Funds

Supereasy KiwiSaver Balanced Fund

Total Ethical Concerns: 6.18%

The average total concerns of all KiwiSaver balanced funds is 5.99%.

Companies of Concern

  • Animal Cruelty 2.25%

    • 0.39%
    • Unilever PLC
      0.26%
      0.26%
    • L'Oréal SA
      0.21%
      0.21%
    • 3M
      0.20%
      0.20%
    • Hermès International Sca
      0.19%
      0.19%
    • Kimberly-Clark Corp.
      0.19%
      0.19%
    • Colgate-Palmolive Co.
      0.17%
      0.17%
    • The Clorox Co.
      0.14%
      0.14%
    • Ecolab, Inc.
      0.11%
      0.11%
    • Burberry Group PLC
      0.10%
      0.10%
    • Givaudan SA
      0.09%
      0.09%
    • The Sherwin-Williams Co.
      0.06%
      0.06%
    • Church & Dwight Co., Inc.
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Exxon Mobil Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • PPG Industries, Inc.
      0.02%
      0.02%
    • The Dow Chemical Co.
      0.02%
      0.02%
    • Givaudan Finance Europe Bv
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
  • Human Rights Violations 0.67%

    • 0.35%
    • 0.16%
    • UBS
      0.08%
      0.08%
    • Bank Hapoalim B.M.
      0.04%
      OPT
      Complicit in severe breaches of civilian Human Rights in
      Occupied Palestinian Territories
      0.04%
    • Caterpillar
      0.03%
      OPT
      Complicit in severe breaches of civilian Human Rights in
      Occupied Palestinian Territories
      0.03%
    • Motorola Solutions Inc
      0.01%
      OPT
      Complicit in severe breaches of civilian Human Rights in
      Occupied Palestinian Territories
      0.01%
  • Social Harm 0.32%

  • Fossil Fuels 2.97%

    • Contact Energy Ltd.
      0.47%
      1.5°C
      This company is on a 1.5°C pathway
      0.47%
    • 0.21%
    • Marathon Petroleum Corp.
      0.21%
      0.21%
    • Oneok, Inc.
      0.20%
      0.20%
    • Valero Energy Corp.
      0.18%
      0.18%
    • Itochu Corp.
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • Cheniere Energy, Inc.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Marubeni Corp.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Enel
      0.13%
      1.5°C
      This company is on a 1.5°C pathway
      0.13%
    • Equinor Asa
      0.13%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.13%
    • Dassault Systèmes Se
      0.12%
      0.12%
    • Hf Sinclair Corp
      0.12%
      0.12%
    • Channel Infrastructure
      0.10%
      0.10%
    • Altagas Ltd.
      0.08%
      0.08%
    • Galp Energia Sgps SA
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Woodside Energy Group Ltd.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Endesa SA
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • National Grid PLC
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Phillips 66
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Enel Chile SA
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Exxon Mobil Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Iberdrola
    • OMV AG
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Pembina Pipeline Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Santos Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Aker BP Asa
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Apa Infrastructure Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Duke Energy Corp
      0.01%
      0.01%
    • Enbridge, Inc.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Sgs Nederland Holding Bv
      0.01%
      0.01%
    • Totalenergies Se
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
  • Environmental Harm 0.24%

    • Unilever PLC
      0.26%
      0.26%
    • 3M
      0.20%
      0.20%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Duke Energy Corp
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The Balanced Fund target asset allocations are 50% in growth assets and 50% in income assets. Its objective is to achieve positive real returns over the medium to long term through investment in a balanced mix of growth and income assets.

    Value $18.2M NZD
    Period of data report 30th June 2025
    Members 412
    Fund started 1st July 2007
    Total annual fund fees 0.33%
    Total performance based fees 0.0%
    Manager's basic fee 0.33%
    Other management and administration charges 0.0%
    Total other charges 54.0
    Total other charges currency NZD

    Basil Morrison

    Currently: LGST Chairman (13 years, 10 months)
    Previously: (None years, None months)

    Grant Hassell

    Currently: Licensed Independent Trustee (1 years, 4 months)
    Previously: (None years, None months)

    Charlie Howe

    Currently: Chief Executive Officer (Civic Financial Services) (3 years, 7 months)
    Previously: (None years, None months)

    Glenn Watkin

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

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

  • Past Returns

    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
    2025 4.34% 4.8%
    2024 10.86% 9.42%
    2023 -2.79% -2.69%
    2022 1.34% 0.94%
    2021 17.98% 16.05%
    2020 -1.40% -1.87%
    2019 5.81% 6.98%
    2018 5.28% 4.79%
    2017 5.86% 5.29%
    2016 4.01% 3.44%

    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 30th June 2025.

  • Investments

    Top 10 Investments

    • Hunter Global Fixed Interest Fund

      New Zealand Int Fixed Interest

      20.83%
    • Harbour NZ Core Fixed Interest Fund

      New Zealand NZ Fixed Interest

      20.64%
    • Mercer Overseas Shares Index Portfolio

      New Zealand International Equities

      19.23%
    • Mercer Hedged Overseas Shares Index Portfolio

      New Zealand International Equities

      10.82%
    • Harbour Enhanced Cash Fund

      New Zealand Cash and Equivalents

      10.02%
    • Harbour Real Estate Investment Fund

      New Zealand Listed Property

      9.67%
    • Harbour NZ Shares Index Fund

      New Zealand Australasian Equities

      8.8%
    Type Target Actual
    Cash and Cash Equivalents 10.0%% 10.02%%
    New Zealand Fixed Interest 20.0%% 20.64%%
    International Fixed Interest 20.0%% 20.83%%
    Australasian Equities 10.0%% 8.8%%
    International Equities 30.0%% 30.05%%
    Listed Properties 10.0%% 9.67%%
    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 by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

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 2024 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.

Issues of Concern

  • 2.25% Animal Cruelty
  • 0.67% Human Rights Violations
  • 0.32% Social Harm
  • 2.97% Fossil Fuels
  • 0.0% Weapons
  • 0.24% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • 0.39%
    • Unilever PLC
      0.26%
      0.26%
    • L'Oréal SA
      0.21%
      0.21%
    • 3M
      0.20%
      0.20%
    • Hermès International Sca
      0.19%
      0.19%
    • Kimberly-Clark Corp.
      0.19%
      0.19%
    • Colgate-Palmolive Co.
      0.17%
      0.17%
    • The Clorox Co.
      0.14%
      0.14%
    • Ecolab, Inc.
      0.11%
      0.11%
    • Burberry Group PLC
      0.10%
      0.10%
    • Givaudan SA
      0.09%
      0.09%
    • The Sherwin-Williams Co.
      0.06%
      0.06%
    • Church & Dwight Co., Inc.
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Exxon Mobil Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • PPG Industries, Inc.
      0.02%
      0.02%
    • The Dow Chemical Co.
      0.02%
      0.02%
    • Givaudan Finance Europe Bv
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
  • Human Rights Violations

    • 0.35%
    • 0.16%
    • UBS
      0.08%
      0.08%
    • Bank Hapoalim B.M.
      0.04%
      OPT
      Complicit in severe breaches of civilian Human Rights in
      Occupied Palestinian Territories
      0.04%
    • Caterpillar
      0.03%
      OPT
      Complicit in severe breaches of civilian Human Rights in
      Occupied Palestinian Territories
      0.03%
    • Motorola Solutions Inc
      0.01%
      OPT
      Complicit in severe breaches of civilian Human Rights in
      Occupied Palestinian Territories
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.47%
      1.5°C
      This company is on a 1.5°C pathway
      0.47%
    • 0.21%
    • Marathon Petroleum Corp.
      0.21%
      0.21%
    • Oneok, Inc.
      0.20%
      0.20%
    • Valero Energy Corp.
      0.18%
      0.18%
    • Itochu Corp.
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • Cheniere Energy, Inc.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Marubeni Corp.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Enel
      0.13%
      1.5°C
      This company is on a 1.5°C pathway
      0.13%
    • Equinor Asa
      0.13%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.13%
    • Dassault Systèmes Se
      0.12%
      0.12%
    • Hf Sinclair Corp
      0.12%
      0.12%
    • Channel Infrastructure
      0.10%
      0.10%
    • Altagas Ltd.
      0.08%
      0.08%
    • Galp Energia Sgps SA
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Woodside Energy Group Ltd.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Endesa SA
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • National Grid PLC
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Phillips 66
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Enel Chile SA
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Exxon Mobil Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Iberdrola
    • OMV AG
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Pembina Pipeline Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Santos Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Aker BP Asa
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Apa Infrastructure Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Duke Energy Corp
      0.01%
      0.01%
    • Enbridge, Inc.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Sgs Nederland Holding Bv
      0.01%
      0.01%
    • Totalenergies Se
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
  • Environmental Harm

    • Unilever PLC
      0.26%
      0.26%
    • 3M
      0.20%
      0.20%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Duke Energy Corp
      0.01%
      0.01%

About this Fund

The Balanced Fund target asset allocations are 50% in growth assets and 50% in income assets. Its objective is to achieve positive real returns over the medium to long term through investment in a balanced mix of growth and income assets.

Value $18.2M NZD
Period of data report 30th June 2025
Members 412
Fund started 1st July 2007
Total annual fund fees 0.33%
Total performance based fees 0.0%
Manager's basic fee 0.33%
Other management and administration charges 0.0%
Total other charges 54.0
Total other charges currency NZD

Basil Morrison

Currently: LGST Chairman (13 years, 10 months)
Previously: (None years, None months)

Grant Hassell

Currently: Licensed Independent Trustee (1 years, 4 months)
Previously: (None years, None months)

Charlie Howe

Currently: Chief Executive Officer (Civic Financial Services) (3 years, 7 months)
Previously: (None years, None months)

Glenn Watkin

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

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
2025 4.34% 4.8%
2024 10.86% 9.42%
2023 -2.79% -2.69%
2022 1.34% 0.94%
2021 17.98% 16.05%
2020 -1.40% -1.87%
2019 5.81% 6.98%
2018 5.28% 4.79%
2017 5.86% 5.29%
2016 4.01% 3.44%

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 30th June 2025.

Top 10 Investments

  • Hunter Global Fixed Interest Fund

    New Zealand Int Fixed Interest

    20.83%
  • Harbour NZ Core Fixed Interest Fund

    New Zealand NZ Fixed Interest

    20.64%
  • Mercer Overseas Shares Index Portfolio

    New Zealand International Equities

    19.23%
  • Mercer Hedged Overseas Shares Index Portfolio

    New Zealand International Equities

    10.82%
  • Harbour Enhanced Cash Fund

    New Zealand Cash and Equivalents

    10.02%
  • Harbour Real Estate Investment Fund

    New Zealand Listed Property

    9.67%
  • Harbour NZ Shares Index Fund

    New Zealand Australasian Equities

    8.8%
Type Target Actual
Cash and Cash Equivalents 10.0%% 10.02%%
New Zealand Fixed Interest 20.0%% 20.64%%
International Fixed Interest 20.0%% 20.83%%
Australasian Equities 10.0%% 8.8%%
International Equities 30.0%% 30.05%%
Listed Properties 10.0%% 9.67%%
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 by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

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 2024 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.