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 0.28%
    • Johnson & Johnson 0.23%
    • Rio Tinto Ltd 0.14%
    • Thermo Fisher Scientific Inc 0.09%
    • Wells Fargo & Co 0.09%
    • 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 0.02%
    • Credit Suisse Group AG 0.02%
    • Thermo Fisher Scientific 0.02%
    • Uber Technologies Inc 0.02%
    • Caterpillar Finl Service 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
    • Li Ning Co Ltd 0.01%
    • BHP Group Ltd 0.70% !!
      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 0.19% !!
      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
    • Duke Energy Corp 0.16%
    • Pg&E Corp 0.08%
    • Newcrest Mining Ltd 0.07%
    • Glencore PLC 0.05%
    • Bayer AG-Reg 0.04%
    • Corteva Inc 0.04%
    • Archer-Daniels-Midland Co 0.03%
    • Basf Se 0.03%
    • Freeport-Mcmoran Inc 0.03%
    • Vale SA 0.03%
    • Fmc Corp 0.02%
    • Bunge Ltd 0.01%
    • Exxon Mobil Corp 0.23% !!
      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 0.20%
    • Shell PLC 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
    • LVMH Moet Hennessy Vuitt 0.16%
    • Chevron Corp 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
    • Unilever PLC 0.13%
    • L'Oreal 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
    • Philip Morris International 0.07%
    • Air Liquide SA 0.06%
    • British American Tobacco Holdings (The Netherlands) Bv 0.06%
    • Hermes International 0.06%
    • LVMH Moet Hennessy Louis Vui 0.06%
    • Shin-Etsu Chemical Co Ltd 0.06%
    • Altria Group Inc 0.04%
    • Bayer AG-Reg 0.04%
    • Corteva Inc 0.04%
    • Kering 0.04%
    • Orica Ltd 0.04%
    • 3M Co 0.03%
    • Basf Se 0.03%
    • Colgate-Palmolive Co 0.03%
    • Givaudan-Reg 0.03%
    • Kimberly-Clark Corp 0.03%
    • Koninklijke Ahold Delhaize N 0.03%
    • L'Oreal SA 0.03%
    • Albemarle Corp 0.02%
    • Church & Dwight Co Inc 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%
    • Intl Flavors & Fragrances 0.02%
    • Kao Corp 0.02%
    • PPG Industries Inc 0.02%
    • Rentokil Initial PLC 0.02%
    • Sherwin-Williams Co/The 0.02%
    • Shiseido Co Ltd 0.02%
    • Tyson Foods Inc-Cl A 0.02%
    • Unicharm Corp 0.02%
    • 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%
    • Formosa Plastics Corp 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%
    • Otsuka Holdings Co Ltd 0.01%
    • Sherwin-Williams Co 0.01%
    • Symrise AG 0.01%
    • The Clorox Co. 0.01%
    • Walmart Inc 0.11%
    • Raytheon Technologies Corp 0.07%
    • Boeing Co/The 0.06%
    • Honeywell International Inc 0.06%
    • Airbus Se 0.05%
    • Amphenol Corp 0.05%
    • Lockheed Martin Corp. 0.05%
    • Safran SA 0.04%
    • Bae Systems PLC 0.03%
    • Northrop Grumman Corp 0.03%
    • General Dynamics Corp. 0.02%
    • Howmet Aerospace Inc 0.02%
    • L3Harris Technologies Inc 0.02%
    • Teledyne Technologies Inc 0.02%
    • Transdigm Group Inc 0.02%
    • Transdigm Inc 0.02%
    • Booz Allen Hamilton Holdings 0.01%
    • Heico Corp. 0.01%
    • Jacobs Solutions Inc 0.01%
    • Larsen & Toubro Ltd 0.01%
    • Leidos Holdings Inc 0.01%
    • Mtu Aero Engines AG 0.01%
    • Rheinmetall AG 0.01%
    • Rolls-Royce Holdings PLC 0.01%
    • Textron, Inc. 0.01%
    • Thales SA 0.01%
    • BHP Group Ltd 0.70% !!
      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 0.67% 1.5°C
      This company is on a 1.5°C pathway
    • Nextera Energy Inc 0.32%
    • Genesis Energy Ltd 0.29%
    • Exxon Mobil Corp 0.23% !!
      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 0.20% !!
      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 0.19% !!
      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
    • Duke Energy Corp 0.16%
    • Southern Co/The 0.16%
    • Chevron Corp 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
    • Enbridge Inc 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
    • National Grid PLC 0.13% !!
      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%
    • Dominion Energy Inc 0.10%
    • Sempra Energy 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
    • Totalenergies Se 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
    • Cheniere Energy 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
    • Consolidated Edison Inc 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
    • 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
    • Oneok Inc 0.08%
    • Pg&E Corp 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
    • 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
    • Kinder Morgan 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
    • 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
    • Tc Energy Corp 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
    • 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%
    • South32 Ltd 0.06%
    • Ameren Corp 0.05%
    • Ampol Ltd 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%
    • 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
    • Ppl Corp 0.05%
    • Washington H. Soul Pattinson 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%
    • 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
    • Itochu 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
    • Orica Ltd 0.04%
    • Targa Resources Corp 0.04%
    • Total SA 0.04%
    • Whitehaven Coal Ltd 0.04%
    • Agl Energy Ltd 0.03%
    • Clp Holdings Ltd 0.03%
    • Constellation Energy 0.03%
    • Devon Energy 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
    • 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
    • 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
    • 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
    • Vale SA 0.03%
    • 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
    • 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
    • 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%
    • 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%
    • Pioneer Natural Resource 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
    • 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
    • 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%
    • Marathon Oil 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
    • 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
    • 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
    • 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 50 investment will be allocated 25.8% to income assets and 74.2% to growth assets.

Value $42k NZD
Period of data report 30th June 2023
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 (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% -4.15%
2022 1.99% 3.18%
2021 33.68% 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 2023.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    10.44%
  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    7.8%
  • Vanguard S&P 500 ETF
    United States International Equities
    7.5%
  • Vanguard FTSE Europe ETF
    United States International Equities
    5.86%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    3.73%
  • Vanguard Mid-Cap ETF
    United States International Equities
    3.19%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.1%
  • Vanguard Global Infrastructure Index ETF
    Australia International Equities
    2.96%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.72%
  • Ishares Msci Usa ESG Screened Ucits ETF
    Ireland International Equities
    2.27%
Type Target Actual
Cash and Cash Equivalents 5.5% 5.909164%
New Zealand Fixed Interest 9.75% 9.561466%
International Fixed Interest 10.5% 10.50354%
Australasian Equities 18.75% 18.2946%
International Equities 48.0% 48.32901%
Listed Properties 3.75% 3.713814%
Unlisted Properties 0.0% 0.0%
Other 3.75% 3.688406%
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.