SuperLife Age Steps - Age 70

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Not Mindful
Type: Balanced fund
Past Returns: 5.03%

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

Annual Fees: 0.58%

Annual fees, including 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.

Show fund checker chart here


Fossil Fuel

BHP Billiton Ltd 0.25%
Woodside Petroleum Ltd 0.10%
South32 Ltd 0.04%
Petrobras Global Finance Bv 15/01/30 5.093% Cb 0.04%
Nextera Energy Capital Holdings Inc 25/02/22 3.35% Cb 0.02%
Andeavor Logistics Lp 15/10/19 5.50% Cb 0.02%
Eqt Corp 01/10/20 2.50% Cb 0.02%
Enbridge Inc 10/01/20 Frn 0.02%
Dominion Energy Gas Holdings Llc 15/06/21 Frn 0.02%
Beach Energy Ltd 0.02%
Origin Energy Ltd 0.02%
Santos Ltd 0.02%
Caltex Australia Ltd 0.01%
Oil Search Ltd 0.01%
Whitehaven Coal Ltd 0.01%
Washington H Soul Pattinson & Co 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%
Apa Group 0.01%
Exxon Mobil Corporation 0.05%
Chevron Corporation 0.04%
Nextera Energy, Inc. 0.02%
Dominion Energy Inc 0.01%
Conocophillips 0.01%
Phillips 66 0.01%
Total Sa 0.01%
Bp P.L.C. 0.06%
Royal Dutch Shell Plc Class B 0.05%
Royal Dutch Shell Plc Class A 0.05%
BHP Group Plc 0.02%
Eni S.P.A. 0.02%
Glencore Plc 0.02%
Anglo American Plc 0.02%
Engie Sa 0.01%
Repsol Sa 0.01%
Reliance Industries Limited 0.04%
Cnooc Limited 0.01%
Gazprom Pjsc 0.01%
Oil Company Lukoil Pjsc Sponsored Adr 0.01%
Ptt Public Co., Ltd.(Alien Mkt) 0.01%
Oil Company Lukoil Pjsc 0.01%
Gazprom Pjsc Sponsored Adr 0.01%
BHP Group Ltd 0.03%
Oneok, Inc. 0.02%
Bp Plc 0.01%

Weapons

United Technologies Corp 16/08/21 3.35% Cb 0.01%
Boeing Company 0.03%
Honeywell International Inc. 0.02%
United Technologies Corporation 0.02%
Lockheed Martin Corporation 0.02%
Raytheon Company 0.01%
Northrop Grumman Corporation 0.01%
Airbus Se 0.04%
Safran S.A. 0.02%
Bae Systems Plc 0.01%
Transdigm Group Incorporated 0.02%

Gambling

Skycity Entertainment Group Ltd 0.22%
Tabcorp Holdings Ltd 0.04%
Sands China Ltd 08/08/28 5.4% Cb 0.02%
Crown Resorts Ltd 0.02%
Star Entertainment Group Ltd 0.02%

Alcohol

Bacardi Ltd 15/01/21 4.5% Cb 0.01%
Altria Group Inc 0.02%
Lvmh Moet Hennessy Louis Vuitton Se 0.05%
Diageo Plc 0.04%
Anheuser-Busch Inbev Sa/Nv 0.03%
Pernod Ricard Sa 0.02%
Heineken Nv 0.01%
Ambev Sa 0.01%

Palm Oil

GMOs

Syngenta Finance Ag 24/04/20 3.698% Cb 0.02%
Novartis Ag 0.09%
Bayer Ag 0.03%
Basf Se 0.03%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.25%
Johnson & Johnson 0.01%
Chevron Corporation 0.04%
Duke Energy Corporation 0.01%
Nestle S.A. 0.14%
Royal Dutch Shell Plc Class B 0.05%
Royal Dutch Shell Plc Class A 0.05%
BHP Group Plc 0.02%
Glencore Plc 0.02%
Vale S.A. 0.02%
Petroleo Brasileiro Sa 0.02%
BHP Group Ltd 0.03%
Nestle Sa 0.03%

Animal Testing

Reckitt Benckiser Treasury Services Plc 24/06/22 2.375% Cb 0.040%
Tesco Property Finance Plc 13/07/44 Sf 0.040%
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 0.020%
Danone Sa 02/11/21 2.077% Cb 0.020%
General Mills Inc 16/04/21 Frn 0.010%
Johnson & Johnson 0.011%
Procter & Gamble Company 0.051%
Chevron Corporation 0.036%
Coca-Cola Company 0.035%
Pepsico, Inc. 0.032%
Philip Morris International Inc. 0.021%
Honeywell International Inc. 0.020%
Altria Group Inc 0.014%
Colgate-Palmolive Company 0.011%
Nestle S.A. 0.142%
Glaxosmithkline Plc 0.052%
Royal Dutch Shell Plc Class B 0.050%
Lvmh Moet Hennessy Louis Vuitton Se 0.049%
Royal Dutch Shell Plc Class A 0.049%
Unilever Nv 0.039%
British American Tobacco P.L.C. 0.036%
Bayer Ag 0.033%
Basf Se 0.032%
L'Oreal Sa 0.032%
Unilever Plc 0.030%
Danone Sa 0.023%
Reckitt Benckiser Group Plc 0.022%
Air Liquide Sa Temp 0.017%
Tesco Plc 0.014%
Givaudan Sa 0.013%
Hindustan Unilever Limited 0.014%
Shiseido Company,Limited 0.015%
Clorox Company 0.011%
Nestle Sa 0.027%
Lvmh 0.011%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to DD MONTH YYYY 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.

A summary of this fund and it's details.

Number FND2657
Name SuperLife Age Steps - Age 70
Risk profile Balanced 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 70 investment will be allocated 60.4% to income assets and 39.6% to growth assets.
Value $1.6M NZD
Members 51
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 Tue Dec. 31st 2019
Fund started Sun Sept. 15th 2013
Three-year average return 5.03%
Market index past year return 13.74%
Past year return net charges and tax 10.58%
Past year return net of charges gross of tax 12.26%
Market index return since fund started 7.41%
Return since fund started net 5.53%
Total annual fund fees 0.58%
Total performance based fees 0.0%
Manager's basic fee 0.47%
Administration charges 0.11%
Total other charges 30.0
Total other charges currency NZD

Key Personnel

  • Alister John Williams

    Currently: Director (4 years, 1 months)
    Previously: Investment Manager - Trust Management (4 years, 11 months)

  • Guy Roulston Elliffe

    Currently: Director (4 years, 1 months)
    Previously: Corporate Governance Manager - ACC (current position) (4 years, 8 months)

  • Hugh Duncan Stevens

    Currently: Chief Executive Officer - Smartshares (1 years, 10 months)
    Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

  • Stuart Kenneth Reginald Millar

    Currently: Chief Investment Officer - Smartshares (0 years, 7 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.

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
2019 5.68% 5.08%
2018 5.63% 3.59%
2017 6.10% 6.41%
2016 4.01% 3.81%
2015 11.09% 8.5%

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 International Credit Securities Index Fund Hedged
    Australia Int Fixed Interest
    12.804%
  • Nikko AM Wholesale NZ Cash
    New Zealand Cash and Equivalents
    5.02%
  • Vanguard S&P 500 ETF
    United States International Equities
    4.688%
  • Vanguard FTSE Europe ETF
    United States International Equities
    4.516%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.576%
  • Ishares Core Global Aggregate Bond Ucits ETF NZD Hedged (Acc)
    Ireland Int Fixed Interest
    3.244%
  • Westpac Current Account
    New Zealand Cash and Equivalents A-1+
    2.958%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    2.876%
  • Vanguard Mid-Cap ETF
    United States International Equities
    2.144%
  • Vanguard Value ETF
    United States International Equities
    2.128%

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 21.0% 21.32%
New Zealand Fixed Interest 14.0% 14.19%
International Fixed Interest 26.0% 25.65%
Australasian Equities 10.0% 10.7%
International Equities 26.0% 25.95%
Listed Properties 3.0% 2.19%
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.

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:
    0.50%
  • Animal Testing:
    2.43%
  • Fossil Fuels:
    2.76%
  • Gambling:
    0.42%
  • GMOs:
    0.30%
  • Human Rights & Environmental Violations:
    1.20%
  • Palm Oil:
    0.06%
  • Tobacco:
    %
  • Weapons:
    0.57%

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.

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

Download the fund's disclosure statement and portfolio holdings.

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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.