Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including any membership and % management 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 0.04%
Apa Group 0.07%
Beach Energy Ltd 0.01%
BHP Group Ltd 0.63%
Brickworks Ltd 0.01%
Chevron Corp 0.01%
Cnooc Ltd 0.01%
Cnooc Nexen Finance 2014 Ulc 4.25 30/04/2024 0.01%
Coca-Cola Amatil Ltd 0.03%
Coca-Cola Co 0.01%
Exxon Mobil Corporation 0.01%
Gazprom PJSC 0.01%
Genesis Energy Ltd 0.18%
Lukoil PJSC 0.01%
Nextera Energy Inc 0.01%
Oil Search Ltd 0.03%
Origin Energy Ltd 0.05%
Petrobras - Petroleo Bras-Pr 0.01%
Reliance Industries Ltd 0.01%
Rio Tinto Ltd 0.21%
Santos Ltd 0.05%
Saudi Arabian Oil Co 0.01%
South32 Ltd 0.06%
Total Se 0.01%
Vale SA 0.01%
Viva Energy Group Ltd 0.01%
Washington H. Soul Pattinson 0.02%
Whitehaven Coal Ltd 0.01%
Woodside Petroleum Ltd 0.10%
Weapons
Boeing Co/The 5.15 01/05/2030 0.01%
Boeing Co/The 5.805 01/05/2050 0.01%
The Boeing Company 0.01%
Gambling
Aristocrat Leisure Ltd 0.12%
Crown Resorts Ltd 0.02%
Skycity Entertainment Group 0.28%
Tabcorp Holdings Ltd 0.05%
The Star Entertainment Group Ltd 0.02%
Alcohol
Anheuser-Busch Cos Llc / Anheuser-Busch 4.7 01/02/2036 0.01%
Anheuser-Busch Cos Llc / Anheuser-Busch 4.9 01/02/2046 0.01%
Coca-Cola Amatil Ltd 0.03%
Diageo PLC 0.01%
Graincorp Ltd 0.01%
Kweichow Moutai Co Ltd 0.01%
LVMH Moet Hennessy Vuitton ( Se ) 0.01%
Metcash Ltd 0.02%
Treasury Wine Estates Ltd 0.04%
Human Rights & Environmental Violations
BHP Group Ltd 0.63%
Chevron Corp 0.01%
Johnson & Johnson 0.03%
Nestle SA-Reg 0.02%
Rio Tinto Ltd 0.21%
Vale SA 0.01%
Animal Testing
Air Liquide SA 0.010%
Chevron Corp 0.010%
Coca-Cola Amatil Ltd 0.030%
Coca-Cola Co 0.010%
Glaxosmithkline PLC 0.010%
Johnson & Johnson 0.030%
L'Oreal 0.010%
Linde PLC 0.010%
LVMH Moet Hennessy Vuitton ( Se ) 0.010%
Mondelez International - W/I 0.010%
Nestle SA-Reg 0.020%
Nufarm Ltd 0.010%
Pepsico Inc 0.010%
Procter & Gamble Co 0.020%
Reliance Industries Ltd 0.020%
Unilever Nv 0.010%
Unilever PLC 0.010%
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.
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 | -0.18% | -0.3% |
2019 | 4.54% | 5.55% |
2018 | 3.22% | 3.66% |
2017 | 3.53% | 4.03% |
2016 | 2.92% | 3.39% |
2015 | 8.63% | 8.3% |
2014 | 5.69% | 3.26% |
2013 | 8.30% | 6.25% |
2012 | 2.27% | 1.81% |
2011 | 4.69% | 4.67% |
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 Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
Westpac Money Market Deposit Account NZD
New Zealand Cash and Equivalents A-1+6.56% -
ASB Bank Account NZD
New Zealand Cash and Equivalents A-1+2.77% -
Certificate Of Deposit Rcd ASB Bank 06/11/2020
New Zealand Cash and Equivalents A-1+2.6% -
Certificate Of Deposit Rcd ASB Bank 22/12/2020
New Zealand Cash and Equivalents A-1+2.58% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities2.38% -
New Zealand Government 5.5 15/04/2023
New Zealand NZ Fixed Interest AA+1.84% -
New Zealand Government 4.5 15/04/2027
New Zealand NZ Fixed Interest AA+1.54% -
New Zealand Government 2.75 15/04/2025
New Zealand NZ Fixed Interest AA+1.51% -
New Zealand Government 3 20/04/2029
New Zealand NZ Fixed Interest AA+1.5% -
A2 Milk Co Ltd
New Zealand Australasian Equities1.47%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 12.0% | 16.79% |
New Zealand Fixed Interest | 21.5% | 30.48% |
International Fixed Interest | 36.5% | 22.46% |
Australasian Equities | 14.5% | 25.16% |
International Equities | 15.5% | 5.11% |
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 Wed Sept. 30th 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:0.15%
-
Animal Testing:0.25%
-
Fossil Fuels:1.65%
-
Gambling:0.49%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.91%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.03%
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
"To provide modest to moderate total returns allowing for modest to moderate movements of value up and down. The number of years with negative returns are generally expected to be higher than the Conservative Fund but lower than the Moderate Fund in the ASB Investment Funds. We manage asset allocation and currency hedging over the medium to long term relative to the target investment mix. We focus on cost effective management. The Conservative Plus Fund invests in income and growth assets with a target investment mix of 70% income assets and 30% growth assets."
Value | $800M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | 3,237 |
Fund started | Fri Oct. 12th 2007 |
Total annual fund fees | 1.04% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.0% |
Administration charges | 0.04% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Nigel Annett |
Currently: Investment Committee member (6 years, 6 months) |
Jonathan Beale |
Currently: Investment Committee member (6 years, 1 months) |
Adam Boyd |
Currently: Investment Committee member (4 years, 4 months) |
Graeme Edwards |
Currently: Investment Committee Chairman (0 years, 11 months) |
John Smith |
Currently: Investment Committee member (9 years, 4 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.