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 0.04%
Ameren Corp. 0.01%
American Electric Power Co. Inc. 0.02%
Anglo American PLC 0.02%
Apa Group 0.04%
Beach Energy Ltd 0.01%
BHP Billiton Adr 0.18%
BHP Group Limited 0.31%
BHP Group PLC 0.02%
BP PLC 0.05%
Canadian Natural Resources Ltd. 0.01%
Chevron Corp. 0.10%
Cnooc Ltd. 0.01%
Conocophillips 0.03%
Dominion Energy Inc. 0.04%
Dte Energy Co. 0.01%
Enbridge Inc. 0.04%
Eni Spa 0.01%
Eog Resources Inc. 0.02%
Equinor Asa 0.11%
Exxon Mobil Corp. 0.11%
Firstenergy Corp. 0.01%
Gazprom PJSC 0.02%
Glencore PLC 0.01%
Kinder Morgan Inc. 0.02%
Lukoil PJSC 0.02%
Marathon Petroleum Corp. 0.01%
Neste Oyj 0.01%
Nextera Energy Inc. 0.07%
Origin Energy Limited 0.06%
Phillips 66 0.02%
Reliance Industries Ltd. 0.04%
Royal Dutch Shell PLC Class A 0.04%
Royal Dutch Shell PLC Class B 0.03%
Rwe AG 0.01%
Suncor Energy Inc. 0.02%
Total SA 0.38%
Wec Energy Group Inc. 0.02%
Williams Cos. Inc. 0.01%
Woodside Petroleum Limited 0.08%
Xcel Energy Inc. 0.02%
Weapons
L3Harris Technologies Inc. 0.03%
Safran SA 0.02%
Transdigm Group Inc. 0.01%
Tobacco
Gambling
Aristocrat Leisure Limited 0.05%
Crown Resorts Ltd 0.01%
Sky City Entertainment Group Ltd 0.25%
Tabcorp Holdings Ltd 0.02%
Alcohol
Anheuser-Busch Inbev SA/Nv 0.02%
Brown-Forman Corp. Class B 0.01%
Constellation Brands Inc. Class A 0.02%
Diageo PLC 0.05%
Heineken Nv 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.44%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Waimea Estates (Nelson) Limited 0.59%
Palm Oil
GMOs
Basf Se 0.03%
Bayer AG 0.04%
Dupont De Nemours Inc. 0.02%
Novartis AG 0.28%
Nutrien Ltd. 0.01%
Human Rights & Environmental Violations
Archer-Daniels-Midland Co. 0.01%
Barrick Gold Corp. 0.03%
BHP Billiton Adr 0.18%
BHP Group Limited 0.31%
BHP Group PLC 0.02%
Duke Energy Corp. 0.04%
Glencore PLC 0.01%
Johnson & Johnson 0.29%
Mmc Norilsk Nickel PJSC 0.01%
Nestle SA 0.19%
Nutrien Ltd. 0.01%
Petroleo Brasileiro SA Preference Shares 0.01%
Rio Tinto Limited 0.12%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC Class A 0.04%
Royal Dutch Shell PLC Class B 0.03%
Sempra Energy 0.02%
Vale SA 0.02%
Animal Testing
Air Liquide SA 0.030%
Air Products and Chemicals Inc. 0.030%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.030%
Bayer AG 0.040%
Church & Dwight Co. Inc. 0.010%
Clorox Co. 0.010%
Coca-Cola Co. 0.110%
Colgate-Palmolive Co. 0.030%
Danone SA 0.020%
Ecolab Inc. 0.030%
Estee Lauder Cos. Inc. Class A 0.020%
General Mills Inc. 0.020%
Givaudan SA 0.260%
Glaxosmithkline PLC 0.060%
Hindustan Unilever Ltd. 0.010%
Johnson & Johnson 0.290%
Kimberly-Clark Corp. 0.030%
Koninklijke Dsm Nv 0.010%
Kraft Heinz Co. 0.010%
L'Oreal SA 0.230%
LVMH Moet Hennessy Louis Vuitton SA 0.440%
LVMH Moet Hennessy Louis Vuitton Se 0.070%
Nestle SA 0.190%
Orica Limited 0.020%
Pepsico Inc. 0.110%
PPG Industries Inc. 0.010%
Procter & Gamble Co. 0.170%
Reckitt Benckiser Group PLC 0.040%
Royal Dutch Shell PLC Class A 0.040%
Royal Dutch Shell PLC Class B 0.030%
Shiseido Co. Ltd. 0.010%
Tesco PLC 0.020%
Unilever Nv 0.040%
Unilever PLC 0.040%
Walgreens Boots Alliance Inc. 0.020%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 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 and research organisations.
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund23.96% -
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund8.41% -
Vanguard Emerging Markets Share Index Fund
Australia Fund4.42% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities2.88% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-2.61% -
The A2 Milk Company Limited
New Zealand Australasian Equities2.3% -
Vanguard Esg US Stock ETF
United States Fund1.71% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.67% -
Auckland International Airport Limited
New Zealand Australasian Equities1.4% -
Spark New Zealand Limited
New Zealand Australasian Equities1.19%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue June 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% | 8.05% |
| New Zealand Fixed Interest | 8.0% | 8.16% |
| International Fixed Interest | 9.0% | 8.38% |
| Australasian Equities | 28.0% | 25.07% |
| International Equities | 40.0% | 44.99% |
| Listed Properties | 7.0% | 3.33% |
| Unlisted Properties | 5.0% | 2.02% |
| 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 Tue June 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:0.00%
-
Alcohol:1.33%
-
Animal Testing:2.80%
-
Fossil Fuels:2.53%
-
Gambling:0.40%
-
GMOs:0.40%
-
Human Rights & Environmental Violations:1.47%
-
Palm Oil:0.03%
-
Tobacco:0.01%
-
Weapons:0.13%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 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 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 | $360M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | 24,795 |
| 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, 1 months) |
|
Nic Craven |
Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months) |
|
Allan Yeo |
Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months) |
|
Aaron Usher |
Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
