Christian KiwiSaver Scheme
Christian KiwiSaver Balanced Fund

In their own words: "The Balanced Fund has moderate exposures to both growth assets (such as equities and alternative assets) and income assets (such as fixed interest, mortgages and cash). It is designed to have a medium risk profile and to appeal to members willing to accept medium risk to pursue long term growth."

At a glance:

Mindful Fund
Type: Balanced fund
Past Returns: 4.68%

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

Annual Fees: 1.5%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND931
Name Christian KiwiSaver Balanced Fund
Risk profile Balanced fund
Description The Balanced Fund has moderate exposures to both growth assets (such as equities and alternative assets) and income assets (such as fixed interest, mortgages and cash). It is designed to have a medium risk profile and to appeal to members willing to accept medium risk to pursue long term growth.
Value $27M NZD
Members 1,387
Market index description The market index annual return is based on a composite index comprising a mix of benchmark indices. More information on the benchmark indices used for each asset class is contained in the Statement of Investment Policies and Objectives (SIPO), a copy of which is available from www.christiankiwisaver.nz or on the Scheme Register at www.business.govt.nz/disclose under Christian KiwiSaver Scheme.
Disclosure Statement Period Thu July 5th 2018
Fund started Fri July 20th 2007
Three-year average return 4.68%
Market index past year return 7.20%
Past year return net charges and tax 3.6
Past year return net of charges gross of tax 4.32
Market index return since fund started 7.27%
Return since fund started net 3.89%
Total annual fund fees 1.5
Total performance based fees 0.0
Manager's basic fee 1.5
Administration charges 0.0
Total other charges 0.0
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 5.63% 3.6%
2017 6.10% 7.19%
2016 4.01% 3.25%
2015 11.09% 8.45%
2014 7.28% 4.88%
2013 10.75% 8.3%
2012 1.75% -1.2%
2011 5.30% 5.45%
2010 16.19% 14.0%
2009 -10.92% -12.7%

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:

  • Pimco Global Bond Esg Fund
    Ireland International Fixed Interest
    13.94%
  • Legg Mason Brandywine Gofi
    Ireland International Fixed Interest
    4.53%
  • Pimco Gis Global Bond Fund
    Ireland International Fixed Interest
    4.03%
  • NZ Government Stock - 15/05/21
    New Zealand New Zealand Fixed Interest AA+
    1.49%
  • Crown Global Opportunities Vi Plc Fund
    United States Other
    1.03%
  • Hawkes Bay Forest and Land
    New Zealand Other
    0.95%
  • ASB Term Deposit - 18/04/18
    New Zealand Cash and Cash Equivalents AA-
    0.92%
  • BNZ Term Deposit - 18/07/18
    New Zealand Cash and Cash Equivalents AA-
    0.92%
  • BNZ Term Deposit - 08/05/18
    New Zealand Cash and Cash Equivalents AA-
    0.92%
  • ASB Term Deposit - 05/06/18
    New Zealand Cash and Cash Equivalents AA-
    0.92%

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 10.0% 17.96%
New Zealand Fixed Interest 20.0% 15.0%
International Fixed Interest 20.0% 22.5%
Australasian Equities 15.0% 14.24%
International Equities 30.0% 26.82%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 5.0% 3.48%
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

  • Garry Gould

    Currently: Investment Manager (6 years, 11 months)
    Previously: Investment Consultant to The New Zealand Anglican Church Pension Board (21 years, None months)

  • Ian Millard Qc

    Currently: Chair of Investment Committee (31 years, 3 months)
    Previously: (None years, None months)

  • Manher Sukha

    Currently: Investment Manager (3 years, 10 months)
    Previously: (None years, None months)

  • Mark Wilcox

    Currently: Chief Executive (4 years, 5 months)
    Previously: Chief Financial Officer, The Co-operative Bank (4 years, None months)

  • Simon Brodie

    Currently: Chief Investment Officer / Investment Consultant (6 years, 11 months)
    Previously: Portfolio Management / Strategy, Tower Asset Management (23 years, None 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:
    0.79%
  • Animal Testing:
    3.29%
  • Fossil Fuels:
    2.51%
  • Gambling:
    0.00%
  • GMOs:
    0.62%
  • Human Rights & Environmental Violations:
    1.71%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.28%

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.