Maritime Growth Portfolio

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Fund type: Growth fund

Past Returns: No three year data yet

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.73%

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

Galp Energia Sgps SA Class B 0.04%
Lundin Energy Ab 0.04%
Neste Corporation 0.22%
Oneok, Inc. 0.13%

Alcohol

Delegat Group Limited 0.08%
Diageo PLC 0.19%

Human Rights & Environmental Violations

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%
Johnson & Johnson 0.22%
Nestle S.A. 0.51%

Animal Testing

Akzo Nobel N.V. 0.14%
Burberry Group PLC 0.07%
Clorox Company 0.06%
Coca-Cola Company 0.38%
Danone SA 0.02%
Dow, Inc. 0.21%
Ecolab Inc. 0.10%
Hp Inc. 0.18%
Johnson & Johnson 0.22%
Kao Corp. 0.02%
Kellogg Company 0.02%
Kimberly-Clark Corporation 0.09%
L'Oreal S.A. 0.18%
Nestle S.A. 0.52%
Novozymes A/S Class B 0.09%
PPG Industries, Inc. 0.02%
Procter & Gamble Company 0.36%
Unilever PLC 0.13%

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 March 31st 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.

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

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:

  • 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%

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 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%

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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.27%
  • Animal Testing:
    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 Thu March 31st 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 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 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 Fri Dec. 31st 2021
Members Not provided
Fund started Fri Oct. 1st 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

Key Personnel

David Young

Currently: Chair (5 years, 1 months)
Previously: Chair (15 years, 0 months)

Craig Harrison

Currently: Deputy chair (0 years, 4 months)
Previously: Independent Trustee (2 years, 6 months)

Simon Brodie

Currently: Licensed Independent Trustee (5 years, 1 months)
Previously: (None years, None 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.

Latest news

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.