Caresaver Conservative Fund

In their own words: "An ethical portfolio with a higher exposure to income assets and a lower exposure to growth assets. This Fund’s value is unlikely to fluctuate as much as the Balanced Fund or Growth Fund."

At a glance:

Mindful Fund
Type: Conservative fund
Past Returns: * -- %

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

Annual Fees: 0.83%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND14932
Name Caresaver Conservative Fund
Risk profile Conservative fund
Description An ethical portfolio with a higher exposure to income assets and a lower exposure to growth assets. This Fund’s value is unlikely to fluctuate as much as the Balanced Fund or Growth Fund.
Value $760k NZD
Members 7
Market index description The benchmark is a composite index made up of; 20% Bloomberg NZBank Bill Index, 60% Bloomberg Barclays Global Aggregate Unhedged (USD) & 20% Morningstar Developed Markets Net Index (50% hedged to NZD).
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Tue July 23rd 2019
Three-year average return * -- %
Market index past year return %
Past year return net charges and tax None%
Past year return net of charges gross of tax None%
Market index return since fund started 1.16%
Return since fund started net 0.46%
Total annual fund fees 0.83%
Total performance based fees 0.0%
Manager's basic fee 0.8%
Administration charges 0.03%
Total other charges 27.0
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

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:

  • Cash At Bank - NZD
    New Zealand Cash and Equivalents
    72.87%
  • Ishares 1-3 Year Treasury Bond
    United States Int Fixed Interest
    13.84%
  • Cash At Bank - USD
    United States Cash and Equivalents
    6.37%
  • Ishares 3-7 Year Treasury Bond
    United States Int Fixed Interest
    5.3%
  • Bchina Term Deposit 2.83% 16/09/2019 16/03/2020
    New Zealand Cash and Equivalents
    3.28%
  • Fx Open Positions
    Australia Cash and Equivalents
    2.65%
  • ANZNZ Term Deposit 2.2% 02/09/2019 01/12/2019
    New Zealand Cash and Equivalents
    2.63%
  • Llpfspvl 12.00% 10/09/2019 10/09/2021
    New Zealand Other
    1.58%
  • ANZNZ Term Deposit 1.44% 02/09/2019 01/11/2019
    New Zealand Cash and Equivalents
    1.31%
  • A2 Milk Company Ltd
    New Zealand Australasian Equities
    1.0%

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 20.0% 66.97%
New Zealand Fixed Interest 30.0% 0.0%
International Fixed Interest 30.0% 19.14%
Australasian Equities 10.0% 10.46%
International Equities 10.0% 1.37%
Listed Properties 0.0% 0.48%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 1.58%
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

  • John Berry

    Currently: Pathfinder Asset Management - Chief Executive Officer (10 years, 6 months)
    Previously: Deutsche Bank - Consultant (4 years, 9 months)

  • Paul Brownsey

    Currently: Pathfinder Asset Management - Chief Investment Officer (10 years, 6 months)
    Previously: Deutsche Bank - Director (5 years, 0 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:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

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:

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

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.