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.
BP Capital Markets PLC 144(A) 0.14%
Coca-Cola Co/The 0.750000% 03/09/2023 0.04%
E.On Se 0% 10/24/2022 0.06%
Electricite De France SA 2.250000% 04/27/2021 0.02%
Enel Finance Intl Nv 2.875000% 05/25/2022 0.02%
Equinor Asa 0.875000% 02/17/2023 0.21%
Evergy Inc 4.850000% 06/01/2021 0.11%
Genesis Energy Limited 03/04/2025 5.00% 0.12%
Genesis Energy Limited 08/03/2023 5.81% 0.09%
Genesis Energy Limited 20/07/2022 1.32% 0.05%
Kinder Morgan Ener Part 4.150000% 03/01/2022 0.02%
Mplx Lp 4.500000% 07/15/2023 0.09%
Southern Power Co 1.000000% 06/20/2022 0.08%
Total Capital Intl SA 2.125000% 11/19/2021 0.02%
Total Capital Intl SA 2.750000% 06/19/2021 0.03%
Total Capital Intl SA 4.250000% 11/26/2021 0.05%
Williams Companies Inc 3.350000% 08/15/2022 0.02%
Pernod Ricard SA 4.450000% 01/15/2022 0.02%
Human Rights & Environmental Violations
Sempra Energy 0.700380% 03/15/2021 0.02%
Coca-Cola Co/The 0.750000% 03/09/2023 0.040%
Eastman Chemical Co 1.500000% 05/26/2023 0.120%
Glaxosmithkline Capital 0.125000% 05/12/2023 0.010%
Kellogg Co 1.750000% 05/24/2021 0.090%
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 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|
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:
Ishares Global Aggregate Bond Ucits ETF NZD Hedged
Ireland Int Fixed Interest37.28%
Harbour NZ Core Fixed Interest Fund
New Zealand NZ Fixed Interest24.88%
Dimensional Two-Year Diversified Fixed Interest Trust - NZD Class Units
Australia Int Fixed Interest17.81%
Cash Deposit (ANZ Bank)
New Zealand Cash and Equivalents4.91%
Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged)-NZD Hedged
Australia Int Fixed Interest4.03%
Southland Building Society Term Deposit Maturity 22/10/20
New Zealand Cash and Equivalents BBB1.82%
Kiwibank Term Deposit Maturity 21/09/22
New Zealand Cash and Equivalents AA1.79%
Southland Building Society Term Deposit Maturity 21/12/20
New Zealand Cash and Equivalents BBB1.36%
Southland Building Society Term Deposit Maturity 20/07/21
New Zealand Cash and Equivalents BBB1.34%
Southland Building Society Term Deposit Maturity 24/05/21
New Zealand Cash and Equivalents BBB1.33%
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.
|Cash and Cash Equivalents||15.0%||16.0%|
|New Zealand Fixed Interest||25.0%||24.88%|
|International Fixed Interest||60.0%||59.12%|
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
Human Rights & Environmental Violations:0.17%
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."
|Period of data report||Wed Sept. 30th 2020|
|Fund started||Wed Oct. 14th 2015|
|Total annual fund fees||0.88%|
|Total performance based fees||0.0%|
|Manager's basic fee||0.55%|
|Total other charges||24.0|
|Total other charges currency||NZD|
Currently: Investment Committee member (19 years, 0 months)
Currently: Independent Investment Committee member (5 years, 5 months)
Currently: Investment Strategist (5 years, 0 months)
Currently: Non-executive Director / Investment Committee chairperson (4 years, 4 months)
Currently: Investment Committee member (16 years, 3 months)
Download the fund's disclosure statement and portfolio holdings.