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
Apa Group 0.14%
Atmos Energy Corp 0.22%
BHP Group Ltd 1.02%
Cheniere Energy Inc 0.15%
Enbridge Inc 0.59%
Gibson Energy Inc 0.33%
Kinder Morgan Inc 0.30%
Koninklijke Vopak Nv 0.17%
Origin Energy Ltd 0.34%
Pembina Pipeline Corp 0.19%
South32 Ltd 0.13%
Tc Energy Corp 0.53%
Woodside Petroleum Ltd 0.55%
Gambling
Redcape Hotel Group 0.08%
Skycity Entertainment Group Ltd 0.59%
Vici Properties Inc 0.05%
Alcohol
Endeavour Group Ltd/Australia 0.07%
Metcash Ltd 0.21%
Redcape Hotel Group 0.08%
Treasury Wine Estates Ltd 0.11%
Palm Oil
Human Rights & Environmental Violations
BHP Group Ltd 1.02%
Credit Suisse Group AG - 12/06/2024 0.04%
Rio Tinto Ltd 0.28%
Animal Testing
Argentum Netherlands Bv For Zurich Insurance Co Ltd - 01/10/2046 0.02%
Coca-Cola Co/The - 01/06/2030 0.01%
Dupont De Nemours Inc - 15/11/2028 0.02%
Glaxosmithkline Capital PLC - 12/05/2035 0.02%
Koninklijke Dsm Nv - 23/06/2032 0.01%
Pepsico Inc - 15/10/2027 0.01%
Unilever Finance Netherlands Bv - 12/02/2027 0.02%
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% | 4.03% |
2021 | 17.46% | 16.77% |
2020 | -1.59% | -3.82% |
2019 | 4.47% | 7.28% |
2018 | 4.41% | 3.19% |
2017 | 5.71% | 4.88% |
2016 | 3.06% | 4.46% |
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:
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New Zealand Government Inflation Linked Bond - Maturing 20 Sep 25
New Zealand NZ Fixed Interest AA+7.43% -
New Zealand Government Inflation Linked Bond - Maturing 20 Sep 40
New Zealand NZ Fixed Interest AA+3.72% -
Fisher & Paykel Healthcare Corp Ltd
New Zealand Australasian Equities2.39% -
Ishares Mbs ETF
United States Int Fixed Interest2.15% -
Spark New Zealand Ltd
New Zealand Australasian Equities1.74% -
Mainfreight Ltd
New Zealand Australasian Equities1.52% -
Meridian Energy Ltd
New Zealand Australasian Equities1.36% -
Fletcher Building Ltd
New Zealand Australasian Equities1.25% -
Auckland International Airport Ltd
New Zealand Australasian Equities1.19% -
Infratil Ltd
New Zealand Australasian Equities1.16%
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 | 10.0% | 2.79% |
New Zealand Fixed Interest | 25.0% | 30.36% |
International Fixed Interest | 25.0% | 16.87% |
Australasian Equities | 30.0% | 34.63% |
International Equities | 5.0% | 9.24% |
Listed Properties | 5.0% | 6.11% |
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
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Adult Entertainment/Pornography:0.00%
-
Alcohol:0.47%
-
Animal Testing:0.18%
-
Fossil Fuels:4.67%
-
Gambling:0.73%
-
GMOs:0.00%
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Human Rights & Environmental Violations:1.36%
-
Palm Oil:0.01%
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Tobacco:0.00%
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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
"The fund aims to provide a gross fixed monthly income in excess of bank deposit rates, along with a positive return on capital over the long term. To achieve this, the fund invests in a diversified mix of growth and defensive assets, with a focus on reliable income generation. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes."
Value | $69M NZD |
Period of data report | Thu March 31st 2022 |
Fund started | Mon June 30th 2014 |
Total annual fund fees | 0.89% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.8% |
Other management and administration charges | 0.09% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Rebekah Swan |
Currently: Head of New Zealand Public Investments, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Vicky Hyde-Smith |
Currently: Associate Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Grant Hassell |
Currently: Division Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Michael Gray |
Currently: Head of Investment Strategy (NZ), Macquarie Asset Management (NZ) Limited (0 years, 1 months) |
Supriya Edwards |
Currently: Investment Specialist, Macquarie Asset Management (NZ) Limited (0 years, 1 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.