Supereasy Conservative Fund

In their own words: "The Conservative Fund target asset allocations are 20% in growth assets and 80% in income assets. Its objective is to reduce the likelihood of negative returns over the short term with higher proportions of investment in defensive assets, such as cash and bonds, while still providing an opportunity for positive real returns over the longer term by investing a smaller proportion of the Fund in growth assets such as equities and property."

At a glance:

Not Mindful
Type: Conservative fund
Past Returns: *3.94%

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

Annual Fees: 0.53%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND202
Name Supereasy Conservative Fund
Risk profile Conservative fund
Description The Conservative Fund target asset allocations are 20% in growth assets and 80% in income assets. Its objective is to reduce the likelihood of negative returns over the short term with higher proportions of investment in defensive assets, such as cash and bonds, while still providing an opportunity for positive real returns over the longer term by investing a smaller proportion of the Fund in growth assets such as equities and property.
Value $6.5M NZD
Members 221
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 Tue April 1st 2008
Three-year average return *3.94%
Market index past year return 6.98%
Past year return net charges and tax 4.73%
Past year return net of charges gross of tax 5.76%
Market index return since fund started 5.94%
Return since fund started net %
Total annual fund fees 0.53%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Administration charges 0.03%
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 4.40% 4.73%
2018 3.80% 3.15%
2017 4.16% 2.73%
2016 3.52% 3.42%
2015 8.10% 7.62%
2014 3.88% 2.66%
2013 6.92% 5.03%
2012 3.16% 2.28%
2011 5.06% 4.11%
2010 10.26% 9.22%

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:

  • ANZ Wholesale Cash Fund
    New Zealand Cash and Cash Equivalents NA
    29.08%
  • ANZ High Grade Bond Fund
    New Zealand New Zealand Fixed Interest NA
    17.34%
  • ANZ Sovereign Bond Fund
    New Zealand New Zealand Fixed Interest NA
    17.28%
  • AMP Hedged Global Fixed Interest Fund - Aif Pq
    New Zealand International Fixed Interest NA
    14.88%
  • AMP Global Index Shares - Nwin
    New Zealand International Equities NA
    6.23%
  • AMP Australasian Property Fund - Aifp
    New Zealand Listed Property NA
    5.44%
  • AMP NZ Shares Index Fund - Aif Pe
    New Zealand Australasian Equities NA
    5.4%
  • AMP Hedged Global Index Shares - Aif Hpi
    New Zealand International Equities NA
    3.31%
  • AMP SRI Global - Aifr
    New Zealand International Equities NA
    1.05%

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 30.0% 29.08%
New Zealand Fixed Interest 35.0% 34.62%
International Fixed Interest 15.0% 14.88%
Australasian Equities 5.0% 5.4%
International Equities 10.0% 10.58%
Listed Properties 5.0% 5.44%
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:
    0.17%
  • Animal Testing:
    0.94%
  • Fossil Fuels:
    0.79%
  • Gambling:
    0.15%
  • GMOs:
    0.13%
  • Human Rights & Environmental Violations:
    0.40%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.04%
  • Weapons:
    0.03%

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 0.01%
Bp Capital Markets America Inc - 19/09/2022 0.01%
Exxon Mobil Corp - 01/03/2021 0.01%
Petroleos Mexicanos - 13/03/2027 0.01%
Equinor Asa - 10/09/2025 0.01%
Glencore Funding Llc - 27/10/2022 0.01%
Exxon Mobil Corp 0.04%
Chevron Corp 0.03%
Bp Plc 0.02%
Royal Dutch Shell Plc-A Shs 0.02%
Total Sa 0.02%
Royal Dutch Shell Plc-B Shs 0.01%
Nextera Energy Inc 0.02%

Weapons

Tobacco

Orbis Global Equity Le Fund 0.04%

Gambling

Skycity Entertainment Group Lt 0.13%

Alcohol

Lvmh Moet Hennessy Louis Vuitt 0.01%
Diageo Plc 0.02%
Heineken Nv 0.01%

Palm Oil

GMOs

Novartis Ag 0.03%
Novartis Ag-Reg 0.03%

Human Rights & Environmental Violations

Shell International Finance Bv - 24/03/2021 0.01%
Glencore Funding Llc - 27/10/2022 0.01%
Johnson & Johnson 0.02%
Nestle Sa 0.04%
Chevron Corp 0.03%
Royal Dutch Shell Plc-A Shs 0.02%
Royal Dutch Shell Plc-B Shs 0.01%
Nestle Sa-Reg 0.03%

Animal Testing

Shell International Finance Bv - 24/03/2021 0.013%
Pepsico Inc - 15/10/2027 0.012%
Johnson & Johnson 0.024%
Nestle Sa 0.044%
Procter & Gamble Co/The 0.042%
Chevron Corp 0.030%
Coca-Cola Co/The 0.029%
Pepsico Inc 0.026%
Royal Dutch Shell Plc-A Shs 0.017%
Royal Dutch Shell Plc-B Shs 0.014%
Lvmh Moet Hennessy Louis Vuitt 0.014%
Glaxosmithkline Plc 0.014%
Unilever Nv 0.036%
Nestle Sa-Reg 0.033%
L'Oreal Sa 0.022%
Air Liquide Sa 0.019%

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.