Forsyth Barr Growth Fund

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Fund type: Growth 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: 1.25%

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

Apa Group Limited 0.09%
BHP Group Limited 0.95%
Coca-Cola Ltd 0.42%
Diamondback Energy Inc Sr Unsec 0.01%
Enbridge Inc Sr Unsec 0.01%
Genesis Energy Limited 0.33%
Genesis Energy Limited 20/07/2022 1.32% 0.04%
Genesis Energy Limited 5.0% 03/04/2025 0.10%
Genesis Energy Limited Bonds 09/06/2047 5.70% 0.09%
Genesis Energy Ltd Bonds 18/03/2022 4.14% 0.03%
Karoon Energy Ltd 0.05%
Oil Search Limited 0.88%
Origin Energy Limited 0.13%
Qatar Petroleum Sr Unsec Regs 0.02%
Santos Limited 0.17%
Saudi Arabian Oil Co Sr Unsec Regs 0.01%
South32 Limited 0.30%
The New Zealand Refining Company Limited 0.34%
Viva Energy Group Limited 0.43%
Woodside Petroleum Limited 0.18%

Gambling

Aristocrat Leisure Limited 0.18%
Las Vegas Sands Corp Sr Unsec 0.01%
Sands China Ltd Sr Unsec 0.01%
Skycity Entertainment Group Limited 0.81%
Skycity Entertainment Group Ltd 21/05/2027 3.02% 0.02%
The Star Entertainment Group Limited 0.11%

Alcohol

Delegat Group Limited 0.15%
Endeavour Group Ltd 0.06%
Treasury Wine Estates Limited 0.12%

Human Rights & Environmental Violations

BHP Group Limited 0.95%
Rio Tinto Limited 0.54%

Animal Testing

Bayer US Finance Ii Llc Sr Unsec 144A 0.01%
Coca-Cola Ltd 0.42%
Mondelez International Inc 0.98%
Reckitt Benckiser Tsy Sr Unsec 144A 0.02%
Tesco Prop Fin 6 PLC 0.02%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Sept. 30th 2021 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

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 Sept. 30th 2021.

Showing the top 10 investments for this fund:

  • ANZ Transactional Bank Account
    New Zealand Cash and Equivalents AA-
    7.33%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    2.16%
  • Amazon.Com Inc.
    United States International Equities
    1.78%
  • Visa Inc.- Class A Shares
    United States International Equities
    1.66%
  • CSL Limited
    Australia Australasian Equities
    1.55%
  • Salesforce.Com Inc.
    United States International Equities
    1.43%
  • Westpac Banking Corporation
    Australia Australasian Equities
    1.34%
  • Microsoft Corporation
    United States International Equities
    1.34%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.33%
  • Kiwi Property Group Limited
    New Zealand Listed Property
    1.2%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Sept. 30th 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 5.0% 8.11%
New Zealand Fixed Interest 12.0% 9.63%
International Fixed Interest 6.0% 3.8%
Australasian Equities 37.0% 38.38%
International Equities 30.0% 31.89%
Listed Properties 10.0% 8.19%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Sept. 30th 2021.

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:
    0.00%
  • Alcohol:
    0.33%
  • Animal Testing:
    1.45%
  • Fossil Fuels:
    4.58%
  • Gambling:
    1.14%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    1.49%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Sept. 30th 2021 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 fund aims to achieve positive long-term returns by selecting exposure across asset classes.Investors can expect moderate to high levels of movement up and down in value and to receive longer-term returns that are higher than those of the Balanced Fund."

Value $18M NZD
Period of data report Thu Sept. 30th 2021
Fund started Fri Dec. 11th 2020
Total annual fund fees 1.25%
Total performance based fees 0.0%
Manager's basic fee 1.25%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Paul Robertshawe

Currently: Portfolio ManagerForsyth Barr Limited (0 years, 6 months)
Previously: Portfolio Manager Large Capitalisation NZ Equities ACC (10 years, 1 months)

Craig Alexander

Currently: Co-Head of Funds ManagementForsyth Barr Limited (8 years, 3 months)
Previously: Head of Fixed InterestTower Investments (5 years, 2 months)

Jason Lindsay

Currently: Co-Head of Funds ManagementForsyth Barr Limited (2 years, 0 months)
Previously: Portfolio Manager Australasian Listed Infrastructure ACC (6 years, 2 months)

Rob Mercer

Currently: Director/Equities Wealth Management ResearchForsyth Barr Limited (2 years, 2 months)
Previously: Head of Private Wealth Research Forsyth Barr Limited (7 years, 2 months)

Neil Paviour-Smith

Currently: Director (13 years, 7 months)
Previously: Managing Director at Forsyth Barr Limited (current) (20 years, 9 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Sept. 30th 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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