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.
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 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 | FND2178 |
| Name | OneAnswer International Fixed Interest Fund |
| Risk profile | Defensive fund |
| Description | The International Fixed Interest Fund invests mainly in international fixed interest assets. Investments may include:• fixed interest assets issued by governments or international companies, 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 | $3.0M NZD |
| Members | 244 |
| Market index description | Bloomberg Barclays Global Treasury index (100% hedged to NZD), Bloomberg Barclays Global Aggregate Corporate index (100% hedged to NZD) |
| Disclosure Statement Period | Tue March 31st 2020 |
| Fund started | Mon Oct. 1st 2007 |
| Three-year average return | 3.29% |
| Market index past year return | 7.91% |
| Past year return net charges and tax | 5.67% |
| Past year return net of charges gross of tax | 7.91% |
| Market index return since fund started | 6.11% |
| Return since fund started net | 3.55% |
| Total annual fund fees | 0.79% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.75% |
| Administration charges | 0.04% |
| Total other charges | 24.0 |
| Total other charges currency | NZD |
Key Personnel
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Alan Clarke
Currently: Co-Head of Diversified Portfolio Management (1 years, 1 months)
Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months) -
Andrew Mortimer
Currently: Fund Manager (1 years, 7 months)
Previously: Senior Investment Analyst (contractor), ANZ Bank New Zealand Limited (0 years, 10 months) -
Angus Simpson
Currently: Equity Analyst (2 years, 0 months)
Previously: Equity Analyst, UBS New Zealand (2 years, 11 months) -
Craig Brown
Currently: Portfolio Manager, Australasian Equities (5 years, 8 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, 1 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, 1 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, 1 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, 1 months)
Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months) -
Max Lesser
Currently: Fund Manager (1 years, 7 months)
Previously: Senior Investment Analyst (contractor), ANZ Bank New Zealand Limited (0 years, 5 months) -
Mia Prkusic
Currently: Fund Manager Fixed Interest (0 years, 7 months)
Previously: Assistant Portfolio Manager, ANZ Bank NewZealand Limited (1 years, 5 months) -
Neal Burghardt
Currently: Equity Analyst (0 years, 4 months)
Previously: Associate Equity Analyst, ACC New Zealand (4 years, 4 months) -
Paul Huxford
Currently: Chief Investment Officer, New Zealand (1 years, 9 months)
Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months) -
Peter Jones
Currently: Senior Manager, Investment Management (8 years, 2 months)
Previously: Head of Fixed Interest, ANZ Bank New Zealand Limited (6 years, 0 months) -
Ray Jack
Currently: Credit Analyst (4 years, 7 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 31 March 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% | 5.67% |
| 2019 | 2.36% | 2.95% |
| 2018 | 2.10% | 1.25% |
| 2017 | 1.65% | 0.44% |
| 2016 | 2.72% | 3.01% |
| 2015 | 4.23% | 7.75% |
| 2014 | 2.00% | 1.0% |
| 2013 | 3.15% | 4.7% |
| 2012 | 3.62% | 5.95% |
| 2011 | 3.17% | 3.03% |
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 31 March 2020 .
Showing the top 10 investments for this fund:
-
United States Treasury 1.375% 31 Jan 2022
United States Int Fixed Interest AA+1.77% -
NZD Current Account (Jpm)
New Zealand Cash and Equivalents A-11.55% -
Forward Foreign Exchange USD 05/05/20
United States Int Fixed Interest1.44% -
United States Treasury 1.5% 15 Feb 2030
United States Int Fixed Interest AA+1.4% -
United States Treasury 2.375% 15 Nov 2049
United States Int Fixed Interest AA+1.02% -
Denmark Government Bond 4.5% 15 Nov 2039
Denmark Int Fixed Interest AAA0.99% -
United States Treasury 2.375% 15 Aug 2024
United States Int Fixed Interest AA+0.83% -
United States Treasury 2.625% 15 Jul 2021
United States Int Fixed Interest AA+0.77% -
United States Treasury 2% 30 Nov 2022
United States Int Fixed Interest AA+0.76% -
United States Treasury 1.5% 15 Jan 2023
United States Int Fixed Interest AA+0.7%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 31 March 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 | 0.0% | 0.0% |
| International Fixed Interest | 100.0% | 99.98% |
| 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 31 March 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:0.00%
-
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 31 March 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 International Fixed Interest Fund invests mainly in international fixed interest assets. Investments may include:• fixed interest assets issued by governments or international companies, 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.
