Octagon Balanced Fund

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 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.

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:

• Vanguard ESG US Stock ETF
  United States Fund
  11.17%
• ANZ Transactional Bank Account
  New Zealand Cash and Equivalents AA-
  8.29%
• Vanguard ESG International Stock ETF
  United States International Equities
  7.55%
• Housing New Zealand 3.36% 12/06/2025
  New Zealand NZ Fixed Interest AA+
  1.82%
• NZ Govt Inflation Ind Bond 20/09/25
  New Zealand NZ Fixed Interest AA+
  1.71%
• New Zealand Local Government Funding Agency Ltd 14/04/2033 3.50%
  New Zealand NZ Fixed Interest AA+
  1.66%
• Fisher & Paykel Healthcare Corporation Limited
  New Zealand Australasian Equities
  1.23%
• New Zealand Local Government Funding Agency Ltd 15/04/2027 4.50%
  New Zealand NZ Fixed Interest AA+
  1.22%
• Westpac New Zealand 1.439% 24/02/2026
  New Zealand NZ Fixed Interest AA-
  1.14%
• CSL Limited
  Australia Australasian Equities
  1.08%

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.

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:
  0.21%
• Animal Testing:
  1.30%
• Fossil Fuels:
  2.28%
• Gambling:
  0.91%
• GMOs:
  0.01%
• Human Rights & Environmental Violations:
  1.93%
• Palm Oil:
  0.01%
• Tobacco:
  0.00%
• Weapons:
  0.01%

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 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 lower than those of the Growth Fund."

Key Personnel

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.

• Portfolio Holdings v