Funds
Maritime KiwiSaver Balanced Portfolio
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Neste Corporation 0.19%
- Oneok, Inc. 0.11%
- Galp Energia Sgps SA Class B 0.04%
- Lundin Energy Ab 0.04%
- Energy Transfer Partners Lp 150325 4.05 Cb 0.03%
- Total SA 291249 3.369 Cb 0.01%
Alcohol
- Diageo PLC 0.16%
- Delegat Group Limited 0.04%
Human Rights & Environmental Violations
- Nestle S.A. 0.45%
- Johnson & Johnson 0.19%
- Credit Suisse Group AG 020432 2.875 Cb 0.04%
- Activision Blizzard, Inc. 0.03%
- Energy Transfer Partners Lp 150325 4.05 Cb 0.03%
- Credit Suisse Group AG 120624 4.207 Cb 0.01%
- Credit Suisse Group AG 240627 1.00 Cb 0.01%
Animal Cruelty
- Nestle S.A. 0.44%
- Coca-Cola Company 0.33%
- Procter & Gamble Company 0.31%
- Johnson & Johnson 0.19%
- Dow, Inc. 0.18%
- Hp Inc. 0.16%
- L'Oreal S.A. 0.15%
- Akzo Nobel N.V. 0.12%
- Unilever PLC 0.11%
- Ecolab Inc. 0.08%
- Novozymes A/S Class B 0.08%
- Kimberly-Clark Corporation 0.07%
- Burberry Group PLC 0.06%
- Clorox Company 0.05%
- Danone SA 0.02%
- Kao Corp. 0.02%
- Kellogg Company 0.02%
- PPG Industries, Inc. 0.02%
- Tesco Property Finance PLC 130440 5.744 Sf 0.02%
- Hp Inc 150429 4.00 Cb 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 2022 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
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 | 31st March 2022 |
| Members | 251 |
| Fund started | 21st April 2016 |
| Total annual fund fees | 0.65% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.4% |
| Other management and administration charges | 2.5% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
David Young |
Currently: Chair (6 years, 1 months) |
|
Craig Harrison |
Currently: Deputy chair (1 years, 4 months) |
|
Simon Brodie |
Currently: Licensed Independent Trustee (6 years, 1 months) |
|
Ray Welson |
Currently: Chair, Investment Committee (6 years, 1 months) |
|
Ben Trollip |
Currently: Investment Consultant (5 years, 1 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2022.
Investment Exclusions
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
| Issue of concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 0.22% | |
| Animal Cruelty | 2.50% | |
| Fossil Fuels | 0.48% | |
| Gambling | 0.00% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 0.83% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.01% | |
| Weapons | 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 2022 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 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.
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 |
|---|---|---|
| 2022 | 0.35% | 1.4% |
| 2021 | 16.60% | 23.82% |
| 2020 | -1.09% | -3.94% |
| 2019 | 5.56% | 4.86% |
| 2018 | 5.28% | 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 31st March 2022.
Top 10 Investments
-
ANZ W/S International Share Fund
New Zealand International Equities35.08% -
Hunter Global Fixed Interest Fund
New Zealand Int Fixed Interest18.01% -
ANZ W/S International Share No 5 Fund
New Zealand International Equities12.81% -
ANZ Fixed Interest Fund
New Zealand NZ Fixed Interest9.1% -
ANZ NZ Cash Fund
New Zealand Cash and Equivalents7.32% -
Salt NZ Dividend Appreciation Fund
New Zealand Australasian Equities5.26% -
Fisher Institutional Australian Equity Fund
New Zealand Australasian Equities4.93% -
Nikko Global Bond Fund
New Zealand Int Fixed Interest4.75% -
Fisher Institutional Trans Tasman Equity Fund
New Zealand Australasian Equities2.73% -
Nikko Multi-Strategy Fund
New Zealand Other0.01%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 8.0% | 7.32% |
| New Zealand Fixed Interest | 9.0% | 9.1% |
| International Fixed Interest | 23.0% | 22.76% |
| Australasian Equities | 13.0% | 12.91% |
| International Equities | 47.0% | 47.9% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.01% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2022.