Money Made Simple

MMS #72 | Does ethical investing compromise your returns?

Simplicity Season 2 Episode 72

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0:00 | 17:50

In this episode of Money Made Simple, Jennie sits down with Barry Coates, CEO of Mindful Money, to unpack what ethical investing really means and how Kiwis can put their KiwiSaver and other investments behind the values they care about. Barry brings decades of experience from the UK and NZ ethical investment communities, and more recently founded Mindful Money as a charity to give New Zealanders free, comparable information on what's actually inside their funds.

This episode covers:

  • What ethical investing really means, and the jargon you can safely ignore
  • How to find out what's actually inside your KiwiSaver
  • The three big things a fund manager can do with your money
  • What Kiwis consistently say they don't want their savings funding
  • Whether choosing ethical means giving up returns
  • How to spot greenwashing in funds that claim to do good
  • How your investment choices can matter as much as your shopping ones
  • Where to start, if you want your money to better match your values

Resources mentioned in this episode:

- Mindful Money Fund Finder - free tool to find a KiwiSaver or managed fund that fits your ethical values: https://mindfulmoney.nz

- Sorted Smart Investor - compare KiwiSaver and managed funds on fees, returns and more: https://smartinvestor.sorted.org.nz

- Simplicity "Where in the world is my money?' Tool: see exactly where your KiwiSaver is invested around the globe: https://simplicity.kiwi/calculators/kiwisaver/where-in-the-world-is-my-money

By the end of this episode you'll come away with a clearer sense of what ethical investing actually is, what your KiwiSaver might be funding without you realising, and why putting your money behind your values doesn't have to come at the cost of your returns.

*For information on Simplicity’s approach to ethical investing, go to simplicity.kiwi/about-us/ethical-investments where you’ll find a link to our Responsible Investment Policy.

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.