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. 0.69%
    • Rio Tinto 0.27%
    • Johnson & Johnson 0.21%
    • Nestlé 0.18%
    • Thermo Fisher Scientific 0.13%
    • Caterpillar 0.11%
    • Wells Fargo 0.11%
    • Ubs 0.10%
    • Motorola Solutions Inc 0.08%
    • Palantir Technologies 0.08%
    • Rtx Corp. 0.08%
    • Uber Technologies, Inc. 0.08%
    • Lockheed Martin Corp. 0.06%
    • Glencore 0.05%
    • The Boeing Co. 0.04%
    • Saudi Aramco 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
    • 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%
    • Oil & Natural Gas Corp. Ltd. 0.01%
    • Petrochina 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
    • BHP Group 0.76% !!
      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 0.20%
    • Shell 0.20% !!
      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. 0.12% !!
      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 0.12%
    • Glencore 0.05%
    • 3M 0.04%
    • Corteva, Inc. 0.04%
    • Freeport-Mcmoran Inc 0.04%
    • Archer-Daniels Midland 0.03%
    • Basf Se 0.03%
    • Vale SA 0.03%
    • Bayer 0.02%
    • Posco 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
    • Ntpc Ltd. 0.01%
    • Tokyo Electric Power Company Holdings, Incorporated 0.01%
    • Exxon Mobil Corp. 0.29% !!
      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. 0.20%
    • Shell 0.20% !!
      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 0.19%
    • Unilever PLC 0.14%
    • Chevron Corp. 0.12% !!
      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 0.10%
    • L'Oréal SA 0.10%
    • Philip Morris International (Pmi) 0.09%
    • Reliance Industries Ltd. 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
    • Hermès International Sca 0.08%
    • Shin-Etsu Chemical Co., Ltd. 0.08%
    • Orica Ltd. 0.06%
    • British American Tobacco 0.05%
    • The Sherwin-Williams Co. 0.05%
    • 3M 0.04%
    • Altria Group, Inc. 0.04%
    • Colgate-Palmolive Co. 0.04%
    • Corteva, Inc. 0.04%
    • Dow, Inc. 0.04%
    • Dupont De Nemours 0.04%
    • Ecolab, Inc. 0.04%
    • Givaudan SA 0.04%
    • Basf Se 0.03%
    • Church & Dwight Co., 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
    • International Flavors & Fragrances, Inc. 0.03%
    • Kao Corp. 0.03%
    • Kimberly-Clark Corp. 0.03%
    • Koninklijke Ahold Delhaize Nv 0.03%
    • Otsuka Holdings Co., Ltd. 0.03%
    • PPG Industries, Inc. 0.03%
    • Bayer 0.02%
    • Henkel AG & Co. Kgaa 0.02%
    • Imperial Brands 0.02%
    • Kering SA 0.02%
    • Novozymes A/S 0.02%
    • Symrise AG 0.02%
    • The Clorox Co. 0.02%
    • The Estée Lauder Companies, Inc. 0.02%
    • Tyson Foods Inc 0.02%
    • Unicharm Corp. 0.02%
    • Akzo Nobel Nv 0.01%
    • Albemarle Corp. 0.01%
    • 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
    • Covestro AG 0.01%
    • Eastman Chemical Co. 0.01%
    • Entegris, Inc. 0.01%
    • Hormel Foods Corp 0.01%
    • Itc Ltd. 0.01%
    • Rentokil Initial 0.01%
    • Rpm International, Inc. 0.01%
    • Sabic 0.01%
    • Shiseido Co., Ltd. 0.01%
    • Walmart, Inc. 0.19%
    • Amphenol Corp. 0.08%
    • Rtx Corp. 0.08%
    • Transdigm Group, Inc. 0.08%
    • Honeywell International, Inc. 0.07%
    • Airbus 0.06%
    • Lockheed Martin Corp. 0.06%
    • Rolls-Royce Holdings PLC 0.06%
    • Safran SA 0.06%
    • Bae Systems PLC 0.04%
    • Daikin Industries Ltd. 0.04%
    • General Dynamics Corp. 0.04%
    • Howmet Aerospace, Inc. 0.04%
    • L3Harris Technologies, Inc. 0.04%
    • Northrop Grumman Corp. 0.04%
    • The Boeing Co. 0.04%
    • Booz Allen Hamilton Holding Corp. 0.02%
    • Heico Corp. 0.02%
    • Jacobs Solutions, Inc. 0.02%
    • Larsen & Toubro Ltd. 0.02%
    • Leidos 0.02%
    • Mtu Aero Engines AG 0.02%
    • Rheinmetall AG 0.02%
    • Teledyne Technologies, Inc. 0.02%
    • Textron, Inc. 0.02%
    • Thales SA 0.01%
    • Contact Energy Ltd. 0.89% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group 0.76% !!
      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. 0.34%
    • Exxon Mobil Corp. 0.29% !!
      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 0.27%
    • The Southern Co. 0.22%
    • Duke Energy Corp 0.20%
    • Shell 0.20% !!
      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 0.18% !!
      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. 0.16%
    • Woodside Energy Group Ltd. 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. 0.14% !!
      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. 0.14%
    • The Williams Cos., 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
    • Totalenergies Se 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
    • American Electric Power Co., Inc. 0.12%
    • Chevron Corp. 0.12% !!
      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
    • Dominion Energy, Inc. 0.12%
    • Pg&E Corp 0.12%
    • Public Service Enterprise Group, Inc. 0.12%
    • Sempra Energy 0.12% !!
      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. 0.10% !!
      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
    • Consolidated Edison, Inc. 0.10%
    • Kinder Morgan, 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
    • Xcel Energy, Inc. 0.10%
    • Iberdrola 0.09% 1.5°C
      This company is on a 1.5°C pathway
    • Reliance Industries Ltd. 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
    • Channel Infrastructure 0.08%
    • Constellation Energy Corp. 0.08%
    • Entergy Corp. 0.08%
    • Itochu Corp. 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
    • Mitsubishi Corp. 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
    • Santos Ltd. 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
    • Targa Resources Corp. 0.08%
    • Tc Energy Corp. 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
    • Wec Energy Group, Inc. 0.08%
    • Firstenergy Corp. 0.07%
    • Mitsui & Co., 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
    • Ppl Corp. 0.07%
    • Ameren Corp. 0.06%
    • Ampol Ltd. 0.06%
    • Atmos Energy Corp. 0.06%
    • 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
    • Cms Energy Corp. 0.06%
    • Conocophillips 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
    • Enel 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • Orica Ltd. 0.06%
    • Washington H. Soul Pattinson & Co. Ltd. 0.06%
    • Agl Energy Ltd. 0.05%
    • Centerpoint Energy, Inc. 0.05%
    • Glencore 0.05%
    • Royal Vopak Nv 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
    • South32 Ltd. 0.05%
    • Whitehaven Coal Ltd. 0.05%
    • Alliant Energy Corp. 0.04%
    • Clp Holdings Ltd. 0.04%
    • Evergy, 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
    • Hess 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
    • Nisource, Inc. 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
    • Pembina Pipeline 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
    • Petrobras 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
    • Vistra Energy 0.04%
    • 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
    • Dassault Systèmes Se 0.03%
    • Delta Air Lines, Inc. 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%
    • Engie 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
    • 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
    • Halliburton Co. 0.03%
    • Marathon Petroleum Corp. 0.03%
    • Marubeni 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
    • Phillips 66 0.03%
    • Pinnacle West Capital Corp. 0.03%
    • Saudi Aramco 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
    • Snam 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
    • Sumitomo 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
    • The Kansai Electric Power Co., Inc. 0.03%
    • Vale SA 0.03%
    • Viva Energy Group Ltd. 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
    • Acwa Power 0.02%
    • Alcoa Corp. 0.02%
    • Centrica PLC 0.02%
    • Chubu Electric Power Co., Inc. 0.02%
    • Coterra Energy, 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
    • 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%
    • 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
    • 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
    • Loews Corp. 0.02%
    • Nippon Steel Corp. 0.02%
    • Nippon Yusen Kk 0.02%
    • Nrg Energy, Inc. 0.02%
    • 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
    • Oge Energy Corp. 0.02%
    • 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
    • Posco 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
    • Power Assets Holdings Ltd. 0.02%
    • Rwe AG 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
    • Valero Energy Corp. 0.02%
    • 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
    • Canadian Natural Resources 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
    • 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
    • China Shenhua Energy 0.01%
    • Ck Hutchison 0.01%
    • Eneos Holdings, Inc. 0.01%
    • 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%
    • Idacorp, Inc. 0.01%
    • Intertek Group PLC 0.01%
    • Kyushu Electric Power Co., Inc. 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
    • Mitsui O.S.K. Lines, Ltd. 0.01%
    • New Hope Corp. Ltd. 0.01%
    • Ntpc Ltd. 0.01%
    • Oil & Natural Gas Corp. Ltd. 0.01%
    • Petrochina 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
    • Portland General Electric Co. 0.01%
    • 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%
    • Tohoku Electric Power Co., Inc. 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 in growth assets and is designed for investors that want an aggressive investment option that invests in shares and property. Negative annual returns may occur once in every 2-4 years on average.

Value $640M NZD
Period of data report 30th Sept. 2024
Members 21,055
Fund started 15th Sept. 2013
Total annual fund fees 0.63%
Total performance based fees 0.0%
Manager's basic fee 0.63%
Other management and administration charges 0.0%
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 14.19% 16.99%
2023 -4.84% -5.07%
2022 3.55% 5.06%
2021 33.87% 38.14%
2020 -6.10% -12.07%
2019 10.35% 8.12%
2018 6.95% 5.03%
2017 10.40% 12.36%
2016 4.51% 5.39%
2015 15.30% 13.23%

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
    13.95%
  • Vanguard S&P 500 ETF
    United States International Equities
    10.82%
  • Vanguard FTSE Europe ETF
    United States International Equities
    7.51%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    4.59%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    4.34%
  • Vanguard Mid-Cap ETF
    United States International Equities
    4.06%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.91%
  • Vanguard Small-Cap ETF
    United States International Equities
    3.45%
  • Vanguard Growth ETF
    United States International Equities
    3.45%
  • Ishares Msci Usa ESG Screened Ucits ETF
    Ireland International Equities
    3.3%
Type Target Actual
Cash and Cash Equivalents 1.0% 1.6%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 25.0% 24.66%
International Equities 64.0% 64.42%
Listed Properties 5.0% 4.99%
Unlisted Properties 0.0% 0.0%
Other 5.0% 4.33%
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.