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

Abu Dhabi National Energy Co P - 22/06/2026 0.01%
American Electric Power Co Inc 0.02%
BHP Group Ltd 0.02%
BHP Group PLC 0.01%
BP Capital Markets America Inc - 19/09/2022 0.02%
BP PLC 0.06%
Chevron Corp 0.09%
Chevron Corp - 03/03/2024 0.01%
Cnooc Nexen Finance 2014 Ulc - 30/04/2024 0.01%
Conocophillips 0.01%
Dominion Energy Inc 0.04%
Enbridge Inc 0.03%
Eni Spa 0.01%
Eni Spa - 17/01/2027 0.01%
Eog Resources Inc - 01/04/2020 0.01%
Equinor Asa - 10/09/2025 0.01%
Exxon Mobil Corp 0.10%
Exxon Mobil Corp - 16/08/2029 0.01%
Firstenergy Corp 0.01%
Gazprom PJSC 0.01%
Glencore Funding Llc - 27/10/2022 0.01%
Kinder Morgan Energy Partners - 01/03/2043 0.01%
Kinder Morgan Inc/De 0.01%
Korea Gas Corp - 20/07/2027 0.01%
Lukoil PJSC 0.01%
Lyb International Finance Ii B - 02/03/2027 0.01%
Nextera Energy Inc 0.07%
Perusahaan Listrik Negara Pt - 15/05/2027 0.01%
Petroleos Mexicanos - 13/03/2027 0.01%
Phillips 66 0.01%
Royal Dutch Shell PLC-A Shs 0.04%
Royal Dutch Shell PLC-B Shs 0.03%
Shell International Finance Bv - 10/05/2046 0.01%
Shell International Finance Bv - 24/03/2021 0.02%
Total Capital International SA - 19/11/2021 0.01%
Total SA 0.06%
Wec Energy Group Inc 0.01%
Xcel Energy Inc 0.01%

Weapons

Gambling

Skycity Entertainment Group Lt 0.12%

Alcohol

Anheuser-Busch Cos Llc / Anheu - 01/02/2046 0.01%
Anheuser-Busch Inbev SA/Nv 0.01%
Constellation Brands Inc 0.01%
Diageo Capital PLC - 24/10/2029 0.01%
Diageo PLC 0.04%
LVMH Moet Hennessy Louis Vuitt 0.06%
Pernod Ricard SA 0.01%

Palm Oil

GMOs

Basf Se 0.02%
Bayer AG 0.03%
Dupont De Nemours Inc 0.01%
Novartis AG 0.10%
Novartis Finance SA - 31/03/2021 0.01%
Syngenta Finance Nv - 24/04/2023 0.01%

Human Rights & Environmental Violations

Barrick Gold Corp-Tse 0.01%
BHP Group Ltd 0.02%
BHP Group PLC 0.01%
Chevron Corp 0.09%
Duke Energy Corp 0.04%
Glencore Funding Llc - 27/10/2022 0.01%
Johnson & Johnson 0.22%
Nestle SA 0.19%
Rio Tinto Finance Usa Ltd - 15/06/2025 0.01%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC-A Shs 0.04%
Royal Dutch Shell PLC-B Shs 0.03%
Sempra Energy 0.01%
Sempra Energy - 15/10/2039 0.01%
Shell International Finance Bv - 10/05/2046 0.01%
Shell International Finance Bv - 24/03/2021 0.02%
Vale SA 0.01%

Animal Testing

Air Liquide SA 0.030%
Air Products & Chemicals Inc 0.020%
Argentum Netherlands Bv For Sw - 15/08/2052 0.010%
Basf Se 0.020%
Bayer AG 0.030%
Bayer US Finance Ii Llc - 25/06/2038 0.010%
Chevron Corp 0.090%
Coca-Cola Co/The 0.110%
Colgate-Palmolive Co 0.020%
Danone SA 0.020%
Ecolab Inc 0.020%
Estee Lauder Cos Inc/The 0.020%
General Mills Inc 0.010%
Givaudan SA 0.010%
Glaxosmithkline PLC 0.060%
Johnson & Johnson 0.220%
Kimberly-Clark Corp 0.020%
L'Oreal SA 0.040%
LVMH Moet Hennessy Louis Vuitt 0.060%
Nestle SA 0.190%
Pepsico Inc 0.100%
Pepsico Inc - 15/10/2027 0.020%
Procter & Gamble Co/The 0.180%
Reckitt Benckiser Group PLC 0.030%
Reckitt Benckiser Treasury Ser - 24/06/2022 0.010%
Royal Dutch Shell PLC-A Shs 0.040%
Royal Dutch Shell PLC-B Shs 0.030%
Shell International Finance Bv - 10/05/2046 0.010%
Shell International Finance Bv - 24/03/2021 0.020%
Syngenta Finance Nv - 24/04/2023 0.010%
Tesco PLC 0.010%
Unilever Nv 0.040%
Unilever Nv - 12/02/2027 0.010%
Unilever PLC 0.030%
Walgreens Boots Alliance Inc 0.010%
Walgreens Boots Alliance Inc - 01/06/2026 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.

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 Tue March 31st 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 Tue March 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 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."

Value $10M NZD
Period of data report Tue March 31st 2020
Members 333
Fund started Sun July 1st 2007
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)

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)

Glenn Watkin

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

Chathuri Mendis

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue March 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.