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

    • Petrochina Co Ltd-A 0.25% !!
      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
    • Grupo Mexico Sab De Cv-Ser B 0.23%
    • China Petroleum & Chemical-A 0.20% !!
      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
    • Oil & Natural Gas Corp Ltd 0.16%
    • Adani Ports and Special Econ 0.15%
    • Centrais Eletricas Brasilier 0.14%
    • Mtn Group Ltd 0.11%
    • Formosa Chemicals & Fibre 0.07%
    • Li Ning Co Ltd 0.07%
    • Page Industries Ltd 0.03%
    • Steel Authority Of India 0.03%
    • Centrais Eletricas Bras-Pr B 0.02%
    • Zte Corp-H 0.02%
    • Avichina Industry & Tech-H 0.01%
    • Vale SA 0.57%
    • Ntpc Ltd 0.24%
    • Adani Enterprises Ltd 0.17%
    • Zijin Mining Group Co Ltd-H 0.14%
    • Astra International Tbk Pt 0.08%
    • Evergreen Marine Corp Ltd 0.07%
    • Jbs SA 0.07%
    • Soc Quimica Y Minera Chile-B 0.07%
    • Harmony Gold Mining Co Ltd 0.06%
    • Bharat Heavy Electricals 0.05%
    • Pi Industries Ltd 0.05%
    • Vedanta Ltd-Adr 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
    • Sime Darby Plantation Bhd 0.04%
    • Upl Ltd 0.04%
    • Zijin Mining Group Co Ltd-A 0.04%
    • Genting Bhd 0.03%
    • Ioi Corp Bhd 0.03%
    • Kuala Lumpur Kepong Bhd 0.03%
    • Ppb Group Berhad 0.03%
    • Tata Chemicals Ltd. 0.03%
    • Astra Industrial Group 0.02%
    • China Traditional Chinese Me 0.02%
    • Coromandel International Ltd. 0.02%
    • Ijm Corp Bhd 0.02%
    • Indofood Cbp Sukses Makmur T 0.02%
    • Indofood Sukses Makmur Tbk P 0.02%
    • Patanjali Foods Ltd 0.02%
    • Ql Resources Bhd 0.02%
    • Atul Ltd. 0.01%
    • Bayer Cropscience Ltd 0.01%
    • Hap Seng Consolidated 0.01%
    • Hindustan Zinc Ltd 0.01%
    • Tres Tentos Agroindustrial S 0.01%
    • Reliance Industries Ltd 1.49% !!
      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
    • Hindustan Unilever Ltd 0.30%
    • China Petroleum & Chemical-A 0.20% !!
      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
    • Asian Paints Ltd 0.19%
    • Itc Ltd 0.19%
    • Hindalco Industries Ltd 0.12%
    • Nan Ya Plastics Corp 0.11%
    • Formosa Plastics Corp 0.10%
    • Formosa Chemicals & Fibre 0.07%
    • Jbs SA 0.07%
    • Sasol Ltd 0.06% !!
      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
    • Ultrapar Participacoes SA 0.06%
    • Colgate Palmolive (India) 0.05%
    • Petronas Chemicals Group Bhd 0.05%
    • Pi Industries Ltd 0.05%
    • Srf Ltd 0.05%
    • Hindustan Petroleum Corp 0.04% !!
      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
    • Sahara International Petroch 0.04%
    • Supreme Industries Ltd 0.04%
    • Upl Ltd 0.04%
    • Berger Paints India Ltd 0.03%
    • Hengan Intl Group Co Ltd 0.03%
    • Orbia Advance Corp Sab De Cv 0.03%
    • Tata Chemicals Ltd. 0.03%
    • Wanhua Chemical Group Co -A 0.03%
    • Astra Industrial Group 0.02%
    • Coromandel International Ltd. 0.02%
    • Deepak Nitrite Ltd 0.02%
    • Gujarat Fluorochemicals Ltd 0.02%
    • Kimberly-Clark De Mexico-A 0.02%
    • Navin Fluorine International 0.02%
    • Taiwan Fertilizer Co Ltd 0.02%
    • 3M India Ltd. 0.01%
    • Bayer Cropscience Ltd 0.01%
    • China Petrochemical Dev Corp 0.01%
    • Dongyue Group 0.01%
    • Emami Ltd. 0.01%
    • Eternal Materials Co Ltd 0.01%
    • Fufeng Group Ltd 0.01%
    • Nan Pao Resins Chemical Co L 0.01%
    • Unilever Indonesia Tbk Pt 0.01%
    • Larsen & Toubro Ltd 0.38%
    • Adani Enterprises Ltd 0.17%
    • Bharat Electronics Ltd 0.11%
    • Hindustan Aeronautics Ltd. 0.09%
    • Embraer SA 0.05%
    • Ashok Leyland Ltd 0.04%
    • Bharat Forge Ltd 0.04%
    • Aselsan Elektronik Sanayi 0.03%
    • Avichina Industry & Tech-H 0.01%
    • Reliance Industries Ltd 1.49% !!
      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
    • Vale SA 0.57%
    • Petrobras - Petroleo Bras-Pr 0.47% !!
      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
    • Petrobras - Petroleo Bras 0.36% !!
      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
    • Saudi Arabian Oil Co 0.32% !!
      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
    • Petrochina Co Ltd-A 0.25% !!
      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
    • Ntpc Ltd 0.24%
    • Grupo Mexico Sab De Cv-Ser B 0.23%
    • Acwa Power Co 0.21%
    • China Petroleum & Chemical-A 0.20% !!
      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
    • Tata Steel Ltd 0.20%
    • Adani Enterprises Ltd 0.17%
    • China Shenhua Energy Co-H 0.17%
    • Oil & Natural Gas Corp Ltd 0.16%
    • Coal India Ltd 0.15%
    • Centrais Eletricas Brasilier 0.14%
    • Weg SA 0.14%
    • Tenaga Nasional Bhd 0.11%
    • Indian Oil Corp Ltd 0.10%
    • Tata Power Co Ltd 0.10%
    • Adani Power Ltd. 0.09%
    • Bharat Petroleum Corp Ltd 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
    • Astra International Tbk Pt 0.08%
    • Citic Ltd 0.08%
    • Grupo Financiero Inbursa-O 0.08%
    • Pegatron Corp 0.08%
    • Taiwan Cement 0.08%
    • Cez As 0.07%
    • Enn Energy Holdings Ltd 0.07%
    • Gail India Ltd 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
    • Koc Holding As 0.07%
    • Sasol Ltd 0.06% !!
      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
    • Yankuang Energy Group Co-H 0.06%
    • Adani Transmission Ltd 0.05%
    • China Resources Power Holdin 0.05%
    • Cosan 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
    • Jindal Steel & Power Ltd 0.05%
    • Mytilineos Holdings S.A. 0.05%
    • Saudi Electricity Co 0.05%
    • Shree Cement Ltd 0.05%
    • Vedanta Ltd-Adr 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
    • Abu Dhabi National Oil Company (Adnoc) 0.04% !!
      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
    • Citic Securities Co Ltd-H 0.04%
    • Formosa Petrochemical Corp 0.04%
    • Haci Omer Sabanci Holding 0.04%
    • Hindustan Petroleum Corp 0.04% !!
      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
    • Kunlun Energy Co Ltd 0.04% !!
      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
    • Misc Bhd 0.04%
    • Mol Hungarian Oil and Gas Pl 0.04%
    • Petronas Gas Bhd 0.04%
    • Qatar Gas Transport(Nakilat) 0.04%
    • Qatar Navigation 0.04%
    • Torrent Power Ltd 0.04%
    • Acc Ltd 0.03%
    • Aluminum Corp Of China Ltd-H 0.03%
    • China Coal Energy Co-H 0.03%
    • China Longyuan Power Group-H 0.03%
    • China Power International 0.03%
    • China Shenhua Energy Co-A 0.03%
    • Exxaro Resources Ltd 0.03%
    • Genting Bhd 0.03%
    • Gmr Airports Infrastructure 0.03%
    • Huaneng Power Intl Inc-H 0.03%
    • Jindal Stainless Ltd 0.03%
    • Jsw Energy Ltd 0.03%
    • Nmdc Ltd 0.03%
    • Oil India Ltd 0.03% !!
      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 Petrom SA 0.03% !!
      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
    • Petronet Lng Ltd 0.03% !!
      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
    • Public Power Corp 0.03%
    • Shaanxi Coal Industry Co L-A 0.03%
    • United Tractors Tbk Pt 0.03%
    • Ytl Corp Bhd 0.03%
    • 3R Petroleum Oleo E Gas SA 0.02%
    • Adaro Energy Indonesia Tbk P 0.02%
    • Beijing Enterprises Hldgs 0.02%
    • Centrais Eletricas Bras-Pr B 0.02%
    • Ecopetrol SA 0.02% !!
      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
    • Enel Americas SA 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Enel Chile SA 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Eneva SA 0.02% !!
      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
    • Engie Brasil Energia SA 0.02% !!
      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
    • Gcc Sab De Cv 0.02%
    • Great Eastern Shipping Co 0.02%
    • Guangdong Investment Ltd 0.02%
    • Inner Mongolia Yitai Coal-B 0.02%
    • Manila Electric Company 0.02%
    • Motor Oil (Hellas) SA 0.02% !!
      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
    • Petronas Dagangan Bhd 0.02%
    • Qatar Electricity & Water Co 0.02%
    • The Ramco Cements Ltd. 0.02%
    • African Rainbow Minerals Ltd 0.01%
    • Akr Corporindo Tbk Pt 0.01%
    • Aneka Tambang Tbk 0.01%
    • Bumi Resources Minerals Tbk 0.01%
    • Bumi Resources Tbk Pt 0.01%
    • Cesc Ltd. 0.01%
    • China National Nuclear Pow-A 0.01%
    • Colbun SA 0.01%
    • Dana Gas 0.01% !!
      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
    • Dmci Holdings, Inc. 0.01%
    • Ecopetrol SA-Sponsored Adr 0.01% !!
      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
    • Helleniq Energy Holdings SA 0.01%
    • Huadian Power Intl Corp-A 0.01%
    • Jaiprakash Power Ventures Lt 0.01%
    • National Gas & Industrializa 0.01%
    • National Industrialization C 0.01%
    • Perusahaan Gas Negara Tbk Pt 0.01% !!
      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
    • Petroreconcavo SA 0.01%
    • Rabigh Refining and Petroche 0.01%
    • Reliance Infrastructure Ltd 0.01% !!
      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
    • Reliance Power Ltd 0.01%
    • Thungela Resources Ltd 0.01%
    • Yinson Holdings Bhd. 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 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

Invests in international shares and is designed to track the return (before tax, fees and other expense) of the FTSE Emerging Markets All Cap China A Inclusion Index.

Value $20.2M NZD
Period of data report 30th June 2024
Members 2,545
Fund started 28th Jan. 2011
Total annual fund fees 0.73%
Total performance based fees 0.0%
Manager's basic fee 0.72%
Other management and administration charges 0.01%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 9 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 7 months)
Previously: Investment Manager - Trust Management (5 years, 4 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% 7.78%
2023 -4.84% -2.44%
2022 3.55% -7.73%
2021 33.87% 32.8%
2020 -6.10% -8.82%
2019 10.35% -2.48%
2018 6.95% 12.34%
2017 10.40% 12.41%
2016 4.51% -2.18%
2015 15.30% 16.26%

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

  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    98.86%
  • NZD Cash Account (ANZ Bank)
    New Zealand Cash and Equivalents AA-
    1.46%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.02%
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% 98.98%
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 30th June 2024.