Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
3.750 Aker BP Asa 15-Jan-2030 0.02%
7.375 Enbridge Energy Partners 15-Oct-20 0.01%
Alliant Energy Corp 0.08%
American Electric Power Co Inc 0.06%
Anglo American PLC 0.03%
Anglo American PLC (SA Line) 0.01%
Apa Group 0.03%
Apache Corp 0.01%
Atmos Energy Corp 0.08%
Avista Corp 0.03%
BHP Group PLC 0.05%
Bkw AG 0.04%
Cheniere Energy Inc 0.04%
China Petroleum & Chemical 0.01%
Clp Holdings 0.04%
Clp Holdings Limited Hkd 0.05%
Cnooc Ltd 0.02%
Coca Cola Co USD 0.03%
Conocophillips 0.02%
Cosmo Energy Holdings Co Ltd 0.01%
Dominion Energy 0.10%
Dominion Energy Inc 0.01%
Drax Group PLC 0.01%
Emera Inc 0.06%
Enbridge Inc 0.08%
Enel Spa 0.03%
Eneos Holdings Inc 0.02%
Engie Aug5 0.03%
Engie Brasil Energia SA 0.01%
Enterprise Products Partners L.P. 0.03%
Evergy Inc Com 0.04%
Evergy Inc Com Npv 0.03%
Gazprom PJSC Spon Adr 0.02%
Genesis Energy Ltd 0.12%
Guangdong Investment Limited 0.08%
Hk Electric Investments Ltd 0.02%
Hokkaido Electric Power Co 0.01%
Iberdrola SA 0.01%
Infraestructura Energetica Nova 0.01%
Itochu Corp Jpy 0.03%
Jastrzebska Spolka Pln5 Ordinary Shares 0.02%
Koninklijke Vopak Nv 0.07%
Lyondellbasell Industries 0.06%
Magellan Midstream Partners Lp 0.03%
Marathon Oil Corp 0.02%
Marathon Petrol Com 0.02%
Murphy Oil Corp 0.01%
New World Development Co Ltd 0.06%
Nextera Energy Inc 0.15%
Nextera Energy Inc Common Stock USD.01 0.03%
Novatek PJSC 0.02%
Nrg Energy Inc 0.02%
Orix Corporation Jpy50 0.02%
Orsted A/S Common Stock Dkk10.0 0.07%
Ovintiv Inc 0.02%
Pembina Pipeline Corp 0.02%
Petroleo Brasileiro Petrobras SA 0.03%
Phillips 66 Com Usd0.01 0.02%
Portland General Electric 0.04%
Ptt Public Company Thb10 0.01%
Public Power Corp 0.01%
Rio Tinto Limited 0.10%
Rio Tinto PLC Ord 10P Gbp 0.08%
Royal Dutch Shell PLC-B Shs 0.01%
Rubis 0.03%
Rubis Eur1.25 0.12%
Saudi Arabian Oil 0.01%
Snam Spa 0.04%
Sojitz Corporation 0.01%
Sse PLC 0.04%
Sumitomo Corp Jpy 0.02%
Tatneft PJSC Ads 0.02%
Teekay Lng Partners Lp 0.02%
Tenaga Nasional Berhad 0.01%
Total Se 0.01%
Ugi Corp 0.05%
Vale SA 0.04%
Valero Energy Corp 0.02%
Wec Energy Group Inc 0.04%
Williams Co 0.01%
Xcel Energy Inc 0.11%
Weapons
Amphenol Corp-Cl A 0.10%
Howmet Aerospace I Com USD 0.02%
Lear Corp 0.01%
Perspecta Inc 0.02%
Rheinmetall AG 0.01%
Transdigm Group Inc 0.05%
Tobacco
Casey'S General Stores Inc 0.06%
Seven & I Holdings Co Ltd 0.04%
Gambling
Aristocrat Leisure Ltd 0.07%
Churchill Downs Incorporated 0.02%
Golden Entertainment Inc 0.02%
Las Vegas Sands Corp 0.02%
Mgm Growth Properties Llc 0.01%
Penn National Gaming Inc 0.02%
Playtech Ord Npv 0.02%
Red Rock Resorts Inc 0.02%
Skycity Entertainment Group Limited 0.17%
Vici Properties Inc 0.04%
Alcohol
1.125 LVMH Moet Hennessy Vuitt 11-Feb-20 0.01%
3.700 Anheuser-Busch Inbev SA/ 02-Apr-20 0.02%
Ambev SA Com Npv 0.02%
Beijing Enterprises Holdings Limited 0.01%
Metcash Limited 0.01%
Treasury Wine Estates Limited 0.06%
Want Want China Holdings Ltd 0.01%
Palm Oil
Human Rights & Environmental Violations
BHP Group PLC 0.05%
Centerra Gold Inc 0.01%
Chemours Co 0.03%
Duke Energy Corp Com USD 0.001 Post Rev Splt 0.01%
Freeport Mcmoran Inc 0.01%
Johnson & Johnson Com US$1 0.29%
Johnson + Johnson Common Stock Usd1.0 0.04%
Mmc Norilsk Nickel Adr 0.02%
Nestle SA 0.20%
Petroleo Brasileiro Petrobras SA 0.03%
Rio Tinto Limited 0.10%
Rio Tinto PLC Ord 10P Gbp 0.08%
Royal Dutch Shell PLC-B Shs 0.01%
Sempra Energy USD 0.07%
Tokyo Electric Power Company Holdings Incorporated 0.01%
Vale SA 0.04%
Animal Testing
1.125 LVMH Moet Hennessy Vuitt 11-Feb-20 0.010%
Air Liquide 0.010%
Celanese Corp Series A 0.030%
Central Glass Co Ltd 0.020%
Chemours Co 0.030%
Chr Hansen Holding A/S Common Stock Dkk10. 0.030%
Church & Dwight Co 0.060%
Clorox Co Del 0.060%
Coca Cola Co USD 0.030%
Colgate Palmolive Usd1 0.070%
Croda International PLC Common Stock Gbp.1060976 0.010%
Danone Common Stock EUR.25 0.020%
Dow Chemical Co 0.5% Snr 15/03/27 Eur100000 0.010%
Dow Inc 0.030%
Earth Corporation Npv 0.010%
Eastman Chemical Com 0.030%
Ecolab Inc Common Stock Usd1.0 0.070%
Estee Lauder Companies Cl A Common Stock USD.01 0.020%
General Mills Inc 0.060%
Givaudan Reg Common Stock Chf10.0 0.010%
Glaxosmithkline PLC 0.090%
Hanwha Solutions Corp 0.020%
Henkel AG & Co Kgaa Non Vtg Pref 0.060%
Hermes International 0.040%
Hokuto Corp 0.010%
Intl Flavors & Fragrances USD 0.080%
Johnson & Johnson Com US$1 0.290%
Johnson + Johnson Common Stock Usd1.0 0.040%
Kellogg Company 0.040%
Kikkoman Corporation Jpy 0.030%
Kimberly Clark Corp Com Usd1.25 0.070%
Koninklijke Dsm Nv Common Stock Eur1.5 0.050%
Kraft Heinz Co Com Usd0.01 0.040%
Kronos Worldwide Inc 0.020%
L'Oreal 0.020%
Lenzing AG Common Stock 0.010%
Lg Household Health Care 0.010%
Linde PLC 0.020%
Linde PLC Common Stock EUR.001 0.030%
Lyondellbasell Industries 0.060%
Marico Ltd Common Stock Inr1. 0.010%
Mitsui Chemicals Inc 0.010%
Mondelez International Inc 0.010%
Mosaic Co Com 0.020%
Nestle SA 0.200%
Novozymes A/S B Shares Common Stock Dkk2.0 0.010%
Nu Skin Enterprises Inc - Class A 0.020%
Orkla Asa 0.030%
Pepsico Inc Cap US$0.01 2/3 0.100%
Phosagro PJSC Gdr 0.010%
Procter & Gamble Company 0.160%
Procter + Gamble Co/The Common Stock 0.020%
Reckitt Benckiser 0.375% Gtd Snr 19/05/26 EUR 0.010%
Reckitt Benckiser Group PLC 0.010%
Royal Dutch Shell PLC-B Shs 0.010%
Rpm International Inc 0.020%
Seven & I Holdings Co Ltd 0.040%
Stepan Co 0.010%
Symrise AG Common Stock 0.070%
Tate & Lyle PLC Gbp 0.010%
Trinseo SA 0.050%
Unicharm Corp Common Stock 0.020%
Unilever Nv Common Stock EUR.16 0.020%
Unilever Nv Eur0.16 0.010%
Unilever PLC 0.030%
Unilever PLC Common Stock Gbp.0311 0.040%
Usana Helath Sciences Inc 0.040%
Wd 40 Co 0.020%
Xerox Hldgs Corp Com Usd1.00 0.040%
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 |
|---|---|---|
| 2020 | -3.47% | -4.97% |
| 2019 | 6.87% | 5.53% |
| 2018 | 7.63% | 8.0% |
| 2017 | 8.87% | 9.52% |
| 2016 | 3.62% | 3.24% |
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 Thu Dec. 31st 2020.
Showing the top 10 investments for this fund:
-
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities2.04% -
First State Investments Global Listed Infrastructure Fund
New Zealand Other1.95% -
Robeco Global Credit Fund
Australia Int Fixed Interest1.31% -
BNP Paribas US Dollar Account
United States Int Fixed Interest1.12% -
Aviva Investors Multi-Strategy Fixed Income Fund
Australia Int Fixed Interest1.08% -
The A2 Milk Company Limited
New Zealand Australasian Equities1.04% -
BNP New Zealand Dollar Custodial Account Growth Potfolio
New Zealand Cash and Equivalents0.94% -
Mainfreight Limited
New Zealand Australasian Equities0.86% -
Spark New Zealand Limited
New Zealand Australasian Equities0.85% -
Auckland International Airport Limited
New Zealand Australasian Equities0.84%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Thu Dec. 31st 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% | 2.57% |
| New Zealand Fixed Interest | 5.0% | 4.82% |
| International Fixed Interest | 14.0% | 12.67% |
| Australasian Equities | 15.5% | 14.49% |
| International Equities | 50.5% | 49.43% |
| Listed Properties | 3.5% | 3.49% |
| Unlisted Properties | 3.5% | 2.93% |
| Other | 7.0% | 9.6% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu Dec. 31st 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:0.00%
-
Alcohol:0.22%
-
Animal Testing:3.23%
-
Fossil Fuels:3.71%
-
Gambling:0.42%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:1.13%
-
Palm Oil:0.02%
-
Tobacco:0.10%
-
Weapons:0.25%
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
"Invests mainly in growth assets such as shares real assets and alternative assets with only a limited amount in cash and fixed interest. May be suitable for investors wanting to invest mostly in growth assets who are comfortable accepting more volatile returns than those expected from the Balanced fund with a view to achieving higher longer-term returns."
| Value | $150M NZD |
| Period of data report | Thu Dec. 31st 2020 |
| Members | 5,101 |
| Fund started | Wed Feb. 18th 2015 |
| Total annual fund fees | 0.89% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.77% |
| Administration charges | 0.12% |
| Total other charges | 28.5 |
| Total other charges currency | NZD |
Key Personnel
|
Kristen Kohere-Soutar |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 1 months) |
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (11 years, 10 months) |
|
Kylie Willment |
Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (3 years, 2 months) |
|
Ronan Mccabe |
Currently: Acting Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (0 years, 4 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu Dec. 31st 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
