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Get a Weapons Free Fund

Most Kiwis want to avoid weapons in their KiwiSaver or Investment funds. Here are weapons-free options.

Cut ties with Weapons Investment

80% of Kiwis don’t want firearms, cluster bombs, nuclear weapons or other military weapons in their KiwiSaver or other investment fund. A growing number of investors recognise the massive human suffering and environmental damage that results from weapons and choose not to invest in weapons producers.

In 2016, after a public outcry, many KiwiSaver providers excluded manufacturers of cluster bombs and landmines. In the wake of the Christchurch shootings, some have excluded firearms, such as semi-automatic weapons. But these exclusions are narrowly-drawn categories. For many investors, the issue is broader. They don’t want their KiwiSaver fund to include any companies that make profits from weapons manufacturers. 

From Mindful Money's analysis of fund investments at end September 2023, $189 million of KiwiSaver money and $185 million of retail investments was invested in companies involved in the manufacture of weapons.

Although the proportion of weapons in overall investment has fallen, many investors are unwittingly investing in companies that produce nuclear weapons, firearms or other weapons categories

What does Weapons Free mean?

Weapons free means no investments in the following: 

Nuclear Weapons – Where companies are involved in the manufacturing or sale of nuclear weapons or components or services thereof.

Controversial Weapons - Where companies are involved in the manufacturing or retail of controversial weapons (e.g., landmines and cluster munitions) or components or services thereof.

Firearms - Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.

Military Weapons - Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.

Read more about our methodology for identifying weapons companies here.

KiwiSaver & Investment Funds free from Weapons

The following is a list of the funds that have fully excluded them from their portfolio (Mindful Money measures the level of investment down to 0.01% of the portfolio).

Funds that can show they have no investment in weapons can now use our new weapons free badge. Look for the badge above to be certain of who is putting their money where their mouth is.

KiwiSaver Funds free from Weapons (based on September 2023 data)

  • AE KiwiSaver Plan
  • Booster Socially Responsible Balanced Fund
  • Booster Socially Responsible Geared Growth Fund
  • Booster Socially Responsible Growth Fund
  • Booster Socially Responsible High Growth Fund
  • Christian KiwiSaver Balanced Fund
  • Christian KiwiSaver Growth Fund
  • Fisher Funds Two Growth Fund
  • InvestNow Castle Point 5 Oceans Fund
  • InvestNow Clarity Global Shares Fund
  • InvestNow Mercer Ethical Leaders Balanced Fund
  • InvestNow Mint Diversified Growth Fund
  • InvestNow Pathfinder Ethical Growth Fund
  • Kernel KiwiSaver Global ESG (NZD Hedged) Fund
  • Kernel KiwiSaver Global ESG Fund
  • Kernel KiwiSaver S&P Global Clean Energy Fund
  • Kernel KiwiSaver S&P Kensho Moonshots Innovation Fund
  • Kiwi Wealth Default
  • Koura KiwiSaver Clean Energy Fund
  • Maritime Growth Portfolio
  • Maritime KiwiSaver Balanced Portfolio
  • Mercer Sustainable Plus Balanced Fund
  • Mercer Sustainable Plus Growth Fund
  • Nikko AM Ark Disruptive Innovation Fund
  • NZ Funds Balanced Fund
  • NZ Funds Inflation Strategy
  • OneAnswer Sustainable International Share Fund
  • Pathfinder KiwiSaver Balanced Fund
  • Pathfinder KiwiSaver Growth Fund
  • QuayStreet Altum Fund
  • QuayStreet Socially Responsible Investment Fund
  • Select KiwiSaver Growth Fund
  • Sharesies Pathfinder Ethical Growth Fund
  • Supereasy Aggressive Fund
  • Supereasy Automatic Fund (age 20)
  • Supereasy Automatic Fund (age 40)
  • Supereasy Automatic Fund (age 60)
  • Supereasy Balanced Fund
  • Supereasy Growth Fund
  • Superlife Australian Mid Cap Fund
  • Superlife Castle Point 5 Oceans Fund

Investment Funds free from Weapons (based on September 2023 data)

  • AE Investor
  • AMP Emerging Markets Fund
  • Aspiring Fund
  • BetaShares Australian Sustainability Leaders Fund
  • BetaShares Global Sustainability Leaders Fund
  • Booster Income 50 Fund
  • Booster Income 99 Fund
  • Booster Socially Responsible Balanced Fund
  • Booster Socially Responsible Growth Fund
  • Booster Socially Responsible High Growth Fund
  • Castle Point 5 Oceans Fund
  • Castle Point Ranger Fund
  • Clarity Dividend Yield Fund
  • Clarity Global Shares Fund
  • Devon Dividend Yield Fund
  • Devon Global Sustainability Fund
  • Elevation Capital Global Shares Fund
  • Fisher Funds International Growth Fund
  • Fisher Funds Premium International Fund
  • Generate Australasian Managed Fund
  • Harbour Sustainable Impact Fund
  • Hobson Wealth International Growth Fund
  • Hyperion Global Growth Companies Pie Fund
  • Kernel Global ESG (NZD Hedged) Fund
  • Kernel Global ESG Fund
  • Kernel S&P Global Clean Energy Fund
  • Kernel S&P Kensho Moonshots Innovation Fund
  • Mercer Core Global Shares Fund
  • Mercer Core Hedged Global Shares Fund
  • Mercer Ethical Leaders Balanced Fund
  • Mercer Ethical Leaders Global Shares Fund
  • Mercer Ethical Leaders Growth Fund
  • Mercer Income Generator Fund
  • Milford Australian Absolute Growth Fund
  • Milford Dynamic Fund
  • Mint Diversified Growth Fund
  • Nikko AM Ark Disruptive Innovation Fund
  • NZ Funds Global Infrastructure
  • NZ Funds Global Macro
  • NZ Funds Global Utilities
  • NZ Funds Income Generator
  • NZ Funds Wealth Builder - Inflation Strategy
  • OneAnswer SAC Equity Selection Fund
  • Pathfinder Ethical Growth Fund
  • Pathfinder Global Responsibility Fund
  • Pathfinder Global Water Fund
  • Pie Australasian Growth 2 Fund
  • Pie Global Growth Fund
  • Pie Growth UK & Europe Fund
  • QuayStreet Altum Fund
  • QuayStreet Socially Responsible Investment Fund
  • Salt Sustainable Income Fund
  • Smartshares Australian Equities ESG ETF
  • Smartshares Australian Mid Cap ETF
  • Smartshares Automation and Robotics ETF
  • Smartshares Global Bond ETF
  • Smartshares Healthcare Innovation ETF
  • Stewart Investors Worldwide Leaders Sustainability Fund
  • Superlife Australian Mid Cap Fund
  • Superlife Invest Castle Point 5 Oceans Fund
  • Tempo Diversity and Inclusion Fund
  • Tempo Healthcare Fund
  • Whai Rawa Mataī - Balanced Fund
  • Whai Rawa Rātā - Growth Fund

Want to know more?

Check out our seminar on Getting our Money out of Nuclear Weapons

You can find all our articles on weapons free investing here.