Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all KiwiSaver defensive funds is 0.86%.
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fonterra ranks as the fifth largest source of greenhouse gas emissions among agri-food companies globally. This position is reflective of the heavy environmental footprint of the dairy industry, notably of methane (GHG) produced by dairy herds and other harm from intensive dairy farming practices such as through high nitrogen runoff into rivers, which flow into oceans.
The NZ Corporate Bond Fund aims to generate income by constructing an actively managed investment portfolio of New Zealand bonds, deposits and cash whilst preserving capital value.
| Value | $769k NZD |
| Period of data report | 31st March 2025 |
| Members | 32 |
| Fund started | 3rd April 2018 |
| Total annual fund fees | 0.7% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.7% |
| Other management and administration charges | 0.0% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (2 years, 0 months)
|
|
Fergus Mcdonald |
Currently: Head of Bonds & Currency and Member of Investment Committee (24 years, 9 months)
|
|
Ian Bellew |
Currently: Fixed Income Manager (13 years, 3 months)
|
|
Matthew Johnson |
Currently: Fixed Income Manager (6 years, 6 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.81% | 5.07% |
| 2024 | 3.51% | 4.22% |
| 2023 | -0.13% | 0.22% |
| 2022 | -1.68% | -3.79% |
| 2021 | 1.56% | 2.91% |
| 2020 | 1.64% | 2.62% |
| 2019 | 2.37% | 5.17% |
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 31st March 2025.
Housing NZ 1.534% 10/09/2035
New Zealand NZ Fixed Interest AAA
NZ Local Govt Funding Agency 150437 2.00 Gb
New Zealand NZ Fixed Interest AAA
Insurance Australia Group Ltd 150628 5.32 Cb
Australia NZ Fixed Interest BBB
Nzlgfa 3% 15/05/2035
New Zealand NZ Fixed Interest AAA
Westpac New Zealand Ltd 160932 6.19 Cb
New Zealand NZ Fixed Interest A
Housing NZ 3.42% 18/10/2028
New Zealand NZ Fixed Interest AAA
Dunedin City Treasury 101033 4.966 Lb
New Zealand NZ Fixed Interest AA-
Auckland Council 170639 5.745 Cb
New Zealand NZ Fixed Interest AA
NZD BNP Paribas A/C
New Zealand Cash and Equivalents AA-
Chorus Ltd 4.35% 06/12/2028
New Zealand NZ Fixed Interest BBB
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 8.46% |
| New Zealand Fixed Interest | 100.0% | 91.54% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
This data is compiled by Mindful Money from the fund information and portfolios
that each
KiwiSaver
fund has
filed with the Disclose register to 31st March 2025 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.
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fonterra ranks as the fifth largest source of greenhouse gas emissions among agri-food companies globally. This position is reflective of the heavy environmental footprint of the dairy industry, notably of methane (GHG) produced by dairy herds and other harm from intensive dairy farming practices such as through high nitrogen runoff into rivers, which flow into oceans.
The NZ Corporate Bond Fund aims to generate income by constructing an actively managed investment portfolio of New Zealand bonds, deposits and cash whilst preserving capital value.
| Value | $769k NZD |
| Period of data report | 31st March 2025 |
| Members | 32 |
| Fund started | 3rd April 2018 |
| Total annual fund fees | 0.7% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.7% |
| Other management and administration charges | 0.0% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (2 years, 0 months)
|
|
Fergus Mcdonald |
Currently: Head of Bonds & Currency and Member of Investment Committee (24 years, 9 months)
|
|
Ian Bellew |
Currently: Fixed Income Manager (13 years, 3 months)
|
|
Matthew Johnson |
Currently: Fixed Income Manager (6 years, 6 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.81% | 5.07% |
| 2024 | 3.51% | 4.22% |
| 2023 | -0.13% | 0.22% |
| 2022 | -1.68% | -3.79% |
| 2021 | 1.56% | 2.91% |
| 2020 | 1.64% | 2.62% |
| 2019 | 2.37% | 5.17% |
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 31st March 2025.
Housing NZ 1.534% 10/09/2035
New Zealand NZ Fixed Interest AAA
NZ Local Govt Funding Agency 150437 2.00 Gb
New Zealand NZ Fixed Interest AAA
Insurance Australia Group Ltd 150628 5.32 Cb
Australia NZ Fixed Interest BBB
Nzlgfa 3% 15/05/2035
New Zealand NZ Fixed Interest AAA
Westpac New Zealand Ltd 160932 6.19 Cb
New Zealand NZ Fixed Interest A
Housing NZ 3.42% 18/10/2028
New Zealand NZ Fixed Interest AAA
Dunedin City Treasury 101033 4.966 Lb
New Zealand NZ Fixed Interest AA-
Auckland Council 170639 5.745 Cb
New Zealand NZ Fixed Interest AA
NZD BNP Paribas A/C
New Zealand Cash and Equivalents AA-
Chorus Ltd 4.35% 06/12/2028
New Zealand NZ Fixed Interest BBB
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 8.46% |
| New Zealand Fixed Interest | 100.0% | 91.54% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.
