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

    • Glencore PLC 0.63%
    • Rio Tinto PLC 0.58%
    • Credit Suisse Group AG-Reg 0.03%
    • Indivior PLC 0.02%
    • Shell PLC 1.81% !!
      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
    • Glencore PLC 0.63%
    • Bayer AG-Reg 0.55%
    • Basf Se 0.40%
    • Aak Ab 0.03%
    • LVMH Moet Hennessy Vuitt 2.00%
    • Shell PLC 1.81% !!
      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
    • Unilever PLC 1.18%
    • L'Oreal 1.00%
    • Air Liquide SA 0.78%
    • British American Tobacco Holdings (The Netherlands) Bv 0.70%
    • Hermes International 0.57%
    • Bayer AG-Reg 0.55%
    • Basf Se 0.40%
    • Kering 0.39%
    • Eni Spa 0.28% !!
      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 0.28%
    • Givaudan-Reg 0.23%
    • Rentokil Initial PLC 0.17%
    • Moncler Spa 0.13%
    • Symrise AG 0.13%
    • Akzo Nobel N.V. 0.12%
    • Beiersdorf AG 0.12%
    • Henkel AG & Co Kgaa Vor-Pref 0.12%
    • Burberry Group PLC 0.10%
    • Croda International PLC 0.10%
    • Novozymes A/S-B Shares 0.09%
    • Swatch Group AG/The-Br 0.09%
    • Groupe Bruxelles Lambert Nv 0.08%
    • Chr Hansen Holding A/S 0.07%
    • Covestro AG 0.07%
    • Mowi Asa 0.07%
    • Solvay SA 0.07%
    • Henkel AG & Co Kgaa 0.06%
    • Umicore 0.06%
    • Yara International Asa 0.06%
    • Arkema 0.05%
    • Dcc PLC 0.05%
    • Ems-Chemie Holding AG-Reg 0.05%
    • Evonik Industries AG 0.04%
    • Johnson Matthey PLC 0.04%
    • Clariant AG-Reg 0.03%
    • Lanxess AG 0.03%
    • Corbion Nv 0.02%
    • Swatch Group AG/The-Reg 0.02%
    • Victrex PLC 0.02%
    • Wacker Chemie AG 0.02%
    • Borregaard Asa 0.01%
    • Imerys SA 0.01%
    • Kemira Oyj 0.01%
    • Salvatore Ferragamo Spa 0.01%
    • Societe Bic SA 0.01%
    • Airbus Se 0.66%
    • Safran SA 0.46%
    • Bae Systems PLC 0.33%
    • Rolls-Royce Holdings PLC 0.14%
    • Thales SA 0.13%
    • Mtu Aero Engines AG 0.12%
    • Rheinmetall AG 0.11%
    • Melrose Industries PLC 0.06%
    • Dassault Aviation SA 0.04%
    • Leonardo Spa 0.04%
    • Saab Ab-B 0.04%
    • Kongsberg Gruppen Asa 0.03%
    • Hensoldt AG 0.02%
    • Qinetiq Group PLC 0.02%
    • Serco Group PLC 0.02%
    • Indra Sistemas SA 0.01%
    • Shell PLC 1.81% !!
      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
    • Totalenergies Se 1.23% !!
      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
    • BP PLC 1.00% !!
      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
    • Iberdrola SA 0.65% 1.5°C
      This company is on a 1.5°C pathway
    • Glencore PLC 0.63%
    • Enel Spa 0.45% 1.5°C
      This company is on a 1.5°C pathway
    • National Grid PLC 0.44% !!
      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
    • Eni Spa 0.28% !!
      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
    • E.On Se 0.25%
    • Rwe AG 0.25%
    • Equinor Asa-Spon Adr 0.22% !!
      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
    • Neste Oyj 0.17%
    • Repsol SA 0.16% !!
      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 SA 0.14% !!
      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
    • Orsted A/S 0.14% 1.5°C
      This company is on a 1.5°C pathway
    • Edp-Energias De Portugal SA 0.13% 1.5°C
      This company is on a 1.5°C pathway
    • Arcelormittal 0.11%
    • Snam Spa 0.10% !!
      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 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
    • Centrica PLC 0.07%
    • Intertek Group PLC 0.07%
    • Polski Koncern Naftowy 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
    • Aker BP Asa 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
    • Bollore Se 0.06%
    • Endesa SA 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • OMV AG 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
    • Fortum Oyj 0.05%
    • Galp Energia Sgps 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
    • Weir Group PLC/The 0.05%
    • Enagas SA 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
    • Naturgy Energy Group SA 0.04%
    • A2A Spa 0.02%
    • Energean PLC 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
    • Euronav Nv 0.02%
    • Harbour Energy PLC 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
    • Hera Spa 0.02%
    • Oci Nv 0.02%
    • Rubis 0.02%
    • Vopak 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
    • Aker Asa-A Shares 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
    • D/S Norden 0.01%
    • Erg Spa 0.01%
    • Iren Spa 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 2023 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 expenses) of the FTSE Developed Europe All Cap Index.

Value $5.3M NZD
Period of data report 30th June 2023
Members 590
Fund started 21st Sept. 2015
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.57%
Other management and administration charges 0.02%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

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

Stuart Kenneth Reginald Millar

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

Graham Nicholas Stewart Law

Currently: Director (1 years, 6 months)
Previously: Chief Financial and Corporate Officer - NZX (current position) (5 years, 6 months)

Alister John Williams

Currently: Director (7 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 2023.

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
2023 -4.84% 8.54%
2022 3.55% 1.28%
2021 33.87% 25.64%
2020 -6.10% -6.57%
2019 10.35% 0.01%
2018 6.95% 9.71%
2017 10.40% 5.01%

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 2023.

Top 10 Investments

  • Vanguard FTSE Europe ETF
    United States International Equities
    100.0%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.8%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.0%
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% 100.0%
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 2023.