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
Aker BP Asa 0.10%
Anglo American PLC 0.08%
Arcelormittal 0.04%
BP Capital Markets PLC 0.11%
BP PLC 0.05%
Chevron Corp 0.03%
Chevron Usa Inc 0.11%
Cnooc Finance 2013 Ltd 0.01%
Conocophillips Company 0.08%
Ecopetrol SA 0.02%
Electricite De France SA 0.19%
Enbridge Inc 0.04%
Energy Transfer Operatng 0.03%
Eni Finance Usa Inc 0.08%
Evraz PLC 0.01%
First Quantum Minerals Ltd 0.04%
Firstenergy Corp 0.02%
Genesis Energy Ltd 0.04%
Kazmunaygas National Co 0.01%
Lukoil PJSC-Spon Adr 0.02%
Mplx Lp 0.01%
Newfield Exploration Co 0.10%
Perusahaan Listrik Negar 0.04%
Petrobras - Petroleo Bras-Pr 0.04%
Petroleos Mexicanos 0.19%
Reliance Industries Ltd 0.11%
Royal Dutch Shell PLC-B Shs 0.04%
Suncor Energy Inc 0.02%
Total Capital Canada Ltd 0.03%
Total Capital Intl SA 0.10%
Vale SA 0.02%
Vistra Corp 0.06%
Wintershall Dea Finance 0.05%
Weapons
Daicel Corp 0.03%
Jfe Holdings Inc 0.02%
Qinetiq Group PLC 0.04%
Tobacco
Gambling
Draftkings Inc - Cl A 0.02%
Galaxy Entertainment Group L 0.04%
Sky City Entertainment Group 0.12%
Alcohol
Anheuser-Busch Inbev SA/ 0.04%
Anheuser-Busch Inbev Wor 0.01%
Constellation Brands Inc-A 0.02%
Delegat Group Ltd 0.03%
Diageo PLC 0.04%
Foley Wines Ltd 0.02%
Heineken Nv 0.04%
Jiangsu Yanghe Brewery -A 0.02%
LVMH Moet Hennessy Louis Vui 0.03%
Stock Spirits Group PLC 0.02%
Human Rights & Environmental Violations
Chevron Corp 0.03%
Johnson & Johnson 0.21%
Nestle Holdings Inc 0.06%
Nestle SA-Reg 0.12%
Royal Dutch Shell PLC-B Shs 0.04%
Vale SA 0.02%
Animal Testing
Chevron Corp 0.030%
Daicel Corp 0.020%
General Mills Inc 0.040%
Glaxosmithkline PLC 0.090%
Ingersoll-Rand Inc 0.020%
Johnson & Johnson 0.210%
LVMH Moet Hennessy Louis Vui 0.030%
Mont Blanc Capital Corp 0.130%
Nestle Holdings Inc 0.060%
Nestle SA-Reg 0.120%
Nippon Shokubai Co Ltd 0.020%
Orbia Advance Corp Sab 0.020%
Pepsico Inc 0.090%
Procter & Gamble Co/The 0.080%
Reckitt Benckiser Tsy 0.150%
Reliance Industries Ltd 0.110%
Royal Dutch Shell PLC-B Shs 0.040%
Sherwin-Williams Co/The 0.060%
Tesco PLC 0.060%
Unilever Capital Corp 0.090%
Unilever Nv 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 Wed Sept. 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, 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% | 0.64% |
| 2019 | 4.40% | 3.28% |
| 2018 | 3.80% | 4.49% |
| 2017 | 4.16% | 4.44% |
| 2016 | 3.52% | 3.44% |
| 2015 | 8.10% | 10.93% |
| 2014 | 3.88% | 4.42% |
| 2013 | 6.92% | 10.21% |
| 2012 | 3.16% | 5.15% |
| 2011 | 5.06% | 6.84% |
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 Wed Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
Russell Investments Global Fixed Interest Fund
New Zealand Int Fixed Interest63.76% -
Russell Investments NZ Fixed Interest Fund
New Zealand NZ Fixed Interest16.29% -
Russell Investments Global Shares Fund
New Zealand International Equities6.93% -
Russell Investments Hedged Global Shares Fund
New Zealand International Equities6.93% -
Russell Investments NZ Shares Fund
New Zealand Australasian Equities6.09%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed Sept. 30th 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 | 16.0% | 16.29% |
| International Fixed Interest | 64.0% | 63.76% |
| Australasian Equities | 6.0% | 6.09% |
| International Equities | 14.0% | 13.86% |
| 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 Wed Sept. 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.33%
-
Animal Testing:1.77%
-
Fossil Fuels:2.45%
-
Gambling:0.17%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.56%
-
Palm Oil:0.00%
-
Tobacco:0.01%
-
Weapons:0.11%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 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, 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
"To produce returns in excess of inflation by investing mostly in income assets with only a modest allocation to growth assets. This fund is closed to new investors."
| Value | $4.8M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | 170 |
| Fund started | Sun Sept. 30th 2007 |
| Total annual fund fees | 0.99% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.88% |
| Administration charges | 0.11% |
| Total other charges | 49.8 |
| Total other charges currency | NZD |
Key Personnel
|
Helen Mckenzie |
Currently: Director Aon Saver Limited (1 years, 5 months) |
|
Enzo Cutrupi |
Currently: Director Aon Saver Limited (2 years, 10 months) |
|
Dennis Church |
Currently: Director Aon Saver Limited (1 years, 5 months) |
|
Simon Ferry |
Currently: Manager of Retirement & Financial Management Aon New Zealand (3 years, 5 months) |
|
Amanda Beeslaar |
Currently: Principal and Head of Retirement Products Aon New Zealand (3 years, 3 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
