OneAnswer New Zealand Fixed Interest Fund

In their own words: "The New Zealand Fixed Interest Fund invests mainly in New Zealand fixed interest assets. Investments may include:• fixed interest assets in New Zealand dollars, or issued by New Zealand located or incorporated entities and hedged back to New Zealand dollars, and• cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is in line with the relevant market index."

At a glance:

Not Mindful
Type: Defensive fund
Past Returns: 2.74%

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

Annual Fees: 0.59%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2177
Name OneAnswer New Zealand Fixed Interest Fund
Risk profile Defensive fund
Description The New Zealand Fixed Interest Fund invests mainly in New Zealand fixed interest assets. Investments may include:• fixed interest assets in New Zealand dollars, or issued by New Zealand located or incorporated entities and hedged back to New Zealand dollars, and• cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is in line with the relevant market index.
Value $7.8M NZD
Members 439
Market index description S&P/NZX NZ Government Bond Index
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Mon Oct. 1st 2007
Three-year average return 2.74%
Market index past year return 4.89%
Past year return net charges and tax 3.32%
Past year return net of charges gross of tax 4.62%
Market index return since fund started 5.42%
Return since fund started net 3.82%
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.55%
Administration charges 0.04%
Total other charges 24.0
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 2.26% 4.32%
2018 2.15% 3.01%
2017 1.38% 0.9%
2016 2.64% 4.58%
2015 4.66% 6.31%
2014 2.00% -1.0%
2013 3.15% 5.1%
2012 3.62% 6.3%
2011 3.17% 5.44%
2010 3.39% 5.5%

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:

  • NZ Govt Stock 15/04/25 2.75%
    New Zealand NZ Fixed Interest AA+
    8.88%
  • NZ Govt Stock 20/04/29 3%
    New Zealand NZ Fixed Interest AA+
    7.77%
  • NZ Govt Stock 4.5% 2027
    New Zealand NZ Fixed Interest AA+
    6.49%
  • NZ Govt Stock 15/04/37 2.75%
    New Zealand NZ Fixed Interest AA+
    6.31%
  • NZ Govt Stock 14/4/33 3.50%
    New Zealand NZ Fixed Interest AA+
    5.7%
  • ASB 19/8/24 1.83%
    New Zealand Cash and Equivalents AA-
    4.44%
  • NZ Govt Stock 6.0% 2021
    New Zealand NZ Fixed Interest AA+
    3.88%
  • NZ Govt Stock 15/5/31 1.50%
    New Zealand NZ Fixed Interest AA+
    3.88%
  • Kiwibank 20/09/24 2.155%
    New Zealand Cash and Equivalents A+
    3.46%
  • BNZ 16/11/23 3.648%
    New Zealand NZ Fixed Interest AA-
    3.33%

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 0.0% 0.02%
New Zealand Fixed Interest 100.0% 99.98%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
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

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (0 years, 10 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Andrew Mortimer

    Currently: Fund Manager (1 years, 4 months)
    Previously: Senior Investment Analyst (contractor), ANZ Bank New Zealand Limited (0 years, 10 months)

  • Angus Simpson

    Currently: Equity Analyst (1 years, 9 months)
    Previously: Equity Analyst, UBS New Zealand (2 years, 11 months)

  • Craig Brown

    Currently: Portfolio Manager, Australasian Equities (5 years, 5 months)
    Previously: Senior Investment Analyst, ANZ Bank New Zealand Limited (6 years, 6 months)

  • Craig Tyson

    Currently: Head of Australasian Listed Property Securities (1 years, 10 months)
    Previously: Investment Manager, ANZ Bank New Zealand Limited (12 years, 1 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (5 years, 10 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (0 years, 10 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Mathew Young

    Currently: Head of Investment Implementation and FX Strategy (0 years, 10 months)
    Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

  • Max Lesser

    Currently: Fund Manager (1 years, 4 months)
    Previously: Senior Investment Analyst (contractor), ANZ Bank New Zealand Limited (0 years, 5 months)

  • Mia Prkusic

    Currently: Fund Manager Fixed Interest (0 years, 4 months)
    Previously: Assistant Portfolio Manager, ANZ Bank NewZealand Limited (1 years, 5 months)

  • Neal Burghardt

    Currently: Equity Analyst (0 years, 1 months)
    Previously: Associate Equity Analyst, ACC New Zealand (4 years, 4 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (1 years, 6 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Peter Jones

    Currently: Senior Manager, Investment Management (7 years, 11 months)
    Previously: Head of Fixed Interest, ANZ Bank New Zealand Limited (6 years, 0 months)

  • Ray Jack

    Currently: Credit Analyst (4 years, 4 months)
    Previously: Investment Analyst, ANZ Bank New Zealand Limited (12 years, 4 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.