Funds
Simplicity Balanced Investment Fund
Issues of concern
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.
Key:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Contact Energy Ltd 0.87%
- Franco-Nevada Corp. 0.01%
- Lyondellbasell Industries Nv 0.01%
GMOs
- Corteva Inc. 0.05%
Human Rights & Environmental Violations
- Meta Platforms Inc. 0.33%
- Nestle SA 0.31%
- Thermo Fisher Scientific Inc. 0.21%
- Caterpillar Inc. 0.09%
- Activision Blizzard Inc. 0.06%
- Archer-Daniels-Midland Co. 0.05%
- Bayer AG 0.05%
- Corteva Inc. 0.05%
- Nutrien Ltd. 0.05%
- Uber Technologies Inc. 0.05%
- Motorola Solutions Inc. 0.03%
Animal Cruelty
- Procter & Gamble Co. 0.32%
- Nestle SA 0.31%
- Pepsico Inc. 0.24%
- Coca-Cola Co. 0.23%
- Unilever PLC 0.12%
- Mondelez International Inc. 0.08%
- L'Oreal SA 0.06%
- Colgate-Palmolive Co. 0.06%
- Archer-Daniels-Midland Co. 0.05%
- Bayer AG 0.05%
- Corteva Inc. 0.05%
- Estee Lauder Cos. Inc. 0.05%
- General Mills Inc. 0.05%
- Kimberly-Clark Corp. 0.05%
- Nutrien Ltd. 0.05%
- Sherwin-Williams Co. 0.05%
- Albemarle Corp. 0.03%
- Givaudan SA 0.03%
- Hermes International 0.03%
- Kering SA 0.03%
- Keurig Dr Pepper Inc. 0.03%
- Orica Ltd. 0.03%
- Danone SA 0.02%
- Dupont De Nemours Inc. 0.02%
- International Flavors & Fragrances Inc. 0.02%
- Koninklijke Ahold Delhaize Nv 0.02%
- Kraft Heinz Co. 0.02%
- Canon Inc. 0.01%
- Church & Dwight Co. Inc. 0.01%
- Denso Corp. 0.01%
- Kao Corp. 0.01%
- Kellogg Co. 0.01%
- Koninklijke Dsm Nv 0.01%
- Lyondellbasell Industries Nv 0.01%
- Tesco PLC 0.01%
- Tyson Foods Inc. 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 30th Sept. 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.
About this fund
In their own words
The Balanced Fund provides investors with an exposure to a mix of growth and income assets.
Simplicity is a nonprofit fund manager, owned by the Simplicity Foundation. 15% of our fee goes to the Simplicity Foundation. We invest with a conscience. We don't make money from companies that cause harm. As a not-for-profit, we only charge what it costs, nothing more. And 100% online means no costly branches or commissions.
| Value | $450M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 3rd April 2017 |
| Total annual fund fees | 0.31% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.3% |
| Other management and administration charges | 0.01% |
| Total other charges | 20.0 |
| Total other charges currency | NZD |
Key Personnel
|
Sam Stubbs |
Currently: Managing Director, Simplicity (6 years, 9 months) |
|
Joy Marslin |
Currently: Director, Simplicity (6 years, 1 months) |
|
Reuben Halper |
Currently: Director, Simplicity (5 years, 7 months) |
|
Andrew Lance |
Currently: Chief Operating Officer, Simplicity (6 years, 6 months) |
|
Matthew Houtman |
Currently: Head of Private Capital, Simplicity (2 years, 1 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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 concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 0.00% | |
| Animal Cruelty | 3.06% | |
| Fossil Fuels | 0.99% | |
| Gambling | 0.00% | |
| GMOs | 0.04% | |
| Human Rights & Environmental Violations | 1.56% | |
| Palm Oil | 0.01% | |
| 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 30th Sept. 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.
Past Returns
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 |
|---|---|---|
| 2022 | 0.34% | 1.13% |
| 2021 | 17.46% | 19.36% |
| 2020 | -1.59% | -0.61% |
| 2019 | 4.47% | 6.71% |
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. 2022.
Top 10 Investments
-
Vanguard Eth'Y Conscious Int Shares Index Fund NZD Hedged
Australia International Equities25.34% -
Vanguard Eth'Y Conscious Global Index Bond Fund
Australia Int Fixed Interest22.49% -
Vanguard Eth'Y Conscious Int Shares Index Fund Unhedged
Australia International Equities13.63% -
Vanguard Ethically Conscious Australian Share Fund
Australia Australasian Equities4.5% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities1.89% -
Cash At Bank
New Zealand Cash and Equivalents1.74% -
Spark New Zealand Ltd
New Zealand Australasian Equities1.45% -
Auckland International Airport Ltd
New Zealand Australasian Equities1.36% -
NZGB 0.5% 15/05/2024
New Zealand NZ Fixed Interest AA+1.27% -
NZGB 3% 20/04/2029
New Zealand NZ Fixed Interest AAA1.04%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 1.74% |
| New Zealand Fixed Interest | 16.5% | 16.55% |
| International Fixed Interest | 22.5% | 22.49% |
| Australasian Equities | 18.0% | 20.04% |
| International Equities | 39.0% | 38.97% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 2.0% | 0.21% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2022.