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

    • Meta Platforms Inc-Class A 0.28%
    • Nestle SA-Reg 0.18%
    • Johnson & Johnson 0.16%
    • Rio Tinto Ltd 0.08%
    • Thermo Fisher Scientific Inc 0.08%
    • Caterpillar Inc 0.05%
    • Wells Fargo & Co 0.05%
    • Credit Suisse Group AG 0.04%
    • Glencore PLC 0.04%
    • Rio Tinto PLC-Spon Adr 0.04%
    • Raytheon Technologies Corp 0.03%
    • Lockheed Martin Corp 0.02%
    • Motorola Solutions Inc 0.02%
    • Credit Suisse New York 0.01%
    • Lockheed Martin Corp. 0.01%
    • Uber Technologies Inc 0.01%
    • BHP Group Ltd 0.42% !!
      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
    • Shell PLC 0.16% !!
      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
    • Chevron Corp 0.11% !!
      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
    • Duke Energy Corp 0.10%
    • Pg&E Corp 0.06%
    • Glencore PLC 0.04%
    • Newcrest Mining Ltd 0.03%
    • Basf Se 0.02%
    • Bayer AG-Reg 0.02%
    • Corteva Inc 0.02%
    • Vale SA 0.02%
    • Exxon Mobil Corporation 0.19% !!
      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
    • Shell PLC 0.16% !!
      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
    • Procter & Gamble Co/The 0.13%
    • Chevron Corp 0.11% !!
      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
    • LVMH Moet Hennessy Vuitt 0.11%
    • Unilever PLC 0.07%
    • Air Liquide SA 0.06%
    • Reliance Industries Ltd 0.06% !!
      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
    • L'Oreal SA 0.05%
    • Shin-Etsu Chemical Co Ltd 0.05%
    • British American Tobacco Holdings (The Netherlands) Bv 0.04%
    • Hermes International 0.04%
    • LVMH Moet Hennessy Louis Vui 0.04%
    • Philip Morris International 0.04%
    • Orica Ltd 0.03%
    • Altria Group Inc 0.02%
    • Basf Se 0.02%
    • Bayer AG-Reg 0.02%
    • Corteva Inc 0.02%
    • Eni Spa 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
    • Givaudan-Reg 0.01%
    • Hindustan Unilever Ltd 0.01%
    • Kering 0.01%
    • Koninklijke Ahold Delhaize N 0.01%
    • L'Oreal 0.01%
    • Philip Morris Intl Inc 0.01%
    • Walmart Inc 0.10%
    • Airbus Se 0.05%
    • Honeywell International Inc 0.05%
    • Boeing Co/The 0.04%
    • Daikin Industries Ltd 0.03%
    • Raytheon Technologies Corp 0.03%
    • Safran SA 0.03%
    • Amphenol Corp 0.02%
    • Bae Systems PLC 0.02%
    • Lockheed Martin Corp 0.02%
    • Transdigm Group Inc 0.02%
    • Larsen & Toubro Ltd 0.01%
    • Lockheed Martin Corp. 0.01%
    • Rolls-Royce Holdings PLC 0.01%
    • Rtx Corp. 0.01%
    • Contact Energy Ltd 0.54% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.42% !!
      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
    • Genesis Energy Ltd 0.32%
    • Exxon Mobil Corporation 0.19% !!
      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
    • Nextera Energy Inc 0.16%
    • Shell PLC 0.16% !!
      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
    • Woodside Energy Group Ltd 0.13% !!
      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
    • Chevron Corp 0.11% !!
      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
    • Southern Co/The 0.11%
    • Duke Energy Corp 0.10%
    • Enbridge Inc 0.09% !!
      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
    • Totalenergies Se 0.09% !!
      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
    • National Grid PLC 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
    • Rio Tinto Ltd 0.08%
    • BP PLC 0.07% !!
      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
    • Cheniere Energy Inc 0.06% !!
      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
    • Pg&E Corp 0.06%
    • Reliance Industries Ltd 0.06% !!
      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
    • Sempra Energy 0.06% !!
      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
    • American Electric Power 0.05%
    • Conocophillips 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
    • Consolidated Edison Inc 0.05%
    • Dominion Energy Inc 0.05%
    • Iberdrola SA 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Public Service Enterpris 0.05%
    • Williams Cos 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
    • Ampol Ltd 0.04%
    • Glencore PLC 0.04%
    • Itochu Corp 0.04% !!
      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
    • Kinder Morgan Inc 0.04% !!
      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
    • Mitsubishi Corp 0.04% !!
      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
    • Mitsui & Co Ltd 0.04% !!
      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
    • Oneok Inc 0.04%
    • Rio Tinto PLC-Spon Adr 0.04%
    • Santos Ltd 0.04% !!
      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
    • Tc Energy Corp 0.04% !!
      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
    • Washington H. Soul Pattinson 0.04%
    • Wec Energy Group Inc 0.04%
    • Xcel Energy Inc 0.04%
    • Agl Energy Ltd 0.03%
    • Channel Infrastructure NZ Lt 0.03%
    • Enel Spa 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Entergy Corp 0.03%
    • Orica Ltd 0.03%
    • South32 Ltd 0.03%
    • Targa Resources Corp 0.03%
    • Total SA 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
    • Vopak 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
    • Whitehaven Coal Ltd 0.03%
    • Ameren Corporation 0.02%
    • Atmos Energy Corp 0.02%
    • Centerpoint Energy Inc 0.02%
    • Clp Holdings Ltd 0.02%
    • Cms Energy Corp 0.02%
    • Eni Spa 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
    • Eog Resources Inc 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
    • Firstenergy Corp 0.02%
    • Fortis Inc 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
    • Hess Corp 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
    • Pembina Pipeline Corp 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
    • Ppl Corp 0.02%
    • Vale SA 0.02%
    • Alliant Energy Corp 0.01%
    • Apa Group 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
    • Centrica PLC 0.01%
    • Chubu Electric Power Co Inc 0.01%
    • Compagnie De Saint Gobain 0.01%
    • Constellation Energy 0.01%
    • Delta Air Lines Inc 0.01%
    • Devon Energy Corp 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
    • Diamondback Energy Inc 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
    • E.On Se 0.01%
    • Emera Inc 0.01%
    • Equinor Asa-Spon Adr 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
    • Evergy Inc 0.01%
    • Halliburton Co 0.01%
    • Kansai Electric Power Co Inc 0.01%
    • Marubeni Corp 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
    • Nisource Inc 0.01%
    • Origin Energy Ltd 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
    • Petrobras - Petroleo Bras 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
    • Petrobras - Petroleo Bras-Pr 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
    • Pinnacle West Capital Corp. 0.01%
    • Posco Holdings Inc 0.01%
    • Repsol 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
    • Rwe AG 0.01%
    • Saudi Arabian Oil Co 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
    • Snam Spa 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
    • Tokyo Gas Co Ltd 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

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

Invests in a mix of income and growth assets and is designed for investors that want a balanced investment option. Negative annual returns may occur once in every 5-7 years on average.

Value $67.2M NZD
Period of data report 31st Dec. 2023
Members 1,360
Fund started 23rd Feb. 2009
Total annual fund fees 0.6%
Total performance based fees 0.0%
Manager's basic fee 0.58%
Other management and administration charges 0.02%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 3 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 1 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 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 -2.79% -4.37%
2022 0.71% 2.46%
2021 17.98% 23.45%
2020 -1.40% -6.18%
2019 5.81% 6.72%
2018 5.28% 3.93%
2017 5.86% 9.06%
2016 4.01% 5.05%
2015 11.09% 9.91%
2014 7.28% 4.84%

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 Dec. 2023.

Top 10 Investments

  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    11.04%
  • Vanguard Total World Stock ETF
    United States International Equities
    9.65%
  • Vanguard FTSE Europe ETF
    United States International Equities
    4.92%
  • Vanguard S&P 500 ETF
    United States International Equities
    4.84%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    3.92%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    3.04%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    2.94%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    2.83%
  • Vanguard Mid-Cap ETF
    United States International Equities
    2.62%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.34%
Type Target Actual
Cash and Cash Equivalents 8.0% 9.809736%
New Zealand Fixed Interest 12.0% 11.83605%
International Fixed Interest 20.0% 19.97798%
Australasian Equities 14.0% 13.21526%
International Equities 40.0% 39.45547%
Listed Properties 3.0% 2.873378%
Unlisted Properties 0.0% 0.0%
Other 3.0% 2.832126%
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 31st Dec. 2023.