Not Mindful
Fund type: Conservative 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
Atmos Energy Corporation 0.02%
Enagas SA 0.01%
Enbridge Inc. 0.02%
Energy Transfer Operatng Sr Unsec 0.03%
Enterprise Products Partners L.P. 0.11%
Kinder Morgan Inc Class P 0.19%
Lyondellbasell Industries Nv 0.02%
Naturgy Energy Group, S.A. 0.01%
Parkland Corporation 0.01%
Qatar Petroleum Sr Unsec 144A 0.01%
Qatar Petroleum Sr Unsec Regs 0.03%
Snam S.P.A. 0.01%
Tc Energy Corporation 0.02%
Williams Companies, Inc. 0.03%
Weapons
Booz Allen Hamilton Holding Corporation Class A 0.01%
Hexcel Corporation 0.22%
Alcohol
Anheuser-Busch Inbev Worldwide, Inc. 5.875% 15-Jun-2035 0.12%
Carlsberg As Class B 0.01%
Constellation Brands, Inc. Class A 0.01%
Delegat Group Limited 0.09%
Diageo PLC 0.02%
Heineken Holding N.V. 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.01%
Molson Coors Beverage Company Class B 0.01%
GMOs
Corteva Inc 0.01%
Human Rights & Environmental Violations
Bayer US Finance Ii Llc Sr Unsec 144A 0.04%
Credit Suisse Group AG 7.5% Perp 0.16%
Credit Suisse Group AG Sr Unsec 144A 0.02%
Credit Suisse Group AG Srunsec 144A Sofr 0.01%
Energy Transfer Operatng Sr Unsec 0.03%
Johnson & Johnson 0.08%
Rio Tinto PLC 0.04%
Animal Testing
Associated British Foods PLC 0.01%
Bayer US Finance Ii Llc Sr Unsec 144A 0.04%
Celanese Corporation 0.01%
Corteva Inc 0.01%
Danone SA 0.01%
Dow, Inc. 0.01%
Dupont De Nemours, Inc. 0.01%
Eastman Chemical Company 0.01%
Fmc Corporation 0.01%
Glaxosmithkline PLC 0.02%
Henkel AG & Co. Kgaa 0.01%
Henkel AG & Co. Kgaa Pref 0.01%
Johnson & Johnson 0.08%
Kao Corp. 0.01%
Keurig Dr Pepper Inc. 0.01%
Kimberly-Clark Corporation 0.01%
L'Oreal S.A. 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.01%
Linde PLC 0.01%
Lyondellbasell Industries Nv 0.02%
Mondelez International, Inc. Class A 0.03%
Procter & Gamble Company 0.06%
Reckitt Benckiser Group PLC 0.01%
Reckitt Benckiser Tsy Sr Unsec 144A 0.03%
Sherwin-Williams Company 2.95% 15-Aug-2029 0.19%
Tesco Prop Fin 6 PLC 0.01%
Tesco Property Fin 4 PLC Mtge Backed 0.01%
Unilever PLC 0.01%
Yara International Asa 0.01%
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 | -0.26% | -0.72% |
2021 | 8.99% | 9.06% |
2020 | 0.27% | 0.85% |
2019 | 4.19% | 5.1% |
2018 | 3.39% | 3.92% |
2017 | 3.28% | 4.05% |
2016 | 2.92% | 3.92% |
2015 | 8.63% | 7.36% |
2014 | 5.69% | 4.5% |
2013 | 8.30% | 7.21% |
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:
-
ANZ 10 A/C - Current Accounts
New Zealand Cash and Equivalents6.93% -
Bayfair Shopping Centre - Retail
New Zealand Unlisted Property2.1% -
Government Of New Zealand 3.5% 14-Apr-2033
New Zealand NZ Fixed Interest AAA1.63% -
Government Of New Zealand 3.0% 20-Apr-2029
New Zealand NZ Fixed Interest AAA1.42% -
Government Of New Zealand 2.0% 20-Sep-2025
New Zealand NZ Fixed Interest AAA1.16% -
Westpac Bank Deposit Ac - Deposit Accounts 04/07/2022
New Zealand Cash and Equivalents1.13% -
Government Of New Zealand 2.75% 15-Apr-2037
New Zealand NZ Fixed Interest AAA1.07% -
Government Of New Zealand 2.75% 15-Apr-2025
New Zealand NZ Fixed Interest AAA1.01% -
10Y Japan Govt Bond (Ose) Future Jun 22 12/06/2022
Japan Int Fixed Interest0.97% -
Government Of New Zealand 4.5% 15-Apr-2027
New Zealand NZ Fixed Interest AAA0.88%
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 | 14.5% | 9.42% |
New Zealand Fixed Interest | 26.0% | 30.83% |
International Fixed Interest | 32.0% | 29.85% |
Australasian Equities | 5.5% | 5.97% |
International Equities | 12.0% | 13.32% |
Listed Properties | 0.0% | 0.0% |
Unlisted Properties | 5.0% | 5.15% |
Other | 5.0% | 5.46% |
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:0.28%
-
Animal Testing:0.68%
-
Fossil Fuels:0.52%
-
Gambling:0.00%
-
GMOs:0.01%
-
Human Rights & Environmental Violations:0.38%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.23%
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 aims to provide stable returns over the long term by investing mainly in income assets with a modest allocation to growth assets"
Value | $36M NZD |
Period of data report | Thu March 31st 2022 |
Fund started | Sun Oct. 1st 2006 |
Total annual fund fees | 0.89% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.85% |
Other management and administration charges | 0.04% |
Total other charges | 65.39 |
Total other charges currency | NZD |
Key Personnel
Ashley Gardyne |
Currently: Chief Investment Officer and Senior Portfolio Manager, International Equities (0 years, 9 months) |
David Mcleish |
Currently: Senior Portfolio Manager, Fixed Interest (11 years, 0 months) |
Mark Brighouse |
Currently: Chief Investment Strategist (4 years, 8 months) |
Sam Dickie |
Currently: Senior Portfolio Manager, NZ Equities (5 years, 1 months) |
Brent Buchanan |
Currently: Head of Direct Property (13 years, 10 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.