Not Mindful
Fund type: Balanced fund
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
Apa Group 0.14%
BHP Group Ltd 0.07%
BHP Group PLC 0.23%
Dominion Energy Inc 0.02%
Santos Ltd 0.41%
Weapons
Amphenol Corp-Cl A 0.21%
Transdigm Group Inc 0.28%
Gambling
Aristocrat Leisure Ltd 0.11%
Crown Resorts Ltd Frn 04/23/2075 0.03%
Alcohol
Delegat Group Ltd 0.12%
Foley Wines Ltd 0.01%
LVMH Moet Hennessy Louis Vui 0.34%
United Malt Group Ltd 0.05%
Human Rights & Environmental Violations
BHP Group Ltd 0.07%
BHP Group PLC 0.23%
Rio Tinto Ltd 0.03%
Rio Tinto PLC-Spon Adr 0.01%
Animal Testing
Estee Lauder Cos Inc/The 0.28%
L'Oreal SA 0.15%
L'Oreal SA - Pf 0.06%
LVMH Moet Hennessy Louis Vui 0.34%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 | 16.64% | 14.76% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
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NZD Cash Current Account (Nab Bank)
New Zealand Cash and Equivalents AA-9.2% -
EUR Cash Current Account (Citibank)
Germany Cash and Equivalents A+1.77% -
New Zealand Government Bond 0.5% 15/05/2026
New Zealand NZ Fixed Interest AAA1.31% -
Kiwibank 1.3% 03/02/2022
New Zealand NZ Fixed Interest AA-1.25% -
Contact Energy Ltd
New Zealand Australasian Equities BBB1.19% -
AUD Cash Current Account (Nab Bank)
Australia Cash and Equivalents AA-1.09% -
NZD Cash Call Account (Bank Of China)
New Zealand Cash and Equivalents A1.0% -
ANZ Bank 1.45% 21/04/2022
New Zealand NZ Fixed Interest AA-0.95% -
NZ Local Government Funding 1.5% 15/04/2026
New Zealand NZ Fixed Interest AAA0.8% -
Alphabet Inc - Class C
United States International Equities0.79%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 9.0% | 15.66% |
New Zealand Fixed Interest | 15.0% | 12.87% |
International Fixed Interest | 36.0% | 31.86% |
Australasian Equities | 15.0% | 14.57% |
International Equities | 19.0% | 19.82% |
Listed Properties | 6.0% | 5.22% |
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 Fri Dec. 31st 2021.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
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Alcohol:0.52%
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Animal Testing:0.83%
-
Fossil Fuels:0.91%
-
Gambling:0.14%
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GMOs:0.00%
-
Human Rights & Environmental Violations:0.34%
-
Palm Oil:0.00%
-
Tobacco:0.00%
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Weapons:0.49%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"The Fund’s objective is to provide moderate returns and capital growth after the base fund fee but before tax and before the performance fee over the minimum recommended investment timeframe of four years. It is a diversified fund that primarily invests in fixed interest securities with a significant allocation to equities."
Value | $89M NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 2,169 |
Fund started | Fri March 27th 2020 |
Total annual fund fees | 1.13% |
Total performance based fees | 0.18% |
Manager's basic fee | 0.86% |
Other management and administration charges | 0.09% |
Total other charges | 30.0 |
Total other charges currency | NZD |
Key Personnel
Mark Riggall |
Currently: Portfolio Manager Senior Dealer (7 years, 0 months) |
Paul Morris |
Currently: Portfolio Manager (5 years, 11 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.