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 0.05%
Arc Resources Com Npv 0.02%
Atlantia Spa 0.09%
Atmos Energy Corp 0.10%
BHP Group Limited Ordinary Fully Paid 0.09%
BHP Group PLC 0.10%
BP P.L.C 0.06%
Cheniere Energy Inc 0.07%
Citic Securities Co Ltd 0.01%
Coca Cola Co USD 0.08%
Cosmo Energy Holdings Co Ltd 0.01%
Dominion Energy Inc 0.16%
Enbridge Inc 0.10%
Eni Spa 0.09%
Enterprise Products Partners Lp 0.04%
Gazprom PJSC-Spon Adr 0.03%
Hk Electric Investments Ltd 0.02%
Itochu Enex Co Ltd 0.01%
Japan Petroleum Exploration 0.01%
Keyera Corp Com 0.01%
Koninklijke Vopak Nv 0.02%
Marathon Petrol Com 0.06%
Mitsui & Co Ltd Jpy 0.08%
Mol Hungarian Oil 0.01%
Neste Oyj 0.01%
Novatek PJSC 0.02%
OMV AG 0.06%
Oneok Inc 0.01%
Osaka Gas Co Ltd Jpy 0.01%
Pembina Pipeline 0.06%
Petrochina Co Ltd H 0.01%
Phillips 66 Com Usd0.01 0.01%
Ptt Public Company Thb10 0.03%
Public Power Corp 0.03%
Repsol SA 0.02%
Royal Dutch Shell PLC-B Shs 0.05%
Rubis Eur1.25 0.09%
S-Oil Corporation 0.02%
Saras Spa 0.02%
Snam Spa 0.04%
Tc Energy Corp 0.02%
Tokyo Gas Co Ltd 0.02%
Vale SA 0.04%
Valero Energy Corp 0.01%
Viva Energy Group Ordinary Fully Paid Deferred Settlement 0.03%
Whitecap Resources Inc 0.01%
Williams Companies Inc 0.01%
Weapons
Tobacco
Casey'S General Stores Inc 0.05%
Gambling
Opap SA 0.01%
Red Rock Resorts Inc 0.03%
Skycity Entertainment Group Limited 0.28%
Vici Properties Inc 0.04%
Alcohol
3.700 Anheuser-Busch Inbev SA/ 02-Apr-20 0.02%
Ambev SA Adr Each Repr Ord Spons 0.02%
Ambev SA Com Npv 0.02%
Asia Cement Corporation 0.02%
Christian Dior Se 0.02%
Constellation Brands Inc-A 0.06%
Metcash Limited 0.06%
Wuliangye Yibin Co Ltd 0.01%
Human Rights & Environmental Violations
0.606 Nestle Holdings Inc 14-Sep-2024 0.01%
BHP Group Limited Ordinary Fully Paid 0.09%
BHP Group PLC 0.10%
Duke Energy Corp Com USD 0.001 Post Rev Splt 0.05%
Evergreen Marine Corporation 0.08%
Formosa Plastics Corporation 0.03%
Johnson & Johnson Com US$1 0.21%
Johnson + Johnson Common Stock Usd1.0 0.05%
Motorola Solutions Inc 0.30%
Motorola Solutions Inc Common Stock USD.01 0.01%
Nestle SA 0.13%
Petrochina Co Ltd H 0.01%
Rio Tinto PLC Ord 10P Gbp 0.06%
Royal Dutch Shell PLC-B Shs 0.05%
Southern Copper Corporation 0.01%
Vale SA 0.04%
Zte Corp 0.01%
Animal Testing
Advansix Inc 0.01%
Air Liquide 0.01%
Air Liquide SA Common Stock Eur5.5 0.02%
Air Water Inc 0.06%
Capri Holdings Ltd Com Npv 0.05%
Central Glass Co Ltd 0.01%
Christian Dior Se 0.02%
Church & Dwight Co 0.05%
Cj Cheikjedang Corp 0.02%
Coca Cola Co USD 0.08%
Croda International PLC Common Stock Gbp.1060976 0.04%
Dow Inc 0.08%
Earth Corporation Npv 0.02%
Ecolab Inc Common Stock Usd1.0 0.14%
Ecolab Ltd 0.05%
Estee Lauder Companies Cl A Common Stock USD.01 0.07%
Far Eastern New Century Corporation 0.03%
Formosa Plastics Corporation 0.03%
General Mills Inc 0.03%
Givaudan Reg Common Stock Chf10.0 0.01%
Glaxosmithkline PLC 0.04%
Hermes International 0.05%
Icl Group Ltd 0.05%
Intl Flavors & Fragrances USD 0.10%
Johnson & Johnson Com US$1 0.21%
Johnson + Johnson Common Stock Usd1.0 0.05%
Kellogg Company 0.05%
Kerry Group PLC A Common Stock EUR.125 0.03%
Kimberly Clark Corp Com Usd1.25 0.06%
Koninklijke Dsm Nv Common Stock Eur1.5 0.06%
Kureha Corporation Npv 0.01%
L Oreal Common Stock EUR.2 0.03%
L'Oreal 0.01%
Linde Finance Bv 0.25% Gtd Snr 19/05/27 EUR 0.01%
Linde PLC 0.02%
Linde PLC Common Stock EUR.001 0.04%
Mondelez International Inc 0.06%
Nagase & Co Ltd 0.03%
Nan Ya Plastics Corp 0.04%
Nestle SA 0.13%
Nippon Shokubai Jp50 0.01%
Nissan Chemical Corporation 0.02%
Nisshinbo Holdings Inc 0.03%
Pepsico Inc Cap US$0.01 2/3 0.12%
Phosagro PJSC Gdr 0.01%
Procter & Gamble Company 0.22%
Procter + Gamble Co/The Common Stock 0.02%
Royal Dutch Shell PLC-B Shs 0.05%
Salvatore Ferragamo Spa 0.01%
Sherwin Williams Com Usd1 0.03%
Showa Denko Kk Jpy50 0.01%
Sociedad Quimica Y Minera De Chile SA 0.01%
Symrise AG Common Stock 0.04%
Tokai Carbon Co Ltd 0.02%
Unilever PLC 0.02%
Unilever PLC Common Stock Gbp.0311 0.01%
Usana Helath Sciences Inc 0.01%
Xerox Hldgs Corp Com Usd1.00 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 | 28.03% | 24.75% |
| 2020 | -3.79% | -5.21% |
| 2019 | 7.09% | 5.35% |
| 2018 | 8.01% | 7.73% |
| 2017 | 9.24% | 9.05% |
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:
-
First Sentier Global Listed Infrastructure Fund
New Zealand Other2.06% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities1.65% -
Microsoft Corporation
United States International Equities1.33% -
Robeco Global Credit Fund
Australia Int Fixed Interest1.33% -
Kkr & Co. Lp Global Infrastructure Fund
Australia Other1.1% -
BNP Paribas US Dollar Account
United States International Equities1.04% -
Mainfreight Limited
New Zealand Australasian Equities0.97% -
Westpac Business Interest Account
New Zealand Cash and Equivalents AA-0.78% -
Spark New Zealand Limited
New Zealand Australasian Equities0.75% -
Contact Energy Limited
New Zealand Australasian Equities0.73%
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 | 1.0% | 3.73% |
| New Zealand Fixed Interest | 5.0% | 4.4% |
| International Fixed Interest | 14.0% | 12.31% |
| Australasian Equities | 15.5% | 13.85% |
| International Equities | 50.5% | 51.45% |
| Listed Properties | 3.5% | 3.67% |
| Unlisted Properties | 3.5% | 2.65% |
| Other | 7.0% | 7.47% |
| Commodities | 0.0% | 0.47% |
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:0.27%
-
Animal Testing:2.97%
-
Fossil Fuels:2.47%
-
Gambling:0.37%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:1.37%
-
Palm Oil:0.00%
-
Tobacco:0.07%
-
Weapons: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.
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 mainly in growth assets such as shares real assets and alternative assets with only a limited amount in cash and fixed interest. May be suitable for investors wanting to invest mostly in growth assets who are comfortable accepting more volatile returns than those expected from the Balanced fund with a view to achieving higher longer-term returns."
| Value | $41M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Members | 1,810 |
| Fund started | Fri Oct. 9th 2015 |
| Total annual fund fees | 1.16% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.76% |
| Other management and administration charges | 0.4% |
| 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.
