Funds
QuayStreet Altum Fund
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Santos 8.42%
- Pbf Energy Inc. Class A 0.13%
- Texas Pacific Land Corporation 0.13%
- Apa Corp. 0.12%
- Conocophillips 0.11%
- Diamondback Energy Inc. 0.11%
- Eog Resources Inc. 0.11%
- Exxon Mobil Corporation 0.11%
- Hess Corporation 0.11%
- Hf Sinclair Corporation 0.11%
- Marathon Oil Corporation 0.11%
- Marathon Petroleum Corporation 0.11%
- Matador Resources Company 0.11%
- Murphy Oil Corporation 0.11%
- Pdc Energy Inc. 0.11%
- Phillips 66 0.11%
- Callon Petroleum Company 0.10%
- Chevron Corporation 0.10%
- Comstock Resources Inc. 0.10%
- Delek US Holdings Inc 0.10%
- Denbury Inc. 0.10%
- Kosmos Energy Ltd. 0.10%
- Occidental Petroleum Corporation 0.10%
- Pioneer Natural Resources Company 0.10%
- Valero Energy Corporation 0.10%
- Antero Resources Corporation 0.09%
- Civitas Resources Inc. 0.09%
- Cnx Resources Corporation 0.09%
- Continental Resources Inc. 0.09%
- Coterra Energy Inc. 0.09%
- Devon Energy Corporation 0.09%
- Magnolia Oil & Gas Corp. Class A 0.09%
- Ovintiv Inc 0.09%
- Range Resources Corporation 0.09%
- Sm Energy Company 0.09%
- Southwestern Energy Company 0.09%
- Eqt Corporation 0.08%
- Laredo Petroleum Inc. 0.08%
- California Resources Corporation 0.07%
- Cvr Energy Inc. 0.07%
- Northern Oil and Gas Inc. 0.07%
- W&T Offshore Inc. 0.07%
- Earthstone Energy Inc. Class A 0.06%
- Talos Energy Inc. 0.06%
- Tellurian Inc. 0.06%
- Brigham Minerals Inc. Class A 0.04%
- Par Pacific Holdings Inc 0.04%
- Gulfport Energy Corp 0.03%
- Silverbow Resources Inc 0.03%
- Berry Corporation 0.02%
Gambling
- Aristocrat Leisure 2.82%
Human Rights & Environmental Violations
- Chevron Corporation 0.10%
Animal Cruelty
- Exxon Mobil Corporation 0.11%
- Chevron Corporation 0.10%
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. 2022 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
In their own words
The QuayStreet Altum Fund invests in a concentrated portfolio of Australasian shares that can also include international shares, cash, fixed interest investments and derivatives. The investment objective is to provide a level of return above the fund’s benchmark over the long term.
| Value | $5.0M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 243 |
| Fund started | 6th Oct. 2014 |
| Total annual fund fees | 1.28% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.14% |
| Other management and administration charges | 0.14% |
| Total other charges | 34.26 |
| Total other charges currency | NZD |
Key Personnel
|
Andrew South |
Currently: Director/Chief Investment Officer (1 years, 5 months) |
|
Roy Cross |
Currently: Head of Fixed Interest (1 years, 5 months) |
|
Stefan Stevanovic |
Currently: Head of International Equity (1 years, 5 months) |
|
Xavier Waterstone |
Currently: Head of Research (1 years, 5 months) |
|
Craig Smith |
Currently: Fixed Income Analyst (1 years, 5 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
| Issue of concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 0.00% | |
| Animal Cruelty | 0.21% | |
| Fossil Fuels | 12.79% | |
| Gambling | 2.82% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 0.10% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.00% |
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. 2022 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 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.
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 |
|---|---|---|
| 2022 | 1.87% | 5.97% |
| 2021 | 27.41% | 26.4% |
| 2020 | -3.40% | -1.94% |
| 2019 | 6.95% | -0.91% |
| 2018 | 7.80% | 13.32% |
| 2017 | 9.24% | 6.0% |
| 2016 | 3.62% | 11.2% |
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 Dec. 2022.
Top 10 Investments
-
Cash ANZNZ (NZD)
New Zealand Cash and Equivalents AA-22.46% -
Ebos Group
New Zealand Australasian Equities8.0% -
Santos
Australia Australasian Equities7.8% -
Cash Citibank (AUD)
New Zealand Cash and Equivalents BBB+6.73% -
CSL
Australia Australasian Equities6.54% -
Macquarie Group
Australia Australasian Equities6.1% -
Mainfreight
New Zealand Australasian Equities5.93% -
Alphabet
United States International Equities5.2% -
Telix Pharmaceuticals
Australia Australasian Equities5.07% -
Spdr S&P Oil & Gas Exploration ETF
United States International Equities4.7%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 33.3% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 100.0% | 44.05% |
| International Equities | 0.0% | 22.65% |
| 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.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.