SuperLife Age Steps - Age 80

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Not Mindful
Type: Defensive fund
Past Returns: 2.25%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.46%

Annual fees, including any membership and % management fee.

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.


Fossil Fuel

BHP Group Ltd 0.04%
Cnac Hk Finbridge Co. Ltd. 0.01%
Coca-Cola Amatil Ltd 0.01%
Diamondback Energy Inc 011224 2.875% Cb 0.03%
Dominion Energy Gas Holdings Llc 150621 Frn 0.02%
Electricite De France SA 131020 2.35% Cb 0.01%
Enbridge Inc 180222 Frn 0.04%
Enbw Energie Baden-Wuerttemberg AG 0.02%
Enel Finance International Nv 170624 0.0% Cb 0.02%
Energy Transfer Partner Lp 150424 4.50% Cb 0.01%
Eni Spa 0.01%
Genesis Energy Ltd 0.03%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.40%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.19%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.10%
Nextera Energy Capital Holdings Inc 250222 Frn 0.03%
Occidental Petroleum Corp 150822 Frn 0.02%
Petrobras Global Finance Bv 150130 5.093% Cb 0.05%
Petrobras Global Finance Bv 170344 7.25% Cb 0.01%
Petroleos Mexicanos 210947 6.75% Gb 0.01%
Rio Tinto Ltd 0.01%
Saudi Arabian Oil Co 160422 2.75% Cb 0.02%
Southern Power Co 201220 Frn 0.01%
Woodside Petroleum Ltd 0.01%

Weapons

Tobacco

Gambling

Las Vegas Sands Corp 250625 2.90% Cb 0.03%
Sands China Ltd 080828 5.4% Cb 0.02%
Skycity Entertainment Group Ltd 0.05%
Tabcorp Holdings Ltd 0.01%

Alcohol

Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.01%
Bacardi Ltd 150121 4.5% Cb 0.01%
Coca-Cola Amatil Ltd 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.01%

Palm Oil

GMOs

Human Rights & Environmental Violations

BHP Group Ltd 0.04%
Johnson & Johnson 0.04%
Nestle S.A. 0.04%
Nestle SA 0.02%
Rio Tinto Ltd 0.01%

Animal Testing

Bayer Capital Corp. Bv 0.010%
Bayer US Finance Ii Llc 0.010%
Bayer US Finance Ii Llc 151228 4.375% Cb 0.020%
Cnac Hk Finbridge Co. Ltd. 0.010%
Coca-Cola Amatil Ltd 0.010%
General Mills Inc 160421 Frn 0.010%
Johnson & Johnson 0.030%
LVMH Moet Hennessy Louis Vuitton Se 0.010%
Nestle S.A. 0.030%
Nestle SA 0.010%
Procter & Gamble Company 0.030%
Reckitt Benckiser Treasury Services PLC 24/06/22 2.375% Cb 0.060%
Reliance Industries Limited 0.010%
Tesco Property Finance PLC 13/07/44 Sf 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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.

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
2020 1.67% 0.36%
2019 2.69% 3.5%
2018 2.37% 2.89%

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 Thu Dec. 31st 2020.

Showing the top 10 investments for this fund:

  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    19.11%
  • Ishares Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    4.9%
  • Westpac 32 Day Const
    New Zealand Cash and Equivalents
    3.65%
  • Westpac NZD Current Account
    New Zealand Cash and Equivalents AA-
    2.19%
  • Bank Of China Ltd 03/10/23 4.34% Td
    New Zealand Cash and Equivalents A1
    2.13%
  • New Zealand Government 20/09/25 2.0% Ib
    New Zealand NZ Fixed Interest AA+
    1.23%
  • Vanguard S&P 500 ETF
    United States International Equities
    1.07%
  • Vanguard FTSE Europe ETF
    United States International Equities
    0.96%
  • Rabobank New Zealand 140121 Rcd
    New Zealand Cash and Equivalents A1
    0.81%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    0.79%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 31.0% 33.13%
New Zealand Fixed Interest 20.0% 18.64%
International Fixed Interest 38.0% 38.39%
Australasian Equities 3.0% 2.67%
International Equities 7.0% 6.57%
Listed Properties 1.0% 0.6%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.29%
  • Animal Testing:
    1.55%
  • Fossil Fuels:
    2.97%
  • Gambling:
    0.15%
  • GMOs:
    0.01%
  • Human Rights & Environmental Violations:
    0.49%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.15%
  • Weapons:
    0.26%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"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 80 investment will be allocated 90% to income assets and 10% to growth assets."

Value $0 NZD
Period of data report Thu Dec. 31st 2020
Members Not provided
Fund started Fri Oct. 28th 2016
Total annual fund fees 0.46%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Administration charges 0.01%
Total other charges 12.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (5 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (5 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (1 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (2 years, 10 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (5 years, 1 months)
Previously: Investment Manager - Trust Management (5 years, 11 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.