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 2023 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 Cash Fund invests in a range of cash and cash equivalent investments. The Fund aims to achieve stable returns over the short term. It is suitable for investors who require an investment with very low volatility.

Value $16M NZD
Period of data report 30th June 2023
Members 435
Fund started 22nd Dec. 2008
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Bruce Robertson

Currently: Portfolio manager, JBWere (26 years, 3 months)
Previously: Partner, Goldman Sachs JBWere (7 years, 1 months)

Tom Phillips

Currently: Portfolio manager, JBWere (18 years, 10 months)
Previously: Corporate lawyer, Bell Gully (7 years, 8 months)

Earl White

Currently: Executive Advisor, Bancorp Treasury (20 years, 5 months)
Previously: Treasurer, BNP Paribas (8 years, 7 months)

Phil Borkin

Currently: Senior Strategist, JBWere (4 years, 6 months)
Previously: Senior Macro Strategist, ANZ (4 years, 0 months)

Hayden Griffiths

Currently: Head of Asset allocation, JBWere (27 years, 2 months)
Previously: Analyst, BZW (2 years, 5 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2023.

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
2023 -0.13% 1.96%
2022 -1.68% 0.54%
2021 1.56% 0.6%
2020 1.64% 1.28%
2019 2.37% 1.64%
2018 2.05% 1.73%
2017 1.53% 1.79%
2016 2.72% 2.54%
2015 4.23% 2.77%
2014 2.00% 2.56%

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 30th June 2023.

Top 10 Investments

  • Jbwere Premium Custody Call Account - NZD
    New Zealand Cash and Equivalents
    14.41%
  • Cash At Bank
    New Zealand Cash and Equivalents
    10.83%
  • Westpac On Term @ 4.26% 13/07/2022 13/07/2023
    New Zealand Cash and Equivalents A-1+
    10.15%
  • Westpac On Term @ 4.450% 25/10/2023
    New Zealand Cash and Equivalents A-1+
    6.74%
  • China Construction Bank On Term @ 6.000% 10/05/2023 09/05/2024
    New Zealand Cash and Equivalents A-1
    6.55%
  • Raboplus On Term @ 5.750% 15/12/2023
    New Zealand Cash and Equivalents A-1
    5.03%
  • Westpact On Term @ 5.940% 28/02/2023 28/02/2024
    New Zealand Cash and Equivalents A-1+
    4.97%
  • BNZ On Term @ 6.090% 18/04/2023 17/04/2024
    New Zealand Cash and Equivalents A-1+
    4.93%
  • BNZ On Term @ 6.200% 10/06/2023 09/05/2024
    New Zealand Cash and Equivalents A-1+
    4.92%
  • BNZ On Term @ 6.350% 29/06/2023 01/07/2024
    New Zealand Cash and Equivalents A-1+
    4.87%
Type Target Actual
Cash and Cash Equivalents 100.0% 100.0%
New Zealand Fixed Interest 0.0% 0.0%
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 30th June 2023.