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: 0.52%

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

Alliant Energy Corporation 0.01%
Apache Corp 151028 4.375 Cb 0.02%
Apt Pipelines Ltd 150727 4.25 Cb 0.09%
Atmos Energy Corp 0.02%
BP Capital Markets America Inc 160127 3.017 Cb 0.08%
Canadian National Railway Co 220945 3.95 Cb 0.08%
Chevron Corp 110530 2.236 Cb 0.07%
Coca Cola Co USD 0.01%
Dominion Energy Inc Com 0.03%
Emera Inc 0.01%
Enbridge Inc 0.02%
Enel Finance International Nv 250527 3.625 Cb 0.07%
Eni Spa 120928 4.75 Cb 0.07%
Equinor Asa 220530 2.375 Cb 0.09%
Exxon Mobil Corp 151030 2.61 Cb 0.08%
Gaz Capital SA 171123 3.125 Cb 0.01%
Genesis Energy Ltd 0.01%
Iberdrola Finanzas SA 130927 1.25 Cb 0.02%
Israel Electric Corp Ltd 140828 4.25 Cb 0.02%
Kinder Morgan Inc 160322 1.50 Cb 0.02%
Koninklijke Vopak Nv 0.02%
Korea Gas Corp 120224 3.875 Cb 0.02%
Midamerican Energy Holdings Co 010436 6.125 Cb 0.07%
Naturgy Finance Bv 290128 1.50 Cb 0.08%
New World Development Co Ltd 0.02%
Nextera Energy Capital Holdings Inc 010525 2.75 Cb 0.07%
Nextera Energy Inc 0.03%
Nextera Energy Inc Common Stock USD.01 0.05%
Noble Energy Inc 150128 3.85 Cb 0.01%
Norfolk Southern Corp 011149 3.40 Cb 0.08%
Oneok Partners Lp 011022 3.375 Cb 0.07%
Orsted A/S Common Stock Dkk10.0 0.11%
Phillips 66 060423 3.70 Cb 0.06%
Reliance Industries Ltd 301127 3.667 Cb 0.02%
Rio Tinto Fin Usa 021140 5.2 Cb 0.09%
Saudi Arabian Oil Co 160429 3.50 Gb 0.02%
Shell International Finance Bv 131128 3.875 Cb 0.07%
Snam Spa 120934 1.00 Cb 0.07%
Snam Spa 170630 0.75 Cb 0.01%
Total Capital International SA 190229 3.455 Cb 0.07%
Wec Energy Group Inc 0.01%
Xcel Energy Inc 0.02%
Xcel Energy Inc 011229 2.60 Cb 0.07%
Xcel Energy Inc. 0.01%

Weapons

Tobacco

Alimentation Couche Tard Inc 250130 2.95 Cb 0.02%

Gambling

Vici Properties Inc 0.01%

Alcohol

Anheuser Busch Companies Inc 010236 4.70 Cb 0.08%
LVMH Moet Hennessy Louis Vuitton Se 110227 1.125 Cb 0.07%

Human Rights & Environmental Violations

Archer Daniels Midland Co 120925 1.00 Cb 0.01%
Johnson & Johnson Com US$1 0.03%
Johnson + Johnson Common Stock Usd1.0 0.07%
Johnson and Johnson 150837 5.95 Cb 0.07%
Nestle SA 0.02%
Nutrien Ltd 150325 3.375 Cb 0.07%
Rio Tinto Fin Usa 021140 5.2 Cb 0.09%
Sempra Energy USD 0.02%
Shell International Finance Bv 131128 3.875 Cb 0.07%

Animal Testing

Air Liquide Finance SA 100929 2.25 Cb 0.070%
Air Products and Chemicals Inc 150530 2.05 Cb 0.090%
Archer Daniels Midland Co 120925 1.00 Cb 0.010%
Chr Hansen Holding A/S Common Stock Dkk10. 0.050%
Clorox Co 150530 1.80 Cb 0.070%
Coca Cola Co USD 0.010%
Colgate Palmolive Co 150845 4.00 Cb 0.070%
Croda International PLC Common Stock Gbp.1060976 0.020%
Danone Common Stock EUR.25 0.030%
Eastman Chemical Co 011228 4.50 Cb 0.010%
Eastman Chemical Co 260523 1.50 Cb 0.060%
Ecolab Inc 011126 2.70 Cb 0.070%
Ecolab Inc Common Stock Usd1.0 0.120%
Estee Lauder Companies Cl A Common Stock USD.01 0.030%
Givaudan Finance Europe Bv 220427 1.00 Cb 0.020%
Givaudan Reg Common Stock Chf10.0 0.020%
Glaxosmithkline Capital Inc 150538 6.375 Cb 0.090%
Hp Inc Common Stock USD.01 0.010%
Johnson & Johnson Com US$1 0.030%
Johnson + Johnson Common Stock Usd1.0 0.070%
Johnson and Johnson 150837 5.95 Cb 0.070%
Kimberly Clark Corp 010837 6.625 Cb 0.070%
Koninklijke Dsm Nv Common Stock Eur1.5 0.070%
Lenzing AG Common Stock 0.020%
Linde PLC Common Stock EUR.001 0.050%
LVMH Moet Hennessy Louis Vuitton Se 110227 1.125 Cb 0.070%
Marico Ltd Common Stock Inr1. 0.020%
Nestle SA 0.020%
Novozymes A/S B Shares Common Stock Dkk2.0 0.020%
Nutrien Ltd 150325 3.375 Cb 0.070%
Pepsico Inc Cap US$0.01 2/3 0.010%
Praxair Inc 100850 2.00 Cb 0.080%
Procter & Gamble Company 0.020%
Procter + Gamble Co/The Common Stock 0.040%
Reliance Industries Ltd 301127 3.667 Cb 0.020%
Shell International Finance Bv 131128 3.875 Cb 0.070%
Symrise AG Common Stock 0.110%
Umicore Common Stock 0.010%
Unicharm Corp Common Stock 0.030%
Unilever Nv Common Stock EUR.16 0.040%
Unilever PLC Common Stock Gbp.0311 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.

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
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 Wed Sept. 30th 2020.

Showing the top 10 investments for this fund:

  • AMP Capital Investors NZ Cash Fund
    New Zealand Cash and Equivalents
    29.62%
  • Nikko Asset Management Wholesale SRI Equity Fund
    New Zealand Australasian Equities
    3.34%
  • New Zealand Government Bond 5.5% 15/04/2023
    New Zealand NZ Fixed Interest AA+
    1.69%
  • New Zealand Government Bond 3.5% 14/04/2033
    New Zealand NZ Fixed Interest AA+
    1.44%
  • New Zealand Government Bond 0.5% 15/05/2024
    New Zealand NZ Fixed Interest AA+
    1.34%
  • New Zealand Government Indexed Bond 2% 20/09/2025
    New Zealand NZ Fixed Interest AA+
    1.12%
  • New Zealand Government Bond 1.5% 15/05/2031
    New Zealand NZ Fixed Interest AA+
    0.97%
  • Housing New Zealand Ltd Bond 3.42% 18/10/2028
    New Zealand NZ Fixed Interest AA+
    0.94%
  • Aviva Investors Multi-Strategy Fixed Income Fund
    Australia Int Fixed Interest
    0.84%
  • Housing New Zealand Ltd Bond 2.247% 05/10/2026
    New Zealand NZ Fixed Interest AA+
    0.78%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 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% 29.93%
New Zealand Fixed Interest 15.0% 15.03%
International Fixed Interest 35.0% 34.4%
Australasian Equities 5.0% 4.46%
International Equities 11.5% 12.24%
Listed Properties 0.85% 0.94%
Unlisted Properties 0.85% 0.92%
Other 1.8% 2.08%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 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:
    0.15%
  • Animal Testing:
    2.18%
  • Fossil Fuels:
    2.23%
  • Gambling:
    0.02%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.49%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.02%
  • Weapons:
    0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics 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 $85M NZD
Period of data report Wed Sept. 30th 2020
Members 24,619
Fund started Sun Oct. 1st 2006
Total annual fund fees 0.52%
Total performance based fees 0.0%
Manager's basic fee 0.0%
Administration charges 0.52%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Fiona Pimm

Currently: Chair (2 years, 11 months)
Previously: Whai Rawa Fund Limited Board member (other position currently held) (6 years, 5 months)

Paul Mersi

Currently: Board member (5 years, 7 months)
Previously: Financial Services & Tax Partner PriceWaterhouseCoopers (position previously held) (16 years, 0 months)

David Woods

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

Clare Murray

Currently: Board Member (2 years, 7 months)
Previously: Owner Consultant Murray & Co (financial services) (other position currently held) (14 years, 6 months)

Anthony Bow

Currently: Board Member (2 years, 7 months)
Previously: Principal Waimana Capital Limited (other position currently held) (4 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.