Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Abu Dhabi National Energy Co. PJSC 0.01%
Anglo American Capital PLC 0.02%
Cez As 0.01%
China Cinda Finance 2015 I Ltd. 0.01%
Ck Hutchison International 17 Ii Ltd. 0.01%
Ck Hutchison International 20 Ltd. 0.01%
Cnac Hk Finbridge Co. Ltd. 0.03%
Cnooc Finance 2012 Ltd. 0.01%
Cnooc Petroleum North America Ulc 0.01%
Coca-Cola Co. 0.01%
Diamondback Energy Inc 011224 2.875% Cb 0.05%
Dominion Energy Gas Holdings Llc 150621 Frn 0.03%
Electricite De France SA 0.02%
Electricite De France SA 131020 2.35% Cb 0.02%
Enbridge Inc 180222 Frn 0.07%
Enbw Energie Baden-Wuerttemberg AG 0.03%
Enel Finance International Nv 170624 0.0% Cb 0.04%
Energy Transfer Partner Lp 150424 4.50% Cb 0.02%
Eni Spa 0.03%
Equinor Asa 0.01%
Exxon Mobil Corp. 0.02%
Gazprom Neft Oao Via Gpn Capital SA 0.01%
Genesis Energy Ltd 03/04/25 5.00% Cb 0.66%
Genesis Energy Ltd 08/03/23 5.81% Gb 0.32%
Genesis Energy Ltd 20/07/22 1.32% Gb 0.16%
Glencore Capital Finance Dac 0.01%
Grupo De Inversiones Suramericana SA 0.01%
Iberdrola Finanzas SA 0.01%
Indonesia Asahan Aluminium Persero Pt 0.01%
Kazmunaygas National Co. Jsc 0.01%
Korea Gas Corp. 0.01%
Lyb International Finance Ii Bv 0.01%
Mplx Lp 0.01%
Naturgy Finance Bv 0.01%
Nederlandse Gasunie Nv 0.01%
Nextera Energy Capital Holdings Inc 250222 Frn 0.05%
Occidental Petroleum Corp 150822 Frn 0.03%
Omers Finance Trust 0.02%
Ongc Videsh Ltd. 0.01%
Pertamina Persero Pt 0.02%
Perusahaan Perseroan Persero Pt Perusahaan Listrik Negara 0.03%
Petrobras Global Finance Bv 150130 5.093% Cb 0.08%
Petrobras Global Finance Bv 170344 7.25% Cb 0.02%
Petroleos Mexicanos 210947 6.75% Gb 0.01%
Saudi Arabian Oil Co 160422 2.75% Cb 0.03%
Saudi Arabian Oil Co. 0.03%
Shell International Finance Bv 0.01%
Sinopec Group Overseas Development 2017 Ltd. 0.02%
Sinopec Group Overseas Development 2018 Ltd. 0.01%
Southern Power Co 201220 Frn 0.02%
Thaioil Treasury Center Co. Ltd. 0.01%
Weapons
Boeing Co. 0.02%
Tobacco
Bat International Finance PLC 0.01%
Philip Morris International Inc. 0.02%
Gambling
Las Vegas Sands Corp 250625 2.90% Cb 0.05%
Sands China Ltd 080828 5.4% Cb 0.04%
Sands China Ltd. 0.02%
Alcohol
Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.03%
Anheuser-Busch Inbev SA/Nv 0.04%
Bacardi Ltd 150121 4.5% Cb 0.02%
Heineken Nv 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.01%
Palm Oil
Human Rights & Environmental Violations
Duke Energy Corp. 0.01%
Glencore Capital Finance Dac 0.01%
Johnson & Johnson 0.02%
Nestle Finance International Ltd. 0.01%
Shell International Finance Bv 0.01%
Vale Overseas Ltd. 0.01%
Animal Testing
Bat International Finance PLC 0.010%
Bayer AG 0.010%
Bayer Capital Corp. Bv 0.020%
Bayer US Finance Ii Llc 0.020%
Bayer US Finance Ii Llc 151228 4.375% Cb 0.040%
Cnac Hk Finbridge Co. Ltd. 0.030%
Coca-Cola Co. 0.010%
General Mills Inc 160421 Frn 0.020%
Glaxosmithkline Capital Inc. 0.010%
Glaxosmithkline Capital PLC 0.010%
Johnson & Johnson 0.020%
LVMH Moet Hennessy Louis Vuitton Se 0.010%
Lyb International Finance Ii Bv 0.010%
Mondelez International Holdings Netherlands Bv 0.010%
Nestle Finance International Ltd. 0.010%
Philip Morris International Inc. 0.020%
Reckitt Benckiser Treasury Services PLC 24/06/22 2.375% Cb 0.100%
Shell International Finance Bv 0.010%
Tesco Property Finance PLC 13/07/44 Sf 0.110%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.
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.
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 | 1.56% | 1.76% |
| 2019 | 2.36% | 3.44% |
| 2018 | 2.10% | 2.91% |
| 2017 | 1.65% | 2.67% |
| 2016 | 2.72% | 2.6% |
| 2015 | 4.23% | 6.73% |
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 Wed Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
Vanguard International Credit Securities Index Fund Hedged
Australia Int Fixed Interest30.65% -
Ishares Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest8.1003% -
Westpac NZD Current Account
New Zealand Cash and Equivalents AA-2.3462% -
New Zealand Government 20/09/25 2.0% Ib
New Zealand NZ Fixed Interest AA+2.208% -
New Zealand Local Government Funding Agency 14/04/33 3.50% Gb
New Zealand NZ Fixed Interest AA+1.3352% -
United States Treasury 03/12/20 0.00% Gb
United States Int Fixed Interest0.9077% -
Insurance Australia Group Ltd 15/06/43 5.15% Cb
Australia NZ Fixed Interest BBB0.8208% -
ASB Bank Ltd 07/09/23 3.31% Cb
New Zealand NZ Fixed Interest AA-0.7543% -
Kommunalbanken As 02/07/30 1.25% Gb
Norway NZ Fixed Interest AAA0.7109% -
Tr Group Ltd 07/03/24 4.533% Cb
New Zealand NZ Fixed Interest0.7081%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed Sept. 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.0% | 6.02% |
| New Zealand Fixed Interest | 34.0% | 30.98% |
| International Fixed Interest | 65.0% | 63.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed Sept. 30th 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.34%
-
Animal Testing:1.68%
-
Fossil Fuels:4.16%
-
Gambling:0.12%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.43%
-
Palm Oil:0.02%
-
Tobacco:0.20%
-
Weapons:0.30%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics 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 in income assets and designed for investors that want an investment in New Zealand and international fixed interest. Negative annual returns may occur once in every 7?-?10 years on average."
| Value | $140M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | 15,898 |
| Fund started | Sun Sept. 15th 2013 |
| Total annual fund fees | 0.56% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.55% |
| Administration charges | 0.01% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (4 years, 10 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (1 years, 4 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (2 years, 7 months) |
|
Alister John Williams |
Currently: Director (4 years, 10 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
