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
Aker BP Asa 3.0% 15-Jan-2025 0.01%
Aker BP Asa 3.75% 15-Jan-2030 0.04%
American Electric Power Company, Inc. 0.01%
Dominion Energy, Inc. 4.25% 01-Jun-2028 0.02%
Energy Transfer Operating, L.P. 2.9% 15-May-2025 0.02%
Engie SA 1.75% 27-Mar-2028 0.01%
Firstenergy Corp. 2.65% 01-Mar-2030 0.04%
Firstenergy Corp. 3.4% 01-Mar-2050 0.01%
Firstenergy Corp. 7.375% 15-Nov-2031 0.03%
Hess Corporation 3.5% 15-Jul-2024 0.04%
Kinder Morgan, Inc. 5.0% 15-Feb-2021 0.06%
Kinder Morgan, Inc. 5.625% 15-Nov-2023 0.02%
Marathon Petroleum Corporation 5.125% 15-Dec-2026 0.03%
Nextera Energy, Inc. 0.02%
Sunoco Logistics Partners Operations Lp 4.25% 01-Apr-2024 0.04%
Sunoco Logistics Partners Operations Lp 4.4% 01-Apr-2021 0.04%
Williams Companies, Inc. 4.55% 24-Jun-2024 0.02%
Weapons
Gambling
Galaxy Entertainment Group Limited 0.01%
Sands China Ltd. 5.125% 08-Aug-2025 0.02%
Sky City Entertainment Group 0.07%
Alcohol
Anheuser-Busch Cos. Llc 3.65% 01-Feb-2026 0.10%
Anheuser-Busch Inbev SA/Nv @Na 02-Apr-2032 0.04%
Anheuser-Busch Inbev SA/Nv @Na 02-Apr-2040 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 0.02%
Heineken Nv 1.0% 04-May-2026 0.02%
LVMH Moet Hennessy Louis Vuitton Se 0.06%
Pernod Ricard SA 0.04%
Palm Oil
GMOs
Bayer AG 0.05%
Novartis AG 0.01%
Human Rights & Environmental Violations
Johnson & Johnson 0.05%
Nestle S.A. 0.08%
Rio Tinto Ltd 0.03%
Rio Tinto PLC 0.01%
Animal Testing
Air Liquide SA 0.020%
Akzo Nobel N.V. 0.020%
Bayer AG 0.050%
Coca-Cola Femsa Sab De Cv 2.75% 22-Jan-2030 0.010%
Colgate-Palmolive Company 0.040%
Danone SA 0.030%
Ecolab Inc. 0.010%
Estee Lauder Companies Inc. Class A 0.010%
Johnson & Johnson 0.050%
LVMH Moet Hennessy Louis Vuitton Se 0.060%
Nestle S.A. 0.080%
Pepsico, Inc. 0.010%
PPG Industries, Inc. 0.020%
Procter & Gamble Company 0.030%
Reckitt Benckiser Group PLC 0.040%
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 | -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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
US 5Yr Note (Cbt)
United States Int Fixed Interest UNRATED1.96% -
US 2Yr Note (Cbt)
United States Int Fixed Interest UNRATED1.77% -
Euro Schatz Future
Germany Int Fixed Interest UNRATED1.56% -
NZ Government Bond 2.75% 15/04/2037
New Zealand NZ Fixed Interest AA+1.23% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities1.2% -
A2 Milk Company Ltd
New Zealand Australasian Equities1.07% -
NZ Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AA+0.95% -
K2 Alternative Strategies NZ Portfolio
Cayman Islands Other0.85% -
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+0.74%
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 | 15.0% | 16.38% |
| New Zealand Fixed Interest | 31.0% | 29.82% |
| International Fixed Interest | 34.0% | 34.55% |
| Australasian Equities | 7.0% | 7.41% |
| International Equities | 9.0% | 8.33% |
| Listed Properties | 3.0% | 2.42% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 1.0% | 1.09% |
| 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.43%
-
Animal Testing:0.61%
-
Fossil Fuels:0.61%
-
Gambling:0.15%
-
GMOs:0.08%
-
Human Rights & Environmental Violations:0.20%
-
Palm Oil:0.01%
-
Tobacco:0.00%
-
Weapons:0.01%
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 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 | Tue June 30th 2020 |
| Members | Not provided |
| Fund started | Sat Aug. 1st 1992 |
| Total annual fund fees | 1.11% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.07% |
| 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, 4 months) |
|
Francois Richeboeuf |
Currently: Acting Head of Investment Solutions (0 years, 5 months) |
|
Stephen Hong |
Currently: Senior Portfolio Manager (7 years, 9 months) |
|
Angelika Sansom |
Currently: Investment Analytics Manager (18 years, 10 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.
