Whai Rawa Tōtara-Conservative Fund

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Fund type: Conservative fund

Past Returns: 2.66%

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 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 150336 2.50 Cb 0.04%
Apt Pipelines Ltd 150727 4.25 Cb 0.05%
Cheniere Energy Inc 0.02%
Dominion Energy Inc 0.05%
Enbridge Inc 0.01%
Enterprise Products Partners Lp 0.02%
Kinder Morgan Inc 150231 2.00 Cb 0.08%
Korea Gas Corp 120224 3.875 Cb 0.02%
Naturgy Finance Bv 290128 1.50 Cb 0.06%
Pembina Pipeline 0.02%
Reliance Industries Ltd 301127 3.667 Cb 0.02%
Rubis Eur1.25 0.02%

Weapons

Tobacco

Alimentation Couche Tard Inc 250130 2.95 Cb 0.08%

Gambling

Alcohol

Beijing Gas Singapore Capital Corp 310522 2.75 Cb 0.02%

Human Rights & Environmental Violations

Credit Suisse Group AG 010431 4.194 Cb 0.03%
Johnson & Johnson Com US$1 0.07%
Johnson and Johnson 150837 5.95 Cb 0.02%
Motorola Solutions Inc 0.01%
Nestle Holdings Inc 240948 4.00 Cb 0.09%
Nestle SA 0.04%

Animal Testing

Air Liquide 0.04%
Air Liquide Finance SA 100929 2.25 Cb 0.06%
Church & Dwight Co 0.01%
Clorox Co 150530 1.80 Cb 0.04%
Coca Cola Co 090341 1.00 Cb 0.08%
Coca Cola Co USD 0.03%
Eastman Chemical Co 011228 4.50 Cb 0.01%
Eastman Chemical Co 260523 1.50 Cb 0.05%
Ecolab Inc 011126 2.70 Cb 0.05%
Ecolab Ltd 0.06%
Estee Lauder Companies 0.07%
Givaudan Finance Europe Bv 220427 1.00 Cb 0.02%
Glaxosmithkline Capital Inc 150538 6.375 Cb 0.08%
Glaxosmithkline PLC 0.05%
Johnson & Johnson Com US$1 0.07%
Johnson and Johnson 150837 5.95 Cb 0.02%
Kerry Group PLC 0.02%
Kimberly Clark Corp 010837 6.625 Cb 0.03%
Kimberly Clark De Mexico Sab De Cv 010731 2.431 Sf 0.09%
Koninklijke Dsm Nv 0.06%
L'Oreal 0.04%
Linde PLC 0.05%
Nestle Holdings Inc 240948 4.00 Cb 0.09%
Nestle SA 0.04%
Pepsico Inc Cap US$0.01 2/3 0.10%
Praxair Inc 100850 2.00 Cb 0.07%
Procter & Gamble Company 0.05%
Reliance Industries Ltd 301127 3.667 Cb 0.02%
Symrise AG 0.04%
Unilever Capital Corp 151132 5.90 Cb 0.07%
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 March 31st 2022 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
2022 -0.26% -0.07%
2021 8.99% 7.01%
2020 0.27% 1.04%
2019 4.19% 4.0%
2018 3.39% 3.9%
2017 3.28% 4.05%
2016 2.92% 3.8%
2015 8.63% 7.85%
2014 5.69% 4.63%
2013 8.30% 5.9%

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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

  • Bank Of New Zealand Rcd Maturing 01/06/2022
    New Zealand Cash and Equivalents AA-
    2.45%
  • BNP Paribas NZ Dollar Custodial Account Totara-Conservative Portfolio
    New Zealand Cash and Equivalents
    1.7%
  • Bank Of New Zealand Rcd Maturing 19/04/2022
    New Zealand Cash and Equivalents AA-
    1.54%
  • BNP Paribas US Dollar Custodial Account Totara-Conservative Portfolio
    United States Cash and Equivalents
    1.53%
  • Westpac New Zealand Limited Rcd Maturing 19/07/2022
    New Zealand NZ Fixed Interest AA-
    1.38%
  • New Zealand Government Bond 2.00% 15/05/2032
    New Zealand NZ Fixed Interest AAA
    1.32%
  • New Zealand Government Bond 1.75% 15/05/2041
    New Zealand NZ Fixed Interest AAA
    1.32%
  • New Zealand Government Bond 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AAA
    1.22%
  • ASB Bank Limited Rcd Maturing 05/07/2022
    New Zealand Cash and Equivalents AA-
    1.07%
  • Westpac New Zealand Limited Rcd Maturing 18/07/2022
    New Zealand Cash and Equivalents AA-
    1.07%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 30.0% 33.63%
New Zealand Fixed Interest 15.0% 13.02%
International Fixed Interest 35.0% 33.3%
Australasian Equities 5.0% 4.51%
International Equities 11.5% 11.88%
Listed Properties 0.87% 0.75%
Unlisted Properties 0.87% 0.32%
Other 1.76% 2.59%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.02%
  • Animal Testing:
    1.73%
  • Fossil Fuels:
    0.54%
  • Gambling:
    0.02%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.30%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.08%
  • 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 Thu March 31st 2022 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 Whai Rawa Tōtara-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 $72M NZD
Period of data report Thu March 31st 2022
Fund started Sun Oct. 1st 2006
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.0%
Other management and administration charges 0.5%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Fiona Pimm

Currently: Chair (4 years, 5 months)
Previously: Whai Rawa Fund Limited Board member (other position currently held) (7 years, 11 months)

David Woods

Currently: Board member (5 years, 4 months)
Previously: Managing Director Oikocredit International, Netherlands (position previously held) (3 years, 10 months)

Clare Murray

Currently: Board Member (4 years, 1 months)
Previously: Owner Consultant Murray & Co (financial services) (other position currently held) (16 years, 0 months)

Anthony Bow

Currently: Board Member (4 years, 1 months)
Previously: Principal Waimana Capital Limited (other position currently held) (5 years, 6 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.