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 13/12/2021 0.01%
Anglo American Capital PLC 11/9/2027 0.02%
Cez As 2/12/2026 0.01%
Cnooc Finance (2012) Ltd. 2/5/2022 0.02%
Diamondback Energy Inc 011224 2.875 Cb 0.04%
Dominion Energy Gas Holdings Llc 150621 Frn 0.04%
Enbridge Inc 180222 Frn 0.08%
Energy Transfer Partner Lp 150424 4.50 Cb 0.02%
Eni Spa 12/9/2023 0.01%
Eni Spa 23/1/2030 0.02%
Eqt Corp 011022 3.00 Cb 0.02%
Exxon Mobil Corp. 15/4/2051 0.02%
Lyb International Finance Ii Bv 2/3/2027 0.02%
Nederlandse Gasunie Nv 11/5/2026 0.01%
Nextera Energy Capital Holdings Inc 250222 2.399250 Cb 0.06%
Ongc Videsh Ltd. 15/7/2024 0.01%
Perusahaan Listrik Negara Pt 22/11/2021 0.02%
Petrobras Global Finance 170122 6.125 Cb 0.01%
Petrobras Global Finance Bv 150130 5.093 Cb 0.08%
Petrobras Global Finance Bv 170344 7.25 Cb 0.02%
Sinopec Capital (2013) Ltd. 24/4/2043 0.02%
Sinopec Group Overseas Development 8/8/2049 0.01%
Statoil Asa 17/2/2027 0.01%
Weapons
Northrop Grumman Corp. 1/5/2050 0.02%
Textron Inc. 15/3/2026 0.05%
Tobacco
Bat International Finance PLC 23/5/2022 0.01%
Philip Morris International Inc. 22/8/2022 0.02%
Gambling
Las Vegas Sands Corp 250625 2.90 Cb 0.06%
Sands China Ltd 080828 5.4 Cb 0.04%
Sands China Ltd. 8/8/2023 0.02%
Alcohol
Anheuser Busch Inbev SA 1/7/2027 0.01%
Anheuser Busch Inbev SA 22/1/2027 0.01%
Anheuser Busch Inbev SA 28/3/2031 0.01%
Anheuser-Busch Cos. Llc / Anheuser-Busch 1/2/2036 0.01%
Anheuser-Busch Cos. Llc / Anheuser-Busch 1/2/2046 0.02%
Anheuser-Busch Inbev Finance Inc. 17/1/2023 0.18%
Anheuser-Busch Inbev Nv 17/3/2028 0.01%
Anheuser-Busch Inbev Worldwide Inc. 15/7/2022 0.15%
Bacardi Ltd 150121 4.5 Cb 0.02%
Heineken Nv 30/3/2025 0.01%
Heineken Nv 4/5/2026 0.01%
LVMH Moet Hennessy Louis Vuitton S 11/2/2028 0.01%
Palm Oil
GMOs
Bayer Capital Corp. Bv 26/6/2026 0.02%
Syngenta Finance AG 240420 3.698 Cb 0.06%
Human Rights & Environmental Violations
Johnson & Johnson Medical Kk 15/8/2037 0.02%
Nestle Finance International Ltd. 12/9/2022 0.01%
Animal Testing
Bat International Finance PLC 23/5/2022 0.010%
Bayer Capital Corp. Bv 26/6/2026 0.020%
Bayer US Finance Ii Llc 15/8/2025 0.120%
Bayer US Finance Ii Llc 151228 4.375 Cb 0.050%
Coca-Cola Co 8/3/2031 0.010%
Danone SA 021121 2.077 Cb 0.040%
General Mills Inc 160421 Frn 0.020%
Glaxosmithkline Capital Inc. 15/5/2038 0.010%
Glaxosmithkline Capital PLC 12/10/2028 0.010%
Glaxosmithkline Capital PLC 21/5/2026 0.010%
International Flavors and Fragrances Inc 250920 3.40 Cb 0.060%
Johnson & Johnson Medical Kk 15/8/2037 0.020%
LVMH Moet Hennessy Louis Vuitton S 11/2/2028 0.010%
Nestle Finance International Ltd. 12/9/2022 0.010%
Pepsico Inc. 19/3/2030 0.070%
Philip Morris International Inc. 22/8/2022 0.020%
Reckitt Benckiser Treasury Services PLC 240622 2.375 Cb 0.130%
Syngenta Finance AG 240420 3.698 Cb 0.060%
Tesco Property Finance PLC 130744 Sf 0.120%
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 | 1.56% | 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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
Vanguard International Credit Securities Index Fund Hedged
Australia Int Fixed Interest32.25% -
Ishares Global Aggregate Bond Ucits ETF
Ireland Int Fixed Interest8.07% -
New Zealand Government 20/09/25 2.0% Ib
New Zealand NZ Fixed Interest AA+2.31% -
Westpac Current Account
New Zealand Cash and Equivalents A-1+1.61% -
New Zealand Local Government Funding Agency 14/04/33 3.50% Gb
New Zealand NZ Fixed Interest AA+1.57% -
Federal Home Loan Bank 18/09/20 0.0% Gb
United States Int Fixed Interest0.97% -
Bank Of New Zealand 15/06/23 4.102% Cb
New Zealand NZ Fixed Interest AA-0.88% -
Insurance Australia Group Ltd 15/06/43 5.15% Cb
Australia NZ Fixed Interest BBB0.86% -
ASB Bank Ltd 07/09/23 3.31% Cb
New Zealand NZ Fixed Interest AA-0.82% -
Tr Group Ltd 07/03/24 4.533% Cb
New Zealand NZ Fixed Interest0.77%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue June 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% | 5.37% |
| New Zealand Fixed Interest | 34.0% | 29.95% |
| International Fixed Interest | 65.0% | 64.68% |
| 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 Tue June 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:0.77%
-
Animal Testing:1.86%
-
Fossil Fuels:2.00%
-
Gambling:0.12%
-
GMOs:0.24%
-
Human Rights & Environmental Violations:0.43%
-
Palm Oil:0.03%
-
Tobacco:0.19%
-
Weapons:0.32%
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 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 | $130M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | 15,879 |
| Fund started | Sun Sept. 15th 2013 |
| Total annual fund fees | 0.56% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.46% |
| Administration charges | 0.1% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (4 years, 7 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (1 years, 1 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (2 years, 4 months) |
|
Alister John Williams |
Currently: Director (4 years, 7 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
