SuperLife

Ethica

 

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.

 

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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 ( 31/12/2018) $26,424,051
Fund Start Date 31 March 2008
Risk Indicator ( 30/09/2018)

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Fund Value ( 31/12/2018) $46,048,324
Fund Start Date 28 October 2016
Risk Indicator ( 30/09/2018)

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Fund Value ( 31/12/2018) $11,309,655
Fund Start Date 4 February 2008
Risk Indicator ( 30/09/2018)

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Fund Value ( 31/12/2018) $2,179,028
Fund Start Date 24 July 2012
Risk Indicator ( 30/09/2018)

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Returns and Fees

31 December 2018
Last month Last year 3 years (p.a.) 5 years (p.a.)
Return
(after deductions for charges and tax)
-2.88% -4.53% 3.17% 5.89%
Market Index Return
(reflects no deductions for charges and tax)
-2.59% -1.60% 6.23% 7.03%
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)
-2.86% -4.42%
Market Index Return
(reflects no deductions for charges and tax)
-2.59% -1.60%
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).
Paper statements fee $18 a year (you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form).
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)
-2.88% -4.45% 3.26% 5.97%
Market Index Return
(reflects no deductions for charges and tax)
-2.59% -1.60% 6.23% 7.03%
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).
Paper statements fee $18 a year (you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form).
Transfer fee $50 for each transfer (you will only be charged this fee if the PDS Supplement for your employer allows you to transfer money from your accounts to a KiwiSaver scheme and the transfer is to a KiwiSaver scheme other than the SuperLife KiwiSaver scheme).
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)
-2.87% -4.52% 3.20% 5.91%
Market Index Return
(reflects no deductions for charges and tax)
-2.59% -1.60% 6.23% 7.03%
Fee Amount
Fund Charges 0.71% 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 1% of the amount transferred or $500 (whichever is greater). You will be charged this fee when you transfer money into the Scheme from a UK pension scheme or another ROPS.
Exit fee 1% of the amount transferred or $500 (whichever is greater). You will be charged this fee if you transfer your investment from the Scheme to a UK pension scheme or another ROPS.
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

31 December 2018

Income Current %Target %Range
Cash and cash equivalents 1.26% 1.00% 0-50%
New Zealand fixed interest 13.29% 13.00% 0-55%
International fixed interest 27.19% 26.00% 0-55%
Total 41.74% 40.00%
Growth Current %Target %Range
Australasian equities 13.59% 14.50% 0-50%
International equities 36.33% 38.00% 0-50%
Listed property 8.34% 7.50% 0-30%
Total 58.26% 60.00%

Top 10 Fund Investments

31 December 2018

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 Bond Sustainability Trust NZD International fixed interest 27.22%
Dimensional Global Sustainability Trust NZD Hedged International equities 27.12%
Smartshares NZ Bond Fund New Zealand fixed interest 12.75%
NZ Core Equity Fund Australasian equities 10.34%
Dimensional Global Sustainability Trust - Unhedged Class Units International equities 9.24%
Dimensional Australian Sustainability Trust Australasian equities 4.07%
Vanguard International Property Securities Index Fund Hedged Listed property 3.56%
Smartshares NZ Property Fund Listed property 1.98%
Smartshares Australian Property Fund Listed property 1.92%
ASB NZD Current Account Cash and cash equivalents 1.05%

Geography

31 December 2018
Country%Relative Weighting
Australia 73.14%
New Zealand 26.86%

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