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.
Fossil Fuel
Aes Corporation 3.95% 15-Jul-2030 0.01%
Aker BP Asa 3.75% 15-Jan-2030 0.01%
American Electric Power Company, Inc. 0.04%
Anglo American PLC 0.05%
Atmos Energy Corporation 0.04%
Basf Se 0.04%
China Longyuan Power Group Corp. Ltd. Class H 0.02%
Ck Hutchison Holdings Ltd 0.04%
Coca-Cola Company 0.03%
Coca-Cola Company 1.0% 15-Mar-2028 0.01%
Devon Energy Corporation 0.01%
Dominion Energy, Inc. 2.45% 15-Jan-2023 0.02%
Electricite De France SA 0.02%
Electricite De France SA 5.375% Perp 0.02%
Enagas SA 0.03%
Enerplus Corporation 0.01%
Engie SA. 0.375% 11-Jun-2027 0.03%
Eni S.P.A. 0.01%
Evraz PLC 0.01%
Exxon Mobil Corporation 0.02%
Genesis Energy Ltd 0.11%
Japan Petroleum Exploration Co., Ltd. 0.01%
Kinder Morgan Inc Class P 0.02%
Kinder Morgan, Inc. 5.0% 15-Feb-2021 0.01%
Lg Corp Pfd Registered Shs Non-Voting 0.01%
Lyondellbasell Industries Nv 0.01%
Magellan Midstream Partners, L.P. 0.02%
Nextera Energy Capital Holdings, Inc. 2.75% 01-May-2025 0.01%
Nextera Energy, Inc. 0.08%
Nrg Energy, Inc. 0.02%
Posco 0.01%
Reliance Industries Limited Sponsored Gdr 144A 0.02%
Rio Tinto Ltd 0.16%
Rio Tinto PLC 0.05%
Rwe AG 0.03%
Southwestern Energy Company 0.01%
Upm-Kymmene Oyj 0.04%
Wintershall Dea Finance Bv 0.84% 25-Sep-2025 0.01%
Wintershall Dea Gmbh 0.452% 25-Sep-2023 0.01%
Weapons
Amphenol Corporation Class A 0.09%
Chemring Group PLC 0.03%
Exor N.V. 0.01%
Hexcel Corporation 0.03%
Indra Sistemas, S.A. Class A 0.02%
Leidos Holdings, Inc. 0.01%
Meggitt PLC 0.02%
Navistar International Corporation 0.06%
Tobacco
Dufry AG 0.02%
Gambling
Aristocrat Leisure Ltd 0.13%
Genting Bhd. 0.01%
Genting Singapore Limited 0.02%
Kangwon Land, Inc. 0.01%
Las Vegas Sands Corp. 0.02%
Mgm Growth Properties Llc Class A 0.01%
Playtech PLC 0.03%
Sky City Entertainment Group 0.48%
Vici Properties Inc 0.04%
Wynn Macau Ltd. 0.01%
Alcohol
Ambev SA Sponsored Adr 0.02%
Anheuser-Busch Cos. Llc 3.65% 01-Feb-2026 0.02%
Anheuser-Busch Inbev SA/Nv 2.125% 02-Dec-2027 0.01%
Anheuser-Busch Inbev SA/Nv 3.7% 02-Apr-2040 0.01%
Anheuser-Busch Inbev Worldwide, Inc. 4.15% 23-Jan-2025 0.01%
Asahi Group Holdings,Ltd. 0.03%
Carlsberg A/S Class B 0.06%
Davide Campari-Milano N.V. 0.03%
Diageo PLC 0.19%
Dufry AG 0.02%
Heineken Nv 0.12%
LVMH Moet Hennessy Louis Vuitton Se 0.24%
Pernod Ricard SA 0.14%
Palm Oil
Genting Bhd. 0.01%
Genting Singapore Limited 0.02%
Malaysia Airports Holdings Bhd. 0.01%
Posco 0.01%
Human Rights & Environmental Violations
Barrick Gold Corporation 0.03%
Freeport-Mcmoran, Inc. 0.05%
Genting Bhd. 0.01%
Johnson & Johnson 0.13%
Nestle S.A. 0.26%
Posco 0.01%
Rio Tinto Ltd 0.16%
Rio Tinto PLC 0.05%
Sempra Energy 4.875% Perp 0.01%
Vale S.A. Sponsored Adr 0.01%
Animal Testing
Air Liquide SA 0.090%
Akzo Nobel N.V. 0.100%
Asahi Group Holdings,Ltd. 0.030%
Basf Se 0.040%
Bayer AG 0.190%
Beiersdorf AG 0.030%
Burberry Group PLC 0.040%
Capri Holdings Limited 0.020%
Clorox Company 3.05% 15-Sep-2022 0.010%
Coca-Cola Company 0.030%
Coca-Cola Company 1.0% 15-Mar-2028 0.010%
Colgate-Palmolive Company 0.130%
Danone SA 0.170%
Eastman Chemical Company 0.010%
Ecolab Inc. 0.040%
Estee Lauder Companies Inc. Class A 0.090%
Fancl Corporation 0.060%
General Mills, Inc. 0.020%
Givaudan SA 0.030%
Henkel AG & Co. Kgaa 0.020%
Hermes International Sca 0.050%
Hp Inc. 0.050%
Ingevity Corporation 0.020%
Ingredion Incorporated 0.040%
Johnson & Johnson 0.130%
Kikkoman Corporation 0.030%
Kimberly-Clark Corporation 0.020%
Kraft Heinz Company 0.020%
L'Oreal SA 0.030%
LVMH Moet Hennessy Louis Vuitton Se 0.240%
Linde PLC 0.230%
Lyondellbasell Industries Nv 0.010%
Mondelez International Holdings Netherlands Bv 2.0% 28-Oct-2021 0.010%
Mondelez International Holdings Netherlands Bv 2.125% 19-Sep-2022 0.010%
Mondelez International, Inc. Class A 0.050%
Mosaic Company 0.020%
Nestle S.A. 0.260%
Nissan Chemical Corporation 0.030%
PPG Industries, Inc. 0.130%
Prada S.P.A. 0.040%
Procter & Gamble Company 0.100%
Reckitt Benckiser Group PLC 0.160%
Reliance Industries Limited Sponsored Gdr 144A 0.020%
Svenska Cellulosa Aktiebolaget Class B 0.060%
Symrise AG 0.040%
Unilever Nv 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.
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 |
|---|---|---|
| 2021 | 27.54% | 26.12% |
| 2020 | -4.02% | -4.31% |
| 2019 | 5.16% | 6.69% |
| 2018 | 6.85% | 8.59% |
| 2017 | 7.20% | 6.2% |
| 2016 | 5.40% | 3.75% |
| 2015 | 12.09% | 13.61% |
| 2014 | 9.56% | 9.51% |
| 2013 | 13.67% | 10.96% |
| 2012 | 0.62% | 4.23% |
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 Other4.64% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities3.73% -
Spark New Zealand Ltd
New Zealand Australasian Equities1.87% -
Mainfreight Ltd
New Zealand Australasian Equities1.77% -
Auckland International Airport Ltd
New Zealand Australasian Equities1.61% -
A2 Milk Company Ltd
New Zealand Australasian Equities1.56% -
Fletcher Building Ltd
New Zealand Australasian Equities1.27% -
Contact Energy Ltd
New Zealand Australasian Equities1.22% -
Ebos Group Ltd
New Zealand Australasian Equities1.15% -
Meridian Energy Limited
New Zealand Australasian Equities1.06%
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.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 3.0% | 3.08% |
| New Zealand Fixed Interest | 8.0% | 6.82% |
| International Fixed Interest | 9.0% | 7.79% |
| Australasian Equities | 27.0% | 27.51% |
| International Equities | 39.0% | 41.24% |
| Listed Properties | 9.0% | 8.73% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 5.0% | 4.83% |
| Commodities | 0.0% | 0.0% |
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 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:0.93%
-
Animal Testing:3.09%
-
Fossil Fuels:1.47%
-
Gambling:0.76%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.75%
-
Palm Oil:0.06%
-
Tobacco:0.03%
-
Weapons:0.29%
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 Growth Trust aims to provide higher returns over the long term. The fund invests primarily in growth assets but also has an allocation to income assets. Volatility is expected to be the highest of the funds in the Westpac Active Series."
| Value | $130M NZD |
| Period of data report | Wed March 31st 2021 |
| Fund started | Thu Dec. 1st 1994 |
| Total annual fund fees | 1.34% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.23% |
| Administration charges | 0.11% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Nigel Jackson |
Currently: Head of Investments (0 years, 2 months) |
|
Philip Houghton-Brown |
Currently: Head of Investment Solutions (0 years, 7 months) |
|
Francois Richeboeuf |
Currently: Senior Portfolio Manager (10 years, 5 months) |
|
Stephen Hong |
Currently: Senior Portfolio Manager (8 years, 6 months) |
|
Angelika Sansom |
Currently: Investment Analytics Manager (19 years, 7 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
