Koura KiwiSaver Rest Of World Equities Fund

Not Mindful

Type: Aggressive 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.

Fossil Fuel

Apa Group 0.02%
Apa Group Units 0.12%
BP PLC 0.77%
Clp Holdings Ltd 0.04%
Enagas SA 0.03%
Engie SA 0.14%
Eni 0.28%
Equinor 0.22%
Equinor Asa 0.04%
Galp Energia Sgps SA 0.14%
Galp Energia Sgps SA-B 0.01%
Glencore PLC 0.13%
Inpex Corp 0.09%
Koninklijke Vopak Nv 0.07%
Marubeni Corp 0.11%
Neste 0.15%
Neste Oyj 0.04%
Nippon Yusen 0.07%
OMV AG 0.17%
Origin Energy Ltd 0.02%
Repsol SA 0.17%
Snam 0.17%
Total SA 0.86%
Woodside Petroleum Ltd 0.21%

Weapons

Airbus Group 0.24%
Bae Systems PLC 0.14%
Kawasaki Heavy Industries Ltd 0.07%
Mitsubishi Heavy Industries Ltd 0.10%
Safran SA 0.20%
Thales SA 0.08%

Gambling

Aristocrat Leisure Ltd 0.08%
Evolution Gaming Group 0.10%
Melco Resorts Entertainment Adr Lt 0.08%
Sands China Ltd 0.17%
Tabcorp Holdings Ltd 0.08%

Alcohol

Anheuser Busch Inbev Nv 0.30%
Asahi Group Holdings Ltd 0.07%
Carlsberg As Cl B 0.10%
Diageo PLC 0.67%
Heineken Nv 0.15%
Kirin Holdings Ltd 0.13%
LVMH 0.70%
Pernod Ricard SA 0.25%

GMOs

Basf N 0.38%
Basf Se 0.13%
Novozymes A/S-B Shares 0.03%
Stora Enso Oyj-R Shs 0.02%

Human Rights & Environmental Violations

Glencore PLC 0.13%
Nestle SA 2.14%
Rio Tinto Ltd 0.21%
Rio Tinto PLC 0.46%

Animal Testing

Air Liquide SA 0.460%
Akzo Nobel N V EUR 0.5 0.050%
Akzo Nobel Nv 0.170%
Associated British Foods PLC 0.110%
Basf N 0.380%
Basf Se 0.130%
Beiersdorf AG 0.130%
Burberry Group PLC 0.100%
Chr Hansen Holding 0.080%
Chr Hansen Holding A/S 0.030%
Coca Cola European Partners PLC 0.090%
Coca Cola Hbc AG 0.080%
Coca-Cola European Partners 0.020%
Coca-Cola Hbc AG-Cdi 0.010%
Croda International PLC 0.130%
Danone SA 0.430%
Givaudan SA 0.310%
Givaudan SA-Reg 0.090%
Glaxosmithkline PLC 0.910%
Henkel & Kgaa Pref AG 0.090%
Henkel AG 0.110%
Henkel AG & Co Kgaa 0.060%
J Sainsbury PLC 0.010%
Jeronimo Martins SA 0.080%
Jeronimo Martins Sgps SA 0.010%
Johnson Matthey PLC 0.100%
Kikkoman Corp 0.080%
Koninkilijke Dsm Nv 0.180%
Koninklijke Dsm Nv 0.060%
L'Oreal SA 0.200%
LVMH 0.700%
Mitsui Chemicals Inc 0.010%
Nestle SA 2.140%
Novozymes A/S-B Shares 0.030%
Reckitt Benckiser Group PLC 0.550%
Sainsbury(J) PLC 0.080%
Shiseido Co Ltd 0.060%
Shiseido Ltd 0.140%
Solvay SA 0.100%
Sumitomo Chemical Co Ltd 0.010%
Sumitomo Chemical Ltd 0.210%
Svenska Cellulosa Ab Sca-B Shs 0.020%
Svenska Cellulosa B 0.090%
Symrise AG 0.130%
Tesco PLC 0.220%
Unilever Nv 0.610%
Unilever PLC 0.510%

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

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:

Ishares Esg Msci Eafe ETF
United States International Equities

56.32%
Xtrackers Msci Eafe Esg Leaders Equity ETF
United States International Equities

35.35%
BNZ NZD Account
New Zealand Cash and Equivalents AA-

6.53%
Gains/Losses From Currency Hedging
United States International Equities

1.3%
BNZ USD Account
New Zealand Cash and Equivalents AA-

0.5%

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	1.0%	6.53%
New Zealand Fixed Interest	0.0%	0.0%
International Fixed Interest	0.0%	0.0%
Australasian Equities	0.0%	0.0%
International Equities	99.0%	93.47%
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 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 concern

Does this fund say it excludes this?

Actual holdings
Adult Entertainment/Pornography:

0.00%
Alcohol:

2.37%
Animal Testing:

10.33%
Fossil Fuels:

4.10%
Gambling:

0.51%
GMOs:

0.56%
Human Rights & Environmental Violations:

2.94%
Palm Oil:

0.00%
Tobacco:

0.00%
Weapons:

0.83%

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 share markets of Europe, Australasia, Singapore, Hong Kong, Japan and Israel. The Fund will invest in underlying funds to provide this desired exposure. The Fund expects to deliver a negative return once in every 3-4 years"

Value	$1.2M NZD
Period of data report	Tue June 30th 2020
Members	171
Fund started	Wed Oct. 23rd 2019
Total annual fund fees	0.63%
Total performance based fees	0.0%
Manager's basic fee	0.45%
Administration charges	0.18%
Total other charges	30.0
Total other charges currency	NZD

Key Personnel

Warren Couillault	Currently: Chairman, Investment Committee Member (0 years, 11 months) Previously: CEO, Hobson Wealth (Current) (2 years, 5 months)
Rupert Carlyon	Currently: Managing Director , Investment Committee Member (1 years, 7 months) Previously: Director, KPMG (2 years, 0 months)
David Moore	Currently: Independent Director, Investment Committee member (0 years, 11 months) Previously: Executive Director, UBS AG (29 years, 6 months)
Anna Scott	Currently: Director (0 years, 11 months) Previously: COO, Hobson Wealth (Current) (2 years, 3 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.

Portfolio holdings v