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

    • Genesis Energy Ltd 3.23%
    • Apa Infrastructure Ltd 2.88% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Channel Infrastruct NZ 2.25%

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 QuayStreet Fixed Interest Fund invests in a diversified portfolio of fixed interest and derivative investments, with an emphasis on corporate bonds. The investment objective is to provide a level of return above the New Zealand corporate fixed interest market over the long term, consistent with the Fund's benchmark. The Fund aims to make quarterly distributions.

Value $1.62M NZD
Period of data report 30th June 2024
Members 84
Fund started 31st Oct. 2009
Total annual fund fees 0.76%
Total performance based fees 0.0%
Manager's basic fee 0.63%
Other management and administration charges 0.13%
Total other charges 30.0
Total other charges currency NZD

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Alister John Williams

Currently: Director (8 years, 7 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

Stefan Stevanovic

Currently: Head of International Equities (1 years, 4 months)
Previously: Head of International Equity, QuayStreet Asset Management Limited (1 years, 7 months)

Xavier Waterstone

Currently: Head of Australasian Equities (1 years, 4 months)
Previously: Head of Research, QuayStreet Asset Management Limited (1 years, 7 months)

Craig Smith

Currently: Portfolio Manager, Fixed Interest (0 years, 2 months)
Previously: Senior Investment Analyst, QuayStreet Asset Management Limited (2 years, 8 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 3.40% 4.06%
2023 -0.13% 0.59%
2022 -1.68% -2.48%
2021 1.56% 2.98%
2020 1.64% 1.77%
2019 2.37% 3.03%
2018 2.05% 3.39%
2017 1.53% 2.54%
2016 2.72% 4.13%
2015 4.23% 4.92%

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

  • Australian Gas Networks Inflation Linked (Aug 2025)
    Australia Int Fixed Interest AA
    4.3%
  • Vector (Oct 2026)
    New Zealand NZ Fixed Interest BBB+
    3.43%
  • Apt Pipelines (March 2025)
    Australia Int Fixed Interest BBB
    2.81%
  • ASB (Oct 2026)
    New Zealand NZ Fixed Interest AA-
    2.71%
  • NZ Government (May 2030)
    New Zealand NZ Fixed Interest AAA
    2.57%
  • Housing New Zealand (Oct 2035)
    New Zealand NZ Fixed Interest AAA
    2.48%
  • Brambles (Oct 2025)
    United States Int Fixed Interest BBB+
    2.07%
  • Kiwibank Covered Bond (Sep 2025)
    New Zealand NZ Fixed Interest AAA
    1.96%
  • Kiwibank (Oct 2027)
    New Zealand NZ Fixed Interest A+
    1.94%
  • Genesis Energy (April 2025)
    New Zealand NZ Fixed Interest BBB+
    1.93%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.93%
New Zealand Fixed Interest 70.0% 69.49%
International Fixed Interest 30.0% 28.58%
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.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.