Not Mindful
Fund type: Conservative fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership fee.
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.
Fossil Fuel
Apt Pipelines Ltd 150730 2.00 Cb 0.01%
BP Capital Markets America Inc 060224 3.79 Cb 0.01%
BP Capital Markets PLC 220326 3.25 Cb 0.01%
BP Capital Markets PLC 220329 3.625 Cb 0.01%
Ck Hutchison International 21 Ltd 150431 2.50 Cb 0.01%
Coca Cola Co USD 0.34%
Energy Transfer Operating Lp 150429 5.25 Cb 0.01%
Energy Transfer Operating Lp 150550 5.00 Cb 0.01%
Gaz Capital SA 160837 7.288 Cb 0.01%
Gaz Finance PLC 250230 3.25 Cb 0.02%
Genesis Energy Ltd 030425 5.00 Cb 0.16%
Genesis Energy Ltd 080323 5.81 Gb 0.07%
Genesis Energy Ltd 200722 1.32 Gb 0.01%
Glencore Funding Llc 120329 4.875 Cb 0.02%
Glencore Funding Llc 270426 1.625 Cb 0.01%
Glencore Funding Llc 290424 4.625 Cb 0.03%
Lukoil Securities Bv 060530 3.875 Cb 0.03%
Marathon Petroleum Corp 010428 3.8 Cb 0.01%
Mplx Lp 150438 4.50 Cb 0.01%
New Zealand Refining Company Limited 0.06%
Occidental Petroleum Corp 150326 5.55 Cb 0.01%
Origin Energy Finance Ltd 170929 1.00 Cb 0.01%
Qatar Petroleum 120731 2.25 Gb 0.01%
Qatar Petroleum 120741 3.125 Gb 0.02%
Qatar Petroleum 120751 3.30 Gb 0.02%
Sasol Financing Usa Llc 270324 5.875 Cb 0.01%
Sunoco Logistics Partners Operations Lp 011027 4.00 Cb 0.01%
Wintershall Dea Finance Bv 250925 0.84 Cb 0.01%
Wintershall Dea Finance Bv 250928 1.332 Cb 0.01%
Weapons
Teledyne Technologies Inc 010424 0.95 Cb 0.03%
Gambling
Aristocrat Leisure Ltd 0.11%
Skycity Entertainment Group Limited 0.22%
Alcohol
Anheuser Busch Companies Llc 010246 4.90 Cb 0.01%
Anheuser Busch Inbev Worldwide Inc 150448 4.60 Cb 0.02%
Bacardi Ltd 150528 4.70 Cb 0.02%
Constellation Brands Inc 010530 2.875 Cb 0.03%
Constellation Brands Inc 061226 3.70 Cb 0.01%
Constellation Brands Inc 150223 3.2 Cd 0.02%
Human Rights & Environmental Violations
Bayer AG 060130 1.125 Cb 0.01%
Bayer AG 120129 0.375 Cb 0.02%
Energy Transfer Operating Lp 150429 5.25 Cb 0.01%
Energy Transfer Operating Lp 150550 5.00 Cb 0.01%
Glencore Funding Llc 120329 4.875 Cb 0.02%
Glencore Funding Llc 270426 1.625 Cb 0.01%
Glencore Funding Llc 290424 4.625 Cb 0.03%
Animal Testing
Bayer AG 120129 0.375 Cb 0.02%
Coca Cola Co USD 0.34%
Kerry Group PLC-A 0.28%
Keurig Dr Pepper Inc 150926 2.55 Cb 0.03%
Syngenta Finance AG 240423 4.441 Cb 0.02%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.
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.
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 |
|---|---|---|
| 2021 | 8.73% | 11.5% |
| 2020 | 1.42% | -1.16% |
| 2019 | 4.58% | 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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
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Nikko AM Wholesale Conservative Fund
New Zealand Fund100.0%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 15.0% | 14.89% |
| New Zealand Fixed Interest | 35.0% | 34.95% |
| International Fixed Interest | 17.5% | 17.43% |
| Australasian Equities | 8.5% | 8.62% |
| International Equities | 14.0% | 14.11% |
| Listed Properties | 5.0% | 5.1% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 5.0% | 4.9% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).
The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.
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Issue of concernDoes this fund say it excludes this?Actual holdings
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Adult Entertainment/Pornography:0.00%
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Alcohol:0.11%
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Animal Testing:0.76%
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Fossil Fuels:0.96%
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Gambling:0.33%
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GMOs:0.00%
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Human Rights & Environmental Violations:0.11%
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Palm Oil:0.00%
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Tobacco:0.00%
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Weapons:0.03%
This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.
Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"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 | $41M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Members | 1,200 |
| Fund started | Thu July 28th 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 |
Key Personnel
|
Timothy Pritchard |
Currently: Investment Committee Member (2 years, 9 months) |
|
Jeffery Darren Ruscoe |
Currently: Investment Committee Member (2 years, 9 months) |
|
Blair Robert Vernon |
Currently: Investment Committee Member (10 years, 6 months) |
|
Mark David Ennis |
Currently: Investment Committee Member (1 years, 5 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
