Funds
Nikko AM Ark Disruptive Innovation Fund
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
-
Palantir Technologies Inc-A 3.43%
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
War & Conflict
Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.
-
Meta Platforms Inc-Class A 2.53%
Public Safety
Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
META PLATFORMS INC-CLASS A Public Safety
Meta is the world’s largest online social network consisting of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. The company has faced several investigations and legal action linked to privacy-related allegations, including its handling of user data, and breaches of user privacy. Meta has also been criticised for its poor governance model, as well as allowing its platform in non-English speaking countries to be used to incite ethnic violence.
-
Palantir Technologies Inc-A 3.43%
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 31st March 2024 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 provides access to a global share portfolio that offers thematic exposure to disruptive innovation across a number of sectors, and geographies.
| Value | $27.2M NZD |
| Period of data report | 30th June 2024 |
| Members | 1,005 |
| Fund started | 20th Nov. 2020 |
| Total annual fund fees | 1.25% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.25% |
| Other management and administration charges | 0.0% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Alan Clarke |
Currently: Portfolio Manager, Diversified Funds & External Managers and member of the Investment Committee (0 years, 9 months) |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (1 years, 3 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.
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 |
|---|---|---|
| 2024 | 14.19% | 33.89% |
| 2023 | -4.84% | -35.59% |
| 2022 | 3.55% | -40.84% |
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 30th June 2024.
Top 10 Investments
-
Tesla Motors Inc
United States International Equities9.27% -
Coinbase Global Inc
United States International Equities6.65% -
Roku Inc
United States International Equities6.34% -
Roblox Corp
United States International Equities5.35% -
Block Inc
United States International Equities5.26% -
Robinhood Markets Inc
United States International Equities5.17% -
Palantir Technologies Inc
United States International Equities4.6% -
Shopify Inc
Canada International Equities3.83% -
Zoom Video Communications Inc
United States International Equities3.83% -
NZD BNP Paribas A/C
New Zealand Cash and Equivalents A-13.6%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 4.66% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 100.0% | 95.34% |
| 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 KiwiSaver fund has filed with Disclose register to 30th June 2024.