Funds

AMP KiwiSaver Australasian Shares Fund

Total Ethical Concerns: 7.41%

The average total concerns of all KiwiSaver aggressive funds is 10.67%.

Companies of Concern

  • Animal Cruelty 0.15%

    • Orica Ltd.
      0.12%
      0.12%
    • Inghams Group Ltd.
      0.02%
      0.02%
    • Nufarm Ltd.
      0.02%
      0.02%
  • Human Rights Violations 0.6%

    • Rio Tinto
      0.60%
      0.60%
  • Social Harm 1.45%

  • Fossil Fuels 5.57%

    • Contact Energy Ltd.
      4.39%
      1.5°C
      This company is on a 1.5°C pathway
      4.39%
    • Rio Tinto
      0.60%
      0.60%
    • Channel Infrastructure
      0.41%
      0.41%
    • Orica Ltd.
      0.12%
      0.12%
    • Monadelphous Group Ltd.
      0.02%
      0.02%
    • Nrw Holdings Ltd.
      0.02%
      0.02%
    • Perenti Ltd.
      0.02%
      0.02%
  • Environmental Harm 0.38%

    • Fonterra
      0.36%
      0.36%
    • Nufarm Ltd.
      0.02%
      0.02%

From the Fund Provider

  • About this fund

    About this Fund

    This is a single sector fund with exposure to equity securities of companies that are listed on the NZ and Australian stock exchange. The fund aims to achieve long term capital growth through exposure to shares of companies listed in New Zealand and Australia.

    Value $8.47M NZD
    Period of data report 31st March 2025
    Members 465
    Fund started 28th July 2016
    Total annual fund fees 0.78%
    Total performance based fees 0.0%
    Manager's basic fee 0.69%
    Other management and administration charges 0.09%
    Total other charges 23.4
    Total other charges currency NZD

    Jeff Ruscoe

    Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
    Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

    Mark Ennis

    Currently: Investment Committee, Member (4 years, 8 months)
    Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

    Justin Boyes*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Retail Customer (2 years, 7 months)

    Aaron Klee*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Investment Management and Services (2 years, 7 months)

    Craig Stobo*

    Currently: Investment Committee, Independent Member (1 years, 5 months)
    Previously: Chairman, Financial Markets Authority (0 years, 10 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.37% 1.46%
    2024 16.75% 5.43%
    2023 -4.84% -3.62%
    2022 3.55% -1.14%
    2021 33.87% 31.19%
    2020 -6.10% -6.63%
    2019 10.35% 12.53%
    2018 6.95% 6.28%

    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 March 2025.

  • Investments

    Top 10 Investments

    • Fisher & Paykel Healthcare Corporation Limited

      New Zealand Australasian Equities

      11.57%
    • Auckland International Airport Limited

      New Zealand Australasian Equities

      8.2%
    • Infratil Limited

      New Zealand Australasian Equities

      5.98%
    • Contact Energy Limited

      New Zealand Australasian Equities

      4.39%
    • Meridian Energy Limited

      New Zealand Australasian Equities

      4.28%
    • The A2 Milk Company Limited

      New Zealand Australasian Equities

      3.72%
    • Ebos Group Limited

      New Zealand Australasian Equities

      3.58%
    • Commonwealth Bank Of Australia

      Australia Australasian Equities

      3.54%
    • Mainfreight Limited

      New Zealand Australasian Equities

      3.26%
    • Mercury NZ Limited

      New Zealand Australasian Equities

      2.31%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.6%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 100.0% 99.38%
    International Equities 0.0% 0.02%
    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 by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 0.15% Animal Cruelty
  • 0.6% Human Rights Violations
  • 1.45% Social Harm
  • 5.57% Fossil Fuels
  • 0.0% Weapons
  • 0.38% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Orica Ltd.
      0.12%
      0.12%
    • Inghams Group Ltd.
      0.02%
      0.02%
    • Nufarm Ltd.
      0.02%
      0.02%
  • Human Rights Violations

    • Rio Tinto
      0.60%
      0.60%
  • Fossil Fuels

    • Contact Energy Ltd.
      4.39%
      1.5°C
      This company is on a 1.5°C pathway
      4.39%
    • Rio Tinto
      0.60%
      0.60%
    • Channel Infrastructure
      0.41%
      0.41%
    • Orica Ltd.
      0.12%
      0.12%
    • Monadelphous Group Ltd.
      0.02%
      0.02%
    • Nrw Holdings Ltd.
      0.02%
      0.02%
    • Perenti Ltd.
      0.02%
      0.02%
  • Environmental Harm

    • Fonterra
      0.36%
      0.36%
    • Nufarm Ltd.
      0.02%
      0.02%

About this Fund

This is a single sector fund with exposure to equity securities of companies that are listed on the NZ and Australian stock exchange. The fund aims to achieve long term capital growth through exposure to shares of companies listed in New Zealand and Australia.

Value $8.47M NZD
Period of data report 31st March 2025
Members 465
Fund started 28th July 2016
Total annual fund fees 0.78%
Total performance based fees 0.0%
Manager's basic fee 0.69%
Other management and administration charges 0.09%
Total other charges 23.4
Total other charges currency NZD

Jeff Ruscoe

Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

Mark Ennis

Currently: Investment Committee, Member (4 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

Justin Boyes*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Retail Customer (2 years, 7 months)

Aaron Klee*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Investment Management and Services (2 years, 7 months)

Craig Stobo*

Currently: Investment Committee, Independent Member (1 years, 5 months)
Previously: Chairman, Financial Markets Authority (0 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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
2025 4.37% 1.46%
2024 16.75% 5.43%
2023 -4.84% -3.62%
2022 3.55% -1.14%
2021 33.87% 31.19%
2020 -6.10% -6.63%
2019 10.35% 12.53%
2018 6.95% 6.28%

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 March 2025.

Top 10 Investments

  • Fisher & Paykel Healthcare Corporation Limited

    New Zealand Australasian Equities

    11.57%
  • Auckland International Airport Limited

    New Zealand Australasian Equities

    8.2%
  • Infratil Limited

    New Zealand Australasian Equities

    5.98%
  • Contact Energy Limited

    New Zealand Australasian Equities

    4.39%
  • Meridian Energy Limited

    New Zealand Australasian Equities

    4.28%
  • The A2 Milk Company Limited

    New Zealand Australasian Equities

    3.72%
  • Ebos Group Limited

    New Zealand Australasian Equities

    3.58%
  • Commonwealth Bank Of Australia

    Australia Australasian Equities

    3.54%
  • Mainfreight Limited

    New Zealand Australasian Equities

    3.26%
  • Mercury NZ Limited

    New Zealand Australasian Equities

    2.31%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.6%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 99.38%
International Equities 0.0% 0.02%
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 by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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 2025 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.