Not Mindful
Fund type: Balanced 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 0.03%
Enagas SA 0.03%
Enbridge Inc. 0.05%
Enterprise Products Partners L.P. 0.17%
Kinder Morgan Inc Class P 0.33%
Lyondellbasell Industries Nv 0.04%
Naturgy Energy Group, S.A. 0.03%
New Zealand Refining Co. Ltd. 5.1% 01-Mar-2034 0.15%
Parkland Corporation 0.03%
Snam S.P.A. 0.03%
Tc Energy Corporation 0.05%
Williams Companies, Inc. 0.06%
Weapons
Booz Allen Hamilton Holding Corporation Class A 0.02%
Hexcel Corporation 0.38%
Tobacco
Seven & I Holdings Co., Ltd. 0.05%
Alcohol
Anheuser-Busch Inbev Worldwide, Inc. 5.875% 15-Jun-2035 0.08%
Carlsberg As Class B 0.03%
Constellation Brands, Inc. Class A 0.03%
Delegat Group Limited 0.29%
Diageo PLC 0.06%
Heineken Holding N.V. 0.03%
LVMH Moet Hennessy Louis Vuitton Se 0.03%
Molson Coors Beverage Company Class B 0.02%
GMOs
Corteva Inc 0.02%
Human Rights & Environmental Violations
Johnson & Johnson 0.18%
Rio Tinto Limited 0.13%
Rio Tinto PLC 0.10%
Animal Testing
Associated British Foods PLC 0.03%
Celanese Corporation 0.02%
Corteva Inc 0.02%
Danone SA 0.03%
Dow, Inc. 0.02%
Dupont De Nemours, Inc. 0.03%
Eastman Chemical Company 0.02%
Fmc Corporation 0.03%
Glaxosmithkline PLC 0.05%
Henkel AG & Co. Kgaa 0.02%
Henkel AG & Co. Kgaa Pref 0.02%
Johnson & Johnson 0.18%
Kao Corp. 0.02%
Keurig Dr Pepper Inc. 0.02%
Kimberly-Clark Corporation 0.02%
L'Oreal SA 0.02%
LVMH Moet Hennessy Louis Vuitton Se 0.03%
Linde PLC 0.02%
Lyondellbasell Industries Nv 0.04%
Mondelez International, Inc. Class A 0.08%
Procter & Gamble Company 0.15%
Reckitt Benckiser Group PLC 0.03%
Seven & I Holdings Co., Ltd. 0.05%
Sherwin-Williams Company 2.95% 15-Aug-2029 0.13%
Unilever PLC 0.03%
Yara International Asa 0.02%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Sept. 30th 2021 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 |
|---|---|---|
| 2021 | 17.44% | 18.87% |
| 2020 | -2.28% | -0.24% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
-
ANZ 10 A/C - Current Accounts
New Zealand Cash and Equivalents11.76% -
Bayfair Shopping Centre - Retail
New Zealand Unlisted Property1.57% -
Mainfreight Limited
New Zealand Australasian Equities1.46% -
Jpm USD Call A/C - Current Accounts 31/12/2021
New Zealand Cash and Equivalents1.34% -
Meta Platforms Inc. Class A
United States International Equities1.3% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities1.25% -
Infratil Limited
New Zealand Australasian Equities1.18% -
Emini S&P 500 (Cme) Mar 22 18/03/2022
New Zealand International Equities1.09% -
Alphabet Inc. Class A
United States International Equities1.08% -
Signature Bank
United States International Equities0.97%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 7.0% | 13.18% |
| New Zealand Fixed Interest | 17.8% | 17.11% |
| International Fixed Interest | 18.3% | 15.73% |
| Australasian Equities | 16.2% | 15.35% |
| International Equities | 31.3% | 29.77% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 4.7% | 3.79% |
| Other | 4.7% | 5.07% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Dec. 31st 2021.
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.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.57%
-
Animal Testing:1.13%
-
Fossil Fuels:1.00%
-
Gambling:0.00%
-
GMOs:0.02%
-
Human Rights & Environmental Violations:0.41%
-
Palm Oil:0.00%
-
Tobacco:0.05%
-
Weapons:0.40%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Sept. 30th 2021 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
"This investment option aims to provide a balance between stability of returns and growing your investment over the long term by investing in a mix of income and growth assets and is automatically rebalanced each year to the target investment mix of 45% Conservative Fund and 55% Growth Fund"
| Value | $120M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Fund started | Tue July 31st 2018 |
| Total annual fund fees | 2.13% |
| Total performance based fees | 0.75% |
| Manager's basic fee | 1.2% |
| Other management and administration charges | 0.18% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Ashley Gardyne |
Currently: Chief Investment Officer and Senior Portfolio Manager International Equities (0 years, 6 months) |
|
David Mcleish |
Currently: Senior Portfolio Manager Fixed Interest (10 years, 9 months) |
|
Mark Brighouse |
Currently: Chief Investment Strategist (4 years, 5 months) |
|
Sam Dickie |
Currently: Senior Portfolio Manager NZ Equities (4 years, 10 months) |
|
Robbie Urquhart |
Currently: Senior Portfolio Manager Australian Equities (3 years, 7 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
