QuayStreet KiwiSaver Scheme
QuayStreet International Equity Fund

In their own words: "An exposure to international equity markets diversifying investors away from New Zealand dollar exposures targeting a return above the performance of international share markets."

At a glance:

Not Mindful
Type: Aggressive fund
Past Returns: *6.61%

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

Annual Fees: 1.28%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND828
Name QuayStreet International Equity Fund
Risk profile Aggressive fund
Description An exposure to international equity markets diversifying investors away from New Zealand dollar exposures targeting a return above the performance of international share markets.
Value $11M NZD
Members 506
Market index description Market Index is the MSCI World Index (NZD)
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Mon Nov. 16th 2009
Three-year average return *6.61%
Market index past year return 7.66%
Past year return net charges and tax 4.82%
Past year return net of charges gross of tax 5.95%
Market index return since fund started 10.06%
Return since fund started net 7.12%
Total annual fund fees 1.28%
Total performance based fees 0.0%
Manager's basic fee 1.16%
Administration charges 0.12%
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 10.11% 6.31%
2018 6.68% 6.91%
2017 11.18% 9.59%
2016 4.51% 2.9%
2015 15.30% 13.37%
2014 10.31% 4.29%
2013 13.23% 14.53%
2012 -5.15% -5.92%
2011 7.61% 5.12%

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:

  • Ishares Core S&P 500 ETF
    United States International Equities
    45.81%
  • Msci Eafe Incl Canada Trs
    United States International Equities
    31.96%
  • Cash ANZ (NZD)
    New Zealand Cash and Equivalents
    17.75%
  • ANZNZ Term Deposit 3.14% 24/10/2019
    New Zealand Cash and Equivalents
    7.08%
  • Asbnz Term Deposit 2.37% 24/10/2019
    New Zealand Cash and Equivalents
    6.92%
  • Cash Citibank (USD)
    United States Cash and Equivalents
    6.08%
  • Spdr Gold Shares Fund
    United States International Equities
    2.66%
  • Ishares Msci India ETF
    United States International Equities
    2.48%
  • Cash Citi Margin (USD)
    United States Cash and Equivalents
    2.11%
  • Usdnzd Forward (Db)
    New Zealand Cash and Equivalents
    0.71%

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 80.0% 9.3%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 50.0% 0.0%
International Equities 100.0% 90.4%
Listed Properties 50.0% 0.3%
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

  • 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:
    0.26%
  • Animal Testing:
    3.77%
  • Fossil Fuels:
    2.59%
  • Gambling:
    0.08%
  • GMOs:
    0.47%
  • Human Rights & Environmental Violations:
    1.72%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.39%
  • Weapons:
    1.44%

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

Exxon Mobil Corp 0.51%
Chevron Corp 0.41%
Nextera Energy Inc 0.20%
Dominion Energy Inc 0.12%
Conocophillips 0.11%
Phillips 0.10%
Marathon Petroleum Corp 0.08%
Eog Resources Inc 0.07%
Valero Energy Corp 0.07%
Kinder Morgan Inc 0.07%
Occidental Petroleum Corp 0.06%
Oneok Inc 0.05%
Williams Inc 0.05%
Lyondellbasell Industries Nv Class 0.05%
Pioneer Natural Resource 0.04%
Hess Corp 0.03%
Concho Resources Inc 0.03%
Diamondback Energy Inc 0.02%
Noble Energy Inc 0.02%
Marathon Oil Corp 0.02%
Devon Energy Corp 0.01%
Apache Corp 0.01%
Hollyfrontier Corp 0.01%
Cabot Oil & Gas Corp 0.01%
Reliance Industries Ltd 0.29%
Bharat Petroleum Ltd 0.02%
Vedanta Ltd 0.02%
Indian Oil Corp Ltd 0.02%
Coal India Ltd 0.02%
Gail India Ltd 0.01%
Hindustan Petroleum Corp Ltd 0.01%
Petronet Lng Ltd 0.01%

Weapons

Boeing 0.35%
Honeywell International Inc 0.23%
United Technologies Corp 0.21%
Lockheed Martin Corp 0.17%
Raytheon 0.11%
Northrop Grumman Corp 0.10%
General Dynamics Corp 0.08%
Transdigm Group Inc 0.05%
Jacobs Engineering Group Inc 0.02%
Leidos Holdings Inc 0.02%
Textron Inc 0.02%
Huntington Ingalls Industries Inc 0.02%
Larsen and Toubro Ltd 0.05%

Tobacco

Philip Morris International Inc 0.23%
Altria Group Inc 0.16%

Gambling

Las Vegas Sands Corp 0.04%
Mgm Resorts International 0.03%
Wynn Resorts Ltd 0.02%

Alcohol

Altria Group Inc 0.15%
Constellation Brands Inc Class A 0.05%
Brown Forman Corp Class B 0.02%
Molson Coors Brewing Class B 0.02%
United Spirits Ltd 0.01%

GMOs

Nutrien Ltd 0.38%
Dupont De Nemours Inc 0.09%

Human Rights & Environmental Violations

Nutrien Ltd 0.38%
Johnson & Johnson 0.61%
Chevron Corp 0.41%
Duke Energy Corp 0.11%
Sempra Energy 0.07%
Archer Daniels Midland 0.04%
Freeport Mcmoran Inc 0.03%
Nestle India Ltd 0.02%
Vedanta Ltd 0.02%
Adani Ports and Special Economic Z 0.02%

Animal Testing

Johnson & Johnson 0.613%
Procter & Gamble 0.535%
Chevron Corp 0.412%
Coca-Cola 0.362%
Pepsico Inc 0.330%
Philip Morris International Inc 0.229%
Honeywell International Inc 0.229%
Altria Group Inc 0.156%
Colgate-Palmolive 0.101%
Air Products and Chemicals Inc 0.092%
Ecolab Inc 0.087%
Kimberly Clark Corp 0.082%
Estee Lauder Inc Class A 0.073%
General Mills Inc 0.055%
Ppg Industries Inc 0.055%
Archer Daniels Midland 0.041%
Kraft Heinz 0.032%
Clorox 0.032%
Church and Dwight Inc 0.027%
International Flavors & Fragrances 0.027%
Fmc Corp 0.023%
Newell Brands Inc 0.014%
Cabot Oil & Gas Corp 0.014%
Albemarle Corp 0.014%
Hindustan Unilever Ltd 0.096%
Nestle India Ltd 0.024%

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.