Funds
Investnow Te Ahumairangi Global Equity Fund
Fund type: Aggressive fund
Past Returns: *-0.26%Annual Fees: 0.64%
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
- Totalenergies Se 0.85%
- Ck Hutchison Holdings Ltd 0.76%
- Endesa SA 0.69%
- Lg Corp 0.58%
- Shell PLC 0.51%
- Exxon Mobil Corporation 0.49%
- Centrica PLC 0.46%
- BHP Group Ltd Npv 0.44%
- Consolidated Edison Inc Com Usd0.10 0.37%
- Southern Co Com USD 0.34%
- Enel Spa 0.33%
- Osaka Gas Co Ltd Jpy 0.27%
- Lyondellbasell Industries 0.25%
- Duke Energy Corp Com USD 0.001 Post Rev Splt 0.24%
- Kansai Electric Power Jpy 0.23%
- Shell PLC Ord Eur0.07 0.18%
- Entergy Corp New 0.16%
- BHP Group Limited Ordinary Fully Paid 0.07%
- Korea Electric Power Corporation 0.05%
- Woodside Energy Gr Ord Npv (Di) 0.02%
Weapons
- Walmart Inc 0.69%
Alcohol
- Heineken Holding Nv 0.37%
- Asahi Group Holdings Ltd 0.30%
Human Rights & Environmental Violations
- Nestle SA 0.98%
- Rio Tinto PLC Ord 10P Gbp 0.67%
- Johnson & Johnson Com US$1 0.66%
- Motorola Solutions Inc 0.66%
- Shell PLC 0.51%
- Activision Blizzard Inc 0.44%
- BHP Group Ltd Npv 0.44%
- Duke Energy Corp Com USD 0.001 Post Rev Splt 0.24%
- Shell PLC Ord Eur0.07 0.18%
- BHP Group Limited Ordinary Fully Paid 0.07%
Animal Cruelty
- Unilever PLC 1.02%
- Nestle SA 0.98%
- Henkel AG & Co Kgaa Non Vtg Pref 0.82%
- Procter & Gamble Company 0.79%
- Koninklijke Ahold Delhaize Nv 0.71%
- Meiji Holdings Co 0.54%
- Shell PLC 0.51%
- Exxon Mobil Corporation 0.49%
- Tosoh Corporation 0.42%
- Colgate Palmolive Usd1 0.31%
- Asahi Group Holdings Ltd 0.30%
- Air Water Inc 0.28%
- Kering 0.26%
- Lyondellbasell Industries 0.25%
- Pepsico Inc Cap US$0.01 2/3 0.21%
- Shell PLC Ord Eur0.07 0.18%
- Tate and Lyle PLC Ord Gbp0.2916666667 0.10%
- Henkel AG & Co Kgaa 0.05%
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
Provides exposure to an actively managed fund that invests in global equities across various listed equity markets.
| Value | $2.9M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 63 |
| Fund started | 18th Nov. 2021 |
| Total annual fund fees | 0.64% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.64% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Mike Heath |
Currently: Investment Committee Member (2 years, 9 months) |
|
Anthony Edmonds |
Currently: Investment Committee Member (2 years, 9 months) |
|
Anthony Sowerby |
Currently: Investment Committee Member (2 years, 9 months) |
|
Jason Choy |
Currently: Investment Committee Member (0 years, 5 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 | 0.68% | |
| Animal Cruelty | 8.20% | |
| Fossil Fuels | 7.30% | |
| Gambling | 0.00% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 4.85% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.69% |
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 |
|---|
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
-
Microsoft Corp
United States International Equities3.18% -
Verizon Communications
United States International Equities2.98% -
Apple
United States International Equities2.21% -
Alphabet (Includes 2 Classes Of Security)
United States International Equities2.06% -
Sumitomo Mitsui Financial Group
Japan International Equities1.61% -
Kddi Corp
Japan International Equities1.44% -
Ww Grainger
United States International Equities1.14% -
Roche Holding
Swaziland International Equities1.14% -
Kb Financial Group Inc
Slovakia International Equities1.14% -
Sanofi
France International Equities1.13%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 2.11% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 98.0% | 97.63% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.26% |
| 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.