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
Aes Corporation 0.05%
Alliant Energy Corp 0.05%
Ameren Corporation 0.07%
American Electric Power Company, Inc. 0.16%
Atmos Energy Corporation 0.04%
Cabot Oil & Gas Corporation 0.03%
Chevron Corporation 0.49%
Cms Energy Corporation 0.07%
Coca-Cola Company 0.68%
Concho Resources Inc. 0.03%
Conocophillips 0.11%
Diamondback Energy, Inc. 0.02%
Dominion Energy Inc 0.25%
Dte Energy Company 0.09%
Eog Resources, Inc. 0.07%
Evergy, Inc. 0.05%
Exxon Mobil Corporation 0.51%
Firstenergy Corp. 0.06%
Hess Corporation 0.04%
Kansas City Southern 0.06%
Kinder Morgan Inc Class P 0.09%
Loews Corporation 0.03%
Lyondellbasell Industries Nv 0.06%
Marathon Petroleum Corporation 0.07%
Nextera Energy, Inc. 0.53%
Norfolk Southern Corporation 0.20%
Nrg Energy, Inc. 0.03%
Occidental Petroleum Corporation 0.03%
Oneok, Inc. 0.05%
Phillips 66 0.07%
Pinnacle West Capital Corporation 0.03%
Pioneer Natural Resources Company 0.05%
Ppl Corporation 0.08%
Valero Energy Corporation 0.06%
Wec Energy Group Inc 0.12%
Weyerhaeuser Company 0.07%
Williams Companies, Inc. 0.07%
Xcel Energy Inc. 0.14%
Weapons
Amphenol Corporation Class A 0.12%
Boeing Company 0.28%
Flir Systems, Inc. 0.02%
General Dynamics Corporation 0.11%
Honeywell International Inc. 0.43%
Howmet Aerospace Inc. 0.02%
Huntington Ingalls Industries, Inc. 0.02%
Jacobs Engineering Group Inc. 0.05%
L3Harris Technologies Inc 0.13%
Leidos Holdings, Inc. 0.04%
Lockheed Martin Corporation 0.32%
Northrop Grumman Corporation 0.17%
Raytheon Technologies Corporation 0.31%
Teledyne Technologies Incorporated 0.04%
Textron Inc. 0.03%
Transdigm Group Incorporated 0.10%
Tobacco
Altria Group Inc 0.25%
Philip Morris International Inc. 0.41%
Gambling
Las Vegas Sands Corp. 0.06%
Mgm Resorts International 0.03%
Wynn Resorts, Limited 0.03%
Adult Entertainment/Pornography
Mgm Resorts International 0.03%
Alcohol
Brown-Forman Corporation Class B 0.05%
Constellation Brands, Inc. Class A 0.10%
GMOs
Corteva Inc 0.09%
Human Rights & Environmental Violations
Archer-Daniels-Midland Company 0.09%
Chevron Corporation 0.49%
Duke Energy Corporation 0.25%
Freeport-Mcmoran, Inc. 0.09%
Johnson & Johnson 1.33%
Sempra Energy 0.13%
Animal Testing
Air Products and Chemicals, Inc. 0.220%
Albemarle Corporation 0.040%
Altria Group Inc 0.250%
Archer-Daniels-Midland Company 0.090%
Cabot Oil & Gas Corporation 0.030%
Celanese Corporation 0.050%
Chevron Corporation 0.490%
Church & Dwight Co., Inc. 0.080%
Clorox Company 0.100%
Coca-Cola Company 0.680%
Colgate-Palmolive Company 0.250%
Corteva Inc 0.090%
Dow, Inc. 0.120%
Dupont De Nemours, Inc. 0.150%
Eastman Chemical Company 0.040%
Ecolab Inc. 0.170%
Estee Lauder Companies Inc. Class A 0.180%
Fmc Corporation 0.050%
General Mills, Inc. 0.130%
Hollyfrontier Corporation 0.010%
Honeywell International Inc. 0.430%
Hp Inc. 0.090%
Ingersoll Rand Inc. 0.050%
International Flavors & Fragrances Inc. 0.030%
Johnson & Johnson 1.330%
Kellogg Company 0.060%
Kimberly-Clark Corporation 0.170%
Kraft Heinz Company 0.070%
L Brands, Inc. 0.030%
Linde PLC 0.430%
Lyondellbasell Industries Nv 0.060%
Mondelez International, Inc. Class A 0.280%
Mosaic Company 0.020%
Pepsico, Inc. 0.680%
Philip Morris International Inc. 0.410%
PPG Industries, Inc. 0.110%
Procter & Gamble Company 1.260%
Pvh Corp. 0.020%
Ralph Lauren Corporation Class A 0.010%
Sherwin-Williams Company 0.210%
Tapestry, Inc. 0.020%
Xerox Holdings Corporation 0.010%
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 | -7.41% | 5.82% |
| 2019 | 10.11% | 15.41% |
| 2018 | 6.68% | 7.36% |
| 2017 | 11.18% | 11.5% |
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 S&P 500 ETF
United States International Equities100.0% -
Westpac NZD Current Account
New Zealand Cash and Equivalents AA-0.4101%
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 | 0.0% | 0.41% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 100.0% | 99.59% |
| 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:0.03%
-
Alcohol:0.15%
-
Animal Testing:9.00%
-
Fossil Fuels:4.75%
-
Gambling:0.12%
-
GMOs:0.09%
-
Human Rights & Environmental Violations:2.38%
-
Palm Oil:0.00%
-
Tobacco:0.66%
-
Weapons:2.19%
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 US shares and designed to track the return (before tax fees and other expenses) on the S&P 500 Index."
| Value | $14M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | 1,109 |
| Fund started | Mon Sept. 21st 2015 |
| Total annual fund fees | 0.54% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.53% |
| 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.
