Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including any membership and % management fee.
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.
Fossil Fuel
Enbridge Inc 180222 Frn 0.08%
Energy Transfer Partners Lp 150325 4.05 Cb 0.08%
Gambling
Las Vegas Sands Corp 250625 2.90 Cb 0.11%
Sands China Ltd 080825 5.125 Cb 0.02%
Sands China Ltd 080828 5.4 Cb 0.05%
Alcohol
Anheuser Busch Inbev Nv 070325 1.75 Cb 0.11%
Pernod Ricard SA 070421 5.75 Cb 0.03%
Pernod Ricard SA 150122 4.45 Cb 0.09%
Palm Oil
GMOs
Dupont De Nemours Inc. 0.01%
Syngenta Finance AG 230421 3.933 Cb 0.12%
Human Rights & Environmental Violations
Johnson & Johnson 0.04%
Animal Testing
Bayer US Finance Ii Llc 151225 4.25 Cb 0.040%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.050%
Bayer US Finance Ii Llc 250621 3.50 Cb 0.020%
Bayer US Finance Ii Llc250621 Frn 0.020%
Clorox Company 0.010%
Colgate-Palmolive Co. 0.030%
Danone SA 0.020%
Danone SA 021121 2.077 Cb 0.100%
Estee Lauder Companies - Class A 0.020%
General Mills Inc. 0.020%
Givaudan 0.020%
Johnson & Johnson 0.040%
Kao Corporation 0.020%
Kimberly-Clark Corporation 0.030%
Koninklijke Dsm Nv 0.010%
L'Oreal SA 0.040%
Pepsico Inc. 0.100%
PPG Industries Inc. 0.010%
Procter & Gamble Co. 0.160%
Reckitt Benckiser Group PLC 0.030%
Reckitt Benckiser Treasury Services PLC 240622 Frn 0.040%
Shiseido Co. Ltd. 0.010%
Syngenta Finance AG 230421 3.933 Cb 0.120%
Tesco Property Finance PLC 130440 5.744 Sf 0.080%
Unilever Nv 0.040%
Unilever PLC 0.030%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 2020 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.
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.
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 |
---|---|---|
2020 | 1.07% | 0.84% |
2019 | 4.40% | 3.27% |
2018 | 3.80% | 3.62% |
2017 | 4.16% | 4.6% |
2016 | 3.52% | 1.81% |
2015 | 8.10% | 9.03% |
2014 | 3.88% | 3.68% |
2013 | 6.92% | 7.22% |
2012 | 3.16% | 2.11% |
2011 | 5.06% | 5.34% |
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 Tue March 31st 2020.
Showing the top 10 investments for this fund:
-
Hunter Global Fixed Interest Fund
New Zealand Int Fixed Interest44.6% -
Jbwere Premium Custody Call Account - NZD
New Zealand Cash and Equivalents14.92% -
NZ Govt. Inflation Indexed Bond 20/09/2030
New Zealand NZ Fixed Interest AA+8.2% -
Bank Of China Term Deposit
New Zealand Cash and Equivalents A-12.6% -
Vector Bond 14/03/2024
New Zealand NZ Fixed Interest BBB2.04% -
Insurance Australia Group Subordinated Bond 15/06/2043
New Zealand NZ Fixed Interest BBB1.84% -
Bank Of China Bond 17/10/2022
New Zealand NZ Fixed Interest A1.75% -
BNZ Term Deposit
New Zealand Cash and Equivalents1.73% -
Chorus Bond 6/12/2028
New Zealand NZ Fixed Interest BBB1.66% -
Quayside Holding Perpetual Security
New Zealand NZ Fixed Interest1.16%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue March 31st 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 10.0% | 20.36% |
New Zealand Fixed Interest | 25.0% | 19.19% |
International Fixed Interest | 45.0% | 44.53% |
Australasian Equities | 6.0% | 4.75% |
International Equities | 14.0% | 11.18% |
Listed Properties | 0.0% | 0.0% |
Unlisted Properties | 0.0% | 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 Tue March 31st 2020.
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.23%
-
Animal Testing:1.20%
-
Fossil Fuels:0.18%
-
Gambling:0.18%
-
GMOs:0.14%
-
Human Rights & Environmental Violations:0.05%
-
Palm Oil:0.01%
-
Tobacco:0.00%
-
Weapons:0.00%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 2020 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.
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.
In their own words
"The Conservative Fund invests around 80% in income assets and around 20% in growth assets. The fund aims to preserve capital while providing a steady return over the short to medium term. Suitable for investors with a strong emphasis on the security of their savings and who wish to have a high degree of stability in their return."
Value | $59M NZD |
Period of data report | Tue March 31st 2020 |
Members | 2,171 |
Fund started | Mon Oct. 1st 2007 |
Total annual fund fees | 1.19% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.0% |
Administration charges | 0.19% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Bruce Robertson |
Currently: Portfolio Manager JBWere (23 years, 0 months) |
Tom Phillips |
Currently: Portfolio Manager JBWere (15 years, 7 months) |
Earl White |
Currently: Executive Advisor Bancorp Treasury (17 years, 2 months) |
Phil Borkin |
Currently: Senior Strategist JBWere (1 years, 3 months) |
Hayden Griffiths |
Currently: Asset Allocation JBWere (23 years, 11 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue March 31st 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.