SuperLife KiwiSaver Scheme
SuperLife Age Steps - Age 50

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 50 investment will be allocated 25.8% to income assets and 74.2% to growth assets."

At a glance:

Not Mindful
Type: Growth fund
Past Returns: *5.79%

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

Annual Fees: 0.61%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2655
Name SuperLife Age Steps - Age 50
Risk profile Growth 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 50 investment will be allocated 25.8% to income assets and 74.2% to growth assets.
Value $16M NZD
Members 353
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 *5.79%
Market index past year return 8.10%
Past year return net charges and tax 5.58%
Past year return net of charges gross of tax 6.06%
Market index return since fund started 9.89%
Return since fund started net 7.50%
Total annual fund fees 0.61%
Total performance based fees 0.0%
Manager's basic fee 0.49%
Administration charges 0.12%
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 6.87% 7.05%
2018 7.63% 4.54%
2017 8.87% 9.95%
2016 3.62% 4.79%
2015 13.73% 11.59%

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
    9.0975%
  • Vanguard FTSE Europe ETF
    United States International Equities
    8.745%
  • Vanguard International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    7.9%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    6.75%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    5.7225%
  • Vanguard Mid-Cap ETF
    United States International Equities
    4.2%
  • Vanguard Value ETF
    United States International Equities
    4.1325%
  • Vanguard Small-Cap ETF
    United States International Equities
    3.4725%
  • Vanguard International Property Securities Index Fund Hedged
    Australia Listed Property
    2.8875%
  • Ishares Core Global Aggregate Bond Ucits ETF NZD Hedged (Acc)
    Ireland Int Fixed Interest
    1.86%

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% 1.41%
New Zealand Fixed Interest 9.0% 8.48%
International Fixed Interest 16.0% 16.12%
Australasian Equities 19.0% 20.57%
International Equities 49.0% 49.05%
Listed Properties 6.0% 4.37%
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:
    0.73%
  • Animal Testing:
    3.80%
  • Fossil Fuels:
    4.09%
  • Gambling:
    0.74%
  • GMOs:
    0.46%
  • Human Rights & Environmental Violations:
    2.05%
  • Palm Oil:
    0.10%
  • Tobacco:
    0.35%
  • Weapons:
    0.92%

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 0.47%
Woodside Petroleum Ltd 0.02%
South32 Ltd 0.08%
Beach Energy Ltd 0.03%
Origin Energy Ltd 0.03%
Santos Ltd 0.03%
Petrobras Global Finance Bv 15/01/30 5.093% Cb 0.02%
Caltex Australia Ltd 0.02%
Oil Search Ltd 0.02%
Whitehaven Coal Ltd 0.02%
Washington H Soul Pattinson & Co Ltd 0.02%
Apa Group 0.02%
Nextera Energy Capital Holdings Inc 25/02/22 3.35% Cb 0.02%
Andeavor Logistics Lp 15/10/19 5.50% Cb 0.01%
Eqt Corp 01/10/20 2.50% Cb 0.01%
Enbridge Inc 10/01/20 Frn 0.01%
Dominion Energy Gas Holdings Llc 15/06/21 Frn 0.01%
Viva Energy Group Ltd 0.01%
Petrobras Global Finance Bv 17/03/44 7.25% Cb 0.01%
Energy Transfer Partner Lp 15/04/24 4.50% Cb 0.01%
Enbridge Inc 15/06/20 Frn 0.01%
Eqt Corp 01/10/22 3.00% Cb 0.01%
Exxon Mobil Corporation 0.09%
Chevron Corporation 0.07%
Nextera Energy, Inc. 0.04%
Dominion Energy Inc 0.02%
Conocophillips 0.02%
Phillips 66 0.02%
Marathon Petroleum Corporation 0.01%
Eog Resources, Inc. 0.01%
Valero Energy Corporation 0.01%
Kinder Morgan Inc Class P 0.01%
Occidental Petroleum Corporation 0.01%
Total Sa 0.02%
Bp P.L.C. 0.11%
Royal Dutch Shell Plc Class B 0.09%
Royal Dutch Shell Plc Class A 0.02%
BHP Group Plc 0.04%
Eni S.P.A. 0.03%
Glencore Plc 0.03%
Anglo American Plc 0.03%
Engie Sa 0.02%
Repsol Sa 0.02%
Equinor Asa 0.02%
Neste Corporation 0.01%
Snam S.P.A. 0.01%
Reliance Industries Limited 0.07%
Cnooc Limited 0.03%
Gazprom Pjsc 0.03%
Oil Company Lukoil Pjsc Sponsored Adr 0.03%
Ptt Public Co., Ltd.(Alien Mkt) 0.03%
Oil Company Lukoil Pjsc 0.02%
Gazprom Pjsc Sponsored Adr 0.02%
China Petroleum & Chemical Corporation Class H 0.02%
Novatek Jsc 0.02%
Tatneft Pjsc Sponsored Adr 0.01%
Sasol Limited 0.01%
Petrochina Company Limited Class H 0.01%
Novatek Jsc Sponsored Gdr Regs 0.01%
BHP Group Ltd 0.06%
Jxtg Holdings. Inc. 0.01%
Oneok, Inc. 0.03%
Hess Corporation 0.02%
Cheniere Energy, Inc. 0.01%
Diamondback Energy, Inc. 0.01%
Concho Resources Inc. 0.01%
Exxon Mobil Corp 0.02%
Chevron Corp 0.01%
Reliance Industries Ltd 0.01%
Bp Plc 0.02%

Weapons

United Technologies Corp 16/08/21 3.35% Cb 0.01%
Boeing Company 0.02%
Honeywell International Inc. 0.04%
United Technologies Corporation 0.04%
Lockheed Martin Corporation 0.03%
Raytheon Company 0.02%
Northrop Grumman Corporation 0.02%
Airbus Se 0.07%
Safran S.A. 0.04%
Bae Systems Plc 0.02%
Rolls-Royce Holdings Plc 0.01%
Mitsubishi Heavy Industries, Ltd. 0.01%
Transdigm Group Incorporated 0.03%
Jacobs Engineering Group Inc. 0.01%
Textron Inc. 0.01%
Leidos Holdings, Inc. 0.01%
Teledyne Technologies Incorporated 0.01%

Tobacco

Philip Morris International Inc. 0.04%
Altria Group Inc 0.03%
British American Tobacco P.L.C. 0.07%
Imperial Brands Plc 0.02%
Itc Limited 0.01%
Japan Tobacco Inc. 0.02%

Gambling

Skycity Entertainment Group Ltd 0.41%
Tabcorp Holdings Ltd 0.08%
Crown Resorts Ltd 0.03%
Star Entertainment Group Ltd 0.03%
Sands China Ltd 08/08/28 5.4% Cb 0.01%
Galaxy Entertainment Group Limited 0.01%
Aristocrat Leisure Limited 0.01%
Mgm Resorts International 0.01%

Alcohol

Bacardi Ltd 15/01/21 4.5% Cb 0.01%
Altria Group Inc 0.03%
Constellation Brands, Inc. Class A 0.01%
Lvmh Moet Hennessy Louis Vuitton Se 0.09%
Diageo Plc 0.01%
Anheuser-Busch Inbev Sa/Nv 0.05%
Pernod Ricard Sa 0.03%
Heineken Nv 0.02%
Carlsberg A/S Class B 0.01%
Ambev Sa 0.02%
Kweichow Moutai Co., Ltd. Class A 0.01%
Asahi Group Holdings,Ltd. 0.02%
Kirin Holdings Company, Limited 0.01%

Palm Oil

Pt Astra International Tbk 0.01%
Posco 0.01%

GMOs

Syngenta Finance Ag 24/04/20 3.698% Cb 0.02%
Dupont De Nemours, Inc. 0.02%
Novartis Ag 0.16%
Bayer Ag 0.06%
Basf Se 0.06%
Japan Tobacco Inc. 0.02%
Basf N 0.01%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.47%
Johnson & Johnson 0.02%
Chevron Corporation 0.07%
Duke Energy Corporation 0.02%
Sempra Energy 0.01%
Nestle S.A. 0.27%
Royal Dutch Shell Plc Class B 0.09%
Royal Dutch Shell Plc Class A 0.02%
BHP Group Plc 0.04%
Glencore Plc 0.03%
Vale S.A. 0.03%
Petroleo Brasileiro Sa 0.03%
Petroleo Brasileiro Sa Pfd 0.02%
Petroleo Brasileiro Sa Sponsored Adr Pfd 0.01%
Vale S.A. Sponsored Adr 0.01%
Pt Astra International Tbk 0.01%
Petrochina Company Limited Class H 0.01%
BHP Group Ltd 0.06%
Freeport-Mcmoran, Inc. 0.01%
Chevron Corp 0.01%
Nestle Sa 0.05%

Animal Testing

Reckitt Benckiser Treasury Services Plc 24/06/22 2.375% Cb 0.030%
Tesco Property Finance Plc 13/07/44 Sf 0.030%
Syngenta Finance Ag 24/04/20 3.698% Cb 0.020%
International Flavors and Fragrances Inc 25/09/20 3.40% Cb 0.020%
Bayer US Finance Ii Llc 15/12/28 4.375% Cb 0.010%
Danone Sa 02/11/21 2.077% Cb 0.010%
General Mills Inc 16/04/21 Frn 0.010%
Johnson & Johnson 0.019%
Procter & Gamble Company 0.098%
Chevron Corporation 0.069%
Coca-Cola Company 0.066%
Pepsico, Inc. 0.060%
Philip Morris International Inc. 0.040%
Honeywell International Inc. 0.039%
Altria Group Inc 0.026%
Colgate-Palmolive Company 0.021%
Ecolab Inc. 0.017%
Air Products and Chemicals, Inc. 0.015%
Kimberly-Clark Corporation 0.014%
Walgreens Boots Alliance Inc 0.013%
Estee Lauder Companies Inc. Class A 0.015%
General Mills, Inc. 0.011%
Ppg Industries, Inc. 0.011%
Nestle S.A. 0.266%
Glaxosmithkline Plc 0.017%
Royal Dutch Shell Plc Class B 0.093%
Lvmh Moet Hennessy Louis Vuitton Se 0.092%
Royal Dutch Shell Plc Class A 0.016%
Unilever Nv 0.014%
British American Tobacco P.L.C. 0.066%
Bayer Ag 0.062%
Basf Se 0.060%
L'Oreal Sa 0.059%
Unilever Plc 0.010%
Danone Sa 0.043%
Reckitt Benckiser Group Plc 0.042%
Air Liquide Sa Temp 0.031%
Tesco Plc 0.025%
Givaudan Sa 0.024%
Akzo Nobel N.V. 0.018%
Imperial Brands Plc 0.018%
Koninklijke Dsm N.V. 0.018%
Henkel Ag & Co. Kgaa Pref 0.016%
Air Liquide Sa 0.010%
Symrise Ag 0.010%
Beiersdorf Ag 0.010%
Hindustan Unilever Limited 0.023%
Shiseido Company,Limited 0.027%
Clorox Company 0.019%
Church & Dwight Co., Inc. 0.018%
International Flavors & Fragrances Inc. 0.013%
Fmc Corporation 0.012%
Procter & Gamble 0.016%
Chevron Corp 0.011%
Coca-Cola 0.011%
Nestle Sa 0.048%
Lvmh 0.019%
Basf N 0.011%

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.