Funds

OneAnswer SAC New Zealand Fixed Interest Fund

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Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

  • Fossil Fuels

    • Genesis Energy Ltd 0.32%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 30th Sept. 2023 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.

About this fund

In their own words

The New Zealand Fixed Interest Fund invests mainly in New Zealand fixed interest assets. Investments may include fixed interest assets in New Zealand dollars, or issued by New Zealand located or incorporated entities and hedged back to New Zealand dollars, and cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is broadly in line with the relevant market index.

Value $7.77M NZD
Period of data report 31st Dec. 2023
Fund started 31st March 1991
Total annual fund fees 0.46%
Total performance based fees 0.0%
Manager's basic fee 0.3%
Other management and administration charges 0.16%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Mathew Young

Currently: Acting Chief Investment Officer* and Head of FX Strategy and Implementation (4 years, 10 months)
Previously: Head of Investment Implementation, ANZ Bank New Zealand Limited (2 years, 2 months)

Helen Skinner

Currently: Head of Responsible Investing (1 years, 7 months)
Previously: Head of Emerging Wealth, Craigs Investment Partners (1 years, 2 months)

Iain Cox

Currently: Head of Australasian Fixed Interest and Cash (9 years, 10 months)
Previously: Senior Fixed Interest Analyst, ANZ Bank New Zealand Limited (2 years, 10 months)

Varun Khanna

Currently: Fund Manager Fixed Interest (0 years, 10 months)
Previously: Assistant Fund Manager, ANZ Bank New Zealand Limited (1 years, 1 months)

Ray Jack

Currently: Senior Research Analyst (3 years, 0 months)
Previously: Credit Analyst, ANZ Bank New Zealand Limited (5 years, 5 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.

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
2023 -0.79% -1.15%
2022 -2.46% -4.72%
2021 2.15% 0.91%
2020 1.75% 3.38%
2019 2.76% 4.22%
2018 1.94% 2.91%
2017 1.52% 0.83%
2016 2.91% 4.53%
2015 5.21% 6.13%
2014 1.36% -1.36%

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 Dec. 2023.

Top 10 Investments

  • New Zealand Government 14/04/2033 3.50%
    New Zealand NZ Fixed Interest AAA
    6.28%
  • New Zealand Government 15/04/2027 4.5%
    New Zealand NZ Fixed Interest AAA
    4.92%
  • New Zealand Government 20/04/2029 3%
    New Zealand NZ Fixed Interest AAA
    4.19%
  • New Zealand Government 15/05/2028 0.25%
    New Zealand NZ Fixed Interest AAA
    3.85%
  • New Zealand Government 15/04/2025 2.75%
    New Zealand NZ Fixed Interest AAA
    3.78%
  • New Zealand Government 15/05/2032 2%
    New Zealand NZ Fixed Interest AAA
    3.58%
  • New Zealand Government 15/05/2026 0.50%
    New Zealand NZ Fixed Interest AAA
    3.15%
  • New Zealand Government 15/05/2031 1.50%
    New Zealand NZ Fixed Interest AAA
    3.14%
  • New Zealand Government 15/04/2037 2.75%
    New Zealand NZ Fixed Interest AAA
    2.85%
  • NZ Local Govt Fund Agency 15/04/2026 1.50%
    New Zealand NZ Fixed Interest AAA
    2.65%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.18%
New Zealand Fixed Interest 100.0% 99.82%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

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

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.