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
Aker BP Asa 0.09%
Alliant Energy Corporation 0.01%
Amerada Hess Corp 7.3% Due 08-15-2031 0.01%
Apt Pipelines Ltd 4.25% Due 07-15-2027 0.02%
Atmos Energy Corp 0.02%
BHP Group PLC 0.02%
Bkw AG 0.02%
BP Cap Mkts Amer Fixed 3.017% Due 01-16-2027 0.03%
Chevron Corp New 2.236% Due 05-11-2030 0.01%
Clp Holdings Limited Hkd 0.02%
Coca Cola Co USD 0.01%
Dominion Energy Inc Com 0.03%
E.On Se 0% Snr 18/12/23 Eur1000'66' 0.02%
E.On Se Mtn .25% 24/10/2026 0.03%
Emera Inc 0.01%
Enbridge Energy Partners Lp 0.07%
Enbridge Inc 0.02%
Enel Fin Intl N V Fixed 3.625% Due 05-25-2027 0.01%
Engie SA Mtn .375% 11/06/2027 0.02%
Equinor Asa 2.375% Due 05-22-2030 Reg 0.02%
Gaz Capital SA 3.125% Snr 17/11/2023 EUR 0.01%
Genesis Energy Ltd 0.04%
Guangdong Investment Limited 0.02%
Kinder Morgan Inc 1.5% Due 03-16-2022 0.02%
Koninklijke Vopak Nv 0.02%
Korea Gas Corp 3.875% Due 02-12-2024 0.01%
Lyondellbasell Industries 0.02%
Midamerican Energy 6.125% Due 04-01-2036 0.02%
Mplx Lp 1.75% Due 03-01-2026 0.01%
Mplx Lp 2.65% Due 08-15-2030 0.01%
Naturgy Finance B. 1.5% Gtd Snr 29/01/2028 EUR 0.02%
New World Development Co Ltd 0.02%
Nextera Energy Cap Fixed 2.75% Due 05-01-2025 0.02%
Nextera Energy Inc 0.03%
Oneok Partners L P 3.375% Due 10-01-2022 0.02%
Orsted A/S Common Stock Dkk10.0 0.02%
Pvtpl Eni S P A Nt X 4.75% Due 09-12-2028 0.02%
Rio Tinto Fin Usa 5.2 Due 11-02-2040 0.03%
Rio Tinto Limited 0.03%
Rio Tinto PLC Ord 10P Gbp 0.02%
Rubis Eur1.25 0.04%
Saudi Arabian Oil 3.5% Snr Mtn 16/04/2029 USD 0.03%
Wec Energy Group Inc 0.01%
Xcel Energy Inc 0.01%
Xcel Energy Inc 2.6% Due 12-01-2029 0.02%
Xcel Energy Inc 3.5% Due 12-01-2049 0.02%
Xcel Energy Inc. 0.01%
Weapons
Amphenol Corp-Cl A 0.03%
Transdigm Group Inc 0.01%
Tobacco
Alimentation Couche-Tard 2.95% Due 01-25-2030 Beo 0.02%
Casey'S General Stores Inc 0.02%
Seven & I Holdings Co Ltd 0.01%
Gambling
Aristocrat Leisure Ltd 0.02%
Skycity Entertainment Group Limited 0.05%
Alcohol
Anheuser-Busch 2.875% 02/04/2032 0.01%
Anheuser-Busch Cos Llc Corp 4.7% 02-01-2036 0.03%
Anheuser-Busch Cos Llc Corp 4.9% 02-01-2046 0.01%
Anheuser-Busch Inbev SA/Nv 0.07%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.01%
Pvtpl Pernod Ricard Intl Fin Llc 0% Due 04-01-2028/10-01-2020 Beo 0.01%
Treasury Wine Estates Limited 0.02%
Human Rights & Environmental Violations
BHP Group PLC 0.02%
Johnson & Johnson Com US$1 0.09%
Johnson + Johnson Common Stock Usd1.0 0.01%
Nestle SA 0.07%
Rio Tinto Fin Usa 5.2 Due 11-02-2040 0.03%
Rio Tinto Limited 0.03%
Rio Tinto PLC Ord 10P Gbp 0.02%
Sempra Energy USD 0.02%
Animal Testing
Church & Dwight Co 0.020%
Clorox Co Del 0.020%
Coca Cola Co USD 0.010%
Colgate Palmolive Usd1 0.030%
Colgate-Palmolive Co 4% Due 08-15-2045 0.020%
Dow Chemical Co 0.5% Snr 15/03/27 Eur100000 0.040%
Ecolab Inc 2.7% Due 11-01-2026 0.020%
Ecolab Inc Common Stock Usd1.0 0.020%
General Mills Inc 0.020%
Glaxosmithkline 6.375% Due 05-15-2038 0.020%
Glaxosmithkline PLC 0.030%
Henkel AG & Co Kgaa Non Vtg Pref 0.020%
Hermes International 0.010%
Intl Flavors & Fragrances USD 0.020%
Johnson & Johnson Com US$1 0.090%
Johnson + Johnson Common Stock Usd1.0 0.010%
Kellogg Company 0.020%
Kimberly Clark 6.625% Due 08-01-2037 0.020%
Kimberly Clark Corp Com Usd1.25 0.020%
Koninklijke Dsm Nv Common Stock Eur1.5 0.010%
Kraft Heinz Co Com Usd0.01 0.010%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.010%
Lyondellbasell Industries 0.020%
Nestle SA 0.070%
Orkla Asa 0.010%
Pepsico Inc Cap US$0.01 2/3 0.040%
Praxair Inc Nt 2% 08-10-2050 0.020%
Procter & Gamble Company 0.050%
Pvtpl Air Liquide Fin S A Fixed 2.25% 09-10-2029 0.020%
Pvtpl Kraft Heinz Foods Co Gtd Sr Nt 4.25% Due 03-01-2031 0.010%
Reckitt Benckiser 0.375% Gtd Snr 19/05/26 EUR 0.030%
Seven & I Holdings Co Ltd 0.010%
Symrise AG Common Stock 0.020%
Syngenta Finance Nv 0.070%
Unilever PLC Common Stock Gbp.0311 0.010%
Xerox Hldgs Corp 5% Due 08-15-2025 0.020%
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% | 0.41% |
| 2019 | 4.54% | 3.4% |
| 2018 | 3.22% | 3.14% |
| 2017 | 3.53% | 3.35% |
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:
-
AMP Capital Investors NZ Cash Fund
New Zealand Cash and Equivalents29.19% -
Robeco Global Credit Fund
Australia Int Fixed Interest4.71% -
New Zealand Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AA+1.66% -
New Zealand Government Bond 3.5% 14/04/2033
New Zealand NZ Fixed Interest AA+1.42% -
New Zealand Government Bond 0.5% 15/05/2024
New Zealand NZ Fixed Interest AA+1.33% -
New Zealand Government Indexed Bond 2% 20/09/2025
New Zealand NZ Fixed Interest AA+1.1% -
Westpac Business Interest Account
New Zealand Cash and Equivalents AA-0.98% -
New Zealand Government Indexed Bond 1.50% 15/05/2031
New Zealand NZ Fixed Interest AA+0.96% -
Housing New Zealand Ltd Bond 3.42% 18/10/2028
New Zealand NZ Fixed Interest AA+0.92% -
Aviva Investors Multi-Strategy Fixed Income Fund
Australia Int Fixed Interest0.84%
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 | 30.0% | 31.18% |
| New Zealand Fixed Interest | 15.0% | 14.83% |
| International Fixed Interest | 35.0% | 33.92% |
| Australasian Equities | 5.0% | 4.36% |
| International Equities | 11.5% | 11.98% |
| Listed Properties | 0.88% | 0.85% |
| Unlisted Properties | 0.87% | 0.86% |
| Other | 1.75% | 2.02% |
| 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:0.19%
-
Animal Testing:1.24%
-
Fossil Fuels:1.50%
-
Gambling:0.10%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.34%
-
Palm Oil:0.00%
-
Tobacco:0.05%
-
Weapons:0.06%
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
"Invests mostly in cash and fixed interest with only limited investment in growth assets such as shares and real assets. May be suitable for investors who want to achieve slightly higher returns than those expected from investing solely in cash. Investors need to be comfortable with the possibility of some fluctuations in returns."
| Value | $6.5M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | Not provided |
| Fund started | Fri Oct. 9th 2015 |
| Total annual fund fees | 0.9% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.71% |
| Administration charges | 0.19% |
| Total other charges | 28.5 |
| Total other charges currency | NZD |
Key Personnel
|
Kristen Kohere-Soutar |
Currently: Chair - Mercer (N.Z.) Ltd (0 years, 10 months) |
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (11 years, 7 months) |
|
Kylie Willment |
Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (2 years, 11 months) |
|
Ronan Mccabe |
Currently: Acting Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (0 years, 1 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.
