Always Ethical

Values matter most when they’re enforced.

Our Ethical Mandate is a living process, with daily checks to ensure every investment meets our strict standards.

The result: a KiwiSaver that delivers competitive returns while supporting companies shaping a stronger future for the generations that follow.

- Always-Ethical Limited is the issuer of AE KiwiSaver Plan. Please refer to the AE KiwiSaver Plan Product Disclosure Statement on our website www.always-ethical.com.

- In accordance with our strict ethical mandate https://always-ethical.com/our-strict-ethical-mandate/. The annual audit report on our ethical mandate is conducted by William Buck. Refer to the Mindful Money website https://mindfulmoney.nz/kiwisaver/checker/ to verify our ethical standards. The fund itself does not invest in any prohibited activities. The underlying equity investments may, provided the prohibited investment is under 5% of the businesses activity and appropriately purified by donating to the charity for the poor.

- The ESG (environment, social, governance) risk weighted average of the fund is calculated at 16.96 as at 31st March 2025. This registers as LOW on the ESG risk scale.