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 0.03%
Ameren Corp. 0.01%
American Electric Power Co. Inc. 0.02%
Anglo American PLC 0.02%
Apa Group 0.04%
Basf Se 0.03%
BHP Billiton Adr 0.18%
BHP Group Limited 0.43%
BHP Group PLC 0.02%
BP PLC 0.03%
Canadian National Railway Co. 0.04%
Canadian National Railway Company 0.24%
Canadian Pacific Railway Ltd. 0.02%
Chevron Corp. 0.08%
Cms Energy Corp. 0.01%
Cnooc Ltd. 0.01%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co. 0.11%
Coca-Cola Company 0.01%
Conocophillips 0.02%
Dominion Energy Inc. 0.04%
Dte Energy Co. 0.01%
E.On Se 0.01%
Enbridge Inc. 0.03%
Enel Spa 0.04%
Eog Resources Inc. 0.01%
Equinor Asa 0.10%
Exxon Mobil Corp. 0.08%
Fortis Inc./Canada 0.01%
Franco-Nevada Corp 0.02%
Franco-Nevada Corp. 0.01%
Gazprom PJSC 0.02%
Genesis Energy Limited 0.24%
Glencore PLC 0.01%
Iberdrola SA 0.04%
Itochu Corp. 0.02%
Kinder Morgan Inc. 0.02%
Lukoil PJSC 0.01%
Lyondellbasell Industries Nv 0.02%
Mitsubishi Corp. 0.02%
Mitsui & Co. Ltd. 0.02%
Neste Oyj 0.01%
Nextera Energy Inc. 0.08%
Norfolk Southern Corp. 0.03%
Origin Energy Limited 0.05%
Orsted A/S 0.02%
Phillips 66 0.01%
Ppl Corp. 0.01%
Reliance Industries Ltd. 0.05%
Rio Tinto Limited 0.21%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC Class A 0.03%
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 0.29%
Vale SA 0.03%
Washington H Soul Pattinson & Co Ltd 0.01%
Wec Energy Group Inc. 0.02%
Weyerhaeuser Co. 0.01%
Williams Cos. Inc. 0.01%
Woodside Petroleum Limited 0.08%
Xcel Energy Inc. 0.02%
Weapons
Amphenol Corp. Class A 0.02%
L3Harris Technologies Inc. 0.02%
Safran SA 0.12%
Transdigm Group Inc. 0.01%
Tobacco
Alimentation Couche-Tard Inc. Class B 0.01%
Seven & I Holdings Co. Ltd. 0.01%
Gambling
Aristocrat Leisure Limited 0.06%
Crown Resorts Ltd 0.01%
Flutter Entertainment PLC 0.01%
Gaming and Leisure Properties Inc. 0.01%
Sky City Entertainment Group Ltd 0.55%
Star Entertainment Grp Ltd/The 0.01%
Tabcorp Holdings Ltd 0.03%
Vici Properties Inc. 0.02%
Adult Entertainment/Pornography
Alcohol
Anheuser-Busch Inbev SA/Nv 0.02%
Brown-Forman Corp. Class B 0.01%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.05%
Heineken Nv 0.01%
Kweichow Moutai Co. Ltd. Class A 0.01%
LVMH 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.38%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Waimea Estates (Nelson) Limited 0.46%
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. 0.03%
BHP Billiton Adr 0.18%
BHP Group Limited 0.43%
BHP Group PLC 0.02%
Duke Energy Corp. 0.04%
Freeport-Mcmoran Inc. 0.04%
Glencore PLC 0.01%
Johnson & Johnson 0.21%
Mmc Norilsk Nickel PJSC 0.01%
Nestle SA 0.21%
Nutrien Ltd. 0.01%
Petroleo Brasileiro SA Preference Shares 0.01%
Rio Tinto Limited 0.21%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.02%
Sempra Energy 0.02%
Vale SA 0.03%
Animal Testing
Air Liquide SA 0.040%
Air Products & Chemicals Inc. 0.040%
Air Products and Chemicals Inc. 0.050%
Albemarle Corporation 0.010%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.030%
Bayer AG 0.030%
Celanese Corporation 0.010%
Church & Dwight Co. Inc. 0.010%
Clorox Co. 0.010%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co. 0.110%
Coca-Cola Company 0.010%
Colgate-Palmolive Co. 0.040%
Corteva Inc 0.020%
Corteva Inc. 0.010%
Danone SA 0.020%
Dow Inc. 0.050%
Dupont De Nemours Inc. 0.060%
Eastman Chemical Company 0.010%
Ecolab Inc. 0.070%
Estee Lauder Cos. Inc. Class A 0.030%
Fmc Corporation 0.010%
General Mills Inc. 0.020%
Givaudan SA 0.200%
Glaxosmithkline PLC 0.050%
Hermes International 0.020%
Hindustan Unilever Ltd. 0.020%
Hp Inc. 0.010%
International Flavors & Fragrances Inc. 0.010%
Johnson & Johnson 0.210%
Kao Corp. 0.020%
Kimberly-Clark Corp. 0.030%
Koninklijke Dsm Nv 0.020%
Kraft Heinz Co. 0.010%
L'Oreal SA 0.210%
Linde PLC 0.440%
LVMH 0.010%
LVMH Moet Hennessy Louis Vuitton SA 0.380%
LVMH Moet Hennessy Louis Vuitton Se 0.070%
Lyondellbasell Industries Nv 0.020%
Mondelez International Inc. Class A 0.040%
Nestle SA 0.210%
Nutrien Ltd. 0.010%
Orica Limited 0.020%
Pepsico Inc. 0.110%
Pepsico, Inc. 0.010%
PPG Industries Inc. 0.050%
Procter & Gamble Co. 0.190%
Procter & Gamble Company 0.020%
Reckitt Benckiser Group PLC 0.040%
Reliance Industries Ltd. 0.050%
Royal Dutch Shell PLC Class A 0.030%
Royal Dutch Shell PLC Class B 0.020%
Seven & I Holdings Co. Ltd. 0.010%
Sherwin-Williams Co. 0.030%
Sherwin-Williams Company 0.050%
Shin-Etsu Chemical Co. Ltd. 0.030%
Shiseido Co. Ltd. 0.010%
Tesco PLC 0.010%
Unicharm Corp. 0.010%
Unilever Nv 0.050%
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 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 | -3.47% | -2.14% |
2019 | 6.87% | 7.86% |
2018 | 7.63% | 6.96% |
2017 | 8.87% | 8.89% |
2016 | 3.62% | 2.26% |
2015 | 13.73% | 12.43% |
2014 | 8.43% | 5.84% |
2013 | 12.00% | 9.09% |
2012 | -1.50% | -4.25% |
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 Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund24.0% -
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund8.22% -
Vanguard Emerging Markets Share Index Fund
Australia Fund4.51% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-2.91% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities2.68% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.98% -
The A2 Milk Company Limited
New Zealand Australasian Equities1.63% -
Auckland International Airport Limited
New Zealand Australasian Equities1.6% -
Vanguard Esg US Stock ETF
United States Fund1.57% -
Spark New Zealand Limited
New Zealand Australasian Equities1.23%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed Sept. 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 3.0% | 8.1% |
New Zealand Fixed Interest | 8.0% | 8.02% |
International Fixed Interest | 9.0% | 8.2% |
Australasian Equities | 28.0% | 24.87% |
International Equities | 40.0% | 45.17% |
Listed Properties | 7.0% | 3.91% |
Unlisted Properties | 5.0% | 1.73% |
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 Sept. 30th 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:0.01%
-
Alcohol:1.20%
-
Animal Testing:4.18%
-
Fossil Fuels:4.01%
-
Gambling:0.78%
-
GMOs:0.04%
-
Human Rights & Environmental Violations:1.70%
-
Palm Oil:0.04%
-
Tobacco:0.05%
-
Weapons:0.24%
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 Growth Fund invests mainly in growth assets but includes some income assets. It is suited to investors who are comfortable with a medium to high level of risk in order to potentially achieve a relatively higher level of returns."
Value | $390M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | 24,963 |
Fund started | Wed April 28th 2010 |
Total annual fund fees | 1.3% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.21% |
Administration charges | 0.09% |
Total other charges | 36.0 |
Total other charges currency | NZD |
Key Personnel
David Beattie |
Currently: Principal Booster Financial Services Limited (2 years, 4 months) |
Nic Craven |
Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 4 months) |
Allan Yeo |
Currently: Managing Director Booster Financial Services Limited (22 years, 4 months) |
Rowan Calvert |
Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (2 years, 11 months) |
Aaron Usher |
Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (2 years, 11 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.