Russell Lifepoints® Moderate Fund

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Not Mindful
Type: Balanced fund
Past Returns: 3.25%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.06%

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

Petroleos Mexicanos 0.01%
Shell International Fin 0.01%
Eni Finance Usa Inc 0.11%
Total Capital Intl Sa 0.08%
Exxon Mobil Corporation 0.04%
Conocophillips Company 0.06%
Aes Corp/The 0.05%
Newfield Exploration Co 0.04%
Energy Transfer Operatng 0.02%
Chevron Corp 0.02%
Aker Bp Asa 0.02%
Petrobras Global Finance 0.02%
Engie Sa 0.01%
Firstenergy Corp 0.02%
Reliance Industries Ltd 0.02%
Noble Energy Inc 0.01%
Perusahaan Listrik Negar 0.01%
Bp Plc 0.10%
Suncor Energy Inc 0.05%
Anglo American Plc 0.05%
Royal Dutch Shell Plc-B Shs 0.04%
Ameren Corporation 0.03%
Nrg Energy Inc 0.03%
Exxon Mobil Corp 0.03%
Petrobras - Petroleo Bras-Pr 0.02%
Evergy Inc 0.02%
Nextera Energy Inc 0.02%
Lukoil Pjsc-Spon Adr 0.02%
Wec Energy Group Inc 0.02%
Xcel Energy Inc 0.02%
Cnooc Ltd-Spon Adr 0.01%
Alliant Energy Corp 0.01%
Rosneft Oil Co Pjsc-Regs Gdr 0.01%
China Shenhua Energy Co-H 0.01%
Neste Oyj 0.01%

Weapons

United Technologies Corp 0.04%
Qinetiq Group Plc 0.03%
Daicel Corp 0.02%
Leidos Holdings Inc 0.02%
L3Harris Technologies Inc 0.02%

Tobacco

Gambling

Galaxy Entertainment Group L 0.02%
Sky City Entertainment Group 0.16%

Alcohol

Anheuser-Busch Inbev Sa/ 0.03%
Heineken Nv 0.05%
Diageo Plc 0.04%
Lvmh Moet Hennessy Louis Vui 0.03%
Carlsberg As-B 0.02%
Want Want China Holdings Ltd 0.02%
Stock Spirits Group Plc 0.01%
Jiangsu Yanghe Brewery -A 0.01%
United Spirits Ltd 0.01%
Delegat Group Ltd 0.04%

GMOs

Bayer Ag 0.02%
Novartis Ag-Reg 0.04%

Human Rights & Environmental Violations

Shell International Fin 0.01%
Johnson & Johnson 0.11%
Nestle Holdings Inc 0.05%
Chevron Corp 0.02%
Jbs Usa/Food/Finance 0.01%
Nestle Sa-Reg 0.14%
Royal Dutch Shell Plc-B Shs 0.04%
Rio Tinto Plc 0.03%
Essity Aktiebolag-B 0.02%
Barrick Gold Corp 0.02%
Mmc Norilsk Nickel Pjsc-Adr 0.01%

Animal Testing

Reckitt Benckiser Tsy 0.120%
Shell International Fin 0.010%
Johnson & Johnson 0.110%
Nestle Holdings Inc 0.050%
General Mills Inc 0.030%
Procter & Gamble Co/The 0.050%
Chevron Corp 0.020%
Bayer Ag 0.020%
Unilever Capital Corp 0.010%
Unilever Nv 0.040%
Nestle Sa-Reg 0.140%
Pepsico Inc 0.090%
Glaxosmithkline Plc 0.060%
Tesco Plc 0.050%
Royal Dutch Shell Plc-B Shs 0.040%
Lvmh Moet Hennessy Louis Vui 0.030%
Essity Aktiebolag-B 0.020%
Colgate-Palmolive Co 0.020%
Reckitt Benckiser Group Plc 0.010%
Air Products & Chemicals Inc 0.010%

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 June 30th 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 and research organisations.

A summary of this fund and its details.

Number FND1173
Name Russell Lifepoints® Moderate Fund
Risk profile Balanced fund
Description To produce returns in excess of inflation by investing with a higher allocation to income assets than growth assets.
Value $28M NZD
Members 920
Market index description The market index return reflects a composite of benchmark index returns, weighted for the fund’s target asset allocation. The benchmark indices used for each asset class are defined in the Statement of Investment Policy and Objectives (SIPO).
Period of data report Tue June 30th 2020
Fund started Sun Sept. 30th 2007
Three-year average return 3.25%
Market index past year return 5.95%
Past year return net of charges and tax 3.51%
Past year return net of charges gross of tax 4.86%
Market index return since fund started 9.08%
Return since fund started net 6.92%
Total annual fund fees 1.06%
Total performance based fees 0.0%
Manager's basic fee 0.94%
Administration charges 0.12%
Total other charges 49.8
Total other charges currency NZD

Key Personnel

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (3 years, 0 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Dennis Church

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: General Manager, Public Trust Corporate Trustee Services (9 years, 6 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (2 years, 7 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (7 years, 3 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Helen Mckenzie

    Currently: Director, Aon Saver Limited (1 years, 2 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (3 years, 8 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (3 years, 2 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.

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 -1.89% -1.02%
2019 5.68% 4.43%
2018 5.63% 6.33%
2017 6.10% 6.4%
2016 4.01% 3.97%
2015 11.09% 12.12%
2014 7.28% 6.57%
2013 10.75% 10.66%
2012 1.75% 4.68%
2011 5.30% 6.94%

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 June 30th 2020.

Showing the top 10 investments for this fund:

  • Russell Investments Global Fixed Interest Fund
    New Zealand Int Fixed Interest
    46.62%
  • Russell Investments NZ Shares Fund
    New Zealand Australasian Equities
    14.19%
  • Russell Investments Hedged Global Shares Fund
    New Zealand International Equities
    13.75%
  • Russell Investments Global Shares Fund
    New Zealand International Equities
    13.6%
  • Russell Investments NZ Fixed Interest Fund
    New Zealand NZ Fixed Interest
    11.84%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 30 June 2020 .

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.0%
New Zealand Fixed Interest 12.0% 11.84%
International Fixed Interest 48.0% 46.62%
Australasian Equities 14.0% 14.19%
International Equities 26.0% 27.35%
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 30 June 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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.57%
  • Animal Testing:
    2.10%
  • Fossil Fuels:
    2.40%
  • Gambling:
    0.19%
  • GMOs:
    0.13%
  • Human Rights & Environmental Violations:
    1.20%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.03%
  • Weapons:
    0.30%

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 June 30th 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 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: "To produce returns in excess of inflation by investing with a higher allocation to income assets than growth assets."

Download the fund's disclosure statement and portfolio holdings.

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Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.