Funds
Stewart Investors Worldwide Leaders Sustainability Fund
Fund type: Aggressive fund
Past Returns: *19.40%Annual Fees: 0.62%
Issues of concern
The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
Human Rights Violations
-
Nestle SA-Reg 2.18%
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
NESTLE SA-REG Human Rights Abuses
Nestle manufactures and sells food and beverages. The company has been criticised for exploiting local water resources for its bottled water production, which has forced underprivileged communities to pay a premium for their groundwater while alternatives have been exhausted. There have also been several allegations of labour conflicts and human rights violations in Nestle’s palm oil, coffee, fruits and seafood supply chains.
-
Nestle SA-Reg 2.18%
Animal Cruelty
-
Unicharm Corp 2.83%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Beiersdorf AG 2.34%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Unicharm Corp 2.83%
Fossil Fuels
Fund Provider Response
For more details on the investment cases for the companies we invest in, including the ones flagged above, please see our Portfolio Explorer tool: https://www.stewartinvestors.com/nz/en/adviser-institutional.html
We recognise WEG’s exposure to fossil fuels and disclose this publicly alongside our position statement linked here - https://www.stewartinvestors.com/nz/en/adviser-institutional/insights/our-position-on-harmful-and-controversial-products-and-services.html
This data is compiled by Mindful Money from the fund information and portfolios
that each fund has
filed with the Disclose register to 30th Sept. 2023 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
About this fund
In their own words
The fund invests in companies which are positioned to contribute to, and benefit from sustainable development. Larger capitalisation companies are currently defined for the purposes of this fund as companies with a minimum investible market cap (free float) of US$5 billion at the time of investment. The Investment Manager may revise this definition as considered appropriate. The fund may have exposure to developed markets or emerging markets whilst maintaining its geographical diversity.
Value | $48.7M NZD |
Period of data report | 31st Dec. 2023 |
Fund started | 2nd Sept. 2022 |
Total annual fund fees | 0.62% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.62% |
Other management and administration charges | 0.0% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Sashi Reddy |
Currently: Portfolio Manager/Investment Analyst (16 years, 2 months) |
David Gait |
Currently: Portfolio Manager/Investment Analyst (26 years, 1 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.
Past Returns
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
Year | Market Average | Fund Annual Return |
---|
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.
Top 10 Investments
-
Watsco Inc
United States International Equities6.66% -
Mahindra & Mahindra Limited
India International Equities6.33% -
Biomerieux Npv
France International Equities5.54% -
Hdfc Bank Inr1
India International Equities5.25% -
Fortinet Inc Com
United States International Equities4.97% -
Deutsche Post AG
Germany International Equities4.83% -
Costco Wholesale Corp
United States International Equities4.68% -
Infineon Technologies AG
Germany International Equities3.72% -
Beiersdorf AG
Germany International Equities3.69% -
Arista Networks In Com
United States International Equities3.1%
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 10.0% | 2.97% |
New Zealand Fixed Interest | 0.0% | 0.0% |
International Fixed Interest | 0.0% | 0.0% |
Australasian Equities | 0.0% | 1.19% |
International Equities | 90.0% | 95.84% |
Listed Properties | 0.0% | 0.0% |
Unlisted Properties | 0.0% | 0.0% |
Other | 0.0% | 0.0% |
Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.