Not Mindful
Fund type: Balanced 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
BHP Group Limited 0.63%
Enbridge Inc 0.35%
Washington H Soul Pattinson and Company 0.26%
BHP Billiton Ltd Adr 0.21%
National Grid 0.17%
Hess Corp 0.14%
Lundin Energy Ab 0.11%
Galp Energia 0.10%
Woodside Petroleum 0.10%
Origin Energy 0.08%
New Fortress Energy Inc 6.7500% Mat 09/15/2025 0.04%
Santos Limited 0.03%
Occidental Petroleum Corp 0.02%
Geopark L 5.5% 01/17/27 0.01%
Phillips 66 0.01%
Weapons
Viasat In 5.625% 04/15/27 0.03%
Tobacco
Schweitzer-Mauduit Internation 6.8750% Mat 10/01/2026 0.01%
Alcohol
Delegats Group 0.25%
Foley Wines 0.04%
Human Rights & Environmental Violations
BHP Group Limited 0.63%
Rio Tinto 0.61%
Nestle SA 0.35%
Johnson & Johnson 0.29%
BHP Billiton Ltd Adr 0.21%
Bayer AG 0.08%
Credit Suisse AG 0.05%
Credit Suisse Group AG 0.04%
Teva Pharmaceutical Finance Ne 2.8000% Mat 07/21/2023 0.02%
Teva Pharmaceutical Finance Netherlands 3.1500% Mat 10/01/2026 0.02%
Animal Testing
Linde PLC EUR 0.44%
Nestle SA 0.35%
Pepsico 0.34%
Johnson & Johnson 0.29%
Procter & Gamble 0.29%
Coca Cola 0.22%
L'Oreal 0.22%
Glaxosmithkline PLC Adr 0.17%
Basf Se 0.10%
Reckitt Benckiser Group 0.10%
Unilever PLC 0.10%
Bayer AG 0.08%
Tesco Corporate Treasury Services PLC 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 March 31st 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.
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 | 0.35% | 3.89% |
2021 | 16.60% | 14.08% |
2020 | -1.09% | 0.02% |
2019 | 5.56% | 6.34% |
2018 | 5.28% | 3.6% |
2017 | 5.86% | 7.19% |
2016 | 4.01% | 3.25% |
2015 | 11.09% | 8.45% |
2014 | 7.28% | 4.88% |
2013 | 10.75% | 8.3% |
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 Thu March 31st 2022.
Showing the top 10 investments for this fund:
-
Pimco Global Bond ESG Fund
Ireland Int Fixed Interest15.72% -
Legg Mason Brandywine Gofi
Ireland Int Fixed Interest4.92% -
Pimco Gis Global Bond Fund
Ireland Int Fixed Interest4.13% -
Crown Global Opportunities Vi PLC Fund
Ireland Other2.61% -
Hawkes Bay Forest, Land, Units
New Zealand Other2.44% -
Apple Computer
United States Int Fixed Interest2.35% -
ANZ-NZD Bank Account(S)
New Zealand Cash and Equivalents1.7% -
Microsoft
United States International Equities1.54% -
Crown Global Opportunities Vii PLC
Ireland Other1.23% -
Amazon.Com Inc
United States International Equities0.93%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Thu March 31st 2022.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 10.0% | 15.67% |
New Zealand Fixed Interest | 20.0% | 14.42% |
International Fixed Interest | 20.0% | 21.43% |
Australasian Equities | 15.0% | 13.48% |
International Equities | 30.0% | 27.63% |
Listed Properties | 0.0% | 0.0% |
Unlisted Properties | 0.0% | 0.0% |
Other | 5.0% | 7.37% |
Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu March 31st 2022.
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.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.29%
-
Animal Testing:2.75%
-
Fossil Fuels:2.27%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:2.29%
-
Palm Oil:0.00%
-
Tobacco:0.01%
-
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 March 31st 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.
In their own words
"The Balanced 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 members willing to accept medium risk to pursue long term growth."
Value | $50M NZD |
Period of data report | Thu March 31st 2022 |
Members | 1,589 |
Fund started | Fri July 20th 2007 |
Total annual fund fees | 1.35% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.35% |
Other management and administration charges | 0.0% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Brendan O'Donovan |
Currently: Chair of Investment Committee (2 years, 10 months) |
Simon Brodie |
Currently: Chief Investment Officer / Investment Consultant (10 years, 11 months) |
Manher Sukha |
Currently: Investment Manager (7 years, 10 months) |
Andrew Johnson |
Currently: Licensed Independent Trustee (0 years, 8 months) |
Margaret Bearsley |
Currently: Chief Executive (0 years, 6 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu March 31st 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.