QuayStreet Balanced Fund

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Type: Balanced fund
Past Returns: 6.71%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.03%

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

Ameren Corp 0.01%
American Electric Power Inc 0.03%
Apt Pipelines (March 2025) 0.84%
BHP Billiton Ltd 0.46%
Beach Energy 0.05%
Brickworks 0.05%
Chevron Corp 0.11%
Cms Energy Corp 0.01%
Coca-Cola 0.13%
Conocophillips 0.03%
Dominion Energy Inc 0.04%
Dte Energy 0.02%
Eog Resources Inc 0.02%
Exxon Mobil Corp 0.11%
Genesis Energy (April 2025) 0.54%
Genesis Energy (Jul 2022) 0.05%
Genesis Energy (Mar 2023) 0.27%
Kinder Morgan Inc 0.02%
Lyondellbasell Industries Nv Class 0.01%
Marathon Petroleum Corp 0.02%
Nextera Energy Inc 0.09%
Oneok Inc 0.01%
Phillips 0.02%
Pioneer Natural Resource 0.01%
Portland General Electric Co 0.14%
Ppl Corp 0.01%
Reliance Industries Ltd 0.11%
Rio Tinto 0.20%
Santos 0.75%
South32 0.13%
Valero Energy Corp 0.02%
Wec Energy Group Inc 0.02%
Whitehaven Coal 0.02%
Williams Inc 0.02%
Xcel Energy Inc 0.02%

Weapons

Amphenol Corp Class A 0.02%
Boeing 0.07%
General Dynamics Corp 0.02%
Honeywell International Inc 0.09%
L3Harris Technologies Inc 0.03%
Larsen and Toubro Ltd 0.02%
Lockheed Martin Corp 0.06%
Northrop Grumman Corp 0.03%
Raytheon Technologies Corp 0.07%
Transdigm Group Inc 0.02%

Tobacco

Altria Group Inc 0.05%
Philip Morris International Inc 0.07%

Gambling

Aristocrat Leisure 0.44%
Crown Resorts 0.06%
Jumbo Interactive Ltd 0.08%

Adult Entertainment/Pornography

Alcohol

Brown Forman Corp Class B 0.01%
Constellation Brands Inc Class A 0.02%
Delegat'S Group 0.12%
Graincorp 0.05%

GMOs

Corteva Inc 0.02%

Human Rights & Environmental Violations

Archer Daniels Midland 0.02%
BHP Billiton Ltd 0.46%
Chevron Corp 0.11%
Duke Energy Corp 0.04%
Freeport Mcmoran Inc 0.02%
Johnson & Johnson 0.24%
Nestle India Ltd 0.01%
Nutrien Ltd 0.23%
Rio Tinto 0.20%
Sempra Energy 0.02%

Animal Testing

Air Products and Chemicals Inc 0.040%
Altria Group Inc 0.050%
Archer Daniels Midland 0.020%
Chevron Corp 0.110%
Church and Dwight Inc 0.010%
Clorox 0.020%
Coca-Cola 0.130%
Colgate-Palmolive 0.050%
Corteva Inc 0.020%
Dow Inc 0.030%
Dupont De Nemours Inc 0.030%
Ecolab Inc 0.030%
Estee Lauder Inc Class A 0.030%
General Mills Inc 0.020%
Hindustan Unilever Ltd 0.040%
Honeywell International Inc 0.090%
Hp Inc 0.020%
Itc Ltd 0.010%
Johnson & Johnson 0.240%
Kimberly Clark Corp 0.030%
Kraft Heinz 0.010%
Linde PLC 0.370%
Lyondellbasell Industries Nv Class 0.010%
Mondelez International Inc Class A 0.050%
Nestle India Ltd 0.010%
Nutrien Ltd 0.230%
PPG Industries Inc 0.020%
Pepsico Inc 0.130%
Philip Morris International Inc 0.070%
Procter & Gamble 0.220%
Reliance Industries Ltd 0.110%
Sherwin Williams 0.040%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 2020 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 16.64% 14.82%
2020 -1.20% 0.54%
2019 5.69% 4.77%
2018 5.19% 5.71%
2017 5.86% 6.12%
2016 4.01% 4.65%
2015 11.09% 10.2%
2014 7.28% 3.21%
2013 10.75% 10.55%
2012 1.75% -1.78%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Cash ANZNZ (NZD)
    New Zealand Cash and Equivalents AA-
    22.66%
  • Ishares Core S&P 500 ETF
    United States International Equities
    18.99%
  • Msci Eafe Incl Canada Trs
    New Zealand International Equities
    11.83%
  • Cash Citibank (USD)
    New Zealand Cash and Equivalents BBB+
    4.27%
  • Fisher & Paykel Healthcare
    New Zealand Australasian Equities
    1.45%
  • Spdr Gold Shares Fund
    United States International Equities
    1.33%
  • Ishares Msci India ETF
    India International Equities
    1.05%
  • CSL
    Australia Australasian Equities
    1.0%
  • Mainfreight
    New Zealand Australasian Equities
    0.94%
  • NZ Govt Inflation Linked (Sep 2025)
    New Zealand NZ Fixed Interest AAA
    0.94%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed March 31st 2021.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 20.53%
New Zealand Fixed Interest 30.0% 16.37%
International Fixed Interest 0.0% 6.51%
Australasian Equities 20.0% 16.28%
International Equities 40.0% 39.86%
Listed Properties 0.0% 0.45%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.01%
  • Alcohol:
    0.21%
  • Animal Testing:
    2.38%
  • Fossil Fuels:
    4.53%
  • Gambling:
    0.60%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.36%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.12%
  • Weapons:
    0.48%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 2020 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 intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"The QuayStreet Balanced Fund invests in a diversified portfolio with a balance between fixed interest and growth assets such as shares. The investment objective is to provide a return above the Fund’s benchmark over the long term."

Value $69M NZD
Period of data report Wed March 31st 2021
Members 1,736
Fund started Tue Oct. 23rd 2007
Total annual fund fees 1.03%
Total performance based fees 0.01%
Manager's basic fee 0.97%
Administration charges 0.05%
Total other charges 34.57
Total other charges currency NZD

Key Personnel

James Ring

Currently: Investment Manager International Equities (6 years, 9 months)
Previously: Investment Manager Rank Group Limited (1 years, 0 months)

Andrew South

Currently: Investment Manager Australasian Equities (6 years, 9 months)
Previously: Chief Investment Officer Brook Asset Management Limited (4 years, 1 months)

Roy Cross

Currently: Senior Analyst (6 years, 9 months)
Previously: Senior Analyst Brook Asset Management Limited (8 years, 7 months)

Stefan Stevanovic

Currently: Senior Analyst (6 years, 9 months)
Previously: Research Analyst Brook Asset Management Limited (6 years, 7 months)

Xavier Waterstone

Currently: Senior Analyst (2 years, 7 months)
Previously: Senior Analyst Diogenes Research Pty Limited (1 years, 6 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.