SuperLife Age Steps - Age 20

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 20 investment will be allocated 5% to income assets and 95% to growth assets."

At a glance:

Not Mindful
Type: Aggressive fund
Past Returns: *6.46%

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

Annual Fees: 0.63%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2652
Name SuperLife Age Steps - Age 20
Risk profile Aggressive fund
Description 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 20 investment will be allocated 5% to income assets and 95% to growth assets.
Value $1.4M NZD
Members 391
Market index description weighted average annual return of the market indices used to measure the performance of the assets that the stage invests in
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Sun Sept. 15th 2013
Three-year average return *6.46%
Market index past year return 7.59%
Past year return net charges and tax 5.32%
Past year return net of charges gross of tax 5.44%
Market index return since fund started 10.93%
Return since fund started net 8.39%
Total annual fund fees 0.63%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Administration charges 0.13%
Total other charges 30.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 10.11% 7.96%
2018 6.68% 4.95%
2017 11.18% 11.98%
2016 4.51% 5.29%
2015 15.30% 12.96%

The market index is the average NZ KiwiSaver 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 KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • Vanguard S&P 500 ETF
    United States International Equities
    11.6448%
  • Vanguard FTSE Europe ETF
    United States International Equities
    11.1936%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    8.64%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    7.3248%
  • Vanguard Mid-Cap ETF
    United States International Equities
    5.376%
  • Vanguard Value ETF
    United States International Equities
    5.2896%
  • Vanguard Small-Cap ETF
    United States International Equities
    4.4448%
  • Vanguard International Property Securities Index Fund Hedged
    Australia Listed Property
    3.696%
  • Ishares Msci Usa Esg Screened Ucits ETF USD (Acc)
    Ireland International Equities
    1.6608%
  • Ishares Msci Em Imi Esg Screened Ucits ETF USD (Acc)
    Ireland International Equities
    1.5744%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 1.23%
New Zealand Fixed Interest 1.0% 1.36%
International Fixed Interest 3.0% 2.58%
Australasian Equities 24.0% 26.36%
International Equities 64.0% 62.87%
Listed Properties 7.0% 5.6%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Alister John Williams

    Currently: Director (3 years, 10 months)
    Previously: Investment Manager - Trust Management (4 years, 8 months)

  • Guy Roulston Elliffe

    Currently: Director (3 years, 10 months)
    Previously: Corporate Governance Manager - ACC (4 years, 5 months)

  • Hugh Duncan Stevens

    Currently: Chief Executive Officer - Smartshares (1 years, 7 months)
    Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

  • Stuart Kenneth Reginald Millar (New)

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

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
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.82%
  • Animal Testing:
    4.38%
  • Fossil Fuels:
    4.58%
  • Gambling:
    0.92%
  • GMOs:
    0.51%
  • Human Rights & Environmental Violations:
    2.50%
  • Palm Oil:
    0.12%
  • Tobacco:
    0.39%
  • Weapons:
    1.09%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 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 KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Fossil Fuel

BHP Billiton Ltd 0.60%
Woodside Petroleum Ltd 0.02%
South32 Ltd 0.10%
Beach Energy Ltd 0.04%
Origin Energy Ltd 0.04%
Santos Ltd 0.04%
Caltex Australia Ltd 0.03%
Oil Search Ltd 0.03%
Whitehaven Coal Ltd 0.03%
Washington H Soul Pattinson & Co Ltd 0.03%
Apa Group 0.02%
Viva Energy Group Ltd 0.01%
Exxon Mobil Corporation 0.11%
Chevron Corporation 0.09%
Nextera Energy, Inc. 0.05%
Dominion Energy Inc 0.03%
Conocophillips 0.02%
Phillips 66 0.02%
Marathon Petroleum Corporation 0.02%
Eog Resources, Inc. 0.02%
Valero Energy Corporation 0.02%
Kinder Morgan Inc Class P 0.02%
Occidental Petroleum Corporation 0.01%
Oneok, Inc. 0.04%
Williams Companies, Inc. 0.01%
Lyondellbasell Industries Nv 0.01%
Total Sa 0.02%
Bp P.L.C. 0.14%
Royal Dutch Shell Plc Class B 0.12%
Royal Dutch Shell Plc Class A 0.02%
BHP Group Plc 0.05%
Eni S.P.A. 0.04%
Glencore Plc 0.04%
Anglo American Plc 0.04%
Engie Sa 0.03%
Repsol Sa 0.02%
Equinor Asa 0.02%
Neste Corporation 0.02%
Snam S.P.A. 0.01%
Reliance Industries Limited 0.10%
Cnooc Limited 0.04%
Gazprom Pjsc 0.03%
Oil Company Lukoil Pjsc Sponsored Adr 0.03%
Ptt Public Co., Ltd.(Alien Mkt) 0.03%
Oil Company Lukoil Pjsc 0.03%
Gazprom Pjsc Sponsored Adr 0.03%
China Petroleum & Chemical Corporation Class H 0.02%
Novatek Jsc 0.02%
Tatneft Pjsc Sponsored Adr 0.02%
Sasol Limited 0.01%
Petrochina Company Limited Class H 0.01%
Novatek Jsc Sponsored Gdr Regs 0.01%
China Shenhua Energy Co. Ltd. Class H 0.01%
Bharat Petroleum Corporation Limited 0.01%
Tatneft Pjsc 0.01%
BHP Group Ltd 0.08%
Jxtg Holdings. Inc. 0.01%
Marubeni Corporation 0.01%
Santos Limited 0.01%
Hess Corporation 0.02%
Cheniere Energy, Inc. 0.02%
Diamondback Energy, Inc. 0.02%
Concho Resources Inc. 0.02%
Marathon Oil Corporation 0.01%
Noble Energy, Inc. 0.01%
Targa Resources Corp. 0.01%
Apache Corporation 0.01%
Hollyfrontier Corporation 0.01%
Exxon Mobil Corp 0.02%
Chevron Corp 0.01%
Reliance Industries Ltd 0.02%
Gazprom 0.01%
Bp Plc 0.02%

Weapons

Boeing Company 0.02%
Honeywell International Inc. 0.05%
United Technologies Corporation 0.05%
Lockheed Martin Corporation 0.04%
Raytheon Company 0.02%
Northrop Grumman Corporation 0.02%
Transdigm Group Incorporated 0.03%
Airbus Se 0.09%
Safran S.A. 0.06%
Bae Systems Plc 0.03%
Rolls-Royce Holdings Plc 0.02%
Thales Sa 0.01%
Larsen & Toubro Ltd. 0.01%
Mitsubishi Heavy Industries, Ltd. 0.01%
Jacobs Engineering Group Inc. 0.02%
Textron Inc. 0.01%
Huntington Ingalls Industries, Inc. 0.01%
Leidos Holdings, Inc. 0.02%
Teledyne Technologies Incorporated 0.02%
Booz Allen Hamilton Holding Corporation Class A 0.01%

Tobacco

Philip Morris International Inc. 0.05%
Altria Group Inc 0.03%
British American Tobacco P.L.C. 0.08%
Imperial Brands Plc 0.02%
Itc Limited 0.02%
Japan Tobacco Inc. 0.03%

Gambling

Skycity Entertainment Group Ltd 0.52%
Tabcorp Holdings Ltd 0.10%
Crown Resorts Ltd 0.04%
Star Entertainment Group Ltd 0.04%
Galaxy Entertainment Group Limited 0.02%
Aristocrat Leisure Limited 0.01%
Sands China Ltd. 0.01%
Mgm Resorts International 0.02%
Wynn Resorts, Limited 0.01%

Alcohol

Altria Group Inc 0.04%
Constellation Brands, Inc. Class A 0.01%
Lvmh Moet Hennessy Louis Vuitton Se 0.12%
Diageo Plc 0.02%
Anheuser-Busch Inbev Sa/Nv 0.07%
Pernod Ricard Sa 0.04%
Heineken Nv 0.03%
Carlsberg A/S Class B 0.02%
Heineken Holding N.V. 0.01%
Ambev Sa 0.03%
Kweichow Moutai Co., Ltd. Class A 0.02%
China Resources Beer (Holdings) Co. Ltd. 0.01%
Asahi Group Holdings,Ltd. 0.02%
Kirin Holdings Company, Limited 0.02%
Molson Coors Brewing Company Class B 0.01%
Anheuser Busch Inbev Nv 0.01%

Palm Oil

Pt Astra International Tbk 0.02%
Posco 0.01%
Brown & Brown, Inc. 0.01%

GMOs

Dupont De Nemours, Inc. 0.02%
Novartis Ag 0.20%
Bayer Ag 0.08%
Basf Se 0.08%
Novozymes A/S Class B 0.01%
Japan Tobacco Inc. 0.03%
Basf N 0.01%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.60%
Johnson & Johnson 0.01%
Chevron Corporation 0.09%
Duke Energy Corporation 0.03%
Sempra Energy 0.02%
Archer-Daniels-Midland Company 0.01%
Nestle S.A. 0.34%
Royal Dutch Shell Plc Class B 0.12%
Royal Dutch Shell Plc Class A 0.02%
BHP Group Plc 0.05%
Glencore Plc 0.04%
Vale S.A. 0.04%
Petroleo Brasileiro Sa 0.04%
Petroleo Brasileiro Sa Pfd 0.02%
Petroleo Brasileiro Sa Sponsored Adr Pfd 0.02%
Vale S.A. Sponsored Adr 0.02%
Pt Astra International Tbk 0.01%
Petrochina Company Limited Class H 0.01%
Mmc Norilsk Nickel Pjsc Adr 0.01%
Jbs S.A. 0.01%
Mmc Norilsk Nickel Pjsc 0.01%
BHP Group Ltd 0.07%
Posco 0.01%
Freeport-Mcmoran, Inc. 0.02%
Bunge Limited 0.01%
Chevron Corp 0.01%
Nestle Sa 0.06%

Animal Testing

Johnson & Johnson 0.023%
Procter & Gamble Company 0.126%
Chevron Corporation 0.089%
Coca-Cola Company 0.085%
Pepsico, Inc. 0.078%
Philip Morris International Inc. 0.051%
Honeywell International Inc. 0.050%
Altria Group Inc 0.034%
Colgate-Palmolive Company 0.027%
Ecolab Inc. 0.022%
Air Products and Chemicals, Inc. 0.019%
Kimberly-Clark Corporation 0.019%
Walgreens Boots Alliance Inc 0.017%
Estee Lauder Companies Inc. Class A 0.019%
General Mills, Inc. 0.012%
Ppg Industries, Inc. 0.012%
Archer-Daniels-Midland Company 0.010%
Nestle S.A. 0.341%
Glaxosmithkline Plc 0.022%
Royal Dutch Shell Plc Class B 0.119%
Lvmh Moet Hennessy Louis Vuitton Se 0.118%
Royal Dutch Shell Plc Class A 0.020%
Unilever Nv 0.017%
British American Tobacco P.L.C. 0.085%
Bayer Ag 0.080%
Basf Se 0.077%
L'Oreal Sa 0.076%
Unilever Plc 0.013%
Danone Sa 0.055%
Reckitt Benckiser Group Plc 0.011%
Air Liquide Sa Temp 0.010%
Tesco Plc 0.033%
Givaudan Sa 0.030%
Akzo Nobel N.V. 0.024%
Imperial Brands Plc 0.024%
Koninklijke Dsm N.V. 0.024%
Henkel Ag & Co. Kgaa Pref 0.020%
Air Liquide Sa 0.013%
Symrise Ag 0.013%
Beiersdorf Ag 0.013%
Burberry Group Plc 0.012%
Associated British Foods Plc 0.011%
Henkel Ag & Co. Kgaa 0.011%
Novozymes A/S Class B 0.011%
Hindustan Unilever Limited 0.032%
Shiseido Company,Limited 0.034%
Clorox Company 0.023%
Church & Dwight Co., Inc. 0.022%
International Flavors & Fragrances Inc. 0.016%
Fmc Corporation 0.015%
Procter & Gamble 0.020%
Chevron Corp 0.014%
Coca-Cola 0.014%
Pepsico Inc 0.012%
Nestle Sa 0.061%
Lvmh 0.024%
Basf N 0.014%

Download the fund's disclosure statement and portfolio holdings.

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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 investment. Past returns are not a guide to future returns. 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.