Not Mindful
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
Aluminum Corp Of China Ltd-H 0.06%
Anglo American Capital 0.04%
Anglo American PLC 0.16%
Arcelormittal 0.02%
BP Capital Markets PLC 0.02%
Berkshire Hathaway Energ 0.02%
Centrica PLC 0.06%
Chevron Corp 0.04%
Cimarex Energy Co 0.03%
Coca-Cola Co/The 0.04%
Conocophillips 0.02%
Dcp Midstream Operating 0.03%
Devon Energy Corporation 0.03%
Enbridge Energy Partners 0.03%
Enbridge Inc 0.03%
Engie SA 0.05%
Eni Spa 0.03%
Eog Resources Inc 0.02%
Eqt Corp 0.03%
Equinor Asa 0.03%
Exxon Mobil Corp 0.04%
Genesis Energy Ltd 0.13%
Glencore Funding Llc 0.06%
Jefferies Group Llc 0.03%
Llpl Capital Pte Ltd 0.02%
Lukoil PJSC-Spon Adr 0.10%
Marathon Petroleum Corp 0.02%
Mexico Generadora De Ene 0.03%
Mol Hungarian Oil & Gas 0.03%
Mplx Lp 0.02%
Neste Oyj 0.05%
Ongc Videsh Ltd 0.03%
Osaka Gas Co Ltd 0.02%
Petrobras - Petroleo Bras-Pr 0.08%
Petroleos Mexicanos 0.41%
Posco 0.02%
Reliance Industries Ltd 0.21%
Rosneft Oil Co PJSC-Regs Gdr 0.04%
Royal Dutch Shell PLC-B Shs 0.08%
Saudi Arabian Oil Co 0.03%
Suncor Energy Inc 0.08%
Terega SA 0.03%
Terega Sasu 0.03%
Vale SA 0.08%
Williams Companies Inc 0.09%
Weapons
Daicel Corp 0.08%
Ii-Vi Inc 0.02%
L3Harris Technologies Inc 0.02%
Qinetiq Group PLC 0.10%
Tobacco
Alimentation Couche-Tard 0.03%
Gambling
Flutter Entertainment PLC-Di 0.02%
Galaxy Entertainment Group L 0.06%
Las Vegas Sands Corp 0.07%
Llpl Capital Pte Ltd 0.02%
Sands China Ltd 0.02%
Sky City Entertainment Group 0.32%
Vici Properties / Note 0.04%
Adult Entertainment/Pornography
Alcohol
Anheuser-Busch Inbev Wor 0.04%
Constellation Brands Inc-A 0.04%
Delegat Group Ltd 0.06%
Diageo PLC 0.08%
Foley Wines Ltd 0.04%
Heineken Nv 0.11%
LVMH Moet Hennessy Louis Vui 0.06%
GMOs
Human Rights & Environmental Violations
Bank Leumi Le-Israel 0.04%
Chevron Corp 0.04%
Freeport-Mcmoran Inc 0.06%
Glencore Funding Llc 0.06%
Johnson & Johnson 0.27%
Mexico Generadora De Ene 0.03%
Motorola Solutions Inc 0.02%
Nestle SA-Reg 0.22%
Ongc Videsh Ltd 0.03%
Petroleos Mexicanos 0.41%
Posco 0.02%
Rio Tinto Ltd 0.02%
Rio Tinto PLC 0.02%
Royal Dutch Shell PLC-B Shs 0.08%
Southern Copper Corp 0.02%
Vale SA 0.08%
Zijin Mining Group Co Ltd-H 0.04%
Animal Testing
Archer-Daniels-Midland Co 0.02%
Bayer US Finance Ii Llc 0.01%
Chevron Corp 0.04%
Coca-Cola Co/The 0.04%
Daicel Corp 0.08%
Danone SA 0.03%
Elementis PLC 0.04%
Evonik Industries AG 0.03%
General Mills Inc 0.02%
Glaxosmithkline PLC 0.12%
Hindustan Unilever Ltd 0.02%
Hp Inc 0.04%
Ingersoll-Rand Inc 0.04%
Johnson & Johnson 0.27%
LVMH Moet Hennessy Louis Vui 0.07%
Mondelez International 0.02%
Mondelez International Inc-A 0.04%
Nestle SA-Reg 0.22%
Nutrien Ltd 0.03%
Orkla Asa 0.02%
Pepsico Inc 0.18%
Procter & Gamble Co/The 0.17%
Reliance Industries Ltd 0.21%
Royal Dutch Shell PLC-B Shs 0.08%
Sherwin-Williams Co/The 0.10%
Sociedad Quimica Y Miner 0.02%
Tesco PLC 0.10%
Unilever PLC 0.23%
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% | 20.17% |
| 2020 | -1.09% | -2.02% |
| 2019 | 5.56% | 4.89% |
| 2018 | 5.28% | 7.9% |
| 2017 | 5.86% | 8.56% |
| 2016 | 4.01% | 4.24% |
| 2015 | 11.09% | 13.76% |
| 2014 | 7.28% | 10.28% |
| 2013 | 10.75% | 11.87% |
| 2012 | 1.75% | 2.58% |
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:
-
Russell Investments Global Fixed Interest Fund
New Zealand Int Fixed Interest40.86% -
Russell Investments Global Shares Fund
New Zealand International Equities16.75% -
Russell Investments Hedged Global Shares Fund
New Zealand International Equities16.57% -
Russell Investments NZ Shares Fund
New Zealand Australasian Equities15.59% -
Russell Investments NZ Fixed Interest Fund
New Zealand NZ Fixed Interest10.23%
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 | 0.0% | 0.0% |
| New Zealand Fixed Interest | 10.5% | 10.23% |
| International Fixed Interest | 41.5% | 40.86% |
| Australasian Equities | 16.0% | 15.59% |
| International Equities | 32.0% | 33.32% |
| 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:0.01%
-
Alcohol:0.46%
-
Animal Testing:2.54%
-
Fossil Fuels:2.82%
-
Gambling:0.59%
-
GMOs:0.02%
-
Human Rights & Environmental Violations:1.52%
-
Palm Oil:0.00%
-
Tobacco:0.03%
-
Weapons:0.24%
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
"To produce returns that provide capital growth and income consistent with its current asset allocation. The allocation to income assets increases progressively until it reaches 80% in 2035."
| Value | $30M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Members | 537 |
| Fund started | Sun Sept. 30th 2007 |
| Total annual fund fees | 1.11% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.97% |
| Other management and administration charges | 0.14% |
| Total other charges | 39.96 |
| Total other charges currency | NZD |
Key Personnel
|
Helen Mckenzie |
Currently: Director Aon Saver Limited (2 years, 8 months) |
|
Dennis Church |
Currently: Director Aon Saver Limited (2 years, 8 months) |
|
Bruce Mclachlan |
Currently: Director Aon Saver Limited (0 years, 1 months) |
|
Jody Kaye |
Currently: Director Aon Saver Limited (0 years, 1 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.
