We identify opportunities and vote for positive change on ESG issues in organisations we invest in. And, none of our funds have holdings in tobacco or controversial weapons companies, directly or indirectly. We not only exclude companies based on what they produce, we also exclude based on their behaviour and impact on people and the environment.
The investment approach we've taken provides greater opportunity to generate better market returns. Our responsible investment decisions reflect good long-term business sense. Members can feel good about doing the “right thing” without compromising potential returns.
Our New Zealand-based global investment management team has control over which industries and companies our funds are invested in. Decisions about what is or isn't invested in is in our control, guided by our Responsible Investment Policy.
Our Responsible Investment Policy sets out how we will incorporate responsible investing principles and practices into our investment decisions. This includes decisions to invest in securities and decisions to appoint investment managers.
We subscribe to MSCI ESG Research who provide us with in-depth research, ratings and analysis of the impact on the environment, social issues (like work conditions for employees) and governance-related business practices of thousands of companies worldwide. Their research provides us with critical insights that help us identify ESG risks and opportunities that traditional investment research may overlook.
Using the collective power of our investors we can use proxy voting to influence positive change on ESG issues in organisations we invest in. Through world class research provided by ISS we identify opportunities and, where relevant vote for change as a Socially Responsible Investor. Longer term, these votes make good business sense.
All of the investment funds in the Kiwi Wealth KiwiSaver Scheme are certified by the Responsible Investment Association Australasia (RIAA), the key local industry body representing responsible and ethical investors across Australia and New Zealand.**
Transparency is a core value of Kiwi Wealth, here is what we invest in for each of our six KiwiSaver funds:
CashPlus investment fund
Full portfolio holdings - CashPlus - 30 June 2019 (PDF, 432KB)
Full portfolio holdings - CashPlus - 31 March 2019 (PDF, 549KB)
Balanced investment fund
Full portfolio holdings - Balanced - 30 June 2019 (PDF, 432KB)
Full portfolio holdings - Balanced - 31 March 2019 (PDF, 895KB)
Conservative investment fund
Full portfolio holdings - Conservative - 30 June 2019 (PDF, 432KB)
Full portfolio holdings - Conservative - 31 March 2019 (PDF, 897KB)
of respondents believe that it is of at least some importance that KiwiSaver funds consider environmental, social, governance and/or ethical factors.
of respondents expect their KiwiSaver and other investments to be responsibly invested.
of respondents stated their choice was influenced more by ESG factors than their desire to maximise financial returns
of respondents stated that they would be more likely to invest in a KiwiSaver fund that is certified by an independent body as a 'Responsible Investor'.
Source: Kiwi Wealth Responsible Investment Annual Member Survey, November 2018
**The investment funds in the Kiwi Wealth KiwiSaver Scheme have been certified by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details.
The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.