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.
Fossil Fuel
BP Capital Markets America Inc 060224 3.79 Cb 0.04%
Energy Transfer Operating Lp 150550 5.00 Cb 0.01%
Engie SA 300332 2.125 Cb 0.02%
Gaz Capital SA 160837 7.288 Cb 0.02%
Glencore Funding Llc 290424 4.625 Cb 0.04%
Glencore Funding Llc 300523 4.125 Cb 0.03%
Marathon Petroleum Corp 010428 3.8 Cb 0.01%
Origin Energy Finance Ltd 170929 1.00 Cb 0.01%
Petroleos Mexicanos 150323 5.125 Gb 0.01%
Sasol Financing Usa Llc 270324 5.875 Cb 0.01%
Suncor Energy Inc 011224 3.6 Cb 0.03%
Gambling
Aristocrat Leisure Ltd 0.05%
Skycity Entertainment Group Limited 0.03%
Alcohol
Anheuser Busch Companies Llc 010246 4.90 Cb 0.02%
Anheuser Busch Inbev Nv 020440 3.70 Cb 0.01%
Anheuser Busch Inbev Worldwide Inc 150448 4.60 Cb 0.03%
Anheuser Busch Inbev Worldwide Inc 230125 4.15 Cb 0.01%
Anheuser Busch Inbev Worldwide Inc 230129 4.75 Cb 0.07%
Bacardi Ltd 150528 4.70 Cb 0.03%
Constellation Brands Inc 061226 3.70 Cb 0.02%
Constellation Brands Inc 150223 3.2 Cd 0.03%
GMOs
Dowdupont Inc 151125 4.493 Cb 0.01%
Dowdupont Inc 151128 4.725 Cb 0.03%
Syngenta Finance AG 240423 4.441 Cb 0.02%
Syngenta Finance Nv 240425 4.892 Cb 0.02%
Human Rights & Environmental Violations
Archer Daniels Midlands Co 270330 3.25 Cb 0.01%
Glencore Funding Llc 290424 4.625 Cb 0.04%
Glencore Funding Llc 300523 4.125 Cb 0.03%
Sempra Energy 010228 3.40 Cb 0.01%
Animal Testing
Archer Daniels Midlands Co 270330 3.25 Cb 0.010%
Bayer Capital Corporation Bv 260626 1.50 Cb 0.020%
Bayer US Finance Ii Llc 151225 4.25 Cb 0.020%
Dowdupont Inc 151125 4.493 Cb 0.010%
Dowdupont Inc 151128 4.725 Cb 0.030%
Ecolab Ltd 0.150%
Johnson Matthey PLC 0.160%
Syngenta Finance AG 240423 4.441 Cb 0.020%
Syngenta Finance Nv 240425 4.892 Cb 0.020%
Unilever Nv 250330 1.75 Cb 0.010%
Unilever PLC 0.300%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.
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 | -0.18% | -0.35% |
| 2019 | 4.54% | 4.8% |
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
Jpm Multi Manager Alternatives Fund
Luxembourg Other4.66% -
New Zealand Lgfa Agency 140433 3.50
New Zealand NZ Fixed Interest AA+3.2% -
New Zealand Govt 200925 2.0 Indexed Bond
New Zealand NZ Fixed Interest AA+1.68% -
Kiwibank Limited 221121 Frn
New Zealand NZ Fixed Interest A1.53% -
ASB Bank Ltd 220222 Frn
New Zealand NZ Fixed Interest AA-1.31% -
Fisher & Paykel Healthcare Corporation
New Zealand Australasian Equities1.24% -
Bank Of New Zealand 030223 4.261
New Zealand NZ Fixed Interest AAA1.17% -
Fonterra Co Operative Group Ltd 190625 5.08
New Zealand NZ Fixed Interest A-1.09% -
Kiwi Bank Ltd 200924 2.155
New Zealand NZ Fixed Interest A1.09% -
The A2 Milk Company
New Zealand Australasian Equities1.06%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 15.0% | 15.13% |
| New Zealand Fixed Interest | 35.0% | 35.04% |
| International Fixed Interest | 15.0% | 14.56% |
| Australasian Equities | 7.5% | 7.42% |
| International Equities | 12.5% | 12.75% |
| Listed Properties | 5.0% | 5.31% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 10.0% | 9.79% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 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:0.21%
-
Animal Testing:0.78%
-
Fossil Fuels:0.31%
-
Gambling:0.08%
-
GMOs:0.08%
-
Human Rights & Environmental Violations:0.10%
-
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 Tue March 31st 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 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
"The Conservative Fund’s strategy is to invest across a range of actively managed funds to create a diversified portfolio with a focus on lower risk assets."
| Value | $7.0M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | Not provided |
| Fund started | Tue April 3rd 2018 |
| Total annual fund fees | 0.78% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.41% |
| Administration charges | 0.37% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Fergus Mcdonald |
Currently: Head of Bonds and Currency - Nikko Asset Management (19 years, 9 months) |
|
George Carter |
Currently: Managing Director - Nikko Asset Management (4 years, 5 months) |
|
Stuart Williams |
Currently: Head of Equities and Member of Investment Committee (5 years, 11 months) |
|
James Wesley |
Currently: Head of Distribution and Member of Investment Committee (6 years, 7 months) |
|
James Rogers |
Currently: Chief Operating Officer and Member of Investment Committee (3 years, 3 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
