Investnow Te Ahumairangi Global Equity Fund

Find a Mindful Ethical fund »

Not Mindful

Fund type: Aggressive fund

Past Returns: No three year data yet

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.64%

Annual fees, including management and administration fees, but not membership fee.

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.


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 Testing

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 Fri Sept. 30th 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.

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 Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Microsoft Corporation
    United States International Equities
    3.26%
  • Verizon Communications
    United States International Equities
    2.74%
  • Apple
    United States International Equities
    2.21%
  • Alphabet (Includes 2 Classes Of Security)
    United States International Equities
    2.01%
  • Sumitomo Mitsui Financial Group
    Japan International Equities
    1.69%
  • Kddi Corporation
    Japan International Equities
    1.57%
  • Roche Holding AG (Includes 2 Classes Of Security)
    Swaziland International Equities
    1.34%
  • W.W. Grainger Inc
    United States International Equities
    1.17%
  • Sanofi SA
    France International Equities
    1.1%
  • Check Point Software Technologies
    Israel International Equities
    1.09%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Sept. 30th 2022.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 3.21%
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% 96.98%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% -0.19%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Sept. 30th 2022.

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 Testing:
    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 Fri Sept. 30th 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.

In their own words

"Provides exposure to an actively managed fund that invests in global equities across various listed equity markets."

Value $2.8M NZD
Period of data report Fri Sept. 30th 2022
Members 61
Fund started Thu Nov. 18th 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, 6 months)
Previously: General Manager, InvestNow (4 years, 6 months)

Anthony Edmonds

Currently: Investment Committee Member (2 years, 6 months)
Previously: Managing Director, Implemented Investment Solutions (11 years, 10 months)

Anthony Sowerby

Currently: Investment Committee Member (2 years, 6 months)
Previously: Senior Product Manager, Implemented Investment Solutions (1 years, 0 months)

Jason Choy

Currently: Investment Committee Member (0 years, 2 months)
Previously: Chief Investment and Product Officer, InvestNow (0 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Sept. 30th 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Markets Conduct Act 2013 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.