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 0.05%
Apt Pipelines Ltd 4.25% Due 07-15-2027 0.03%
Archer-Daniels 1.0% 12/09/2025 0.01%
BHP Group Limited Ordinary Fully Paid 0.02%
BHP Group PLC 0.03%
BP Cap Mkts Amer Fixed 3.017% Due 01-16-2027 0.03%
Clp Holdings Limited Hkd 0.02%
Enbridge Inc 0.01%
Engie Aug5 0.02%
Exxon Mobil Corp 3.043% Due 03-01-2026 0.03%
Firstenergy Corp 3.9% 07-15-2027 0.01%
Firstenergy Corp 7.375% Due 11-15-2031 0.01%
Gaz Capital SA 3.125% Snr 17/11/2023 EUR 0.02%
Gaz Capital SA 5.15% Snr 11/02/26 Usd1000 0.01%
Kinder Morgan Inc 1.5% Due 03-16-2022 0.02%
Kirby Corp 0.01%
Koninklijke Vopak Nv 0.01%
Korea Gas Corp 3.875% Due 02-12-2024 0.02%
Lyondellbasell Industries 0.01%
Nextera Energy Cap Hldgs Inc 2.75% Due 11-01-2029 0.03%
Oneok Partners L P 3.375% Due 10-01-2022 0.02%
Pvtpl Eni S P A Nt X 4.75% Due 09-12-2028 0.02%
Royal Dutch Shell PLC-B Shs 0.01%
Rubis Eur1.25 0.05%
Snam Spa 0.02%
Statoil Asa 2.65% Due 01-15-2024 0.03%
Total SA 0.02%
Xcel Energy Inc 0.01%
Xcel Energy Inc 2.6% Due 12-01-2029 0.06%
Weapons
Raytheon Company 0.02%
Tobacco
Gambling
Skycity Entertainment Group Limited 0.04%
Alcohol
Anheuser-Busch Cos Llc Corp 4.7% 02-01-2036 0.03%
Anheuser-Busch Cos Llc Corp 4.9% 02-01-2046 0.01%
Carlsberg As - B 0.02%
Diageo Ord 28 101/108P 0.03%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.02%
Pernod-Ricard SA 0.03%
GMOs
Novartis AG - Chf0.50 (Regd) 0.15%
Novartis Cap Corp 4.4% Due 05-06-2044 0.03%
Nutrien Ltd 3.375% Due 03-15-2025 0.03%
Syngenta Finance Nv 0.05%
Human Rights & Environmental Violations
Archer-Daniels 1.0% 12/09/2025 0.01%
BHP Group Limited Ordinary Fully Paid 0.02%
BHP Group PLC 0.03%
Johnson & Johnson Com US$1 0.09%
Nestle SA 0.05%
Nutrien Ltd 3.375% Due 03-15-2025 0.03%
Rio Tinto Fin Usa 3.75% Due 06-15-2025 0.02%
Rio Tinto Limited 0.04%
Rio Tinto PLC Ord 10P Gbp 0.03%
Royal Dutch Shell PLC-B Shs 0.01%
Sempra Energy USD 0.01%
Animal Testing
Archer-Daniels 1.0% 12/09/2025 0.010%
Coca Cola Co USD 0.050%
Coca-Cola Femsa S A B De C V 2.75% 01-22-2030 0.010%
Colgate Palmolive Usd1 0.020%
Colgate-Palmolive Co 4% Due 08-15-2045 0.020%
Glaxosmithkline 6.375% Due 05-15-2038 0.020%
Glaxosmithkline PLC 0.030%
Johnson & Johnson Com US$1 0.090%
Kimberly Clark 6.625% Due 08-01-2037 0.020%
Kimberly Clark Corp Com Usd1.25 0.010%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.020%
Nestle SA 0.050%
Pepsico Inc Cap US$0.01 2/3 0.040%
Procter & Gamble Company 0.050%
Reckitt Benckiser Group PLC 0.020%
Royal Dutch Shell PLC-B Shs 0.010%
Syngenta Finance Nv 0.050%
Unilever PLC 0.010%
Walgreens Boots Al Com Usd0.01 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 Tue March 31st 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 and research organisations.
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
AMP Capital Investors NZ Cash Fund
New Zealand Cash and Equivalents31.26% -
Robeco Global Credit Fund
Australia Int Fixed Interest3.52% -
New Zealand Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AA+1.76% -
New Zealand Government Bond 6% 15/05/2021
New Zealand NZ Fixed Interest AA+1.62% -
New Zealand Government Bond 3.5% 14/04/2033
New Zealand NZ Fixed Interest AA+1.55% -
New Zealand Government Bond 2.75% 15/04/2037
New Zealand NZ Fixed Interest AA+1.36% -
Housing New Zealand Ltd Bond 3.42% 18/10/2028
New Zealand NZ Fixed Interest AA+1.23% -
United States Dollar
United States Int Fixed Interest1.11% -
New Zealand Government Indexed Bond 2% 20/09/2025
New Zealand NZ Fixed Interest AA+1.06% -
Westpac Business Interest Account
New Zealand Cash and Equivalents AA-0.9%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 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% | 32.56% |
| New Zealand Fixed Interest | 15.0% | 14.98% |
| International Fixed Interest | 35.0% | 34.06% |
| Australasian Equities | 5.0% | 3.76% |
| International Equities | 11.0% | 10.49% |
| Listed Properties | 0.88% | 0.68% |
| Unlisted Properties | 0.87% | 1.05% |
| Other | 1.75% | 1.97% |
| Commodities | 0.5% | 0.0% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 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:0.17%
-
Animal Testing:0.78%
-
Fossil Fuels:0.98%
-
Gambling:0.05%
-
GMOs:0.29%
-
Human Rights & Environmental Violations:0.40%
-
Palm Oil:0.00%
-
Tobacco:0.01%
-
Weapons:0.05%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 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 | $6.3M NZD |
| Period of data report | Tue June 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 | 0.64% |
| Administration charges | 0.26% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Kristen Kohere-Soutar |
Currently: Chair - Mercer (N.Z.) Ltd (0 years, 4 months) |
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (11 years, 1 months) |
|
Philip Houghton-Brown |
Currently: Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (7 years, 8 months) |
|
Kylie Willment |
Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (2 years, 5 months) |
|
Ronan Mccabe |
Currently: Head of Portfolio Management Delegated Solutions Pacific Mercer Australia (Pty) Ltd (1 years, 0 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
