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 Corp. 0.01%
Alliant Energy Corp. 0.01%
Cms Energy Corp. 0.02%
Coca-Cola Co. 0.25%
Fortis Inc./Canada 0.02%
Franco-Nevada Corp. 0.03%
Lyondellbasell Industries Nv Class A 0.02%
Orix Corp. 0.01%
Ppl Corp. 0.02%
Sse PLC 0.03%
Weapons
Tobacco
Alimentation Couche-Tard Inc. Class B 0.02%
Seven & I Holdings Co. Ltd. 0.02%
Alcohol
Metcash Ltd. 0.02%
Palm Oil
GMOs
Corteva Inc. 0.03%
Human Rights & Environmental Violations
Nestle SA 0.42%
Nutrien Ltd. 0.03%
Sempra Energy 0.05%
Animal Testing
Air Products & Chemicals Inc. 0.080%
Akzo Nobel Nv 0.020%
Bayer AG 0.060%
Celanese Corp. Class A 0.010%
Church & Dwight Co. Inc. 0.030%
Clorox Co. 0.050%
Coca-Cola Co. 0.250%
Colgate-Palmolive Co. 0.090%
Corteva Inc. 0.030%
Danone SA 0.050%
Dow Inc. 0.050%
Dupont De Nemours Inc. 0.050%
Estee Lauder Cos. Inc. Class A 0.060%
Fmc Corp. 0.010%
Fujifilm Holdings Corp. 0.020%
General Mills Inc. 0.050%
Givaudan SA 0.050%
Glaxosmithkline PLC 0.110%
Henkel AG & Co. Kgaa 0.010%
Henkel AG & Co. Kgaa Preference Shares 0.010%
Hermes International 0.050%
Hp Inc. 0.030%
Kao Corp. 0.050%
Kellogg Co. 0.010%
Kerry Group PLC Class A 0.020%
Kimberly-Clark Corp. 0.060%
Koninklijke Dsm Nv 0.030%
Kraft Heinz Co. 0.020%
L'Oreal SA 0.110%
Linde PLC 0.150%
Lyondellbasell Industries Nv Class A 0.020%
Mondelez International Inc. Class A 0.110%
Nestle SA 0.410%
Nutrien Ltd. 0.030%
Pepsico Inc. 0.260%
Procter & Gamble Co. 0.450%
Reckitt Benckiser Group PLC 0.080%
Seven & I Holdings Co. Ltd. 0.030%
Sherwin-Williams Co. 0.080%
Shin-Etsu Chemical Co. Ltd. 0.060%
Shiseido Co. Ltd. 0.030%
Symrise AG Class A 0.010%
Tesco PLC 0.030%
Unicharm Corp. 0.020%
Unilever Nv 0.110%
Unilever PLC 0.080%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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 |
|---|---|---|
| 2020 | -4.35% | -2.48% |
| 2019 | 6.14% | 8.07% |
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 Thu Dec. 31st 2020.
Showing the top 10 investments for this fund:
-
Vanguard Eth'Y Conscious Int Shares Index Fund NZD
Australia International Equities31.5% -
Vanguard Eth'Y Conscious Int Shares Index Fund AUD
Australia International Equities16.88% -
Vanguard Eth'Y Conscious Global Index Bond Fund
Australia Int Fixed Interest12.12% -
Vanguard Ethically Conscious Australian Share Fund
Australia Australasian Equities8.17% -
Cash At Bank
New Zealand Cash and Equivalents3.51% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities3.06% -
Meridian Energy Limited
New Zealand Australasian Equities1.55% -
Auckland International Airport Ltd
New Zealand Australasian Equities1.54% -
Spark New Zealand Ltd
New Zealand Australasian Equities1.47% -
A2 Milk Company Ltd
New Zealand Australasian Equities1.45%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 3.47% |
| New Zealand Fixed Interest | 7.5% | 7.11% |
| International Fixed Interest | 12.5% | 12.12% |
| Australasian Equities | 29.5% | 28.92% |
| International Equities | 48.5% | 48.38% |
| Listed Properties | 0.0% | 0.0% |
| 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 Thu Dec. 31st 2020.
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:0.03%
-
Animal Testing:3.99%
-
Fossil Fuels:0.59%
-
Gambling:0.00%
-
GMOs:0.03%
-
Human Rights & Environmental Violations:0.52%
-
Palm Oil:0.02%
-
Tobacco:0.07%
-
Weapons: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 Wed Sept. 30th 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 Fund provides investors with a limited exposure to income assets but most of its investments are in growth assets. Simplicity is a nonprofit fund manager, owned by the Simplicity Charitable Trust. 15% of our fee goes to the Simplicity Charitable Trust. 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 | $390M NZD |
| Period of data report | Thu Dec. 31st 2020 |
| Fund started | Mon April 3rd 2017 |
| Total annual fund fees | 0.28% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.27% |
| Administration charges | 0.01% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Sam Stubbs |
Currently: Managing Director Simplicity (4 years, 9 months) |
|
Joy Marslin |
Currently: Director Simplicity (4 years, 1 months) |
|
Reuben Halper |
Currently: Director Simplicity (3 years, 9 months) |
|
Mel Hewitson |
Currently: Director Simplicity (1 years, 10 months) |
|
Anna Tierney |
Currently: Director Simplicity (1 years, 10 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
