The fund aims to provide investors with regular income by constructing an actively managed investment portfolio of short term deposits and bonds whilst preserving capital value.
| Value | $329M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 12th June 2014 |
| Total annual fund fees | 0.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.3% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (1 years, 9 months)
|
|
Fergus Mcdonald |
Currently: Head of Bonds & Currency and Member of Investment Committee (24 years, 6 months)
|
|
Ian Bellew |
Currently: Fixed Income Manager (13 years, 0 months)
|
|
Matthew Johnson |
Currently: Fixed Income Manager (6 years, 3 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 3.59% | 4.29% |
| 2023 | -0.79% | 2.39% |
| 2022 | -2.46% | 0.47% |
| 2021 | 2.15% | 1.07% |
| 2020 | 1.75% | 1.21% |
| 2019 | 2.76% | 1.76% |
| 2018 | 1.94% | 1.88% |
| 2017 | 1.52% | 2.04% |
| 2016 | 2.91% | 2.48% |
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 31st Dec. 2024.
NZ Local Govt Funding Agency 150425 2.75 Gb
New Zealand Cash and Equivalents AAA
Housing NZ Ltd 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA
Westpac 45 Day Depo
New Zealand Cash and Equivalents AA-
Rabobank Nederla 160326 Frn
New Zealand NZ Fixed Interest A+
Westpac New Zealand 060726 Frn
New Zealand NZ Fixed Interest AA-
ASB Bank Limited 181027 Frn
New Zealand NZ Fixed Interest AA-
Mufg Bank Ltd Auckland Branch 241126 Frn
New Zealand NZ Fixed Interest A
New Zealand Tax Trading Co 030325 Rcd
New Zealand Cash and Equivalents AAA
Industrial and Commercial Bank Of China NZD 260525 Frn
New Zealand Cash and Equivalents A
Transpower New Zealand Limited 260825 Pnote
New Zealand Cash and Equivalents AA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 100.0% | 71.59% |
| New Zealand Fixed Interest | 0.0% | 28.41% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 30th Sept. 2024 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.
The fund aims to provide investors with regular income by constructing an actively managed investment portfolio of short term deposits and bonds whilst preserving capital value.
| Value | $329M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 12th June 2014 |
| Total annual fund fees | 0.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.3% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (1 years, 9 months)
|
|
Fergus Mcdonald |
Currently: Head of Bonds & Currency and Member of Investment Committee (24 years, 6 months)
|
|
Ian Bellew |
Currently: Fixed Income Manager (13 years, 0 months)
|
|
Matthew Johnson |
Currently: Fixed Income Manager (6 years, 3 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 3.59% | 4.29% |
| 2023 | -0.79% | 2.39% |
| 2022 | -2.46% | 0.47% |
| 2021 | 2.15% | 1.07% |
| 2020 | 1.75% | 1.21% |
| 2019 | 2.76% | 1.76% |
| 2018 | 1.94% | 1.88% |
| 2017 | 1.52% | 2.04% |
| 2016 | 2.91% | 2.48% |
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 31st Dec. 2024.
NZ Local Govt Funding Agency 150425 2.75 Gb
New Zealand Cash and Equivalents AAA
Housing NZ Ltd 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA
Westpac 45 Day Depo
New Zealand Cash and Equivalents AA-
Rabobank Nederla 160326 Frn
New Zealand NZ Fixed Interest A+
Westpac New Zealand 060726 Frn
New Zealand NZ Fixed Interest AA-
ASB Bank Limited 181027 Frn
New Zealand NZ Fixed Interest AA-
Mufg Bank Ltd Auckland Branch 241126 Frn
New Zealand NZ Fixed Interest A
New Zealand Tax Trading Co 030325 Rcd
New Zealand Cash and Equivalents AAA
Industrial and Commercial Bank Of China NZD 260525 Frn
New Zealand Cash and Equivalents A
Transpower New Zealand Limited 260825 Pnote
New Zealand Cash and Equivalents AA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 100.0% | 71.59% |
| New Zealand Fixed Interest | 0.0% | 28.41% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
