Accordia A200

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Type: Balanced fund
Past Returns: 3.56%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.48%

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

Ampol Ltd 0.02%
Apa Group 0.02%
BHP Group Ltd 0.30%
Coca-Cola Co/The 0.07%
Enbridge Inc 0.01%
Glencore PLC 0.09%
Oil Search Ltd 0.09%
Origin Energy 0.02%
Santos Limited 0.03%
South32 Ltd 0.03%
Vale S.A. 0.07%
Valero Energy Corp 0.01%
Woodside Petroleum 0.05%

Weapons

Tobacco

Gambling

Aristocrat Leisure 0.18%
Skycity 0.07%
Tabcorp Holdings L 0.02%

Alcohol

LVMH Moet Hennessy Louis Vui 0.10%
LVMH Moet Hennessy Louis Vuitton 0.02%
Treasury Wine Esta 0.02%

GMOs

Human Rights & Environmental Violations

BHP Group Ltd 0.30%
Glencore PLC 0.09%
Johnson & Johnson 0.17%
Nestle SA 0.04%
Rio Tinto Limited 0.18%
Vale S.A. 0.07%

Animal Testing

Church & Dwight Co Inc 0.010%
Coca-Cola Co/The 0.070%
Ecolab Inc 0.030%
Estee Lauder - Class A Shares 0.020%
Estee Lauder Companies-Cl A 0.040%
General Mills Inc 0.020%
Hp Inc 0.010%
Intl Flavors & Fragrances 0.020%
Johnson & Johnson 0.170%
L'Oreal 0.030%
LVMH Moet Hennessy Louis Vui 0.100%
LVMH Moet Hennessy Louis Vuitton 0.020%
Nestle SA 0.040%
Orica Limited 0.020%
PPG Industries Inc 0.030%
Pepsico Inc 0.050%
Pepsico Inc 0.050%
Procter & Gamble Co/The 0.090%
Reckitt Benckiser Group 0.050%
Reckitt Benckiser Group PLC 0.010%
Scotts Miracle-Gro Co 0.010%
Sherwin-Williams Co/The 0.050%
Unilever PLC-Sponsored Adr 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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
2021 17.44% 12.82%
2020 -2.28% -3.08%
2019 4.43% 0.93%
2018 4.41% 3.27%
2017 5.71% 5.16%
2016 3.06% 0.93%
2015 8.56% 7.14%
2014 6.13% 4.4%
2013 8.77% 5.0%
2012 0.50% 1.15%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • AMP Capital NZ Cash Fund
    New Zealand Cash and Equivalents
    21.05%
  • Dimensional Glb Sust Hg-NZD
    Australia International Equities
    13.15%
  • AMP Capital NZ Fixed Interest Pie
    New Zealand NZ Fixed Interest
    11.25%
  • AMP Capital NZ Short Duration
    New Zealand Cash and Equivalents
    10.93%
  • Dimensional Glb Sust Unhedg
    Australia International Equities
    9.65%
  • Spdr S&P/Asx 200 Index
    Australia Australasian Equities
    4.31%
  • Blackrock Multi Opportunity Fund
    Australia Other
    4.05%
  • Cash At Bank - NZD
    New Zealand Cash and Equivalents AA-
    3.31%
  • Aberdeen Standard Emerging Opportunity Fund
    Australia International Equities
    3.09%
  • Aqr Wholesale Delta Fund Series 14
    Australia Other
    2.93%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 36.0% 40.77%
New Zealand Fixed Interest 15.0% 11.25%
International Fixed Interest 0.0% 0.0%
Australasian Equities 4.0% 4.31%
International Equities 23.0% 29.92%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 17.0% 13.08%
Commodities 5.0% 0.67%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

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).

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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.15%
  • Animal Testing:
    1.67%
  • Fossil Fuels:
    1.00%
  • Gambling:
    0.31%
  • GMOs:
    0.01%
  • Human Rights & Environmental Violations:
    0.89%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.04%
  • Weapons:
    0.17%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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

"A200 invests in assets seeking to minimise short term movements up and down in value preserve purchasing power of capital and provide an expected return higher than bank term deposits."

Value $27M NZD
Period of data report Wed March 31st 2021
Fund started Mon Jan. 18th 2010
Total annual fund fees 1.48%
Total performance based fees 0.0%
Manager's basic fee 0.91%
Other management and administration charges 0.57%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Mark Wooster

Currently: CIO (Caliber Investment) (11 years, 4 months)
Previously: CIO (Sovereign and ASB Group Investments) (5 years, 0 months)

Alan Austin

Currently: Independent Director (Accordia Asset Management Limited) (4 years, 1 months)
Previously: Senior Investment Consultant (Eriksen & Associates) (6 years, 0 months)

Jason Ferguson

Currently: Investment Strategist (Caliber investment) (6 years, 9 months)
Previously: Portfolio Manager (First State / ASB Group Investments) (9 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.