News & Updates

The KiwiSaver scheme 'controversy-rating' all its investments

Mon Oct. 28th 2019

CareSaver, an ethical KiwiSaver scheme runs controversy ratings

The theory behind controversy ratings is that companies, whose actions have been courting controversy and a pattern of negative headlines in the media, may not be good long-term investments. Any company that scored a five on the controversy scale was an avoid, or immediate sell, says John Berry one of CareSaver’s founders.