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 6.72% 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 fund is passively managed and invests in financial products listed on the NZX and is designed to track the S&P/NZX 20 Index.

Value $1.37M NZD
Period of data report 30th June 2024
Members 192
Fund started 11th April 2022
Total annual fund fees 0.25%
Total performance based fees 0.0%
Manager's basic fee 0.25%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Dean Anderson

Currently: Chief Executive (5 years, 9 months)
Previously: Smartshares Product Manager, NZX (4 years, 4 months)

Stephen Upton

Currently: Chief Operating Officer (5 years, 0 months)
Previously: Smartshares Chief Operating Officer - NZX (3 years, 6 months)

Kerry Mcintosh

Currently: Director (5 years, 0 months)
Previously: Operating Partner, Zino Ventures (current) (6 years, 4 months)

Paul Hocking

Currently: Director (5 years, 0 months)
Previously: Director, Trustee Executors Limited (10 years, 9 months)

Rhea Prasad

Currently: Portfolio Manager (1 years, 7 months)
Previously: Investment Dealer, Pie Funds (1 years, 3 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 14.19% 1.83%

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

  • Fisher & Paykel Healthcare Corp Ltd
    New Zealand Australasian Equities
    14.95%
  • Infratil Limited
    New Zealand Australasian Equities
    10.77%
  • Auckland International Airport
    New Zealand Australasian Equities
    10.38%
  • Meridian Energy
    New Zealand Australasian Equities
    8.07%
  • Spark New Zealand Limited (NZ Registered)
    New Zealand Australasian Equities
    7.8%
  • Contact Energy Ltd
    New Zealand Australasian Equities
    7.34%
  • Mainfreight Limited
    New Zealand Australasian Equities
    5.98%
  • The A2 Milk Company Ltd
    New Zealand Australasian Equities
    5.3%
  • Ebos
    New Zealand Australasian Equities
    5.27%
  • Mercury NZ Limited
    New Zealand Australasian Equities
    4.54%
Type Target Actual
Cash and Cash Equivalents 0.0% -0.01%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 100.01%
International Equities 0.0% 0.0%
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 30th June 2024.