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 0.51%
    • Johnson & Johnson 0.18%
    • Nestle SA-Reg 0.17%
    • Rio Tinto Ltd 0.12%
    • Thermo Fisher Scientific Inc 0.11%
    • Wells Fargo & Co 0.10%
    • Caterpillar Inc 0.09%
    • Ubs Group AG-Reg 0.07%
    • Raytheon Technologies Corp 0.06%
    • Rio Tinto PLC-Spon Adr 0.06%
    • Uber Technologies Inc 0.06%
    • Glencore PLC 0.04%
    • Lockheed Martin Corp 0.04%
    • Motorola Solutions Inc 0.04%
    • Palantir Technologies Inc-A 0.02%
    • BHP Group Ltd 0.61% !!
      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 0.18% !!
      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 0.13%
    • Chevron Corp 0.12% !!
      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 0.07%
    • Glencore PLC 0.04%
    • 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%
    • Bayer AG-Reg 0.01%
    • Tokyo Electric Power Company 0.01%
    • Exxon Mobil Corporation 0.22% !!
      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 0.18% !!
      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 0.16%
    • LVMH Moet Hennessy Vuitt 0.13%
    • Chevron Corp 0.12% !!
      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 0.08%
    • Air Liquide SA 0.07%
    • Hermes International 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%
    • Philip Morris International 0.06%
    • L'Oreal 0.05%
    • LVMH Moet Hennessy Louis Vui 0.05%
    • Orica Ltd 0.05%
    • British American Tobacco Holdings (The Netherlands) Bv 0.03%
    • Sherwin-Williams Co/The 0.03%
    • Altria Group Inc 0.02%
    • 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
    • Givaudan-Reg 0.02%
    • L'Oreal SA 0.02%
    • 3M Co 0.01%
    • Bayer AG-Reg 0.01%
    • Church & Dwight Co Inc 0.01%
    • Dupont De Nemours Inc 0.01%
    • Ecolab Inc 0.01%
    • Entegris Inc 0.01%
    • Kering 0.01%
    • Koninklijke Ahold Delhaize N 0.01%
    • PPG Industries Inc 0.01%
    • Walmart Inc 0.12%
    • Airbus Se 0.06%
    • Honeywell International Inc 0.06%
    • Raytheon Technologies Corp 0.06%
    • Amphenol Corp 0.05%
    • Boeing Co/The 0.05%
    • Safran SA 0.05%
    • Transdigm Group Inc 0.05%
    • Lockheed Martin Corp 0.04%
    • Daikin Industries Ltd 0.03%
    • Bae Systems PLC 0.02%
    • General Dynamics Corp. 0.02%
    • L3Harris Technologies Inc 0.02%
    • Northrop Grumman Corp 0.02%
    • Rolls-Royce Holdings PLC 0.02%
    • Howmet Aerospace Inc 0.01%
    • Larsen & Toubro Ltd 0.01%
    • Rheinmetall AG 0.01%
    • Contact Energy Ltd 0.72% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.61% !!
      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
    • Nextera Energy Inc 0.24%
    • Genesis Energy Ltd 0.23%
    • Exxon Mobil Corporation 0.22% !!
      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 0.18% !!
      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 0.16% !!
      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 0.13%
    • Southern Co/The 0.13%
    • Chevron Corp 0.12% !!
      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 Ltd 0.12%
    • Enbridge 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
    • National Grid PLC 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
    • Mitsubishi 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
    • Totalenergies Se 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 0.07%
    • Pg&E Corp 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
    • American Electric Power 0.06%
    • Ampol Ltd 0.06%
    • BP PLC 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
    • Cheniere Energy Inc 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
    • 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
    • Consolidated Edison Inc 0.06%
    • Dominion Energy Inc 0.06%
    • Iberdrola SA 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • 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
    • Public Service Enterpris 0.06%
    • Rio Tinto PLC-Spon Adr 0.06%
    • Sempra Energy 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
    • Williams Cos Inc 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
    • 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
    • Orica Ltd 0.05%
    • Santos 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
    • Washington H. Soul Pattinson 0.05%
    • Wec Energy Group Inc 0.05%
    • Xcel Energy Inc 0.05%
    • Channel Infrastructure NZ Lt 0.04%
    • Constellation Energy 0.04%
    • Entergy Corp 0.04%
    • Glencore PLC 0.04%
    • Kinder Morgan 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
    • Targa Resources Corp 0.04%
    • Tc 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
    • 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%
    • Agl Energy Ltd 0.03%
    • Ameren Corporation 0.03%
    • Channel Infrastruct NZ 0.03%
    • Enel Spa 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Firstenergy 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
    • Ppl Corp 0.03%
    • South32 Ltd 0.03%
    • Total SA 0.03%
    • Alliant Energy Corp 0.02%
    • Atmos Energy Corp 0.02%
    • Centerpoint Energy Inc 0.02%
    • Clp Holdings Ltd 0.02%
    • Cms Energy Corp 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
    • Eog Resources 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
    • Evergy Inc 0.02%
    • Hess 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
    • Kansai Electric Power Co Inc 0.02%
    • Marathon Petroleum Corp 0.02%
    • 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
    • Nisource Inc 0.02%
    • Origin Energy 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
    • 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
    • Phillips 66 0.02%
    • 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%
    • Apa Group 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
    • Centrica PLC 0.01%
    • Chubu Electric Power Co Inc 0.01%
    • Dassault Systemes Se 0.01%
    • Delta Air Lines Inc 0.01%
    • Devon Energy 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
    • Diamondback 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
    • E.On Se 0.01%
    • Emera Inc 0.01%
    • Equinor Asa-Spon Adr 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
    • Halliburton Co 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
    • 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
    • Petrobras - Petroleo Bras-Pr 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%
    • Pioneer Natural Resources 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
    • Posco Holdings Inc 0.01%
    • Power Assets Holdings Ltd 0.01%
    • Rwe AG 0.01%
    • Snam Spa 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 31st March 2024 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 50 investment will be allocated 25.8% to income assets and 74.2% to growth assets.

Value $158k NZD
Period of data report 30th June 2024
Fund started 28th Oct. 2016
Total annual fund fees 0.51%
Total performance based fees 0.0%
Manager's basic fee 0.49%
Other management and administration charges 0.02%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 9 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 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 2024.

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
2024 12.57% 13.22%
2023 -4.05% -4.15%
2022 1.38% 3.18%
2021 27.68% 28.52%
2020 -4.45% -8.55%
2019 6.12% 7.1%
2018 8.66% 4.62%

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 2024.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    10.46%
  • Vanguard S&P 500 ETF
    United States International Equities
    8.12%
  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    6.85%
  • Vanguard FTSE Europe ETF
    United States International Equities
    5.63%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    3.44%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    3.25%
  • Vanguard Mid-Cap ETF
    United States International Equities
    3.04%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    2.93%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.59%
  • Vanguard Growth ETF
    United States International Equities
    2.58%
Type Target Actual
Cash and Cash Equivalents 5.75% 6.25%
New Zealand Fixed Interest 7.5% 7.49%
International Fixed Interest 12.5% 12.45%
Australasian Equities 18.75% 18.49%
International Equities 48.0% 48.32%
Listed Properties 3.75% 3.74%
Unlisted Properties 0.0% 0.0%
Other 3.75% 3.25%
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 2024.