Supereasy Balanced Fund

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Not Mindful
Type: Balanced fund
Past Returns: 3.30%

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

Annual Fees: 0.55%

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

Shell International Finance Bv - 24/03/2021 0.02%
Bp Capital Markets America Inc - 19/09/2022 0.02%
Equinor Asa - 10/09/2025 0.01%
Total Capital International Sa - 19/11/2021 0.01%
Glencore Funding Llc - 27/10/2022 0.01%
Eni Spa - 17/01/2027 0.01%
Cnooc Nexen Finance 2014 Ulc - 30/04/2024 0.01%
Korea Gas Corp - 20/07/2027 0.01%
Chevron Corp - 03/03/2024 0.01%
Abu Dhabi National Energy Co P - 22/06/2026 0.01%
Exxon Mobil Corp - 16/08/2029 0.01%
Eog Resources Inc - 01/04/2020 0.01%
Perusahaan Listrik Negara Pt - 15/05/2027 0.01%
Lyb International Finance Ii B - 02/03/2027 0.01%
Kinder Morgan Energy Partners - 01/03/2043 0.01%
Petroleos Mexicanos - 13/03/2027 0.01%
Shell International Finance Bv - 10/05/2046 0.01%
Exxon Mobil Corp 0.03%
Chevron Corp 0.03%
Nextera Energy Inc 0.02%
Total Sa 0.02%
Bp Plc 0.02%
Royal Dutch Shell Plc-A Shs 0.01%
Dominion Energy Inc 0.01%
Royal Dutch Shell Plc-B Shs 0.01%
Enbridge Inc 0.01%
BHP Group Ltd 0.02%
American Electric Power Co Inc 0.02%
BHP Group Plc 0.01%
Xcel Energy Inc 0.01%
Conocophillips 0.01%
Wec Energy Group Inc 0.01%
Gazprom Pjsc 0.01%
Lukoil Pjsc 0.01%
Phillips 66 0.01%
Firstenergy Corp 0.01%
Kinder Morgan Inc/De 0.01%
Eni Spa 0.01%

Weapons

Gambling

Skycity Entertainment Group Lt 0.12%

Alcohol

Anheuser-Busch Cos Llc / Anheu - 01/02/2046 0.01%
Diageo Capital Plc - 24/10/2029 0.01%
Lvmh Moet Hennessy Louis Vuitt 0.02%
Diageo Plc 0.01%
Anheuser-Busch Inbev Sa/Nv 0.01%
Pernod Ricard Sa 0.01%
Constellation Brands Inc 0.01%

Palm Oil

GMOs

Novartis Finance Sa - 31/03/2021 0.01%
Syngenta Finance Nv - 24/04/2023 0.01%
Novartis Ag 0.03%
Bayer Ag 0.01%
Basf Se 0.02%
Dupont De Nemours Inc 0.01%

Human Rights & Environmental Violations

Shell International Finance Bv - 24/03/2021 0.02%
Glencore Funding Llc - 27/10/2022 0.01%
Rio Tinto Finance Usa Ltd - 15/06/2025 0.01%
Sempra Energy - 15/10/2039 0.01%
Shell International Finance Bv - 10/05/2046 0.01%
Johnson & Johnson 0.07%
Nestle Sa 0.06%
Chevron Corp 0.03%
Royal Dutch Shell Plc-A Shs 0.01%
Duke Energy Corp 0.01%
Royal Dutch Shell Plc-B Shs 0.01%
Rio Tinto Plc 0.01%
BHP Group Ltd 0.02%
BHP Group Plc 0.01%
Sempra Energy 0.01%
Vale Sa 0.01%
Barrick Gold Corp-Tse 0.01%

Animal Testing

Shell International Finance Bv - 24/03/2021 0.020%
Pepsico Inc - 15/10/2027 0.020%
Unilever Nv - 12/02/2027 0.010%
Bayer US Finance Ii Llc - 25/06/2038 0.010%
Argentum Netherlands Bv For Sw - 15/08/2052 0.010%
Walgreens Boots Alliance Inc - 01/06/2026 0.010%
Reckitt Benckiser Treasury Ser - 24/06/2022 0.010%
Syngenta Finance Nv - 24/04/2023 0.010%
Shell International Finance Bv - 10/05/2046 0.010%
Johnson & Johnson 0.070%
Nestle Sa 0.060%
Procter & Gamble Co/The 0.060%
Coca-Cola Co/The 0.030%
Pepsico Inc 0.030%
Chevron Corp 0.030%
Lvmh Moet Hennessy Louis Vuitt 0.020%
Glaxosmithkline Plc 0.020%
Unilever Nv 0.010%
Royal Dutch Shell Plc-A Shs 0.010%
L'Oreal Sa 0.010%
Air Liquide Sa 0.010%
Royal Dutch Shell Plc-B Shs 0.010%
Bayer Ag 0.010%
Unilever Plc 0.010%
Reckitt Benckiser Group Plc 0.010%
Colgate-Palmolive Co 0.020%
Air Products & Chemicals Inc 0.020%
Kimberly-Clark Corp 0.020%
Ecolab Inc 0.020%
Basf Se 0.020%
Estee Lauder Cos Inc/The 0.020%
Danone Sa 0.020%
Walgreens Boots Alliance Inc 0.010%
General Mills Inc 0.010%
Tesco Plc 0.010%
Givaudan Sa 0.010%

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.

A summary of this fund and its details.

Number FND201
Name Supereasy Balanced Fund
Risk profile Balanced fund
Description The Balanced Fund target asset allocations are 50% in growth assets and 50% in income assets. Its objective is to reduce the likelihood of negative returns over the short to medium term through higher proportions of investment in defensive assets, such as cash and bonds, while still providing a reasonable opportunity for positive real returns over the longer term by investing a reasonable proportion of the Fund in growth assets such as equities and property.
Value $10M NZD
Members 333
Market index description The market index return is the strategic asset allocation weighted benchmark index return, where the benchmark indices are defined in the Statement of Investment Policy and Objectives.
Period of data report Tue March 31st 2020
Fund started Sun July 1st 2007
Three-year average return 3.30%
Market index past year return 0.16%
Past year return net of charges and tax -1.87%
Past year return net of charges gross of tax -1.33%
Market index return since fund started %
Return since fund started net %
Total annual fund fees 0.55%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Administration charges 0.05%
Total other charges 54.0
Total other charges currency NZD

Key Personnel

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Basil Morrison

    Currently: LGST Chairman (8 years, 10 months)
    Previously: (None years, None months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Chathuri Mendis

    Currently: Investment Accountant (Civic Financial Services) (1 years, 2 months)
    Previously: Junior Accountant (Civic Financial Services) (1 years, 10 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Glenn Watkin

    Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months)
    Previously: Investment Accountant (Civic Financial Services) (6 years, 5 months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Graeme Mitchell

    Currently: Licensed Independent Trustee (7 years, 7 months)
    Previously: (None years, None months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (3 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (3 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (3 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (3 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (3 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (2 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

  • Ian Brown

    Currently: Chief Executive Officer (Civic Financial Services) (2 years, 1 months)
    Previously: Superannuation Mgr (Civic Financial Services) (12 years, 3 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue March 31st 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
2020 -1.89% -1.87%
2019 5.68% 6.98%
2018 5.63% 4.79%
2017 6.10% 5.29%
2016 4.01% 3.44%
2015 11.09% 12.7%
2014 7.28% 5.85%
2013 10.75% 7.91%
2012 1.75% 0.63%
2011 5.30% 5.7%

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 March 31st 2020.

Showing the top 10 investments for this fund:

  • AMP Hedged Global Fixed Interest Fund - Aif Pq
    New Zealand International Fixed Interest
    20.83%
  • AMP Global Index Shares - Nwin
    New Zealand International Equities
    17.55%
  • ANZ Wholesale Cash Fund
    New Zealand Cash and Cash Equivalents
    11.46%
  • ANZ Sovereign Bond Fund
    New Zealand New Zealand Fixed Interest
    10.94%
  • ANZ Highgrade Bond Fund
    New Zealand New Zealand Fixed Interest
    10.38%
  • AMP Shares Index Fund - Aif Pe
    New Zealand Australian Equities
    9.74%
  • AMP Australian Property Fund - Aifp
    New Zealand Listed Property
    8.4%
  • AMP Hedged Global Index Shares - Aif Hpi
    New Zealand International Equities
    7.93%
  • AMP SRI Global - Aifr
    New Zealand International Equities
    3.06%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 30 June 2020 .

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 11.46%
New Zealand Fixed Interest 20.0% 21.31%
International Fixed Interest 20.0% 20.83%
Australasian Equities 10.0% 9.74%
International Equities 30.0% 28.26%
Listed Properties 10.0% 8.4%
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 30 June 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:
    0.34%
  • Animal Testing:
    2.00%
  • Fossil Fuels:
    1.59%
  • Gambling:
    0.18%
  • GMOs:
    0.25%
  • Human Rights & Environmental Violations:
    0.96%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.00%
  • Weapons:
    0.06%

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.

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 Balanced Fund target asset allocations are 50% in growth assets and 50% in income assets. Its objective is to reduce the likelihood of negative returns over the short to medium term through higher proportions of investment in defensive assets, such as cash and bonds, while still providing a reasonable opportunity for positive real returns over the longer term by investing a reasonable proportion of the Fund in growth assets such as equities and property."

Download the fund's disclosure statement and portfolio holdings.

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