How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What this symbol means
General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.
Themes & Issues
Society
Education
Included
Green property
Included
Healthcare and medical products
Included
Renewable energy and energy efficiency
Included
Social and sustainable infrastructure
Included
Sustainable land and agricultural management
Included
Sustainable transport
Included
Sustainable water
Included
High scoring ESG companies
Included
Sustainable fashion and textiles/fashion technology
Included
Employment and vocational training
Included
Tobacco
Fully avoided
Armaments
Mostly avoided
Fossil fuels
Mostly avoided
Pornography
Mostly avoided
Environment
Education
Included
Green property
Included
Healthcare and medical products
Included
Renewable energy and energy efficiency
Included
Social and sustainable infrastructure
Included
Sustainable land and agricultural management
Included
Sustainable transport
Included
Sustainable water
Included
High scoring ESG companies
Included
Sustainable fashion and textiles/fashion technology
Included
Employment and vocational training
Included
Tobacco
Fully avoided
Armaments
Mostly avoided
Fossil fuels
Mostly avoided
Pornography
Mostly avoided
For RIAA’s definitions of the themes included and issues avoided, please view this guide . Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.
Overview
Responsible investment
We integrate ESG factors into our investment management process. We do this because we believe that these factorsare some of the drivers of long-term investment risks and returns.
When assessing an investment, we look at a range of financial and non-financial criteria. Financial criteria can includebalance sheet strength, valuation or future earnings. Non-financial criteria can include management strength, industrycomposition, environmental factors (e.g. pollution, resource usage, climate change), social factors (e.g. human rights,health and safety, diversity) or governance factors (e.g. corruption, transparency, board structure).
For the avoidance of doubt, we do not make investments in companies or industries based solely on ESG factors.Companies or industries that have any ESG issues are subject to further consideration. This covers both existing andprospective investments and consideration of some or all of the following:
Depending on the results of our review we might continue to hold, review on a periodic basis, divest, or exclude thecompany or industry as an investment.
If we buy units in a fund that isn’t managed by us, our investment might be exposed to companies we would ordinarilyexclude. This possibility is factored into our decision to buy any such units. We do not typically invest in such funds.
Our external fund managers are contracted by us to manage the assets of some of our underlying funds. Thiscontractual relationship enables us to set the investment mandate with our external fund managers and work withthem on matters such as responsible investment.
For more information about our approach to responsible investment, visit anz.co.nz/OA-responsibleinvesting
Description
The Conservative Balanced Fund invests mainly in income assets (cash and cash equivalents and fixed income), with some exposure to growth assets (equities, listed property and listed infrastructure). The fund may also invest in alternative assets. The Conservative Balanced Fund aims to achieve (after the fund charge and before tax) over the long-term a modest to moderate yearly return allowing for modest to moderate movements of value up and down including occasional negative yearly returns.
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
11
themes included
1
issues fully avoided
3
issues mostly avoided
0
issues partially avoided
Product Targets
Retail
Certified Since
Last date certified
March 4, 2025
Primary RI Strategy
KiwiSaver
Secondary RI Strategy
Controversy screening