Maritime KiwiSaver Conservative Portfolio

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Not Mindful
Type: Conservative fund
Past Returns: 2.06%

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

Annual Fees: 0.73%

Annual fees, including any membership and % management 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

Agl Energy Ltd 0.01%
Apa Group 0.01%
BHP Group Ltd 0.09%
Chevron Corp 0.01%
Enbridge Inc 180222 Frn 0.06%
Energy Transfer Partners Lp 150325 4.05 Cb 0.06%
Exxon Mobil Corp 0.02%
Nextera Energy Inc 0.01%
Petroleos Mexicanos 6.75% 0.03%
Petroleos Mexicanos 7.69% 0.19%
South32 Ltd 0.01%
Woodside Petroleum Ltd 0.02%

Weapons

General Dynamics Corporation 4.25% 0.04%
Northrop Grumman Corporation 5.15% 0.02%
Northrop Grumman Corporation 5.25% 0.02%
Rolls Royce Holdings 0.02%
Safran SA 0.03%
The Boeing Company 3.95% 0.02%
United Technologies 0.03%

Gambling

Aristocrat Leisure Ltd 0.02%
Las Vegas Sands Corp 250625 2.90 Cb 0.08%
Sands China Ltd 080825 5.125 Cb 0.01%
Sands China Ltd 080828 5.4 Cb 0.04%
Sky City Entertainment Group 0.02%

Alcohol

Anheuser Busch Inbev Nv 070325 1.75 Cb 0.08%
Anheuser-Busch 0.02%
Carlsberg As - B Shs 0.02%
Diageo PLC 0.08%
Heineken Nv 0.06%
LVMH Moet Hennessy 0.11%
Pernod Ricard SA 070421 5.75 Cb 0.02%
Pernod Ricard SA 150122 4.45 Cb 0.07%
Pernod-Ricard SA 0.06%

GMOs

Bayer AG 0.06%
Novartis AG 0.02%
Syngenta Finance AG 230421 3.933 Cb 0.08%

Human Rights & Environmental Violations

BHP Group Ltd 0.09%
Chevron Corp 0.01%
Essity Aktiebolag-B 0.10%
Johnson & Johnson 0.09%
Nestle SA 0.19%
Rio Tinto Ltd 0.03%

Animal Testing

Air Liquide 0.060%
Akzo Nobel N.V 0.040%
Bayer AG 0.060%
Bayer US Finance Ii Llc 151225 4.25 Cb 0.030%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.030%
Bayer US Finance Ii Llc 250621 3.50 Cb 0.020%
Bayer US Finance Ii Llc250621 Frn 0.010%
Burberry Group PLC 0.010%
Chevron Corp 0.010%
Coca Cola Co 0.030%
Coca-Cola Co/The 0.020%
Colgate Palmolive 0.050%
Danone 0.060%
Danone SA 021121 2.077 Cb 0.070%
Essity Aktiebolag-B 0.100%
Johnson & Johnson 0.090%
Koninklijke Dsm Nv 0.060%
LVMH Moet Hennessy 0.110%
LVMH Moet Hennessy Louis Vuitt 0.010%
Nestle SA 0.190%
Pepsico Inc 0.050%
PPG Industries Inc 0.040%
Procter & Gamble Co/The 0.030%
Reckitt Benckiser 0.080%
Reckitt Benckiser Treasury Services PLC 240622 Frn 0.030%
Syngenta Finance AG 230421 3.933 Cb 0.080%
Tesco Property Finance PLC 130440 5.744 Sf 0.060%
The Coca-Cola Company 4.12% 0.010%
The Coca-Cola Company 4.2% 0.030%
The Procter & Gamble Company 3.55% 0.020%
The Procter & Gamble Company 3.6% 0.010%
Unilever Nv Ord 0.050%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020 1.07% -0.7%
2019 4.40% 2.89%
2018 3.80% 4.0%
2017 4.16% 4.5%
2016 3.52% 9.7%
2015 8.10% 3.2%
2014 3.88% 8.5%
2013 6.92% 6.2%
2012 3.16% 6.2%
2011 5.06% 15.2%

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 Tue March 31st 2020.

Showing the top 10 investments for this fund:

  • Hunter Global Fixed Interest Fund
    New Zealand International Fixed Interest
    32.11%
  • AMP Capital NZ Fixed Interest Fund
    New Zealand New Zealand Fixed Interest
    21.15%
  • Bw Global Opportunistic Fixed Interest Fund
    Ireland International Fixed Interest
    14.92%
  • AMP Capital NZ Cash Fund
    New Zealand Cash and Cash Equivalents
    10.77%
  • ANZ W/S International Share Fund
    New Zealand International Equities
    8.21%
  • Nikko Multi-Strategy Fund
    New Zealand Other
    4.66%
  • AMP Global Index Share Fund
    New Zealand International Equities
    4.17%
  • Salt NZ Dividend Appreciation Fund
    New Zealand Australasian Equities
    2.59%
  • AMP Australian Shares Fund
    New Zealand Australasian Equities
    1.42%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue March 31st 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 15.0% 10.77%
New Zealand Fixed Interest 20.0% 21.15%
International Fixed Interest 45.0% 47.03%
Australasian Equities 5.0% 4.01%
International Equities 15.0% 12.38%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 4.66%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue March 31st 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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:
    0.00%
  • Alcohol:
    0.58%
  • Animal Testing:
    1.73%
  • Fossil Fuels:
    0.78%
  • Gambling:
    0.19%
  • GMOs:
    0.18%
  • Human Rights & Environmental Violations:
    0.59%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.22%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"Invests about 80% in bonds and cash with about 20% in shares and other growth assets. Suited to shorter-term investors who want fairly consistent returns with less ups and downs than can be expected from the Balanced Portfolio."

Value $2.0M NZD
Period of data report Tue March 31st 2020
Members 61
Fund started Thu April 21st 2016
Total annual fund fees 0.73%
Total performance based fees 0.0%
Manager's basic fee 0.28%
Administration charges 0.45%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

David Young

Currently: Chairman (4 years, 1 months)
Previously: Chairman, WISF (30 years, 0 months)

Joe Fleetwood

Currently: Deputy Chairman (4 years, 1 months)
Previously: Deputy Chairman, WISF (5 years, 0 months)

Simon Brodie

Currently: Licensed Independent Trustee (4 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 Tue March 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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 Advisers Act 2008 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.