Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
BP Capital Markets America Inc - 19/09/2022 0.01%
BP PLC 0.01%
Chevron Corp 0.02%
Equinor Asa - 10/09/2025 0.01%
Exxon Mobil Corp 0.02%
Nextera Energy Inc 0.02%
Royal Dutch Shell PLC-A Shs 0.01%
Shell International Finance Bv - 24/03/2021 0.01%
Total SA 0.01%
Weapons
Gambling
Skycity Entertainment Group Lt 0.06%
Alcohol
Diageo PLC 0.01%
LVMH Moet Hennessy Louis Vuitt 0.01%
Palm Oil
GMOs
Novartis AG 0.04%
Human Rights & Environmental Violations
Chevron Corp 0.02%
Johnson & Johnson 0.07%
Nestle SA 0.07%
Royal Dutch Shell PLC-A Shs 0.01%
Shell International Finance Bv - 24/03/2021 0.01%
Animal Testing
Chevron Corp 0.020%
Coca-Cola Co/The 0.030%
Glaxosmithkline PLC 0.010%
Johnson & Johnson 0.070%
LVMH Moet Hennessy Louis Vuitt 0.020%
Nestle SA 0.070%
Pepsico Inc 0.030%
Pepsico Inc - 15/10/2027 0.010%
Procter & Gamble Co/The 0.050%
Royal Dutch Shell PLC-A Shs 0.010%
Shell International Finance Bv - 24/03/2021 0.010%
Unilever Nv 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, Sustainalytics and research organisations.
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 |
---|---|---|
2020 | 1.07% | 0.68% |
2019 | 4.40% | 4.73% |
2018 | 3.80% | 3.15% |
2017 | 4.16% | 2.73% |
2016 | 3.52% | 3.42% |
2015 | 8.10% | 7.62% |
2014 | 3.88% | 2.66% |
2013 | 6.92% | 5.03% |
2012 | 3.16% | 2.28% |
2011 | 5.06% | 4.11% |
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:
-
ANZ Wholesale Cash Fund
New Zealand Cash and Equivalents31.01% -
ANZ Sovereign Bond Fund
New Zealand NZ Fixed Interest18.09% -
ANZ High Grade Bond Fund
New Zealand NZ Fixed Interest17.82% -
AMP Hedged Global Fixed Interest Fund - Aif Pq
New Zealand Int Fixed Interest15.55% -
AMP Global Index Shares - Nwin
New Zealand International Equities6.1% -
AMP NZ Shares Index Fund - Aif Pe
New Zealand Australasian Equities4.73% -
AMP Australasian Property Fund - Aifp
New Zealand Listed Property3.61% -
AMP Hedged Global Index Shares - Aif Hpi
New Zealand International Equities2.18% -
AMP SRI Global - Aifr
New Zealand International Equities0.93%
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 | 30.0% | 31.01% |
New Zealand Fixed Interest | 35.0% | 35.9% |
International Fixed Interest | 15.0% | 15.55% |
Australasian Equities | 5.0% | 4.73% |
International Equities | 10.0% | 9.21% |
Listed Properties | 5.0% | 3.61% |
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.14%
-
Animal Testing:0.74%
-
Fossil Fuels:0.67%
-
Gambling:0.08%
-
GMOs:0.10%
-
Human Rights & Environmental Violations:0.35%
-
Palm Oil:0.01%
-
Tobacco:0.00%
-
Weapons:0.02%
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, Sustainalytics 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 Conservative Fund target asset allocations are 20% in growth assets and 80% in income assets. Its objective is to reduce the likelihood of negative returns over the short term with higher proportions of investment in defensive assets such as cash and bonds while still providing an opportunity for positive real returns over the longer term by investing a smaller proportion of the Fund in growth assets such as equities and property."
Value | $9.2M NZD |
Period of data report | Tue March 31st 2020 |
Members | 286 |
Fund started | Fri Jan. 4th 2008 |
Total annual fund fees | 0.53% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.5% |
Administration charges | 0.03% |
Total other charges | 54.0 |
Total other charges currency | NZD |
Key Personnel
Basil Morrison |
Currently: LGST Chairman (8 years, 10 months) |
Graeme Mitchell |
Currently: Licensed Independent Trustee (7 years, 7 months) |
Ian Brown |
Currently: Chief Executive Officer (Civic Financial Services) (3 years, 1 months) |
Glenn Watkin |
Currently: Chief Financial Officer (Civic Financial Services) (1 years, 2 months) |
Chathuri Mendis |
Currently: Investment Accountant (Civic Financial Services) (1 years, 2 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.