Whai Rawa Mataī-Balanced Fund

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Fund type: Balanced fund

Past Returns: No three year data yet

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

Annual Fees: 0.76%

Annual fees, including management and administration fees, but not membership 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

Apt Pipelines Ltd 150336 2.50 Cb 0.02%
Apt Pipelines Ltd 150727 4.25 Cb 0.03%
Atmos Energy Corp 0.02%
Cheniere Energy Inc 0.08%
Dominion Energy Inc 0.15%
Enbridge Inc 0.03%
Enterprise Products Partners Lp 0.05%
Hong Kong China Ga 0.01%
Keyera Corp Com 0.01%
Kinder Morgan Inc 150231 2.00 Cb 0.05%
Korea Gas Corp 120224 3.875 Cb 0.01%
Marathon Petrol Com 0.02%
Naturgy Finance Bv 290128 1.50 Cb 0.04%
Nippon Yusen Kk 0.01%
Oneok Inc 0.02%
Pembina Pipeline 0.06%
Phillips 66 Com Usd0.01 0.01%
Reliance Industries Ltd 301127 3.667 Cb 0.01%
Rubis Eur1.25 0.05%
Tc Energy Corp 0.02%
Valero Energy Corp 0.03%
Williams Companies Inc 0.02%

Weapons

Tobacco

Alimentation Couche Tard Inc 250130 2.95 Cb 0.05%

Gambling

Vici Properties Inc 0.03%

Adult Entertainment/Pornography

Alcohol

GMOs

Human Rights & Environmental Violations

Bank Leumi Le-Israel 0.01%
Credit Suisse Group AG 010431 4.194 Cb 0.02%
Duke Energy Corp Com USD 0.001 Post Rev Splt 0.01%
Johnson & Johnson Com US$1 0.21%
Johnson and Johnson 150837 5.95 Cb 0.02%
Motorola Solutions Inc 0.04%
Nestle Holdings Inc 240948 4.00 Cb 0.05%
Nestle SA 0.12%
Rio Tinto Limited 0.01%
Rio Tinto PLC Ord 10P Gbp 0.02%

Animal Testing

Air Liquide 0.12%
Air Liquide Finance SA 100929 2.25 Cb 0.03%
Albermarle Corp 0.01%
Church & Dwight Co 0.03%
Clorox Co 150530 1.80 Cb 0.02%
Clorox Co Del 0.02%
Coca Cola Co 090341 1.00 Cb 0.05%
Coca Cola Co USD 0.09%
Eastman Chemical Co 260523 1.50 Cb 0.03%
Ecolab Inc 011126 2.70 Cb 0.03%
Ecolab Ltd 0.19%
Estee Lauder Companies 0.20%
Fuji Film Holdings Corp 0.02%
General Mills Inc 0.03%
Givaudan Finance Europe Bv 220427 1.00 Cb 0.01%
Glaxosmithkline Capital Inc 150538 6.375 Cb 0.05%
Glaxosmithkline PLC 0.14%
Henkel AG & Co Kgaa Non Vtg Pref 0.01%
Johnson & Johnson Com US$1 0.21%
Johnson and Johnson 150837 5.95 Cb 0.02%
Kellogg Company 0.02%
Kerry Group PLC 0.07%
Kerry Group PLC-A 0.01%
Kimberly Clark Corp 010837 6.625 Cb 0.02%
Kimberly Clark Corp Com Usd1.25 0.02%
Kimberly Clark De Mexico Sab De Cv 010731 2.431 Sf 0.05%
Koninklijke Dsm Nv 0.19%
L'Oreal 0.11%
Linde Finance Bv 0.25% Gtd Snr 19/05/27 EUR 0.01%
Linde PLC 0.15%
Mondelez International Inc 0.01%
Nestle Holdings Inc 240948 4.00 Cb 0.05%
Nestle SA 0.12%
Nutrien Ltd Com Npv 0.03%
Pepsico Inc Cap US$0.01 2/3 0.31%
Praxair Inc 100850 2.00 Cb 0.04%
Procter & Gamble Company 0.17%
Reckitt Benckiser Group PLC 0.01%
Reliance Industries Ltd 301127 3.667 Cb 0.01%
Sherwin Williams Com Usd1 0.02%
Symrise AG 0.11%
Tesco Property 3 5.744% M/Bkd 13/04/2040Gbp 0.01%
Unilever Capital Corp 151132 5.90 Cb 0.04%
Unilever PLC 0.08%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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.

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.

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
2022 0.34% 2.89%
2021 17.46% 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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

  • First Sentier Investments Global Listed Infrastructure Fund
    New Zealand Other
    3.16%
  • BNP US Dollar Custodial Account Mataī-Balanced Portfolio
    United States Cash and Equivalents
    1.59%
  • Microsoft Corporation
    United States International Equities
    1.48%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    1.3%
  • Kkr & Co. Lp Global Infrastructure Fund
    Australia Other
    0.98%
  • New Zealand Government Bond 2.00% 15/05/2032
    New Zealand NZ Fixed Interest AAA
    0.9%
  • New Zealand Government Bond 1.75% 15/05/2041
    New Zealand NZ Fixed Interest AAA
    0.9%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    0.88%
  • New Zealand Government Bond 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AAA
    0.83%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    0.82%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 4.0% 5.85%
New Zealand Fixed Interest 10.0% 8.89%
International Fixed Interest 26.0% 25.08%
Australasian Equities 12.5% 11.54%
International Equities 35.5% 36.38%
Listed Properties 3.0% 2.92%
Unlisted Properties 3.0% 2.65%
Other 6.0% 6.69%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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:
    0.01%
  • Alcohol:
    0.01%
  • Animal Testing:
    3.31%
  • Fossil Fuels:
    0.94%
  • Gambling:
    0.05%
  • GMOs:
    0.01%
  • Human Rights & Environmental Violations:
    0.58%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.06%
  • Weapons:
    0.03%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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.

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

In their own words

"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 $20M NZD
Period of data report Thu March 31st 2022
Fund started Mon Feb. 17th 2020
Total annual fund fees 0.76%
Total performance based fees 0.0%
Manager's basic fee 0.0%
Other management and administration charges 0.76%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Fiona Pimm

Currently: Chair (4 years, 5 months)
Previously: Whai Rawa Fund Limited Board member (other position currently held) (7 years, 11 months)

David Woods

Currently: Board member (5 years, 4 months)
Previously: Managing Director Oikocredit International, Netherlands (position previously held) (3 years, 10 months)

Clare Murray

Currently: Board Member (4 years, 1 months)
Previously: Owner Consultant Murray & Co (financial services) (other position currently held) (16 years, 0 months)

Anthony Bow

Currently: Board Member (4 years, 1 months)
Previously: Principal Waimana Capital Limited (other position currently held) (5 years, 6 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.