Simplicity KiwiSaver Scheme
Simplicity Conservative Fund

In their own words: "The Conservative Fund provides investors with a limited exposure to growth assets, but most of its investments are in income assets."

At a glance:

Mindful Fund
Type: Conservative fund
Past Returns: *4.45%

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

Annual Fees: 0.31%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND695
Name Simplicity Conservative Fund
Risk profile Conservative fund
Description The Conservative Fund provides investors with a limited exposure to growth assets, but most of its investments are in income assets.
Value $66M NZD
Members 1,614
Market index description A composite index, calculated using the return of each asset class index the fund invests in, weighted by the fund's benchmark asset allocation. See the Statement of Investment Policy and Objectives (SIPO) for details of the fund's benchmark asset allocation and the asset class indices.
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Thu Sept. 1st 2016
Three-year average return *4.45%
Market index past year return 9.91%
Past year return net charges and tax 6.83%
Past year return net of charges gross of tax 9.22%
Market index return since fund started 5.98%
Return since fund started net 4.90%
Total annual fund fees 0.31%
Total performance based fees 0.0%
Manager's basic fee 0.3%
Administration charges 0.01%
Total other charges 30.0
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% 5.33%
2018 3.80% 3.56%

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:

  • Vanguard Ethically Conscious Global Index Bond Fund
    Australia Int Fixed Interest N/A
    37.96%
  • Vanguard Ethically Conscious Int Shares Index Fund NZD Hedged
    Australia International Equities N/A
    7.77%
  • Cash At Bank
    New Zealand Cash and Equivalents AA+
    6.77%
  • Vanguard Ethically Conscious Int Shares Index Fund AUD
    Australia International Equities N/A
    4.35%
  • NZGB 3% 20/04/2029
    New Zealand NZ Fixed Interest AA+
    3.9%
  • NZGB 2.75% 15/04/2037
    New Zealand NZ Fixed Interest AA+
    3.87%
  • Nzlgfa 6.00% 15/05/2021
    New Zealand NZ Fixed Interest AA+
    3.79%
  • NZGB 3.5% 14/04/2033
    New Zealand NZ Fixed Interest AA+
    3.17%
  • NZGB 4.50% 15/04/2027
    New Zealand NZ Fixed Interest AA+
    3.09%
  • Nzlgfa 5.50% 15/04/2023
    New Zealand NZ Fixed Interest AA+
    2.94%

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 2.0% 5.95%
New Zealand Fixed Interest 36.0% 34.7%
International Fixed Interest 40.0% 37.96%
Australasian Equities 9.5% 9.27%
International Equities 12.5% 12.12%
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

  • Anna Tierney

    Currently: Director, Simplicity (0 years, 7 months)
    Previously: Forensic accountant & risk consultant (current position) (15 years, 0 months)

  • Joy Marslin

    Currently: Director, Simplicity (2 years, 10 months)
    Previously: Head of Private Wealth Management, Westpac NZ (3 years, 7 months)

  • Mel Hewitson

    Currently: Director, Simplicity (0 years, 7 months)
    Previously: Independent Director, Heritage Trustee Company Ltd (current position) (1 years, 6 months)

  • Reuben Halper

    Currently: Director, Simplicity (2 years, 6 months)
    Previously: Agency Lead, Google NZ (current position) (4 years, 0 months)

  • Sam Stubbs

    Currently: Managing Director, Simplicity (3 years, 6 months)
    Previously: Chief Executive Officer, TOWER Investments (5 years, 1 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:
    0.02%
  • Animal Testing:
    0.70%
  • Fossil Fuels:
    0.50%
  • Gambling:
    0.05%
  • GMOs:
    0.10%
  • Human Rights & Environmental Violations:
    0.32%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.00%
  • Weapons:
    0.01%

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

Sinopec Group Overseas Development 2016 Ltd. 0.02%
Sinopec Group Overseas Development 2014 Ltd. 0.01%
BHP Group Ltd. 0.14%
Woodside Petroleum Ltd. 0.04%
Santos Ltd. 0.02%
Origin Energy Ltd. 0.02%
Apa Group 0.02%
South32 Ltd. 0.02%
Oil Search Ltd. 0.01%

Weapons

Gambling

Aristocrat Leisure Ltd. 0.03%
Tabcorp Holdings Ltd. 0.01%

Alcohol

Treasury Wine Estates Ltd. 0.02%

Palm Oil

GMOs

Bayer Capital Corp. Bv 0.01%
Novartis Ag 0.02%

Human Rights & Environmental Violations

Nestle Holdings Inc. 0.01%
Johnson & Johnson 0.05%
Nestle Sa 0.04%
BHP Group Ltd. 0.14%

Animal Testing

Reckitt Benckiser Treasury Services Plc 0.019%
Nestle Holdings Inc. 0.015%
Coca-Cola Co. 0.025%
Argentum Netherlands Bv For Zurich Insurance Co. Ltd. 0.011%
Arkema Sa 0.011%
Praxair Inc. 0.011%
Danone Sa 0.011%
Koninklijke Dsm Nv 0.011%
Unilever Nv 0.010%
Bayer Capital Corp. Bv 0.011%
Air Liquide Finance Sa 0.011%
Unilever Capital Corp. 0.011%
Johnson & Johnson 0.043%
Nestle Sa 0.038%
Procter & Gamble Co. 0.038%
Pepsico Inc. 0.023%
Glaxosmithkline Plc 0.014%

Download the fund's disclosure statement and portfolio holdings.

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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.