Supereasy Balanced Fund

In their own words: "The Balanced Fund target asset allocations are 50% in growth assets and 50% in income assets. Its objective is to reduce the likelihood of negative returns over the short to medium term through higher proportions of investment in defensive assets, such as cash and bonds, while still providing a reasonable opportunity for positive real returns over the longer term by investing a reasonable proportion of the Fund in growth assets such as equities and property."

At a glance:

Not Mindful
Type: Balanced fund
Past Returns: 5.69%

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

Annual Fees: 0.55%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND201
Name Supereasy Balanced Fund
Risk profile Balanced fund
Description The Balanced Fund target asset allocations are 50% in growth assets and 50% in income assets. Its objective is to reduce the likelihood of negative returns over the short to medium term through higher proportions of investment in defensive assets, such as cash and bonds, while still providing a reasonable opportunity for positive real returns over the longer term by investing a reasonable proportion of the Fund in growth assets such as equities and property.
Value $9.1M NZD
Members 308
Market index description The market index return is the strategic asset allocation weighted benchmark index return, where the benchmark indices are defined in the Statement of Investment Policy and Objectives.
Disclosure Statement Period Sun March 31st 2019
Fund started Sun July 1st 2007
Three-year average return 5.69%
Market index past year return 9.74%
Past year return net charges and tax 6.98%
Past year return net of charges gross of tax 7.95%
Market index return since fund started 6.29%
Return since fund started net %
Total annual fund fees 0.55%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Administration charges 0.05%
Total other charges 54.0
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 5.68% 6.98%
2018 5.63% 4.79%
2017 6.10% 5.29%
2016 4.01% 3.44%
2015 11.09% 12.7%
2014 7.28% 5.85%
2013 10.75% 7.91%
2012 1.75% 0.63%
2011 5.30% 5.7%
2010 16.19% 19.44%

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:

  • AMP Hedged Global Fixed Interest Fund - Aif Pq
    New Zealand International Fixed Interest NA
    19.34%
  • AMP Global Index Shares - Nwin
    New Zealand International Equities NA
    18.2%
  • AMP Australasian Property Fund - Aifp
    New Zealand Listed Property NA
    10.58%
  • AMP NZ Shares Index Fund - Aif Pe
    New Zealand Australasian Equities NA
    10.47%
  • AMP Hedged Global Index Shares - Aif Hpi
    New Zealand International Equities NA
    9.71%
  • ANZ High Grade Bond Fund
    New Zealand New Zealand Fixed Interest NA
    9.64%
  • ANZ Sovereign Bond Fund
    New Zealand New Zealand Fixed Interest NA
    9.58%
  • ANZ Wholesale Cash Fund
    New Zealand Cash and Cash Equivalents NA
    9.42%
  • AMP SRI Global - Aifr
    New Zealand International Equities NA
    3.06%

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 10.0% 9.42%
New Zealand Fixed Interest 20.0% 19.21%
International Fixed Interest 20.0% 19.34%
Australasian Equities 10.0% 10.47%
International Equities 30.0% 30.98%
Listed Properties 10.0% 10.58%
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

  • Basil Morrison

    Currently: LGST Chairman (7 years, 10 months)
    Previously: (None years, None months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (0 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (0 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (6 years, 1 months)
    Previously: (None years, None months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (2 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 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:
    0.41%
  • Animal Testing:
    2.48%
  • Fossil Fuels:
    1.86%
  • Gambling:
    0.32%
  • GMOs:
    0.33%
  • Human Rights & Environmental Violations:
    1.05%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.11%
  • Weapons:
    0.08%

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

Shell International Finance Bv - 24/03/2021 0.02%
Bp Capital Markets America Inc - 19/09/2022 0.02%
Exxon Mobil Corp - 01/03/2021 0.02%
Petroleos Mexicanos - 13/03/2027 0.01%
Equinor Asa - 10/09/2025 0.01%
Glencore Funding Llc - 27/10/2022 0.01%
Eni Spa - 17/01/2027 0.01%
Total Capital International Sa - 19/11/2021 0.01%
Kinder Morgan Energy Partners - 01/03/2043 0.01%
Cnooc Nexen Finance 2014 Ulc - 30/04/2024 0.01%
Abu Dhabi National Energy Co P - 22/06/2026 0.01%
Exxon Mobil Corp 0.12%
Chevron Corp 0.02%
Bp Plc 0.05%
Royal Dutch Shell Plc-A Shs 0.05%
Total Sa 0.02%
Royal Dutch Shell Plc-B Shs 0.04%
Nextera Energy Inc 0.05%
Enbridge Inc 0.03%
BHP Group Ltd 0.03%
Conocophillips 0.03%
Dominion Energy Inc 0.03%
Suncor Energy Inc 0.02%
BHP Group Plc 0.02%
Phillips 66 0.02%
Eog Resources Inc 0.02%
Marathon Petroleum Corp 0.02%
Occidental Petroleum Corp 0.02%
Kinder Morgan Inc/De 0.02%
Gazprom Pjsc 0.01%
Valero Energy Corp 0.01%
Eni Spa 0.02%
Lukoil Pjsc 0.01%
Canadian Natural Resources Ltd 0.01%
Glencore Plc 0.01%
Cnooc Ltd 0.01%
Engie Sa 0.01%
Petrobras - Petroleo Bras-Pr 0.01%
Oneok Inc 0.01%
BHP Group Ltd-Spon Adr 0.02%
Engie 0.02%
Royal Dutch Shell Plc - London Se 0.02%
Beach Energy Ltd 0.01%
Snam Spa 0.01%

Weapons

Tobacco

Orbis Global Equity Le Fund 0.11%

Gambling

Skycity Entertainment Group Lt 0.26%

Alcohol

Anheuser-Busch Cos Llc / Anheu - 01/02/2046 0.01%
Lvmh Moet Hennessy Louis Vuitt 0.04%
Diageo Plc 0.07%
Anheuser-Busch Inbev Sa/Nv 0.03%
Pernod Ricard Sa 0.01%
Constellation Brands Inc 0.01%
Heineken Nv 0.04%

Palm Oil

GMOs

Novartis Finance Sa - 31/03/2021 0.01%
Syngenta Finance Nv - 24/04/2023 0.01%
Novartis Ag 0.07%
Basf Se 0.02%
Bayer Ag 0.02%
Dupont De Nemours Inc 0.02%
Nutrien Ltd 0.01%
Novartis Ag-Reg 0.09%
Novartis Ag-Sponsored Adr 0.03%

Human Rights & Environmental Violations

Shell International Finance Bv - 24/03/2021 0.02%
Glencore Funding Llc - 27/10/2022 0.01%
Johnson & Johnson 0.07%
Nestle Sa 0.13%
Chevron Corp 0.02%
Royal Dutch Shell Plc-A Shs 0.05%
Royal Dutch Shell Plc-B Shs 0.04%
BHP Group Ltd 0.03%
Duke Energy Corp 0.03%
BHP Group Plc 0.02%
Sempra Energy 0.01%
Vale Sa 0.01%
Glencore Plc 0.01%
Nutrien Ltd 0.01%
Nestle Sa-Reg 0.10%
BHP Group Ltd-Spon Adr 0.02%
Nestle Sa-Spons Adr 0.02%
Royal Dutch Shell Plc - London Se 0.02%

Animal Testing

Shell International Finance Bv - 24/03/2021 0.018%
Pepsico Inc - 15/10/2027 0.016%
Argentum Netherlands Bv For Sw - 15/08/2052 0.012%
Bayer US Finance Ii Llc - 25/06/2038 0.012%
Newell Brands Inc - 01/04/2026 0.012%
Syngenta Finance Nv - 24/04/2023 0.012%
Johnson & Johnson 0.069%
Nestle Sa 0.127%
Procter & Gamble Co/The 0.122%
Chevron Corp 0.016%
Coca-Cola Co/The 0.021%
Pepsico Inc 0.075%
Royal Dutch Shell Plc-A Shs 0.049%
Royal Dutch Shell Plc-B Shs 0.042%
Lvmh Moet Hennessy Louis Vuitt 0.042%
Glaxosmithkline Plc 0.018%
Unilever Nv 0.105%
L'Oreal Sa 0.065%
Basf Se 0.025%
Unilever Plc 0.025%
Bayer Ag 0.024%
Air Liquide Sa 0.056%
Colgate-Palmolive Co 0.022%
Reckitt Benckiser Group Plc 0.012%
Ecolab Inc 0.020%
Danone Sa 0.020%
Air Products & Chemicals Inc 0.018%
Kimberly-Clark Corp 0.018%
Estee Lauder Cos Inc/The 0.024%
Walgreens Boots Alliance Inc 0.015%
Shiseido Co Ltd 0.013%
General Mills Inc 0.011%
Tesco Plc 0.011%
Ppg Industries Inc 0.011%
Nestle Sa-Reg 0.097%
Unilever N V -Ny Shares 0.023%
Nestle Sa-Spons Adr 0.019%
Royal Dutch Shell Plc - London Se 0.019%

Download the fund's disclosure statement and portfolio holdings.

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