QuayStreet Socially Responsible Investment Fund

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Mindful Fund
Type: Balanced fund
Past Returns: 3.03%

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

Annual Fees: 1.04%

Annual fees, including any membership and % management 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

GMOs

Human Rights & Environmental Violations

Animal Testing

Air Products and Chemicals, Inc. 0.020%
Coca-Cola Company 0.060%
Colgate-Palmolive Company 0.020%
Estee Lauder Companies Inc. Class A 0.010%
General Mills, Inc. 0.010%
Kimberly-Clark Corporation 0.020%
Pepsico, Inc. 0.070%
Procter & Gamble Company 0.100%
Walgreens Boots Alliance Inc 0.010%

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

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
2020 -2.86% 0.83%
2019 4.44% 3.76%
2018 4.90% 4.51%
2017 5.60% 5.23%
2016 3.06% 1.95%
2015 8.56% 10.74%
2014 6.13% 5.49%
2013 8.77% 12.38%
2012 0.50% -2.83%
2011 6.26% 4.73%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Msci World Esg Leaders Trs
    United States International Equities
    14.63%
  • Cash ANZNZ (NZD)
    New Zealand Cash and Equivalents
    9.77%
  • Ishares Msci Kld 400 Social
    United States International Equities
    5.72%
  • Vanguard Esg US Stock ETF
    United States Fund
    5.53%
  • ASB Term Deposit 2.40% 14/08/2020
    New Zealand Cash and Equivalents
    4.63%
  • Bank Of China Term Deposit 27Jul2020 3.29
    New Zealand Cash and Equivalents
    4.46%
  • Cash Citi Margin (USD)
    New Zealand Cash and Equivalents
    3.88%
  • Cash Citibank (AUD)
    New Zealand Cash and Equivalents
    3.39%
  • ASB Term Deposit 2.50% 30/11/2020
    New Zealand Cash and Equivalents
    3.35%
  • Cash Citibank (USD)
    New Zealand Cash and Equivalents
    3.2%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 18.97%
New Zealand Fixed Interest 30.0% 20.59%
International Fixed Interest 0.0% 3.43%
Australasian Equities 20.0% 16.05%
International Equities 40.0% 39.8%
Listed Properties 0.0% 1.15%
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 Tue June 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:
    0.37%
  • Fossil Fuels:
    0.03%
  • Gambling:
    0.00%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    0.01%
  • 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 Tue March 31st 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 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."

Value $48M NZD
Period of data report Tue June 30th 2020
Members Not provided
Fund started Wed Oct. 31st 2007
Total annual fund fees 1.04%
Total performance based fees 0.0%
Manager's basic fee 0.88%
Administration charges 0.16%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

James Ring

Currently: Investment Manager International Equities (6 years, 0 months)
Previously: Investment Manager Rank Group Limited (1 years, 0 months)

Andrew South

Currently: Investment Manager Australasian Equities (6 years, 0 months)
Previously: Chief Investment Officer Brook Asset Management Limited (4 years, 1 months)

Roy Cross

Currently: Senior Analyst (6 years, 0 months)
Previously: Senior Analyst Brook Asset Management Limited (8 years, 7 months)

Stefan Stevanovic

Currently: Senior Analyst (6 years, 0 months)
Previously: Research Analyst Brook Asset Management Limited (6 years, 7 months)

Xavier Waterstone

Currently: Senior Analyst (1 years, 10 months)
Previously: Senior Analyst Diogenes Research (1 years, 6 months)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.