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ANZ Conservative Balanced Fund

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Not Mindful
Type: Balanced fund
Past Returns: 3.08%

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

Annual Fees: 0.91%

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.

Fossil Fuel

BHP Billiton Ltd 0.15%
Koninklijke Vopak Nv 0.09%
Kinder Morgan Inc 0.07%
Oil Search Limited 0.07%
Enbridge Inc 0.07%
Origin Energy Ltd 0.06%
Williams Cos Inc 0.06%
Viva Energy Group 0.05%
Dominion Energy Inc 0.03%
Cms Energy Corp 0.02%
Royal Dutch Shell 0.02%
Bp Plc 0.01%
Phillips 66 0.01%
Valero Energy Corp 0.01%
Repsol Sa 0.01%
Lukoil Pjsc-Spon Adr 0.01%
Total Sa 0.01%

Weapons

United Technologies 0.08%
Safran Sa 0.07%
Rolls Royce Holdings 0.05%
Bae Systems Plc 0.02%
Oshkosh Corp 0.01%
Raytheon Co 0.01%

Gambling

Aristocrat Leisure 0.10%
Sky City Entertainment Group 0.06%
Tabcorp Holdings Ltd 0.03%
Sands China Limited 0.01%

Alcohol

Lvmh Moet Hennessy 0.25%
Diageo Plc 0.19%
Heineken Nv 0.14%
Pernod-Ricard Sa 0.14%
Anheuser-Busch 0.05%
Carlsberg As - B Shs 0.05%
Metcash Ltd 0.05%
Treasury Wine Est 0.03%
Ambev Sa 0.02%

GMOs

Bayer Ag 0.15%
Nufarm Limited 0.07%

Human Rights & Environmental Violations

Nestle Sa 0.39%
Essity Aktiebolag-B 0.23%
BHP Billiton Ltd 0.15%
Johnson & Johnson 0.14%
Rio Tinto Limited 0.10%
Duke Energy Corp 0.08%
Sempra Energy 0.06%
Royal Dutch Shell 0.02%

Animal Testing

Nestle Sa 0.390%
Lvmh Moet Hennessy 0.250%
Essity Aktiebolag-B 0.230%
Reckitt Benckiser 0.200%
Bayer Ag 0.150%
Koninklijke Dsm Nv 0.140%
Danone 0.140%
Johnson & Johnson 0.140%
Air Liquide 0.140%
Unilever Nv Ord 0.110%
Colgate Palmolive 0.110%
Akzo Nobel N.V 0.090%
Ppg Industries Inc 0.090%
Coca Cola Co 0.070%
Pepsico Inc 0.060%
Burberry Group Plc 0.030%
Walgreens Boots Alli 0.020%
Glaxosmithkline Plc 0.020%
Royal Dutch Shell 0.020%

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 FND2187
Name ANZ Conservative Balanced Fund
Risk profile Balanced fund
Description The Conservative Balanced Fund invests mainly in income assets (cash and cash equivalents and fixed interest), with some exposure to growth assets (equities, listed property and listed infrastructure). The fund may also invest in alternative assets.The Conservative Balanced Fund aims to achieve (after the fund charge and before tax) over the long-term a modest to moderate yearly return allowing for modest to moderate movements of value up and down including occasional negative yearly returns.
Value $1.3B NZD
Members 49,136
Market index description The market index annual return is calculated using the target investment mix and the indices of each asset class. Additional information about the market index is available in the statement of investment policy and objectives on the offer register.
Period of data report Tue June 30th 2020
Fund started Mon Oct. 1st 2007
Three-year average return 3.08%
Market index past year return 4.29%
Past year return net of charges and tax 3.24%
Past year return net of charges gross of tax 4.36%
Market index return since fund started 7.42%
Return since fund started net 5.82%
Total annual fund fees 0.91%
Total performance based fees 0.0%
Manager's basic fee 0.85%
Administration charges 0.06%
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)

  • 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)

  • 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)

  • Mia Prkusic

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

  • 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 -1.89% 0.17%
2019 5.68% 4.94%
2018 5.63% 4.12%
2017 6.10% 3.69%
2016 4.01% 3.58%
2015 11.09% 10.84%
2014 7.28% 5.36%
2013 10.75% 9.36%
2012 1.75% 3.67%
2011 5.30% 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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Cash Deposit (J.P. Morgan USD)
    United States Cash and Equivalents A-1
    1.53%
  • NZ Govt Stock 15/04/2037 2.75%
    New Zealand NZ Fixed Interest AA+
    1.32%
  • ASB Registered Certificate Of Deposit 28/08/2020
    New Zealand Cash and Equivalents A-1+
    1.27%
  • ASB Registered Certificate Of Deposit 25/09/2020
    New Zealand Cash and Equivalents A-1+
    1.25%
  • NZ Govt Stock 20/04/2029 3%
    New Zealand NZ Fixed Interest AA+
    1.12%
  • BNZ Registered Certificate Of Deposit 12/08/2020
    New Zealand Cash and Equivalents A-1+
    1.09%
  • NZ Govt Stock 15/04/2025 2.75%
    New Zealand NZ Fixed Interest AA+
    0.92%
  • NZ Govt Stock 15/05/2031 1.50%
    New Zealand NZ Fixed Interest AA+
    0.9%
  • ASB Registered Certificate Of Deposit 15/09/2020
    New Zealand Cash and Equivalents A-1+
    0.9%
  • Fisher and Paykel Healthcare
    New Zealand Australasian Equities
    0.87%

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 15.0% 15.81%
New Zealand Fixed Interest 15.0% 13.82%
International Fixed Interest 35.0% 31.37%
Australasian Equities 8.0% 9.28%
International Equities 21.0% 23.49%
Listed Properties 4.5% 4.73%
Unlisted Properties 0.0% 0.0%
Other 1.5% 1.5%
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:
    0.94%
  • Animal Testing:
    2.47%
  • Fossil Fuels:
    0.86%
  • Gambling:
    0.21%
  • GMOs:
    0.22%
  • Human Rights & Environmental Violations:
    1.19%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.27%

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 Conservative Balanced Fund invests mainly in income assets (cash and cash equivalents and fixed interest), with some exposure to growth assets (equities, listed property and listed infrastructure). The fund may also invest in alternative assets.The Conservative Balanced Fund aims to achieve (after the fund charge and before tax) over the long-term a modest to moderate yearly return allowing for modest to moderate movements of value up and down including occasional negative yearly returns."

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.