Issues of concern

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.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 30th Sept. 2023 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.

About this fund

The fund aims to provide stable returns and reduce the potential of capital loss over the short to medium term by investing in New Zealand cash and New Zealand short term fixed interest assets

Value $12.6M NZD
Period of data report 30th Sept. 2023
Fund started 30th April 2008
Total annual fund fees 0.8%
Total performance based fees 0.0%
Manager's basic fee 0.51%
Other management and administration charges 0.29%
Total other charges 0.0
Total other charges currency NZD

Ashley Gardyne

Currently: Chief Investment Officer (2 years, 3 months)
Previously: Senior Portfolio Manager, International Equities, Fisher Funds Management Limited (5 years, 5 months)

David Mcleish

Currently: Senior Portfolio Manager, Fixed Interest (12 years, 6 months)
Previously: Executive Director, Goldman Sachs International, London (3 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.

Past Returns

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
2023 -0.79% 1.68%
2022 -2.46% -0.46%
2021 2.15% 0.61%
2020 1.75% 0.86%
2019 2.76% 1.55%
2018 1.94% 1.56%
2017 1.52% 1.52%
2016 2.91% 2.0%
2015 5.21% 2.19%
2014 1.36% 1.75%

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 30th Sept. 2023.

Top 10 Investments

  • ANZ 10 A/C - Current Accounts
    New Zealand Cash and Equivalents
    17.37%
  • Westpac NZ Limited 06/07/2026 Frn
    New Zealand NZ Fixed Interest AA-
    4.61%
  • New Zealand Local Government Funding Agency 15/04/25 2.75%
    New Zealand NZ Fixed Interest AAA
    3.71%
  • Auckland Int Airport Ltd 11/10/2025 Frn
    New Zealand NZ Fixed Interest A-
    3.43%
  • Bank Of New Zealand 18/03/2024 Frn
    New Zealand Cash and Equivalents AA-
    3.37%
  • ANZ Bank NZ Limited 20/03/2024 3.03%
    New Zealand Cash and Equivalents AA-
    2.65%
  • New Zealand Local Government Funding Agency 15/04/24 2.25%
    New Zealand NZ Fixed Interest AAA
    2.63%
  • Rabobank NZ Limited 16/03/2026 Frn
    New Zealand NZ Fixed Interest AA
    2.33%
  • ASB Bank Ltd 19/08/2024 1.83%
    New Zealand NZ Fixed Interest AA-
    1.97%
  • Transpower NZ Limited 14/09/2026 Frn
    New Zealand NZ Fixed Interest AA-
    1.92%
Type Target Actual
Cash and Cash Equivalents 50.0% 38.77%
New Zealand Fixed Interest 50.0% 61.23%
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%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.