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

Agl Energy Ltd 0.01%
BHP Group Ltd 0.07%
Diamondback Energy Inc 011224 2.875 Cb 0.02%
Dominion Energy Gas Holdings Llc 150621 Frn 0.02%
Enbridge Inc 180222 Frn 0.05%
Energy Transfer Partner Lp 150424 4.50 Cb 0.01%
Eni Spa 23/1/2030 0.01%
Eqt Corp 011022 3.00 Cb 0.01%
Nextera Energy Capital Holdings Inc 250222 2.399250 Cb 0.04%
Petrobras Global Finance 170122 6.125 Cb 0.01%
Petrobras Global Finance Bv 150130 5.093 Cb 0.05%
Petrobras Global Finance Bv 170344 7.25 Cb 0.01%
Sinopec Capital (2013) Ltd. 24/4/2043 0.01%
South32 Ltd 0.01%
Total SA 0.01%
Woodside Petroleum Ltd 0.02%

Weapons

Northrop Grumman Corp. 1/5/2050 0.01%
Textron Inc. 15/3/2026 0.03%

Tobacco

Gambling

Las Vegas Sands Corp 250625 2.90 Cb 0.04%
Sands China Ltd 080828 5.4 Cb 0.02%
Skycity Entertainment Group Ltd 0.03%
Tabcorp Holdings Ltd 0.01%

Alcohol

Anheuser-Busch Cos. Llc / Anheuser-Busch 1/2/2046 0.01%
Anheuser-Busch Inbev Finance Inc. 17/1/2023 0.11%
Anheuser-Busch Inbev Worldwide Inc. 15/7/2022 0.09%
Bacardi Ltd 150121 4.5 Cb 0.01%
Diageo PLC 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.01%

Palm Oil

GMOs

Bayer Capital Corp. Bv 26/6/2026 0.01%
Novartis AG 0.02%
Syngenta Finance AG 240420 3.698 Cb 0.04%

Human Rights & Environmental Violations

BHP Group Ltd 0.07%
Johnson & Johnson 0.04%
Nestle S.A. 0.04%
Rio Tinto Ltd 0.04%

Animal Testing

Bayer Capital Corp. Bv 26/6/2026 0.010%
Bayer US Finance Ii Llc 15/8/2025 0.070%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.030%
Danone SA 021121 2.077 Cb 0.020%
General Mills Inc 160421 Frn 0.010%
Glaxosmithkline PLC 0.010%
International Flavors and Fragrances Inc 250920 3.40 Cb 0.040%
Johnson & Johnson 0.040%
LVMH Moet Hennessy Louis Vuitton Se 0.010%
Nestle S.A. 0.040%
Nestle SA 0.010%
Pepsico Inc. 19/3/2030 0.040%
Procter & Gamble Company 0.020%
Reckitt Benckiser Treasury Services PLC 240622 2.375 Cb 0.080%
Syngenta Finance AG 240420 3.698 Cb 0.040%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    19.43%
  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    5.02%
  • Westpac 32 Day Const
    New Zealand Cash and Equivalents
    3.41%
  • Bank Of China Ltd 03/10/23 4.34% Td
    New Zealand Cash and Equivalents A1
    1.89%
  • Westpac Current Account
    New Zealand Cash and Equivalents AA-
    1.76%
  • New Zealand Government 20/09/25 2.0% Ib
    New Zealand NZ Fixed Interest AA+
    1.6%
  • New Zealand Local Government Funding Agency 14/04/33 3.50% Gb
    New Zealand NZ Fixed Interest AA+
    1.4%
  • Vanguard S&P 500 ETF
    United States International Equities
    1.19%
  • Vanguard FTSE Europe ETF
    United States International Equities
    1.05%
  • Bank Of New Zealand 18/06/20 4.426% Cb
    New Zealand Cash and Equivalents AA-
    0.8%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 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% 31.74%
New Zealand Fixed Interest 20.0% 20.51%
International Fixed Interest 38.0% 38.24%
Australasian Equities 3.0% 2.54%
International Equities 7.0% 6.43%
Listed Properties 1.0% 0.54%
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 Tue June 30th 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:
    0.54%
  • Animal Testing:
    1.50%
  • Fossil Fuels:
    1.63%
  • Gambling:
    0.13%
  • GMOs:
    0.20%
  • Human Rights & Environmental Violations:
    0.56%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.15%
  • Weapons:
    0.28%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 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 Tue June 30th 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 0.37%
Administration charges 0.09%
Total other charges 12.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (4 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (4 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (0 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (2 years, 1 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (4 years, 4 months)
Previously: Investment Manager - Trust Management (5 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

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.