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 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 and research organisations.
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
EUR Current Account
Luxembourg Cash and Equivalents0.74% -
United States Treasury 0.125% 31 May 2022
United States Int Fixed Interest AA+0.63% -
Cash Deposit (J.P. Morgan USD)
United States Cash and Equivalents A-10.55% -
Denmark Government Bond 4.5% 15 Nov 2039
Denmark Int Fixed Interest AAA0.51% -
United States Treasury 2.375% 15 Aug 2024
United States Int Fixed Interest AA+0.47% -
United States Treasury 2.25% 30 Apr 2024
United States Int Fixed Interest AA+0.43% -
United States Treasury 1.375% 31 Jan 2022
United States Int Fixed Interest AA+0.36% -
United States Treasury 2.75% 15 Feb 2028
United States Int Fixed Interest AA+0.34% -
United States Treasury 2% 31 Dec 2021
United States Int Fixed Interest AA+0.3% -
Hong Kong Government Bond 1.1% 17 Jan 2023
Hong Kong Int Fixed Interest AA+0.29%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue June 30th 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 Tue June 30th 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 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 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."
| Value | $3.5M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | 243 |
| Fund started | Mon Oct. 1st 2007 |
| Total annual fund fees | 0.78% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.75% |
| Administration charges | 0.03% |
| Total other charges | 18.0 |
| Total other charges currency | NZD |
Key Personnel
|
Paul Huxford |
Currently: Chief Investment Officer, New Zealand (2 years, 0 months) |
|
Maaike Van Tol |
Currently: Co-Head of Diversified Portfolio Management (1 years, 4 months) |
|
Iain Cox |
Currently: Australasian Head of Fixed Interest and Cash (6 years, 4 months) |
|
Peter Jones |
Currently: Senior Manager, Investment Management (8 years, 5 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
