Mindful Fund
Fund type: Balanced fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership 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
Atlantia Spa 120228 1.875 Cb 0.03%
Coca-Cola 0.16%
Enbridge Inc 180222 Frn 0.04%
Energy Transfer Partners Lp 150325 4.05 Cb 0.06%
Franco Nevada Corp 0.02%
Itochu Corp 0.03%
Weapons
Teledyne Technologies Inc 0.01%
Palm Oil
Human Rights & Environmental Violations
Energy Transfer Partners Lp 150325 4.05 Cb 0.06%
Motorola Solutions Inc 0.03%
Animal Testing
Akzo Nobel Nv 0.01%
Bayer US Finance Ii Llc 151225 4.25 Cb 0.02%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.02%
Clorox 0.02%
Coca-Cola 0.16%
Croda International PLC 0.01%
Danone SA 0.03%
Danone SA 021121 2.077 Cb 0.05%
Dupont De Nemours Inc 0.03%
Ecolab Inc 0.04%
Fujifilm Holdings Corp 0.02%
General Mills Inc 0.03%
Givaudan SA 0.03%
Henkel & Kgaa Pref AG 0.01%
Hp Inc 0.03%
Ingersoll Rand Inc 0.01%
International Flavors & Fragrances 0.02%
Kao Corp 0.02%
Kellogg 0.01%
Kerry Group PLC 0.02%
Keurig Dr Pepper Inc 0.02%
Kimberly Clark Corp 0.03%
Koninkilijke Dsm Nv 0.03%
Lair Liquide Societe Anonyme Pour 0.05%
Linde PLC 0.11%
Loreal SA 0.07%
Nan Ya Plastics Corp 0.01%
PPG Industries Inc 0.02%
Pepsico Inc 0.15%
Procter & Gamble 0.25%
Reckitt Benckiser Group PLC 0.04%
Reckitt Benckiser Treasury Services PLC 240622 Frn 0.02%
Shiseido Ltd 0.02%
Swpc0Gvu2 Ccp Sell Cds EUR 200625 Tesco PLC 1% Ms 0.05%
Symrise AG 0.01%
Tesco Property Finance PLC 130440 5.744 Sf 0.04%
Unicharm Corp 0.01%
Unilever PLC 0.10%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.
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 |
---|---|---|
2021 | 16.60% | 14.47% |
2020 | -1.09% | 0.66% |
2019 | 5.56% | 4.17% |
2018 | 5.28% | 4.16% |
2017 | 5.86% | 6.38% |
2016 | 4.01% | 1.16% |
2015 | 11.09% | 11.4% |
2014 | 7.28% | 5.84% |
2013 | 10.75% | 7.99% |
2012 | 1.75% | 0.15% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
-
Hunter Global Fixed Interest Fund
New Zealand Int Fixed Interest38.74% -
Jbwere Premium Custody Call Account - NZD
New Zealand Cash and Equivalents3.88% -
NZ Govt 1.5% 15/05/2031
New Zealand NZ Fixed Interest AAA3.45% -
Microsoft Corp
United States International Equities1.81% -
Vector Ltd 4.996% 14/03/24
New Zealand NZ Fixed Interest BBB1.28% -
Infratil Ltd
New Zealand Australasian Equities1.24% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities1.23% -
Chorus Ltd 4.35% 06/12/2028 "23
New Zealand NZ Fixed Interest BBB1.22% -
Iag 5.15% 15/06/2043
New Zealand NZ Fixed Interest BBB1.05% -
Mainfreight Ltd
New Zealand Australasian Equities0.9%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 5.5% | 8.61% |
New Zealand Fixed Interest | 19.5% | 12.17% |
International Fixed Interest | 35.0% | 38.74% |
Australasian Equities | 12.5% | 12.58% |
International Equities | 27.5% | 27.9% |
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 Fri Dec. 31st 2021.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.00%
-
Animal Testing:1.84%
-
Fossil Fuels:0.38%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.14%
-
Palm Oil:0.01%
-
Tobacco:0.00%
-
Weapons:0.05%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"The Moderate Fund invests mainly in income assets with a moderate allocation to growth assets. The Fund aims to provide moderate returns over the short to medium term. It is suitable for investors who are prepared to accept some investment risk to potentially achieve a moderate return."
Value | $84M NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 1,667 |
Fund started | Mon Oct. 1st 2007 |
Total annual fund fees | 1.2% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.0% |
Other management and administration charges | 0.2% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Bruce Robertson |
Currently: Portfolio manager JBWere (24 years, 9 months) |
Tom Phillips |
Currently: Portfolio manager JBWere (17 years, 4 months) |
Earl White |
Currently: Executive Advisor Bancorp Treasury (18 years, 11 months) |
Phil Borkin |
Currently: Senior Strategist JBWere (3 years, 0 months) |
Hayden Griffiths |
Currently: Head of Asset allocation JBWere (25 years, 8 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.