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

    • Thermo Fisher Scientific Inc 1.39%
    • Nestle SA-Reg 1.36%
    • Ubs Group AG-Reg 0.89%
    • Wells Fargo & Co 0.14%
    • Caterpillar Inc 0.10%
    • Johnson & Johnson 0.09%
    • China Petroleum & Chemical-H 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Teva Pharmaceutical Ind Ltd 0.06%
    • Shell PLC 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Archer-Daniels-Midland Co 0.07%
    • Adeka Corp 0.05%
    • Wh Group Ltd 0.04%
    • LVMH Moet Hennessy Louis Vui 1.22%
    • Air Liquide SA 0.79%
    • Intl Flavors & Fragrances 0.57%
    • PPG Industries Inc 0.46%
    • Akzo Nobel N.V. 0.32%
    • Burberry Group PLC 0.25%
    • Hermes International 0.24%
    • L'Oreal 0.23%
    • Sherwin-Williams Co/The 0.18%
    • Shell PLC 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Koninklijke Ahold Delhaize N 0.10%
    • Eastman Chemical Co 0.09%
    • China Petroleum & Chemical-H 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Adeka Corp 0.05%
    • Mosaic Co/The 0.05%
    • Syensqo SA 0.04%
    • Yara International Asa 0.04%
    • Capri Holdings Ltd 0.03%
    • Mitsubishi Gas Chemical Co 0.03%
    • Solvay SA 0.01%
    • Dick'S Sporting Goods Inc 0.10%
    • Sojitz Corp 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Canadian Tire Corp-Class A 0.05%
    • Intertek Group PLC 0.31%
    • Marathon Petroleum Corp 0.19%
    • Shell PLC 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Valero Energy Corp 0.13%
    • Mitsui & Co Ltd 0.12% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Total SA 0.12%
    • Phillips 66 0.11%
    • Hf Sinclair Corp 0.09%
    • Itochu Corp 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • China Petroleum & Chemical-H 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sojitz Corp 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nrg Energy Inc 0.07%
    • Repsol SA 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Jefferies Financial Group In 0.06%
    • Scorpio Tankers Inc 0.06%
    • Delta Air Lines Inc 0.05%
    • Marubeni Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Motor Oil (Hellas) SA 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • OMV AG 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Beijing Enterprises Hldgs 0.04%
    • Centrica PLC 0.04%
    • Ck Hutchison Holdings Ltd 0.04%
    • Lg Corp 0.04%
    • Lg Uplus Corp 0.02%

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

The International Share Fund invests mainly in international equities. Investments may include equities in companies that are listed or are soon to be listed on a stock exchange, and cash and cash equivalents. The International Share Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term outperforms the relevant market index.

Value $82.7M NZD
Period of data report 31st March 2024
Members 1,500
Fund started 1st Oct. 2007
Total annual fund fees 1.05%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Other management and administration charges 0.05%
Total other charges 0.0
Total other charges currency NZD

Mathew Young

Currently: Deputy Chief Investment Offficer* (0 years, 1 months)
Previously: Head of FX Strategy and Implementation, ANZ Bank New Zealand Limited (5 years, 1 months)

Maaike Van Tol

Currently: Head of Asset Allocation (5 years, 1 months)
Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

Helen Skinner

Currently: Head of Responsible Investing (1 years, 10 months)
Previously: Head of Emerging Wealth, Craigs Investment Partners (1 years, 2 months)

George Crosby³

Currently: Chief Investment Officer (0 years, 1 months)
Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

Heath Smith

Currently: Senior Investment Analyst (0 years, 10 months)
Previously: Client Relationship Manager (Wholesale and Institutional), ANZ Bank New Zealand Limited (6 years, 2 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 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% 18.32%
2023 -4.84% 1.83%
2022 3.55% 3.25%
2021 33.87% 31.51%
2020 -6.10% 1.06%
2019 10.35% 8.21%
2018 6.95% 11.48%
2017 10.40% 11.88%
2016 4.51% 5.12%
2015 15.30% 21.06%

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 31st March 2024.

Top 10 Investments

  • Microsoft Corp
    United States International Equities
    1.77%
  • Visa Inc
    United States International Equities
    1.62%
  • Thermo Fisher Scientific Inc
    United States International Equities
    1.39%
  • Nestle SA
    Switzerland International Equities
    1.36%
  • Hdfc Bank Ltd - Adr
    United States International Equities
    1.31%
  • Mastercard Inc
    United States International Equities
    1.3%
  • Schneider Electric
    France International Equities
    1.24%
  • LVMH Moet Hennessy
    France International Equities
    1.22%
  • Boston Scientific
    United States International Equities
    1.2%
  • Comcast Corporation - Class A
    United States International Equities
    1.19%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.01%
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% 99.99%
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.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2024.