Whai Rawa Conservative Fund

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Not Mindful
Type: Conservative fund
Past Returns: 2.98%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.5%

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

Aker BP Asa 0.05%
Apt Pipelines Ltd 4.25% Due 07-15-2027 0.03%
Archer-Daniels 1.0% 12/09/2025 0.01%
BP Cap Mkts Amer Fixed 3.017% Due 01-16-2027 0.03%
Enbridge Inc 0.01%
Exxon Mobil Corp 3.043% Due 03-01-2026 0.02%
Firstenergy Corp 3.9% 07-15-2027 0.01%
Firstenergy Corp 7.375% Due 11-15-2031 0.01%
Gaz Capital SA 3.125% Snr 17/11/2023 EUR 0.01%
Gaz Capital SA 5.15% Snr 11/02/26 Usd1000 0.01%
Kinder Morgan Inc 1.5% Due 03-16-2022 0.02%
Koninklijke Vopak Nv 0.01%
Korea Gas Corp 3.875% Due 02-12-2024 0.02%
Nextera Energy Cap Hldgs Inc 2.75% Due 11-01-2029 0.03%
Nextera Energy Inc 0.05%
Oneok Partners L P 3.375% Due 10-01-2022 0.02%
Pvtpl Eni S P A Nt X 4.75% Due 09-12-2028 0.02%
Statoil Asa 2.65% Due 01-15-2024 0.02%
Suez SA 0.07%
Xcel Energy Inc 0.01%
Xcel Energy Inc 2.6% Due 12-01-2029 0.06%

Weapons

Leidos Holdings 0.01%

Tobacco

Alcohol

Anheuser-Busch Cos Llc Corp 4.7% 02-01-2036 0.02%
Anheuser-Busch Cos Llc Corp 4.9% 02-01-2046 0.01%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.02%

GMOs

Novartis Cap Corp 4.4% Due 05-06-2044 0.03%
Novozymes A/S 0.04%
Nutrien Ltd 3.375% Due 03-15-2025 0.03%
Syngenta Finance Nv 0.05%

Human Rights & Environmental Violations

Archer-Daniels 1.0% 12/09/2025 0.01%
Johnson & Johnson 0.12%
Nutrien Ltd 3.375% Due 03-15-2025 0.03%
Rio Tinto Fin Usa 3.75% Due 06-15-2025 0.02%
Sempra Energy USD 0.01%

Animal Testing

Archer-Daniels 1.0% 12/09/2025 0.010%
Beiersdorf AG 0.030%
Chr Hansen Holding A/S 0.100%
Coca-Cola Co 0.090%
Coca-Cola Femsa S A B De C V 2.75% 01-22-2030 0.010%
Colgate-Palmolive Co 4% Due 08-15-2045 0.020%
Croda International PLC 0.020%
Danone SA 0.040%
Ecolab Inc 0.150%
Estee Lauder Companies Inc 0.030%
Givaudan SA 0.030%
Glaxosmithkline 6.375% Due 05-15-2038 0.020%
Henkel AG & Co Kgaa 0.040%
Johnson & Johnson 0.120%
Kikkoman Corp 0.040%
Kimberly Clark 6.625% Due 08-01-2037 0.020%
Koninklijke Dsm Nv 0.080%
L'Oreal SA 0.060%
LVMH Moet Hennessy 1.125% Snr 11/02/2027Gbp 0.020%
Novozymes A/S 0.040%
Procter & Gamble Co 0.060%
Symrise AG 0.090%
Syngenta Finance Nv 0.050%
Unilever Nv 0.030%
Unilever PLC 0.130%

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% 1.04%
2019 4.54% 4.0%
2018 3.22% 3.9%
2017 3.53% 4.05%
2016 2.92% 3.8%
2015 8.63% 7.85%
2014 5.69% 4.63%
2013 8.30% 5.9%
2012 2.27% 4.59%
2011 4.69% 2.25%

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:

  • AMP Capital Investors NZ Cash Fund
    New Zealand Cash and Equivalents
    29.07%
  • Robeco Global Credit Fund
    Australia Int Fixed Interest
    4.87%
  • Nikko AM Wholesale SRI Equity Fund
    New Zealand Australasian Equities
    4.4%
  • New Zealand Government Bond 5.5% 15/04/2023
    New Zealand NZ Fixed Interest AA+
    1.89%
  • New Zealand Government Bond 3.5% 14/04/2033
    New Zealand NZ Fixed Interest AA+
    1.59%
  • New Zealand Government Bond 0.5% 15/05/2024
    New Zealand NZ Fixed Interest AA+
    1.4%
  • Housing New Zealand Ltd Bond 3.42% 18/10/2028
    New Zealand NZ Fixed Interest AA+
    1.19%
  • New Zealand Government Bond 150531 1.50 Gb
    New Zealand NZ Fixed Interest AA+
    1.05%
  • New Zealand Government Indexed Bond 2% 20/09/2025
    New Zealand NZ Fixed Interest AA+
    1.03%
  • New Zealand Government Bond 2.75% 15/04/2037
    New Zealand NZ Fixed Interest AA+
    0.96%

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 30.0% 29.4%
New Zealand Fixed Interest 15.0% 14.83%
International Fixed Interest 35.0% 35.11%
Australasian Equities 5.0% 4.45%
International Equities 11.0% 11.63%
Listed Properties 0.88% 0.93%
Unlisted Properties 0.88% 1.09%
Other 1.75% 2.08%
Commodities 0.5% 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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.07%
  • Animal Testing:
    1.41%
  • Fossil Fuels:
    0.69%
  • Gambling:
    0.00%
  • GMOs:
    0.16%
  • Human Rights & Environmental Violations:
    0.22%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.01%
  • Weapons:
    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 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 Invests mostly in cash and fixed interest with only some investment in shares and real assets. This fund may be suitable for investors who want to achieve slightly higher returns than those expected from investing solely in cash. Investors need to be comfortable with the possibility of some fluctuations in returns."

Value $84M NZD
Period of data report Tue June 30th 2020
Members 24,849
Fund started Sun Oct. 1st 2006
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.46%
Administration charges 0.04%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Fiona Pimm

Currently: Chair (2 years, 8 months)
Previously: Whai Rawa Board member (6 years, 2 months)

Paul Mersi

Currently: Board member (5 years, 4 months)
Previously: Financial Services & Tax Partner PWC (16 years, None months)

David Woods

Currently: Board member (3 years, 7 months)
Previously: Managing Director Oikocredit International Netherlands (3 years, 10 months)

Clare Murray

Currently: Board Member (2 years, 4 months)
Previously: Owner Consultant Murray & Co financial services (14 years, 3 months)

Anthony Bow

Currently: Board Member (2 years, 4 months)
Previously: Principal Waimana Capital Limited (3 years, 9 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.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.