Not Mindful
Fund type: Conservative 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
Weapons
Gambling
Aristocrat Leisure Ltd 0.04%
Mgm Resorts International 0.01%
Skycity Entertainment Group Limited 0.09%
Tabcorp Holdings Ltd 0.02%
Adult Entertainment/Pornography
Mgm Resorts International 0.01%
Alcohol
Anheuser Busch Inbev SA Nv 0.03%
Asahi Group Holdings Ltd 0.01%
Brown Forman Corp 0.01%
Diageo Ord 28 101/108P 0.05%
Endeavour Group Limited Ordinary Fully Paid Deferred Settlem 0.01%
Heineken Nv 0.01%
LVMH Moet Hennessy Vuitton Se 0.03%
Treasury Wine Estates Limited 0.01%
GMOs
Corteva Inc 0.02%
Human Rights & Environmental Violations
Johnson & Johnson Com US$1 0.09%
Motorola Solutions Inc 0.01%
Nestle SA 0.08%
Rio Tinto Ltd 0.06%
Rio Tinto PLC Ord 10P Gbp 0.03%
Animal Testing
Air Liquide 0.01%
Asahi Group Holdings Ltd 0.01%
Clorox Co Del 0.01%
Corteva Inc 0.02%
Danone 0.02%
Dow Inc 0.02%
Dupont De Nemours Inc 0.02%
Ecolab Ltd 0.04%
Estee Lauder Companies 0.02%
General Mills Inc 0.02%
Givaudan - Reg 0.02%
Glaxosmithkline PLC 0.02%
Intl Flavors & Fragrances USD 0.02%
Johnson & Johnson Com US$1 0.09%
Kao Corporation Jpy50 0.01%
Kellogg Company 0.01%
Keurig Dr Pepper Inc 0.02%
Kimberly Clark Corp Com Usd1.25 0.03%
Kraft Heinz Co Com Usd0.01 0.01%
L'Oreal 0.03%
LVMH Moet Hennessy Vuitton Se 0.03%
Linde PLC 0.05%
Mondelez International Inc 0.03%
Mosaic Co Com 0.01%
Nestle SA 0.08%
Nutrien Ltd Com Npv 0.03%
PPG Industries Inc 0.02%
Pepsico Inc Cap US$0.01 2/3 0.08%
Reckitt Benckiser Group PLC 0.02%
Unilever PLC 0.03%
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 | 8.73% | 6.87% |
2020 | 1.42% | 0.6% |
2019 | 4.58% | 3.87% |
2018 | 3.58% | 3.15% |
2017 | 4.10% | 4.21% |
2016 | 3.52% | 2.35% |
2015 | 8.10% | 6.73% |
2014 | 3.88% | 3.93% |
2013 | 6.92% | 4.61% |
2012 | 3.16% | 1.9% |
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:
-
New Zealand Government Bond - Maturing 15 Apr 2023
New Zealand NZ Fixed Interest AAA3.91% -
New Zealand Government Bond - Maturing 20 Apr 2029
New Zealand NZ Fixed Interest AAA3.38% -
New Zealand Government Bond - Maturing 15 Apr 2025
New Zealand NZ Fixed Interest AAA3.2% -
New Zealand Government Bond - Maturing 15 May 2024
New Zealand NZ Fixed Interest AAA3.11% -
New Zealand Government Bond - Maturing 15 Apr 2027
New Zealand NZ Fixed Interest AAA3.1% -
New Zealand Government Bond - Maturing 15 May 2031
New Zealand NZ Fixed Interest AAA2.58% -
New Zealand Government Bond - Maturing 15 Apr 2037
New Zealand NZ Fixed Interest AAA2.4% -
New Zealand Government Bond - Maturing 14 Apr 2033
New Zealand NZ Fixed Interest AAA2.13% -
ASB Bank Ltd - Maturing 28 Mar 2022
New Zealand Cash and Equivalents P-11.94% -
ASB Call Account
New Zealand Cash and Equivalents1.38%
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 | 22.0% | 22.14% |
New Zealand Fixed Interest | 29.0% | 28.99% |
International Fixed Interest | 29.0% | 28.89% |
Australasian Equities | 6.0% | 6.0% |
International Equities | 14.0% | 13.98% |
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:0.27%
-
Animal Testing:1.18%
-
Fossil Fuels:0.01%
-
Gambling:0.21%
-
GMOs:0.02%
-
Human Rights & Environmental Violations:0.30%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.01%
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
"The fund has a diversified portfolio that primarily invests in lower-risk income assets with a conservative allocation to growth assets. The fund is limited to a growth asset allocation of between 15% and 25%. The fund aims to preserve the value of your investments and achieve modest returns in exchange there may be small movements up and down in the value of your investments. This fund is closed to new investors."
Value | $470M NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 15,446 |
Fund started | Mon Oct. 1st 2007 |
Total annual fund fees | 0.39% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.35% |
Other management and administration charges | 0.04% |
Total other charges | 23.4 |
Total other charges currency | NZD |
Key Personnel
Timothy Pritchard |
Currently: Investment Committee Member (2 years, 9 months) |
Jeffery Darren Ruscoe |
Currently: Investment Committee Member (2 years, 9 months) |
Blair Robert Vernon |
Currently: Investment Committee Member (10 years, 6 months) |
Mark David Ennis |
Currently: Investment Committee Member (1 years, 5 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.