Not Mindful
Fund type: Growth 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
Anglo American PLC 0.10%
Atco Ltd. Class I 0.01%
Atmos Energy Corporation 0.03%
Cheniere Energy, Inc. 0.03%
Citic Limited 0.02%
Empresas Copec S.A. 0.04%
Genesis Energy 07/12/2021 0.02%
Genesis Energy 08/10/2021 0.02%
Genesis Energy 08/11/2021 0.02%
Genesis Energy 1.32% 20/07/2022 0.02%
Genesis Energy 14/12/2021 0.02%
Genesis Energy 19/10/2021 0.02%
Genesis Energy 19/11/2021 0.02%
Genesis Energy 22/12/2021 0.01%
Genesis Energy 27/10/2021 0.02%
Genesis Energy 5.81% 08/03/2023 0.01%
Israel Electric Corp. Ltd. 6.875% 21-Jun-2023 0.01%
Itochu Corporation 0.06%
Jefferies Financial Group Inc. 0.02%
Lg Corp 0.08%
Lg Corp Pfd Registered Shs Non-Voting 0.01%
Loews Corporation 0.05%
Naturgy Energy Group, S.A. 0.01%
Parkland Corporation 0.05%
Posco 0.04%
Pt Astra International Tbk 0.01%
Public Service Enterprise Group Inc 0.02%
Snam S.P.A. 0.01%
Weapons
Amphenol Corporation Class A 0.09%
Chemring Group PLC 0.04%
Exor N.V. 0.01%
Meggitt PLC 0.04%
Singapore Technologies Engineering Ltd 0.03%
Tobacco
Dufry AG 0.02%
Lawson, Inc. 0.06%
Gambling
888 Holdings PLC 0.02%
Galaxy Entertainment Group Limited 0.01%
Genting Bhd. 0.02%
Greek Organisation Of Football Prognostics SA 0.05%
La Francaise Des Jeux SA 0.04%
Las Vegas Sands Corp. 0.03%
Mgm Growth Properties Llc Class A 0.02%
Playtech PLC 0.03%
Sky City Entertainment Group 0.52%
Vici Properties Inc 0.07%
Wynn Macau Ltd. 0.01%
Alcohol
Carlsberg As Class B 0.06%
Diageo PLC 0.23%
Dufry AG 0.02%
Heineken Nv 0.12%
LVMH Moet Hennessy Louis Vuitton Se 0.21%
Pernod Ricard SA 0.16%
Tsingtao Brewery Co., Ltd. Class H 0.02%
Palm Oil
Genting Bhd. 0.02%
Pt Astra International Tbk 0.01%
Human Rights & Environmental Violations
Barrick Gold Corporation 0.02%
Bayer AG 0.10%
Duke Energy Corporation 0.02%
Genting Bhd. 0.02%
Johnson & Johnson 0.20%
Nestle S.A. 0.28%
Posco 0.04%
Pt Astra International Tbk 0.01%
Rio Tinto PLC 0.05%
Animal Testing
Air Liquide SA 0.07%
Akzo Nobel N.V. 0.09%
Basf Se 0.02%
Bayer AG 0.10%
Burberry Group PLC 0.05%
Capri Holdings Limited 0.07%
Covestro AG 0.03%
Danone SA 0.17%
Ecolab Inc. 0.04%
Estee Lauder Companies Inc. Class A 0.08%
Fancl Corporation 0.06%
General Mills, Inc. 0.04%
Henkel AG & Co. Kgaa 0.03%
Hermes International Sca 0.05%
Hp Inc. 0.05%
Ingevity Corporation 0.04%
International Flavors & Fragrances Inc. 0.04%
J Sainsbury PLC 0.06%
Johnson & Johnson 0.20%
Kraft Heinz Company 0.03%
L'Oreal SA 0.11%
LVMH Moet Hennessy Louis Vuitton Se 0.21%
Linde PLC 0.23%
Mondelez International, Inc. Class A 0.03%
Mosaic Company 0.05%
Nestle S.A. 0.28%
Orkla Asa 0.02%
PPG Industries, Inc. 0.17%
Prada S.P.A. 0.04%
Procter & Gamble Company 0.11%
Reckitt Benckiser Group PLC 0.11%
Sumitomo Chemical Co., Ltd. 0.04%
Svenska Cellulosa Aktiebolaget Class B 0.06%
Symrise AG 0.03%
Tosoh Corporation 0.04%
Unilever PLC 0.03%
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 | 27.41% | 26.98% |
2020 | -3.40% | -4.3% |
2019 | 6.95% | 6.84% |
2018 | 7.80% | 9.45% |
2017 | 9.24% | 6.61% |
2016 | 3.62% | 4.75% |
2015 | 13.73% | 14.13% |
2014 | 8.43% | 8.81% |
2013 | 12.00% | 11.57% |
2012 | -1.50% | 0.7% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
-
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities3.14% -
Mainfreight Ltd
New Zealand Australasian Equities2.32% -
Spark New Zealand Ltd
New Zealand Australasian Equities A-1.86% -
Ebos Group Ltd
New Zealand Australasian Equities1.46% -
Infratil Ltd
New Zealand Australasian Equities1.3% -
Fletcher Building Ltd
New Zealand Australasian Equities1.27% -
Auckland International Airport Ltd
New Zealand Australasian Equities A-1.25% -
Meridian Energy Limited
New Zealand Australasian Equities1.23% -
Apple Inc.
United States International Equities1.15% -
Pacific Edge Ltd
New Zealand Australasian Equities1.06%
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 | 3.0% | 5.09% |
New Zealand Fixed Interest | 8.0% | 5.91% |
International Fixed Interest | 9.0% | 5.9% |
Australasian Equities | 27.0% | 27.02% |
International Equities | 44.0% | 46.94% |
Listed Properties | 9.0% | 9.14% |
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 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.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.86%
-
Animal Testing:2.92%
-
Fossil Fuels:0.85%
-
Gambling:0.84%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.74%
-
Palm Oil:0.03%
-
Tobacco:0.08%
-
Weapons:0.21%
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
"The Growth Fund aims to provide higher returns over the long term. The fund invests primarily in growth assets but also has an allocation to income assets. Volatility is expected to be the highest of the funds in the Westpac KiwiSaver Scheme."
Value | $2.5B NZD |
Period of data report | Fri Dec. 31st 2021 |
Members | 118,993 |
Fund started | Mon Oct. 1st 2007 |
Total annual fund fees | 0.79% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.6% |
Other management and administration charges | 0.19% |
Total other charges | 12.0 |
Total other charges currency | NZD |
Key Personnel
Nigel Jackson |
Currently: Head of Investments (0 years, 11 months) |
Philip Houghton-Brown |
Currently: Head of Investment Solutions (1 years, 3 months) |
Francois Richeboeuf |
Currently: Senior Portfolio Manager (11 years, 2 months) |
Stephen Hong |
Currently: Senior Portfolio Manager (9 years, 3 months) |
Angelika Sansom |
Currently: Investment Analytics Manager (20 years, 4 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.