Not Mindful
Fund type: Conservative 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
Apt Pipelines Ltd 4.25% 15/07/2027 0.09%
Apt Pipelines Ltd Medium Term Note 1.25% 15/03/2033 0.14%
Coca-Cola Co/The 0.04%
Dominion Energy Inc 0.01%
Enbridge Inc 0.02%
Enbridge Inc 2.5% 01/08/2033 0.09%
Genesis Energy Ltd 0.06%
Kinder Morgan Energy Partners Lp 5% 01/03/2043 0.11%
Williams Companies Inc 4.85% 01/03/2048 0.08%
Weapons
Alcohol
Anheuser Busch Inbev SA Medium Term Note 3.7% 02/04/2040 0.10%
Anheuser-Busch Companies Llc 4.9% 01/02/2046 0.05%
Anheuser-Busch Inbev Finance Inc 4.7% 01/02/2036 0.14%
Anheuser-Busch Inbev Nv 0.01%
Anheuser-Busch Inbev Worldwide Inc 5.45% 23/01/2039 0.14%
Bacardi Ltd 4.45% 15/05/2025 0.08%
Bacardi Ltd 5.3% 15/05/2048 0.11%
Diageo PLC 0.02%
LVMH Moet Hennessy Louis Vui 0.04%
Palm Oil
GMOs
Human Rights & Environmental Violations
Bayer AG-Reg 0.01%
Freeport - Mcmoran Copper 0.01%
Johnson & Johnson 0.09%
Nestle Finance International Ltd SA 0.625% 14/02/2034 0.12%
Nestle SA-Reg 0.07%
Rio Tinto PLC 0.02%
Animal Testing
Air Liquide SA 0.01%
Basf Se 0.01%
Bayer AG-Reg 0.01%
Coca-Cola Co/The 0.04%
Danone SA 1% 00/01/1900 0.08%
Ecolab Inc 0.01%
Estee Lauder Cos Inc/The 0.01%
Glaxosmithkline Capital PLC Medium Term Note 0% 23/09/2023 0.36%
Glaxosmithkline PLC 0.02%
Johnson & Johnson 0.09%
L'Oreal SA 0.02%
LVMH Moet Hennessy Louis Vui 0.04%
Linde PLC 0.03%
Mondelez International Inc-A 0.02%
Nestle Finance International Ltd SA 0.625% 14/02/2034 0.12%
Nestle SA-Reg 0.07%
Pepsico Inc 0.04%
Procter and Gamble Co/The 0.07%
Reckitt Benckiser Group PLC 0.01%
Sherwin-Williams Co/The 0.01%
Shin-Etsu Chemical Co Ltd 0.01%
Tesco Property Finance 1 PLC 7.6227% 13/07/2039 0.04%
Tesco Property Finance 2 PLC 6.0517% 13/10/2039 0.11%
Tesco Property Finance 3 PLC 5.744% 13/04/2040 0.16%
Unilever PLC 0.03%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu Sept. 30th 2021 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 |
|---|---|---|
| 2021 | 8.21% | 6.58% |
| 2020 | -0.29% | 1.98% |
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 Fri Dec. 31st 2021.
Showing the top 10 investments for this fund:
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BNZ Call Account
New Zealand Cash and Equivalents AA-1.3% -
Bank Of New Zealand Registered Certificate Of Deposit 01/03/2022
New Zealand Cash and Equivalents AA-1.16% -
BNP Paribas Bank Account USD
United States Cash and Equivalents A+0.83% -
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities0.83% -
Bank Of New Zealand Registered Certificate Of Deposit 24/02/2022
New Zealand Cash and Equivalents AA-0.81% -
Westpac New Zealand Ltd. Registered Certificate Of Deposit 17/01/2022
New Zealand Cash and Equivalents AA-0.73% -
NZ Government Bond 2.75% 15/04/2037
New Zealand NZ Fixed Interest AAA0.71% -
Westpac New Zealand Ltd. Registered Certificate Of Deposit 18/01/2022
New Zealand Cash and Equivalents AA-0.69% -
ASB Bank Ltd. Registered Certificate Of Deposit 23/02/2022
New Zealand Cash and Equivalents AA-0.69% -
Westpac New Zealand Ltd. Registered Certificate Of Deposit 01/03/2022
New Zealand Cash and Equivalents AA-0.69%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Dec. 31st 2021.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 25.0% | 27.89% |
| New Zealand Fixed Interest | 14.0% | 13.95% |
| International Fixed Interest | 41.0% | 39.9% |
| Australasian Equities | 7.0% | 6.11% |
| International Equities | 13.0% | 12.15% |
| 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 Fri Dec. 31st 2021.
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:0.00%
-
Alcohol:0.76%
-
Animal Testing:1.66%
-
Fossil Fuels:0.77%
-
Gambling:0.00%
-
GMOs:0.01%
-
Human Rights & Environmental Violations:0.37%
-
Palm Oil:0.01%
-
Tobacco:0.00%
-
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 Thu Sept. 30th 2021 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 Conservative Fund invests mostly in income assets which generally have lower levels of risk with the potential for lower returns. It also has a modest allocation to growth assets which generally have higher levels of risk and potential returns. It aims to achieve relatively stable returns over the short to medium term."
| Value | $57M NZD |
| Period of data report | Fri Dec. 31st 2021 |
| Fund started | Mon May 21st 2018 |
| Total annual fund fees | 0.78% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.78% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Richard Ansell |
Currently: Director BNZ Investment Services Limited (2 years, 10 months) |
|
Hayley Cassidy |
Currently: Director BNZ Investment Services Limited (2 years, 8 months) |
|
Paul Richardson |
Currently: Director BNZ Investment Services Limited (2 years, 1 months) |
|
Emma Dobson [New ] |
Currently: Director BNZ Investment Services Limited (0 years, 2 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Dec. 31st 2021.
Downloads
Download the fund's disclosure statement and portfolio holdings.
