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 0.68%
    • Johnson & Johnson 0.24%
    • Nestle SA-Reg 0.23%
    • Rio Tinto Ltd 0.17%
    • Thermo Fisher Scientific Inc 0.14%
    • Wells Fargo & Co 0.13%
    • Caterpillar Inc 0.12%
    • Uber Technologies Inc 0.10%
    • Ubs Group AG-Reg 0.10%
    • Rio Tinto PLC-Spon Adr 0.08%
    • Raytheon Technologies Corp 0.07%
    • Lockheed Martin Corp 0.06%
    • Motorola Solutions Inc 0.06%
    • Glencore PLC 0.05%
    • Palantir Technologies Inc-A 0.03%
    • BHP Group Ltd 0.83% !!
      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 0.24% !!
      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 0.18%
    • Chevron Corp 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
    • Pg&E Corp 0.09%
    • Glencore PLC 0.05%
    • Basf Se 0.04%
    • Freeport-Mcmoran Inc 0.04%
    • Corteva Inc 0.03%
    • 3M Co 0.02%
    • Archer-Daniels-Midland Co 0.02%
    • Bayer AG-Reg 0.02%
    • Tokyo Electric Power Company 0.02%
    • Vale SA 0.02%
    • Exxon Mobil Corporation 0.30% !!
      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 0.24% !!
      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 0.21%
    • LVMH Moet Hennessy Vuitt 0.18%
    • Chevron Corp 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
    • Air Liquide SA 0.10%
    • Reliance Industries Ltd 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
    • Shin-Etsu Chemical Co Ltd 0.10%
    • Unilever PLC 0.10%
    • Hermes International 0.09%
    • L'Oreal 0.08%
    • Philip Morris International 0.08%
    • LVMH Moet Hennessy Louis Vui 0.06%
    • Orica Ltd 0.06%
    • British American Tobacco Holdings (The Netherlands) Bv 0.05%
    • Sherwin-Williams Co/The 0.05%
    • Altria Group Inc 0.04%
    • Basf Se 0.04%
    • Colgate-Palmolive Co 0.03%
    • Corteva Inc 0.03%
    • Givaudan-Reg 0.03%
    • L'Oreal SA 0.03%
    • 3M Co 0.02%
    • Bayer AG-Reg 0.02%
    • Dow Inc 0.02%
    • Dupont De Nemours Inc 0.02%
    • Ecolab 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
    • Kao Corp 0.02%
    • Kering 0.02%
    • Koninklijke Ahold Delhaize N 0.02%
    • PPG Industries Inc 0.02%
    • Celanese Corp 0.01%
    • Church & Dwight Co Inc 0.01%
    • Clorox Company 0.01%
    • Entegris Inc 0.01%
    • Hindustan Unilever Ltd 0.01%
    • Intl Flavors & Fragrances 0.01%
    • Kimberly-Clark Corp 0.01%
    • Novozymes A/S-B Shares 0.01%
    • Otsuka Holdings Co Ltd- Unsp 0.01%
    • Walmart Inc 0.17%
    • Airbus Se 0.09%
    • Amphenol Corp 0.08%
    • Honeywell International Inc 0.08%
    • Raytheon Technologies Corp 0.07%
    • Transdigm Group Inc 0.07%
    • Boeing Co/The 0.06%
    • Lockheed Martin Corp 0.06%
    • Safran SA 0.06%
    • Bae Systems PLC 0.04%
    • Daikin Industries Ltd 0.04%
    • General Dynamics Corp. 0.04%
    • L3Harris Technologies Inc 0.03%
    • Northrop Grumman Corp 0.03%
    • Rolls-Royce Holdings PLC 0.03%
    • Howmet Aerospace Inc 0.02%
    • Rheinmetall AG 0.02%
    • Booz Allen Hamilton Holdings 0.01%
    • Brookfield Corp 0.01%
    • Jacobs Solutions Inc 0.01%
    • Larsen & Toubro Ltd 0.01%
    • Teledyne Technologies Inc 0.01%
    • Textron, Inc. 0.01%
    • Thales SA 0.01%
    • Contact Energy Ltd 0.96% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.83% !!
      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 0.33%
    • Exxon Mobil Corporation 0.30% !!
      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 0.24% !!
      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 0.20% !!
      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
    • Genesis Energy Ltd 0.19%
    • Southern Co/The 0.19%
    • Duke Energy Corp 0.18%
    • Rio Tinto Ltd 0.17%
    • Chevron Corp 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 0.14% !!
      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
    • 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
    • Mitsubishi 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
    • Dominion Energy Inc 0.10%
    • Reliance Industries Ltd 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
    • 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
    • American Electric Power 0.09%
    • Pg&E Corp 0.09%
    • Sempra Energy 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
    • Ampol Ltd 0.08%
    • BP 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
    • 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
    • Conocophillips 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%
    • Iberdrola SA 0.08% 1.5°C
      This company is on a 1.5°C pathway
    • Mitsui & Co 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
    • Public Service Enterpris 0.08%
    • Rio Tinto PLC-Spon Adr 0.08%
    • 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
    • Itochu 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
    • Xcel Energy Inc 0.07%
    • Constellation Energy 0.06%
    • Enel Spa 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • Kinder Morgan 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
    • Orica Ltd 0.06%
    • Tc Energy 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
    • Washington H. Soul Pattinson 0.06%
    • Wec Energy Group Inc 0.06%
    • Channel Infrastructure NZ Lt 0.05%
    • Entergy Corp 0.05%
    • Firstenergy Corp 0.05%
    • Glencore PLC 0.05%
    • Ppl Corp 0.05%
    • Targa Resources Corp 0.05%
    • Vopak 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
    • Whitehaven Coal Ltd 0.05%
    • Agl Energy Ltd 0.04%
    • Ameren Corporation 0.04%
    • Atmos Energy Corp 0.04%
    • Centerpoint Energy Inc 0.04%
    • Cms Energy Corp 0.04%
    • Eog Resources 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
    • Marathon Petroleum Corp 0.04%
    • Phillips 66 0.04%
    • South32 Ltd 0.04%
    • Total SA 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
    • Fortis 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
    • 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
    • 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
    • Origin Energy 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
    • 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
    • Pioneer Natural Resources Co 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
    • Alliant Energy Corp 0.02%
    • Centrica PLC 0.02%
    • Chubu Electric Power Co Inc 0.02%
    • Clp Holdings Ltd 0.02%
    • Dassault Systemes 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
    • Diamondback 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
    • E.On Se 0.02%
    • Emera 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
    • Evergy Inc 0.02%
    • Halliburton Co 0.02%
    • Hong Kong & China 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
    • Kansai Electric Power Co Inc 0.02%
    • Nippon Steel Corp 0.02%
    • Nisource Inc 0.02%
    • Osaka 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
    • Petrobras - Petroleo Bras-Pr 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%
    • 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
    • Vale SA 0.02%
    • Valero Energy Corp 0.02%
    • Beach 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
    • 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
    • Dte Energy Co 0.01%
    • Engie 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
    • 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
    • New Hope Corp Ltd 0.01%
    • Occidental Petroleum 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
    • Oge Energy Corp. 0.01%
    • 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
    • Posco Holdings Inc 0.01%
    • Power Assets Holdings Ltd 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
    • 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
    • Viva Energy Group 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 31st March 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 June 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, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 9 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 7 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 June 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 June 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 June 2024.