Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Contact Energy Ltd 1.15% 1.5°C
      This company is on a 1.5°C pathway

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31st March 2024 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.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

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.

About this fund

The objective of the fund is to provide an entry level option, which uses a passive investment approach to gain exposure to a balanced mix of income and growth assets.

Value $13.2M NZD
Period of data report 30th June 2024
Members 414
Fund started 31st Aug. 2021
Total annual fund fees 0.0%
Total performance based fees 0.0%
Manager's basic fee 0.0%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Michael Lang

Currently: Chief Executive and a Director (5 years, 9 months)
Previously: Chief Investment Officer, New Zealand Funds Management Limited (10 years, 1 months)

Mark Brooks

Currently: Chief Investment Officer and a Principal (0 years, 4 months)
Previously: Head of Income, New Zealand Funds Management Limited (16 years, 3 months)

David Haslam

Currently: Senior Dealer (7 years, 6 months)
Previously: Equities Trader, UBS NZ (0 years, 11 months)

Paul Van Wetering

Currently: Head of Investment Operations and Responsible Investing (4 years, 6 months)
Previously: Investment Analyst, New Zealand Funds Management Limited (6 years, 10 months)

Casey Keiper

Currently: Senior Equity Analyst (1 years, 9 months)
Previously: Equity Analyst, Hobson Wealth (1 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.

Past Returns

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
2024 10.71% 6.86%
2023 -2.79% -1.31%

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 30th June 2024.

Top 10 Investments

  • Westpac Cash
    New Zealand Cash and Equivalents A-1+
    23.22%
  • United States Government 0.625% 15/05/2030
    United States Int Fixed Interest AAA
    18.65%
  • New Zealand Government 4.5% 15/04/2027
    New Zealand NZ Fixed Interest AAA
    11.25%
  • Deutschland Republic 1.7% 15/08/2032
    Germany Int Fixed Interest AAAU
    9.19%
  • Citibank New Zealand Cash
    New Zealand Cash and Equivalents A-1
    7.58%
  • Goldman Sachs Futures
    New Zealand Cash and Equivalents A-1
    5.17%
  • Japan Government 0.5% 20/03/2033
    Japan Int Fixed Interest A1
    4.18%
  • Fisher & Paykel Healthcare Corp
    New Zealand Australasian Equities
    2.86%
  • Goldman Sachs Futures
    New Zealand Cash and Equivalents A-1
    2.8%
  • Goldman Sachs Futures
    New Zealand Cash and Equivalents A-1
    1.69%
Type Target Actual
Cash and Cash Equivalents 5.0% 4.46%
New Zealand Fixed Interest 11.0% 11.25%
International Fixed Interest 34.0% 33.68%
Australasian Equities 25.0% 24.94%
International Equities 25.0% 25.67%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.