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:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Thermo Fisher Scientific Inc 0.38%
    • Nutrien Ltd 0.12%
    • LVMH Moet Hennessy Louis Vui 0.36%
    • L'Oreal 0.30%
    • Procter & Gamble Co/The 0.15%
    • Nutrien Ltd 0.12%
    • Tapestry Inc 0.11%
    • Unilever PLC 0.06%
    • Contact Energy Ltd 1.99% 1.5°C
      This company is on a 1.5°C pathway

Fund Provider Response

All companies are exposed to varying levels of ESG risks. Mint analyses the most material ESG risks companies are exposed to, and we expect our investee companies to manage these risks appropriately. If their risk management falls short of our expectations, in most cases we prefer to engage with the company to encourage sustainable change. Engagement is preferred to divestment as divesting reduces our ability to positively influence. Please see the Responsible Investing section of our website for more info: https://www.mintasset.co.nz/responsibleinvesting

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.

About this fund

Provides exposure to a diversified fund that invests across a number of asset classes both in New Zealand and internationally. These include cash, fixed interest, listed property, and equities

Value $4.28M NZD
Period of data report 30th June 2024
Members 205
Fund started 5th Oct. 2020
Total annual fund fees 0.95%
Total performance based fees 0.0%
Manager's basic fee 0.76%
Other management and administration charges 0.19%
Total other charges 0.0
Total other charges currency NZD

Mike Heath

Currently: Investment Committee Member (4 years, 3 months)
Previously: General Manager, InvestNow (6 years, 3 months)

Anthony Edmonds

Currently: Investment Committee Member (4 years, 3 months)
Previously: Director, FundRock NZ and InvestNow (13 years, 7 months)

Anthony Sowerby

Currently: Investment Committee Member (4 years, 3 months)
Previously: Head of Investment Management Oversight, FundRock NZ (2 years, 9 months)

Jason Choy

Currently: Investment Committee Member (1 years, 11 months)
Previously: Senior Portfolio Manager, FundRock NZ and InvestNow (2 years, 1 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.

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
2024 6.55% 5.75%
2023 -1.85% -2.24%
2022 -0.74% -0.7%

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 30th June 2024.

Top 10 Investments

  • Mint Diversified Income Fund
    New Zealand Fund
    100.0%
Type Target Actual
Cash and Cash Equivalents 5.0% 3.59%
New Zealand Fixed Interest 50.0% 58.8%
International Fixed Interest 15.0% 8.8%
Australasian Equities 20.0% 14.57%
International Equities 10.0% 10.24%
Listed Properties 0.0% 4.01%
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.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.