Not Mindful
Fund type: Aggressive fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership 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
Anglo American PLC 0.04%
Arcelormittal SA 0.02%
Atmos Energy Corp 0.01%
BHP Group Ltd 0.12%
BHP Group PLC 0.05%
Canadian Natural Resources Ltd 0.03%
Cheniere Energy Inc 0.01%
Chevron Corp 0.22%
Ck Hutchison Holdings Ltd 0.02%
Coca-Cola Co/The 0.25%
Conocophillips 0.08%
Devon Energy Corp 0.01%
Dominion Energy Inc 0.07%
Enbridge Inc 0.08%
Engie SA 0.02%
Eni Spa 0.02%
Eog Resources Inc 0.03%
Equinor Asa 0.01%
Exxon Mobil Corp 0.26%
Franco-Nevada Corp 0.02%
Genesis Energy Ltd 0.27%
Glencore PLC 0.03%
Hess Corp 0.02%
Hong Kong & China Gas Co Ltd 0.02%
Itochu Corp 0.04%
Jardine Matheson Holdings Ltd 0.01%
Kinder Morgan Inc 0.03%
Lyondellbasell Industries Nv 0.02%
Marathon Petroleum Corp 0.03%
Marubeni Corp 0.01%
Mitsubishi Corp 0.04%
Mitsui & Co Ltd 0.03%
Neste Oyj 0.02%
Occidental Petroleum Corp 0.02%
Oneok Inc 0.02%
Pembina Pipeline Corp 0.01%
Phillips 66 0.03%
Pioneer Natural Resources Co 0.03%
Public Service Enterprise Group Inc 0.03%
Repsol SA 0.01%
Royal Dutch Shell PLC-A Shs-Lon 0.09%
Royal Dutch Shell PLC-B Shs 0.07%
Sumitomo Corp 0.02%
Suncor Energy Inc 0.03%
Tc Energy Corp 0.04%
Total Se 0.13%
Valero Energy Corp 0.02%
Williams Cos Inc/The 0.03%
Woodside Petroleum Ltd 0.02%
Weapons
Amphenol Corp 0.04%
Howmet Aerospace Inc 0.01%
Mitsubishi Heavy Industries Ltd 0.01%
Teledyne Technologies Inc 0.02%
Transdigm Group Inc 0.03%
Tobacco
Alimentation Couche-Tard Inc 0.03%
Seven & I Holdings Co Ltd 0.03%
Gambling
Aristocrat Leisure Ltd 0.01%
Evolution Gaming Group 0.02%
Flutter Entertainment PLC 0.03%
Galaxy Entertainment Group Ltd 0.01%
Las Vegas Sands Corp 0.02%
Mgm Resorts International 0.02%
Skycity Entertainment Group Ltd 0.40%
Vici Properties Inc 0.01%
Wynn Resorts Ltd 0.01%
Adult Entertainment/Pornography
Mgm Resorts International 0.02%
Alcohol
Anheuser-Busch Inbev SA/Nv 0.04%
Asahi Group Holdings Ltd 0.01%
Brown-Forman Corp 0.02%
Carlsberg As 0.02%
Constellation Brands Inc 0.04%
Diageo PLC 0.11%
Heineken Nv 0.03%
Kirin Holdings Co Ltd 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.20%
Pernod Ricard SA 0.03%
Palm Oil
GMOs
Corteva Inc 0.04%
Human Rights & Environmental Violations
Archer-Daniels-Midland Co 0.03%
BHP Group Ltd 0.12%
BHP Group PLC 0.05%
Barrick Gold Corp-Tse 0.03%
Bayer AG 0.07%
Chevron Corp 0.22%
Duke Energy Corp 0.07%
Freeport-Mcmoran Inc 0.04%
Glencore PLC 0.03%
Johnson & Johnson 0.47%
Motorola Solutions Inc 0.03%
Nestle SA 0.36%
Rio Tinto Ltd 0.03%
Rio Tinto PLC 0.09%
Royal Dutch Shell PLC-A Shs-Lon 0.09%
Royal Dutch Shell PLC-B Shs 0.07%
Sempra Energy 0.03%
Animal Testing
Air Liquide SA 0.08%
Akzo Nobel Nv 0.02%
Albemarle Corp 0.01%
Archer-Daniels-Midland Co 0.03%
Asahi Group Holdings Ltd 0.01%
Avantor Inc 0.01%
Basf Se 0.08%
Bayer AG 0.07%
Celanese Corp 0.02%
Chevron Corp 0.22%
Church & Dwight Co Inc 0.02%
Clorox Co/The 0.02%
Coca-Cola Co/The 0.25%
Corteva Inc 0.03%
Covestro AG 0.01%
Danone SA 0.03%
Dow Inc 0.04%
Dupont De Nemours Inc 0.04%
Eastman Chemical Co 0.01%
Ecolab Inc 0.05%
Estee Lauder Cos Inc/The 0.07%
Fmc Corp 0.01%
Fujifilm Holdings Corp 0.02%
General Mills Inc 0.03%
Givaudan SA 0.03%
Glaxosmithkline PLC 0.09%
Henkel AG & Co Kgaa Vorzug 0.02%
Hermes International 0.03%
Hp Inc 0.04%
Ingersoll Rand Inc 0.02%
International Flavors & Fragrances Inc 0.02%
Johnson & Johnson 0.47%
Kao Corp 0.03%
Kellogg Co 0.01%
Kerry Group PLC 0.01%
Keurig Dr Pepper Inc 0.01%
Kimberly-Clark Corp 0.04%
Kirin Holdings Co Ltd 0.01%
Koninklijke Dsm Nv 0.03%
Kraft Heinz Co/The 0.02%
L'Oreal SA 0.09%
LVMH Moet Hennessy Louis Vuitton Se 0.20%
Linde PLC-Etr 0.04%
Linde PLC-Ny 0.12%
Lyondellbasell Industries Nv 0.02%
Marubeni Corp 0.01%
Mondelez International Inc 0.09%
Mosaic Co/The 0.01%
Nestle SA 0.36%
Novozymes A/S 0.01%
Nutrien Ltd 0.02%
PPG Industries Inc 0.03%
Pepsico Inc 0.21%
Procter & Gamble Co/The 0.36%
Reckitt Benckiser Group PLC 0.07%
Royal Dutch Shell PLC-A Shs-Lon 0.09%
Royal Dutch Shell PLC-B Shs 0.07%
Seven & I Holdings Co Ltd 0.03%
Sherwin-Williams Co/The 0.05%
Shin-Etsu Chemical Co Ltd 0.05%
Shiseido Co Ltd 0.02%
Solvay SA 0.01%
Svenska Cellulosa Ab Sca 0.01%
Symrise AG 0.01%
Tesco PLC 0.02%
Umicore SA 0.01%
Unicharm Corp 0.01%
Unilever PLC - EUR 0.08%
Unilever PLC - Gbp 0.07%
Yara International Asa 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 Wed March 31st 2021 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.
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 |
|---|---|---|
| 2021 | 36.11% | 28.42% |
| 2020 | -6.34% | -3.18% |
| 2019 | 9.78% | 10.38% |
| 2018 | 6.95% | 8.25% |
| 2017 | 10.40% | 9.27% |
| 2016 | 4.51% | 4.01% |
| 2015 | 15.30% | 19.22% |
| 2014 | 10.31% | 13.59% |
| 2013 | 13.23% | 10.34% |
| 2012 | -5.15% | -4.95% |
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 Wed March 31st 2021.
Showing the top 10 investments for this fund:
-
AMP Global Index Shares - Nwin
New Zealand International Equities53.11% -
AMP NZ Shares Index Fund - Aif Pe
New Zealand Australasian Equities20.06% -
AMP Hedged Global Index Shares - Aif Hpi
New Zealand International Equities11.55% -
AMP Australasian Property Fund - Aifp
New Zealand Listed Property10.01% -
ANZ Wholesale Cash Fund
New Zealand Cash and Equivalents2.19% -
AMP Hedged Global Fixed Interest Fund - Aif Pq
New Zealand Int Fixed Interest2.08% -
ANZ Sovereign Bond Fund
New Zealand NZ Fixed Interest0.5% -
ANZ High Grade Bond Fund
New Zealand NZ Fixed Interest0.5%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed March 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 2.19% |
| New Zealand Fixed Interest | 1.0% | 1.0% |
| International Fixed Interest | 2.0% | 2.08% |
| Australasian Equities | 20.0% | 20.06% |
| International Equities | 65.0% | 64.66% |
| Listed Properties | 10.0% | 10.01% |
| 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 Wed March 31st 2021.
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).
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:0.02%
-
Alcohol:0.62%
-
Animal Testing:4.98%
-
Fossil Fuels:3.20%
-
Gambling:0.63%
-
GMOs:0.04%
-
Human Rights & Environmental Violations:1.97%
-
Palm Oil:0.01%
-
Tobacco:0.07%
-
Weapons:0.17%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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.
In their own words
"The Automatic Fund is a life cycle investment option. Its objective is to achieve the optimum long term outcome by accepting a higher investment risk and return volatility in the early stages of a member’s working life as a trade-off for potentially higher returns"
| Value | $370k NZD |
| Period of data report | Wed March 31st 2021 |
| Members | 133 |
| Fund started | Sun Jan. 7th 2007 |
| Total annual fund fees | 0.5% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.44% |
| Other management and administration charges | 0.06% |
| Total other charges | 54.0 |
| Total other charges currency | NZD |
Key Personnel
|
Basil Morrison |
Currently: LGST Chairman (9 years, 10 months) |
|
Graeme Mitchell |
Currently: Licensed Independent Trustee (8 years, 7 months) |
|
Ian Brown |
Currently: Chief Executive Officer (Civic Financial Services) (4 years, 1 months) |
|
Glenn Watkin |
Currently: Chief Financial Officer (Civic Financial Services) (2 years, 2 months) |
|
Chathuri Mendis |
Currently: Investment Accountant (Civic Financial Services) (2 years, 2 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
