AON ANZ Balanced Fund

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Not Mindful
Type: Balanced fund
Past Returns: 2.58%

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

Annual Fees: 1.02%

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

BHP Billiton Ltd 0.29%
BP PLC 0.02%
Cms Energy Corp 0.04%
Dominion Energy Inc 0.05%
Enbridge Inc 0.10%
Kinder Morgan Inc 0.11%
Koninklijke Vopak Nv 0.14%
Lukoil PJSC-Spon Adr 0.02%
Oil Search Limited 0.13%
Origin Energy Ltd 0.12%
Phillips 66 0.02%
Repsol SA 0.02%
Royal Dutch Shell 0.03%
Total SA 0.02%
Valero Energy Corp 0.02%
Viva Energy Group 0.09%
Williams Cos Inc 0.09%

Weapons

Bae Systems PLC 0.04%
Oshkosh Corp 0.02%
Raytheon Co 0.02%
Rolls Royce Holdings 0.09%
Safran SA 0.12%
United Technologies 0.13%

Gambling

Aristocrat Leisure 0.19%
Sands China Limited 0.02%
Sky City Entertainment Group 0.09%
Tabcorp Holdings Ltd 0.05%

Alcohol

Ambev SA 0.03%
Anheuser-Busch 0.10%
Carlsberg As - B Shs 0.09%
Diageo PLC 0.35%
Heineken Nv 0.27%
LVMH Moet Hennessy 0.47%
Metcash Ltd 0.09%
Pernod-Ricard SA 0.26%
Treasury Wine Est 0.05%

GMOs

Bayer AG 0.27%
Nufarm Limited 0.13%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.29%
Duke Energy Corp 0.12%
Essity Aktiebolag-B 0.42%
Johnson & Johnson 0.25%
Nestle SA 0.72%
Rio Tinto Limited 0.21%
Royal Dutch Shell 0.03%
Sempra Energy 0.09%

Animal Testing

Air Liquide 0.250%
Akzo Nobel N.V 0.170%
Bayer AG 0.270%
Burberry Group PLC 0.060%
Coca Cola Co 0.130%
Colgate Palmolive 0.200%
Danone 0.260%
Essity Aktiebolag-B 0.420%
Glaxosmithkline PLC 0.040%
Johnson & Johnson 0.250%
Koninklijke Dsm Nv 0.260%
LVMH Moet Hennessy 0.480%
Nestle SA 0.710%
Pepsico Inc 0.120%
PPG Industries Inc 0.160%
Reckitt Benckiser 0.370%
Royal Dutch Shell 0.030%
Unilever Nv Ord 0.200%
Walgreens Boots Alli 0.040%

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 and research organisations.

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% -2.87%
2019 5.68% 5.28%
2018 5.63% 5.33%
2017 6.10% 5.79%
2016 4.01% 3.31%
2015 11.09% 12.5%
2014 7.28% 6.78%
2013 10.75% 13.45%
2012 1.75% 3.11%
2011 5.30% 7.47%

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:

  • ANZ Wholesale Diversified Balanced Fund
    New Zealand Fund
    66.63%
  • ANZ Wholesale Diversified Growth Fund
    New Zealand Fund
    33.37%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 8.0% 8.78%
New Zealand Fixed Interest 9.7% 8.75%
International Fixed Interest 22.3% 18.2%
Australasian Equities 13.7% 15.01%
International Equities 37.0% 39.85%
Listed Properties 7.0% 7.19%
Unlisted Properties 0.0% 0.0%
Other 2.3% 2.22%
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 June 30th 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:
    1.72%
  • Animal Testing:
    4.51%
  • Fossil Fuels:
    1.45%
  • Gambling:
    0.38%
  • GMOs:
    0.40%
  • Human Rights & Environmental Violations:
    2.15%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.49%

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 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 growth assets than income assets."

Value $33M NZD
Period of data report Tue June 30th 2020
Members 1,075
Fund started Sun Sept. 30th 2007
Total annual fund fees 1.02%
Total performance based fees 0.0%
Manager's basic fee 0.9%
Administration charges 0.12%
Total other charges 49.8
Total other charges currency NZD

Key Personnel

Helen Mckenzie

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

Dennis Church

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

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)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.