Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership 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.
Anglo American Capital PLC 4.0% 11-Sep-2027 0.01%
Anglo American PLC 0.05%
Atmos Energy Corporation 0.02%
BP Capital Markets Bv 0.933% 04-Dec-2040 0.02%
Coca-Cola Company 0.03%
Enbridge Inc. 0.03%
Genesis Energy Ltd 0.05%
Itochu Corporation 0.03%
Kinder Morgan Inc Class P 0.03%
Kinder Morgan, Inc. 3.6% 15-Feb-2051 0.02%
Lg Corp 0.04%
Loews Corporation 0.03%
Mplx Lp 4.125% 01-Mar-2027 0.01%
Vale S.A. Sponsored Adr 0.03%
Amphenol Corporation Class A 0.04%
Chemring Group PLC 0.02%
Meggitt PLC 0.01%
Singapore Technologies Engineering Ltd 0.01%
Dufry AG 0.01%
Aristocrat Leisure Ltd 0.06%
Greek Organisation Of Football Prognostics SA 0.03%
La Francaise Des Jeux SA 0.02%
Las Vegas Sands Corp. 0.02%
Playtech PLC 0.02%
Sky City Entertainment Group 0.29%
Vici Properties Inc 0.03%
Anheuser-Busch Inbev SA/Nv 2.125% 02-Dec-2027 0.03%
Anheuser-Busch Inbev SA/Nv 3.7% 02-Apr-2040 0.03%
Anheuser-Busch Inbev Worldwide, Inc. 5.55% 23-Jan-2049 0.02%
Carlsberg A/S Class B 0.03%
Davide Campari-Milano N.V. 0.01%
Diageo PLC 0.10%
Dufry AG 0.01%
Heineken Nv 0.06%
LVMH Moet Hennessy Louis Vuitton Se 0.11%
Pernod Ricard SA 0.07%
Human Rights & Environmental Violations
Bayer AG 0.06%
Duke Energy Corporation 0.01%
Grupo Mexico S.A.B. De C.V. Class B 0.02%
Johnson & Johnson 0.10%
Nestle S.A. 0.13%
Rio Tinto PLC 0.04%
Vale S.A. Sponsored Adr 0.03%
Air Liquide SA 0.040%
Akzo Nobel N.V. 0.050%
Bayer AG 0.060%
Burberry Group PLC 0.020%
Capri Holdings Limited 0.020%
Coca-Cola Company 0.030%
Danone SA 0.090%
Ecolab Inc. 0.020%
Estee Lauder Companies Inc. Class A 0.040%
Fancl Corporation 0.040%
General Mills, Inc. 0.020%
Givaudan SA 0.010%
Hermes International Sca 0.020%
Hp Inc. 0.020%
Ingevity Corporation 0.020%
J Sainsbury PLC 0.020%
Johnson & Johnson 0.100%
Kikkoman Corporation 0.010%
Kraft Heinz Company 0.020%
L Brands, Inc. 0.020%
L'Oreal SA 0.050%
LVMH Moet Hennessy Louis Vuitton Se 0.110%
Linde PLC 0.110%
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. 0.25% 17-Mar-2028 0.030%
Mondelez International, Inc. 1.375% 17-Mar-2041 0.020%
Mondelez International, Inc. Class A 0.020%
Mosaic Company 0.020%
Nestle S.A. 0.130%
Nissan Chemical Corporation 0.010%
Orkla Asa 0.010%
PPG Industries, Inc. 0.090%
Prada S.P.A. 0.030%
Procter & Gamble Company 0.020%
Reckitt Benckiser Group PLC 0.060%
Svenska Cellulosa Aktiebolaget Class B 0.050%
Symrise AG 0.010%
Tosoh Corporation 0.020%
Unilever PLC 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 Wed March 31st 2021 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.
Please note that companies may breach more than one of these areas of concern.
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|
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 March 31st 2021.
Showing the top 10 investments for this fund:
K2 Alternative Strategies NZ Portfolio
Cayman Islands Other2.82%
US 5Yr Note (Cbt)
United States Int Fixed Interest2.0%
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities1.84%
US 2Yr Note (Cbt)
United States Int Fixed Interest1.02%
Spark New Zealand Ltd
New Zealand Australasian Equities0.92%
New Zealand Australasian Equities0.87%
Auckland International Airport Ltd
New Zealand Australasian Equities0.79%
A2 Milk Company Ltd
New Zealand Australasian Equities0.77%
Euro Schatz Future
Germany Int Fixed Interest0.73%
Fletcher Building Ltd
New Zealand Australasian Equities0.62%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.
How the money in this fund is invested against the fund's targets.
|Cash and Cash Equivalents||7.0%||8.41%|
|New Zealand Fixed Interest||24.0%||22.23%|
|International Fixed Interest||29.0%||27.28%|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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
Human Rights & Environmental Violations:0.41%
Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.
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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"The Moderate Trust aims to provide moderate returns over the medium term. The fund has a higher benchmark allocation to income assets than to growth assets. Volatility is expected to be higher than the Conservative Trust but lower than the Balanced Trust in the Westpac Active Series."
|Period of data report||Wed March 31st 2021|
|Fund started||Wed Feb. 8th 2012|
|Total annual fund fees||1.2%|
|Total performance based fees||0.0%|
|Manager's basic fee||1.13%|
|Other management and administration charges||0.07%|
|Total other charges||0.0|
|Total other charges currency||NZD|
Currently: Head of Investments (0 years, 2 months)
Currently: Head of Investment Solutions (0 years, 7 months)
Currently: Senior Portfolio Manager (10 years, 5 months)
Currently: Senior Portfolio Manager (8 years, 6 months)
Currently: Investment Analytics Manager (19 years, 7 months)
Download the fund's disclosure statement and portfolio holdings.