Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Thermo Fisher Scientific Inc 0.93%
    • Caterpillar Inc 0.17%
    • Mtn Group Ltd 0.03%
    • Nutrien Ltd 0.51%
    • Bunge Ltd 0.02%
    • Newcrest Mining Ltd 0.02%
    • Nhpc Ltd 0.02%
    • Posco 0.02%
    • Evergreen Marine Corp Ltd 0.01%
    • Estee Lauder Companies-Cl A 0.85%
    • LVMH Moet Hennessy Louis Vui 0.85%
    • L'Oreal 0.69%
    • Nutrien Ltd 0.51%
    • PPG Industries Inc 0.43%
    • Unilever PLC 0.39%
    • 3M Co 0.33%
    • Ecolab Inc 0.21%
    • L'Oreal SA 0.17%
    • Hermes International 0.10%
    • Hindustan Unilever Ltd 0.07%
    • Kimberly-Clark Corp 0.07%
    • Givaudan-Reg 0.05%
    • Hanwha Solutions Corp 0.05%
    • Koninklijke Ahold Delhaize N 0.05%
    • Nippon Paper Industries Co L 0.05%
    • Asian Paints Ltd 0.04%
    • Intl Flavor & Fragrances 0.03%
    • Kao Corp 0.03%
    • The Clorox Co. 0.03%
    • Akzo Nobel Nv 0.02%
    • Beiersdorf AG 0.02%
    • Sk Innovation Co Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Contact Energy Ltd 0.63% 1.5°C
      This company is on a 1.5°C pathway
    • Consolidated Edison Inc 0.25%
    • Iberdrola SA 0.13% 1.5°C
      This company is on a 1.5°C pathway
    • Edp-Energias De Portugal SA 0.08% 1.5°C
      This company is on a 1.5°C pathway
    • Engie 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Phillips 66 Co 0.07%
    • Valero Energy Corp 0.07%
    • E.On Se 0.06%
    • Iberdrola Finanzas Sau 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • Cheniere Energy Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Iberdrola Intl Bv 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Kinder Morgan Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Northland Power Inc 0.05%
    • Halliburton Co 0.04%
    • Oneok Inc 0.04%
    • Rwe AG 0.04%
    • Atmos Energy Corp 0.03%
    • Clearway Energy Inc-A 0.03%
    • Edp Finance Bv 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Enel Finance Intl Nv 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Enn Energy Holdings Ltd 0.03%
    • Erg Spa 0.03%
    • Neste Oyj 0.03%
    • Pembina Pipeline Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • A2A Spa 0.02%
    • Enel Americas SA 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Lg Corp 0.02%
    • Sk Innovation Co Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Taiwan Cement 0.02%
    • Cgnpc International Ltd 0.01%
    • Cosan SA 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Edp - Energias Do Brasil SA 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • Enbw Intl Finance Bv 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • Esb Finance Dac 0.01%
    • Vattenfall Ab 0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31st March 2023 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.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

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.

About this fund

RetirementPlus age 50 is a representation of the RetirementPlus life cycle. This investment option invests 50% in the Aurora Growth Fund and 50% in the Aurora Future Focused Fund.

Value $2.9M NZD
Period of data report 30th June 2023
Members 65
Fund started 1st Sept. 2021
Total annual fund fees 1.49%
Total performance based fees 0.0%
Manager's basic fee 0.87%
Other management and administration charges 0.62%
Total other charges 36.0
Total other charges currency NZD

Simon Rolland

Currently: CEO & Director, Aurora Capital (2 years, 2 months)
Previously: CEO & Director, Aurora Financial (6 years, 0 months)

Sean Henaghan

Currently: CIO & Director, Aurora Capital (2 years, 2 months)
Previously: CIO & Director, Multi-Asset Group, AMP Capital (5 years, 0 months)

Ian Coates

Currently: General Manager, Aurora Capital (1 years, 4 months)
Previously: Head of KiwiSaver, Aurora Financial (2 years, 0 months)

Thomas Mcrobie

Currently: Investment Analyst, Aurora Capital (2 years, 2 months)
Previously: Financial adviser, Aurora Financial (2 years, 1 months)

George Steele

Currently: Operations Lead (1 years, 3 months)
Previously: Compliance Officer (0 years, 11 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2023.

Past Returns

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
2023 -3.87% -3.65%

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 30th June 2023.

Top 10 Investments

  • Mint Diversified Growth Fund
    New Zealand Fund
    49.71%
  • Ishares Msci World SRI-USD-D
    United States International Equities
    20.66%
  • Ishares USD Tips Ucits ETF (Acc)
    United States Int Fixed Interest
    6.14%
  • Ishares Global Green Bond ETF
    United States Int Fixed Interest
    4.84%
  • Ishares Sust Msci Em SRI
    United States International Equities
    3.36%
  • Ishares Global Clean Energy
    United States International Equities
    3.26%
  • Ishares Global Water Ucits ETF USD (Dist)
    United States International Equities
    3.23%
  • Ishares Global Timber & Forestry ETF
    United States International Equities
    3.12%
  • Mercer Macquarie NZ Cash Fund
    New Zealand Cash and Equivalents
    2.94%
  • Ishares Global Govt Bond Ucits ETF
    United States International Equities
    1.81%
Type Target Actual
Cash and Cash Equivalents 3.606853% 5.01%
New Zealand Fixed Interest 0.090171% 5.73%
International Fixed Interest 18.03427% 11.09%
Australasian Equities 0.090171% 7.63%
International Equities 78.14848% 67.62%
Listed Properties 0.030057% 2.51%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.41%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2023.