Not Mindful
Fund type: Conservative fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership 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
1.500 BHP Billiton Finance Ltd 29-Apr-20 0.03%
3.500 Apt Pipelines Ltd 22-Mar-2030 0.02%
3.750 Aker BP Asa 15-Jan-2030 0.02%
5.350 Apache Corp 01-Jul-2049 0.01%
Aker BP Asa 1.125% Snr 12/05/2029 EUR 0.02%
Anglo American PLC 0.02%
Apt Pipelines Ltd 4.25% Due 07-15-2027 0.02%
Atlantia Spa 0.01%
Atmos Energy Corp 0.02%
BHP Group Limited Ordinary Fully Paid 0.03%
BHP Group PLC 0.03%
BP Cap Markets B.V 1.467% 21/09/2041 0.01%
BP Cap Mkts Amer Fixed 3.017% Due 01-16-2027 0.03%
BP P.L.C 0.02%
Cheniere Energy Inc 0.01%
Coca Cola Co USD 0.02%
Coca-Cola Co Fixed 1% Due 03-09-2041 0.01%
Dominion Energy Inc 0.02%
Enbridge Inc 0.02%
Eni Spa 0.03%
Enterprise Products Partners Lp 0.01%
Equinor Asa 2.375% Due 05-22-2030 Reg 0.02%
Exxon Mobil Corp 2.61% Due 10-15-2030 0.02%
Gaz Capital SA 3.125% Snr 17/11/2023 EUR 0.01%
Kinder Morgan Inc 1.5% Due 03-16-2022 0.02%
Kinder Morgan Inc 4.3% Due 06-01-2025 0.01%
Korea Gas Corp 3.875% Due 02-12-2024 0.01%
Marathon Petrol Com 0.02%
Mitsui & Co Ltd Jpy 0.03%
Mplx Lp 1.75% Due 03-01-2026 0.01%
Naturgy Finance B. 1.5% Gtd Snr 29/01/2028 EUR 0.02%
OMV AG 0.02%
Pembina Pipeline 0.01%
Pvtpl Eni S P A Nt X 4.75% Due 09-12-2028 0.02%
Royal Dutch Shell PLC-B Shs 0.02%
Rubis Eur1.25 0.02%
Snam Spa 1% Snr Emtn 12/09/2034 EUR 0.01%
Weapons
Tobacco
Alimentation Couche-Tard 2.95% Due 01-25-2030 Beo 0.02%
Casey'S General Stores Inc 0.02%
Gambling
Skycity Entertainment Group Limited 0.08%
Alcohol
3.700 Anheuser-Busch Inbev SA/ 02-Apr-20 0.05%
Anheuser-Busch Cos Llc Corp 4.7% 02-01-2036 0.03%
Constellation Brands Inc-A 0.02%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.01%
Metcash Limited 0.02%
Human Rights & Environmental Violations
0.606 Nestle Holdings Inc 14-Sep-2024 0.03%
0.950 Johnson & Johnson 01-Sep-2027 0.02%
1.500 BHP Billiton Finance Ltd 29-Apr-20 0.03%
2.450 Duke Energy Corp 01-Jun-2030 0.01%
BHP Group Limited Ordinary Fully Paid 0.03%
BHP Group PLC 0.03%
Evergreen Marine Corporation 0.02%
Johnson & Johnson Com US$1 0.07%
Johnson + Johnson Common Stock Usd1.0 0.01%
Motorola Solutions Inc 0.10%
Motorola Solutions Inc 2.75% Due 05-24-2031 Beo 0.01%
Nestle SA 0.04%
Rio Tinto Fin Usa 5.2 Due 11-02-2040 0.02%
Rio Tinto PLC Ord 10P Gbp 0.02%
Royal Dutch Shell PLC-B Shs 0.02%
Animal Testing
0.500 Dow Chemical Co/The 15-Mar-2027 0.03%
0.606 Nestle Holdings Inc 14-Sep-2024 0.03%
0.950 Johnson & Johnson 01-Sep-2027 0.02%
1.100 Linde Inc/Ct 10-Aug-2030 0.02%
1.200 PPG Industries Inc 15-Mar-2026 0.01%
1.250 Syngenta Finance Nv 10-Sep-2027 0.01%
1.875 Orbia Advance Corp Sab 11-May-2026 0.02%
3.375 Syngenta Finance Nv 16-Apr-2026 0.01%
5.676 Syngenta Finance Nv 24-Apr-2048 0.01%
Air Water Inc 0.02%
Church & Dwight Co 0.02%
Coca Cola Co USD 0.02%
Coca-Cola Co Fixed 1% Due 03-09-2041 0.01%
Croda International PLC Common Stock Gbp.1060976 0.01%
Dow Inc 0.03%
Ecolab Inc Common Stock Usd1.0 0.04%
Ecolab Ltd 0.02%
Estee Lauder Companies Cl A Common Stock USD.01 0.02%
Glaxosmithkline 6.375% Due 05-15-2038 0.02%
Glaxosmithkline PLC 0.01%
Hermes International 0.01%
Icl Group Ltd 0.01%
Intl Flavors & Fragrances USD 0.03%
Johnson & Johnson Com US$1 0.07%
Johnson + Johnson Common Stock Usd1.0 0.01%
Kellogg Company 0.02%
Kimberly Clark 6.625% Due 08-01-2037 0.02%
Kimberly Clark Corp Com Usd1.25 0.02%
Koninklijke Dsm Nv Common Stock Eur1.5 0.02%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.01%
Linde PLC Common Stock EUR.001 0.01%
Mondelez International Inc 0.02%
Nestle SA 0.04%
Pepsico Inc Cap US$0.01 2/3 0.04%
Praxair Inc Nt 2% 08-10-2050 0.01%
Procter & Gamble Company 0.07%
Pvtpl Air Liquide Fin S A Fixed 2.25% 09-10-2029 0.02%
Royal Dutch Shell PLC-B Shs 0.02%
Sherwin Williams Com Usd1 0.01%
Symrise AG Common Stock 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 Thu Sept. 30th 2021 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.
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 |
---|---|---|
2021 | 8.80% | 6.61% |
2020 | 0.59% | 0.47% |
2019 | 4.26% | 3.55% |
2018 | 3.73% | 3.48% |
2017 | 4.10% | 3.48% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
-
Robeco Global Credit Fund
Australia Int Fixed Interest4.48% -
Bank Of New Zealand Rcd Maturing 01/03/2022
New Zealand Cash and Equivalents AA-2.05% -
New Zealand Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AAA1.2% -
ASB Bank Limited Rcd Maturing 04/03/2022
New Zealand Cash and Equivalents AA-1.17% -
Bank Of New Zealand
New Zealand NZ Fixed Interest1.16% -
New Zealand Government Bond 3.0% 20/04/2029
New Zealand NZ Fixed Interest AAA1.15% -
International Bank For Reconstruction & Development 3.375% 25/01/2022
United States Cash and Equivalents AAA1.09% -
New Zealand Government Bond 0.25% 15/05/2028
New Zealand NZ Fixed Interest AAA1.04% -
Housing New Zealand Ltd Bond 3.36% 12/06/2025
New Zealand NZ Fixed Interest AAA0.96% -
New Zealand Government Bond 1.75% 15/05/2041
New Zealand NZ Fixed Interest AAA0.95%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 30.0% | 33.19% |
New Zealand Fixed Interest | 15.0% | 12.81% |
International Fixed Interest | 35.0% | 34.07% |
Australasian Equities | 5.0% | 4.42% |
International Equities | 11.5% | 11.94% |
Listed Properties | 0.88% | 0.92% |
Unlisted Properties | 0.87% | 0.04% |
Other | 1.75% | 2.4% |
Commodities | 0.0% | 0.21% |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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:0.18%
-
Animal Testing:1.14%
-
Fossil Fuels:1.08%
-
Gambling:0.10%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.50%
-
Palm Oil:0.00%
-
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 Thu Sept. 30th 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"Invests mostly in cash and fixed interest with only limited investment in growth assets such as shares and real assets. May be suitable for investors who want to achieve slightly higher returns than those expected from investing solely in cash. Investors need to be comfortable with the possibility of some fluctuations in returns."
Value | $7.7M NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 417 |
Fund started | Fri Oct. 9th 2015 |
Total annual fund fees | 0.78% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.49% |
Other management and administration charges | 0.29% |
Total other charges | 27.0 |
Total other charges currency | NZD |
Key Personnel
Kristen Kohere-Soutar |
Currently: Chair - Mercer (N.Z.) Ltd (2 years, 1 months) |
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (12 years, 10 months) |
Kylie Willment |
Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (4 years, 2 months) |
Ronan Mccabe |
Currently: Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (1 years, 4 months) |
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (7 years, 9 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.