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
Canadian Natl Resources 2.890000% 08/14/2020 0.05%
Equinor Asa 2.000000% 09/10/2020 0.08%
Evergy Inc 4.850000% 06/01/2021 0.12%
Total Capital Canada Ltd 1.875000% 07/09/2020 0.16%
Total Capital Intl SA 2.125000% 11/19/2021 0.02%
Total Capital Intl SA 2.750000% 06/19/2021 0.03%
Total Capital SA 4.450000% 06/24/2020 0.12%
Weapons
Tobacco
Gambling
Alcohol
Anheuser-Busch Inbev SA/ 1.950000% 09/30/2021 0.13%
Palm Oil
GMOs
Human Rights & Environmental Violations
Nestle Finance Intl Ltd 1.250000% 05/04/2020 0.06%
Animal Testing
Nestle Finance Intl Ltd 1.250000% 05/04/2020 0.050%
Procter & Gamble Co/The 4.125000% 12/07/2020 0.020%
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 | -7.41% | 2.0% |
2019 | 10.11% | 2.37% |
2018 | 6.68% | 0.45% |
2017 | 11.18% | 1.5% |
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
Ishares Global Aggregate Bond Ucits ETF NZD Hedged
Ireland Int Fixed Interest40.48% -
Harbour NZ Core Fixed Interest Fund
New Zealand NZ Fixed Interest24.53% -
Dimensional Two-Year Diversified Fixed Interest Trust – NZD Class Units
Australia Int Fixed Interest18.44% -
Cash Deposit (ANZ Bank)
New Zealand Cash and Equivalents3.88% -
Southland Building Society Term Deposit Maturity 061117 22/10/20
New Zealand Cash and Equivalents BBB1.97% -
Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged)-NZD Hedged
Australia Int Fixed Interest1.95% -
Southland Building Society Term Deposit Maturity 061117 20/07/20
New Zealand Cash and Equivalents BBB1.5% -
Southland Building Society Term Deposit Maturity 061117 21/12/20
New Zealand Cash and Equivalents BBB1.47% -
Southland Building Society Term Deposit Maturity 061117 07/07/20
New Zealand Cash and Equivalents BBB1.0% -
Southland Building Society Term Deposit Maturity 061117 21/09/20
New Zealand Cash and Equivalents BBB1.0%
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 | 15.0% | 14.6% |
New Zealand Fixed Interest | 25.0% | 24.53% |
International Fixed Interest | 60.0% | 60.87% |
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:0.31%
-
Animal Testing:0.58%
-
Fossil Fuels:1.22%
-
Gambling:0.01%
-
GMOs:0.07%
-
Human Rights & Environmental Violations:0.23%
-
Palm Oil:0.01%
-
Tobacco:0.10%
-
Weapons:0.13%
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
"The fund aims to provide investors with a low-risk investment option that invests solely in income assets, being cash and fixed interest investments."
Value | $100M NZD |
Period of data report | Tue June 30th 2020 |
Members | 7,789 |
Fund started | Wed Oct. 14th 2015 |
Total annual fund fees | 0.88% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.55% |
Administration charges | 0.33% |
Total other charges | 24.0 |
Total other charges currency | NZD |
Key Personnel
Graham Duston |
Currently: Investment Committee member (18 years, 9 months) |
Damon O'Brien |
Currently: Independent Investment Committee member (5 years, 2 months) |
Martin Pike |
Currently: Investment Strategist (4 years, 9 months) |
Mike Skilling |
Currently: Non-executive Director / Investment Committee chairperson (4 years, 1 months) |
Derek Young |
Currently: Investment Committee member (16 years, 0 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.