QuayStreet Income 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 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.

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:

• Cash ANZNZ (NZD)
  New Zealand Cash and Equivalents
  4.72%
• Sydney Airport Inflation Linked (Nov 2020)
  Australia Int Fixed Interest BBB+
  3.86%
• Apt Pipelines (March 2025)
  Australia Int Fixed Interest BBB
  3.48%
• Mirvac (Mar 2027)
  Australia Int Fixed Interest A-
  3.24%
• Seek Frn (April 2022)
  Australia Int Fixed Interest NR
  3.01%
• ANZ New Zealand Term Deposit 2.11% 23/7/2020
  New Zealand Cash and Equivalents
  2.75%
• Z Energy (Nov 2021)
  New Zealand NZ Fixed Interest
  2.69%
• Powerco (Sep 2022)
  New Zealand NZ Fixed Interest BBB
  2.61%
• Lend Lease (May 2026)
  Australia Int Fixed Interest BBB-
  2.59%
• Chorus (May 2021)
  New Zealand NZ Fixed Interest BBB
  2.47%

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.

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:
  0.00%
• Fossil Fuels:
  2.03%
• Gambling:
  0.00%
• GMOs:
  0.00%
• Human Rights & Environmental Violations:
  0.00%
• 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 QuayStreet Income Fund invests in a diversified portfolio with an emphasis on income producing assets which may include listed property equities and derivatives. The investment objective is to provide returns above the Fund’s benchmark taking into account the prevailing short-term interest rates while preserving the real value of investments relative to inflation. The Fund aims to make quarterly distributions."

Key Personnel

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.

• Portfolio holdings v