OneAnswer New Zealand Fixed Interest Fund

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Not Mindful
Type: Defensive fund
Past Returns: 3.60%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.59%

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.


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 June 30th 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.

A summary of this fund and its details.

Number FND2177
Name OneAnswer New Zealand Fixed Interest Fund
Risk profile Defensive fund
Description The New Zealand Fixed Interest Fund invests mainly in New Zealand fixed interest assets. Investments may include:• fixed interest assets in New Zealand dollars, or issued by New Zealand located or incorporated entities and hedged back to New Zealand dollars, and• cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is in line with the relevant market index.
Value $11M NZD
Members 464
Market index description S&P/NZX NZ Government Bond Index
Period of data report Tue June 30th 2020
Fund started Mon Oct. 1st 2007
Three-year average return 3.60%
Market index past year return 5.67%
Past year return net of charges and tax 4.36%
Past year return net of charges gross of tax 6.06%
Market index return since fund started 5.43%
Return since fund started net 3.84%
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.55%
Administration charges 0.04%
Total other charges 18.0
Total other charges currency NZD

Key Personnel

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Alan Clarke

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

  • Andrew Mortimer

    Currently: Fund Manager (1 years, 10 months)
    Previously: Senior Investment Analyst (contractor), ANZ Bank New Zealand Limited (0 years, 10 months)

  • Angus Simpson

    Currently: Equity Analyst (2 years, 3 months)
    Previously: Equity Analyst, UBS New Zealand (2 years, 11 months)

  • Craig Brown

    Currently: Portfolio Manager, Australasian Equities (5 years, 11 months)
    Previously: Senior Investment Analyst, ANZ Bank New Zealand Limited (6 years, 6 months)

  • Craig Brown

    Currently: Portfolio Manager, Australasian Equities (5 years, 11 months)
    Previously: Senior Investment Analyst, ANZ Bank New Zealand Limited (6 years, 6 months)

  • Craig Tyson

    Currently: Head of Australasian Listed Property Securities (2 years, 4 months)
    Previously: Investment Manager, ANZ Bank New Zealand Limited (12 years, 1 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Iain Cox

    Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months)
    Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Maaike Van Tol

    Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months)
    Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

  • Mathew Young

    Currently: Head of Investment Implementation and FX Strategy (1 years, 4 months)
    Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

  • Mathew Young

    Currently: Head of Investment Implementation and FX Strategy (1 years, 4 months)
    Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

  • Mathew Young

    Currently: Head of Investment Implementation and FX Strategy (1 years, 4 months)
    Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

  • Mathew Young

    Currently: Head of Investment Implementation and FX Strategy (1 years, 4 months)
    Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

  • Mathew Young

    Currently: Head of Investment Implementation and FX Strategy (1 years, 4 months)
    Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

  • Max Lesser

    Currently: Fund Manager (1 years, 10 months)
    Previously: Senior Investment Analyst (contractor), ANZ Bank New Zealand Limited (0 years, 5 months)

  • Mia Prkusic

    Currently: Fund Manager Fixed Interest (0 years, 10 months)
    Previously: Assistant Portfolio Manager, ANZ Bank NewZealand Limited (1 years, 5 months)

  • Mia Prkusic

    Currently: Fund Manager Fixed Interest (0 years, 10 months)
    Previously: Assistant Portfolio Manager, ANZ Bank New Zealand Limited (1 years, 5 months)

  • Neal Burghardt

    Currently: Equity Analyst (0 years, 7 months)
    Previously: Associate Equity Analyst, ACC New Zealand (4 years, 4 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Paul Huxford

    Currently: Chief Investment Officer, New Zealand (2 years, 0 months)
    Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

  • Peter Jones

    Currently: Senior Manager, Investment Management (8 years, 5 months)
    Previously: Head of Fixed Interest, ANZ Bank New Zealand Limited (6 years, 0 months)

  • Ray Jack

    Currently: Credit Analyst (4 years, 10 months)
    Previously: Investment Analyst, ANZ Bank New Zealand Limited (12 years, 4 months)

  • Ray Jack

    Currently: Credit Analyst (4 years, 10 months)
    Previously: Investment Analyst, ANZ Bank New Zealand Limited (12 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.

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 1.56% 3.47%
2019 2.36% 4.32%
2018 2.10% 3.01%
2017 1.65% 0.9%
2016 2.72% 4.58%
2015 4.23% 6.31%
2014 2.00% -1.0%
2013 3.15% 5.1%
2012 3.62% 6.3%
2011 3.17% 5.44%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • NZ Govt Stock 15/04/37 2.75%
    New Zealand NZ Fixed Interest AA+
    9.59%
  • NZ Govt Stock 20/04/29 3%
    New Zealand NZ Fixed Interest AA+
    8.23%
  • NZ Govt Stock 15/04/25 2.75%
    New Zealand NZ Fixed Interest AA+
    6.84%
  • NZ Govt Stock 15/5/2031 1.50%
    New Zealand NZ Fixed Interest AA+
    6.58%
  • NZ Govt Stock 14/4/2033 3.50%
    New Zealand NZ Fixed Interest AA+
    5.82%
  • NZ Govt Stock 5.5% 2023
    New Zealand NZ Fixed Interest AA+
    5.13%
  • NZ Govt Stock 4.5% 2027
    New Zealand NZ Fixed Interest AA+
    5.05%
  • ASB 19/8/24 1.83%
    New Zealand NZ Fixed Interest AA-
    4.3%
  • Kiwibank 20/09/24 2.155%
    New Zealand NZ Fixed Interest A+
    3.6%
  • ANZ Bank 20/3/24 3.03%
    New Zealand NZ Fixed Interest AA-
    2.69%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 30 June 2020 .

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.02%
New Zealand Fixed Interest 100.0% 99.98%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
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 30 June 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:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

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 June 30th 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 New Zealand Fixed Interest Fund invests mainly in New Zealand fixed interest assets. Investments may include:• fixed interest assets in New Zealand dollars, or issued by New Zealand located or incorporated entities and hedged back to New Zealand dollars, and• cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is in line with the relevant market index."

Download the fund's disclosure statement and portfolio holdings.

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