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QuayStreet Socially Responsible Investment Fund

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Mindful Fund
Type: Balanced fund
Past Returns: 3.03%

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

Annual Fees: 1.04%

Annual fees, including any membership and % management 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

GMOs

Human Rights & Environmental Violations

Animal Testing

Procter & Gamble Company 0.100%
Pepsico, Inc. 0.070%
Coca-Cola Company 0.060%
Colgate-Palmolive Company 0.020%
Air Products and Chemicals, Inc. 0.020%
Kimberly-Clark Corporation 0.020%
Estee Lauder Companies Inc. Class A 0.010%
General Mills, Inc. 0.010%
Walgreens Boots Alliance Inc 0.010%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue June 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 and research organisations.

A summary of this fund and its details.

Number FND824
Name QuayStreet Socially Responsible Investment Fund
Risk profile Balanced fund
Description The guiding philosophy of the QuayStreet Socially Responsible Investment (SRI) Fund is to endeavour to have a diversified portfolio of investments that are considered to be environmentally and socially sustainable, whilst still applying our traditional portfolio investment criteria. The Fund invests in income and growth assets which are selected in accordance with our SRI Policy. The investment objective is to provide a return above the Fund’s benchmark over the long term. The portfolio can vary between a Growth and a Balanced investment strategy, allowing the portfolio manager to adjust the Fund’s overall risk exposure depending on market conditions.
Value $10M NZD
Members 414
Market index description Market Index weighted 40% MSCI World Index (NZD), 10% S&P/NZX 50 Index, 10% S&P/ASX 200 Index, 30% S&P/NZX Investment Grade Corporate Bond Index and 10% NZX 90 day Bank Bill Index.
Period of data report Tue June 30th 2020
Fund started Mon Nov. 12th 2007
Three-year average return 3.03%
Market index past year return 5.26%
Past year return net of charges and tax 3.96%
Past year return net of charges gross of tax 4.4%
Market index return since fund started 8.65%
Return since fund started net 5.42%
Total annual fund fees 1.04%
Total performance based fees 0.0%
Manager's basic fee 0.88%
Administration charges 0.16%
Total other charges 35.49
Total other charges currency NZD

Key Personnel

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (5 years, 9 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • Andrew South

    Currently: Investment Manager Australasian Equities (6 years, 0 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • James Ring

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

  • James Ring

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

  • James Ring

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

  • James Ring

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

  • James Ring

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

  • James Ring

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

  • James Ring

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

  • James Ring

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

  • James Ring

    Currently: Investment Manager International Equities (5 years, 9 months)
    Previously: Investment Manager, Rank Group Limited (1 years, 0 months)

  • James Ring

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

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (5 years, 9 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Roy Cross

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (5 years, 9 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (6 years, 0 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 months)

  • Xavier Waterstone

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

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 10 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 Tue June 30th 2020.

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
2020 -1.89% 0.83%
2019 5.68% 3.76%
2018 5.63% 4.51%
2017 6.10% 5.23%
2016 4.01% 1.65%
2015 11.09% 10.5%
2014 7.28% 5.23%
2013 10.75% 11.94%
2012 1.75% -3.04%
2011 5.30% 3.9%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Msci World Esg Leaders Trs
    United States International Equities
    14.63%
  • Cash ANZNZ (NZD)
    New Zealand Cash and Equivalents
    9.77%
  • Ishares Msci Kld 400 Social
    United States International Equities
    5.72%
  • Vanguard Esg US Stock ETF
    United States Fund
    5.53%
  • ASB Term Deposit 2.40% 14/08/2020
    New Zealand Cash and Equivalents
    4.63%
  • Bank Of China Term Deposit 3.29% 27/7/2020
    New Zealand Cash and Equivalents
    4.46%
  • Cash Citi Margin (USD)
    New Zealand Cash and Equivalents
    3.88%
  • Cash Citibank (AUD)
    New Zealand Cash and Equivalents
    3.39%
  • ASB Term Deposit 2.50% 30/11/2020
    New Zealand Cash and Equivalents
    3.35%
  • Cash Citibank (USD)
    New Zealand Cash and Equivalents
    3.2%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 30 June 2020 .

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 18.97%
New Zealand Fixed Interest 30.0% 20.59%
International Fixed Interest 0.0% 3.43%
Australasian Equities 20.0% 16.05%
International Equities 40.0% 39.81%
Listed Properties 0.0% 1.15%
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 30 June 2020 .

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:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.37%
  • Fossil Fuels:
    0.03%
  • Gambling:
    0.00%
  • GMOs:
    0.01%
  • Human Rights & Environmental Violations:
    0.01%
  • 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 Tue June 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 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 guiding philosophy of the QuayStreet Socially Responsible Investment (SRI) Fund is to endeavour to have a diversified portfolio of investments that are considered to be environmentally and socially sustainable, whilst still applying our traditional portfolio investment criteria. The Fund invests in income and growth assets which are selected in accordance with our SRI Policy. The investment objective is to provide a return above the Fund’s benchmark over the long term. The portfolio can vary between a Growth and a Balanced investment strategy, allowing the portfolio manager to adjust the Fund’s overall risk exposure depending on market conditions."

Download the fund's disclosure statement and portfolio holdings.

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Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.