Research identified investments in companies of concern and positive outcome companies inside this fund
Companies of concern
Low compared to other Managed aggressive funds
1.72% of this fund is invested in 2 companies of concern in these categories
Positive outcome companies
Very high compared to other Managed aggressive funds
31.26% of this fund is invested in 5 positive outcome companies in these categories
Companies of Concern
2 companies within 1 concern
1.72% of this fund is invested in these 2 companies of concern whose activities cause serious harm to people or the planet, as per the criteria in Mindful Money's methodology.
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Fossil Fuels
1.72% of fund
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Worley
0.97% -
Channel Infrastructure
0.75%
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Fund provider response
Worley is a global engineering and professional services firm that delivers consulting, project delivery, and asset services across energy, chemicals, and resources. While Worley continues to provide services to fossil fuel related companies, it has grown it sustainability and transitional related revenue to be ~60% of total revenue. Services in this area include carbon capture and storage, battery materials and renewable energy projects.
Channel has closed its refinery operations. It now owns storage and transportation assets for refined product and the transportation is via pipeline which would be more efficient and less carbon intensive than rail or trucking. Remove this comment for Concentrated Fund as we do not own it there as of March 2026.
About this information
This data is compiled by Mindful Money from the fund information and portfolios that each Managed fund has filed with the Disclose register for 31st March 2026 and Mindful Money analysis of funds within those portfolios.
The categories of concern and positive outcomes are 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.
Lists of companies of concern and positive outcome companies have 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 or bring about more than one positive outcome.
Mindful Money uses the term Mindful Fund 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.