Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

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.

About this fund

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)
Previously: (None years, None months)

John Mckay Mason

Currently: Director of Arotahi Trust Limited (11 years, 0 months)
Previously: (None years, None months)

Jeffrey Paul Prestidge

Currently: Director of Arotahi Trust Limited (4 years, 2 months)
Previously: (None years, None months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.

Past Returns

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.

Top 10 Investments

  • Tsb Term Deposit
    New Zealand Cash and Equivalents
    24.65%
  • Kiwibank Term Deposit
    New Zealand Cash and Equivalents
    23.67%
  • East Street Property
    New Zealand NZ Fixed Interest
    15.65%
  • ASB Term Deposit
    New Zealand Cash and Equivalents
    15.52%
  • BNZ Term Deposit
    New Zealand Cash and Equivalents
    12.37%
  • Westpac Term Deposit
    New Zealand Cash and Equivalents
    7.24%
  • ANZ Current Account
    New Zealand Cash and Equivalents
    0.79%
  • ASB Operating Account
    New Zealand Cash and Equivalents
    0.11%
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%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.