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

    • Motorola Solutions Inc 0.80%
    • Corteva Inc 0.72%
    • Pg&E Corp 0.63%
    • Archer-Daniels-Midland Co 0.35%
    • Fmc Corp 0.26%
    • Corteva Inc 0.72%
    • Intl Flavors & Fragrances 0.41%
    • Church & Dwight Co Inc 0.39%
    • Albemarle Corp 0.36%
    • The Clorox Co. 0.34%
    • Tyson Foods Inc-Cl A 0.29%
    • Fmc Corp 0.26%
    • Mosaic Co 0.24%
    • Celanese Corp 0.17%
    • Eastman Chemical Co 0.17%
    • Hormel Foods Corp 0.17%
    • Amphenol Corp 0.74%
    • Transdigm Inc 0.65%
    • Teledyne Technologies Inc 0.32%
    • Heico Corp. 0.27%
    • Jacobs Solutions Inc 0.24%
    • Textron, Inc. 0.23%
    • Howmet Aerospace Inc 0.14%
    • Leidos Holdings Inc 0.11%
    • Hess Corp 0.66% !!
      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 0.63%
    • Cheniere Energy Inc 0.62% !!
      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 0.58%
    • Devon Energy Corp 0.58% !!
      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
    • Wec Energy Group Inc 0.50%
    • Oneok Inc 0.46%
    • Halliburton Co 0.44%
    • Diamondback Energy Inc 0.43% !!
      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
    • Constellation Energy 0.42%
    • Ameren Corp 0.38%
    • Entergy Corp 0.38%
    • Delta Air Lines Inc 0.36%
    • Ppl Corp 0.35%
    • Coterra Energy Inc 0.32% !!
      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 0.31%
    • Cms Energy Corp 0.30%
    • Williams Cos Inc 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
    • Westinghouse Air Brake 0.28%
    • Aes Corp/The 0.26% !!
      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 Oil Corp 0.25% !!
      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 0.24%
    • Alliant Energy Corp 0.23%
    • Loews Corp 0.19%
    • Nisource Inc 0.19%
    • Vistra Corp 0.16%

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 2023 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 US shares and is designed to track the return (before tax, fees and other expenses) of the CRSP US Mid Cap Index.

Value $3.9M NZD
Period of data report 30th June 2023
Members 763
Fund started 21st Sept. 2015
Total annual fund fees 0.57%
Total performance based fees 0.0%
Manager's basic fee 0.55%
Other management and administration charges 0.02%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (7 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 2 months)

Stuart Kenneth Reginald Millar

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

Graham Nicholas Stewart Law

Currently: Director (1 years, 6 months)
Previously: Chief Financial and Corporate Officer - NZX (current position) (5 years, 6 months)

Alister John Williams

Currently: Director (7 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 2023.

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
2023 -4.84% -4.18%
2022 3.55% 9.06%
2021 33.87% 39.76%
2020 -6.10% -4.41%
2019 10.35% 11.48%
2018 6.95% 5.72%
2017 10.40% 11.58%

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 2023.

Top 10 Investments

  • Vanguard Mid-Cap ETF
    United States International Equities
    99.68%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.201717%
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% 99.79828%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
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 2023.