AMP International Shares Fund

In their own words: "This is a single sector fund with exposure to a diversified global equities portfolio. The fund aims to achieve long term capital growth through exposure to equities of companies listed on stock exchanges around the world (which may include the NZ stock exchange for this fund)."

At a glance:

Not Mindful
Type: Aggressive fund
Past Returns: *6.75%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 0.88%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND612
Name AMP International Shares Fund
Risk profile Aggressive fund
Description This is a single sector fund with exposure to a diversified global equities portfolio. The fund aims to achieve long term capital growth through exposure to equities of companies listed on stock exchanges around the world (which may include the NZ stock exchange for this fund).
Value $4.4M NZD
Members 386
Market index description MSCI World ex Tobacco Net Index (60% hedged to NZD)
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Thu July 28th 2016
Three-year average return *6.75%
Market index past year return 26.96%
Past year return net charges and tax 23.15%
Past year return net of charges gross of tax 24.63%
Market index return since fund started 13.43%
Return since fund started net 10.57%
Total annual fund fees 0.88%
Total performance based fees 0.0%
Manager's basic fee 1.02%
Administration charges -0.14%
Total other charges 23.4
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 10.11% 4.86%
2018 6.68% 8.64%

The market index is the average NZ KiwiSaver 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 KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • Orbis Global Equity Le Fund
    Australia International Equities N/A
    9.99%
  • Microsoft Corp
    United States International Equities N/A
    2.33%
  • Apple Inc
    United States International Equities N/A
    2.14%
  • Amazon.Com Inc
    United States International Equities
    1.6%
  • Henderson Global Equity Multi Strategy Fund
    United States International Equities N/A
    1.36%
  • Facebook Inc
    United States International Equities N/A
    0.93%
  • Alphabet Inc (Class C)
    United States International Equities
    0.75%
  • Johnson & Johnson
    United States International Equities N/A
    0.75%
  • Alphabet Inc (Class A)
    United States International Equities N/A
    0.74%
  • Procter & Gamble Co/The
    United States International Equities N/A
    0.68%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.69%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 2.04%
International Equities 100.0% 97.27%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Blair Robert Vernon

    Currently: Investment Committee Member (8 years, 6 months)
    Previously: Chief Executive, AMP Wealth Management New Zealand (1 years, 0 months)

  • Jeffery Darren Ruscoe

    Currently: Investment Committee Member (0 years, 9 months)
    Previously: Chief Client Officer, AMP Wealth Management New Zealand (0 years, 9 months)

  • Timothy Pritchard

    Currently: Investment Committee Member (0 years, 9 months)
    Previously: General Counsel, AMP Wealth Management New Zealand (1 years, 7 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.94%
  • Animal Testing:
    7.89%
  • Fossil Fuels:
    5.29%
  • Gambling:
    0.26%
  • GMOs:
    0.73%
  • Human Rights & Environmental Violations:
    3.57%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.73%
  • Weapons:
    0.50%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Fossil Fuel

Exxon Mobil Corp 0.30%
Royal Dutch Shell Plc-B Shs 0.28%
Royal Dutch Shell Plc-A Shs - London Se 0.27%
Total Sa 0.27%
Bp Plc 0.27%
Chevron Corp 0.27%
Nextera Energy Inc 0.22%
BHP Group Plc 0.21%
BHP Group Ltd 0.21%
Conocophillips 0.21%
Anglo American Plc 0.15%
Phillips 66 0.13%
Omv Ag 0.12%
Suncor Energy Inc 0.10%
Eni Spa 0.10%
Occidental Petroleum Corp 0.09%
Kinder Morgan Inc/De 0.09%
Enbridge Inc 0.09%
Glencore Plc 0.08%
Engie Sa 0.08%
Valero Energy Corp 0.08%
Lyondellbasell Industries Nv 0.07%
Dominion Energy Inc 0.07%
Eog Resources Inc 0.07%
Marathon Petroleum Corp 0.07%
Enagas Sa 0.06%
Canadian Natural Resources Ltd 0.06%
South32 Ltd 0.05%
Royal Dutch Shell Plc-A Shs - Ams 0.04%
Snam Spa 0.04%
Woodside Petroleum Ltd 0.04%
Oneok Inc 0.04%
Cheniere Energy Inc 0.03%
Santos Ltd 0.03%
Marubeni Corp 0.03%
Repsol Sa 0.03%
Jxtg Holdings Inc 0.03%
Hollyfrontier Corp 0.02%
Equinor Asa 0.02%
Engie Eur1 Prime Fidelite 2020 0.02%
Pioneer Natural Resources Co 0.02%
Hess Corp 0.02%
Origin Energy Ltd 0.02%
Cenovus Energy Inc 0.02%
Pembina Pipeline Corp 0.02%
Cabot Oil & Gas Corp 0.02%
Atco Ltd/Canada 0.02%
Diamondback Energy Inc 0.02%
Lundin Petroleum Ab 0.02%
Marathon Oil Corp 0.01%
Concho Resources Inc 0.01%
Inpex Corp 0.01%
Noble Energy Inc 0.01%
Devon Energy Corp 0.01%
Suez 0.01%
Apa Group 0.01%
Apache Corp 0.01%
Bollore Sa 0.01%
Apache 0.16%
Total 0.16%
Inpex 0.15%

Weapons

Meggitt Plc 0.10%
Transdigm Group Inc 0.05%
Heico Corp 0.04%
Mitsubishi Heavy Industries Lt 0.04%
Heico Corp-Class A 0.03%
Singapore Technologies Enginee 0.01%
Mitsubishi 0.22%

Tobacco

Canopy Growth Corp 0.02%
British American Tobacco 0.47%
Imperial Brands 0.24%

Gambling

Las Vegas Sands Corp 0.09%
Genting Singapore Ltd 0.05%
Wynn Macau Ltd 0.03%
Aristocrat Leisure Ltd 0.02%
Mgm Resorts International 0.02%
Sands China Ltd 0.02%
Galaxy Entertainment Group Ltd 0.01%
Wynn Resorts Ltd 0.01%

Alcohol

Lvmh Moet Hennessy Louis Vuitt 0.23%
Diageo Plc 0.22%
Carlsberg A/S 0.12%
Anheuser-Busch Inbev Sa/Nv 0.10%
Pernod Ricard Sa 0.08%
Constellation Brands Inc 0.03%
Heineken Nv 0.03%
Molson Coors Brewing Co 0.03%
Davide Campari-Milano Spa 0.02%
Asahi Group Holdings Ltd 0.02%
Brown-Forman Corp 0.02%
Heineken Holding Nv 0.02%
Kirin Holdings Co Ltd 0.01%
Treasury Wine Estates Ltd 0.01%

Palm Oil

GMOs

Novartis Ag 0.43%
Bayer Ag 0.11%
Dupont De Nemours Inc 0.07%
Basf Se 0.07%
Nutrien Ltd 0.03%
Stora Enso Oyj 0.01%

Human Rights & Environmental Violations

Johnson & Johnson 0.80%
Nestle Sa 0.79%
Royal Dutch Shell Plc-B Shs 0.28%
Royal Dutch Shell Plc-A Shs - London Se 0.27%
Chevron Corp 0.27%
BHP Group Plc 0.21%
BHP Group Ltd 0.21%
Duke Energy Corp 0.15%
Glencore Plc 0.08%
Barrick Gold Corp - Tse 0.07%
Royal Dutch Shell Plc-A Shs - Ams 0.04%
Sempra Energy 0.04%
Archer-Daniels-Midland Co 0.03%
Nutrien Ltd 0.03%
Tokyo Electric Power Co Holdin 0.03%
Freeport-Mcmoran Inc 0.01%
Vale 0.22%

Animal Testing

Johnson & Johnson 0.800%
Nestle Sa 0.790%
Procter & Gamble Co/The 0.720%
Pepsico Inc 0.520%
Coca-Cola Co/The 0.330%
Royal Dutch Shell Plc-B Shs 0.280%
Royal Dutch Shell Plc-A Shs - London Se 0.270%
Chevron Corp 0.270%
Lvmh Moet Hennessy Louis Vuitt 0.230%
Colgate-Palmolive Co 0.220%
Unilever Plc 0.150%
Glaxosmithkline Plc 0.140%
Kimberly-Clark Corp 0.140%
Bayer Ag 0.110%
Walgreens Boots Alliance Inc 0.100%
L'Oreal Sa 0.100%
Unilever Nv 0.100%
Ecolab Inc 0.100%
Air Products & Chemicals Inc 0.090%
General Mills Inc 0.080%
Estee Lauder Cos Inc/The 0.070%
Danone Sa 0.070%
Basf Se 0.070%
Reckitt Benckiser Group Plc 0.060%
Church & Dwight Co Inc 0.060%
Ppg Industries Inc 0.050%
Air Liquide Eur5 Prime Fidelit 0.050%
Royal Dutch Shell Plc-A Shs - Ams 0.040%
Clorox Co/The 0.040%
L Brands Inc 0.040%
Coca-Cola Hbc Ag 0.040%
Givaudan Sa 0.040%
Archer-Daniels-Midland Co 0.030%
Air Liquide Sa 0.030%
Akzo Nobel Nv 0.030%
Coca-Cola European Partners Pl 0.030%
Shiseido Co Ltd 0.030%
Tesco Plc 0.030%
Koninklijke Dsm Nv 0.030%
Chr Hansen Holding A/S 0.030%
Beiersdorf Ag 0.020%
Mitsui Chemicals Inc 0.020%
Societe Bic Sa 0.020%
Henkel Ag & Co Kgaa Vorzug 0.020%
Kraft Heinz Co/The 0.020%
Solvay Sa 0.020%
Cabot Oil & Gas Corp 0.020%
International Flavors & Fragra - Nyse 0.010%
Symrise Ag 0.010%
Fmc Corp 0.010%
Kikkoman Corp 0.010%
Associated British Foods Plc 0.010%
Mitsubishi Gas Chemical Co Inc 0.010%
Newell Brands Inc 0.010%
Johnson Matthey Plc 0.010%
Croda International Plc 0.010%
British American Tobacco 0.471%
Imperial Brands 0.241%
Mitsubishi 0.220%
Reckitt Benckiser Group 0.178%

Download the fund's disclosure statement and portfolio holdings.

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Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.