Koura KiwiSaver US Equities Fund

Find a Mindful Ethical fund »
Not Mindful
Type: Aggressive fund
Past Returns: *38.51%

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 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

Aes Corp 0.09%
Alliant Energy Corp 0.08%
Cheniere Energy Inc 0.08%
Cms Energy Corp 0.11%
Coca-Cola 1.36%
Conocophillips 0.29%
Dominion Energy Inc 0.42%
Dte Energy 0.16%
Eog Resources Inc 0.18%
Hess Corp 0.09%
Kinder Morgan Inc 0.19%
Loews Corp 0.07%
Marathon Petroleum Corp 0.17%
Occidental Petroleum Corp 0.09%
Oneok Inc 0.10%
Phillips 0.18%
Pinnacle West Corp 0.06%
Pioneer Natural Resource 0.11%
Valero Energy Corp 0.14%
Wec Energy Group Inc 0.19%
Williams Inc 0.16%
Xcel Energy Inc 0.23%

Weapons

Howmet Aerospace Inc 0.06%
Teledyne Technologies Inc 0.09%

Human Rights & Environmental Violations

Johnson & Johnson 2.40%
Sempra Energy 0.24%

Animal Testing

Axalta Coating Systems Ltd 0.040%
Clorox 0.160%
Coca-Cola 1.360%
Colgate-Palmolive 0.430%
Dupont De Nemours Inc 0.290%
Ecolab Inc 0.340%
Estee Lauder Inc Class A 0.340%
General Mills Inc 0.230%
Hp Inc 0.190%
International Flavors & Fragrances 0.060%
Johnson & Johnson 2.390%
Kellogg 0.100%
Kimberly Clark Corp 0.300%
Linde PLC 0.840%
Mosaic 0.050%
PPG Industries Inc 0.220%
Pepsico Inc 1.250%
Procter & Gamble 2.170%
Sherwin Williams 0.380%

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.

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 35.08% 38.51%

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 March 31st 2021.

Showing the top 10 investments for this fund:

  • Ishares Esg Advanced Msci Usa ETF
    United States International Equities
    99.12%
  • BNZ NZD Account
    New Zealand Cash and Equivalents AA-
    0.8%
  • BNZ USD Account
    New Zealand Cash and Equivalents AA-
    0.08%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed March 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% 0.88%
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% 99.12%
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 Wed March 31st 2021.

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:
    11.16%
  • Fossil Fuels:
    4.58%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    2.64%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.15%

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 Fund provides investors an exposure to the US share market. The Fund invests in underlying funds to provide this exposure. The Fund expects to deliver a negative return once in every 4-5 years."

Value $5.6M NZD
Period of data report Wed March 31st 2021
Members 340
Fund started Wed Oct. 23rd 2019
Total annual fund fees 0.63%
Total performance based fees 0.0%
Manager's basic fee 0.53%
Administration charges 0.1%
Total other charges 30.0
Total other charges currency NZD

Key Personnel

Warren Couillault

Currently: Chairman Investment Committee Member (1 years, 8 months)
Previously: CEO Hobson Wealth (Current) (3 years, 8 months)

Rupert Carlyon

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

David Moore

Currently: Investment Committee Member (1 years, 8 months)
Previously: Executive Director UBS AG (29 years, 6 months)

Nigel Scott

Currently: Director Investment Committee Member (0 years, 1 months)
Previously: Non Executive-Director Hobson Wealth (Current) (0 years, 8 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.