Investnow Macquarie All Country Global Shares Index Fund

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Fund type: Aggressive fund

Past Returns: No three year data yet

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

Annual Fees: 0.43%

Annual fees, including management and administration fees, but not membership fee.

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.


Fossil Fuel

Exxon Mobil Corp 0.72%
Chevron Corp 0.53%
Shell PLC 0.35%
Nextera Energy Inc 0.30%
Conocophillips 0.26%
BHP Group Ltd 0.24%
Totalenergies Se 0.22%
BP PLC 0.18%
Duke Energy Corp 0.14%
Enbridge Inc 0.14%
Southern Co/The 0.14%
Eog Resources Inc 0.12%
Canadian Natural Resources Ltd 0.11%
Dominion Energy Inc 0.11%
Iberdrola SA 0.11%
Marathon Petroleum Corp 0.11%
Occidental Petroleum Corp 0.11%
Glencore PLC 0.10%
Pioneer Natural Resources Co 0.10%
Sempra Energy 0.09%
American Electric Power Co Inc 0.08%
Cheniere Energy Inc 0.08%
National Grid PLC 0.08%
Phillips 66 0.08%
Suncor Energy Inc 0.08%
Tc Energy Corp 0.08%
Valero Energy Corp 0.08%
Anglo American PLC 0.07%
Devon Energy Corp 0.07%
Enel Spa 0.07%
Kinder Morgan Inc 0.07%
Mitsubishi Corp 0.07%
Woodside Energy Group Ltd 0.07%
Xcel Energy Inc 0.07%
Consolidated Edison Inc 0.06%
Constellation Energy Corp 0.06%
Equinor Asa 0.06%
Hess Corp 0.06%
Mitsui & Co Ltd 0.06%
Public Service Enterprise Group Inc 0.06%
Wec Energy Group Inc 0.06%
Williams Cos Inc/The 0.06%
Dte Energy Co 0.05%
Eni Spa 0.05%
Itochu Corp 0.05%
Oneok Inc 0.05%
Rwe AG 0.05%
Ameren Corp 0.04%
Cenovus Energy Inc 0.04%
Coterra Energy Inc 0.04%
Diamondback Energy Inc 0.04%
Engie SA 0.04%
Entergy Corp 0.04%
Franco-Nevada Corp 0.04%
Lyondellbasell Industries Nv 0.04%
Neste Oyj 0.04%
Pg&E Corp 0.04%
Ppl Corp 0.04%
Aes Corp/The 0.03%
Ck Hutchison Holdings Ltd 0.03%
Clp Holdings Ltd 0.03%
Cms Energy Corp 0.03%
Edp - Energias De Portugal SA 0.03%
Fortis Inc/Canada 0.03%
Marathon Oil Corp 0.03%
Marubeni Corp 0.03%
Pembina Pipeline Corp 0.03%
Repsol SA 0.03%
Santos Ltd 0.03%
Sumitomo Corp 0.03%
Targa Resources Corp 0.03%
Tourmaline Oil Corp 0.03%
Aker BP Asa 0.02%
Alliant Energy Corp 0.02%
Apa Corp 0.02%
Arc Resources Ltd 0.02%
Arcelormittal SA 0.02%
Atmos Energy Corp 0.02%
Ck Asset Holdings Ltd 0.02%
Emera Inc 0.02%
Eneos Holdings Inc 0.02%
Eqt Corp 0.02%
Evergy Inc 0.02%
Hong Kong & China Gas Co Ltd 0.02%
Imperial Oil Ltd 0.02%
Inpex Corp 0.02%
Jardine Matheson Holdings Ltd 0.02%
Keppel Corp Ltd 0.02%
Loews Corp 0.02%
Nippon Steel Corp 0.02%
Nisource Inc 0.02%
Nrg Energy Inc 0.02%
Origin Energy Ltd 0.02%
Power Assets Holdings Ltd 0.02%
Snam Spa 0.02%
South32 Ltd-Lon 0.02%
Texas Pacific Land Corp 0.02%
Ugi Corp 0.02%
Vistra Corp 0.02%
Algonquin Power & Utilities Corp 0.01%
Apa Group 0.01%
Ck Infrastructure Holdings Ltd 0.01%
Delta Air Lines Inc 0.01%
Endesa SA 0.01%
Eqt Ab 0.01%
Idemitsu Kosan Co Ltd 0.01%
Kansai Electric Power Co Inc/The 0.01%
Keyera Corp 0.01%
Mitsui Osk Lines Ltd 0.01%
Nippon Yusen Kk Temp 0.01%
Northland Power Inc 0.01%
Osaka Gas Co Ltd 0.01%
Tokyo Gas Co Ltd 0.01%

Weapons

Walmart Inc 0.38%
Amphenol Corp 0.08%
Transdigm Group Inc 0.06%
Heico Corp-Class A 0.03%
Teledyne Technologies Inc 0.03%
Heico Corp 0.02%
Howmet Aerospace Inc 0.02%
Canadian Tire Corp Ltd 0.01%
Icl Group Ltd 0.01%
Mtu Aero Engines AG 0.01%
Onex Corp 0.01%
Rheinmetall AG 0.01%

Tobacco

Alimentation Couche-Tard Inc 0.06%

Gambling

Vici Properties Inc 0.05%
Flutter Entertainment PLC 0.04%
Aristocrat Leisure Ltd 0.03%
Galaxy Entertainment Group Ltd 0.03%
Las Vegas Sands Corp 0.03%
Gaming and Leisure Properties Inc 0.02%
Lottery Corp Ltd/The 0.02%
Mgm Resorts International 0.02%
Wynn Resorts Ltd 0.02%
Caesars Entertainment Inc 0.01%
Entain PLC 0.01%

Adult Entertainment/Pornography

Mgm Resorts International 0.02%
Caesars Entertainment Inc 0.01%

Alcohol

Diageo PLC 0.18%
Constellation Brands Inc 0.08%
Pernod Ricard SA 0.08%
Anheuser-Busch Inbev SA/Nv 0.07%
Heineken Nv 0.05%
Brown-Forman Corp 0.04%
Asahi Group Holdings Ltd 0.03%
Kirin Holdings Co Ltd 0.03%
Carlsberg As 0.02%
Heineken Holding Nv 0.02%
Molson Coors Beverage Co 0.02%

Palm Oil

Wilmar International Ltd 0.02%

GMOs

Corteva Inc 0.08%

Human Rights & Environmental Violations

Johnson & Johnson 0.82%
Meta Platforms Inc 0.61%
Nestle SA 0.59%
Chevron Corp 0.53%
Thermo Fisher Scientific Inc 0.40%
Shell PLC 0.35%
Wells Fargo & Co 0.29%
BHP Group Ltd 0.24%
Caterpillar Inc 0.17%
Duke Energy Corp 0.14%
Activision Blizzard Inc 0.11%
Rio Tinto PLC 0.11%
Glencore PLC 0.10%
Bayer AG 0.09%
Nutrien Ltd 0.09%
Archer-Daniels-Midland Co 0.08%
Corteva Inc 0.08%
Freeport-Mcmoran Inc 0.08%
Motorola Solutions Inc 0.08%
Uber Technologies Inc 0.08%
Basf Se 0.06%
Barrick Gold Corp-Tse 0.05%
Pg&E Corp 0.04%
Rio Tinto Ltd 0.04%
Bank Hapoalim Bm 0.02%
Bank Leumi Le-Israel Bm 0.02%
Credit Suisse Group AG 0.02%
Fmc Corp 0.02%
Nissan Chemical Corp 0.02%
Teva Pharmaceutical Industries Ltd 0.02%
Wilmar International Ltd 0.02%
Mizrahi Tefahot Bank Ltd 0.01%
Tokyo Electric Power Co Holdings Inc 0.01%

Animal Testing

Exxon Mobil Corp 0.72%
Procter & Gamble Co/The 0.60%
Nestle SA 0.59%
Chevron Corp 0.53%
Coca-Cola Co/The 0.44%
Pepsico Inc 0.44%
Shell PLC 0.35%
LVMH Moet Hennessy Louis Vuitton Se 0.32%
Unilever PLC - EUR 0.20%
L'Oreal SA 0.15%
Mondelez International Inc 0.15%
3M Co 0.11%
Air Liquide SA 0.11%
Colgate-Palmolive Co 0.11%
Estee Lauder Cos Inc/The 0.10%
Sherwin-Williams Co/The 0.10%
Bayer AG 0.09%
Nutrien Ltd 0.09%
Archer-Daniels-Midland Co 0.08%
Constellation Brands Inc 0.08%
Corteva Inc 0.08%
General Mills Inc 0.08%
Hermes International 0.08%
Kimberly-Clark Corp 0.08%
Daikin Industries Ltd 0.07%
Ecolab Inc 0.07%
Mitsubishi Corp 0.07%
Albemarle Corp 0.06%
Basf Se 0.06%
Dow Inc 0.06%
Dupont De Nemours Inc 0.06%
Givaudan SA 0.06%
Kering SA 0.06%
Keurig Dr Pepper Inc 0.06%
Koninklijke Ahold Delhaize Nv 0.06%
Canon Inc 0.05%
Danone SA 0.05%
Eni Spa 0.05%
International Flavors & Fragrances Inc 0.05%
PPG Industries Inc 0.05%
Church & Dwight Co Inc 0.04%
Denso Corp 0.04%
Kao Corp 0.04%
Koninklijke Dsm Nv 0.04%
Kraft Heinz Co/The 0.04%
Lyondellbasell Industries Nv 0.04%
Tesco PLC 0.04%
Ajinomoto Co Inc 0.03%
Asahi Group Holdings Ltd 0.03%
Clorox Co/The 0.03%
Entegris Inc 0.03%
Fujifilm Holdings Corp 0.03%
Hormel Foods Corp 0.03%
Kellogg Co 0.03%
Kerry Group PLC 0.03%
Mosaic Co/The 0.03%
Sgs SA 0.03%
Shiseido Co Ltd 0.03%
Symrise AG 0.03%
Tyson Foods Inc 0.03%
Aker BP Asa 0.02%
Akzo Nobel Nv 0.02%
Avantor Inc 0.02%
Barry Callebaut AG 0.02%
Beiersdorf AG 0.02%
Campbell Soup Co 0.02%
Celanese Corp 0.02%
Croda International PLC 0.02%
Eastman Chemical Co 0.02%
Essity Ab 0.02%
Fmc Corp 0.02%
George Weston Ltd 0.02%
Henkel AG & Co Kgaa Vorzug 0.02%
Intertek Group PLC 0.02%
Kikkoman Corp 0.02%
Molson Coors Beverage Co 0.02%
Moncler Spa 0.02%
Nissan Chemical Corp 0.02%
Novozymes A/S 0.02%
Otsuka Holdings Co Ltd 0.02%
Rentokil Initial PLC 0.02%
Rpm International Inc 0.02%
Unicharm Corp 0.02%
Unilever PLC - Gbp 0.02%
Wilmar International Ltd 0.02%
Burberry Group PLC 0.01%
Clariant AG 0.01%
Dcc PLC 0.01%
Ems-Chemie Holding AG 0.01%
Groupe Bruxelles Lambert SA-Bru 0.01%
Henkel AG & Co Kgaa 0.01%
Icl Group Ltd 0.01%
Idemitsu Kosan Co Ltd 0.01%
Nippon Paint Holdings Co Ltd 0.01%
Ricoh Co Ltd 0.01%
Solvay SA 0.01%
Umicore SA 0.01%
Yara International Asa 0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Fri Sept. 30th 2022 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.

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
2022 3.94% 6.59%

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 KiwiSaver fund has filed with Disclose register to Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Macquarie All Country Global Shares Index Fund
    New Zealand International Equities
    100.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Sept. 30th 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 2.02%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 1.94%
International Equities 100.0% 96.04%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 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 Fri Sept. 30th 2022.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.03%
  • Alcohol:
    0.65%
  • Animal Testing:
    8.22%
  • Fossil Fuels:
    7.79%
  • Gambling:
    0.29%
  • GMOs:
    0.08%
  • Human Rights & Environmental Violations:
    5.41%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.06%
  • Weapons:
    0.71%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Fri Sept. 30th 2022 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.

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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

In their own words

"Provides exposure to a passively managed global shares portfolio. The underlying fund targets a position of being 69% gross hedged to the new Zealand dollar."

Value $11M NZD
Period of data report Fri Sept. 30th 2022
Members 874
Fund started Mon Oct. 5th 2020
Total annual fund fees 0.43%
Total performance based fees 0.0%
Manager's basic fee 0.3%
Other management and administration charges 0.13%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Mike Heath

Currently: Investment Committee Member (2 years, 6 months)
Previously: General Manager, InvestNow (4 years, 6 months)

Anthony Edmonds

Currently: Investment Committee Member (2 years, 6 months)
Previously: Managing Director, Implemented Investment Solutions (11 years, 10 months)

Anthony Sowerby

Currently: Investment Committee Member (2 years, 6 months)
Previously: Senior Product Manager, Implemented Investment Solutions (1 years, 0 months)

Jason Choy

Currently: Investment Committee Member (0 years, 2 months)
Previously: Chief Investment and Product Officer, InvestNow (0 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Sept. 30th 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. 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 Markets Conduct Act 2013 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.