Funds

Westpac KiwiSaver High Growth Fund

Total Ethical Concerns: 9.79%

The average total concerns of all KiwiSaver aggressive funds is 10.67%.

Companies of Concern

  • Animal Cruelty 2.84%

    • Ecolab, Inc.
      0.34%
      0.34%
    • Unilever PLC
      0.32%
      0.32%
    • 0.20%
    • Colgate-Palmolive Co.
      0.18%
      0.18%
    • Air Liquide
      0.16%
      0.16%
    • Symrise AG
      0.16%
      0.16%
    • Kimberly-Clark Corp.
      0.15%
      0.15%
    • Henkel AG & Co. Kgaa
      0.14%
      0.14%
    • 3M
      0.13%
      0.13%
    • Koninklijke Ahold Delhaize Nv
      0.11%
      0.11%
    • PPG Industries, Inc.
      0.11%
      0.11%
    • Nutrien Ltd.
      0.10%
      0.10%
    • Dcc PLC
      0.09%
      0.09%
    • L'Oréal SA
      0.07%
      0.07%
    • Prada Spa
      0.07%
      0.07%
    • Hermès International Sca
      0.05%
      0.05%
    • The Sherwin-Williams Co.
      0.05%
      0.05%
    • Shin-Etsu Chemical Co., Ltd.
      0.04%
      0.04%
    • Amorepacific
      0.03%
      0.03%
    • Church & Dwight Co., Inc.
      0.03%
      0.03%
    • Entegris, Inc.
      0.03%
      0.03%
    • Bayer
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Givaudan SA
      0.02%
      0.02%
    • Mitsubishi Gas Chemical Co., Inc.
      0.02%
      0.02%
    • Orica Ltd.
      0.02%
      0.02%
    • Cabot Corp.
      0.01%
      0.01%
    • Corteva, Inc.
      0.01%
      0.01%
    • The Clorox Co.
      0.01%
      0.01%
  • Human Rights Violations 1.99%

    • 0.68%
    • 0.21%
    • Caterpillar
      0.13%
      0.13%
    • Nestlé
      0.11%
      0.11%
    • Rio Tinto
      0.10%
      0.10%
    • UBS
      0.05%
      0.05%
    • Holcim
      0.04%
      0.04%
    • 0.04%
    • Mtn Group Limited
      0.03%
      0.03%
    • Wells Fargo
      0.01%
      0.01%
  • Social Harm 0.45%

  • Fossil Fuels 3.64%

    • Contact Energy Ltd.
      1.41%
      1.5°C
      This company is on a 1.5°C pathway
      1.41%
    • BHP
      0.59%
      !!
      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
      0.59%
    • Nextera Energy, Inc.
      0.25%
      0.25%
    • 0.14%
    • Itochu Corp.
      0.13%
      !!
      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
      0.13%
    • Samsung C&T Corp.
      0.12%
      0.12%
    • Mitsubishi Corp.
      0.11%
      !!
      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
      0.11%
    • Marubeni Corp.
      0.10%
      !!
      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
      0.10%
    • Rio Tinto
      0.10%
      0.10%
    • Consolidated Edison, Inc.
      0.07%
      0.07%
    • Constellation Energy Corp.
      0.07%
      0.07%
    • Rh International (Singapore) Corp. Pte Ltd.
      0.06%
      0.06%
    • Duke Energy Corp
      0.05%
      0.05%
    • The Southern Co.
      0.05%
      0.05%
    • China Longyuan Power Group Corp. Ltd.
      0.03%
      0.03%
    • Dte Energy Co.
      0.03%
      0.03%
    • Entergy Corp.
      0.03%
      0.03%
    • Hd Hyundai Co., Ltd.
      0.03%
      0.03%
    • Ppl Corp.
      0.03%
      0.03%
    • E.On Se
      0.02%
      0.02%
    • Enel Chile SA
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Kunlun Energy Co. Ltd.
      0.02%
      !!
      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
      0.02%
    • Mytilineos SA
      0.02%
      0.02%
    • Orica Ltd.
      0.02%
      0.02%
    • Sempra Energy
      0.02%
      !!
      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
      0.02%
    • Dassault Systèmes Se
      0.01%
      0.01%
    • Enel
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • Fairfax Financial Holdings Ltd.
      0.01%
      0.01%
    • National Grid PLC
      0.01%
      !!
      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
      0.01%
    • Nisource, Inc.
      0.01%
      0.01%
    • Northland Power, Inc.
      0.01%
      0.01%
  • Weapons 0.26%

    • Amphenol Corp.
      0.10%
      0.10%
    • Howmet Aerospace, Inc.
      0.06%
      0.06%
    • 0.06%
    • Embraer SA
      0.03%
      0.03%
  • Environmental Harm 2.08%

    • BHP
      0.59%
      !!
      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
      0.59%
    • Unilever PLC
      0.32%
      0.32%
    • Coca-Cola
      0.25%
      0.25%
    • PepsiCo
      0.21%
      0.21%
    • 0.16%
    • 3M
      0.13%
      0.13%
    • Mitsubishi Corp.
      0.11%
      !!
      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
      0.11%
    • Nutrien Ltd.
      0.10%
      0.10%
    • Duke Energy Corp
      0.05%
      0.05%
    • 0.04%
    • Wh Group
      0.04%
      0.04%
    • Mondelez
      0.03%
      0.03%
    • Bayer
      0.02%
      0.02%
    • Corteva, Inc.
      0.01%
      0.01%
    • Danone
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The High Growth Fund aims to provide the highest long-term returns of any of the funds. It invests solely in growth assets. Volatility is expected to be the highest of the funds.

    Value $457M NZD
    Period of data report 31st March 2025
    Members 18,617
    Fund started 25th Sept. 2024
    Total annual fund fees 0.0%
    Total performance based fees 0.0%
    Manager's basic fee 0.0%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    Nigel Jackson

    Currently: Chief Executive Officer – BT Funds Management (NZ) Limited (2 years, 8 months)
    Previously: Head of Investments (1 years, 6 months)

    Philip Houghton-Brown

    Currently: Head of Investment Solutions (4 years, 6 months)
    Previously: Chief Investment Officer / Head of Investments, Mercer (8 years, 2 months)

    Andrew Winter

    Currently: Portfolio Manager Diversified Funds (1 years, 2 months)
    Previously: Implementation Portfolio Manager (3 years, 5 months)

    Stephen Hong

    Currently: Senior Portfolio Manager (12 years, 6 months)
    Previously: Portfolio Manager, AXA Global Investors (5 years, 9 months)

    Angelika Sansom

    Currently: Investment Analytics Manager (23 years, 7 months)
    Previously: Investment Consultant, Mercer (2 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 Returns

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • Fisher & Paykel Healthcare Ltd

      New Zealand Australasian Equities

      3.01%
    • Nvidia Corporation

      United States International Equities

      2.7%
    • Microsoft Corporation

      United States International Equities

      2.69%
    • Apple Inc.

      United States International Equities

      2.37%
    • Auckland International Airport Ltd

      New Zealand Australasian Equities

      1.76%
    • Infratil Ltd

      New Zealand Australasian Equities

      1.73%
    • Contact Energy Ltd

      New Zealand Australasian Equities

      1.53%
    • S&P500 E-Mini Future

      United States International Equities

      1.41%
    • Amazon.Com, Inc.

      United States International Equities

      1.24%
    • Alphabet Inc. Class A

      United States International Equities

      1.15%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 2.01%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 26.0% 25.9%
    International Equities 68.0% 66.15%
    Listed Properties 6.0% 5.94%
    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 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.

Issues of Concern

  • 2.84% Animal Cruelty
  • 1.99% Human Rights Violations
  • 0.45% Social Harm
  • 3.64% Fossil Fuels
  • 0.26% Weapons
  • 2.08% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Ecolab, Inc.
      0.34%
      0.34%
    • Unilever PLC
      0.32%
      0.32%
    • 0.20%
    • Colgate-Palmolive Co.
      0.18%
      0.18%
    • Air Liquide
      0.16%
      0.16%
    • Symrise AG
      0.16%
      0.16%
    • Kimberly-Clark Corp.
      0.15%
      0.15%
    • Henkel AG & Co. Kgaa
      0.14%
      0.14%
    • 3M
      0.13%
      0.13%
    • Koninklijke Ahold Delhaize Nv
      0.11%
      0.11%
    • PPG Industries, Inc.
      0.11%
      0.11%
    • Nutrien Ltd.
      0.10%
      0.10%
    • Dcc PLC
      0.09%
      0.09%
    • L'Oréal SA
      0.07%
      0.07%
    • Prada Spa
      0.07%
      0.07%
    • Hermès International Sca
      0.05%
      0.05%
    • The Sherwin-Williams Co.
      0.05%
      0.05%
    • Shin-Etsu Chemical Co., Ltd.
      0.04%
      0.04%
    • Amorepacific
      0.03%
      0.03%
    • Church & Dwight Co., Inc.
      0.03%
      0.03%
    • Entegris, Inc.
      0.03%
      0.03%
    • Bayer
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Givaudan SA
      0.02%
      0.02%
    • Mitsubishi Gas Chemical Co., Inc.
      0.02%
      0.02%
    • Orica Ltd.
      0.02%
      0.02%
    • Cabot Corp.
      0.01%
      0.01%
    • Corteva, Inc.
      0.01%
      0.01%
    • The Clorox Co.
      0.01%
      0.01%
  • Human Rights Violations

    • 0.68%
    • 0.21%
    • Caterpillar
      0.13%
      0.13%
    • Nestlé
      0.11%
      0.11%
    • Rio Tinto
      0.10%
      0.10%
    • UBS
      0.05%
      0.05%
    • Holcim
      0.04%
      0.04%
    • 0.04%
    • Mtn Group Limited
      0.03%
      0.03%
    • Wells Fargo
      0.01%
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      1.41%
      1.5°C
      This company is on a 1.5°C pathway
      1.41%
    • BHP
      0.59%
      !!
      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
      0.59%
    • Nextera Energy, Inc.
      0.25%
      0.25%
    • 0.14%
    • Itochu Corp.
      0.13%
      !!
      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
      0.13%
    • Samsung C&T Corp.
      0.12%
      0.12%
    • Mitsubishi Corp.
      0.11%
      !!
      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
      0.11%
    • Marubeni Corp.
      0.10%
      !!
      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
      0.10%
    • Rio Tinto
      0.10%
      0.10%
    • Consolidated Edison, Inc.
      0.07%
      0.07%
    • Constellation Energy Corp.
      0.07%
      0.07%
    • Rh International (Singapore) Corp. Pte Ltd.
      0.06%
      0.06%
    • Duke Energy Corp
      0.05%
      0.05%
    • The Southern Co.
      0.05%
      0.05%
    • China Longyuan Power Group Corp. Ltd.
      0.03%
      0.03%
    • Dte Energy Co.
      0.03%
      0.03%
    • Entergy Corp.
      0.03%
      0.03%
    • Hd Hyundai Co., Ltd.
      0.03%
      0.03%
    • Ppl Corp.
      0.03%
      0.03%
    • E.On Se
      0.02%
      0.02%
    • Enel Chile SA
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Kunlun Energy Co. Ltd.
      0.02%
      !!
      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
      0.02%
    • Mytilineos SA
      0.02%
      0.02%
    • Orica Ltd.
      0.02%
      0.02%
    • Sempra Energy
      0.02%
      !!
      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
      0.02%
    • Dassault Systèmes Se
      0.01%
      0.01%
    • Enel
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • Fairfax Financial Holdings Ltd.
      0.01%
      0.01%
    • National Grid PLC
      0.01%
      !!
      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
      0.01%
    • Nisource, Inc.
      0.01%
      0.01%
    • Northland Power, Inc.
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.10%
      0.10%
    • Howmet Aerospace, Inc.
      0.06%
      0.06%
    • 0.06%
    • Embraer SA
      0.03%
      0.03%
  • Environmental Harm

    • BHP
      0.59%
      !!
      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
      0.59%
    • Unilever PLC
      0.32%
      0.32%
    • Coca-Cola
      0.25%
      0.25%
    • PepsiCo
      0.21%
      0.21%
    • 0.16%
    • 3M
      0.13%
      0.13%
    • Mitsubishi Corp.
      0.11%
      !!
      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
      0.11%
    • Nutrien Ltd.
      0.10%
      0.10%
    • Duke Energy Corp
      0.05%
      0.05%
    • 0.04%
    • Wh Group
      0.04%
      0.04%
    • Mondelez
      0.03%
      0.03%
    • Bayer
      0.02%
      0.02%
    • Corteva, Inc.
      0.01%
      0.01%
    • Danone
      0.01%
      0.01%

About this Fund

The High Growth Fund aims to provide the highest long-term returns of any of the funds. It invests solely in growth assets. Volatility is expected to be the highest of the funds.

Value $457M NZD
Period of data report 31st March 2025
Members 18,617
Fund started 25th Sept. 2024
Total annual fund fees 0.0%
Total performance based fees 0.0%
Manager's basic fee 0.0%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Nigel Jackson

Currently: Chief Executive Officer – BT Funds Management (NZ) Limited (2 years, 8 months)
Previously: Head of Investments (1 years, 6 months)

Philip Houghton-Brown

Currently: Head of Investment Solutions (4 years, 6 months)
Previously: Chief Investment Officer / Head of Investments, Mercer (8 years, 2 months)

Andrew Winter

Currently: Portfolio Manager Diversified Funds (1 years, 2 months)
Previously: Implementation Portfolio Manager (3 years, 5 months)

Stephen Hong

Currently: Senior Portfolio Manager (12 years, 6 months)
Previously: Portfolio Manager, AXA Global Investors (5 years, 9 months)

Angelika Sansom

Currently: Investment Analytics Manager (23 years, 7 months)
Previously: Investment Consultant, Mercer (2 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 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 31st March 2025.

Top 10 Investments

  • Fisher & Paykel Healthcare Ltd

    New Zealand Australasian Equities

    3.01%
  • Nvidia Corporation

    United States International Equities

    2.7%
  • Microsoft Corporation

    United States International Equities

    2.69%
  • Apple Inc.

    United States International Equities

    2.37%
  • Auckland International Airport Ltd

    New Zealand Australasian Equities

    1.76%
  • Infratil Ltd

    New Zealand Australasian Equities

    1.73%
  • Contact Energy Ltd

    New Zealand Australasian Equities

    1.53%
  • S&P500 E-Mini Future

    United States International Equities

    1.41%
  • Amazon.Com, Inc.

    United States International Equities

    1.24%
  • Alphabet Inc. Class A

    United States International Equities

    1.15%
Type Target Actual
Cash and Cash Equivalents 0.0% 2.01%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 26.0% 25.9%
International Equities 68.0% 66.15%
Listed Properties 6.0% 5.94%
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 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.