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
Aes Corp. 0.01%
Alliant Energy Corp. 0.04%
Ameren Corp. 0.04%
American Electric Power Co. Inc. 0.09%
Ampol Ltd 0.05%
Apa Group 0.04%
Atmos Energy Corp. 0.02%
BHP Group Ltd 0.28%
Canadian National Railway Co. 0.19%
Canadian Pacific Railway Ltd. 0.11%
Cheniere Energy Inc. 0.02%
Chubu Electric Power Co. Inc. 0.01%
Clp Holdings Ltd. 0.03%
Cms Energy Corp. 0.05%
Coca-Cola Amatil Ltd 0.04%
Coca-Cola Co. 0.14%
Dominion Energy Inc. 0.13%
Emera Inc. 0.02%
Enagas SA 0.01%
Enbridge Inc. 0.11%
Evergy Inc. 0.02%
Firstenergy Corp. 0.03%
Fortis Inc./Canada 0.05%
Franco-Nevada Corp. 0.02%
Genesis Energy Limited 0.28%
Hong Kong & China Gas Co. Ltd. 0.03%
Kansas City Southern 0.04%
Kinder Morgan Inc. 0.04%
Lyondellbasell Industries Nv Class A 0.01%
Naturgy Energy Group SA 0.01%
Nextera Energy Inc. 0.28%
Norfolk Southern Corp. 0.10%
Oge Energy Corp. 0.01%
Oneok Inc. 0.02%
Orix Corp. 0.01%
Osaka Gas Co. Ltd. 0.01%
Pembina Pipeline Corp. 0.02%
Pinnacle West Capital Corp. 0.02%
Power Assets Holdings Ltd. 0.01%
Ppl Corp. 0.05%
Reliance Industries Gdr Representi 144A 0.06%
Rio Tinto Ltd 0.06%
Snam Spa 0.02%
Sse PLC 0.02%
Tc Energy Corp. 0.07%
Viva Energy Group Ltd 0.03%
Wec Energy Group Inc. 0.06%
Williams Cos. Inc. 0.05%
Xcel Energy Inc. 0.07%
Weapons
Tobacco
Alimentation Couche-Tard Inc. Class B 0.02%
Seven & I Holdings Co. Ltd. 0.02%
Gambling
Sky City Entertainment Group 0.34%
Alcohol
Coca-Cola Amatil Ltd 0.04%
Palm Oil
GMOs
Corteva Inc. 0.02%
Human Rights & Environmental Violations
BHP Group Ltd 0.28%
Duke Energy Corp. 0.13%
Johnson & Johnson 0.24%
Nestle SA 0.44%
Nutrien Ltd. 0.02%
Rio Tinto Ltd 0.06%
Sempra Energy 0.10%
Animal Testing
Air Products & Chemicals Inc. 0.050%
Akzo Nobel Nv 0.010%
Bayer AG 0.040%
Celanese Corp. Class A 0.010%
Church & Dwight Co. Inc. 0.020%
Clorox Co. 0.020%
Coca-Cola Amatil Ltd 0.030%
Coca-Cola Co. 0.140%
Colgate-Palmolive Co. 0.050%
Corteva Inc. 0.020%
Danone SA 0.020%
Dow Inc. 0.020%
Dupont De Nemours Inc. 0.030%
Estee Lauder Cos. Inc. Class A 0.040%
Fmc Corp. 0.010%
Fujifilm Holdings Corp. 0.010%
General Mills Inc. 0.030%
Givaudan SA 0.030%
Glaxosmithkline PLC 0.060%
Henkel AG & Co. Kgaa 0.010%
Henkel AG & Co. Kgaa Preference Shares 0.010%
Hermes International 0.020%
Hp Inc. 0.020%
Johnson & Johnson 0.240%
Kao Corp. 0.020%
Kellogg Co. 0.010%
Kerry Group PLC Class A 0.010%
Kimberly-Clark Corp. 0.030%
Koninklijke Dsm Nv 0.020%
Kraft Heinz Co. 0.010%
L'Oreal SA 0.060%
Linde PLC 0.090%
Lyondellbasell Industries Nv Class A 0.010%
Mondelez International Inc. Class A 0.060%
Nestle SA 0.440%
Nufarm Ltd 0.030%
Nutrien Ltd. 0.020%
Pepsico Inc. 0.140%
Procter & Gamble Co. 0.250%
Reckitt Benckiser Group PLC 0.040%
Reliance Industries Gdr Representi 144A 0.060%
Seven & I Holdings Co. Ltd. 0.020%
Sherwin-Williams Co. 0.040%
Shin-Etsu Chemical Co. Ltd. 0.040%
Shiseido Co. Ltd. 0.020%
Symrise AG Class A 0.010%
Tesco PLC 0.020%
Unicharm Corp. 0.010%
Unilever Nv 0.070%
Unilever PLC 0.050%
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 |
---|---|---|
2020 | -7.41% | -8.29% |
2019 | 10.11% | 7.79% |
2018 | 6.68% | 5.55% |
2017 | 11.18% | 11.7% |
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 Wholesale Screened International Equity Index Fund (Class E2)
Australia International Equities27.75% -
Vanguard Ethically Conscious International Shares Index Fund-NZD Hedged
Australia International Equities27.16% -
Harbour NZ Equity Advanced Beta Fund
New Zealand Australasian Equities16.15% -
Ishares Emerging Markets Imi Equity Index Fund
Australia International Equities8.18% -
Dimensional Australian Sustainability Trust
Australia Australasian Equities5.04% -
Ishares Wholesale Australian Equity Index Fund
Australia Australasian Equities4.92% -
Cash Deposit (ANZ Bank)
New Zealand Cash and Equivalents4.36% -
Vanguard Global Infrastructure Index Fund
Australia Other3.93% -
AMP Australasian Property Index Fund
New Zealand Listed Property2.7% -
Cash Deposit (Jpm AUD)
Australia Cash and Equivalents0.0%
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.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 2.0% | 4.17% |
New Zealand Fixed Interest | 0.0% | 0.0% |
International Fixed Interest | 0.0% | 0.0% |
Australasian Equities | 26.0% | 26.11% |
International Equities | 64.0% | 63.09% |
Listed Properties | 3.0% | 2.7% |
Unlisted Properties | 0.0% | 0.0% |
Other | 5.0% | 3.93% |
Commodities | 0.0% | 0.0% |
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
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.04%
-
Animal Testing:2.75%
-
Fossil Fuels:3.14%
-
Gambling:0.34%
-
GMOs:0.02%
-
Human Rights & Environmental Violations:1.29%
-
Palm Oil:0.01%
-
Tobacco:0.04%
-
Weapons:0.01%
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.
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
"This life cycle investment stage is 100% invested in the Lifestages High Growth Fund which is regarded as providing appropriate levels of risk and return for a person aged 0-34."
Value | $21M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | 2,200 |
Fund started | Wed Oct. 14th 2015 |
Total annual fund fees | 1.14% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.8% |
Administration charges | 0.34% |
Total other charges | 24.0 |
Total other charges currency | NZD |
Key Personnel
Graham Duston |
Currently: Investment Committee member (19 years, 0 months) |
Damon O'Brien |
Currently: Independent Investment Committee member (5 years, 5 months) |
Martin Pike |
Currently: Investment Strategist (5 years, 0 months) |
Mike Skilling |
Currently: Non-executive Director / Investment Committee chairperson (4 years, 4 months) |
Derek Young |
Currently: Investment Committee member (16 years, 3 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.