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
African Rainbow Minerals Ltd 0.01%
Agl Energy Ltd 0.01%
Alfa S.A.B.-A 0.01%
Ameren Corporation 0.01%
American Electric Power 0.03%
Ampol Ltd 0.03%
Anglo American PLC 0.01%
Apa Group 0.02%
Astra International Tbk Pt 0.02%
Ayala Corporation 0.01%
Basf Se 0.05%
Beach Energy Ltd 0.02%
BHP Group Ltd 0.20%
BHP Group PLC 0.04%
BP PLC 0.10%
Brickworks Ltd 0.02%
Canadian Natural Resources 0.02%
Canadian Pacific Railway Ltd 0.01%
Centrica PLC 4.375000% 03/13/2029 0.02%
Cez As 0.02%
Chevron Corp 0.18%
Chevron Corp 2.954000% 05/16/2026 0.01%
China Cinda Asset Manageme-H 0.01%
China Petroleum & Chemical-H 0.07%
China Shenhua Energy Co-H 0.04%
China State Construction -A 0.01%
Citic Ltd 0.03%
Ck Hutchison Holdings Ltd 0.01%
Cms Energy Corp 0.01%
Cnooc Ltd 0.11%
Cnooc Ltd-Spon Adr 0.01%
Coca-Cola Amatil Ltd 0.03%
Coca-Cola Co/The 0.14%
Coca-Cola Co/The 1.125000% 03/09/2027 0.01%
Conocophillips 0.09%
Dominion Energy Inc 0.04%
Dte Energy Company 0.01%
E.On Se 1.625000% 05/22/2029 0.02%
Electricite De France SA 2.000000% 10/02/2030 0.02%
Electricite De France SA 5.875000% 07/18/2031 0.01%
Empresas Copec SA 0.01%
Enbridge Inc 0.02%
Enel Spa 0.05%
Engie 0.02%
Eni Spa 0.01%
Eog Resources Inc 0.05%
Equinor Asa 0.01%
Equinor Asa 0.875000% 02/17/2023 0.01%
Equinor Asa 3.625000% 09/10/2028 0.04%
Equinor Asa 3.700000% 03/01/2024 0.02%
Equinor Asa 6.875000% 03/11/2031 0.07%
Exxaro Resources Ltd 0.01%
Exxon Mobil Corp 0.18%
Exxon Mobil Corporation 2.709000% 03/06/2025 0.01%
Gail India Ltd 0.02%
Gazprom PJSC-Spon Adr 0.08%
Genesis Energy Ltd 0.19%
Glencore PLC 0.03%
Gs Holdings 0.01%
Hess Corp 0.01%
Hyundai Heavy Industries Hol 0.01%
Iberdrola SA 0.06%
Itochu Corp 0.01%
Kansas City Southern 0.05%
Kghm Polska Miedz SA 0.02%
Kinder Morgan Inc 0.05%
Kumho Petrochemical Co Ltd 0.01%
Kunlun Energy Co Ltd 0.02%
Lg Corp 0.04%
Lukoil PJSC-Spon Adr 0.10%
Marathon Petroleum Corp 0.03%
Misc Bhd 0.02%
Mitsubishi Corp 0.03%
Mol Hungarian Oil and Gas Pl 0.02%
Neste Oyj 0.01%
New Zealand Refining Co Ltd 0.02%
Nextera Energy Inc 0.07%
Norfolk Southern Corp 0.11%
Nrg Energy Inc 0.01%
Oil Search Ltd 0.02%
Origin Energy Ltd 0.02%
Orix Corp 0.03%
Petrobras - Petroleo Bras 0.09%
Petrobras - Petroleo Bras-Pr 0.10%
Petrochina Co Ltd-H 0.04%
Phillips 66 0.03%
Phillips 66 Partners Lp 3.150000% 12/15/2029 0.01%
Pioneer Natural Resources Co 0.02%
Polski Koncern Naftowy Orlen 0.03%
Posco 0.12%
Ppl Corp 0.01%
Ptt Exploration & Prod-For 0.02%
Ptt Global Chemical Pcl-For 0.01%
Ptt Pcl/Foreign 0.07%
Reliance Industries Ltd 0.62%
Rio Tinto Ltd 0.08%
Rio Tinto PLC 0.05%
Rosneft Oil Co PJSC-Regs Gdr 0.01%
Royal Dutch Shell PLC-B Shs 0.06%
Royal Dutch Shell-Spon Adr-B 0.08%
Rwe AG 0.02%
Samsung C&T Corp 0.03%
San Miguel Corp 0.01%
Santos Ltd 0.04%
Sk Innovation Co Ltd 0.06%
South32 Ltd 0.02%
Sse PLC 0.01%
Suncor Energy Inc 0.02%
Taiwan Cement 0.07%
Tc Energy Corp 0.01%
Total Capital Intl SA 2.125000% 03/15/2023 0.02%
Total Capital Intl SA 2.875000% 02/17/2022 0.01%
Total Capital SA 3.883000% 10/11/2028 0.02%
Total Se 0.17%
United Tractors Tbk Pt 0.02%
Upm-Kymmene Oyj 0.01%
Vale SA 0.22%
Valero Energy Corp 0.05%
Vedanta Ltd 0.02%
Vistra Corp 0.01%
Viva Energy Group Ltd 0.01%
Wec Energy Group Inc 0.01%
Williams Cos Inc 0.02%
Woodside Petroleum Ltd 0.03%
Xcel Energy Inc 0.02%
Weapons
Airbus Se 0.03%
Amphenol Corp-Cl A 0.04%
Ayala Corporation 0.01%
Bae Systems PLC 0.01%
Boeing Co/The 0.04%
General Dynamics Corp 0.07%
Honeywell International Inc 0.08%
L3Harris Technologies Inc 0.03%
Larsen & Toubro Ltd 0.04%
Leidos Holdings Inc 0.03%
Lockheed Martin Corp 0.07%
Northrop Grumman Corp 0.06%
Raytheon Technologies Corp 0.08%
Rolls-Royce PLC 3.375000% 06/18/2026 0.01%
Safran SA 0.01%
Teledyne Technologies Inc 0.01%
Textron Inc 0.01%
Transdigm Group Inc 0.01%
Tobacco
Alimentation Couche-Tard -B 0.01%
Altria Group Inc 0.05%
British American Tobacco PLC 0.06%
Casey'S General Stores Inc 0.01%
Imperial Brands PLC 0.01%
Japan Tobacco Inc 0.01%
Philip Morris International 0.06%
Philip Morris Intl Inc 2.875000% 05/14/2029 0.04%
Seven & I Holdings Co Ltd 0.01%
Gambling
Aristocrat Leisure Ltd 0.04%
Crown Resorts Ltd 0.03%
Flutter Entertainment PLC 0.02%
Las Vegas Sands Corp 0.01%
Mgm Resorts International 0.02%
Penn National Gaming Inc 0.01%
Star Entertainment Grp Ltd/T 0.02%
Tabcorp Holdings Ltd 0.02%
Adult Entertainment/Pornography
Caesars Entertainment Inc 0.01%
Mgm Resorts International 0.02%
Alcohol
Anheuser-Busch Inbev SA/Nv 0.03%
Anheuser-Busch Inbev Wor 3.750000% 09/06/2024 0.02%
Asia Cement Corp 0.03%
Beijing Enterprises Hldgs 0.01%
Brown-Forman Corp-Class B 0.01%
Carlsberg As-B 0.02%
Coca-Cola Amatil Ltd 0.03%
Constellation Brands Inc-A 0.03%
Diageo PLC 0.04%
Diageo PLC-Sponsored Adr 0.01%
Heineken Nv 0.01%
LVMH Moet Hennessy Louis Vui 0.11%
Metcash Ltd 0.02%
San Miguel Corp 0.01%
Treasury Wine Estates Ltd 0.02%
Palm Oil
Astra International Tbk Pt 0.02%
Indofood Sukses Makmur Tbk P 0.01%
Posco 0.12%
Sime Darby Berhad 0.01%
GMOs
Corteva Inc 0.02%
Human Rights & Environmental Violations
Archer-Daniels-Midland Co 0.04%
Astra International Tbk Pt 0.02%
Barrick Gold Corp 0.01%
BHP Group Ltd 0.20%
BHP Group PLC 0.04%
Chevron Corp 0.18%
Duke Energy Corp 0.05%
Evergreen Marine Corp Ltd 0.01%
Freeport-Mcmoran Inc 0.04%
Glencore PLC 0.03%
Grupo Mexico Sab De Cv-Ser B 0.05%
Johnson & Johnson 0.27%
Nestle SA-Reg 0.28%
Nutrien Ltd 0.03%
Petrochina Co Ltd-H 0.04%
Posco 0.12%
Rio Tinto Ltd 0.08%
Rio Tinto PLC 0.05%
Royal Dutch Shell PLC-B Shs 0.06%
Royal Dutch Shell-Spon Adr-B 0.08%
Sempra Energy 0.02%
Vale SA 0.22%
Vedanta Ltd 0.02%
Zijin Mining Group Co Ltd-H 0.02%
Zte Corp-H 0.01%
Animal Testing
Air Liquide SA 0.050%
Air Products & Chemicals Inc 0.060%
Albemarle Corp 0.010%
Altria Group Inc 0.050%
Archer-Daniels-Midland Co 0.040%
Arkema 0.010%
Basf Se 0.050%
Bayer AG-Reg 0.060%
Bayer Capital Corp Bv 2.125000% 12/15/2029 0.010%
British American Tobacco PLC 0.070%
Celanese Corp 0.010%
Chevron Corp 0.180%
Church & Dwight Co Inc 0.010%
Cj Cheiljedang Corp 0.020%
Clorox Company 0.010%
Coca-Cola Amatil Ltd 0.030%
Coca-Cola Co/The 0.140%
Coca-Cola Co/The 1.125000% 03/09/2027 0.010%
Colgate-Palmolive Co 0.050%
Corteva Inc 0.010%
Covestro AG 0.010%
Danone 0.020%
Dow Inc 0.080%
Dupont De Nemours Inc 0.050%
Eastman Chemical Co 0.020%
Ecolab Inc 0.030%
Entegris Inc 0.010%
Estee Lauder Companies-Cl A 0.040%
Far Eastern New Century Corp 0.020%
Fmc Corp 0.010%
Formosa Chemicals & Fibre 0.030%
General Mills Inc 0.070%
Givaudan-Reg 0.020%
Glaxosmithkline Capital 5.250000% 12/19/2033 0.040%
Glaxosmithkline PLC 0.070%
Hermes International 0.010%
Honeywell International Inc 0.080%
Hp Inc 0.010%
Hp Inc 3.400000% 06/17/2030 0.040%
Imperial Brands PLC 0.010%
Ingersoll-Rand Inc 0.010%
Johnson & Johnson 0.270%
Kao Corp 0.030%
Kellogg Co 0.010%
Kimberly-Clark Corp 0.040%
Koninklijke Dsm Nv 0.030%
Kraft Heinz Co/The 0.020%
Kumho Petrochemical Co Ltd 0.010%
L'Oreal 0.040%
Linde PLC 0.110%
Lotte Chemical Corp 0.030%
LVMH Moet Hennessy Louis Vui 0.110%
Mondelez International Inc-A 0.070%
Nan Ya Plastics Corp 0.010%
Nestle SA-Reg 0.270%
Nutrien Ltd 0.030%
Orbia Advance Corp Sab De Cv 0.010%
Pepsico Inc 0.160%
Philip Morris International 0.070%
PPG Industries Inc 0.030%
Procter & Gamble Co/The 0.230%
Reckitt Benckiser Group PLC 0.040%
Reliance Industries Ltd 0.620%
Royal Dutch Shell PLC-B Shs 0.060%
Royal Dutch Shell-Spon Adr-B 0.080%
Scotts Miracle-Gro Co 0.010%
Seven & I Holdings Co Ltd 0.010%
Sherwin-Williams Co/The 0.050%
Shin-Etsu Chemical Co Ltd 0.030%
Sk Innovation Co Ltd 0.060%
Solvay SA 0.010%
Tesco PLC 0.010%
Unilever N V -Ny Shares 0.030%
Unilever Nv 0.030%
Unilever Nv 1.625000% 02/12/2033 0.010%
Unilever PLC 0.030%
Unilever PLC-Sponsored Adr 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 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 | -7.41% | -13.05% |
2019 | 10.11% | 3.35% |
2018 | 6.68% | 7.54% |
2017 | 11.18% | 11.59% |
2016 | 4.51% | 0.83% |
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:
-
DFA Global Core Equity Trust - NZD Hedged
Australia Fund27.34% -
DFA Global Large Company Trust
Australia Fund13.78% -
DFA Emerging Markets Trust
Australia Fund13.31% -
NZ Core Equity Trust
New Zealand Fund13.12% -
DFA Global Value Trust
Australia Fund8.17% -
DFA Global Bond Trust - NZD Hedged
Australia Fund6.63% -
DFA Global Small Company Trust
Australia Fund5.39% -
DFA Global Real Estate Trust - NZD Hedged Class Units
Australia Fund4.84% -
DFA Australian Core Equity Trust
Australia Fund4.15% -
DFA Five Year Diversified Fixed Interest Trust - NZD Hedged
Australia Fund2.79%
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 | 1.0% | 0.48% |
New Zealand Fixed Interest | 0.0% | 0.0% |
International Fixed Interest | 9.0% | 9.42% |
Australasian Equities | 17.0% | 17.27% |
International Equities | 68.0% | 67.99% |
Listed Properties | 5.0% | 4.84% |
Unlisted Properties | 0.0% | 0.0% |
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:0.04%
-
Alcohol:0.61%
-
Animal Testing:5.64%
-
Fossil Fuels:7.25%
-
Gambling:0.38%
-
GMOs:0.03%
-
Human Rights & Environmental Violations:2.17%
-
Palm Oil:0.24%
-
Tobacco:0.39%
-
Weapons:1.12%
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 Asset Class 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 | $80M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | 3,206 |
Fund started | Tue July 1st 2014 |
Total annual fund fees | 1.29% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.29% |
Administration charges | 0.0% |
Total other charges | 36.0 |
Total other charges currency | NZD |
Key Personnel
Bhanu Singh |
Currently: Director and Head of Asia Pacific Portfolio Management Dimensional Fund Advisors (5 years, 1 months) |
Jed Fogdall |
Currently: Head of Global Portfolio Management and Chair of the Investment Committee Dimensional Fund Advisors (1 years, 7 months) |
Joseph Chi |
Currently: Head of Responsible Investment and ex officio member of the Corporate Governance Committee Dimensional Fund Advisors (0 years, 11 months) |
Nicholas Stewart |
Currently: Executive Director Stewart Financial Group Limited (18 years, 4 months) |
Don Stewart |
Currently: Executive Director Stewart Financial Group Limited (33 years, 9 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.