Investors' appetite for funds that are aligned with their values and investment beliefs is growing
Ethical investing in New Zealand, which is responsible investing that takes into account environmental, social and governance factors, grew 28% in the past year to $78.7 billion in response to consumer demand and strong returns.
The New Zealand Responsible Investment Benchmark Report 2016 shows that core responsible investment – ethical or socially responsible investment at the retail end of the market (including investments made by KiwiSaver schemes) – also increased by 18% over the year to $1.6 billion, reaching 2.6% of total assets under management.
Competitive returns from ethical investing
Dispelling the myth that socially responsible investment returns are weak compared to mainstream funds, the Australian Responsible Investment Benchmark Report 2016 shows that core responsible investment Australian equities funds outperformed both the ASX300 index and the average large cap Australian equities funds across one, three, five and 10 years.
Recently in New Zealand we read in the media about some KiwiSaver members who did not want to be part of funds that invested in cluster bombs and landmines.
For the younger generation, demand may be driven more by concern for the environment and a need to know where their money is going.
Older groups, such as boomers, are increasingly concerned about the kind of world they are leaving for younger generations and the kind of legacy that they will leave behind them.
What responsible investment is right for you?
If you're like a growing number of New Zealanders who want to make a difference, while still enjoying the benefits of strongly performing investments, talk to your adviser today on 0800 102 100 or click here to find out about what ethical investment options are best for you.
Are you one of the 84% of New Zealanders who would not have enough money to rebuild your home if it was destroyed in a fire, earthquake or other disaster?
The Treasury of New Zealand* reported recently that most Kiwis underestimate how much they need to insure their homes for - by as much as 28%.
For example, this would work out to approximately $140,000, on a $500,000 home.
Unsure or worried that your insurance might not be enough to cover the cost of repairs or a rebuild, call our team on 0800 438 238 or send us an email today.
*'Sum Insured' cover for household insurance - what are the risks? Published 9 May 2016. Treasury Staff Insights: Rangitaki article by James Sergeant.
As the weather starts to warm, it pays to remain vigilant when securing your home and property.
Warmer weather brings out burglars who prey upon carefree Kiwis who leave doors and windows open, or unlocked overnight, or while in the garden.
The advice is to lock doors and windows overnight or when you are away from part of the house, particularly anything which can be observed from the road.
And remember, we’re here for you when you need us.
We will listen to your needs and advise on an insurance plan and products to suit you and your budget. And if the worst happens, we can assist with claims to help make it easier and give you greater peace of mind.
Call our team today on 0800 438 238 or click here to get the right cover for your things.
Being in the wrong KiwiSaver fund can mean missing out on hundreds of thousands of dollars over your lifetime. In fact, more than 200,000 New Zealanders aged under 35 with their money in conservative KiwiSaver default funds are! If this is you, or someone you know, it might be time you reviewed your investment choices.
Prioritise your future! Give our team a call today on 0800 438 238 to be better prepared for your retirement.
If you have a pension fund in the UK, here’s some great news... You can now transfer your UK pension funds to AMP’s new Qualifying Recognised Overseas Pension solution in the New Zealand Retirement Trust (NZRT). And if you’ve already transferred your UK pension funds to New Zealand, find out why you might want to transfer to AMP’s NZRT.
0800 438 238