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
Contact Energy Ltd 0.88%
Franco-Nevada Corp. 0.01%
Lyondellbasell Industries Nv 0.01%
Palm Oil
GMOs
Corteva Inc. 0.05%
Human Rights & Environmental Violations
Meta Platforms Inc. 0.33%
Nestle SA 0.31%
Thermo Fisher Scientific Inc. 0.21%
Caterpillar Inc. 0.09%
Activision Blizzard Inc. 0.06%
Archer-Daniels-Midland Co. 0.05%
Bayer AG 0.05%
Corteva Inc. 0.05%
Nutrien Ltd. 0.05%
Uber Technologies Inc. 0.05%
Motorola Solutions Inc. 0.03%
Animal Testing
Procter & Gamble Co. 0.32%
Nestle SA 0.31%
Pepsico Inc. 0.24%
Coca-Cola Co. 0.23%
Unilever PLC 0.12%
Mondelez International Inc. 0.08%
L'Oreal SA 0.06%
Colgate-Palmolive Co. 0.06%
Archer-Daniels-Midland Co. 0.05%
Bayer AG 0.05%
Corteva Inc. 0.05%
Estee Lauder Cos. Inc. 0.05%
General Mills Inc. 0.05%
Kimberly-Clark Corp. 0.05%
Nutrien Ltd. 0.05%
Sherwin-Williams Co. 0.05%
Albemarle Corp. 0.03%
Givaudan SA 0.03%
Hermes International 0.03%
Kering SA 0.03%
Keurig Dr Pepper Inc. 0.03%
Orica Ltd. 0.03%
Danone SA 0.02%
Dupont De Nemours Inc. 0.02%
International Flavors & Fragrances Inc. 0.02%
Koninklijke Ahold Delhaize Nv 0.02%
Kraft Heinz Co. 0.02%
Canon Inc. 0.01%
Church & Dwight Co. Inc. 0.01%
Denso Corp. 0.01%
Kao Corp. 0.01%
Kellogg Co. 0.01%
Koninklijke Dsm Nv 0.01%
Lyondellbasell Industries Nv 0.01%
Tesco PLC 0.01%
Tyson Foods Inc. 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 Fri Sept. 30th 2022 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.
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 |
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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 Sept. 30th 2022.
Showing the top 10 investments for this fund:
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Vanguard Eth'Y Conscious Int Shares Index Fund NZD Hedged
Australia International Equities24.42% -
Vanguard Eth'Y Conscious Global Index Bond Fund
Australia Int Fixed Interest22.55% -
Vanguard Eth'Y Conscious Int Shares Index Fund Unhedged
Australia International Equities13.71% -
Vanguard Ethically Conscious Australian Share Fund
Australia Australasian Equities4.54% -
Cash At Bank
New Zealand Cash and Equivalents2.47% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities1.55% -
Spark New Zealand Ltd
New Zealand Australasian Equities1.39% -
NZGB 0.5% 15/05/2024
New Zealand NZ Fixed Interest AA+1.38% -
Auckland International Airport Ltd
New Zealand Australasian Equities1.29% -
NZGB 3% 20/04/2029
New Zealand NZ Fixed Interest AAA1.15%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Sept. 30th 2022.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 2.0% | 2.48% |
New Zealand Fixed Interest | 16.5% | 16.95% |
International Fixed Interest | 22.5% | 22.55% |
Australasian Equities | 20.0% | 19.89% |
International Equities | 39.0% | 38.13% |
Listed Properties | 0.0% | 0.0% |
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 Sept. 30th 2022.
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
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Issue of concernDoes this fund say it excludes this?Actual holdings
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Adult Entertainment/Pornography:0.00%
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Alcohol:0.00%
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Animal Testing:3.06%
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Fossil Fuels:1.00%
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Gambling:0.00%
-
GMOs:0.04%
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Human Rights & Environmental Violations:1.56%
-
Palm Oil:0.01%
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Tobacco:0.00%
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Weapons:0.00%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Fri Sept. 30th 2022 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 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 Default Fund provides investors with an exposure to a mix of growth and income assets."
Value | $350M NZD |
Period of data report | Fri Sept. 30th 2022 |
Members | 42,719 |
Fund started | Wed Dec. 1st 2021 |
Total annual fund fees | 0.3% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.29% |
Other management and administration charges | 0.01% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Sam Stubbs |
Currently: Managing Director, Simplicity (6 years, 6 months) |
Joy Marslin |
Currently: Director, Simplicity (5 years, 10 months) |
Reuben Halper (Role Change) |
Currently: Director, Simplicity (5 years, 4 months) |
Andrew Lance |
Currently: Chief Operating Officer, Simplicity (6 years, 3 months) |
Matthew Houtman |
Currently: Head of Private Capital, Simplicity (1 years, 10 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Sept. 30th 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.