Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Thermo Fisher Scientific Inc 0.56%
    • Nestle SA-Reg 0.55%
    • Ubs Group AG-Reg 0.36%
    • Rio Tinto Ltd 0.20%
    • Wells Fargo & Co 0.06%
    • Caterpillar Inc 0.04%
    • Johnson & Johnson 0.04%
    • China Petroleum & Chemical-H 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Credit Suisse Group AG 0.03%
    • Wells Fargo Bank Na 0.03%
    • Teva Pharmaceutical Ind Ltd 0.02%
    • BHP Group Ltd 0.41% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.10%
    • Shell PLC 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Archer-Daniels-Midland Co 0.03%
    • Adeka Corp 0.02%
    • Wh Group Ltd 0.02%
    • LVMH Moet Hennessy Louis Vui 0.50%
    • Air Liquide SA 0.32%
    • Intl Flavors & Fragrances 0.23%
    • PPG Industries Inc 0.19%
    • Akzo Nobel N.V. 0.13%
    • Burberry Group PLC 0.10%
    • Hermes International 0.10%
    • L'Oreal 0.09%
    • Orica Ltd 0.08%
    • Sherwin-Williams Co/The 0.07%
    • Shell PLC 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eastman Chemical Co 0.04%
    • Koninklijke Ahold Delhaize N 0.04%
    • China Petroleum & Chemical-H 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Adeka Corp 0.02%
    • Mosaic Co/The 0.02%
    • Syensqo SA 0.02%
    • Yara International Asa 0.02%
    • Capri Holdings Ltd 0.01%
    • Mitsubishi Gas Chemical Co 0.01%
    • Dick's Sporting Goods Inc 0.04%
    • Sojitz Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Canadian Tire Corp-Class A 0.02%
    • Contact Energy Ltd 0.54% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.41% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rio Tinto Ltd 0.20%
    • Woodside Energy Group Ltd 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Ameren Corporation 0.14%
    • Intertek Group PLC 0.13%
    • American Electric Power 0.12%
    • Santos Ltd 0.12% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.10%
    • Entergy Corp 0.10%
    • Genesis Energy Ltd 0.10%
    • Nisource Inc 0.10%
    • Sempra Energy 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Edp-Energias De Portugal SA 0.09% 1.5°C
      This company is on a 1.5°C pathway
    • National Grid PLC 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vopak 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Marathon Petroleum Corp 0.08%
    • Orica Ltd 0.08%
    • Dominion Energy Inc 0.07%
    • Ampol Ltd 0.06%
    • Shell PLC 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Cheniere Energy Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Enbridge Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsui & Co Ltd 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Phillips 66 0.05%
    • Total SA 0.05%
    • Valero Energy Corp 0.05%
    • Hf Sinclair Corp 0.04%
    • Itochu Corp 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oneok Inc 0.04%
    • China Petroleum & Chemical-H 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nrg Energy Inc 0.03%
    • Repsol SA 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sojitz Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Beijing Enterprises Hldgs 0.02%
    • Ck Hutchison Holdings Ltd 0.02%
    • Delta Air Lines Inc 0.02%
    • Enel Finance Intl Nv 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Jefferies Financial Group In 0.02%
    • Marubeni Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Motor Oil (Hellas) SA 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • OMV AG 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Scorpio Tankers Inc 0.02%
    • Woodside Finance Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Cassa Depositi E Prestit 0.01%
    • Centrica PLC 0.01%
    • Korea Electric Power Co 0.01%
    • Lg Corp 0.01%
    • Origin Energy Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31st March 2024 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.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

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.

About this fund

The fund invests mainly in share and listed property assets, with some exposure to cash and fixed interest assets. The fund aims to achieve investment performance ahead of inflation over the long term and achieve investment performance that reflects the level of risk applicable to the fund's underlying asset classes. This fund is closed to new investors.

Value $316M NZD
Period of data report 30th June 2024
Members 5,963
Fund started 1st Oct. 2007
Total annual fund fees 1.13%
Total performance based fees 0.0%
Manager's basic fee 1.07%
Other management and administration charges 0.06%
Total other charges 23.4
Total other charges currency NZD

Jeffery Darren Ruscoe

Currently: Investment Committee Member (5 years, 3 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 2 months)

Mark David Ennis

Currently: Investment Committee Member (3 years, 11 months)
Previously: Managing Director / Director, AdviceFirst Limited / AMP Wealth Management New Zealand (4 years, 4 months)

Katie Priscilla Breatnach

Currently: Investment Committee Member (1 years, 4 months)
Previously: Director / GM Legal & Governance, AMP Wealth Management New Zealand (1 years, 7 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.

Past Returns

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
2024 14.32% 9.62%
2023 -3.87% -4.88%
2022 1.40% 3.63%
2021 28.16% 23.65%
2020 -3.43% -3.39%
2019 6.75% 6.63%
2018 7.80% 6.02%
2017 9.24% 6.28%
2016 3.62% 3.4%
2015 13.73% 14.6%

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 30th June 2024.

Top 10 Investments

  • ANZ Wholesale Balanced Growth Fund
    New Zealand Fund
    100.0%
Type Target Actual
Cash and Cash Equivalents 6.0% 3.28%
New Zealand Fixed Interest 7.5% 10.76%
International Fixed Interest 21.5% 23.15%
Australasian Equities 12.0% 12.07%
International Equities 45.5% 43.14%
Listed Properties 7.5% 7.6%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.