Fund type: Defensive fund
Past Returns: *4.60%Fund type: Defensive fund
Past Returns: *4.60%The Defensive Fund provides investors with exposure to mostly income assets. There is very limited exposure to growth assets (unlisted property).
| Value | $55.0M NZD |
| Period of data report | 31st March 2025 |
| Members | 809 |
| Fund started | 28th April 2023 |
| Total annual fund fees | 0.29% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.29% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Sam Stubbs |
Currently: Managing Director, Simplicity (9 years, 0 months)
|
|
Joy Marslin |
Currently: Director, Simplicity (8 years, 4 months)
|
|
Reuben Halper |
Currently: Director, Simplicity (7 years, 10 months)
|
|
Andrew Lance |
Currently: Chief Investment Officer, Simplicity (1 years, 1 months)
|
|
Matthew Houtman |
Currently: Head of Private Capital, Simplicity (4 years, 4 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.81% | 4.6% |
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 2025.
Westpac NZ Floating Rate Note 6 July 2026
New Zealand Cash and Equivalents AA-
Lgfa Bond 2.75% 15 April 2025
New Zealand Cash and Equivalents AA+
Rabobank NZ Floating Rate Note 12 August 2026
New Zealand Cash and Equivalents AA-
Rabobank NZ Floating Rate Note 5 April 2027
New Zealand Cash and Equivalents AA-
Cash On Call
New Zealand Cash and Equivalents AA-
Dunedin City Treasury 24/04/2025
New Zealand Cash and Equivalents A1+
Hamilton City Council 05/05/2025
New Zealand Cash and Equivalents A1
Dunedin City Treasury 29/05/2025
New Zealand Cash and Equivalents A1+
Christchurch City Council 19/06/2025
New Zealand Cash and Equivalents A1+
Rabobank NZ Floating Rate Note 16 March 2026
New Zealand Cash and Equivalents AA-
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 85.0% | 95.81% |
| New Zealand Fixed Interest | 10.0% | 2.8% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 5.0% | 1.39% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
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 2025 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.
Fund type: Defensive fund
Past Returns: *4.60%The Defensive Fund provides investors with exposure to mostly income assets. There is very limited exposure to growth assets (unlisted property).
| Value | $55.0M NZD |
| Period of data report | 31st March 2025 |
| Members | 809 |
| Fund started | 28th April 2023 |
| Total annual fund fees | 0.29% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.29% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Sam Stubbs |
Currently: Managing Director, Simplicity (9 years, 0 months)
|
|
Joy Marslin |
Currently: Director, Simplicity (8 years, 4 months)
|
|
Reuben Halper |
Currently: Director, Simplicity (7 years, 10 months)
|
|
Andrew Lance |
Currently: Chief Investment Officer, Simplicity (1 years, 1 months)
|
|
Matthew Houtman |
Currently: Head of Private Capital, Simplicity (4 years, 4 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.81% | 4.6% |
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 2025.
Westpac NZ Floating Rate Note 6 July 2026
New Zealand Cash and Equivalents AA-
Lgfa Bond 2.75% 15 April 2025
New Zealand Cash and Equivalents AA+
Rabobank NZ Floating Rate Note 12 August 2026
New Zealand Cash and Equivalents AA-
Rabobank NZ Floating Rate Note 5 April 2027
New Zealand Cash and Equivalents AA-
Cash On Call
New Zealand Cash and Equivalents AA-
Dunedin City Treasury 24/04/2025
New Zealand Cash and Equivalents A1+
Hamilton City Council 05/05/2025
New Zealand Cash and Equivalents A1
Dunedin City Treasury 29/05/2025
New Zealand Cash and Equivalents A1+
Christchurch City Council 19/06/2025
New Zealand Cash and Equivalents A1+
Rabobank NZ Floating Rate Note 16 March 2026
New Zealand Cash and Equivalents AA-
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 85.0% | 95.81% |
| New Zealand Fixed Interest | 10.0% | 2.8% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 5.0% | 1.39% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
