Aurora Retirementplus Age 45

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Fund type: Growth fund

Past Returns: No 3 year data yet

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

Annual Fees: 1.5%

Annual fees, including management and administration fees, but not membership 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

Aurora Future Focused Fund 0.39%

Weapons

Aurora Future Focused Fund 0.05%

Alcohol

Aurora Growth Fund 1.62%

Human Rights & Environmental Violations

Aurora Future Focused Fund 0.05%
Aurora Growth Fund 0.37%

Animal Testing

Aurora Future Focused Fund 0.98%
Aurora Growth Fund 3.75%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.

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.

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

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 Fri Dec. 31st 2021.

Showing the top 10 investments for this fund:

  • Mint Diversified Growth Fund
    New Zealand Fund
    79.32%
  • Ishares Msci World SRI-USD-D
    United States International Equities
    8.01%
  • Ishares USD Tips Ucits ETF (Acc)
    United States Int Fixed Interest
    2.95%
  • Ishares Global Green Bond ETF
    United States Int Fixed Interest
    2.01%
  • Ishares Global Timber & Forestry ETF
    United States International Equities
    1.39%
  • Cash At Bank
    New Zealand Cash and Equivalents
    1.36%
  • Ishares Sust Msci Em SRI
    United States International Equities
    1.35%
  • Ishares Global Clean Energy
    United States International Equities
    1.33%
  • Ishares Global Water Ucits ETF USD (Dist)
    United States International Equities
    1.33%
  • AMP Capital NZ Cash Fund
    New Zealand Cash and Equivalents
    0.82%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 13.0% 12.51%
New Zealand Fixed Interest 6.0% 5.88%
International Fixed Interest 6.0% 5.56%
Australasian Equities 11.0% 11.18%
International Equities 61.0% 61.19%
Listed Properties 4.0% 3.68%
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 Fri Dec. 31st 2021.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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:
    1.62%
  • Animal Testing:
    4.72%
  • Fossil Fuels:
    0.39%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.43%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.05%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

In their own words

"RetirementPlus age 45 is a representation of the RetirementPlus life cycle. This investment option invests 80% in the Aurora Growth Fund and 20% in the Aurora Climate Change Fund."

Value $81k NZD
Period of data report Fri Dec. 31st 2021
Members 11
Fund started Sat Jan. 9th 2021
Total annual fund fees 1.5%
Total performance based fees 0.0%
Manager's basic fee 1.5%
Other management and administration charges 0.0%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

Simon Rolland

Currently: CEO & Director Aurora Capital (0 years, 8 months)
Previously: CEO & Director Aurora Financial (6 years, 0 months)

Sean Henaghan

Currently: CIO & Director Aurora Capital (0 years, 8 months)
Previously: CIO & Director Multi-Asset Group AMP Capital (5 years, 0 months)

Thomas Mcrobie

Currently: Investment Analyst Aurora Capital (0 years, 8 months)
Previously: Financial adviser Aurora Financial (2 years, 0 months)

Ian Coates

Currently: Head of KiwiSaver Aurora Financial (1 years, 5 months)
Previously: Claims manager & adviser EQC (7 years, 0 months)

James Fleming

Currently: Investment Analyst Aurora Capital (0 years, 8 months)
Previously: Financial adviser Aurora Financial (2 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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