NZ Funds Equity Inflation Portfolio

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.

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:

• Citibank New Zealand NZD Current Account
  United States Cash and Equivalents A-1
  15.44%
• Suvretta Offshore Fund
  Cayman Islands International Equities
  11.07%
• Goldman Sachs NZD Margin Account
  United Kingdom Cash and Equivalents A-1
  10.6%
• Citibank Hong Kong USD Current Account
  United States Cash and Equivalents A-1
  8.98%
• Westpac Bank Bill 14/04/2020
  New Zealand Cash and Equivalents A-1+
  8.31%
• United States Government Bond 1.5% 15/02/2030
  United States Int Fixed Interest AAA
  7.66%
• National Australia Bank Income Securities Perpetual
  Australia Int Fixed Interest BBB-
  5.82%
• Emerson Point Capital Partners Lp
  United States International Equities
  4.72%
• New Zealand Government Bond 3% 20/04/2029
  New Zealand NZ Fixed Interest AAA
  4.09%
• Universa Black Swan Protection Protocol
  Cayman Islands Other
  3.98%

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.

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 concern
  Does this fund say it excludes this?
  Actual holdings
• Adult Entertainment/Pornography:
  0.00%
• Alcohol:
  0.80%
• Animal Testing:
  1.82%
• Fossil Fuels:
  1.22%
• Gambling:
  0.00%
• GMOs:
  0.25%
• Human Rights & Environmental Violations:
  0.95%
• Palm Oil:
  0.00%
• Tobacco:
  0.36%
• Weapons:
  0.56%

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.

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 Equity Inflation Portfolio is to mitigate the impact of inflation on your investment over the medium and/or long term. The fund is anticipated to hold mainly Australasian and international bonds and international shares."

Key Personnel

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

• Portfolio holdings v