QuayStreet Balanced Socially Responsible Investment 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 Wed Sept. 30th 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, Sustainalytics and research organisations.

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 Wed Sept. 30th 2020.

Showing the top 10 investments for this fund:

• Msci World Esg Leaders Trs
  New Zealand International Equities
  14.68%
• Cash ANZNZ (NZD)
  New Zealand Cash and Equivalents AA-
  11.28%
• Cash Citibank (USD)
  New Zealand Cash and Equivalents BBB+
  6.59%
• Ishares Msci Kld 400 Social
  United States International Equities
  5.81%
• Vanguard Esg US Stock ETF
  United States Fund
  5.69%
• Westpac NZ Td 1.125% 13/08/2021
  New Zealand Cash and Equivalents AA-
  4.47%
• Cash Citibank (AUD)
  New Zealand Cash and Equivalents BBB+
  4.42%
• ASB Td 2.50% 30/11/2020
  New Zealand Cash and Equivalents AA-
  3.24%
• Ishares Msci Europe SRI ETF
  Ireland International Equities
  2.27%
• NZ Government (April 2025)
  New Zealand NZ Fixed Interest AA+
  2.26%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.

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 Wed Sept. 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:
  0.00%
• Animal Testing:
  1.05%
• Fossil Fuels:
  0.41%
• Gambling:
  0.00%
• GMOs:
  0.01%
• Human Rights & Environmental Violations:
  0.06%
• 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 Wed Sept. 30th 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, Sustainalytics 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 guiding philosophy of the QuayStreet Socially Responsible Investment (SRI) Fund is to endeavour to have a diversified portfolio of investments that are considered to be environmentally and socially sustainable whilst still applying our traditional portfolio investment criteria. The Fund invests in income and growth assets which are selected in accordance with our SRI Policy. The investment objective is to provide a return above the Fund's benchmark over the long term. The portfolio can vary between a Growth and a Balanced investment strategy allowing the portfolio manager to adjust the Fund's overall risk exposure depending on market conditions. We are a specialist funds management firm with a team across Auckland, New Zealand and Sydney, Australia. QuayStreet offers a range of diversified and sector specific investment funds for investors with varying investment needs and timeframes."

Key Personnel

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

• Product Disclosure Statement (PDS) v
• Responsible Investment Policy v
• Portfolio holdings v