Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including any membership and % management 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.
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.
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|
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
Vector Ltd 4.996% 14/03/2024
New Zealand NZ Fixed Interest BBB9.05%
Citibank Australia AUD Current Account
United States Cash and Equivalents A-18.68%
Westpac Banking 4.695% 01/09/2026
New Zealand NZ Fixed Interest BBB5.84%
Citibank Hong Kong USD Current Account
United States Cash and Equivalents A-15.44%
Wel Networks 4.9% 02/08/2023
New Zealand NZ Fixed Interest UNRATED5.07%
Citibank New Zealand NZD Current Account
United States Cash and Equivalents A-15.07%
Precinct Properties New Zealand 4.42% 27/11/2024
New Zealand NZ Fixed Interest UNRATED4.37%
Westpac Bank Bill 14/04/2020
New Zealand Cash and Equivalents A-1+4.23%
Insurance Australia Group 5.15% 15/06/2043
New Zealand NZ Fixed Interest BBB4.17%
Property For Industry 4.59% 28/11/2024
New Zealand NZ Fixed Interest UNRATED4.0%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.
How the money in this fund is invested against the fund's targets.
|Cash and Cash Equivalents||5.0%||27.53%|
|New Zealand Fixed Interest||80.0%||60.27%|
|International Fixed Interest||15.0%||12.2%|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.
Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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
Human Rights & Environmental Violations:0.00%
Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.
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.
In their own words
"The objective of the Core Income Portfolio is to provide exposure to income assets. The fund is anticipated to hold mainly Australasian bonds."
|Period of data report||Tue June 30th 2020|
|Fund started||Wed July 23rd 2008|
|Total annual fund fees||1.52%|
|Total performance based fees||0.0%|
|Manager's basic fee||1.44%|
|Total other charges||0.0|
|Total other charges currency||NZD|
Currently: Chief Executive and a Director (1 years, 6 months)
Currently: Chief Investment Officer and a Principal (1 years, 4 months)
Currently: Senior Dealer (3 years, 3 months)
Currently: Head of Income and a Principal (12 years, 4 months)
Currently: Chief Operating Officer - Investments and a Principal (1 years, 4 months)
Download the fund's disclosure statement and portfolio holdings.