Not Mindful
Fund type: Balanced 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 0.02%
3.500 Apt Pipelines Ltd 22-Mar-2030 0.02%
3.750 Aker BP Asa 15-Jan-2030 0.01%
Aker BP Asa 1.125% Snr 12/05/2029 EUR 0.01%
Anglo American PLC 0.02%
Apt Pipelines Ltd 4.25% Due 07-15-2027 0.02%
Atlantia Spa 0.04%
Atmos Energy Corp 0.05%
BHP Group Limited Ordinary Fully Paid 0.05%
BHP Group PLC 0.05%
BP Cap Mkts Amer Fixed 3.017% Due 01-16-2027 0.02%
BP P.L.C 0.03%
Cheniere Energy Inc 0.03%
Coca Cola Co USD 0.04%
Coca-Cola Co Fixed 1% Due 03-09-2041 0.01%
Dominion Energy Inc 0.08%
Enbridge Inc 0.05%
Eni Spa 0.04%
Enterprise Products Partners Lp 0.02%
Equinor Asa 2.375% Due 05-22-2030 Reg 0.02%
Exxon Mobil Corp 2.61% Due 10-15-2030 0.01%
Gazprom PJSC-Spon Adr 0.01%
Kinder Morgan Inc 1.5% Due 03-16-2022 0.01%
Koninklijke Vopak Nv 0.01%
Marathon Petrol Com 0.03%
Mitsui & Co Ltd Jpy 0.04%
Naturgy Finance B. 1.5% Gtd Snr 29/01/2028 EUR 0.01%
OMV AG 0.03%
Pembina Pipeline 0.03%
Ptt Public Company Thb10 0.01%
Public Power Corp 0.01%
Pvtpl Eni S P A Nt X 4.75% Due 09-12-2028 0.02%
Repsol SA 0.01%
Royal Dutch Shell PLC-B Shs 0.02%
Rubis Eur1.25 0.05%
Snam Spa 0.02%
Snam Spa 1% Snr Emtn 12/09/2034 EUR 0.01%
Tokyo Gas Co Ltd 0.01%
Vale SA 0.02%
Viva Energy Group Ordinary Fully Paid Deferred Settlement 0.01%
Weapons
Tobacco
Alimentation Couche-Tard 2.95% Due 01-25-2030 Beo 0.01%
Casey'S General Stores Inc 0.02%
Gambling
Red Rock Resorts Inc 0.01%
Skycity Entertainment Group Limited 0.16%
Vici Properties Inc 0.02%
Alcohol
3.700 Anheuser-Busch Inbev SA/ 02-Apr-20 0.03%
Anheuser-Busch Cos Llc Corp 4.7% 02-01-2036 0.02%
Constellation Brands Inc-A 0.03%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.01%
Metcash Limited 0.04%
Human Rights & Environmental Violations
0.606 Nestle Holdings Inc 14-Sep-2024 0.03%
0.950 Johnson & Johnson 01-Sep-2027 0.01%
1.500 BHP Billiton Finance Ltd 29-Apr-20 0.02%
BHP Group Limited Ordinary Fully Paid 0.05%
BHP Group PLC 0.05%
Duke Energy Corp Com USD 0.001 Post Rev Splt 0.02%
Evergreen Marine Corporation 0.04%
Formosa Plastics Corporation 0.01%
Johnson & Johnson Com US$1 0.10%
Johnson + Johnson Common Stock Usd1.0 0.02%
Motorola Solutions Inc 0.14%
Nestle SA 0.07%
Rio Tinto Fin Usa 5.2 Due 11-02-2040 0.02%
Rio Tinto PLC Ord 10P Gbp 0.03%
Royal Dutch Shell PLC-B Shs 0.02%
Vale SA 0.02%
Animal Testing
0.500 Dow Chemical Co/The 15-Mar-2027 0.02%
0.606 Nestle Holdings Inc 14-Sep-2024 0.02%
0.950 Johnson & Johnson 01-Sep-2027 0.01%
1.100 Linde Inc/Ct 10-Aug-2030 0.01%
1.875 Orbia Advance Corp Sab 11-May-2026 0.02%
Air Water Inc 0.03%
Capri Holdings Ltd Com Npv 0.02%
Church & Dwight Co 0.02%
Coca Cola Co USD 0.04%
Coca-Cola Co Fixed 1% Due 03-09-2041 0.01%
Croda International PLC Common Stock Gbp.1060976 0.02%
Dow Inc 0.04%
Ecolab Inc Common Stock Usd1.0 0.06%
Ecolab Ltd 0.02%
Estee Lauder Companies Cl A Common Stock USD.01 0.03%
Far Eastern New Century Corporation 0.02%
Formosa Plastics Corporation 0.01%
Glaxosmithkline 6.375% Due 05-15-2038 0.02%
Glaxosmithkline PLC 0.02%
Hermes International 0.02%
Icl Group Ltd 0.02%
Intl Flavors & Fragrances USD 0.05%
Johnson & Johnson Com US$1 0.10%
Johnson + Johnson Common Stock Usd1.0 0.02%
Kellogg Company 0.02%
Kerry Group PLC A Common Stock EUR.125 0.01%
Kimberly Clark 6.625% Due 08-01-2037 0.01%
Kimberly Clark Corp Com Usd1.25 0.02%
Koninklijke Dsm Nv Common Stock Eur1.5 0.03%
L Oreal Common Stock EUR.2 0.01%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.01%
Linde Finance Bv 0.25% Gtd Snr 19/05/27 EUR 0.01%
Linde PLC Common Stock EUR.001 0.02%
Mondelez International Inc 0.02%
Nagase & Co Ltd 0.01%
Nan Ya Plastics Corp 0.01%
Nestle SA 0.07%
Nissan Chemical Corporation 0.01%
Nisshinbo Holdings Inc 0.01%
Pepsico Inc Cap US$0.01 2/3 0.05%
Praxair Inc Nt 2% 08-10-2050 0.01%
Procter & Gamble Company 0.10%
Procter + Gamble Co/The Common Stock 0.01%
Pvtpl Air Liquide Fin S A Fixed 2.25% 09-10-2029 0.01%
Royal Dutch Shell PLC-B Shs 0.02%
Sherwin Williams Com Usd1 0.01%
Symrise AG Common Stock 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 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 | 16.64% | 11.34% |
2020 | -1.20% | -0.66% |
2019 | 5.69% | 3.89% |
2018 | 5.19% | 4.54% |
2017 | 5.86% | 4.64% |
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 Interest3.39% -
Bank Of New Zealand Rcd Maturing 01/03/2022
New Zealand Cash and Equivalents AA-1.26% -
First Sentier Global Listed Infrastructure Fund
New Zealand Other1.2% -
New Zealand Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AAA1.06% -
New Zealand Government Bond 3.0% 20/04/2029
New Zealand NZ Fixed Interest AAA1.01% -
Westpac Business Interest Account
New Zealand Cash and Equivalents AA-1.0% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities0.99% -
New Zealand Government Bond 0.25% 15/05/2028
New Zealand NZ Fixed Interest AAA0.92% -
Housing New Zealand Ltd Bond 3.36% 12/06/2025
New Zealand NZ Fixed Interest AAA0.84% -
New Zealand Government Bond 1.75% 15/05/2041
New Zealand NZ Fixed Interest AAA0.84%
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 | 18.0% | 20.85% |
New Zealand Fixed Interest | 13.0% | 11.27% |
International Fixed Interest | 29.0% | 27.93% |
Australasian Equities | 9.5% | 8.28% |
International Equities | 22.5% | 23.24% |
Listed Properties | 2.0% | 2.08% |
Unlisted Properties | 2.0% | 1.21% |
Other | 4.0% | 4.64% |
Commodities | 0.0% | 0.5% |
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:0.21%
-
Animal Testing:1.57%
-
Fossil Fuels:1.57%
-
Gambling:0.21%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.73%
-
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 in cash and fixed interest with about a third of investments being in growth assets such as shares and real assets. May be suitable for investors who want to invest in a broad mix of assets and who are comfortable with a higher degree of volatility in returns than can be expected from the Conservative fund."
Value | $7.2M NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 503 |
Fund started | Fri Oct. 9th 2015 |
Total annual fund fees | 0.93% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.58% |
Other management and administration charges | 0.35% |
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.