Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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.
Fossil Fuel
Agl Energy Limited 0.02%
American Electric Power Co. Inc. 0.02%
Anglo American PLC 0.01%
Apa Group 0.03%
Basf Se 0.02%
BHP Billiton Adr 0.14%
BHP Group Limited 0.39%
BHP Group PLC 0.02%
BP PLC 0.02%
Chevron Corp. 0.06%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co. 0.08%
Conocophillips 0.01%
Dominion Energy Inc. 0.03%
Enbridge Inc. 0.02%
Enel Spa 0.03%
Equinor Asa 0.08%
Exxon Mobil Corp. 0.06%
Franco-Nevada Corp. 0.01%
Gazprom PJSC 0.01%
Genesis Energy Limited 0.15%
Iberdrola SA 0.03%
Itochu Corp. 0.01%
Kinder Morgan Inc. 0.01%
Lukoil PJSC 0.01%
Lyondellbasell Industries Nv 0.01%
Mitsubishi Corp. 0.01%
Mitsui & Co. Ltd. 0.01%
Nextera Energy Inc. 0.06%
Origin Energy Limited 0.05%
Orsted A/S 0.01%
Reliance Industries Ltd. 0.04%
Rio Tinto Limited 0.19%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC Class A 0.02%
Royal Dutch Shell PLC Class B 0.02%
Rwe AG 0.01%
Saudi Arabian Oil Co. 0.01%
Tc Energy Corp. 0.02%
Total Se 0.21%
Vale SA 0.02%
Washington H Soul Pattinson & Co Ltd 0.01%
Wec Energy Group Inc. 0.01%
Woodside Petroleum Limited 0.07%
Xcel Energy Inc. 0.02%
Weapons
Amphenol Corp. Class A 0.01%
L3Harris Technologies Inc. 0.01%
Safran SA 0.08%
Transdigm Group Inc. 0.01%
Tobacco
Gambling
Aristocrat Leisure Limited 0.05%
Crown Resorts Ltd 0.01%
Gaming and Leisure Properties Inc. 0.01%
Sky City Entertainment Group Ltd 0.36%
Star Entertainment Grp Ltd/The 0.01%
Tabcorp Holdings Ltd 0.03%
Vici Properties Inc. 0.02%
Alcohol
Anheuser-Busch Inbev SA/Nv 0.02%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.03%
Kweichow Moutai Co. Ltd. Class A 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.28%
LVMH Moet Hennessy Louis Vuitton Se 0.06%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Waimea Estates (Nelson) Limited 0.33%
Palm Oil
GMOs
Corteva Inc 0.02%
Human Rights & Environmental Violations
Archer-Daniels-Midland Co. 0.01%
Barrick Gold Corp 0.02%
Barrick Gold Corp. 0.02%
BHP Billiton Adr 0.14%
BHP Group Limited 0.39%
BHP Group PLC 0.02%
Duke Energy Corp. 0.03%
Freeport-Mcmoran Inc. 0.03%
Johnson & Johnson 0.16%
Nestle SA 0.16%
Rio Tinto Limited 0.19%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC Class A 0.02%
Royal Dutch Shell PLC Class B 0.02%
Sempra Energy 0.02%
Vale SA 0.02%
Animal Testing
Air Liquide SA 0.030%
Air Products & Chemicals Inc. 0.030%
Air Products and Chemicals Inc. 0.040%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.020%
Bayer AG 0.020%
Clorox Co. 0.010%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co. 0.080%
Colgate-Palmolive Co. 0.030%
Corteva Inc 0.020%
Corteva Inc. 0.010%
Danone SA 0.010%
Dow Inc. 0.030%
Dupont De Nemours Inc. 0.040%
Ecolab Inc. 0.050%
Estee Lauder Cos. Inc. Class A 0.020%
General Mills Inc. 0.020%
Givaudan SA 0.150%
Glaxosmithkline PLC 0.040%
Hermes International 0.010%
Hindustan Unilever Ltd. 0.010%
Hp Inc. 0.010%
Johnson & Johnson 0.150%
Kao Corp. 0.010%
Kimberly-Clark Corp. 0.020%
Koninklijke Dsm Nv 0.010%
L'Oreal SA 0.150%
Linde PLC 0.330%
LVMH Moet Hennessy Louis Vuitton SA 0.280%
LVMH Moet Hennessy Louis Vuitton Se 0.060%
Lyondellbasell Industries Nv 0.010%
Mondelez International Inc. Class A 0.030%
Nestle SA 0.160%
Orica Limited 0.020%
Pepsico Inc. 0.080%
PPG Industries Inc. 0.030%
Procter & Gamble Co. 0.140%
Procter & Gamble Company 0.010%
Reckitt Benckiser Group PLC 0.030%
Reliance Industries Ltd. 0.040%
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%
Tesco PLC 0.010%
Unilever Nv 0.040%
Unilever PLC 0.030%
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 Sept. 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, Sustainalytics and research organisations.
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 |
|---|---|---|
| 2020 | -1.89% | -0.92% |
| 2019 | 5.68% | 6.4% |
| 2018 | 5.63% | 5.42% |
| 2017 | 6.10% | 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% |
| 2011 | 5.30% | 3.36% |
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 Thu Dec. 31st 2020.
Showing the top 10 investments for this fund:
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund18.25% -
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund14.4% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-4.84% -
Vanguard Emerging Markets Share Index Fund
Australia Fund3.46% -
Ishares Tips Bond ETF
United States Int Fixed Interest2.78% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.9% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities1.54% -
Vanguard Esg US Stock ETF
United States Fund1.09% -
Auckland International Airport Limited
New Zealand Australasian Equities1.01% -
Ishares S&P/Asx Small Ordinaries ETF
Australia Fund0.95%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Thu Dec. 31st 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% | 13.12% |
| New Zealand Fixed Interest | 16.0% | 12.24% |
| International Fixed Interest | 19.0% | 17.17% |
| Australasian Equities | 21.0% | 18.45% |
| International Equities | 30.0% | 33.88% |
| Listed Properties | 5.0% | 3.65% |
| Unlisted Properties | 4.0% | 1.49% |
| 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 Thu Dec. 31st 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.89%
-
Animal Testing:3.25%
-
Fossil Fuels:2.87%
-
Gambling:0.56%
-
GMOs:0.03%
-
Human Rights & Environmental Violations:1.39%
-
Palm Oil:0.03%
-
Tobacco:0.04%
-
Weapons:0.18%
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 Sept. 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, Sustainalytics 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 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 | $610M NZD |
| Period of data report | Thu Dec. 31st 2020 |
| Members | 35,475 |
| Fund started | Mon Oct. 1st 2007 |
| Total annual fund fees | 1.24% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.16% |
| Administration charges | 0.08% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
Key Personnel
|
David Beattie |
Currently: Principal Booster Financial Services Limited (2 years, 7 months) |
|
Nic Craven |
Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 7 months) |
|
Allan Yeo |
Currently: Managing Director Booster Financial Services Limited (22 years, 7 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (3 years, 2 months) |
|
Aaron Usher |
Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 2 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu Dec. 31st 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
