Whai Rawa Balanced Fund

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Not Mindful
Type: Balanced fund
Past Returns: No 3 year data yet

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.8%

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.


Fossil Fuel

Aker BP Asa 0.03%
Apa Group 0.02%
Apt Pipelines Ltd 4.25% Due 07-15-2027 0.01%
BP Cap Mkts Amer Fixed 3.017% Due 01-16-2027 0.02%
Enbridge Inc 0.05%
Exxon Mobil Corp 3.043% Due 03-01-2026 0.01%
Firstenergy Corp 3.9% 07-15-2027 0.01%
Firstenergy Corp USD 0.03%
Kinder Morgan Inc 1.5% Due 03-16-2022 0.01%
Koninklijke Vopak Nv 0.05%
Korea Gas Corp 3.875% Due 02-12-2024 0.01%
Nextera Energy Cap Hldgs Inc 2.75% Due 11-01-2029 0.02%
Nextera Energy Inc 0.12%
Oneok Partners L P 3.375% Due 10-01-2022 0.01%
Pvtpl Eni S P A Nt X 4.75% Due 09-12-2028 0.01%
Snam Spa 0.04%
Statoil Asa 2.65% Due 01-15-2024 0.01%
Suez SA 0.17%
Wec Energy Group Inc 0.03%
Xcel Energy Inc 0.05%
Xcel Energy Inc 2.6% Due 12-01-2029 0.04%

Weapons

Booz Allen Hamilton Holding Corp 0.02%
Leidos Holdings 0.03%

Tobacco

Alcohol

Anheuser-Busch Cos Llc Corp 4.7% 02-01-2036 0.01%

GMOs

Novartis Cap Corp 4.4% Due 05-06-2044 0.02%
Novozymes A/S 0.12%
Nutrien Ltd 3.375% Due 03-15-2025 0.01%
Syngenta Finance Nv 0.03%

Human Rights & Environmental Violations

Johnson & Johnson 0.31%
Nutrien Ltd 3.375% Due 03-15-2025 0.01%
Sempra Energy USD 0.05%

Animal Testing

Beiersdorf AG 0.080%
Chr Hansen Holding A/S 0.250%
Coca-Cola Co 0.220%
Coca-Cola European Partners PLC 0.020%
Colgate-Palmolive Co 4% Due 08-15-2045 0.010%
Croda International PLC 0.060%
Danone SA 0.100%
Ecolab Inc 0.400%
Estee Lauder Companies Inc 0.070%
Givaudan SA 0.070%
Glaxosmithkline 6.375% Due 05-15-2038 0.010%
Henkel AG & Co Kgaa 0.090%
Jeronimo Martins Sgps SA 0.010%
Johnson & Johnson 0.310%
Kikkoman Corp 0.100%
Kimberly Clark 6.625% Due 08-01-2037 0.010%
Koninklijke Dsm Nv 0.220%
L'Oreal SA 0.150%
Novozymes A/S 0.120%
Procter & Gamble Co 0.150%
Symrise AG 0.230%
Syngenta Finance Nv 0.030%
Unilever Nv 0.090%
Unilever PLC 0.330%

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:

  • AMP Capital Investors NZ Cash Fund
    New Zealand Cash and Equivalents
    9.2%
  • Nikko AM Wholesale SRI Equity Fund
    New Zealand Australasian Equities
    8.94%
  • Robeco Global Credit Fund
    Australia Int Fixed Interest
    2.99%
  • First State Investments Global Listed Infrastructure Fund
    New Zealand Other
    1.87%
  • New Zealand Government Bond 5.5% 15/04/2023
    New Zealand NZ Fixed Interest AA+
    1.25%
  • Aviva Investors Multi-Strategy Fixed Income Fund
    Australia Int Fixed Interest
    1.2%
  • New Zealand Government Bond 3.5% 14/04/2033
    New Zealand NZ Fixed Interest AA+
    1.05%
  • New Zealand Government Bond 0.5% 15/05/2024
    New Zealand NZ Fixed Interest AA+
    0.92%
  • Kkr Global Infrastructure Investors Ii L.P. (& Nt Overlay)
    Australia Other
    0.91%
  • BNP New Zealand Dollar Custodial Account Socially Responsible Balanced Portfolio
    New Zealand Cash and Equivalents
    0.82%

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.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 9.99%
New Zealand Fixed Interest 10.0% 9.79%
International Fixed Interest 25.0% 24.6%
Australasian Equities 10.0% 9.04%
International Equities 28.5% 29.5%
Listed Properties 3.0% 3.05%
Unlisted Properties 3.0% 3.1%
Other 9.0% 9.42%
Commodities 1.5% 0.01%

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:
    0.04%
  • Animal Testing:
    3.20%
  • Fossil Fuels:
    0.91%
  • Gambling:
    0.00%
  • GMOs:
    0.19%
  • Human Rights & Environmental Violations:
    0.43%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.01%
  • Weapons:
    0.06%

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 Balanced Fund invests in a wide range of assets and seeks to provide long-term capital growth for your savings by using a diversified portfolio with a slight bias towards growth assets"

Value $7.0M NZD
Period of data report Tue June 30th 2020
Members 1,355
Fund started Mon Feb. 17th 2020
Total annual fund fees 0.8%
Total performance based fees 0.0%
Manager's basic fee 0.62%
Administration charges 0.18%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Fiona Pimm

Currently: Chair (2 years, 8 months)
Previously: Whai Rawa Board member (6 years, 2 months)

Paul Mersi

Currently: Board member (5 years, 4 months)
Previously: Financial Services & Tax Partner PWC (16 years, None months)

David Woods

Currently: Board member (3 years, 7 months)
Previously: Managing Director Oikocredit International Netherlands (3 years, 10 months)

Clare Murray

Currently: Board Member (2 years, 4 months)
Previously: Owner Consultant Murray & Co financial services (14 years, 3 months)

Anthony Bow

Currently: Board Member (2 years, 4 months)
Previously: Principal Waimana Capital Limited (3 years, 9 months)

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.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.