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 0.15%
    • Johnson & Johnson 0.13%
    • Credit Suisse Group AG 0.07%
    • Rio Tinto Ltd 0.07%
    • Wells Fargo & Co 0.07%
    • Thermo Fisher Scientific Inc 0.05%
    • Raytheon Technologies Corp 0.04%
    • Caterpillar Inc 0.03%
    • Glencore PLC 0.03%
    • Motorola Solutions Inc 0.03%
    • Rio Tinto PLC 0.02%
    • Activision Blizzard Inc 0.01%
    • Credit Suisse AG 0.01%
    • Credit Suisse Group AG-Reg 0.01%
    • Credit Suisse New York 0.01%
    • Thermo Fisher Scientific 0.01%
    • Uber Technologies Inc 0.01%
    • BHP Group Ltd 0.38% !!
      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 0.10% !!
      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
    • Duke Energy Corp 0.09%
    • Newcrest Mining Ltd 0.04%
    • Pg&E Corp 0.04%
    • Glencore PLC 0.03%
    • Archer-Daniels-Midland Co 0.02%
    • Basf Se 0.02%
    • Bayer AG-Reg 0.02%
    • Corteva Inc 0.02%
    • Freeport-Mcmoran Inc 0.02%
    • Vale SA 0.02%
    • Exxon Mobil 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
    • Procter & Gamble Co/The 0.11%
    • Shell 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
    • LVMH Moet Hennessy Vuitt 0.09%
    • Chevron 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
    • Unilever PLC 0.07%
    • L'Oreal 0.04%
    • Philip Morris International 0.04%
    • Reliance Industries Ltd 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
    • Air Liquide SA 0.03%
    • British American Tobacco Holdings (The Netherlands) Bv 0.03%
    • Hermes International 0.03%
    • LVMH Moet Hennessy Louis Vui 0.03%
    • Shin-Etsu Chemical Co Ltd 0.03%
    • 3M Co 0.02%
    • Altria Group Inc 0.02%
    • Basf Se 0.02%
    • Bayer AG-Reg 0.02%
    • Colgate-Palmolive Co 0.02%
    • Corteva Inc 0.02%
    • Kering 0.02%
    • Koninklijke Ahold Delhaize N 0.02%
    • Orica Ltd 0.02%
    • Albemarle Corp 0.01%
    • Church & Dwight Co Inc 0.01%
    • Dow Inc 0.01%
    • Ecolab Inc 0.01%
    • Eni 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
    • Estee Lauder Companies-Cl A 0.01%
    • Givaudan-Reg 0.01%
    • Hindustan Unilever Ltd 0.01%
    • Intl Flavors & Fragrances 0.01%
    • Kao Corp 0.01%
    • Kimberly-Clark Corp 0.01%
    • L'Oreal SA 0.01%
    • Sherwin-Williams Co/The 0.01%
    • Shiseido Co Ltd 0.01%
    • Walmart Inc 0.06%
    • Boeing Co/The 0.04%
    • Raytheon Technologies Corp 0.04%
    • Airbus Se 0.03%
    • Honeywell International Inc 0.03%
    • Lockheed Martin Corp. 0.03%
    • Amphenol Corp 0.02%
    • Northrop Grumman Corp 0.02%
    • Safran SA 0.02%
    • Bae Systems PLC 0.01%
    • General Dynamics Corp. 0.01%
    • L3Harris Technologies Inc 0.01%
    • Teledyne Technologies Inc 0.01%
    • Transdigm Inc 0.01%
    • BHP Group Ltd 0.38% !!
      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 0.38%
    • Contact Energy Ltd 0.36% 1.5°C
      This company is on a 1.5°C pathway
    • Nextera Energy Inc 0.17%
    • Exxon Mobil 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
    • Woodside Energy Group Ltd 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
    • Shell 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
    • Duke Energy Corp 0.09%
    • Southern Co/The 0.09%
    • Chevron 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
    • Enbridge 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
    • National Grid PLC 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
    • 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
    • American Electric Power 0.05%
    • Cheniere Energy 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
    • Consolidated Edison Inc 0.05%
    • Dominion Energy Inc 0.05%
    • Totalenergies Se 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
    • Williams Cos 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
    • BP PLC 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
    • Iberdrola SA 0.04% 1.5°C
      This company is on a 1.5°C pathway
    • 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
    • Oneok Inc 0.04%
    • Pg&E Corp 0.04%
    • Public Service Enterpris 0.04%
    • Reliance Industries Ltd 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
    • Santos Ltd 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
    • 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
    • Wec Energy Group Inc 0.04%
    • Xcel Energy Inc 0.04%
    • Ameren Corp 0.03%
    • Ampol Ltd 0.03%
    • Cms Energy Corp 0.03%
    • Conocophillips 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
    • Enel Spa 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Entergy Corp 0.03%
    • Glencore PLC 0.03%
    • Mitsubishi 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
    • Mitsui & Co 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
    • Ppl Corp 0.03%
    • South32 Ltd 0.03%
    • Washington H. Soul Pattinson 0.03%
    • Agl Energy Ltd 0.02%
    • Alliant Energy Corp 0.02%
    • Apa Group 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
    • Atmos Energy Corp 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
    • 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%
    • Fortis 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
    • Halliburton Co 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
    • Itochu 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
    • Marathon Petroleum Corp 0.02%
    • Nisource Inc 0.02%
    • Orica Ltd 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
    • 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
    • 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
    • Targa Resources Corp 0.02%
    • Total SA 0.02%
    • Vale SA 0.02%
    • Whitehaven Coal Ltd 0.02%
    • Centrica PLC 0.01%
    • Clp Holdings Ltd 0.01%
    • Constellation Energy 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
    • 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
    • Dte Energy Co 0.01%
    • E.On Se 0.01%
    • Emera Inc 0.01%
    • Eni 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
    • 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
    • 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
    • Occidental Petroleum Cor 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
    • 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
    • Petroleo Brasileiro-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
    • Pinnacle West Capital 0.01%
    • Pioneer Natural Resource 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
    • Rwe AG 0.01%
    • Sumitomo 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
    • 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%

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 70 investment will be allocated 60.4% to income assets and 39.6% to growth assets.

Value $1.0M NZD
Period of data report 30th June 2023
Fund started 28th Oct. 2016
Total annual fund fees 0.48%
Total performance based fees 0.0%
Manager's basic fee 0.46%
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 -2.59% -3.17%
2022 1.06% 0.29%
2021 18.16% 15.65%
2020 -1.83% -3.69%
2019 4.49% 5.15%
2018 4.41% 3.67%

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

  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    18.71%
  • Vanguard Total World Stock ETF
    United States International Equities
    5.57%
  • Vanguard S&P 500 ETF
    United States International Equities
    4.0%
  • Vanguard FTSE Europe ETF
    United States International Equities
    3.13%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    1.99%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    1.83%
  • New Zealand Government 0.50% 15/05/24
    New Zealand NZ Fixed Interest AAA
    1.8%
  • Vanguard Mid-Cap ETF
    United States International Equities
    1.7%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    1.65%
  • Vanguard Global Infrastructure Index ETF
    Australia International Equities
    1.58%
Type Target Actual
Cash and Cash Equivalents 11.8% 12.36354%
New Zealand Fixed Interest 23.4% 22.94752%
International Fixed Interest 25.2% 25.2085%
Australasian Equities 10.0% 9.757118%
International Equities 25.6% 25.77547%
Listed Properties 2.0% 1.980701%
Unlisted Properties 0.0% 0.0%
Other 2.0% 1.96715%
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.