Not Mindful
Fund type: Balanced 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
Weapons
Gambling
Aristocrat Leisure Ltd 0.06%
Crown Resorts Limited 0.01%
Sands China Limited 0.02%
Skycity Entertainment Group Limited 0.18%
Tabcorp Holdings Ltd 0.03%
Adult Entertainment/Pornography
Alcohol
Ambev SA Com Npv 0.02%
Anheuser Busch Inbev SA Nv 0.09%
Asahi Group Holdings Ltd 0.02%
Brown Forman Corp 0.05%
Carlsberg As - B 0.02%
Diageo Ord 28 101/108P 0.43%
Endeavour Group Limited Ordinary Fully Paid Deferred Settlem 0.03%
Heineken Nv 0.03%
Kirin Holdings Co Ltd 0.03%
LVMH Moet Hennessy Vuitton Se 0.04%
Molson Coors Beverage Co 0.04%
Treasury Wine Estates Limited 0.02%
GMOs
Human Rights & Environmental Violations
Activision Blizzard Inc 0.01%
Evergreen Marine Corporation 0.01%
Johnson & Johnson Com US$1 0.09%
Li Ning Co Ltd 0.02%
Motorola Solutions Inc 0.08%
Nestle SA 0.19%
Rio Tinto Ltd 0.11%
Rio Tinto PLC Ord 10P Gbp 0.02%
Uber Technologies Inc 0.03%
Uber Technologies Inc 150927 7.50 Cb 0.01%
Animal Testing
Air Liquide 0.02%
Akzo Nobel Nv Eur0.50 0.06%
Asahi Group Holdings Ltd 0.02%
Associated British Foods PLC 0.02%
Burberry Group PLC 0.03%
Church & Dwight Co 0.05%
Clorox Co Del 0.03%
Danone 0.07%
Dow Inc 0.09%
Dupont De Nemours Inc 0.07%
Ecolab Ltd 0.18%
Estee Lauder Companies 0.01%
Fuji Film Holdings Corp 0.01%
General Mills Inc 0.16%
Givaudan - Reg 0.13%
Glaxosmithkline PLC 0.08%
Intl Flavors & Fragrances USD 0.06%
Johnson & Johnson Com US$1 0.09%
Johnson Matthey PLC 0.02%
Kao Corporation Jpy50 0.05%
Kellogg Company 0.06%
Kerry Group PLC-A 0.07%
Keurig Dr Pepper Inc 0.08%
Kimberly Clark Corp Com Usd1.25 0.16%
Kirin Holdings Co Ltd 0.03%
Koninklijke Dsm Nv 0.12%
L'Oreal 0.10%
LVMH Moet Hennessy Vuitton Se 0.04%
Linde PLC 0.18%
Mondelez International Inc 0.02%
Mosaic Co Com 0.10%
Nestle SA 0.19%
Nutrien Ltd Com Npv 0.17%
Orica Limited 0.02%
Orkla Asa 0.03%
PPG Industries Inc 0.08%
Pepsico Inc 0.35%
Puma Se 0.03%
Reckitt Benckiser Group PLC 0.03%
Sainsbury (J) PLC 0.02%
Sherwin Williams Com Usd1 0.02%
Shin-Etsu Chem Co Y50 0.01%
Sociedad Quimica Y Minera De Chile SA 0.01%
Svenska Cellulosa Ab - B Shares 0.05%
Umicore Npv 0.01%
Unilever PLC 0.03%
W R Grace Holdings Llc 150627 4.875 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 | 0.34% | -0.34% |
2021 | 17.46% | 17.76% |
2020 | -1.59% | -3.48% |
2019 | 4.47% | 5.45% |
2018 | 4.41% | 4.44% |
2017 | 5.71% | 6.98% |
2016 | 3.06% | -0.57% |
2015 | 8.56% | 9.53% |
2014 | 6.13% | 4.97% |
2013 | 8.77% | 7.74% |
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 AAA2.09% -
Apple Inc
United States International Equities1.85% -
New Zealand Government Bond - Maturing 20 Apr 2029
New Zealand NZ Fixed Interest AAA1.72% -
New Zealand Government Bond - Maturing 15 Apr 2025
New Zealand NZ Fixed Interest AAA1.68% -
Microsoft Corp
United States International Equities1.68% -
New Zealand Government Bond - Maturing 15 Apr 2027
New Zealand NZ Fixed Interest AAA1.67% -
New Zealand Government Bond - Maturing 15 May 2024
New Zealand NZ Fixed Interest AAA1.64% -
BNP USD Account
United States Cash and Equivalents1.57% -
New Zealand Government Bond - Maturing 15 May 2031
New Zealand NZ Fixed Interest AAA1.29% -
New Zealand Government Bond - Maturing 15 Apr 2037
New Zealand NZ Fixed Interest AAA1.22%
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 | 8.0% | 6.88% |
New Zealand Fixed Interest | 15.0% | 15.13% |
International Fixed Interest | 18.0% | 18.1% |
Australasian Equities | 14.0% | 14.02% |
International Equities | 45.0% | 45.87% |
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.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.05%
-
Alcohol:0.91%
-
Animal Testing:3.74%
-
Fossil Fuels:0.03%
-
Gambling:0.50%
-
GMOs:0.01%
-
Human Rights & Environmental Violations:0.71%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons: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.
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
"The fund has a well-diversified portfolio that has a balance of risk through holding growth assets and an allocation to lower-risk income assets. The fund aims to achieve medium returns, in exchange there will be some movements up and down in the value of your investments."
Value | $61M NZD |
Period of data report | Thu March 31st 2022 |
Fund started | Sat Nov. 30th 1996 |
Total annual fund fees | 1.98% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.47% |
Other management and administration charges | 0.51% |
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.