Not Mindful
Fund type: Aggressive 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
National Grid PLC 0.32%
Totalenergies Se 0.32%
Ck Hutchison Holdings Ltd 0.28%
Endesa SA 0.26%
Shell PLC 0.26%
Samsung C&T Corp 0.25%
Exxon Mobil Corp 0.18%
Centrica PLC 0.17%
BHP Group Ltd-Di 0.16%
Lg Corp 0.15%
Consolidated Edison Inc 0.14%
Southern Co/The 0.13%
Enel Spa 0.12%
Osaka Gas Co Ltd 0.10%
Duke Energy Corp 0.09%
Kansai Electric Power Co Inc 0.09%
Lg Corp-Pref 0.07%
Entergy Corp 0.06%
BHP Group Ltd 0.03%
Clp Holdings Ltd 0.02%
Korea Electric Power Corp 0.02%
Woodside Energy Group Ltd 0.01%
Weapons
Walmart Inc 0.26%
Alcohol
Heineken Nv 0.96%
Heineken Holding Nv 0.14%
Asahi Group Holdings Ltd 0.11%
Human Rights & Environmental Violations
Nestle SA-Reg 1.36%
Uber Technologies Inc 0.56%
Meta Platforms Inc-Class A 0.38%
Shell PLC 0.26%
Motorola Solutions Inc 0.25%
Rio Tinto PLC 0.25%
Johnson & Johnson 0.24%
Activision Blizzard Inc 0.16%
BHP Group Ltd-Di 0.16%
Duke Energy Corp 0.09%
BHP Group Ltd 0.03%
Animal Testing
Nestle SA-Reg 1.36%
LVMH Moet Hennessy Louis Vui 0.61%
Kerry Group PLC-A 0.58%
Unilever PLC 0.38%
Henkel AG & Co Kgaa Vor-Pref 0.30%
Procter & Gamble Co/The 0.30%
Koninklijke Ahold Delhaize N 0.26%
Shell PLC 0.26%
Meiji Holdings Co Ltd 0.20%
Exxon Mobil Corp 0.18%
Tosoh Corp 0.15%
Asahi Group Holdings Ltd 0.11%
Colgate-Palmolive Co 0.11%
Air Water Inc 0.10%
Kering 0.10%
Pepsico Inc 0.08%
Tate & Lyle PLC 0.04%
Henkel AG & Co Kgaa 0.02%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Fri Sept. 30th 2022 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.
The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.
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 |
|---|---|---|
| 2022 | 3.94% | -4.77% |
| 2021 | 36.11% | 24.18% |
| 2020 | -6.34% | 5.86% |
| 2019 | 9.78% | 5.77% |
| 2018 | 6.95% | 8.98% |
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 Sept. 30th 2022.
Showing the top 10 investments for this fund:
-
Intermede Global Equity Fund
Ireland International Equities36.4% -
ANZ Transactional Bank Account
New Zealand Cash and Equivalents AA-3.88% -
USD Cash Deposit
United States Cash and Equivalents3.27% -
Microsoft Corporation
United States International Equities2.68% -
Alphabet Inc Class A
United States International Equities2.01% -
Visa Inc.- Class A Shares
United States International Equities1.79% -
Amazon.Com, Inc.
United States International Equities1.68% -
Apple Inc.
United States International Equities1.66% -
The Walt Disney Company
United States International Equities1.41% -
Taiwan Semiconductor Manufacturing Co Ltd
United States International Equities1.37%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Sept. 30th 2022.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 10.0% | 3.84% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.25% |
| International Equities | 90.0% | 94.97% |
| Listed Properties | 0.0% | 0.94% |
| 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 Sept. 30th 2022.
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:1.21%
-
Animal Testing:5.14%
-
Fossil Fuels:3.23%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:3.74%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.26%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Fri Sept. 30th 2022 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 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 fund invests in selected international shares. We aim to achieve positive long-term returns. These kinds of investments will typically have high levels of movement up and down in value."
| Value | $23M NZD |
| Period of data report | Fri Sept. 30th 2022 |
| Members | 918 |
| Fund started | Mon Sept. 19th 2016 |
| Total annual fund fees | 0.9% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.86% |
| Other management and administration charges | 0.04% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
Key Personnel
|
Paul Robertshawe |
Currently: Chief Investment Officer,
Octagon Asset Management Limited (0 years, 10 months) |
|
Craig Alexander |
Currently: Head of Fixed Interest and ESG,
Octagon Asset Management Limited (0 years, 10 months) |
|
Jason Lindsay |
Currently: Head of Equities,
Octagon Asset Management Limited (0 years, 10 months) |
|
Neil Paviour-Smith |
Currently: Director,
Forsyth Barr Investment Management Limited (14 years, 7 months) |
|
Christine Smith-Han |
Currently: Equity and Strategy Analyst,
Octagon Asset Management Limited (0 years, 10 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Sept. 30th 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.
