Not Mindful
Fund type: Defensive fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Gambling
Sands China Ltd 080828 5.4 Cb 0.01%
Alcohol
Anheuser Busch Companies Inc 010236 4.70 Cb 0.01%
Anheuser Buschinbev World Wide Inc 230149 5.55 Cb 0.01%
Asahi Group Holdings Ltd 231024 0.155 Cb 0.01%
LVMH Moet Hennessy Louis Vuitton Se 070425 0.75 Cb 0.01%
Pernod Ricard SA 070425 1.125 Cb 0.01%
Human Rights & Environmental Violations
Credit Suisse Group AG 010431 4.194 Cb 0.01%
Credit Suisse Group AG 020227 1.305 Cb 0.01%
Credit Suisse Group AG 090128 4.282 Cb 0.01%
Credit Suisse Group AG 100929 0.65 Cb 0.01%
Credit Suisse Group Funding Guernsey Ltd 260325 3.75 Cb 0.01%
Rio Tinto Fin Usa 021140 5.2 Cb 0.01%
Animal Testing
Air Liquide Finance SA 270926 2.50 Cb 0.01%
Asahi Group Holdings Ltd 231024 0.155 Cb 0.01%
Danone SA 021126 2.947 Cb 0.01%
Ecolab Inc 240330 4.80 Cb 0.01%
Glaxosmithkline Capital PLC 120535 1.625 Cb 0.01%
Kraft Heinz Foods Co 150745 5.20 Cb 0.01%
LVMH Moet Hennessy Louis Vuitton Se 070425 0.75 Cb 0.01%
PPG Industries Inc 150326 1.20 Cb 0.01%
Reckitt Benckiser Treasury Services Nederla 190526 0.375 Cb 0.01%
Reckitt Benckiser Treasury Services PLC 260624 2.75 Cb 0.01%
Unilever Nv 120227 1.125 Cb 0.01%
Yara International SA 040630 3.148 Cb 0.01%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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 |
---|---|---|
2022 | -2.19% | -3.53% |
2021 | 1.34% | 0.8% |
2020 | 1.00% | 1.01% |
2019 | 2.36% | 1.61% |
2018 | 1.94% | 1.41% |
2017 | 1.52% | 1.47% |
2016 | 2.91% | 2.49% |
2015 | 5.21% | 3.38% |
2014 | 1.36% | 2.52% |
2013 | 4.22% | 3.34% |
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 March 31st 2022.
Showing the top 10 investments for this fund:
-
New Zealand Government Bond - Maturing 15 Apr 2023
New Zealand NZ Fixed Interest AAA5.54% -
New Zealand Government Bond - Maturing 20 Apr 2029
New Zealand NZ Fixed Interest AAA4.55% -
New Zealand Government Bond - Maturing 15 Apr 2025
New Zealand NZ Fixed Interest AAA4.46% -
New Zealand Government Bond - Maturing 15 Apr 2027
New Zealand NZ Fixed Interest AAA4.43% -
New Zealand Government Bond - Maturing 15 May 2024
New Zealand NZ Fixed Interest AAA4.33% -
New Zealand Government Bond - Maturing 15 May 2031
New Zealand NZ Fixed Interest AAA3.41% -
New Zealand Government Bond - Maturing 15 Apr 2037
New Zealand NZ Fixed Interest AAA3.21% -
New Zealand Government Bond - Maturing 14 Apr 2033
New Zealand NZ Fixed Interest AAA2.83% -
Bank Of New Zealand Call Account
New Zealand Cash and Equivalents2.06% -
ASB Bank Ltd - Maturing 23 May 2022
New Zealand Cash and Equivalents P-11.87%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 20.0% | 19.93% |
New Zealand Fixed Interest | 40.0% | 40.18% |
International Fixed Interest | 40.0% | 39.89% |
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 March 31st 2022.
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.
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Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.15%
-
Animal Testing:0.42%
-
Fossil Fuels:0.01%
-
Gambling:0.02%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.14%
-
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 Thu March 31st 2022 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
"This is a single sector fund which aims to primarily preserve the value of your investment with some capital growth by predominantly investing in New Zealand and international fixed interest assets, with an allocation to cash and cash equivalents."
Value | $22M NZD |
Period of data report | Thu March 31st 2022 |
Fund started | Tue March 8th 2011 |
Total annual fund fees | 1.19% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.76% |
Other management and administration charges | 0.43% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Timothy Pritchard |
Currently: Investment Committee
Member (3 years, 0 months) |
Jeffery Darren Ruscoe |
Currently: Investment Committee
Member (3 years, 0 months) |
Blair Robert Vernon |
Currently: Investment Committee
Member (10 years, 9 months) |
Mark David Ennis |
Currently: Investment Committee
Member (1 years, 8 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.