The fund is invested principally in term deposits with New Zealand-registered banks but also has a small exposure to a loan made on arm’s length terms to an organisation within the Brethren Christian Fellowship. The investments includes a loan for property and the investment in a fixed income investment product was closed. Further diversification could happen once the fund reaches a critical size (as determined by the Trustee). The current investment objective for the fund is to achieve a real return (before investment costs and tax) which exceeds the return of the S&P/NZX 90 Day Bank Bill Index over rolling one-year periods.
| Value | $15.8M NZD |
| Period of data report | 31st March 2024 |
| Members | 696 |
| Fund started | 1st April 2011 |
| Total annual fund fees | 0.64% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.64% |
| Other management and administration charges | 0.0% |
| Total other charges | 52.0 |
| Total other charges currency | NZD |
|
Maurice Allen Hall |
Currently: Director of Arotahi Trust Limited (11 years, 0 months)
|
|
John Mckay Mason |
Currently: Director of Arotahi Trust Limited (11 years, 0 months)
|
|
Jeffrey Paul Prestidge |
Currently: Director of Arotahi Trust Limited (4 years, 2 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 3.40% | 3.5% |
| 2023 | -0.13% | 1.8% |
| 2022 | -1.68% | 0.7% |
| 2021 | 1.56% | 1.2% |
| 2020 | 1.64% | 1.7% |
| 2019 | 2.37% | 2.1% |
| 2018 | 2.05% | 1.3% |
| 2017 | 1.53% | 1.4% |
| 2016 | 2.72% | 2.1% |
| 2015 | 4.23% | 2.5% |
The market average is the average 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 31st March 2024.
Tsb Term Deposit
New Zealand Cash and Equivalents
Kiwibank Term Deposit
New Zealand Cash and Equivalents AA
East Street Property
New Zealand NZ Fixed Interest
ASB Term Deposit
New Zealand Cash and Equivalents
BNZ Term Deposit
New Zealand Cash and Equivalents
Westpac Term Deposit
New Zealand Cash and Equivalents AA-
ANZ Current Account
New Zealand Cash and Equivalents
ASB Operating Account
New Zealand Cash and Equivalents
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 70.0% | 84.35% |
| New Zealand Fixed Interest | 30.0% | 15.65% |
| 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% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
KiwiSaver
fund has
filed with the Disclose register to 31st March 2024 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, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
The fund is invested principally in term deposits with New Zealand-registered banks but also has a small exposure to a loan made on arm’s length terms to an organisation within the Brethren Christian Fellowship. The investments includes a loan for property and the investment in a fixed income investment product was closed. Further diversification could happen once the fund reaches a critical size (as determined by the Trustee). The current investment objective for the fund is to achieve a real return (before investment costs and tax) which exceeds the return of the S&P/NZX 90 Day Bank Bill Index over rolling one-year periods.
| Value | $15.8M NZD |
| Period of data report | 31st March 2024 |
| Members | 696 |
| Fund started | 1st April 2011 |
| Total annual fund fees | 0.64% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.64% |
| Other management and administration charges | 0.0% |
| Total other charges | 52.0 |
| Total other charges currency | NZD |
|
Maurice Allen Hall |
Currently: Director of Arotahi Trust Limited (11 years, 0 months)
|
|
John Mckay Mason |
Currently: Director of Arotahi Trust Limited (11 years, 0 months)
|
|
Jeffrey Paul Prestidge |
Currently: Director of Arotahi Trust Limited (4 years, 2 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 3.40% | 3.5% |
| 2023 | -0.13% | 1.8% |
| 2022 | -1.68% | 0.7% |
| 2021 | 1.56% | 1.2% |
| 2020 | 1.64% | 1.7% |
| 2019 | 2.37% | 2.1% |
| 2018 | 2.05% | 1.3% |
| 2017 | 1.53% | 1.4% |
| 2016 | 2.72% | 2.1% |
| 2015 | 4.23% | 2.5% |
The market average is the average 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 31st March 2024.
Tsb Term Deposit
New Zealand Cash and Equivalents
Kiwibank Term Deposit
New Zealand Cash and Equivalents AA
East Street Property
New Zealand NZ Fixed Interest
ASB Term Deposit
New Zealand Cash and Equivalents
BNZ Term Deposit
New Zealand Cash and Equivalents
Westpac Term Deposit
New Zealand Cash and Equivalents AA-
ANZ Current Account
New Zealand Cash and Equivalents
ASB Operating Account
New Zealand Cash and Equivalents
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 70.0% | 84.35% |
| New Zealand Fixed Interest | 30.0% | 15.65% |
| 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% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.
