Funds
Supereasy Balanced Fund
Issues of concern
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.
Key:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Contact Energy Limited 0.47%
- Channel Infrastructure NZ Limited 0.19%
- Genesis Energy Limited 0.16%
- Neste Corporation 0.16%
- Enel Spa 0.12%
- Northland Power Inc. 0.10%
- Oneok, Inc. 0.10%
- Constellation Energy Corporation 0.04%
- Genesis Energy Limited 4.17% 14-Mar-2028 0.04%
- Galp Energia Sgps SA Class B 0.03%
- Dominion Energy, Inc. 2.25% 15-Aug-2031 0.02%
- Totalenergies Se 2.625% Perp 0.02%
- Centrica PLC 7.0% 19-Sep-2033 0.01%
- Enel Finance International Nv 5.75% 14-Sep-2040 0.01%
- Iberdrola International Bv 1.874% Perp 0.01%
- Totalenergies Se 1.625% Perp 0.01%
- Totalenergies Se 1.75% Perp 0.01%
Gambling
- Sky City Entertainment Group 0.23%
Alcohol
- Diageo PLC 0.14%
- Anheuser-Busch Cos. Llc 4.7% 01-Feb-2036 0.01%
Human Rights & Environmental Violations
- Nestle S.A. 0.39%
- Meta Platforms Inc. Class A 0.19%
- Johnson & Johnson 0.16%
- Thermo Fisher Scientific Inc. 0.04%
- Activision Blizzard, Inc. 0.02%
- Nestle Holdings, Inc. 4.0% 24-Sep-2048 0.02%
Animal Cruelty
- Nestle S.A. 0.39%
- Coca-Cola Company 0.28%
- Procter & Gamble Company 0.27%
- Dow, Inc. 0.16%
- 3M Company 0.14%
- Colgate-Palmolive Company 0.14%
- L'Oreal S.A. 0.13%
- Akzo Nobel N.V. 0.10%
- Daikin Industries, Ltd. 0.10%
- Unilever PLC 0.10%
- Ecolab Inc. 0.08%
- Burberry Group PLC 0.06%
- Kimberly-Clark Corporation 0.06%
- Novozymes A/S Class B 0.06%
- Clorox Company 0.04%
- Kering SA 0.02%
- Nestle Holdings, Inc. 4.0% 24-Sep-2048 0.02%
- Sgs SA 0.02%
- Procter & Gamble Company 3.0% 25-Mar-2030 0.01%
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 31st March 2022 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.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
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.
About this fund
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.
| Value | $16M NZD |
| Period of data report | 31st March 2022 |
| Members | 378 |
| Fund started | 1st July 2007 |
| Total annual fund fees | 0.43% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.4% |
| Other management and administration charges | 0.03% |
| Total other charges | 54.0 |
| Total other charges currency | NZD |
Key Personnel
|
Basil Morrison |
Currently: LGST Chairman (10 years, 10 months) |
|
Graeme Mitchell |
Currently: Licensed Independent Trustee (9 years, 7 months) |
|
Charlie Howe |
Currently: Chief Executive Officer (Civic Financial Services) (0 years, 7 months) |
|
Glenn Watkin |
Currently: Chief Financial Officer (Civic Financial Services) (3 years, 2 months) |
|
Ivy Liang |
Currently: Fund Accountant (Civic Financial Services) (0 years, 3 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2022.
Investment Exclusions
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
| Issue of concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 0.21% | |
| Animal Cruelty | 3.01% | |
| Fossil Fuels | 2.16% | |
| Gambling | 0.23% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 1.02% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.01% |
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 31st March 2022 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 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.
Past Returns
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 |
|---|---|---|
| 2022 | 0.35% | 0.94% |
| 2021 | 16.60% | 16.05% |
| 2020 | -1.09% | -1.87% |
| 2019 | 5.56% | 6.98% |
| 2018 | 5.28% | 4.79% |
| 2017 | 5.86% | 5.29% |
| 2016 | 4.01% | 3.44% |
| 2015 | 11.09% | 12.7% |
| 2014 | 7.28% | 5.85% |
| 2013 | 10.75% | 7.91% |
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 31st March 2022.
Top 10 Investments
-
ANZ Wholesale International Share Fund No. 5
New Zealand International Equities15.41% -
ANZ Wholesale Hedged International Share Fund No. 5
New Zealand International Equities14.71% -
ANZ Wholesale Cash Fund
New Zealand Cash and Equivalents10.51% -
ANZ High Grade Bond Fund
New Zealand NZ Fixed Interest10.15% -
ANZ Wholesale International Sovereign Fund
New Zealand Int Fixed Interest10.0% -
ANZ Sovereign Bond Fund
New Zealand NZ Fixed Interest10.0% -
ANZ Wholesale International Credit Fund
New Zealand Int Fixed Interest9.82% -
Harbour NZ Shares Index Fund
New Zealand Australasian Equities9.71% -
Harbour Real Estate Investment Fund
New Zealand Listed Property9.69%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 10.0% | 10.51% |
| New Zealand Fixed Interest | 20.0% | 20.15% |
| International Fixed Interest | 20.0% | 19.82% |
| Australasian Equities | 10.0% | 9.71% |
| International Equities | 30.0% | 30.12% |
| Listed Properties | 10.0% | 9.69% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2022.