Funds

Whai Rawa Mataī - Balanced Fund

Total Ethical Concerns: 6.93%

The average total concerns of all managed balanced funds is 8.32%.

Companies of Concern

  • Animal Cruelty 1.72%

    • Air Liquide
      0.35%
      0.35%
    • Ecolab, Inc.
      0.32%
      0.32%
    • 0.17%
    • Unilever PLC
      0.12%
      0.12%
    • Symrise AG
      0.07%
      0.07%
    • Colgate-Palmolive Co.
      0.05%
      0.05%
    • Koninklijke Ahold Delhaize Nv
      0.05%
      0.05%
    • Hermès International Sca
      0.04%
      0.04%
    • Nomad Foods Ltd
      0.04%
      0.04%
    • Orbia Advance Corp. Sab De Cv
      0.04%
      0.04%
    • The Sherwin-Williams Co.
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Church & Dwight Co., Inc.
      0.03%
      0.03%
    • Givaudan Finance Europe Bv
      0.03%
      0.03%
    • Kimberly-Clark Corp.
      0.03%
      0.03%
    • L'Oréal SA
      0.03%
      0.03%
    • Argentum Netherlands Bv
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Eastman Chemical Co.
      0.02%
      0.02%
    • Henkel AG & Co. Kgaa
      0.02%
      0.02%
    • Yara International Asa
      0.02%
      0.02%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Rpm International, Inc.
      0.01%
      0.01%
    • Shin-Etsu Chemical Co., Ltd.
      0.01%
      0.01%
  • Human Rights Violations 1.54%

    • 0.52%
    • 0.16%
    • Nestlé
      0.10%
      0.10%
    • UBS
      0.09%
      0.09%
    • Wells Fargo
      0.08%
      0.08%
    • 0.07%
    • Caterpillar
      0.06%
      0.06%
    • General Motors
      0.04%
      0.04%
    • Holcim
      0.03%
      0.03%
    • Rio Tinto
      0.01%
      0.01%
  • Social Harm 0.03%

  • Fossil Fuels 3.21%

    • Contact Energy Ltd.
      0.84%
      1.5°C
      This company is on a 1.5°C pathway
      0.84%
    • Nextera Energy, Inc.
      0.25%
      0.25%
    • National Grid PLC
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • Channel Infrastructure
      0.12%
      0.12%
    • American Electric Power Co., Inc.
      0.11%
      0.11%
    • Consolidated Edison, Inc.
      0.09%
      0.09%
    • Duke Energy Corp
      0.08%
      0.08%
    • Xcel Energy, Inc.
      0.08%
      0.08%
    • Cheniere Energy, Inc.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Dominion Energy, Inc.
      0.07%
      0.07%
    • Kinder Morgan, Inc.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Pg&E Corp
      0.06%
      0.06%
    • The Williams Cos., Inc.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Atmos Energy Corp.
      0.05%
      0.05%
    • Oneok, Inc.
      0.05%
      0.05%
    • Pembina Pipeline Corp.
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Keyera Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Korea Electric Power Corporation (Kepco)
      0.04%
      0.04%
    • Pinnacle West Capital Corp.
      0.04%
      0.04%
    • Sempra Energy
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • The Southern Co.
      0.04%
      0.04%
    • Électricité De France SA
      0.04%
      0.04%
    • Enel
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Eneos Holdings, Inc.
      0.03%
      0.03%
    • Fairfax Financial Holdings Ltd.
      0.03%
      0.03%
    • Hd Hyundai Co., Ltd.
      0.03%
      0.03%
    • National Grid North America, Inc.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Portland General Electric Co.
      0.03%
      0.03%
    • Rwe AG
      0.03%
      0.03%
    • Snam Spa
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Constellation Energy Corp.
      0.02%
      0.02%
    • E.On Se
      0.02%
      0.02%
    • Enbridge, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Endesa SA
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Engie SA
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • 0.02%
    • Hess Midstream Lp
      0.02%
      0.02%
    • Marathon Petroleum Corp.
      0.02%
      0.02%
    • Nisource, Inc.
      0.02%
      0.02%
    • Targa Resources Corp.
      0.02%
      0.02%
    • Tc Energy Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Algonquin Power & Utilities Corp.
      0.01%
      0.01%
    • Altagas Ltd.
      0.01%
      0.01%
    • Berkshire Hathaway Energy Co.
      0.01%
      0.01%
    • Delta Air Lines, Inc.
      0.01%
      0.01%
    • Enterprise Products Partners Lp
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Nrg Energy, Inc.
      0.01%
      0.01%
    • Rio Tinto
      0.01%
      0.01%
    • Royal Vopak Nv
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Southern Power Co.
      0.01%
      0.01%
    • Valero Energy Corp.
      0.01%
      0.01%
    • Vistra Energy
      0.01%
      0.01%
    • Western Midstream Partners Lp
      0.01%
      0.01%
  • Weapons 0.2%

    • Amphenol Corp.
      0.09%
      0.09%
    • Howmet Aerospace, Inc.
      0.08%
      0.08%
    • Ati, Inc. (Texas)
      0.01%
      0.01%
  • Environmental Harm 0.61%

    • Unilever PLC
      0.12%
      0.12%
    • Coca-Cola
      0.11%
      0.11%
    • Duke Energy Corp
      0.08%
      0.08%
    • PepsiCo
      0.08%
      0.08%
    • Pg&E Corp
      0.06%
      0.06%
    • 3M
      0.03%
      0.03%
    • Mondelez
      0.03%
      0.03%
    • Danone
      0.02%
      0.02%
    • Nutrien Ltd.
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The Whai Rawa Mataī-Balanced Fund invests in a wide range of assets and seeks to provide long-term capital growth by using a diversified portfolio with a slight bias towards growth assets. This fund may be suitable for investors who want a diversified investment with exposure to shares and real assets. Investors need to be comfortable with greater fluctuations in returns than can be expected from the Tōtara-Conservative Fund.

    Value $31.5M NZD
    Period of data report 31st March 2025
    Fund started 17th Feb. 2020
    Total annual fund fees 0.67%
    Total performance based fees 0.0%
    Manager's basic fee 0.0%
    Other management and administration charges 0.67%
    Total other charges 0.0
    Total other charges currency NZD

    Anthony Bow

    Currently: Chair (0 years, 4 months)
    Previously: Board Member, Whai Rawa Fund Limited (other position currently held) (7 years, 1 months)

    Juliet Tainui-Hernandez

    Currently: Deputy Chair (0 years, 1 months)
    Previously: Director, ASB Bank Limited Board (other position currently held) (0 years, 10 months)

    Kendall Flutey

    Currently: Board Member (1 years, 4 months)
    Previously: Employee, Banqer (other position currently held) (10 years, 3 months)

    Renata Davis

    Currently: Board Member (1 years, 1 months)
    Previously: Tumuaki/Partner, Kāhui Legal (other position currently held) (2 years, 11 months)

    Henrietta Carroll

    Currently: Board member (1 years, 1 months)
    Previously: Director, Tāwhaki JV (other position currently held) (0 years, 6 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.02% 4.13%
    2024 9.97% 9.86%
    2023 -2.59% -3.0%
    2022 1.06% 2.89%
    2021 18.16% 17.62%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • Apple Inc.

      United States International Equities

      1.62%
    • Nvidia Corporation

      United States International Equities

      1.55%
    • Microsoft Corporation

      United States International Equities

      1.41%
    • First Sentier Investments Global Listed Infrastructure Fund

      New Zealand Other

      1.28%
    • Auckland International Airport Limited

      New Zealand Australasian Equities

      1.24%
    • Infratil Limited

      New Zealand Australasian Equities

      1.15%
    • Housing New Zealand Limited Bond 3.36% 12/06/2025

      New Zealand NZ Fixed Interest AAA

      0.91%
    • New Zealand Government Bond 3.50% 14/04/2033

      New Zealand NZ Fixed Interest AAA

      0.87%
    • New Zealand Government Bond 4.50% 15/05/2035

      New Zealand NZ Fixed Interest AAA

      0.87%
    • Contact Energy Limited

      New Zealand Australasian Equities

      0.84%
    Type Target Actual
    Cash and Cash Equivalents 4.0% 4.42%
    New Zealand Fixed Interest 10.0% 11.31%
    International Fixed Interest 26.0% 27.22%
    Australasian Equities 13.0% 12.48%
    International Equities 39.0% 36.33%
    Listed Properties 0.0% 0.48%
    Unlisted Properties 3.0% 2.81%
    Other 5.0% 4.95%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2025 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.

Issues of Concern

  • 1.72% Animal Cruelty
  • 1.54% Human Rights Violations
  • 0.03% Social Harm
  • 3.21% Fossil Fuels
  • 0.2% Weapons
  • 0.61% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Air Liquide
      0.35%
      0.35%
    • Ecolab, Inc.
      0.32%
      0.32%
    • 0.17%
    • Unilever PLC
      0.12%
      0.12%
    • Symrise AG
      0.07%
      0.07%
    • Colgate-Palmolive Co.
      0.05%
      0.05%
    • Koninklijke Ahold Delhaize Nv
      0.05%
      0.05%
    • Hermès International Sca
      0.04%
      0.04%
    • Nomad Foods Ltd
      0.04%
      0.04%
    • Orbia Advance Corp. Sab De Cv
      0.04%
      0.04%
    • The Sherwin-Williams Co.
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Church & Dwight Co., Inc.
      0.03%
      0.03%
    • Givaudan Finance Europe Bv
      0.03%
      0.03%
    • Kimberly-Clark Corp.
      0.03%
      0.03%
    • L'Oréal SA
      0.03%
      0.03%
    • Argentum Netherlands Bv
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Eastman Chemical Co.
      0.02%
      0.02%
    • Henkel AG & Co. Kgaa
      0.02%
      0.02%
    • Yara International Asa
      0.02%
      0.02%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Rpm International, Inc.
      0.01%
      0.01%
    • Shin-Etsu Chemical Co., Ltd.
      0.01%
      0.01%
  • Human Rights Violations

    • 0.52%
    • 0.16%
    • Nestlé
      0.10%
      0.10%
    • UBS
      0.09%
      0.09%
    • Wells Fargo
      0.08%
      0.08%
    • 0.07%
    • Caterpillar
      0.06%
      0.06%
    • General Motors
      0.04%
      0.04%
    • Holcim
      0.03%
      0.03%
    • Rio Tinto
      0.01%
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.84%
      1.5°C
      This company is on a 1.5°C pathway
      0.84%
    • Nextera Energy, Inc.
      0.25%
      0.25%
    • National Grid PLC
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • Channel Infrastructure
      0.12%
      0.12%
    • American Electric Power Co., Inc.
      0.11%
      0.11%
    • Consolidated Edison, Inc.
      0.09%
      0.09%
    • Duke Energy Corp
      0.08%
      0.08%
    • Xcel Energy, Inc.
      0.08%
      0.08%
    • Cheniere Energy, Inc.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Dominion Energy, Inc.
      0.07%
      0.07%
    • Kinder Morgan, Inc.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Pg&E Corp
      0.06%
      0.06%
    • The Williams Cos., Inc.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Atmos Energy Corp.
      0.05%
      0.05%
    • Oneok, Inc.
      0.05%
      0.05%
    • Pembina Pipeline Corp.
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Keyera Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Korea Electric Power Corporation (Kepco)
      0.04%
      0.04%
    • Pinnacle West Capital Corp.
      0.04%
      0.04%
    • Sempra Energy
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • The Southern Co.
      0.04%
      0.04%
    • Électricité De France SA
      0.04%
      0.04%
    • Enel
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Eneos Holdings, Inc.
      0.03%
      0.03%
    • Fairfax Financial Holdings Ltd.
      0.03%
      0.03%
    • Hd Hyundai Co., Ltd.
      0.03%
      0.03%
    • National Grid North America, Inc.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Portland General Electric Co.
      0.03%
      0.03%
    • Rwe AG
      0.03%
      0.03%
    • Snam Spa
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Constellation Energy Corp.
      0.02%
      0.02%
    • E.On Se
      0.02%
      0.02%
    • Enbridge, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Endesa SA
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Engie SA
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • 0.02%
    • Hess Midstream Lp
      0.02%
      0.02%
    • Marathon Petroleum Corp.
      0.02%
      0.02%
    • Nisource, Inc.
      0.02%
      0.02%
    • Targa Resources Corp.
      0.02%
      0.02%
    • Tc Energy Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Algonquin Power & Utilities Corp.
      0.01%
      0.01%
    • Altagas Ltd.
      0.01%
      0.01%
    • Berkshire Hathaway Energy Co.
      0.01%
      0.01%
    • Delta Air Lines, Inc.
      0.01%
      0.01%
    • Enterprise Products Partners Lp
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Nrg Energy, Inc.
      0.01%
      0.01%
    • Rio Tinto
      0.01%
      0.01%
    • Royal Vopak Nv
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Southern Power Co.
      0.01%
      0.01%
    • Valero Energy Corp.
      0.01%
      0.01%
    • Vistra Energy
      0.01%
      0.01%
    • Western Midstream Partners Lp
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.09%
      0.09%
    • Howmet Aerospace, Inc.
      0.08%
      0.08%
    • Ati, Inc. (Texas)
      0.01%
      0.01%
  • Environmental Harm

    • Unilever PLC
      0.12%
      0.12%
    • Coca-Cola
      0.11%
      0.11%
    • Duke Energy Corp
      0.08%
      0.08%
    • PepsiCo
      0.08%
      0.08%
    • Pg&E Corp
      0.06%
      0.06%
    • 3M
      0.03%
      0.03%
    • Mondelez
      0.03%
      0.03%
    • Danone
      0.02%
      0.02%
    • Nutrien Ltd.
      0.01%
      0.01%

About this Fund

The Whai Rawa Mataī-Balanced Fund invests in a wide range of assets and seeks to provide long-term capital growth by using a diversified portfolio with a slight bias towards growth assets. This fund may be suitable for investors who want a diversified investment with exposure to shares and real assets. Investors need to be comfortable with greater fluctuations in returns than can be expected from the Tōtara-Conservative Fund.

Value $31.5M NZD
Period of data report 31st March 2025
Fund started 17th Feb. 2020
Total annual fund fees 0.67%
Total performance based fees 0.0%
Manager's basic fee 0.0%
Other management and administration charges 0.67%
Total other charges 0.0
Total other charges currency NZD

Anthony Bow

Currently: Chair (0 years, 4 months)
Previously: Board Member, Whai Rawa Fund Limited (other position currently held) (7 years, 1 months)

Juliet Tainui-Hernandez

Currently: Deputy Chair (0 years, 1 months)
Previously: Director, ASB Bank Limited Board (other position currently held) (0 years, 10 months)

Kendall Flutey

Currently: Board Member (1 years, 4 months)
Previously: Employee, Banqer (other position currently held) (10 years, 3 months)

Renata Davis

Currently: Board Member (1 years, 1 months)
Previously: Tumuaki/Partner, Kāhui Legal (other position currently held) (2 years, 11 months)

Henrietta Carroll

Currently: Board member (1 years, 1 months)
Previously: Director, Tāwhaki JV (other position currently held) (0 years, 6 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 4.02% 4.13%
2024 9.97% 9.86%
2023 -2.59% -3.0%
2022 1.06% 2.89%
2021 18.16% 17.62%

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 31st March 2025.

Top 10 Investments

  • Apple Inc.

    United States International Equities

    1.62%
  • Nvidia Corporation

    United States International Equities

    1.55%
  • Microsoft Corporation

    United States International Equities

    1.41%
  • First Sentier Investments Global Listed Infrastructure Fund

    New Zealand Other

    1.28%
  • Auckland International Airport Limited

    New Zealand Australasian Equities

    1.24%
  • Infratil Limited

    New Zealand Australasian Equities

    1.15%
  • Housing New Zealand Limited Bond 3.36% 12/06/2025

    New Zealand NZ Fixed Interest AAA

    0.91%
  • New Zealand Government Bond 3.50% 14/04/2033

    New Zealand NZ Fixed Interest AAA

    0.87%
  • New Zealand Government Bond 4.50% 15/05/2035

    New Zealand NZ Fixed Interest AAA

    0.87%
  • Contact Energy Limited

    New Zealand Australasian Equities

    0.84%
Type Target Actual
Cash and Cash Equivalents 4.0% 4.42%
New Zealand Fixed Interest 10.0% 11.31%
International Fixed Interest 26.0% 27.22%
Australasian Equities 13.0% 12.48%
International Equities 39.0% 36.33%
Listed Properties 0.0% 0.48%
Unlisted Properties 3.0% 2.81%
Other 5.0% 4.95%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.