Mindful Fund
Fund type: Growth 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.
Gambling
Crown Resorts Ltd 0.04%
Vici Properties Inc 0.26%
Human Rights & Environmental Violations
Nestle SA 0.82%
Animal Testing
Axalta Coating Systems Ltd 0.20%
Ecolab Inc 0.42%
Nestle SA 0.82%
Procter & Gamble Co/The 0.77%
Tesco PLC 0.28%
Unilever PLC 0.39%
This data is compiled by Mindful Money from the fund information and portfolios that each 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.
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 | 1.53% | 4.13% |
2021 | 32.66% | 34.63% |
2020 | -4.45% | -8.58% |
2019 | 6.15% | 5.76% |
2018 | 8.66% | 7.64% |
2017 | 7.20% | 8.91% |
2016 | 5.40% | -2.18% |
2015 | 12.09% | 12.98% |
2014 | 9.56% | 7.06% |
2013 | 13.67% | 12.52% |
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 fund has filed with Disclose register to Thu March 31st 2022.
Showing the top 10 investments for this fund:
-
Ril International Share Fund
Australia International Equities56.32% -
Ausbil ESG Focus Fund
Antigua and Barbuda Australasian Equities11.7% -
Prologis Inc
United States International Equities0.85% -
Mainfreight Ltd
New Zealand Australasian Equities0.84% -
Fisher & Paykel Healthcare Corp Ltd
New Zealand Australasian Equities0.83% -
Ebos Group Ltd
New Zealand Australasian Equities0.65% -
Contact Energy Ltd
New Zealand Australasian Equities0.46% -
Auckland International Airport Ltd
New Zealand Australasian Equities0.42% -
Infratil Ltd
New Zealand Australasian Equities0.42% -
Summerset Group Holdings Ltd
New Zealand Australasian Equities0.42%
This information has been sourced from the quarterly data that each 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 | 5.0% | 7.88% |
New Zealand Fixed Interest | 2.5% | 2.29% |
International Fixed Interest | 2.5% | 1.34% |
Australasian Equities | 22.5% | 20.27% |
International Equities | 57.5% | 57.18% |
Listed Properties | 10.0% | 11.04% |
Unlisted Properties | 0.0% | 0.0% |
Other | 0.0% | 0.0% |
Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each 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).
The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.00%
-
Animal Testing:2.90%
-
Fossil Fuels:0.00%
-
Gambling:0.30%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.83%
-
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 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
Note that many 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 fund is a diversified portfolio that is primarily invested in a mix of growth assets (e.G., shares and listed property), with a moderate allocation to a mix of income assets (e.G., cash and fixed income). The fund takes a responsible investment approach and is managed to specific `responsible investment’ criteria which prohibit investments in certain companies or activities, and encourage investment in companies with strong environmental, social and governance characteristics. This fund is governed by the Ethical Leaders Charter and has been certified by the Responsible Investment Association of Australasia (RIAA). Macquarie is one of New Zealand’s largest investment managers. Our experience and leadership across global asset classes not only provides insights into ever-changing markets, but also means we are at the forefront of developing contemporary investment solutions for New Zealand clients."
Value | $13M NZD |
Period of data report | Thu March 31st 2022 |
Fund started | Tue June 6th 1995 |
Total annual fund fees | 1.46% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.2% |
Other management and administration charges | 0.26% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Rebekah Swan |
Currently: Head of New Zealand Public Investments, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Vicky Hyde-Smith |
Currently: Associate Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Grant Hassell |
Currently: Division Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Michael Gray |
Currently: Head of Investment Strategy (NZ), Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Supriya Edwards |
Currently: Investment Specialist, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.