Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Contact Energy Ltd 6.93% 1.5°C
      This company is on a 1.5°C pathway
    • Channel Infrastructure NZ Lt 2.20%
    • Genesis Energy Ltd 0.62%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31st March 2024 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.

About this fund

The fund invests mostly in New Zealand shares, and can invest in Australian listed shares where the company has meaningful operations in New Zealand. We aim to achieve positive long-term returns.

Value $17.3M NZD
Period of data report 30th June 2024
Members 823
Fund started 19th Sept. 2016
Total annual fund fees 0.9%
Total performance based fees 0.0%
Manager's basic fee 0.9%
Other management and administration charges 0.0%
Total other charges 36.0
Total other charges currency NZD

Paul Robertshawe

Currently: Chief Investment Officer, Octagon Asset Management Limited (2 years, 7 months)
Previously: Portfolio Manager, Forsyth Barr Limited (0 years, 8 months)

Craig Alexander

Currently: Head of Fixed Interest and ESG, Octagon Asset Management Limited (2 years, 7 months)
Previously: Co-Head of Funds Management, Forsyth Barr Limited (8 years, 5 months)

Jason Lindsay

Currently: Head of Equities, Octagon Asset Management Limited (2 years, 7 months)
Previously: Co-Head of Funds Management, Forsyth Barr Limited (2 years, 2 months)

Neil Paviour-Smith

Currently: Director, Forsyth Barr Investment Management Limited (16 years, 4 months)
Previously: Managing Director at Forsyth Barr Limited (current) (23 years, 6 months)

Christine Smith-Han

Currently: Equity and Strategy Analyst, Octagon Asset Management Limited (2 years, 7 months)
Previously: Portfolio Analyst, Forsyth Barr Limited (4 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.

Past Returns

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
2024 14.19% 1.93%
2023 -4.84% -1.27%
2022 3.55% 2.39%
2021 33.87% 28.81%
2020 -6.10% -3.34%
2019 10.35% 16.37%
2018 6.95% 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 30th June 2024.

Top 10 Investments

  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    10.8%
  • Infratil Limited
    New Zealand Australasian Equities
    8.06%
  • Contact Energy Limited
    New Zealand Australasian Equities
    7.32%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    6.69%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    6.54%
  • Meridian Energy Limited
    New Zealand Australasian Equities
    5.24%
  • Mainfreight Limited
    New Zealand Australasian Equities
    4.37%
  • Ebos Group Limited
    New Zealand Australasian Equities
    3.98%
  • Skycity Entertainment Group Limited
    New Zealand Australasian Equities
    3.88%
  • Sky Network Television Limited
    New Zealand Australasian Equities
    3.39%
Type Target Actual
Cash and Cash Equivalents 5.0% 2.92%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 85.0% 91.0%
International Equities 0.0% 0.0%
Listed Properties 10.0% 6.08%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.