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.
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 | 1.67% | 1.84% |
| 2019 | 2.69% | 2.79% |
| 2018 | 2.37% | 2.55% |
| 2017 | 1.63% | 1.4% |
| 2016 | 2.91% | 4.52% |
| 2015 | 5.21% | 5.28% |
| 2014 | 1.36% | 1.75% |
| 2013 | 4.22% | 4.17% |
| 2012 | 3.86% | 4.51% |
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:
-
Toyota Finance New Zealand Ltd Bond Maturing 30 May 22
New Zealand NZ Fixed Interest A+9.32% -
ASB Bank Ltd Bond Maturing 26 May 21
New Zealand NZ Fixed Interest A+9.09% -
Westpac New Zealand Ltd Bond Maturing 28 Apr 21
New Zealand NZ Fixed Interest AA-9.07% -
Meridian Energy Ltd Note Maturing 15 Jan 21
New Zealand NZ Fixed Interest BBB+8.91% -
Mercury NZ Ltd Note Maturing 08 Mar 21
New Zealand NZ Fixed Interest BBB+8.9% -
Toyota Finance New Zealand Ltd Bond Maturing 26 Oct 21
New Zealand NZ Fixed Interest A+7.18% -
ANZ Bank New Zealand Ltd Bond Maturing 30 May 23
New Zealand NZ Fixed Interest A+6.35% -
Bank Of New Zealand Bond Maturing 27 Jul 22
New Zealand NZ Fixed Interest A+5.96% -
ASB Bank Ltd Bond Maturing 24 Feb 22
New Zealand NZ Fixed Interest A+5.89% -
Bank Of New Zealand Bond Maturing 16 Nov 23
New Zealand NZ Fixed Interest A+4.87%
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 | 0.0% | 0.54% |
| New Zealand Fixed Interest | 100.0% | 99.46% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| 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:0.00%
-
Animal Testing:0.00%
-
Fossil Fuels:0.00%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.00%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.00%
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
"This is a single sector fund with a diversified portfolio of New Zealand fixed interest securities of varying maturities to provide investors with medium term capital stability. The fund aims to primarily preserve the value of your investment with some capital growth by investing in New Zealand fixed interest assets."
| Value | $5.6M NZD |
| Period of data report | Thu Dec. 31st 2020 |
| Members | Not provided |
| Fund started | Wed Dec. 1st 2010 |
| Total annual fund fees | 1.46% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.41% |
| Administration charges | 1.05% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Timothy Pritchard |
Currently: Investment Committee Member (1 years, 9 months) |
|
Jeffery Darren Ruscoe |
Currently: Investment Committee Member (1 years, 9 months) |
|
Blair Robert Vernon |
Currently: Investment Committee Member (9 years, 6 months) |
|
Mark David Ennis |
Currently: Investment Committee Member (0 years, 5 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.
