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 objective of the Cash Portfolio fund is to provide a source of capital. The fund is anticipated to hold mainly cash and cash equivalents.

Value $83.1M NZD
Period of data report 30th Sept. 2023
Fund started 28th Feb. 2008
Total annual fund fees 0.11%
Total performance based fees 0.0%
Manager's basic fee 0.04%
Other management and administration charges 0.07%
Total other charges 0.0
Total other charges currency NZD

Michael Lang

Currently: Chief Executive and a Director (5 years, 0 months)
Previously: Chief Investment Officer, New Zealand Funds Management Limited (10 years, 1 months)

Mark Brooks

Currently: Head of Income and a Principal (15 years, 10 months)
Previously: Senior Portfolio Manager, Credaris (3 years, 4 months)

David Haslam

Currently: Senior Dealer (6 years, 9 months)
Previously: Equities Trader, UBS NZ (0 years, 11 months)

Paul Van Wetering

Currently: Head of Investment Operations and Responsible Investing (3 years, 9 months)
Previously: Investment Analyst, New Zealand Funds Management Limited (6 years, 10 months)

Casey Keiper

Currently: Senior Equity Analyst (1 years, 0 months)
Previously: Equity Analyst, Hobson Wealth (1 years, 4 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% 1.92%
2022 -2.46% 0.38%
2021 2.15% -0.24%
2020 1.75% 0.74%
2019 2.76% 1.32%
2018 1.94% 1.3%
2017 1.52% 1.42%
2016 2.91% 2.17%
2015 5.21% 2.45%
2014 1.36% 1.86%

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 Bank Bill 5.675% 09/10/2023
    New Zealand Cash and Equivalents A-1+
    10.59%
  • Kiwibank Bank Bill 5.66% 12/12/2023
    New Zealand Cash and Equivalents A-1
    10.48%
  • ASB Bank Bill 5.65% 31/10/2023
    New Zealand Cash and Equivalents A-1+
    8.79%
  • Westpac Bank Bill 5.925% 28/12/2023
    New Zealand Cash and Equivalents A-1+
    7.84%
  • Kiwibank Bank Bill 5.65% 06/12/2023
    New Zealand Cash and Equivalents A-1
    6.99%
  • ASB Bank Bill 5.655% 13/12/2023
    New Zealand Cash and Equivalents A-1+
    6.99%
  • Westpac Bank Bill 5.89% 20/12/2023
    New Zealand Cash and Equivalents A-1+
    6.98%
  • BNZ Bank Bill 5.70% 22/12/2023
    New Zealand Cash and Equivalents A-1+
    6.98%
  • Westpac Cash
    New Zealand Cash and Equivalents A-1+
    6.06%
  • Westpac Bank Bill 5.8583% 25/10/2023
    New Zealand Cash and Equivalents A-1+
    4.4%
Type Target Actual
Cash and Cash Equivalents 100.0% 100.0%
New Zealand Fixed Interest 0.0% 0.0%
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.