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 0.02%
Glencore Funding Llc 290424 4.625 Cb 0.01%
Glencore Funding Llc 300523 4.125 Cb 0.01%
Suncor Energy Inc 011224 3.6 Cb 0.01%
Gambling
Aristocrat Leisure Ltd 0.62%
Skycity Entertainment Group Limited 0.08%
Alcohol
Anheuser Busch Inbev Worldwide Inc 230129 4.75 Cb 0.02%
Constellation Brands Inc 150223 3.2 Cd 0.01%
GMOs
Human Rights & Environmental Violations
Glencore Funding Llc 290424 4.625 Cb 0.01%
Glencore Funding Llc 300523 4.125 Cb 0.01%
Animal Testing
Ecolab Ltd 0.490%
Johnson Matthey PLC 0.520%
Unilever PLC 0.970%
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 | -4.35% | -4.38% |
| 2019 | 6.14% | 2.35% |
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 Other5.0% -
The A2 Milk Company Limited
New Zealand Australasian Equities4.59% -
Westpac NZD Cash Account
New Zealand Cash and Equivalents AA-3.96% -
Spark New Zealand Limited
New Zealand Australasian Equities3.3% -
Fisher & Paykel Healthcare Corporation
New Zealand Australasian Equities3.24% -
Contact Energy Limited
New Zealand Australasian Equities2.55% -
Infratil Limited
New Zealand Australasian Equities2.42% -
Microsoft Corp
United States International Equities1.9% -
Amazon Com Inc
United States International Equities1.81% -
Summerset Group Holdings Ltd
New Zealand Australasian Equities1.49%
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 | 0.0% | 0.61% |
| New Zealand Fixed Interest | 5.0% | 4.91% |
| International Fixed Interest | 5.0% | 4.89% |
| Australasian Equities | 33.0% | 33.32% |
| International Equities | 42.0% | 42.19% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 15.0% | 14.08% |
| 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:0.08%
-
Animal Testing:2.04%
-
Fossil Fuels:0.11%
-
Gambling:0.70%
-
GMOs:0.03%
-
Human Rights & Environmental Violations:0.04%
-
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 Growth Fund aims to invest across a range of actively managed funds to create a diversified portfolio with a focus on higher risk assets."
| Value | $2.1M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | Not provided |
| Fund started | Tue April 3rd 2018 |
| Total annual fund fees | 1.13% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.76% |
| 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.
