SuperLife

Ethica Fund

 

Objective

Ethica is a socially responsible fund that invests in a balanced mix of income and growth assets. It excludes assets that do not meet the fund’s defined ethical investment standards (see Investment Restrictions in the table below). Negative annual returns may occur once in every 5-7 years on average.

 

Latest Quarterly Fund Updates

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Fund Facts

Asset Class Multi-asset class
Geographic Focus International
Market Index The market index for the fund is a composite index. It is made up of the indices used to measure the performance of the assets that the fund invests in. The market index return for the fund is calculated using the weighted average annual return of the market indices used to measure the performance of the assets that the fund invests in. This is calculated by multiplying the index return for each asset class by the target asset allocation weights for each asset class
Investment Restrictions
The fund may not invest in investments where, in Smartshares Limited’s opinion, the activities of the entities behind the investment
 
  • have an overall negative impact on social and community outcomes; or 
  • would be illegal in New Zealand; or 
  • are inconsistent with the United Nations’ policies on health and safety, child rights and human rights; or 
  • are expected to result in long-term, detrimental change to the environment. 
Current investments and sectors that are excluded are those where a material part of their revenue and/or activities are in the areas of gambling, tobacco, alcohol, armaments, pornography and fossil fuel extraction.

Fund Value ( 30/09/2021) $57,109,062
Fund Start Date 31 March 2008
Risk Indicator ( 31/05/2020)

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Fund Value ( 30/09/2021) $116,671,018
Fund Start Date 28 October 2016
Risk Indicator ( 31/05/2020)

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Fund Value ( 30/09/2021) $29,807,261
Fund Start Date 4 February 2008
Risk Indicator ( 31/05/2020)

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Fund Value ( 30/09/2021) $5,066,156
Fund Start Date 24 July 2012
Risk Indicator ( 31/05/2020)

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Returns and Fees

30 September 2021
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
-1.90% 15.07% 8.85% 7.35%
Market Index Return
(reflects no deductions for charges and tax)
-1.48% 15.36% 9.42% 9.35%
Fee Amount
Fund Charges 0.70% per annum of fund's net value.
Administration fee $30 a year (regardless of the number of investment options you invest in, or the number of times you change investment options).
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower. If you are a SuperLife investor, you can log in to see how your investments have performed.
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
-1.91% 15.00% 8.84%
Market Index Return
(reflects no deductions for charges and tax)
-1.48% 15.36% 9.42%
Fee Amount
Fund Charges 0.60% per annum of fund's net value.
Administration fee $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options).
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower. If you are a SuperLife investor, you can log in to see how your investments have performed.
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
-1.89% 15.09% 8.91% 7.42%
Market Index Return
(reflects no deductions for charges and tax)
-1.48% 15.36% 9.42% 9.35%
Fee Amount
Fund Charges 0.60% per annum of fund's net value.
Administration fee $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options).
Transfer fee You will only be charged this fee if you transfer money from your member account to a KiwiSaver scheme and the transfer is to a KiwiSaver scheme other than the SuperLife KiwiSaver scheme. The fee is $50 for each transfer.
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower. If you are a SuperLife investor, you can log in to see how your investments have performed.
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
-1.91% 15.03% 8.76% 7.30%
Market Index Return
(reflects no deductions for charges and tax)
-1.48% 15.36% 9.42% 9.35%
Fee Amount
Fund Charges 0.81% per annum of fund's net value.
Administration fee $60 a year (regardless of the number of investment options you invest in, or the number of times you change investment options).
Entry fee You will be charged this fee when you transfer money into the SuperLife UK pension transfer scheme from a UK pension scheme or Recognised Overseas Pension Scheme (ROPS). The fee is $500.
Exit fee You will be charged this fee if you transfer your investment from the SuperLife UK pension transfer scheme to a UK pension scheme or another ROPS. The fee is 1.00% of the amount transferred or $500 (whichever is greater).
The returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower. If you are a SuperLife investor, you can log in to see how your investments have performed.

Asset Class

30 September 2021

Income Current %Target %Range
Cash and cash equivalents 0.83% 1.00% 0-50%
New Zealand fixed interest 12.96% 13.00% 0-55%
International fixed interest 25.73% 26.00% 0-55%
Total 39.52% 40.00%
Growth Current %Target %Range
Australasian equities 15.16% 14.50% 0-50%
International equities 37.79% 38.00% 0-50%
Listed property 7.53% 7.50% 0-30%
Total 60.48% 60.00%

Top 10 Fund Investments

30 September 2021

The managed funds invest in SuperLife's sector and ETF funds, and in directly held financial products. To view the top 10 individual holdings of the underlying funds, download the latest fund update at the top of this page.

NameType%
Dimensional Global Sustainability Trust NZD Hedged International equities 29.94%
Dimensional Global Bond Sustainability Trust NZD International fixed interest 25.73%
Smartshares NZ Bond ETF New Zealand fixed interest 11.73%
NZ Core Equity Fund Australasian equities 11.27%
Dimensional Global Sustainability Trust - Unhedged Class Units International equities 7.85%
Dimensional Australian Sustainability Trust Australasian equities 3.89%
Vanguard International Property Securities Index Fund Hedged Listed property 3.78%
Smartshares Australian Property ETF Listed property 1.91%
Smartshares NZ Property ETF Listed property 1.85%
ANZ Current Account Cash and cash equivalents 0.83%

Geography

31 August 2021
Country%Relative Weighting
United States 41.24%
New Zealand 26.64%
Australia 8.40%
United Kingdom 4.47%
Canada 3.99%
Japan 3.52%
Germany 1.17%
Switzerland 1.10%
France 0.95%
Netherlands 0.64%

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