Amanah KiwiSaver Plan
Amanah Growth Fund

In their own words: "Amanah Growth Fund may only hold investments which comply with the Ethical Mandate of Amanah KiwiSaver Plan. The fund’s investment objective is to increase the rate of average annual return to investors over the long-term, while strictly complying with the restrictions of Amanah KiwiSaver Plan’s Ethical Mandate."

At a glance:

Mindful Fund
Type: Aggressive fund
Past Returns: 0.98%

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

Annual Fees: 2.07%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND3138
Name Amanah Growth Fund
Risk profile Aggressive fund
Description Amanah Growth Fund may only hold investments which comply with the Ethical Mandate of Amanah KiwiSaver Plan. The fund’s investment objective is to increase the rate of average annual return to investors over the long-term, while strictly complying with the restrictions of Amanah KiwiSaver Plan’s Ethical Mandate.
Value $14M NZD
Members 1,156
Market index description Dow Jones Islamic Market World Index - an index of globally traded stock that pass rules-based screens for compliance with Islamic investment guidelines
Disclosure Statement Period Sun Sept. 30th 2018
Fund started Mon March 24th 2014
Three-year average return 0.98%
Market index past year return 12.42%
Past year return net charges and tax 16.84
Past year return net of charges gross of tax 16.84
Market index return since fund started 7.83%
Return since fund started net 7.34%
Total annual fund fees 2.07
Total performance based fees 0.0
Manager's basic fee 1.62
Administration charges 0.45
Total other charges 32.4
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Index Fund Annual Return
2018 6.68% -1.58%
2017 11.18% 0.46%
2016 4.51% 4.05%
2015 15.30% 16.04%

The market index is the average NZ KiwiSaver 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 KiwiSaver fund has filed with Disclose register to 30 June 2019.

Showing the top 10 investments for this fund:

  • Googl : Alphabet Inc.
    United States International Equities
    7.29%
  • AAPL : Apple Inc.
    United States International Equities
    6.77%
  • Tyl : Tyler Technologies, Inc.
    United States International Equities
    4.87%
  • Nke : Nike, Inc.
    United States International Equities
    4.45%
  • Wns : Wns (Holdings) Limited
    United States International Equities
    4.32%
  • Chd : Church & Dwight Company, Inc.
    United States International Equities
    4.02%
  • Orly : O'Reilly Automotive, Inc.
    United States International Equities
    3.58%
  • Akam : Akamai Technologies, Inc.
    United States International Equities
    3.28%
  • Lly : Eli Lilly and Company
    United States International Equities
    3.17%
  • Hd : Home Depot, Inc. (The)
    United States International Equities
    3.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 12.5% 0.18%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 87.5% 99.82%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

Key Personnel

  • Brian Henry

    Currently: Managing Director (5 years, 1 months)
    Previously: Barrister (42 years, 0 months)

  • Dr Faruk Balli

    Currently: Director (5 years, 1 months)
    Previously: Associate Professor - Massey University School of Economics & Finance (2 years, 7 months)

  • Victoria Sim

    Currently: Manager (Operations) (0 years, 11 months)
    Previously: Project Manager, Solictor (1 years, 1 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    10.82%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. 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.

Does this fund have a policy to exclude any industries from its investments?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

This data is compiled from Mindful Money analysis of Fund websites. 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.

Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

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 investment. Past returns are not a guide to future returns. 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.