Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Aes Corporation 1.375% 15-Jan-2026 0.02%
Aes Corporation 2.45% 15-Jan-2031 0.01%
Aes Corporation 3.95% 15-Jul-2030 0.02%
Anglo American Capital PLC 4.0% 11-Sep-2027 0.01%
Anglo American PLC 0.01%
BHP Group Ltd 0.04%
BP Capital Markets Bv 0.933% 04-Dec-2040 0.03%
Canadian National Railway Company 0.04%
China Longyuan Power Group Corp. Ltd. Class H 0.01%
Coca-Cola Company 1.0% 15-Mar-2028 0.04%
E.On Se 0.35% 28-Feb-2030 0.02%
E.On Se 1.0% 07-Oct-2025 0.04%
Electricite De France SA 2.0% 09-Dec-2049 0.02%
Electricite De France SA 3.0% Perp 0.02%
Electricite De France SA 3.375% Perp 0.02%
Electricite De France SA 5.375% Perp 0.05%
Electricite De France SA 5.875% Perp 0.03%
Enbridge Inc. 0.01%
Enbridge Inc. 5.75% 15-Jul-2080 0.02%
Genesis Energy Ltd 0.05%
Itochu Corporation 0.01%
Kansas City Southern 0.05%
Kinder Morgan, Inc. 5.0% 15-Feb-2021 0.04%
Kinder Morgan, Inc. 5.625% 15-Nov-2023 0.01%
Lg Corp 0.02%
Loews Corporation 0.01%
Mplx Lp 4.125% 01-Mar-2027 0.02%
New World Development Co. Ltd. 0.01%
Nrg Energy, Inc. 2.45% 02-Dec-2027 0.03%
Rio Tinto PLC 0.02%
Upm-Kymmene Oyj 0.02%
Weyerhaeuser Company 0.02%
Williams Companies, Inc. 0.01%
Xcel Energy Inc. 3.4% 01-Jun-2030 0.02%
Xcel Energy Inc. 4.0% 15-Jun-2028 0.02%
Weapons
Amphenol Corporation Class A 0.02%
Tobacco
Gambling
Aristocrat Leisure Ltd 0.02%
Sky City Entertainment Group 0.13%
Alcohol
Anheuser-Busch Inbev SA/Nv 2.125% 02-Dec-2027 0.04%
Anheuser-Busch Inbev SA/Nv 3.7% 02-Apr-2040 0.04%
Anheuser-Busch Inbev Worldwide, Inc. 4.75% 23-Jan-2029 0.03%
Anheuser-Busch Inbev Worldwide, Inc. 5.55% 23-Jan-2049 0.03%
Carlsberg A/S Class B 0.02%
Diageo PLC 0.05%
Heineken Nv 0.03%
Heineken Nv 2.25% 30-Mar-2030 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.06%
Pernod Ricard SA 0.03%
Palm Oil
Human Rights & Environmental Violations
BHP Group Ltd 0.04%
Johnson & Johnson 0.05%
Nestle S.A. 0.06%
Rio Tinto PLC 0.02%
Sempra Energy 4.875% Perp 0.03%
Vale S.A. Sponsored Adr 0.01%
Animal Testing
Air Liquide SA 0.020%
Akzo Nobel N.V. 0.020%
Bayer AG 0.030%
Burberry Group PLC 0.010%
Clorox Company 0.010%
Clorox Company 3.05% 15-Sep-2022 0.030%
Coca-Cola Company 1.0% 15-Mar-2028 0.040%
Colgate-Palmolive Company 0.040%
Danone SA 0.040%
Estee Lauder Companies Inc. Class A 0.020%
Fancl Corporation 0.020%
General Mills, Inc. 0.010%
Hermes International Sca 0.010%
Ingevity Corporation 0.010%
Johnson & Johnson 0.050%
Linde PLC 0.050%
LVMH Moet Hennessy Louis Vuitton Se 0.060%
Mondelez International Holdings Netherlands Bv 2.0% 28-Oct-2021 0.040%
Mondelez International Holdings Netherlands Bv 2.125% 19-Sep-2022 0.040%
Mondelez International, Inc. 1.5% 04-May-2025 0.010%
Mondelez International, Inc. 2.75% 13-Apr-2030 0.030%
Nestle S.A. 0.060%
PPG Industries, Inc. 0.040%
Prada S.P.A. 0.010%
Reckitt Benckiser Group PLC 0.030%
Svenska Cellulosa Aktiebolaget Class B 0.020%
Unilever PLC 0.030%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Dec. 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, 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.
Year | Market Average | Fund Annual Return |
---|---|---|
2020 | -0.18% | 0.15% |
2019 | 4.54% | 3.67% |
2018 | 3.22% | 3.55% |
2017 | 3.53% | 2.46% |
2016 | 2.92% | 2.6% |
2015 | 8.63% | 6.85% |
2014 | 5.69% | 3.35% |
2013 | 8.30% | 6.23% |
2012 | 2.27% | 2.08% |
2011 | 4.69% | 4.6% |
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:
-
US 2Yr Note (Cbt)
United States Int Fixed Interest1.88% -
US 5Yr Note (Cbt)
United States Int Fixed Interest1.62% -
NZ Government Bond 2.75% 15/04/2037
New Zealand NZ Fixed Interest AA+1.24% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities1.1% -
K2 Alternative Strategies NZ Portfolio
Cayman Islands Other0.98% -
NZ Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AA+0.92% -
NZ Government Bond 3% 20/04/2029
New Zealand NZ Fixed Interest AA+0.84% -
NZ Government Bond 4.50% 15/04/2027
New Zealand NZ Fixed Interest AA+0.8% -
A2 Milk Company Ltd
New Zealand Australasian Equities0.8% -
Westpac 32 Day Notice Deposit
New Zealand Cash and Equivalents AA-0.67%
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.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 15.0% | 15.08% |
New Zealand Fixed Interest | 31.0% | 31.29% |
International Fixed Interest | 34.0% | 34.42% |
Australasian Equities | 7.0% | 7.17% |
International Equities | 9.0% | 8.58% |
Listed Properties | 3.0% | 2.46% |
Unlisted Properties | 0.0% | 0.0% |
Other | 1.0% | 1.0% |
Commodities | 0.0% | 0.0% |
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.36%
-
Animal Testing:0.90%
-
Fossil Fuels:0.95%
-
Gambling:0.20%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.23%
-
Palm Oil:0.01%
-
Tobacco:0.01%
-
Weapons:0.05%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Dec. 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, 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 Conservative Trust aims to provide stable returns over the short to medium term. The fund invests primarily in income assets but also has an allocation to growth assets. Volatility is expected to be higher than the Income Strategies Trust but lower than the Moderate Trust in the Westpac Active Series."
Value | $310M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | Not provided |
Fund started | Sat Aug. 1st 1992 |
Total annual fund fees | 1.12% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.08% |
Administration charges | 0.04% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Nigel Jackson |
Currently: Acting Head of Investments & Insurance (3 years, 7 months) |
Philip Houghton-Brown |
Currently: Head of Investment Solutions (0 years, 1 months) |
Francois Richeboeuf |
Currently: Senior Portfolio Manager (9 years, 10 months) |
Stephen Hong |
Currently: Senior Portfolio Manager (8 years, 0 months) |
Angelika Sansom |
Currently: Investment Analytics Manager (19 years, 1 months) |
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.