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Summer New Zealand Equities

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Not Mindful
Type: Aggressive fund
Past Returns: 9.27%

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

Annual Fees: 0.9%

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.

Gambling

Skycity Entertainment Group Limited 1.64%

Alcohol

Delegat Group Limited 2.11%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 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 FND1188
Name Summer New Zealand Equities
Risk profile Aggressive fund
Description The fund invests in selected New Zealand 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 $14M NZD
Members 910
Market index description S&P/NZX 50 Gross with Imputation Index
Period of data report Tue June 30th 2020
Fund started Mon Sept. 19th 2016
Three-year average return 9.27%
Market index past year return 9.85%
Past year return net of charges and tax 4.37%
Past year return net of charges gross of tax 5.18%
Market index return since fund started 14.05%
Return since fund started net 11.17%
Total annual fund fees 0.9%
Total performance based fees 0.0%
Manager's basic fee 0.9%
Administration charges 0.0%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management at Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest at Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest at Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management at Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest at Tower Investments (5 years, 2 months)

  • Craig Alexander

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (7 years, 0 months)
    Previously: Head of Fixed Interest,Tower Investments (5 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Jason Lindsay

    Currently: Co-Head of Funds Management,Forsyth Barr Limited (0 years, 9 months)
    Previously: Portfolio Manager Australasian Listed Infrastructure, ACC (6 years, 2 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy at Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy at Forsyth Barr Limited (13 years, 11 months)

  • Kevin Stirrat

    Currently: Director/Strategy, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Investment Strategy, Forsyth Barr Limited (13 years, 11 months)

  • Martin Hawes

    Currently: Chair, Summer Investment Committee (3 years, 10 months)
    Previously: Authorised Financial Adviser (current) (9 years, 0 months)

  • Martin Hawes

    Currently: Chair, Summer Investment Committee (3 years, 10 months)
    Previously: Authorised Financial Adviser (current) (9 years, 0 months)

  • Martin Hawes

    Currently: Chair, Summer Investment Committee (3 years, 10 months)
    Previously: Authorised Financial Adviser (current) (9 years, 0 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Neil Paviour-Smith

    Currently: Director (12 years, 4 months)
    Previously: Managing Director at Forsyth Barr Limited (current) (19 years, 6 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 months)

  • Rob Mercer

    Currently: Director/Equities, Wealth Management Research,Forsyth Barr Limited (0 years, 11 months)
    Previously: Head of Private Wealth Research, Forsyth Barr Limited (7 years, 2 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 -7.41% -3.34%
2019 10.11% 16.37%
2018 6.68% 14.78%

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:

  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    13.37%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    9.5%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    7.55%
  • ANZ Transactional Bank Account
    New Zealand Cash and Equivalents AA-
    6.49%
  • Contact Energy Limited
    New Zealand Australasian Equities
    5.54%
  • Meridian Energy Limited
    New Zealand Australasian Equities
    5.47%
  • Infratil Limited
    New Zealand Australasian Equities
    5.2%
  • Ebos Group Limited
    New Zealand Australasian Equities
    4.32%
  • Z Energy Limited
    New Zealand Australasian Equities
    3.94%
  • Mainfreight Limited
    New Zealand Australasian Equities
    3.61%

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 5.0% 6.49%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 85.0% 91.77%
International Equities 0.0% 0.0%
Listed Properties 10.0% 1.75%
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:
    2.11%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    1.64%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

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: "The fund invests in selected New Zealand 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."

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.