EXPLAINER: There are now more than a dozen weapons-free KiwiSaver schemes and funds meaning anybody who wishes to keep their retirement savings clear of the arms industry can easily do so. But after the mass-murder at two Christchurch mosques in March 2019, many people wanted their KiwiSaver schemes to go entirely weapons-free, says Coates. Mindful Money had a web page listing the KiwiSaver funds that were weapons-free. They were Amanah Growth, AMP Responsible Investment Balanced, Booster Socially Responsible Investment High Growth, Caresaver Conservative, Caresaver Balanced, Caresaver Growth, Christian KiwiSaver Balanced, Christian KiwiSaver Income, Christian KiwiSaver Growth, QuayStreet Socially Responsible Investment, Simplicity Balanced, Simplicity Conservative, Simplicity Growth, Simplicity Guaranteed Income, and SuperLife Ethica. Paul Brownsey from Caresaver says being in a weapons-free KiwiSaver fund does not mean accepting a lower return.
Source: Stuff February 18, 2021 15:56 UTC