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
Apache Corp 4.7500% Mat 04/15/2043 0.02%
Basf Se 0.14%
BHP Billiton Ltd (Australia) 0.40%
BHP Billiton Ltd Adr 0.18%
Cms Energy Corp 0.27%
Coca Cola 0.22%
Devon Energy Corp 0.01%
Dominion Energy Gas Holdings Llc 0.02%
Dte Energy Company 0.23%
Enbridge Inc 0.27%
Enbridge, Inc. 0.01%
Enel Finance International Nv 0.06%
Exxon Mobil Corporation 3.4520% Mat 04/15/2051 0.03%
Galp Energia 0.09%
Hess Corp 0.06%
Hess Corp 5.60Pct Maturing 15/ 5.6000% Mat 02/15/2041 0.01%
Iberdrola SA 0.35%
Lundin Energy Ab 0.06%
Neste Oil 0.18%
Nextera Energy Capital Holdings, Inc. 0.05%
Noble Energy Inc 0.01%
Occidental Petroleum Corp 4.4000% Mat 04/15/2046 0.01%
Oil Search Ltd 0.02%
Origin Energy 0.12%
Petrobras Global Finance 6.75P 6.7500% Mat 12/03/2049 0.03%
Petrobras Global Finance Bv 0.01%
Petroleos Mexicanos (144A) 7.6900% Mat 01/23/2050 0.05%
Phillips 66 0.01%
Rio Tinto 0.65%
Total Capital Intl SA 3.127Pct 3.1270% Mat 11/29/2049 0.02%
Total SA 0.13%
Woodside Petroleum 0.10%
Xcel Energy Inc 0.32%
Weapons
Boeing Co 3.9500% Mat 08/01/2059 0.01%
The Boeing Company 5.7050% Mat 05/01/2040 0.01%
The Boeing Company 5.8050% Mat 05/01/2050 0.02%
The Boeing Company 5.9300% Mat 05/01/2060 0.01%
Gambling
Alcohol
Anheuser Busch Inbev Wor 4.60P 4.6000% Mat 12/01/2059 0.01%
Anheuser-Busch Inbev Worldwide Inc. 4.5000% Mat 06/01/2050 0.04%
Delegats Group 0.44%
Foley Wines 0.05%
Metcash Limited 0.17%
Pernod Ricard SA 0.19%
Human Rights & Environmental Violations
BHP Billiton Ltd (Australia) 0.40%
BHP Billiton Ltd Adr 0.18%
Johnson & Johnson 0.30%
Nestle SA 0.40%
Rio Tinto 0.65%
Sempra Energy 0.02%
Animal Testing
Basf Se 0.140%
Bayer AG 0.090%
Coca Cola 0.220%
Danone S.A. 0.010%
Glaxosmithkline PLC Adr 0.180%
Johnson & Johnson 0.300%
L'Oreal 0.220%
Linde PLC EUR 0.410%
Nestle SA 0.400%
Pepsico 0.350%
Procter & Gamble 0.330%
Reckitt Benckiser Group 0.160%
Reckitt Benckiser Treasury Services PLC 0.020%
Tesco Corporate Treasury Services PLC 0.020%
Unilever Nv 0.160%
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, 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 |
|---|---|---|
| 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 Interest14.74% -
Pimco Gis Global Bond Fund
Ireland Int Fixed Interest4.28% -
Legg Mason Brandywine Gofi
Ireland Int Fixed Interest4.19% -
Crown Global Opportunities Vi PLC Fund
Ireland Other2.61% -
Hapua Forest and Land
New Zealand Other1.76% -
Apple Computer
United States International Equities1.06% -
Microsoft
United States International Equities0.98% -
ANZ/Udc-NZD Bank Account(S)
New Zealand Cash and Equivalents AA-0.93% -
Fisher & Paykel Healthcare
New Zealand Australasian Equities0.9% -
ASB Term Deposit - 17/04/20
New Zealand Cash and 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.91%
-
Animal Testing:3.05%
-
Fossil Fuels:4.22%
-
Gambling:0.01%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:1.95%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.06%
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, 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 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 | $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) |
|
Brendan O'Donovan |
Currently: Chair of Investment Committee (0 years, 10 months) |
|
Manher Sukha |
Currently: Investment Manager (5 years, 10 months) |
|
Garry Gould |
Currently: Investment Manager (8 years, 11 months) |
|
Mark Wilcox |
Currently: Chief Executive (6 years, 5 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.
