Koura KiwiSaver New Zealand Cash Fund

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Not Mindful
Type: Defensive fund
Past Returns: No 3 year data yet

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.63%

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.


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

A summary of this fund and its details.

Number FND15953
Name Koura KiwiSaver New Zealand Cash Fund
Risk profile Defensive fund
Description This Fund provides exposure to the New Zealand fixed income market.
Value $4.5k NZD
Members 2
Market index description Morningstar New Zealand Gross Return index
Disclosure Statement Period Tue March 31st 2020
Fund started Wed Oct. 23rd 2019
Three-year average return No 3 year data yet
Market index past year return 1.50%
Past year return net charges and tax None%
Past year return net of charges gross of tax None%
Market index return since fund started 0.57%
Return since fund started net 0.15%
Total annual fund fees 0.63%
Total performance based fees 0.0%
Manager's basic fee 0.63%
Administration charges 0.0%
Total other charges 30.0
Total other charges currency NZD

Key Personnel

  • Anna Scott

    Currently: Director (0 years, 8 months)
    Previously: COO, Hobson Wealth (Current) (2 years, 3 months)

  • David Moore

    Currently: Independent Director, Investment Committee member (0 years, 8 months)
    Previously: Executive Director, UBS AG (29 years, 6 months)

  • Rupert Carlyon

    Currently: Managing Director , Investment Committee Member (1 years, 4 months)
    Previously: Director, KPMG (2 years, 0 months)

  • Warren Couillault

    Currently: Chairman, Investment Committee Member (0 years, 8 months)
    Previously: CEO, Hobson Wealth (Current) (2 years, 5 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2020 .

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

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 31 March 2020 .

Showing the top 10 investments for this fund:

  • BNZ NZD Account
    New Zealand Cash and Equivalents AA-
    100.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 31 March 2020 .

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 100.0% 100.0%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
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 31 March 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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 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: "This Fund provides exposure to the New Zealand fixed income market."

Download the fund's disclosure statement and portfolio holdings.

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