Funds

OneAnswer International Share Fund

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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:

  • Adult Entertainment/Pornography
  • Alcohol
  • Animal Cruelty
  • Fossil Fuels
  • Gambling
  • GMOs
  • Human Rights & Environmental Violations
  • Palm Oil
  • Tobacco
  • Weapons

Companies of concern

  • Fossil Fuel

    • Valero Energy Corp 0.13%
    • Marathon Petroleum Corp 0.10%
    • Shell PLC 0.10%
    • Hf Sinclair Corporation 0.09%
    • China Petroleum & Chemical 0.08%
    • Lyondellbasell Industries Class A 0.07%
    • Itochu Corp 0.06%
    • Phillips 66 0.06%
    • Ck Hutchinson Holdings Ltd 0.05%
    • Marubeni Corp 0.05%
    • Repsol SA 0.05%
    • Sojitz Corporation 0.05%
    • Tenaga Nasional Berhad 0.05%
    • Mitsui Co Ltd 0.04%
    • Nrg Energy Inc 0.04%
    • OMV AG 0.04%
    • Vistra Corp 0.04%
    • Lg Corp 0.03%
    • Lg Uplus Corp 0.03%
    • Motor Oil Corinth Refineries SA 0.03%
    • Centrica PLC 0.02%

  • Weapons

    • Walmart De Mexico Sab De 0.39%
    • Amphenol Corporation - Class A 0.32%
    • Dicks Sporting Goods Inc. 0.11%
    • Canadian Tire Corp - Class A 0.06%

  • Gambling

    • Flutter Entertainment PLC 0.44%

  • Alcohol

    • Heineken Nv 1.22%
    • Diageo PLC 1.03%
    • Pernod-Ricard SA 0.72%
    • Carlsberg As - B Shs 0.24%
    • Molson Coors Beverage Co 0.10%
    • Beijing Enterprises Limited 0.04%

  • Human Rights & Environmental Violations

    • Nestle SA 1.84%
    • Thermo Fisher Scientific Inc 1.45%
    • Bayer AG 0.49%
    • Shell PLC 0.10%
    • China Petroleum & Chemical 0.08%
    • Archer Daniels Midland Co 0.07%
    • Johnson & Johnson 0.06%
    • Adeka Corp 0.04%
    • Teva Pharmaceutical Industries Limited 0.04%

  • Animal Cruelty

    • Nestle SA 1.84%
    • LVMH Moet Hennessy 1.31%
    • Danone 0.69%
    • Coca Cola Co 0.65%
    • Koninklijke Dsm Nv 0.61%
    • Air Liquide 0.58%
    • PPG Industries Inc 0.51%
    • Bayer AG 0.49%
    • 3M Company 0.47%
    • Rentokil Initial PLC 0.32%
    • Burberry Group PLC 0.31%
    • Colgate Palmolive Co 0.30%
    • Akzo Nobel N.V 0.29%
    • Sherwin-Williams Co 0.17%
    • Hermes International 0.16%
    • Koninklijke Ahold Delhaize Nv 0.11%
    • Molson Coors Beverage Co 0.10%
    • Shell PLC 0.10%
    • The Kraft Heinz Company 0.10%
    • The Mosaic Company 0.10%
    • China Petroleum & Chemical 0.08%
    • Archer Daniels Midland Co 0.07%
    • Eastman Chemical Co 0.07%
    • Lyondellbasell Industries Class A 0.07%
    • Tyson Foods Inc-Cl A 0.07%
    • Celanese Corporation Series A 0.06%
    • Huntsman Corp 0.05%
    • Yara International Asa 0.05%
    • Adeka Corp 0.04%
    • Solvay SA 0.04%
    • Tesco PLC 0.04%
    • Ingredion Inc 0.03%
    • Mitsubishi Gas Chemical Co 0.03%
    • Xerox Corp 0.03%
    • Trinseo PLC 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 30th Sept. 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.

About this fund

In their own words

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.

Value $66M NZD
Period of data report 31st Dec. 2022
Members 1,573
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 9.0
Total other charges currency NZD

Key Personnel

Paul Huxford

Currently: Chief Investment Officer, New Zealand (4 years, 6 months)
Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

Alan Clarke

Currently: Co-Head of Diversified Portfolio Management (3 years, 10 months)
Previously: Senior Mandate Research Manager, ANZ Bank New Zealand Limited (3 years, 7 months)

Maaike Van Tol

Currently: Co-Head of Diversified Portfolio Management (3 years, 10 months)
Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

Helen Skinner

Currently: Head of Responsible Investing (0 years, 7 months)
Previously: Head of Emerging Wealth, Craigs Investment Partners (1 years, 2 months)

Tina Gupta

Currently: Senior Investment Analyst (0 years, 5 months)
Previously: Senior Advisor - Market Conduct, Financial Markets Authority (3 years, 3 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.

Investment Exclusions

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 0.00%
Alcohol 3.35%
Animal Cruelty 9.99%
Fossil Fuels 1.22%
Gambling 0.44%
GMOs 0.00%
Human Rights & Environmental Violations 4.16%
Palm Oil 0.00%
Tobacco 0.00%
Weapons 0.88%

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

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
2022 3.94% 3.25%
2021 36.11% 31.51%
2020 -6.34% 1.06%
2019 9.78% 8.21%
2018 6.95% 11.48%
2017 10.40% 11.88%
2016 4.51% 5.12%
2015 15.30% 21.06%
2014 10.31% 12.61%
2013 13.23% 10.49%

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 Dec. 2022.

Top 10 Investments

  • Visa Inc
    United States International Equities
    2.54%
  • Nestle SA
    Switzerland International Equities
    1.75%
  • Hdfc Bank Ltd - Adr
    United States International Equities
    1.69%
  • LVMH Moet Hennessy
    France International Equities
    1.43%
  • Cash Deposit (J.P. Morgan USD)
    United States Cash and Equivalents A-1
    1.43%
  • Thermo Fisher Scientific Inc
    United States International Equities
    1.41%
  • Boston Scientific
    United States International Equities
    1.38%
  • Schneider Electric
    France International Equities
    1.35%
  • Roche Holding AG
    Switzerland International Equities
    1.25%
  • Comcast Corp - Class A
    United States International Equities
    1.18%
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.

Target

Actual

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.