Mindful Fund
Fund type: Balanced fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Alleghany Corp 0.02%
Ampol Ltd 0.03%
Apa Group 0.01%
Coca-Cola Co/The 0.10%
Coca-Cola Co/The 0.400000% 05/06/2030 0.07%
Enbridge Inc 0.03%
Genesis Energy Ltd 0.12%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.28%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.08%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.07%
Loews Corp 3.200000% 05/15/2030 0.14%
Marathon Petroleum Corp 0.01%
Neste Oyj 0.02%
New Zealand Refining Co Ltd 0.02%
Valero Energy Corp 0.02%
Viva Energy Group Ltd 0.03%
Weapons
Amphenol Tech Hlds Gmbh 2.000000% 10/08/2028 0.01%
Caci International Inc -Cl A 0.01%
Oshkosh Corp 0.01%
Science Applications Inte 0.01%
Teledyne Technologies Inc 0.02%
Transdigm Group Inc 0.02%
Tobacco
Casey'S General Stores Inc 0.01%
Seven & I Holdings Co Ltd 0.01%
Gambling
Palm Oil
GMOs
Human Rights & Environmental Violations
Johnson & Johnson 0.25%
Johnson & Johnson 1.300000% 09/01/2030 0.06%
Johnson & Johnson 2.450000% 03/01/2026 0.01%
Motorola Solutions Inc 0.02%
Rio Tinto Ltd 0.05%
Animal Testing
Akzo Nobel N.V. 0.01%
Albemarle Corp 0.01%
Arkema 0.01%
Avantor Inc 0.02%
Axalta Coating Systems Ltd 0.01%
Capri Holdings Ltd 0.01%
Chr Hansen Holding A/S 0.01%
Church & Dwight Co Inc 0.03%
Clorox Company 0.01%
Coca-Cola Co/The 0.10%
Coca-Cola Co/The 0.400000% 05/06/2030 0.07%
Coty Inc-Cl A 0.01%
Covestro AG 0.01%
Danone 0.02%
Dupont De Nemours Inc 0.02%
Ecolab Inc 0.03%
Estee Lauder Co Inc 2.600000% 04/15/2030 0.03%
Estee Lauder Companies-Cl A 0.05%
Fmc Corp 0.02%
General Mills Inc 0.03%
Givaudan-Reg 0.02%
Glaxosmithkline Capital 5.250000% 12/19/2033 0.06%
Glaxosmithkline PLC 0.02%
Hermes International 0.03%
Hp Inc 0.02%
Hp Inc 2.650000% 06/17/2031 0.09%
Hp Inc 3.400000% 06/17/2030 0.04%
Intl Flavors & Fragrances 0.02%
Johnson & Johnson 0.26%
Johnson & Johnson 1.300000% 09/01/2030 0.06%
Johnson & Johnson 2.450000% 03/01/2026 0.01%
Johnson Matthey PLC 0.01%
Kellogg Co 0.02%
Keurig Dr Pepper Inc 0.01%
Koninklijke Dsm Nv 0.01%
Kraft Heinz Co/The 0.01%
L'Oreal 0.05%
Nufarm Ltd 0.02%
PPG Industries Inc 0.03%
Pepsico Inc 0.09%
Procter & Gamble Co/The 0.20%
Procter & Gamble Co/The 1.125000% 11/02/2023 0.02%
Procter & Gamble Co/The 1.200000% 10/29/2030 0.08%
Procter & Gamble Co/The 1.250000% 10/25/2029 0.02%
Pvh Corp 0.01%
Ralph Lauren Corp 2.950000% 06/15/2030 0.08%
Reckitt Benckiser Group PLC 0.03%
Sainsbury (J) PLC 0.01%
Scotts Miracle-Gro Co 0.01%
Seven & I Holdings Co Ltd 0.01%
Sherwin-Williams Co/The 0.08%
Shin-Etsu Chemical Co Ltd 0.02%
Tapestry Inc 0.02%
Tesco PLC 0.02%
Umicore 0.01%
Unilever Finance 1.625000% 02/12/2033 0.01%
Unilever PLC-Sponsored Adr 0.10%
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 |
---|---|---|
2021 | 16.64% | 27.91% |
2020 | -1.20% | -3.76% |
2019 | 5.69% | 6.46% |
2018 | 5.19% | 2.57% |
2017 | 5.86% | 4.92% |
2016 | 4.01% | 11.24% |
2015 | 11.09% | 12.93% |
2014 | 7.28% | 3.72% |
2013 | 10.75% | 11.17% |
2012 | 1.75% | -0.04% |
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:
-
Dimensional Global Sustainability Trust NZD Hedged Class
Australia International Equities29.5594% -
Dimensional Global Bond Sustainability Trust NZD Class
Australia Int Fixed Interest16.7938% -
Dimensional Global Sustainability Trust Unhedged Cls Units
Australia International Equities8.496% -
Vanguard International Property Securities Index Fund
Australia Listed Property4.0154% -
Dimensional Australian Sustainability Trust
Australia Australasian Equities3.9874% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-1.7975% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA0.6594% -
New Zealand Government Bond
New Zealand NZ Fixed Interest AAA0.6143% -
Ebos Group Ltd
New Zealand Australasian Equities0.5576% -
Mainfreight Ltd
New Zealand Australasian Equities0.5444%
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 | 1.0% | 11.43% |
New Zealand Fixed Interest | 13.0% | 10.9% |
International Fixed Interest | 26.0% | 16.94% |
Australasian Equities | 14.5% | 14.61% |
International Equities | 38.0% | 38.37% |
Listed Properties | 7.5% | 7.75% |
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.00%
-
Animal Testing:2.84%
-
Fossil Fuels:1.26%
-
Gambling:0.02%
-
GMOs:0.01%
-
Human Rights & Environmental Violations:0.46%
-
Palm Oil:0.01%
-
Tobacco:0.04%
-
Weapons:0.25%
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
"Invests in a mix of income and growth assets and designed for investors that want a balanced investment option. A socially responsible fund which excludes assets that do not meet the fund's defined ethical investment standards. Negative annual returns may occur once in every 5-7 years on average. SuperLife provides KiwiSaver, investment, superannuation and insurance solutions to over 50,000 members. For over 15 years we have focused on what matters most to our members: a passive investment philosophy, low fees, flexibility, transparency and exceptional customer service. SuperLife is managed by Smartshares Limited, which is a wholly-owned subsidiary of NZX Limited."
Value | $59M NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 1,691 |
Fund started | Mon March 31st 2008 |
Total annual fund fees | 0.7% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.69% |
Other management and administration charges | 0.01% |
Total other charges | 30.0 |
Total other charges currency | NZD |
Key Personnel
Guy Roulston Elliffe |
Currently: Director (6 years, 1 months) |
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (2 years, 7 months) |
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (3 years, 10 months) |
Alister John Williams |
Currently: Director (6 years, 1 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.