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

    • Kbr Inc 0.17%
    • Mattel Inc 0.17%
    • Bunge Ltd 0.34%
    • Chemours Co/The 0.09%
    • Scotts Miracle-Gro Co 0.05%
    • Entegris Inc 0.29%
    • Rpm International Inc 0.26%
    • Olin Corp 0.14%
    • Tapestry Inc 0.14%
    • Capri Holdings Ltd 0.13%
    • Element Solutions Inc 0.10%
    • Balchem Corp 0.09%
    • Chemours Co/The 0.09%
    • Coty Inc-Cl A 0.09%
    • Huntsman Corp 0.09%
    • Ralph Lauren Corp 0.09%
    • Ashland Inc 0.08%
    • Cabot Corp 0.08%
    • H.B. Fuller Co. 0.08%
    • Avient Corp 0.07%
    • Livent Corp 0.07%
    • Spectrum Brands Holdings Inc 0.06%
    • Wd-40 Co 0.06%
    • Innospec Inc 0.05%
    • Scotts Miracle-Gro Co 0.05%
    • Sensient Technologies Corp 0.05%
    • Cal-Maine Foods Inc 0.04%
    • Edgewell Personal Care Co 0.04%
    • Seaworld Entertainment Inc 0.04%
    • Six Flags Entertainment Corp 0.04%
    • Topgolf Callaway Brands Corp 0.04%
    • Westlake Corp 0.04%
    • Boot Barn Holdings Inc 0.03%
    • Herbalife Nutrition Ltd 0.03%
    • Ingevity Corp 0.03%
    • Stepan Co 0.03%
    • Tronox Holdings PLC 0.03%
    • Ecovyst Inc 0.02%
    • Koppers Inc 0.02%
    • Nu Skin Enterprises Inc - A 0.02%
    • Pilgrim'S Pride Corp 0.02%
    • Booz Allen Hamilton Holdings 0.30%
    • Howmet Aerospace Inc 0.19%
    • Huntington Ingalls Industrie 0.18%
    • Itt Inc 0.17%
    • Kbr Inc 0.17%
    • Curtiss-Wright Corp 0.16%
    • Woodward Inc 0.16%
    • Bwx Technologies Inc 0.15%
    • Caci International Inc -Cl A 0.15%
    • Rbc Bearings Inc 0.15%
    • Dick'S Sporting Goods Inc 0.14%
    • Leidos Holdings Inc 0.14%
    • Olin Corp 0.14%
    • Oshkosh Corp 0.13%
    • Hexcel Corp 0.12%
    • Science Applications Inte 0.12%
    • Ati Inc 0.11%
    • Fluor Corp 0.11%
    • Crane Co 0.09%
    • Mueller Industries Inc 0.09%
    • Academy Sports & Outdoors In 0.08%
    • Firstcash Holdings Inc 0.08%
    • Moog Inc-Class A 0.07%
    • Aerovironment Inc 0.06%
    • Albany Intl Corp-Cl A 0.06%
    • Crane Nxt Co 0.06%
    • Esco Technologies Inc 0.06%
    • Oceaneering Intl Inc 0.06%
    • Sanmina Corp 0.06%
    • Aar Corp 0.04%
    • Kratos Defense & Security 0.04%
    • Mercury Systems Inc 0.04%
    • Viasat Inc 0.04%
    • Ttm Technologies 0.03%
    • Compass Diversified Holdings 0.02%
    • Leonardo Drs Inc 0.02%
    • Sturm Ruger & Co Inc 0.02%
    • Vista Outdoor Inc 0.02%
    • Targa Resources Corp 0.40%
    • Atmos Energy Corp 0.33%
    • Ovintiv Inc 0.27% !!
      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
    • Apa Corp 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
    • Chesapeake Energy Corp 0.23% !!
      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
    • Nrg Energy Inc 0.19%
    • Eqt Corp 0.18% !!
      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
    • Hf Sinclair Corp 0.18%
    • Pinnacle West Capital 0.18%
    • Civitas Resources Inc 0.16% !!
      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
    • Range Resources Corp 0.16% !!
      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
    • Antero Resources Corp 0.15% !!
      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
    • Southwestern Energy Co 0.15% !!
      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
    • Chord Energy Corp 0.14% !!
      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
    • Matador Resources Co 0.14% !!
      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
    • Murphy Oil Corp 0.14% !!
      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
    • Oge Energy Corp 0.14%
    • Pbf Energy Inc-Class A 0.13%
    • Vistra Corp 0.13%
    • Jefferies Financial Group In 0.12%
    • Texas Pacific Land Corp 0.12%
    • Alcoa Corp 0.11%
    • Dt Midstream Inc 0.11%
    • Fluor Corp 0.11%
    • Kirby Corp 0.11%
    • Denbury Inc 0.10% !!
      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
    • Idacorp Inc 0.10%
    • National Fuel Gas Co 0.10% !!
      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
    • Sm Energy Co 0.10% !!
      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
    • Ugi Corp 0.10%
    • Antero Midstream Corp 0.09%
    • Magnolia Oil & Gas Corp - A 0.09%
    • Mdu Resources Group Inc 0.09%
    • Portland General Electric Co 0.09%
    • Post Holdings Inc 0.09%
    • California Resources Corp 0.08% !!
      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
    • Equitrans Midstream Corp 0.08% !!
      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
    • Permian Resources Corp 0.08% !!
      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
    • Pnm Resources Inc 0.08%
    • Allete Inc 0.07%
    • Black Hills Corp 0.07%
    • Cnx Resources Corp 0.07% !!
      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
    • New Fortress Energy Inc 0.07% !!
      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
    • Otter Tail Corp 0.07%
    • Alpha Metallurgical Resource 0.06%
    • Arch Resources Inc 0.06%
    • Ftai Aviation Ltd. 0.06%
    • Northwestern Corp 0.06%
    • Peabody Energy Corp 0.06%
    • Spire Inc 0.06%
    • Warrior Met Coal, Inc. 0.06%
    • Avista Corp 0.05%
    • Callon Petroleum Co 0.05% !!
      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
    • Mge Energy Inc 0.05%
    • Clearway Energy Inc-C 0.04%
    • Delek US Holdings Inc 0.04% !!
      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
    • Sitio Royalties Corp-A 0.04%
    • Hawaiian Electric Inds 0.03%
    • Northern Oil and Gas Inc 0.03% !!
      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
    • Pros Holdings Inc 0.03%
    • Comstock Resources Inc 0.02% !!
      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
    • Crescent Energy Inc-A 0.02% !!
      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
    • Cvr Energy Inc 0.02%
    • International Seaways Inc 0.02%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30th Sept. 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 Small Cap Index.

Value $4.45M NZD
Period of data report 30th Sept. 2023
Members 758
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, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 5 months)

Stuart Kenneth Reginald Millar

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

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 1 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (7 years, 10 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 Sept. 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% -3.51%
2022 3.55% 0.74%
2021 33.87% 55.24%
2020 -6.10% -13.31%
2019 10.35% 11.3%
2018 6.95% 6.32%
2017 10.40% 15.35%

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 Sept. 2023.

Top 10 Investments

  • Vanguard Small-Cap ETF
    United States International Equities
    98.09%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    2.11%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.790576%
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% 98.209424%
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 Sept. 2023.