Funds
Generate Defensive Fund
Fund type: Defensive fund
Past Returns: *1.72%Annual Fees: 0.79%
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.
This fund has no investments in issues of concern
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
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 2023 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
In their own words
The Defensive Fund aims to provide a stable return over the very short term. It invests in an actively managed portfolio made up entirely of income assets. This fund is useful if you plan to withdraw your KiwiSaver funds within the next 12 months and need certainty of the amount you intend to withdraw, like for a deposit on a first home. Volatility is likely to be the lowest of the funds, however a negative return is still possible.
Value | $39M NZD |
Period of data report | 30th June 2023 |
Members | 1,327 |
Fund started | 16th May 2022 |
Total annual fund fees | 0.79% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.76% |
Other management and administration charges | 0.03% |
Total other charges | 36.0 |
Total other charges currency | NZD |
Key Personnel
Sam Goldwater |
Currently: Chief Investment Officer/Investment Committee Member/Executive Director (10 years, 3 months) |
Daniel Frost |
Currently: Portolio Manager - Property & Infrastructure, Australasian Equities (5 years, 5 months) |
Andrew Bolland |
Currently: Portolio Manager - Property & Infrastructure, Australasian Equities (4 years, 0 months) |
Ayrton Oliver |
Currently: Portfolio Manager - Fixed Income (2 years, 3 months) |
Nathan Field |
Currently: Portfolio Manager - Global Equities (0 years, 4 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2023.
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 30th June 2023.
Top 10 Investments
-
ASB NZ Dollar Cash Account
New Zealand Cash and Equivalents A116.15% -
Salvation Army Sep 2025 Bonds
New Zealand NZ Fixed Interest2.75% -
Kāinga Ora Jun 2025 Bonds
New Zealand NZ Fixed Interest AAA2.59% -
Kāinga Ora Sep 2035 Bonds
New Zealand NZ Fixed Interest AAA2.33% -
Nzlga Apr 2025 Bonds
New Zealand NZ Fixed Interest AAA2.3% -
Contact Energy Capital Bonds
New Zealand NZ Fixed Interest2.21% -
Centuria Industrial Property Dec 2027 Bonds
Australia Int Fixed Interest BBB2.16% -
Elim Education Oct 2026 Bonds
New Zealand NZ Fixed Interest2.0% -
Investore Property Feb 2027 Bonds
New Zealand NZ Fixed Interest1.99% -
Iag Jun 2038 Bonds
Australia Int Fixed Interest BBB1.85%
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 25.0% | 14.96% |
New Zealand Fixed Interest | 60.0% | 71.88% |
International Fixed Interest | 15.0% | 13.16% |
Australasian Equities | 0.0% | 0.0% |
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.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2023.