Christian KiwiSaver Income Fund

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.

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to DD MONTH YYYY 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 and research organisations.

A summary of this fund and it's details.

Key Personnel

• Garry Gould

  Currently: Investment Manager (7 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 (32 years, 3 months)
  Previously: (None years, None months)

• Manher Sukha

  Currently: Investment Manager (4 years, 10 months)
  Previously: (None years, None months)

• Mark Wilcox

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

• Simon Brodie

  Currently: Chief Investment Officer / Investment Consultant (7 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 September 2019.

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

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 September 2019.

Showing the top 10 investments for this fund:

• Pimco Global Bond Esg Fund
  Ireland International Fixed Interest
  26.15%
• Legg Mason Brandywine Gofi
  Ireland International Fixed Interest
  8.17%
• Pimco Gis Global Bond Fund
  Ireland International Fixed Interest
  7.6%
• ASB Term Deposit - 18/04/19
  New Zealand Cash and Cash Equivalents AA-
  1.61%
• BNZ Term Deposit - 15/05/19
  New Zealand Cash and Cash Equivalents AA-
  1.6%
• ASB Term Deposit - 18/07/19
  New Zealand Cash and Cash Equivalents AA-
  1.6%
• ASB Term Deposit - 05/12/19
  New Zealand Cash and Cash Equivalents AA-
  1.58%
• ANZ/Udc-NZD Bank Account(S)
  New Zealand Cash and Cash Equivalents
  1.22%
• NZ Government Inflation Index Bond
  New Zealand NZ Fixed Interest AA+
  1.08%
• ASB Term Deposit - 22/05/19
  New Zealand Cash and Cash Equivalents AA-
  1.07%

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

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

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

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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:
  0.03%
• Animal Testing:
  0.27%
• Fossil Fuels:
  0.10%
• Gambling:
  0.04%
• GMOs:
  0.01%
• Human Rights & Environmental Violations:
  0.06%
• Palm Oil:
  0.00%
• Tobacco:
  0.02%
• Weapons:
  0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 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 and research organisations.

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.

Note that 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.

In their own words: "The Income Fund invests solely in income assets (fixed interest, mortgages and cash). It is designed to have a low risk profile and to appeal to investors close to retirement (who consider they may not have enough time to ride out investment highs or lows) or are more risk averse."

Download the fund's disclosure statement and portfolio holdings.

• Portfolio holdings v
• Product Disclosure Statement (PDS) v