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. 0.59%
    • Johnson & Johnson 0.19%
    • Rio Tinto 0.19%
    • Nestlé 0.17%
    • Thermo Fisher Scientific 0.11%
    • Wells Fargo 0.10%
    • Caterpillar 0.09%
    • Ubs 0.08%
    • Rtx Corp. 0.07%
    • Uber Technologies, Inc. 0.07%
    • Lockheed Martin Corp. 0.06%
    • Motorola Solutions Inc 0.06%
    • Palantir Technologies 0.06%
    • Glencore 0.04%
    • The Boeing Co. 0.04%
    • Saudi Aramco 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
    • China Petroleum & Chemical 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
    • Grupo México S.A.B. De C.V. 0.01%
    • BHP Group 0.56% !!
      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 0.17%
    • Shell 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
    • Pg&E Corp 0.09%
    • Glencore 0.04%
    • 3M 0.03%
    • Basf Se 0.03%
    • Corteva, Inc. 0.03%
    • Freeport-Mcmoran Inc 0.03%
    • Archer-Daniels Midland 0.02%
    • Bayer 0.02%
    • Vale SA 0.02%
    • Ntpc Ltd. 0.01%
    • Posco 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 Electric Power Company Holdings, Incorporated 0.01%
    • Exxon Mobil Corp. 0.25% !!
      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. 0.18%
    • Shell 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
    • LVMH Moët Hennessy Louis Vuitton Se 0.15%
    • Unilever PLC 0.12%
    • 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
    • Air Liquide 0.08%
    • L'Oréal SA 0.08%
    • Philip Morris International (Pmi) 0.08%
    • Reliance Industries Ltd. 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
    • Hermès International Sca 0.06%
    • Shin-Etsu Chemical Co., Ltd. 0.06%
    • British American Tobacco 0.05%
    • Altria Group, Inc. 0.04%
    • Colgate-Palmolive Co. 0.04%
    • Givaudan SA 0.04%
    • Orica Ltd. 0.04%
    • The Sherwin-Williams Co. 0.04%
    • 3M 0.03%
    • Basf Se 0.03%
    • Corteva, Inc. 0.03%
    • Dow, Inc. 0.03%
    • Dupont De Nemours 0.03%
    • Ecolab, Inc. 0.03%
    • Eni Spa 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
    • Koninklijke Ahold Delhaize Nv 0.03%
    • Bayer 0.02%
    • Church & Dwight Co., Inc. 0.02%
    • Henkel AG & Co. Kgaa 0.02%
    • Imperial Brands 0.02%
    • International Flavors & Fragrances, Inc. 0.02%
    • Kao Corp. 0.02%
    • Kering SA 0.02%
    • Kimberly-Clark Corp. 0.02%
    • Novozymes A/S 0.02%
    • Otsuka Holdings Co., Ltd. 0.02%
    • PPG Industries, Inc. 0.02%
    • The Estée Lauder Companies, Inc. 0.02%
    • Asian Paints Ltd. 0.01%
    • Beiersdorf AG 0.01%
    • Celanese Corp. 0.01%
    • China Petroleum & Chemical 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
    • Entegris, Inc. 0.01%
    • Rpm International, Inc. 0.01%
    • Sabic 0.01%
    • Symrise AG 0.01%
    • The Clorox Co. 0.01%
    • Tyson Foods Inc 0.01%
    • Unicharm Corp. 0.01%
    • Walmart, Inc. 0.17%
    • Rtx Corp. 0.07%
    • Airbus 0.06%
    • Amphenol Corp. 0.06%
    • Honeywell International, Inc. 0.06%
    • Lockheed Martin Corp. 0.06%
    • Transdigm Group, Inc. 0.06%
    • Rolls-Royce Holdings PLC 0.05%
    • Safran SA 0.05%
    • The Boeing Co. 0.04%
    • Bae Systems PLC 0.03%
    • Daikin Industries Ltd. 0.03%
    • General Dynamics Corp. 0.03%
    • Howmet Aerospace, Inc. 0.03%
    • L3Harris Technologies, Inc. 0.03%
    • Northrop Grumman Corp. 0.03%
    • Heico Corp. 0.02%
    • Leidos 0.02%
    • Rheinmetall AG 0.02%
    • Booz Allen Hamilton Holding Corp. 0.01%
    • Jacobs Solutions, Inc. 0.01%
    • Larsen & Toubro Ltd. 0.01%
    • Mtu Aero Engines AG 0.01%
    • Teledyne Technologies, Inc. 0.01%
    • Textron, Inc. 0.01%
    • Thales SA 0.01%
    • Contact Energy Ltd. 0.70% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group 0.56% !!
      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. 0.28%
    • Exxon Mobil Corp. 0.25% !!
      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. 0.24%
    • Rio Tinto 0.19%
    • The Southern Co. 0.18%
    • Duke Energy Corp 0.17%
    • Shell 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
    • National Grid PLC 0.15% !!
      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
    • Enbridge, Inc. 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
    • Oneok, Inc. 0.11%
    • Totalenergies Se 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
    • Woodside Energy Group Ltd. 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
    • American Electric Power Co., Inc. 0.10%
    • Dominion Energy, Inc. 0.10%
    • Public Service Enterprise Group, Inc. 0.10%
    • Sempra Energy 0.10% !!
      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
    • The Williams Cos., Inc. 0.10% !!
      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 0.09%
    • Cheniere Energy, Inc. 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
    • Consolidated Edison, Inc. 0.08%
    • Kinder Morgan, Inc. 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
    • Xcel Energy, Inc. 0.08%
    • Iberdrola 0.07% 1.5°C
      This company is on a 1.5°C pathway
    • Reliance Industries Ltd. 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
    • Targa Resources Corp. 0.07%
    • Tc Energy Corp. 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
    • BP 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
    • Channel Infrastructure 0.06%
    • Constellation Energy Corp. 0.06%
    • Entergy Corp. 0.06%
    • Mitsubishi Corp. 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
    • Santos 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
    • Wec Energy Group, Inc. 0.06%
    • Ameren Corp. 0.05%
    • Atmos Energy Corp. 0.05%
    • Cms Energy Corp. 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
    • Enel 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Firstenergy Corp. 0.05%
    • Itochu Corp. 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
    • Mitsui & Co., Ltd. 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
    • Ppl Corp. 0.05%
    • Ampol Ltd. 0.04%
    • Centerpoint Energy, Inc. 0.04%
    • Fortis, 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
    • Glencore 0.04%
    • Orica Ltd. 0.04%
    • Origin Energy 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
    • Royal Vopak Nv 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
    • South32 Ltd. 0.04%
    • Washington H. Soul Pattinson & Co. Ltd. 0.04%
    • Agl Energy Ltd. 0.03%
    • Alliant Energy Corp. 0.03%
    • Apa Group 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
    • Clp Holdings Ltd. 0.03%
    • Diamondback Energy, Inc. 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
    • E.On Se 0.03%
    • Eni Spa 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
    • Eog Resources, Inc. 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
    • Evergy, Inc. 0.03%
    • Hess 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
    • Nisource, Inc. 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
    • Petrobras 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
    • Phillips 66 0.03%
    • Vistra Energy 0.03%
    • Whitehaven Coal Ltd. 0.03%
    • Acwa Power 0.02%
    • Alcoa Corp. 0.02%
    • Canadian Natural Resources 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
    • Centrica PLC 0.02%
    • Dassault Systèmes Se 0.02%
    • Delta Air Lines, Inc. 0.02%
    • Devon Energy 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
    • Dte Energy Co. 0.02%
    • Emera, Inc. 0.02%
    • Engie SA 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
    • Eqt 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
    • Halliburton Co. 0.02%
    • Hong Kong & China Gas 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
    • Marathon Petroleum Corp. 0.02%
    • Marubeni 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
    • Occidental Petroleum 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
    • Osaka Gas 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
    • Pinnacle West Capital Corp. 0.02%
    • Power Assets Holdings Ltd. 0.02%
    • Rwe AG 0.02%
    • Saudi Aramco 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
    • Snam 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
    • Sumitomo 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
    • The Kansai Electric Power Co., Inc. 0.02%
    • Tokyo Gas 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
    • Vale SA 0.02%
    • Valero Energy Corp. 0.02%
    • Viva Energy Group 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
    • Aes Corporation 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
    • China Petroleum & Chemical 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
    • Chubu Electric Power Co., Inc. 0.01%
    • Coterra 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
    • Equinor Asa 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
    • Grupo México S.A.B. De C.V. 0.01%
    • Loews Corp. 0.01%
    • Marathon Oil 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
    • New Hope Corp. Ltd. 0.01%
    • Nippon Steel Corp. 0.01%
    • Nippon Yusen Kk 0.01%
    • Nrg Energy, Inc. 0.01%
    • Ntpc Ltd. 0.01%
    • Oge Energy Corp. 0.01%
    • Posco 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
    • Repsol 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
    • Tata Steel Ltd. 0.01%
    • Texas Pacific Land Corp. 0.01%
    • Weg SA 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 30th Sept. 2024 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 mostly in growth assets and is designed for investors that want a growth investment option. Negative annual returns may occur once in every 3-5 years on average.

Value $62.4M NZD
Period of data report 30th Sept. 2024
Members 1,509
Fund started 16th Sept. 2013
Total annual fund fees 0.61%
Total performance based fees 0.0%
Manager's basic fee 0.6%
Other management and administration charges 0.01%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (1 years, 0 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 10 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 30th Sept. 2024.

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
2024 14.32% 14.02%
2023 -3.87% -4.76%
2022 1.40% 3.78%
2021 28.16% 29.86%
2020 -3.43% -9.27%
2019 6.75% 7.41%
2018 7.80% 4.76%
2017 9.24% 10.88%
2016 3.62% 5.57%
2015 13.73% 12.08%

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 Sept. 2024.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    18.58%
  • Vanguard S&P 500 ETF
    United States International Equities
    7.25%
  • Vanguard FTSE Europe ETF
    United States International Equities
    5.86%
  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    5.46%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    3.95%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    2.82%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    2.64%
  • Vanguard Mid-Cap ETF
    United States International Equities
    2.5%
  • Ishares Core FTSE Global Property Ex Australia (AUD Hedged) ETF
    Australia Listed Property
    2.49%
  • Vanguard Small-Cap ETF
    United States International Equities
    2.42%
Type Target Actual
Cash and Cash Equivalents 4.0% 4.82%
New Zealand Fixed Interest 6.0% 5.83%
International Fixed Interest 10.0% 9.77%
Australasian Equities 19.0% 19.89%
International Equities 53.0% 51.88%
Listed Properties 4.0% 3.86%
Unlisted Properties 0.0% 0.0%
Other 4.0% 3.95%
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 Sept. 2024.