Inc 0.02%
    • Rolls-Royce Holdings PLC 0.02%
    • Teledyne Technologies Inc 0.02%
    • Transdigm Group Inc 0.02%
    • Booz Allen Hamilton Holdings 0.01%
    • Heico Corp. 0.01%
    • Larsen & Toubro Ltd 0.01%
    • Leidos Holdings Inc 0.01%
    • Mtu Aero Engines AG 0.01%
    • Rheinmetall AG 0.01%
    • Textron, Inc. 0.01%
    • Thales SA 0.01%
    • BHP Group Ltd 0.74% !!
      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
    • Contact Energy Ltd 0.71% 1.5°C
      This company is on a 1.5°C pathway
    • Nextera Energy Inc 0.34%
    • Genesis Energy Ltd 0.28%
    • Exxon Mobil Corp 0.24% !!
      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
    • Woodside Energy Group Ltd 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
    • Southern Co/The 0.18%
    • Duke Energy Corp 0.17%
    • 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
    • Enbridge Inc 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
    • National Grid PLC 0.14% !!
      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
    • Dominion Energy Inc 0.11%
    • Sempra Energy 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
    • American Electric Power 0.10%
    • Cheniere Energy Inc 0.10% !!
      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 0.10%
    • BP PLC 0.09% !!
      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 0.09%
    • Williams Cos Inc 0.09% !!
      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 0.08% !!
      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
    • Oneok Inc 0.08%
    • Reliance Industries Ltd 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
    • Tc Energy Corp 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
    • Wec Energy Group Inc 0.08%
    • Xcel Energy Inc 0.08%
    • Iberdrola SA 0.07% 1.5°C
      This company is on a 1.5°C pathway
    • Public Service Enterpris 0.07%
    • Santos 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
    • South32 Ltd 0.07%
    • Ampol Ltd 0.06%
    • Conocophillips 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
    • Entergy Corp 0.06%
    • Ppl Corp 0.06%
    • Ameren Corp 0.05%
    • Cms Energy Corp 0.05%
    • Enel Spa 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • 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
    • Mitsubishi 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
    • Mitsui & Co Ltd 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
    • Orica Ltd 0.05%
    • Targa Resources Corp 0.05%
    • Washington H. Soul Pattinson 0.05%
    • Whitehaven Coal Ltd 0.05%
    • Alliant Energy Corp 0.04%
    • Apa Group 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
    • Atmos Energy Corp 0.04%
    • Devon Energy Corp 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
    • Evergy Inc 0.04%
    • Fortis 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
    • Hess Corp 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
    • Total SA 0.04%
    • Vale SA 0.04%
    • Agl Energy Ltd 0.03%
    • Clp Holdings Ltd 0.03%
    • Constellation Energy 0.03%
    • Diamondback Energy 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
    • Eog Resources 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
    • Equinor Asa-Spon Adr 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
    • Halliburton Co 0.03%
    • Marathon Petroleum Corp 0.03%
    • Nisource Inc 0.03%
    • Origin Energy Ltd 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
    • Pembina Pipeline 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
    • Petroleo Brasileiro-Spon Adr 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
    • Pioneer Natural Resource 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
    • Snam Spa 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
    • Centrica PLC 0.02%
    • Coterra 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
    • Delta Air Lines Inc 0.02%
    • Dte Energy Co 0.02%
    • E.On Se 0.02%
    • Emera Inc 0.02%
    • Engie SA 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
    • 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
    • Hong Kong & China Gas 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
    • Kansai Electric Power Co Inc 0.02%
    • Marathon Oil 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
    • Marubeni 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
    • Neste Oyj 0.02%
    • Nippon Steel Corp 0.02%
    • Occidental Petroleum Cor 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
    • Oge Energy Corp 0.02%
    • Phillips 66 0.02%
    • Pinnacle West Capital 0.02%
    • Power Assets Holdings Ltd 0.02%
    • Repsol SA 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
    • Rwe AG 0.02%
    • Saudi Arabian Oil 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
    • 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
    • Tokyo Gas Co Ltd 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
    • Valero Energy Corp 0.02%
    • Aes Corp/The 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
    • Apa 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
    • Black Hills Corp 0.01%
    • Canadian Natural Resources 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
    • China Petroleum & Chemical-A 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
    • Ck Hutchison Holdings Ltd 0.01%
    • Edp-Energias De Portugal SA 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • Enagas 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
    • Eneos Holdings Inc 0.01%
    • Eqt 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
    • Idacorp Inc 0.01%
    • Loews Corp 0.01%
    • Naturgy Energy Group SA 0.01%
    • New Hope Corp Ltd 0.01%
    • Nippon Yusen Kk 0.01%
    • Orsted A/S 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • 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
    • Petrochina Co Ltd-A 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
    • Posco Holdings Inc 0.01%
    • Weg SA 0.01%
    • Westinghouse Air Brake 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 31st March 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 40 investment will be allocated 20.8% to income assets and 79.2% to growth assets.

Value $270k NZD
Period of data report 30th June 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 (7 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Graham Nicholas Stewart Law

Currently: Director (1 years, 6 months)
Previously: Chief Financial and Corporate Officer - NZX (current position) (5 years, 6 months)

Alister John Williams

Currently: Director (7 years, 7 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 30th June 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 30th June 2023.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    11.13%
  • Vanguard S&P 500 ETF
    United States International Equities
    8.0%
  • Vanguard FTSE Europe ETF
    United States International Equities
    6.25%
  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    6.24%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    3.98%
  • Vanguard Mid-Cap ETF
    United States International Equities
    3.4%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.31%
  • Vanguard Global Infrastructure Index ETF
    Australia International Equities
    3.15%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.91%
  • Ishares Msci Usa ESG Screened Ucits ETF
    Ireland International Equities
    2.42%
Type Target Actual
Cash and Cash Equivalents 4.6% 4.987109%
New Zealand Fixed Interest 7.8% 7.649173%
International Fixed Interest 8.4% 8.402832%
Australasian Equities 20.0% 19.51424%
International Equities 51.2% 51.55095%
Listed Properties 4.0% 3.961402%
Unlisted Properties 0.0% 0.0%
Other 4.0% 3.934299%
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 30th June 2023.