Check funds Find a fund

Christian KiwiSaver Balanced Fund

Join this fund »
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: 1.5%

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

Gambling

Alcohol

Delegats Group 0.29%
Pernod Ricard Sa 0.20%

GMOs

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

Human Rights & Environmental Violations

Nestle Sa 0.41%
Rio Tinto 0.21%
BHP Billiton Ltd (Australia) 0.35%
Johnson & Johnson 0.31%
BHP Billiton Ltd Adr 0.14%
Sempra Energy 0.03%

Animal Testing

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

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.

A summary of this fund and its details.

Number FND931
Name Christian KiwiSaver Balanced Fund
Risk profile Balanced fund
Description 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
Members 1,489
Market index description The market index annual return is based on a composite index comprising a mix of benchmark indices. More information on the benchmark indices used for each asset class is contained in the Statement of Investment Policies and Objectives (SIPO) for the Christian KiwiSaver Scheme. A copy of the SIPO is available from www.christiankiwisaver.nz/documents or on the offer register at the Companies Office www.disclose-register.companiesoffice.govt.nz/ under Christian KiwiSaver Scheme.
Period of data report Tue March 31st 2020
Fund started Fri July 20th 2007
Three-year average return 3.32%
Market index past year return 0.95%
Past year return net of charges and tax 0.02%
Past year return net of charges gross of tax -0.01%
Market index return since fund started 7.37%
Return since fund started net 4.58%
Total annual fund fees 1.5%
Total performance based fees 0.0%
Manager's basic fee 1.5%
Administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

  • Brendan O'Donovan

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

  • Brendan O'Donovan

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

  • Brendan O'Donovan

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

  • Garry Gould

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

  • Manher Sukha

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

  • Manher Sukha

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

  • Manher Sukha

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

  • Mark Wilcox

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

  • Mark Wilcox

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

  • Mark Wilcox

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

  • Simon Brodie

    Currently: Chief Investment Officer / Investment Consultant (8 years, 11 months)
    Previously: Portfolio Management / Strategy, Tower Asset Management (23 years, 0 months)

  • Simon Brodie

    Currently: Chief Investment Officer / Investment Consultant (8 years, 11 months)
    Previously: Portfolio Management / Strategy, Tower Asset Management (23 years, 0 months)

  • Simon Brodie

    Currently: Chief Investment Officer / Investment Consultant (8 years, 11 months)
    Previously: Portfolio Management / Strategy, Tower Asset Management (23 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.

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 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% 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 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:
    0.50%
  • 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."

Download the fund's disclosure statement and portfolio holdings.

Latest news

Inside the Black Box of New Zealand Investment Funds

Online Seminar Series

Seminar Series: Investing for the Environment

You should be prudent about your investment.

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.