Get a Weapons Free Fund
Most Kiwis want to avoid weapons in their KiwiSaver or Investment funds. Here are weapons-free options.
Cut Ties With Weapons Investment
81% of Kiwis don’t want firearms, cluster bombs, nuclear weapons or other military weapons in their KiwiSaver or other investment fund. A growing number of investors recognise the massive human suffering and environmental damage that results from weapons and choose not to invest in weapons producers.
In 2016, after a public outcry, many KiwiSaver providers excluded manufacturers of cluster bombs and landmines. In the wake of the Christchurch shootings, some have excluded firearms, such as semi-automatic weapons. But these exclusions are narrowly-drawn categories. For many investors, the issue is broader. They don’t want their KiwiSaver fund to include any companies that make profits from weapons manufacturers.
From Mindful Money's analysis of fund investments at end September 2021, $190 million of KiwiSaver money and $186 million of retail investments was invested in companies involved in the manufacture of weapons.
Although the proportion of weapons in overall investment has fallen, many investors are unwittingly investing in companies that produce nuclear weapons, firearms or other weapons categories.
The following is a list of the funds that have a weapons free policy, and have fully excluded them from their portfolio (Mindful Money measures the level of investment down to 0.01% of the portfolio).
Funds that can show they have no investment in weapons can now use our new weapons free badge. Look for the badge above to be certain of who is putting their money where their mouth is.
- Mindful Funds are the ones with
Fund with Weapons Free Badges
KiwiSaver funds:
- Pathfinder Balanced Fund
- Pathfinder Conservative Fund
- Pathfinder Growth Fund
- InvestNow Macquarie Ethical Leaders Balanced Fund
Investment funds:
- Devon Sustainability Fund
- Macquarie Ethical Leaders Conservative Fund
- Macquarie Ethical Leaders Balanced Fund
- Macquarie Ethical Leaders Growth Fund
- Macquarie Ethical Leaders Global Shares Fund
- Lighthouse Global Equity Fund
- TAHITO Te Tai O Rehua Fund
KiwiSaver Funds with Weapons Free policy and portfolio
AE Investor:
AMP:
- AMP Australasian Shares Fund
Booster:
- Booster Socially Responsible Investment Balanced Fund
- Booster Socially Responsible Investment High Growth Fund
- Booster Socially Responsible Investment Moderate Fund
Christian KiwiSaver:
- Christian KiwiSaver Balanced Fund
- Christian KiwiSaver Growth Fund
- Christian KiwiSaver Income Fund
Koura KiwiSaver:
- Koura KiwiSaver Emerging Markets Equities Fund
Mint via InvestNow:
- InvestNow Mint Australasian Equity fund
- InvestNow Mint Diversified Growth Fund
NZ Funds:
- NZ Funds Balanced Fund
- NZ Funds Inflation Strategy
OneAnswer:
- OneAnswer Australasian Share Fund
- OneAnswer Sustainable International Share Fund
QuayStreet:
Simplicity:
Switch to one of the funds listed above or use the Fund Finder to find a KiwiSaver fund that matches your criteria.
Investment Funds with Weapons Free policy and portfolio
AE Investor:
Booster:
- Booster Socially Responsible Investment Balanced Fund
- Booster Socially Responsible Investment High Growth Fund
- Booster Socially Responsible Investment Moderate Fund
Lifestages:
- Lifestages Australasian Equity Portfolio
Mercer:
- Mercer Overseas Shares Fund
- Mercer Overseas Shares (Hedged) Fund
Milford:
- Milford Australian Absolute Growth Fund
Mint:
- Mint Diversified Growth Fund
NZ Funds:
- NZ Funds Core Inflation Portfolio
- NZ Funds Property Inflation Portfolio
- NZ Funds Global Equity Growth Portfolio
- NZ Funds Dividend And Growth Portfolio
- NZ Funds Wealthbuilder - Inflation Strategy
- NZ Funds Income Generator
OneAnswer:
- OneAnswer S.A.C. New Zealand Share Fund
- OneAnswer S.A.C. Equity Selection Fund
- OneAnswer S.A.C. Australian Share Fund
Pathfinder:
- Pathfinder Global Responsibility Fund
- Pathfinder Global Water Fund
- Pathfinder Ethical Growth Fund
- Pathfinder Ethical Trans-Tasman Fund
QuayStreet:
Simplicity:
Switch to one of the funds listed above or use the Fund Finder to find an Investment fund that matches your criteria.
