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

    • Kbr Inc 0.33%
    • Nestle SA-Reg 0.23%
    • Credit Suisse Group AG 0.18%
    • Glencore Funding Llc 0.03%
    • Credit Suisse New York 0.02%
    • Wells Fargo & Company 0.01%
    • Cargill Inc 0.06%
    • Glencore Funding Llc 0.03%
    • Syngenta Finance Nv 0.02%
    • Rentokil Initial PLC 0.26%
    • Syngenta Finance Nv 0.02%
    • Dupont De Nemours Inc 0.01%
    • Sasol Financing Usa Llc 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
    • Kbr Inc 0.33%
    • Amphenol Corp-Cl A 0.23%
    • Contact Energy Ltd 0.46% 1.5°C
      This company is on a 1.5°C pathway
    • Genesis Energy Ltd 0.08%
    • Channel Infrastructure NZ Lt 0.07%
    • Electricite De France SA 0.07%
    • Enterprise Products Oper 0.05% !!
      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
    • Glencore Cap Fin Dac 0.04%
    • National Grid PLC 0.04% !!
      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
    • E.On Intl Finance Bv 0.03%
    • Enel Spa 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Galaxy Pipeline Assets 0.03%
    • Glencore Funding Llc 0.03%
    • Occidental Petroleum Cor 0.03% !!
      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
    • Qatar Energy 0.03% !!
      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
    • Abu Dhabi Crude Oil 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
    • Totalenergies Se 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
    • Enbridge Inc 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
    • Sasol Financing Usa Llc 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
    • Wintershall Dea Finance 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

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 aims to minimise the risk of investment loss while optimising investment returns and to preserve the capital value of invested funds over the long term in real terms.

Value $30.3M NZD
Period of data report 30th Sept. 2023
Members 964
Fund started 28th July 2016
Total annual fund fees 1.12%
Total performance based fees 0.0%
Manager's basic fee 0.98%
Other management and administration charges 0.14%
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 -1.85% -3.25%
2022 -0.58% -1.74%
2021 8.94% 11.5%
2020 0.45% -1.16%
2019 4.19% 4.81%
2018 3.58% 5.33%

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

  • Nikko AM Wholesale Conservative Fund
    New Zealand Fund
    100.0%
Type Target Actual
Cash and Cash Equivalents 20.0% 20.11%
New Zealand Fixed Interest 35.0% 35.28%
International Fixed Interest 22.0% 21.98%
Australasian Equities 6.0% 5.94%
International Equities 12.0% 11.84%
Listed Properties 5.0% 4.85%
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.