QuayStreet KiwiSaver Scheme
QuayStreet Socially Responsible Investment Fund

In their own words: "A diversified portfolio with a balance between income and growth assets where investments are selected based on our environmental sustainability and socially responsible criteria targeting a return above the Fund’s benchmark."

At a glance:

Mindful Fund
Type: Balanced fund
Past Returns: *4.13%

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

Annual Fees: 1.07%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND824
Name QuayStreet Socially Responsible Investment Fund
Risk profile Balanced fund
Description A diversified portfolio with a balance between income and growth assets where investments are selected based on our environmental sustainability and socially responsible criteria targeting a return above the Fund’s benchmark.
Value $9.8M NZD
Members 413
Market index description Market Index weighted 40% MSCI World Index (NZD), 10% S&P/NZX 50 Index, 10% S&P/ASX 200 Index, 30% S&P/NZX Investment Grade Corporate Bond Index and 10% NZX 90 day Bank Bill Index.
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Mon Nov. 12th 2007
Three-year average return *4.13%
Market index past year return 8.75%
Past year return net charges and tax 4.1%
Past year return net of charges gross of tax 5.18%
Market index return since fund started 8.57%
Return since fund started net 5.13%
Total annual fund fees 1.07%
Total performance based fees 0.0%
Manager's basic fee 0.89%
Administration charges 0.18%
Total other charges 40.04
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% 3.76%
2018 5.63% 4.51%
2017 6.10% 5.23%
2016 4.01% 1.65%
2015 11.09% 10.5%
2014 7.28% 5.23%
2013 10.75% 11.94%
2012 1.75% -3.04%
2011 5.30% 3.9%
2010 16.19% 8.91%

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 ANZ (NZD)
    New Zealand Cash and Equivalents
    15.98%
  • Msci World Esg Leaders Trs
    United States International Equities
    15.16%
  • Vanguard Esg US Stock ETF
    United States International Equities
    7.33%
  • Ishares Msci Kld 400 Social
    United States International Equities
    4.96%
  • Asbnz Term Deposit 2.40% 14/08/2020
    New Zealand Cash and Equivalents
    4.83%
  • Bank Of China Term Deposit 3.29% 27/07/2020
    New Zealand Cash and Equivalents
    4.62%
  • Cash Citibank (AUD)
    Australia Cash and Equivalents
    3.71%
  • ANZNZ Term Deposit 2.84% 27/11/2019
    New Zealand Cash and Equivalents
    3.39%
  • Contact Energy Green Bond (Aug 2024)
    New Zealand NZ Fixed Interest
    2.34%
  • Ishares Msci Europe SRI ETF
    Germany International Equities
    1.93%

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 60.0% 22.12%
New Zealand Fixed Interest 60.0% 18.0%
International Fixed Interest 60.0% 5.63%
Australasian Equities 100.0% 15.87%
International Equities 100.0% 37.93%
Listed Properties 40.0% 0.45%
Unlisted Properties 40.0% 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

  • Andrew South

    Currently: Investment Manager Australasian Equities (5 years, 3 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • James Ring

    Currently: Investment Manager International Equities (5 years, 3 months)
    Previously: Investment Manager, Rank Group Limited (1 years, 0 months)

  • Roy Cross

    Currently: Senior Analyst (5 years, 3 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (5 years, 3 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 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:
    0.91%
  • Fossil Fuels:
    0.38%
  • Gambling:
    0.00%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    0.01%
  • Palm Oil:
    0.00%
  • 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

Phillips 66 0.02%
Marathon Petroleum Corporation 0.01%
Valero Energy Corporation 0.01%
Total Sa 0.09%
Repsol Sa 0.02%
Equinor 0.01%
Neste 0.01%
Total Eur2.5 0.07%
Repsol Sa Eur1 0.02%
Anglo American Usd0.54945 0.02%

Weapons

GMOs

Dupont De Nemours, Inc. 0.02%

Human Rights & Environmental Violations

Animal Testing

Procter & Gamble Company 0.091%
Coca-Cola Company 0.062%
Pepsico, Inc. 0.057%
Colgate-Palmolive Company 0.017%
Ecolab Inc. 0.014%
Air Products and Chemicals, Inc. 0.014%
Kimberly-Clark Corporation 0.013%
Walgreens Boots Alliance Inc 0.012%
Estee Lauder Companies Inc. Class A 0.012%
Unilever Plc 0.048%
Danone Sa 0.037%
Givaudan Sa 0.019%
Koninkilijke Dsm Nv 0.017%
Akzo Nobel Nv 0.016%
Henkel & Kgaa Pref Ag 0.014%
L'Oreal Eur0.20 0.072%
Danone Eur0.25 0.055%
Koninklijke Dsm Nv Eur1.5 0.023%
Akzo Nobel Nv Eur0.50(Post Rev Split) 0.023%
Henkel Ag&Co. Kgaa Non-Vtg Prf Npv 0.020%
Coca-Cola European Ord Eur0.01 0.014%
Beiersdorf Ag Npv 0.013%
Henkel Ag & Co Kgaa 0.011%
Glaxosmithkline Ord Gbp0.25 0.052%
Unilever Plc Ord Gbp0.031111 0.045%

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.