Not Mindful
Fund type: Growth fund
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
Gambling
Vici Properties Inc. 0.07%
Gaming and Leisure Properties Inc. 0.03%
Human Rights & Environmental Violations
Thermo Fisher Scientific 0.71%
Meta Platforms Inc 0.41%
Johnson & Johnson 0.19%
Caterpillar Inc 0.15%
Wells Fargo & Company 0.09%
Freeport-Mcmoran Inc 0.06%
Uber Technologies Inc 0.06%
Archer-Daniels-Midland Co 0.05%
Barrick Gold Corporation 0.04%
Animal Testing
Pepsico Inc 0.63%
L'Oreal SA 0.18%
Mondelez International Inc 0.17%
Unilever PLC 0.17%
General Mills Inc 0.08%
Sherwin-Williams 0.08%
3M Co 0.06%
Kellogg Co 0.06%
Mosaic Co 0.06%
Richemont SA 0.06%
Archer-Daniels-Midland Co 0.05%
Church & Dwight Co Inc 0.04%
Dow Inc 0.04%
Koninklijke Dsm Nv 0.04%
Kraft Heinz Co 0.04%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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.
The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.
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 Fri Sept. 30th 2022.
Showing the top 10 investments for this fund:
-
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund11.24% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+4.4% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund3.35% -
Microsoft Corporation
United States International Equities2.27% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities1.94% -
Amazon.Com Inc
United States International Equities1.92% -
Auckland International Airport Limited
New Zealand Australasian Equities1.91% -
Apple Inc
United States International Equities1.74% -
Real Estate Select Sector Spdr Fund
United States Fund1.66% -
Spark New Zealand Limited
New Zealand Australasian Equities1.65%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Sept. 30th 2022.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 2.0% | 6.3% |
New Zealand Fixed Interest | 12.0% | 10.24% |
International Fixed Interest | 11.0% | 11.16% |
Australasian Equities | 26.0% | 24.95% |
International Equities | 42.0% | 40.78% |
Listed Properties | 7.0% | 6.57% |
Unlisted Properties | 0.0% | 0.0% |
Other | 0.0% | 0.0% |
Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 2022.
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.00%
-
Animal Testing:1.88%
-
Fossil Fuels:0.01%
-
Gambling:0.11%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:1.87%
-
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 Fri Sept. 30th 2022 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 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 Socially Responsible Growth Fund invests mainly in growth assets and includes some income assets. It excludes investments which do not satisfy certain socially responsible investment criteria. It is suited to investors looking for an investment that reflects their personal values, who are comfortable with a medium to high level of risk in order to potentially achieve relatively higher level of returns."
Value | $140k NZD |
Period of data report | Fri Sept. 30th 2022 |
Fund started | Wed March 30th 2022 |
Total annual fund fees | 3.04% |
Total performance based fees | 0.0% |
Manager's basic fee | 2.85% |
Other management and administration charges | 0.19% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Nic Craven |
Currently: Chief Investment Officer, Booster Financial Services Limited (1 years, 2 months) |
Brendon Doyle |
Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 5 months) |
Allan Yeo |
Currently: Managing Director, Booster Financial Services Limited (24 years, 4 months) |
Aaron Usher |
Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 2 months) |
Rowan Calvert |
Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (4 years, 11 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.