Not Mindful
Fund type: Aggressive fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership 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
Alleghany Corp. 0.02%
Coca-Cola Co. 1.18%
Conocophillips 0.53%
Devon Energy Corp. 0.07%
Dominion Energy Inc. 0.34%
Eog Resources Inc. 0.27%
Exxon Mobil Corp. 1.45%
Hess Corp. 0.13%
Kinder Morgan Inc. 0.19%
Loews Corp. 0.07%
Lyondellbasell Industries Nv 0.15%
Marathon Petroleum Corp. 0.22%
Occidental Petroleum Corp. 0.16%
Oneok Inc. 0.15%
Phillips 66 0.18%
Public Service Enterprise Group Inc. 0.18%
Williams Cos. Inc. 0.19%
Weapons
General Dynamics Corp. 0.27%
Honeywell International Inc. 0.85%
Jacobs Engineering Group Inc. 0.10%
L3Harris Technologies Inc. 0.25%
Leidos Holdings Inc. 0.04%
Lockheed Martin Corp. 0.47%
Northrop Grumman Corp. 0.30%
Raytheon Technologies Corp. 0.75%
Textron Inc. 0.09%
Transdigm Group Inc. 0.19%
Tobacco
Altria Group Inc. 0.49%
Philip Morris International Inc. 0.86%
Gambling
Las Vegas Sands Corp. 0.09%
Mgm Resorts International 0.05%
Adult Entertainment/Pornography
Mgm Resorts International 0.05%
Alcohol
Constellation Brands Inc. 0.19%
Molson Coors Beverage Co. 0.02%
GMOs
Corteva Inc. 0.18%
Human Rights & Environmental Violations
Duke Energy Corp. 0.44%
Freeport-Mcmoran Inc. 0.27%
Johnson & Johnson 2.46%
Motorola Solutions Inc. 0.12%
Pg&E Corp. 0.11%
Animal Testing
Albemarle Corp. 0.08%
Altria Group Inc. 0.49%
Archer-Daniels-Midland Co. 0.20%
Celanese Corp. 0.10%
Clorox Co. 0.12%
Coca-Cola Co. 1.18%
Corteva Inc. 0.18%
Dow Inc. 0.25%
Dupont De Nemours Inc. 0.21%
Eastman Chemical Co. 0.08%
Fmc Corp. 0.03%
General Mills Inc. 0.21%
Honeywell International Inc. 0.85%
Hp Inc. 0.20%
Ingersoll Rand Inc. 0.12%
International Flavors & Fragrances Inc. 0.20%
Johnson & Johnson 2.46%
Kellogg Co. 0.10%
Keurig Dr Pepper Inc. 0.14%
Kimberly-Clark Corp. 0.25%
Kraft Heinz Co. 0.15%
Lyondellbasell Industries Nv 0.15%
Mondelez International Inc. 0.47%
PPG Industries Inc. 0.20%
Pepsico Inc. 1.20%
Philip Morris International Inc. 0.86%
Procter & Gamble Co. 1.97%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.
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 |
|---|---|---|
| 2021 | 36.11% | 25.76% |
| 2020 | -6.34% | -2.7% |
| 2019 | 9.78% | 12.61% |
| 2018 | 6.95% | 4.59% |
| 2017 | 10.40% | 13.19% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
-
Vanguard Value ETF
United States International Equities98.4775% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-2.2731%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 2.26% |
| 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% | 97.74% |
| 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 Fri Dec. 31st 2021.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.05%
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Alcohol:0.21%
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Animal Testing:12.42%
-
Fossil Fuels:5.45%
-
Gambling:0.14%
-
GMOs:0.18%
-
Human Rights & Environmental Violations:3.40%
-
Palm Oil:0.00%
-
Tobacco:1.35%
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Weapons:3.31%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"Invests in US shares and designed to track the return (before tax fees and other expenses) of the CRSP US Large Cap Value Index."
| Value | $4.9M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Members | 427 |
| Fund started | Mon Sept. 21st 2015 |
| Total annual fund fees | 0.57% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.56% |
| Other management and administration charges | 0.01% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (6 years, 1 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (2 years, 7 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (3 years, 10 months) |
|
Alister John Williams |
Currently: Director (6 years, 1 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
