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:

  • Adult Entertainment/Pornography
  • Alcohol
  • Animal Cruelty
  • Fossil Fuels
  • Gambling
  • GMOs
  • Human Rights & Environmental Violations
  • Palm Oil
  • Tobacco
  • Weapons

Companies of concern

    • Neste Corporation 0.22%
    • Oneok, Inc. 0.13%
    • Galp Energia Sgps SA Class B 0.04%
    • Lundin Energy Ab 0.04%
    • Diageo PLC 0.19%
    • Delegat Group Limited 0.08%
    • Nestle S.A. 0.51%
    • Johnson & Johnson 0.22%
    • Activision Blizzard, Inc. 0.04%
    • Credit Suisse Group AG 020432 2.875 Cb 0.02%
    • Energy Transfer Partners Lp 150325 4.05 Cb 0.01%
    • Nestle S.A. 0.52%
    • Coca-Cola Company 0.38%
    • Procter & Gamble Company 0.36%
    • Johnson & Johnson 0.22%
    • Dow, Inc. 0.21%
    • Hp Inc. 0.18%
    • L'Oreal S.A. 0.18%
    • Akzo Nobel N.V. 0.14%
    • Unilever PLC 0.13%
    • Ecolab Inc. 0.10%
    • Kimberly-Clark Corporation 0.09%
    • Novozymes A/S Class B 0.09%
    • Burberry Group PLC 0.07%
    • Clorox Company 0.06%
    • Danone SA 0.02%
    • Kao Corp. 0.02%
    • Kellogg Company 0.02%
    • PPG Industries, Inc. 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 31st March 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.

About this fund

Invests in a wide range of assets, about 80% comprising growth assets such as shares and 20% comprising income assets such as bonds and cash. Suited to longer-term investors who want a diversified portfolio of assets with a high exposure to shares and other growth assets and are willing to accept more ups and downs than can be expected from both the Balanced Portfolio and the Conservative Portfolio.

Value $0 NZD
Period of data report 31st March 2022
Members Not provided
Fund started 1st Oct. 2021
Total annual fund fees 0.73%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.28%
Total other charges 0.0
Total other charges currency NZD

David Young

Currently: Chair (6 years, 1 months)
Previously: Chair (15 years, 0 months)

Craig Harrison

Currently: Deputy chair (1 years, 4 months)
Previously: Independent Trustee (2 years, 6 months)

Simon Brodie

Currently: Licensed Independent Trustee (6 years, 1 months)
Previously: Chair, Investment Committee, WISF (5 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2022.

Investment Exclusions

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.

Issue of concern Does this fund say it excludes this? Actual holdings
Adult Entertainment /Pornography 0.00%
Alcohol 0.27%
Animal Cruelty 2.84%
Fossil Fuels 0.48%
Gambling 0.00%
GMOs 0.00%
Human Rights & Environmental Violations 0.84%
Palm Oil 0.00%
Tobacco 0.00%
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 31st March 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.

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

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 31st March 2022.

Top 10 Investments

  • ANZ W/S International Share Fund
    New Zealand International Equities
    33.99%
  • Hunter Global Fixed Interest Fund
    New Zealand Int Fixed Interest
    17.41%
  • AMP Global Index Share Fund
    New Zealand International Equities
    14.6%
  • ANZ Fixed Interest Fund
    New Zealand NZ Fixed Interest
    8.39%
  • ANZ NZ Cash Fund
    New Zealand Cash and Equivalents
    7.55%
  • Salt NZ Dividend Appreciation Fund
    New Zealand Australasian Equities
    7.12%
  • AMP Australian Shares Fund
    New Zealand Australasian Equities
    6.42%
  • Nikko Global Bond Fund
    New Zealand Int Fixed Interest
    4.11%
  • Nikko Multi-Strategy Fund
    New Zealand Other
    0.41%
Type Target Actual
Cash and Cash Equivalents 5.0% 5.0%
New Zealand Fixed Interest 5.0% 5.0%
International Fixed Interest 10.0% 10.0%
Australasian Equities 25.0% 25.0%
International Equities 55.0% 55.0%
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 31st March 2022.