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
Anglo American PLC 0.02%
BHP Billiton Adr 0.15%
BHP Group Limited 0.40%
BHP Group PLC 0.02%
Canadian Natural Resources Ltd. 0.01%
Coca-Cola Co. 0.07%
Conocophillips 0.02%
Dominion Energy Inc. 0.02%
Enbridge Inc. 0.02%
Eni Spa 0.01%
Eog Resources Inc. 0.01%
Equinor Asa 0.09%
Exxon Mobil Corp. 0.08%
Gazprom PJSC 0.01%
Genesis Energy Limited 0.15%
Glencore PLC 0.01%
Itochu Corp. 0.01%
Kinder Morgan Inc. 0.01%
Lukoil PJSC 0.01%
Lyondellbasell Industries Nv 0.02%
Marathon Petroleum Corp. 0.01%
Mitsubishi Corp. 0.01%
Mitsui & Co. Ltd. 0.01%
Oil Search Ltd 0.02%
Origin Energy Limited 0.06%
Phillips 66 0.01%
Pioneer Natural Resources Co. 0.01%
Posco 0.01%
Public Service Enterprise Group Inc. 0.01%
Reliance Industries Ltd. 0.03%
Royal Dutch Shell PLC Class A 0.02%
Royal Dutch Shell PLC Class B 0.02%
Santos Limited 0.07%
Suncor Energy Inc. 0.01%
Tc Energy Corp. 0.02%
Total Se 0.23%
Vale SA 0.03%
Woodside Petroleum Limited 0.10%
Weapons
Amphenol Corp. Class A 0.01%
L3Harris Technologies Inc. 0.01%
Safran SA 0.02%
Transdigm Group Inc. 0.01%
Tobacco
Seven & I Holdings Co. Ltd. 0.01%
Gambling
Aristocrat Leisure Limited 0.09%
Crown Resorts Ltd 0.01%
Gaming and Leisure Properties Inc. 0.01%
Pointsbet Holdings Ltd 0.01%
Sky City Entertainment Group Ltd 0.37%
Star Entertainment Group 0.11%
Tabcorp Holdings Ltd 0.03%
Vici Properties Inc. 0.02%
Adult Entertainment/Pornography
Alcohol
Anheuser-Busch Inbev SA/Nv 0.02%
Booster Wine Group Limited Partnership 0.63%
Booster Wine Group Loan Facility 0.45%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.04%
Heineken Nv 0.01%
LVMH 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.18%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Metcash Ltd 0.02%
Non-Taxable Accrual - Booster Wine Group Lp 0.08%
Pernod Ricard SA 0.01%
Waimea Estates (Nelson) Limited 0.28%
Palm Oil
Posco 0.01%
GMOs
Corteva Inc 0.02%
Corteva Inc. 0.01%
Human Rights & Environmental Violations
Archer-Daniels-Midland Co. 0.01%
BHP Billiton Adr 0.15%
BHP Group Limited 0.40%
BHP Group PLC 0.02%
Barrick Gold Corp. 0.01%
Bayer AG 0.02%
Duke Energy Corp. 0.02%
Freeport-Mcmoran Inc. 0.05%
Glencore PLC 0.01%
Johnson & Johnson 0.14%
Motorola Solutions Inc. 0.01%
Nestle SA 0.13%
Posco 0.01%
Rio Tinto Limited 0.17%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC Class A 0.02%
Royal Dutch Shell PLC Class B 0.02%
Sempra Energy 0.01%
Vale SA 0.03%
Animal Testing
Air Liquide SA 0.020%
Albemarle Corporation 0.010%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.020%
Bayer AG 0.020%
Celanese Corporation 0.010%
Coca-Cola Co. 0.070%
Corteva Inc 0.020%
Corteva Inc. 0.010%
Danone SA 0.010%
Dow Inc. 0.040%
Dupont De Nemours Inc. 0.040%
Ecolab Inc. 0.050%
Estee Lauder Cos. Inc. Class A 0.020%
General Mills Inc. 0.010%
Givaudan SA 0.010%
Glaxosmithkline PLC 0.030%
Hermes International 0.010%
Hindustan Unilever Ltd. 0.010%
Hp Inc. 0.020%
International Flavors & Fragrances Inc. 0.030%
Johnson & Johnson 0.140%
Kao Corp. 0.010%
Kimberly-Clark Corp. 0.010%
Koninklijke Dsm Nv 0.010%
L'Oreal SA 0.150%
LVMH 0.010%
LVMH Moet Hennessy Louis Vuitton SA 0.180%
LVMH Moet Hennessy Louis Vuitton Se 0.070%
Linde PLC 0.320%
Lyondellbasell Industries Nv 0.020%
Mondelez International Inc. Class A 0.030%
Nestle SA 0.130%
Nutrien Ltd. 0.010%
Orica Limited 0.020%
PPG Industries Inc. 0.030%
Pepsico Inc. 0.070%
Procter & Gamble Co. 0.110%
Procter & Gamble Company 0.010%
Reckitt Benckiser Group PLC 0.020%
Reliance Industries Ltd. 0.030%
Royal Dutch Shell PLC Class A 0.020%
Royal Dutch Shell PLC Class B 0.020%
Seven & I Holdings Co. Ltd. 0.010%
Sherwin-Williams Co. 0.020%
Sherwin-Williams Company 0.040%
Shin-Etsu Chemical Co. Ltd. 0.020%
Shiseido Co. Ltd. 0.010%
Unilever PLC 0.050%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 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 | 16.64% | 18.97% |
| 2020 | -1.20% | -0.92% |
| 2019 | 5.69% | 6.4% |
| 2018 | 5.19% | 5.42% |
| 2017 | 5.86% | 7.18% |
| 2016 | 4.01% | 2.18% |
| 2015 | 11.09% | 10.94% |
| 2014 | 7.28% | 4.24% |
| 2013 | 10.75% | 7.47% |
| 2012 | 1.75% | -0.94% |
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 Wed March 31st 2021.
Showing the top 10 investments for this fund:
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund18.93% -
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund10.9% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-3.76% -
Vanguard Emerging Markets Share Index Fund
Australia Fund3.72% -
Ishares Tips Bond ETF
United States Int Fixed Interest2.35% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.98% -
ASB Bank Bill 25/05/2021
New Zealand NZ Fixed Interest A-1+1.64% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities1.59% -
Vanguard Esg US Stock ETF
United States Fund1.29% -
Auckland International Airport Limited
New Zealand Australasian Equities1.05%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed March 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 15.87% |
| New Zealand Fixed Interest | 16.0% | 11.4% |
| International Fixed Interest | 19.0% | 13.26% |
| Australasian Equities | 21.0% | 18.63% |
| International Equities | 30.0% | 35.47% |
| Listed Properties | 5.0% | 3.84% |
| Unlisted Properties | 4.0% | 1.53% |
| 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 Wed March 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.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.01%
-
Alcohol:1.90%
-
Animal Testing:2.68%
-
Fossil Fuels:2.30%
-
Gambling:0.73%
-
GMOs:0.03%
-
Human Rights & Environmental Violations:1.42%
-
Palm Oil:0.03%
-
Tobacco:0.03%
-
Weapons:0.11%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 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 Balanced Fund invests in a balanced mix of income assets and growth assets. It is suited to investors looking for a medium level of risk and are willing to accept a medium level of returns."
| Value | $620M NZD |
| Period of data report | Wed March 31st 2021 |
| Members | 35,360 |
| Fund started | Mon Oct. 1st 2007 |
| Total annual fund fees | 1.19% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.16% |
| Other management and administration charges | 0.03% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
Key Personnel
|
David Beattie |
Currently: Principal Booster Financial Services Limited (2 years, 10 months) |
|
Nic Craven |
Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 10 months) |
|
Allan Yeo |
Currently: Managing Director Booster Financial Services Limited (22 years, 10 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (3 years, 5 months) |
|
Aaron Usher |
Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 5 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
