Maritime KiwiSaver Balanced Portfolio

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Fund type: Balanced fund

Past Returns: 8.25%

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

Annual Fees: 0.68%

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

Ampol Ltd 0.01%
Anglo American PLC 0.01%
Apa Group 0.04%
BHP Group Ltd 0.46%
BHP Group PLC 0.02%
Beach Energy Ltd 0.01%
Berkshire Hathaway 0.12%
Canadian Natural Resources Ltd 0.01%
Chevron Corp 0.06%
China Petroleum 0.02%
Cia Paranaense 0.02%
Ck Hutchinson Holdng 0.02%
Coca Cola Co 0.17%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co/The 0.06%
Conocophillips 0.02%
Dominion Energy Inc 0.02%
Enbridge Inc 0.02%
Enbridge Inc 180222 Frn 0.02%
Energy Transfer Partners Lp 150325 4.05 Cb 0.03%
Eog Resources Inc 0.01%
Exxon Mobil Corp 0.07%
Genesis Energy Ltd 0.04%
Glencore PLC 0.01%
Hollyfrontier Corp 0.01%
Itochu Corp 0.03%
Lg Corp 0.01%
Lukoil PJSC-Spon Adr 0.01%
Lyondellbasell Ind A 0.03%
Marubeni Corp 0.01%
Mitsubishi Corp 0.01%
Mitsui & Co Ltd 0.01%
OMV AG 0.02%
Oil Search Ltd 0.02%
Origin Energy Ltd 0.02%
PJSC Tatneft Adr 0.01%
Phillips 66 0.03%
Repsol SA 0.02%
Royal Dutch Shell 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.02%
Royal Dutch Shell PLC-B Shs 0.02%
Santos Ltd 0.05%
Sojitz Corp 0.01%
South32 Ltd 0.05%
Suncor Energy Inc 0.01%
Tc Energy Corp 0.01%
Teck Resources Cls B 0.01%
Total Se 0.04%
Valero Energy Corp 0.02%
Washington H Soul Pattinson & 0.01%
Williams Cos Inc/The 0.01%
Woodside Petroleum Ltd 0.08%

Weapons

Amphenol Corp 0.01%
Amphenol Corp - Class A 0.09%

Tobacco

Seven & I Holdings Co Ltd 0.01%

Gambling

Aristocrat Leisure Ltd 0.06%
Crown Resorts Ltd 0.01%
Flutter Entertainmnt 0.16%
Las Vegas Sands Corp 250625 2.90 Cb 0.03%
Sands China Ltd 080828 5.4 Cb 0.01%
Sky City Entertainment Group 0.23%
Tabcorp Holdings Ltd 0.04%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/Nv 0.01%
Carlsberg As - B Shs 0.08%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc 0.01%
Diageo PLC 0.36%
Heineken Nv 0.37%
LVMH Moet Hennessy 0.50%
LVMH Moet Hennessy Louis Vuitton Se 0.05%
Pernod-Ricard SA 0.21%
Treasury Wine Estates Ltd 0.02%

GMOs

Human Rights & Environmental Violations

Archer Daniels 0.01%
Archer-Daniels-Midland Co 0.01%
BHP Group Ltd 0.46%
BHP Group PLC 0.02%
Bayer AG 0.20%
Chevron Corp 0.06%
Duke Energy Corp 0.02%
Essity Aktiebolag-B 0.26%
Freeport-Mcmoran Inc 0.01%
Glencore PLC 0.01%
Johnson & Johnson 0.24%
Nestle SA 0.64%
Rio Tinto Ltd 0.14%
Rio Tinto PLC 0.02%
Royal Dutch Shell 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.02%
Royal Dutch Shell PLC-B Shs 0.02%
Sempra Energy 0.01%

Animal Testing

Adeka Corp 0.01%
Air Liquide 0.24%
Air Liquide SA 0.02%
Akzo Nobel N.V 0.16%
Archer Daniels 0.01%
Archer-Daniels-Midland Co 0.01%
Basf Se 0.02%
Bayer AG 0.20%
Bayer US Finance Ii Llc 151225 4.25 Cb 0.01%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.01%
Burberry Group PLC 0.09%
Celanese Corp 0.02%
Chevron Corp 0.06%
Coca Cola Co 0.17%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co/The 0.06%
Corteva Inc 0.01%
Danone 0.28%
Danone SA 0.01%
Danone SA 021121 2.077 Cb 0.02%
Dow Inc 0.01%
Dupont De Nemours Inc 0.01%
Eastman Chemical Co 0.03%
Ecolab Inc 0.01%
Essity Aktiebolag-B 0.26%
Estee Lauder Cos Inc/The 0.02%
General Mills Inc 0.04%
Givaudan SA 0.01%
Glaxosmithkline PLC 0.07%
Hermes International 0.04%
Hollyfrontier Corp 0.01%
Hp Inc 0.05%
Huntsman Corp 0.02%
Ingredion Inc 0.01%
Johnson & Johnson 0.24%
Kimberly-Clark Corp 0.04%
Koninklijke Dsm Nv 0.23%
Kraft Heinz Co 0.03%
L'Oreal SA 0.02%
LVMH Moet Hennessy 0.50%
LVMH Moet Hennessy Louis Vuitton Se 0.05%
Linde PLC 0.28%
Linde PLC US 0.07%
Linde PLC-Etr 0.01%
Linde PLC-Ny 0.03%
Lyondellbasell Ind A 0.03%
Marubeni Corp 0.01%
Mitsubishi Gas Chem 0.01%
Mondelez International Holdings Nlg Bv 281021 2.00 Cb 0.02%
Mondelez International Inc 0.02%
Nestle SA 0.64%
PPG Industries Inc 0.18%
Pepsico Inc 0.14%
Procter & Gamble Co/The 0.09%
Reckitt Benckiser Treasury Services PLC 240622 Frn 0.01%
Reckitt Benckiser 0.24%
Reckitt Benckiser Group PLC 0.02%
Royal Dutch Shell 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.02%
Royal Dutch Shell PLC-B Shs 0.02%
Sainsbury (J) PLC 0.01%
Sherwin-Williams Co 0.05%
Sherwin-Williams Co/The 0.02%
Shin-Etsu Chemical Co Ltd 0.02%
Solvay SA 0.02%
Syngenta Finance AG 230421 3.933 Cb 0.03%
Tesco PLC 0.01%
Tesco Property Finance PLC 130440 5.744 Sf 0.02%
Trinseo SA 0.01%
Unilever PLC 0.02%
Unilever PLC - EUR 0.02%
Unilever PLC - Gbp 0.02%
Unilever PLC Eu 0.08%
Xerox Corp 0.02%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 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% 23.82%
2020 -1.20% -3.94%
2019 5.69% 4.86%
2018 5.19% 5.9%
2017 5.86% 8.79%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • ANZ W/S International Share Fund
    New Zealand International Equities
    33.99%
  • Hunter Global Fixed Interest Fund
    New Zealand Int Fixed Interest
    17.41%
  • AMP Global Index Share Fund
    New Zealand International Equities
    14.6%
  • ANZ Fixed Interest Fund
    New Zealand NZ Fixed Interest
    8.39%
  • ANZ NZ Cash Fund
    New Zealand Cash and Equivalents
    7.55%
  • Salt NZ Dividend Appreciation Fund
    New Zealand Australasian Equities
    7.12%
  • AMP Australian Shares Fund
    New Zealand Australasian Equities
    6.42%
  • Nikko Global Bond Fund
    New Zealand Int Fixed Interest
    4.11%
  • Nikko Multi-Strategy Fund
    New Zealand Other
    0.41%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 8.0% 7.56%
New Zealand Fixed Interest 9.0% 8.39%
International Fixed Interest 23.0% 21.52%
Australasian Equities 13.0% 13.53%
International Equities 47.0% 48.59%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.41%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 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:
    0.01%
  • Alcohol:
    1.74%
  • Animal Testing:
    5.73%
  • Fossil Fuels:
    2.26%
  • Gambling:
    0.63%
  • GMOs:
    0.01%
  • Human Rights & Environmental Violations:
    2.24%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.02%
  • Weapons:
    0.15%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 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 wide range of assets about 60% comprising growth assets such as shares and 40% comprising income assets such as bonds and cash. Suited to longer-term investors who want a diversified portfolio of assets with a high exposure to shares and other growth assets and are willing to accept more ups and downs than can be expected from the Conservative Portfolio."

Value $14M NZD
Period of data report Wed March 31st 2021
Members 242
Fund started Thu April 21st 2016
Total annual fund fees 0.68%
Total performance based fees 0.0%
Manager's basic fee 0.4%
Other management and administration charges 0.28%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

David Young

Currently: Chair (5 years, 1 months)
Previously: Chair (15 years, 0 months)

Craig Harrison

Currently: Deputy chair (0 years, 4 months)
Previously: (None years, None months)

Simon Brodie

Currently: Licensed Independent Trustee (5 years, 1 months)
Previously: Independent Trustee (2 years, 6 months)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Markets Conduct Act 2013 and any associated regulations.

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.