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:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Johnson & Johnson 0.34%
    • Nestle SA-Reg 0.25%
    • Thermo Fisher Scientific Inc 0.20%
    • Uber Technologies Inc 0.14%
    • Ubs Group AG-Reg 0.08%
    • Motorola Solutions Inc 0.05%
    • Palantir Technologies Inc-A 0.04%
    • Ubs Group AG 0.02%
    • Credit Suisse New York 0.01%
    • Nestle SA 0.01%
    • Teva Pharmaceutical Ind Ltd 0.01%
    • BHP Group Ltd 0.13% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Basf Se 0.05%
    • Bayer AG-Reg 0.03%
    • Nutrien Ltd 0.02%
    • Procter & Gamble Co/The 0.34%
    • Unilever PLC 0.11%
    • L'Oreal 0.10%
    • Shin-Etsu Chemical Co Ltd 0.08%
    • Colgate-Palmolive Co 0.07%
    • Hermes International 0.07%
    • Sherwin-Williams Co/The 0.07%
    • Basf Se 0.05%
    • Ecolab Inc 0.05%
    • Dow Inc 0.04%
    • Kimberly-Clark Corp 0.04%
    • Bayer AG-Reg 0.03%
    • Dupont De Nemours Inc 0.03%
    • Estee Lauder Companies-Cl A 0.03%
    • Givaudan-Reg 0.03%
    • Koninklijke Ahold Delhaize N 0.03%
    • PPG Industries Inc 0.03%
    • Church & Dwight Co Inc 0.02%
    • Clorox Company 0.02%
    • Entegris Inc 0.02%
    • Intl Flavors & Fragrances 0.02%
    • Kao Corp 0.02%
    • Kering 0.02%
    • Novozymes A/S-B Shares 0.02%
    • Nutrien Ltd 0.02%
    • Otsuka Holdings Co Ltd 0.02%
    • Akzo Nobel N.V. 0.01%
    • Beiersdorf AG 0.01%
    • Henkel AG & Co Kgaa Vor-Pref 0.01%
    • Moncler Spa 0.01%
    • Rentokil Initial PLC 0.01%
    • Symrise AG 0.01%
    • Unicharm Corp 0.01%
    • Amphenol Corp-Cl A 0.06%
    • Booz Allen Hamilton Holdings 0.02%
    • Howmet Aerospace Inc 0.02%
    • Contact Energy Ltd 0.85% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.13% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dassault Systemes Se 0.03%
    • Marubeni Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Fairfax Financial Hldgs Ltd 0.02%
    • Teck Resources Ltd-Cls B 0.02%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 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.

About this fund

The Balanced Investment 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. As a not-for-profit, we only charge what it costs, nothing more. And 100% online means no costly branches or commissions.

Value $499M NZD
Period of data report 30th June 2024
Fund started 3rd April 2017
Total annual fund fees 0.29%
Total performance based fees 0.0%
Manager's basic fee 0.29%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Sam Stubbs

Currently: Managing Director, Simplicity (8 years, 3 months)
Previously: Chief Executive Officer, TOWER Investments (5 years, 1 months)

Joy Marslin

Currently: Director, Simplicity (7 years, 7 months)
Previously: Head of Private Wealth Management, Westpac NZ (3 years, 7 months)

Reuben Halper

Currently: Director, Simplicity (7 years, 1 months)
Previously: Agency Lead, Google NZ (current position) (8 years, 9 months)

Andrew Lance

Currently: Chief Investment Officer, Simplicity (0 years, 4 months)
Previously: Chief Operating Officer, Simplicity (7 years, 8 months)

Matthew Houtman

Currently: Head of Private Capital, Simplicity (3 years, 7 months)
Previously: Co-Managing Director, Pioneer Capital Management (16 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

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
2024 9.61% 12.25%
2023 -2.59% -3.62%
2022 1.06% 1.13%
2021 18.16% 19.36%
2020 -1.83% -0.61%
2019 4.49% 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 30th June 2024.

Top 10 Investments

  • Microsoft Corporation
    United States International Equities
    2.85%
  • Simplicity Living Ltd Ordinary Shares
    New Zealand Unlisted Property
    2.8%
  • Apple Inc
    United States International Equities
    2.64%
  • Nvidia Corp
    United States International Equities
    2.53%
  • Fisher & Paykel Healthcare Ltd
    New Zealand Australasian Equities
    1.91%
  • Auckland International Airport Ltd
    New Zealand Australasian Equities
    1.17%
  • Infratil Ltd
    New Zealand Australasian Equities
    1.14%
  • Alphabet Inc Class A
    United States International Equities
    0.92%
  • NZGB 4.50% 15/04/2027
    New Zealand NZ Fixed Interest AA+
    0.92%
  • Meridian Energy Limited
    New Zealand Australasian Equities
    0.91%
Type Target Actual
Cash and Cash Equivalents 2.0% 3.36%
New Zealand Fixed Interest 16.5% 16.1%
International Fixed Interest 22.5% 21.76%
Australasian Equities 12.7% 13.04%
International Equities 42.8% 42.94%
Listed Properties 0.0% 0.0%
Unlisted Properties 3.5% 2.8%
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.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.