Investnow Russell Investments Global Shares Fund

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Fund type: Aggressive fund

Past Returns: No 3 year data yet

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

Annual Fees: 0.89%

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

Aluminum Corp Of China Ltd-H 0.17%
Anglo American PLC 0.44%
Atmos Energy Corp 0.02%
BHP Group Ltd 0.05%
BHP Group PLC 0.03%
Canadian Natural Resources 0.04%
Centrica PLC 0.19%
Chevron Corp 0.10%
Coca-Cola Co/The 0.12%
Conocophillips 0.06%
Eneos Holdings Inc 0.03%
Eog Resources Inc 0.08%
Exxon Mobil Corp 0.13%
Franco-Nevada Corp 0.02%
Itochu Corp 0.02%
Kinder Morgan Inc 0.05%
Loews Corp 0.04%
Lukoil PJSC-Spon Adr 0.30%
Lyondellbasell Indu-Cl A 0.03%
Marathon Petroleum Corp 0.06%
Oneok Inc 0.04%
Osaka Gas Co Ltd 0.08%
Parex Resources Inc 0.01%
Petrobras - Petroleo Bras-Pr 0.23%
Phillips 66 0.03%
Pioneer Natural Resources Co 0.04%
Public Service Enterprise Gp 0.04%
Reliance Industries Ltd 0.52%
Repsol SA 0.02%
Rosneft Oil Co PJSC-Regs Gdr 0.10%
Royal Dutch Shell PLC-A Shs 0.05%
Royal Dutch Shell PLC-B Shs 0.23%
South32 Ltd 0.04%
Suncor Energy Inc 0.23%
Tokyo Gas Co Ltd 0.03%
Tullow Oil PLC 0.05%
Ugi Corp 0.04%
Vale SA 0.21%
Valero Energy Corp 0.03%

Weapons

Daicel Corp 0.21%
Ii-Vi Inc 0.06%
L3Harris Technologies Inc 0.07%
Leidos Holdings Inc 0.03%
Qinetiq Group PLC 0.30%

Tobacco

Alimentation Couche-Tard -B 0.02%

Gambling

Aristocrat Leisure Ltd 0.03%
Flutter Entertainment PLC-Di 0.08%
Galaxy Entertainment Group L 0.19%
Kindred Group PLC 0.01%
Mgm Resorts International 0.03%

Adult Entertainment/Pornography

Mgm Resorts International 0.03%

Alcohol

Constellation Brands Inc-A 0.11%
Diageo PLC 0.26%
Heineken Nv 0.21%
LVMH Moet Hennessy Louis Vui 0.20%
Molson Coors Beverage Co - B 0.03%

GMOs

Corteva Inc 0.05%

Human Rights & Environmental Violations

BHP Group Ltd 0.05%
BHP Group PLC 0.03%
Bank Leumi Le-Israel 0.09%
Barrick Gold Corp 0.02%
Chevron Corp 0.10%
Duke Energy Corp 0.04%
Freeport-Mcmoran Inc 0.15%
Johnson & Johnson 0.72%
Motorola Solutions Inc 0.06%
Nestle SA-Reg 0.62%
Pan American Silver Corp 0.04%
Rio Tinto Ltd 0.06%
Rio Tinto PLC 0.08%
Royal Dutch Shell PLC-A Shs 0.05%
Royal Dutch Shell PLC-B Shs 0.23%
Vale SA 0.21%
Zijin Mining Group Co Ltd-H 0.10%

Animal Testing

Akzo Nobel N.V. 0.03%
Archer-Daniels-Midland Co 0.06%
Chevron Corp 0.10%
Clorox Company 0.04%
Coca-Cola Co/The 0.12%
Colruyt SA 0.02%
Corteva Inc 0.05%
Covestro AG 0.05%
Daicel Corp 0.21%
Dow Inc 0.03%
Dupont De Nemours Inc 0.04%
Eastman Chemical Co 0.04%
Elementis PLC 0.13%
Ems-Chemie Holding AG-Reg 0.02%
Fujifilm Holdings Corp 0.02%
General Mills Inc 0.08%
Glaxosmithkline PLC 0.32%
Hindustan Unilever Ltd 0.06%
Hp Inc 0.10%
Ingersoll-Rand Inc 0.10%
Intl Flavors & Fragrances 0.03%
Johnson & Johnson 0.72%
Kao Corp 0.03%
Kellogg Co 0.03%
Keurig Dr Pepper Inc 0.03%
Kimberly-Clark Corp 0.04%
Kraft Heinz Co/The 0.05%
LVMH Moet Hennessy Louis Vui 0.20%
Linde PLC 0.03%
Lyondellbasell Indu-Cl A 0.03%
Mondelez International Inc-A 0.11%
Mosaic Co/The 0.04%
Nestle SA-Reg 0.62%
Nutrien Ltd 0.01%
Orkla Asa 0.07%
Pepsico Inc 0.53%
Procter & Gamble Co/The 0.39%
Reckitt Benckiser Group PLC 0.02%
Reliance Industries Ltd 0.52%
Royal Dutch Shell PLC-A Shs 0.05%
Royal Dutch Shell PLC-B Shs 0.23%
Sherwin-Williams Co/The 0.27%
Tesco PLC 0.27%
Unilever PLC 0.65%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.

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

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 Dec. 31st 2021.

Showing the top 10 investments for this fund:

  • NZD BNP Paribas A/C
    New Zealand Cash and Equivalents A+
    7.19%
  • Microsoft Corp Usd0.00005
    United States International Equities
    3.07%
  • Taiwan Semiconduct Manufacturing USD
    Taiwan, Province of China International Equities
    1.73%
  • Alphabet Inc Cap Stk Usd0.001 Cl A
    United States International Equities
    1.62%
  • Apple Inc
    United States International Equities
    1.61%
  • Futures Margin-NZD
    New Zealand Cash and Equivalents
    1.29%
  • Unitedhealth Group Inc Com Stk Us0.01
    United States International Equities
    1.27%
  • Samsung Electronics Co Ltd
    Kuwait International Equities
    1.18%
  • Facebook Inc Com USD Cl A
    United States International Equities
    1.11%
  • Alphabet Inc Com Cl C
    United States International Equities
    1.02%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 8.8%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.69%
International Equities 100.0% 90.15%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.36%
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 Dec. 31st 2021.

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).

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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.03%
  • Alcohol:
    0.80%
  • Animal Testing:
    6.61%
  • Fossil Fuels:
    4.00%
  • Gambling:
    0.34%
  • GMOs:
    0.05%
  • Human Rights & Environmental Violations:
    2.64%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.02%
  • Weapons:
    0.68%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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 an international shares fund that is actively managed using a multi-manager approach."

Value $260k NZD
Period of data report Fri Dec. 31st 2021
Members 40
Fund started Mon Oct. 5th 2020
Total annual fund fees 0.89%
Total performance based fees 0.0%
Manager's basic fee 0.8%
Other management and administration charges 0.09%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Mike Heath

Currently: Investment Committee Member (1 years, 9 months)
Previously: General Manager InvestNow (3 years, 9 months)

Anthony Edmonds

Currently: Investment Committee Member (1 years, 9 months)
Previously: Managing Director Implemented Investment Solutions (11 years, 1 months)

Anthony Sowerby

Currently: Investment Committee Member (1 years, 9 months)
Previously: Senior Product Manager Implemented Investment Solutions (0 years, 3 months)

Rachel Weld

Currently: Investment Committee Member (1 years, 9 months)
Previously: Principal Consultant Implemented Investment Solutions (1 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.