First adviser-led KiwiSaver scheme

New investment manager, Aurora Capital, is delighted to announce the launch of the Aurora KiwiSaver Scheme. The Aurora KiwiSaver Scheme offers a range of funds that apply environmental, social and governance (ESG) principles, with a specific focus on investments that can improve the health of our planet, such as reducing the impact of climate change.

The initial core offering of the Aurora KiwiSaver Scheme, which is issued and hosted by Wellington-based company Implemented Investment Solutions, is comprised of three funds: the Aurora Conservative Fund, the Aurora Growth Fund, and the Aurora Future Focused Fund. The Aurora KiwiSaver Scheme also offers a lifecycle option, Aurora RetirementPlus, which blends the fund options to provide a targeted level of risk based on age.

The Aurora Conservative Fund and Aurora Growth Fund currently invest into underlying funds managed by Mint Asset Management. The Future Focused Fund invests in BlackRock ETFs, selected by Aurora Capital, that are comprised of companies with high ESG ratings and exposure to specific climate change themes.

Commenting on the launch, CEO and co-founder, Simon Rolland, said “Aurora Capital was created to provide KiwiSaver investors with an opportunity to use investment for good, and all the funds in the Aurora KiwiSaver Scheme are oriented around ESG principles. We are especially thrilled to bring a climate change focused fund to KiwiSaver investors because we believe that solving climate change is one of the greatest challenges we face today.”