Not Mindful
Fund type: Aggressive 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
Ampol Ltd 0.02%
Anglo American PLC 0.03%
Arcelormittal SA 0.02%
BHP Billiton Adr 0.25%
BHP Group Limited 0.37%
BHP Group PLC 0.04%
BP P.L.C. 0.01%
Canadian Natural Resources Ltd. 0.03%
Cheniere Energy Inc. 0.02%
Chevron Corporation 0.13%
China Petroleum & Chemical Corp. Class H 0.01%
Ck Hutchison Holdings Ltd. 0.01%
Coca-Cola Co. 0.15%
Conocophillips 0.10%
Devon Energy Corp. 0.02%
Devon Energy Corporation 0.02%
Diamondback Energy Inc. 0.01%
Dominion Energy Inc. 0.04%
Enbridge Inc. 0.06%
Engie SA 0.01%
Eni Spa 0.02%
Eog Resources Inc. 0.06%
Equinor Asa 0.25%
Exxon Mobil Corp. 0.18%
Exxon Mobil Corporation 0.14%
Franco-Nevada Corp. 0.02%
Gazprom PJSC 0.06%
Genesis Energy Limited 0.38%
Glencore PLC 0.04%
Hess Corp. 0.02%
Hess Corporation 0.01%
Hong Kong & China Gas Co. Ltd. 0.01%
Itochu Corp. 0.02%
Kinder Morgan Inc Class P 0.02%
Kinder Morgan Inc. 0.02%
Kirby Corporation 0.02%
Lukoil PJSC 0.03%
Lyondellbasell Industries Nv Class A 0.02%
Marathon Petroleum Corp. 0.03%
Marathon Petroleum Corporation 0.03%
Mitsubishi Corp. 0.03%
Mitsui & Co. Ltd. 0.02%
Neste Oyj 0.02%
Nippon Steel Corp. 0.01%
Novatek PJSC Gdr 0.02%
Occidental Petroleum Corp. 0.02%
Occidental Petroleum Corporation 0.02%
Oil Search Ltd 0.02%
Oneok Inc. 0.04%
Origin Energy Limited 0.02%
Pembina Pipeline Corp. 0.01%
Petrochina Co. Ltd. Class H 0.01%
Phillips 66 0.04%
Pioneer Natural Resources Co. 0.03%
Pioneer Natural Resources Company 0.03%
Posco 0.02%
Ptt Pcl (Foreign) 0.01%
Public Service Enterprise Group Inc. 0.02%
Reliance Industries Ltd. 0.10%
Repsol SA 0.01%
Rosneft Oil Co. PJSC 0.01%
Royal Dutch Shell PLC Class A 0.07%
Royal Dutch Shell PLC Class B 0.07%
Sasol Ltd. 0.01%
Saudi Arabian Oil Co. 0.02%
Sk Innovation Co. Ltd. 0.01%
Sumitomo Corp. 0.01%
Suncor Energy Inc. 0.02%
Tc Energy Corp. 0.03%
Vale SA 0.06%
Valero Energy Corporation 0.02%
Washington H Soul Pattinson & Co Ltd 0.01%
Whitehaven Coal Ltd 0.01%
Williams Companies Inc. 0.02%
Williams Cos. Inc. 0.02%
Woodside Petroleum Limited 0.10%
Weapons
Amphenol Corp. Class A 0.03%
L3Harris Technologies Inc. 0.03%
Larsen & Toubro Ltd. 0.02%
Rolls-Royce Holdings PLC 0.01%
Safran SA 0.03%
Teledyne Technologies Inc. 0.01%
Transdigm Group Inc. 0.02%
Tobacco
Alimentation Couche-Tard Inc. Class B 0.02%
Seven & I Holdings Co. Ltd. 0.02%
Gambling
Aristocrat Leisure Limited 0.11%
Caesars Entertainment Inc. 0.02%
Crown Resorts Ltd 0.01%
Draftkings Inc. Class A 0.01%
Flutter Entertainment PLC 0.02%
Gaming and Leisure Properties Inc. 0.02%
Mgm Resorts International 0.01%
Pointsbet Holdings Ltd 0.01%
Sky City Entertainment Group Ltd 0.82%
Star Entertainment Group 0.05%
Vici Properties Inc. 0.04%
Adult Entertainment/Pornography
Caesars Entertainment Inc. 0.02%
Mgm Resorts International 0.01%
Alcohol
Ambev SA 0.01%
Anheuser-Busch Inbev SA/Nv 0.03%
Asahi Group Holdings Ltd. 0.02%
Booster Wine Group Limited Partnership 0.81%
Booster Wine Group Loan Facility 0.52%
Brown-Forman Corp. Class B 0.02%
Carlsberg As Class B 0.01%
China Resources Beer Holdings Co. Ltd. 0.01%
Constellation Brands Inc. Class A 0.02%
Diageo PLC 0.09%
Heineken Nv 0.02%
Kirin Holdings Co. Ltd. 0.01%
Kweichow Moutai Co. Ltd. Class A 0.02%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.39%
LVMH Moet Hennessy Louis Vuitton Se 0.14%
Metcash Ltd 0.01%
Non-Taxable Accrual - Booster Wine Group Lp 0.09%
Pernod Ricard SA 0.04%
Palm Oil
GMOs
Corteva Inc. 0.02%
Human Rights & Environmental Violations
BHP Billiton Adr 0.25%
BHP Group Limited 0.37%
BHP Group PLC 0.04%
Barrick Gold Corp. 0.02%
Bayer AG 0.04%
Chevron Corporation 0.13%
China Petroleum & Chemical Corp. Class H 0.01%
Duke Energy Corp. 0.06%
Evergreen Marine Corp. Taiwan Ltd. 0.01%
Formosa Chemicals & Fibre Corp. 0.01%
Formosa Plastics Corp. 0.02%
Freeport-Mcmoran Inc. 0.04%
Glencore PLC 0.04%
Grupo Mexico Sab De Cv Class B 0.01%
Johnson & Johnson 0.31%
Mmc Norilsk Nickel PJSC 0.02%
Motorola Solutions Inc. 0.03%
Mtn Group Ltd. 0.02%
Nestle SA 0.29%
Petrochina Co. Ltd. Class H 0.01%
Petroleo Brasileiro SA 0.02%
Petroleo Brasileiro SA Preference Shares 0.02%
Posco 0.02%
Rio Tinto Limited 0.10%
Rio Tinto PLC 0.05%
Royal Dutch Shell PLC Class A 0.08%
Royal Dutch Shell PLC Class B 0.07%
Vale SA 0.06%
Animal Testing
Air Liquide SA 0.05%
Akzo Nobel Nv 0.02%
Albemarle Corp. 0.02%
Archer-Daniels-Midland Co. 0.02%
Asahi Group Holdings Ltd. 0.02%
Avantor Inc. 0.02%
Basf Se 0.05%
Bayer AG 0.04%
Celanese Corp. Class A 0.01%
Chevron Corporation 0.13%
Church & Dwight Co. Inc. 0.02%
Clorox Co. 0.02%
Coca-Cola Co. 0.15%
Coca-Cola Company 0.01%
Corteva Inc. 0.02%
Croda International PLC 0.01%
Danone SA 0.03%
Dow Inc. 0.03%
Dupont De Nemours Inc. 0.03%
Ecolab Inc. 0.04%
Estee Lauder Cos. Inc. Class A 0.05%
Formosa Chemicals & Fibre Corp. 0.01%
Formosa Plastics Corp. 0.02%
Fujifilm Holdings Corp. 0.02%
General Mills Inc. 0.02%
Givaudan SA 0.03%
Glaxosmithkline PLC 0.08%
Henkel AG & Co. Kgaa Preference Shares 0.01%
Hermes International 0.03%
Hindustan Unilever Ltd. 0.03%
Hp Inc. 0.02%
Ingersoll Rand Inc. 0.02%
International Flavors & Fragrances Inc. 0.02%
Johnson & Johnson 0.31%
Kao Corp. 0.02%
Kellogg Co. 0.01%
Kerry Group PLC Class A 0.02%
Keurig Dr Pepper Inc. 0.02%
Kimberly-Clark Corp. 0.03%
Kirin Holdings Co. Ltd. 0.01%
Koninklijke Dsm Nv 0.02%
Kraft Heinz Co. 0.02%
L'Oreal SA 0.33%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.39%
LVMH Moet Hennessy Louis Vuitton Se 0.14%
Linde PLC 0.41%
Loreal SA 0.01%
Lyondellbasell Industries Nv Class A 0.02%
Mondelez International Inc. Class A 0.06%
Nan Ya Plastics Corp. 0.02%
Nestle SA 0.29%
Nutrien Ltd. 0.03%
PPG Industries Inc. 0.02%
Pepsico Inc. 0.15%
Pepsico, Inc. 0.01%
Procter & Gamble Co. 0.25%
Procter & Gamble Company 0.02%
Reckitt Benckiser Group PLC 0.04%
Reliance Industries Ltd. 0.10%
Royal Dutch Shell PLC Class A 0.08%
Royal Dutch Shell PLC Class B 0.07%
Sasol Ltd. 0.01%
Seven & I Holdings Co. Ltd. 0.02%
Sherwin-Williams Co. 0.05%
Shin-Etsu Chemical Co. Ltd. 0.04%
Shiseido Co. Ltd. 0.02%
Sk Innovation Co. Ltd. 0.01%
Symrise AG Class A 0.01%
Tesco PLC 0.02%
Unicharm Corp. 0.01%
Unilever PLC 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 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 | 36.11% | 46.38% |
| 2020 | -6.34% | -7.45% |
| 2019 | 9.78% | 10.51% |
| 2018 | 6.95% | 10.23% |
| 2017 | 10.40% | 14.56% |
| 2016 | 4.51% | 0.96% |
| 2015 | 15.30% | 18.4% |
| 2014 | 10.31% | 7.74% |
| 2013 | 13.23% | 10.09% |
| 2012 | -5.15% | -7.78% |
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:
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund39.25% -
Vanguard Emerging Markets Share Index Fund
Australia Fund7.31% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities3.53% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund2.91% -
Vanguard ESG US Stock ETF
United States Fund2.66% -
Auckland International Airport Limited
New Zealand Australasian Equities2.23% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+2.06% -
Spark New Zealand Limited
New Zealand Australasian Equities1.61% -
Mainfreight Limited
New Zealand Australasian Equities1.51% -
Contact Energy Limited
New Zealand Australasian Equities1.29%
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 | 1.0% | 1.76% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 33.0% | 29.73% |
| International Equities | 52.0% | 63.28% |
| Listed Properties | 8.0% | 4.77% |
| Unlisted Properties | 6.0% | 0.46% |
| 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.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.03%
-
Alcohol:2.39%
-
Animal Testing:4.85%
-
Fossil Fuels:4.30%
-
Gambling:1.19%
-
GMOs:0.02%
-
Human Rights & Environmental Violations:2.27%
-
Palm Oil:0.03%
-
Tobacco:0.07%
-
Weapons:0.25%
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 Geared Growth Fund invests predominantly in growth assets with little or no income assets and may borrow to leverage up the total exposure to equities. It is suited to investors who are comfortable with a high level of risk in order to potentially achieve higher returns."
| Value | $280M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Members | 10,093 |
| Fund started | Wed July 15th 2009 |
| Total annual fund fees | 1.61% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.55% |
| Other management and administration charges | 0.06% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
Key Personnel
|
Nic Craven |
Currently: Chief Investment Officer Booster Financial Services Limited (0 years, 5 months) |
|
David Beattie |
Currently: Principal Booster Financial Services Limited (3 years, 7 months) |
|
Allan Yeo |
Currently: Managing Director Booster Financial Services Limited (23 years, 7 months) |
|
Aaron Usher |
Currently: Portfolio Strategy Manager Booster Financial Services Limited (0 years, 5 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (4 years, 2 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.
