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

    • Meta Platforms Inc-Class A 0.41%
    • Johnson & Johnson 0.28%
    • Motorola Solutions Inc 0.09%
    • Thermo Fisher Scientific Inc 0.09%
    • Rio Tinto Ltd 0.08%
    • Uber Technologies Inc 0.08%
    • Caterpillar Inc 0.03%
    • Pan American Silver Corp 0.02%
    • Centrais Eletricas Brasilier 0.01%
    • Li Ning Co Ltd 0.01%
    • Rio Tinto PLC 0.01%
    • Nutrien Ltd 0.13%
    • Newcrest Mining Ltd 0.04%
    • 3M Co 0.03%
    • Fmc Corp 0.03%
    • Soc Quimica Y Minera Chile-B 0.01%
    • Ecolab Inc 0.17%
    • Kimberly-Clark Corp 0.13%
    • LVMH Moet Hennessy Louis Vui 0.13%
    • Nutrien Ltd 0.13%
    • Church & Dwight Co Inc 0.09%
    • PPG Industries Inc 0.09%
    • Dupont De Nemours Inc 0.08%
    • Givaudan-Reg 0.08%
    • L'Oreal 0.07%
    • Sherwin-Williams Co/The 0.07%
    • Intl Flavors & Fragrances 0.05%
    • Shin-Etsu Chemical Co Ltd 0.05%
    • Albemarle Corp 0.04%
    • Rentokil Initial PLC 0.04%
    • 3M Co 0.03%
    • Clorox Company 0.03%
    • Croda International PLC 0.03%
    • Estee Lauder Companies-Cl A 0.03%
    • Fmc Corp 0.03%
    • Mowi Asa 0.03%
    • Air Liquide SA 0.02%
    • Akzo Nobel N.V. 0.02%
    • Koninklijke Ahold Delhaize N 0.02%
    • Mosaic Co/The 0.02%
    • Hermes International 0.01%
    • Kering 0.01%
    • Orica Ltd 0.01%
    • Walmart Inc 0.12%
    • Contact Energy Ltd 0.44% 1.5°C
      This company is on a 1.5°C pathway
    • Enel Spa 0.14% 1.5°C
      This company is on a 1.5°C pathway
    • Rio Tinto Ltd 0.08%
    • Orsted A/S 0.04% 1.5°C
      This company is on a 1.5°C pathway
    • Algonquin Power & Utilities 0.02%
    • Kinetik Holdings Lp 0.02%
    • Northland Power Inc 0.02%
    • Verbund AG 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Weg SA 0.02%
    • Centrais Eletricas Brasilier 0.01%
    • Clearway Energy Op Llc 0.01%
    • Orica Ltd 0.01%
    • Rio Tinto PLC 0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30th Sept. 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

The fund has a well-diversified portfolio that has a balance of risk through holding growth assets and an allocation to lower-risk income assets. The fund aims to achieve medium returns, in exchange there will be some movements up and down in the value of your investments.
AMP is one of New Zealand’s most enduring companies, with continuous operations under the same brand for more than 160 years.We began our proud history of providing life insurance policies in New Zealand in 1854 with a strong community-focused ethos that still holds true today. AMP has grown into a highly efficient large-scale organisation which provides Kiwis with financial security and the opportunity to look forward to a better tomorrow.

Value $26.1M NZD
Period of data report 30th Sept. 2023
Members 982
Fund started 28th July 2016
Total annual fund fees 0.78%
Total performance based fees 0.0%
Manager's basic fee 0.69%
Other management and administration charges 0.09%
Total other charges 23.4
Total other charges currency NZD

Jeffery Darren Ruscoe

Currently: Investment Committee Member (4 years, 6 months)
Previously: Managing Director, AMP Wealth Management New Zealand (1 years, 5 months)

Mark David Ennis

Currently: Investment Committee Member (3 years, 2 months)
Previously: Managing Director, AdviceFirst Limited (3 years, 7 months)

Katie Priscilla Breatnach

Currently: Investment Committee Member (0 years, 7 months)
Previously: GM Legal & Governance, AMP Wealth Management New Zealand (0 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th Sept. 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
2023 -2.79% -3.77%
2022 0.71% 0.1%
2021 17.98% 22.38%
2020 -1.40% -4.89%
2019 5.81% 6.01%
2018 5.28% 4.76%

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 Sept. 2023.

Top 10 Investments

  • Apple Inc
    United States International Equities
    1.82%
  • Microsoft Corp
    United States International Equities
    1.57%
  • New Zealand Government Inflation Linked Bond - Maturing 20 Sep 2035
    New Zealand NZ Fixed Interest AAA
    1.35%
  • BNP USD Account
    United States Cash and Equivalents
    1.12%
  • New Zealand Government Bond - Maturing 15 Apr 2027
    New Zealand NZ Fixed Interest AAA
    1.1%
  • New Zealand Government Bond - Maturing 15 Apr 2025
    New Zealand NZ Fixed Interest AAA
    1.02%
  • New Zealand Government Bond - Maturing 20 Apr 2029
    New Zealand NZ Fixed Interest AAA
    0.98%
  • New Zealand Government Inflation Linked Bond - Maturing 20 Sep 2030
    New Zealand NZ Fixed Interest AAA
    0.94%
  • New Zealand Government Bond - Maturing 15 May 2024
    New Zealand NZ Fixed Interest AAA
    0.93%
  • New Zealand Government Bond - Maturing 14 Apr 2033
    New Zealand NZ Fixed Interest AAA
    0.92%
Type Target Actual
Cash and Cash Equivalents 10.0% 9.54%
New Zealand Fixed Interest 13.0% 13.21%
International Fixed Interest 20.0% 20.55%
Australasian Equities 11.0% 10.65%
International Equities 46.0% 46.05%
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 Sept. 2023.