A managed fund version of our KiwiSaver Growth Fund
Awarded 'Best New Ethical Fund 2021' by Mindful Money
Medium to High
Average annual return:
5.6% p.a. since inception September 2020
Minimum suggested time frame:
8-10 years (medium to long term)
Estimated fund fees:
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Our investment process aims to avoid harm, benefit stakeholders and contribute to solutions. We're active managers who think carefully about how to drive strong returns, while maximising the ethical impact of our investing. Below are some examples of companies we invest in - click the button to view specific holdings for each Fund.View our Holdings
What we don’t invest in:
We seek to avoid investments that disrespect people, our planet and animals (some examples below). Note that we may still hold these investments in limited situations. Please hover over any ? icons for more details or read our Ethical Investment Policy.
We permit investments in companies that do not derive more than 5% of identifiable revenue from the exploration, extractive, conversion (with respect to thermal coal) or distribution (except by rail) of fossil fuels. See our Ethical Investment Policy for more details.
We allow investments in companies that do not derive more than 5% of identifiable revenue from alcohol beverage production, processing, manufacture, or sales. See our Ethical Investment Policy for more details.
Palm Oil & GMOs?
We permit investments in companies that derive no more than 5% of identifiable revenue from the commercialised production and sale of GMOs, or no more than 5% of revenue from the sale of palm oil and palm oil products. See our Ethical Investment Policy for more details.
We permit investment in companies that derive no more than 5% of identifiable income from the production and distribution of conventional weapons and their components. We allow investments in companies that earn no more than 50% of identifiable income from non-weapons related services or products to the military. See our Ethical Investment Policy for more details.
We permit investments in companies that derive no more than 5% of identifiable revenue from the production or distribution of adult entertainment material. See our Ethical Investment Policy for more details.
We allow investments in companies that do not derive more than 10% of identifiable revenue from the sale of tobacco related products and services. See our Ethical Investment Policy for more details.
We will allow investments in companies that derive no more than 5% of identifiable revenue from owning or operating gambling establishments. See our Ethical Investment Policy for more details.
Animal testing is a complex area for investing. See our Ethical Investing Policy for details of our approach. We can (and do) in exceptional circumstances permit investment in a company connected with animal testing - such exceptions are approved on a case-by-case basis by the Ethics and Investment Committee. Contact us for further details.
p.a. since inception*
Past performance is no guarantee of future returns. We encourage all investors to seek independent financial advice prior to making investment decisions.
To compare fund returns against the fund benchmark visit our Performance and Returns page.
Performance figures as of 31/01/2024, and are after fees before tax
Potentially Lower Returns
Potentially Higher Returns
The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. This risk indicator is not a guarantee of a fund’s future performance. As the fund does not have a five year history, the risk indicator was prepared using the relevant market index returns when the fund was not in existence, and the funds returns since inception. As a result, the risk indicator may provide a less reliable indicator of the potential future volatility of the fund.
The Ethical Growth Fund Includes a diversified selection of companies and fixed incomes that score highly on environmental, social and governance metrics according to our Ethical Investment Policy.
The fund is diversified across asset classes, industries and geographies. We use environmental, social and governance metrics, as well as financial metrics when making investment decisions.View Holdings
7.7% Cash & Cash Equivalents
8.8% New Zealand Fixed Interest
11.7% International Fixed Interest
20.6% Australasian Equities
41.5% International Equities
4.7% Listed Property
5.0% Other Assets
Number of Holdings
Australasian and International Equities, NZ and International Fixed Interest, Listed Property, Private Equities and Credits
Morningstar® Target Allocation Index™: Growth Multisector for New Zealand (non-New Zealand Fixed Interest 100% hedged to NZD. The index is gross of dividends and tax except for International Equities and International Listed Properties, which are gross of dividends after deducting the tax withheld)
Current Hedging Target
100% of non-NZD Fixed Interest exposure, 0% of other non-NZD exposure
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I don’t like a stock you hold, can I choose not to invest in this?
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