Christian KiwiSaver Balanced Fund

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Mindful Fund
Type: Balanced fund
Past Returns: 3.32%

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

Annual Fees: 1.35%

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

BHP Billiton Ltd (Australia) 0.35%
BHP Billiton Ltd Adr 0.14%
Cms Energy Corp 0.30%
Dominion Energy Gas Holdings Llc 0.04%
Dte Energy Company 0.22%
Enbridge Inc 0.32%
Galp Energia 0.12%
Hess Corp 0.06%
Neste Oil 0.13%
Nextera Energy Capital Holdings, Inc. 0.08%
Oil Search Ltd 0.02%
Origin Energy 0.13%
Phillips 66 0.01%
Total SA 0.18%
Woodside Petroleum 0.11%
Xcel Energy Inc 0.32%

Gambling

Alcohol

Delegats Group 0.29%
Pernod Ricard SA 0.20%

GMOs

Basf Se 0.12%
Bayer AG 0.09%
Novartis AG Adr 0.31%

Human Rights & Environmental Violations

BHP Billiton Ltd (Australia) 0.35%
BHP Billiton Ltd Adr 0.14%
Johnson & Johnson 0.31%
Nestle SA 0.41%
Rio Tinto 0.60%
Sempra Energy 0.03%

Animal Testing

Basf Se 0.120%
Bayer AG 0.090%
Coca Cola 0.230%
Danone S.A. 0.020%
Glaxosmithkline PLC Adr 0.210%
Johnson & Johnson 0.310%
Kraft Heinz Foods Co. 0.030%
L'Oreal 0.200%
Nestle SA 0.410%
Pepsico 0.350%
Procter & Gamble 0.300%
Reckitt Benckiser Group 0.150%
Unilever Nv 0.150%

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 March 31st 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.

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% 0.02%
2019 5.68% 6.34%
2018 5.63% 3.6%
2017 6.10% 7.19%
2016 4.01% 3.25%
2015 11.09% 8.45%
2014 7.28% 4.88%
2013 10.75% 8.3%
2012 1.75% -1.2%
2011 5.30% 5.45%

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 March 31st 2020.

Showing the top 10 investments for this fund:

  • Pimco Global Bond Esg Fund
    Ireland Int Fixed Interest
    14.74%
  • Pimco Gis Global Bond Fund
    Ireland Int Fixed Interest
    4.28%
  • Legg Mason Brandywine Gofi
    Ireland Int Fixed Interest
    4.19%
  • Crown Global Opportunities Vi PLC Fund
    Ireland Other
    2.61%
  • Hapua Forest and Land
    New Zealand Other
    1.76%
  • Apple Computer
    United States International Equities
    1.06%
  • Microsoft
    United States International Equities
    0.98%
  • ANZ/Udc-NZD Bank Account(S)
    New Zealand Cash and Cash Equivalents AA-
    0.93%
  • Fisher & Paykel Healthcare
    New Zealand Australasian Equities
    0.9%
  • ASB Term Deposit - 17/04/20
    New Zealand Cash and Cash Equivalents AA-
    0.82%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue March 31st 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% 19.15%
New Zealand Fixed Interest 20.0% 16.56%
International Fixed Interest 20.0% 23.22%
Australasian Equities 15.0% 11.03%
International Equities 30.0% 23.79%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 5.0% 6.25%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue March 31st 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:
    0.50%
  • Animal Testing:
    2.61%
  • Fossil Fuels:
    2.56%
  • Gambling:
    0.01%
  • GMOs:
    0.52%
  • Human Rights & Environmental Violations:
    1.85%
  • 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 March 31st 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 Fund has moderate exposures to both growth assets (such as equities and alternative assets) and income assets (such as fixed interest, mortgages and cash). It is designed to have a medium risk profile and to appeal to investors willing to accept medium risk to pursue long term growth. Here at Christian KiwiSaver Scheme, we’re about delivering great returns but we believe that how a return is made is important too. Our Scheme is built on universally accepted Christian values which underpin our ethical investment policy and shape how we manage your money. Under the policy, we are positive investors, informed first by a desire to support and encourage what is good in God’s eyes."

Value $33M NZD
Period of data report Tue March 31st 2020
Members 1,489
Fund started Fri July 20th 2007
Total annual fund fees 1.35%
Total performance based fees 0.0%
Manager's basic fee 1.35%
Administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Simon Brodie

Currently: Licensed Independent Trustee (4 years, 1 months)
Previously: Independent Trustee (2 years, 6 months)

Brendan O'Donovan

Currently: Chair of Investment Committee (0 years, 10 months)
Previously: Member, Investment Committee (3 years, 3 months)

Manher Sukha

Currently: Investment Manager (5 years, 10 months)
Previously: (0 years, 0 months)

Garry Gould

Currently: Investment Manager (8 years, 11 months)
Previously: Investment Consultant to The New Zealand Anglican Church Pension Board (21 years, 0 months)

Mark Wilcox

Currently: Chief Executive (6 years, 5 months)
Previously: Chief Financial Officer, The Co-operative Bank (4 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue March 31st 2020.

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.