Funds
AMP International Shares Fund
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
- Enel Spa 0.31%
- Algonquin Power and Utilities Corp 0.10%
- Northland Power Inc 0.09%
- Anglo American PLC 0.03%
Weapons
- Walmart Inc 0.14%
Gambling
- Vici Properties Inc 0.01%
Alcohol
- Diageo PLC 1.28%
- Molson Coors Beverage Co 0.12%
- Budweiser Brewing Company Apac Ltd 0.06%
- Anheuser Busch Inbev SA Nv 0.03%
- Pernod-Ricard SA 0.03%
- Brown Forman Corp 0.02%
- Heineken Nv 0.02%
GMOs
- Corteva Inc 0.18%
Human Rights & Environmental Violations
- Nutrien Ltd Com Npv 0.63%
- Johnson & Johnson Com US$1 0.29%
- Motorola Solutions Inc 0.22%
- Nestle SA 0.21%
- Uber Technologies Inc 0.21%
- Corteva Inc 0.18%
- Thermo Fisher Scientific Inc 0.14%
- Caterpillar Inc 0.06%
- Activision Blizzard Inc 0.04%
- Rio Tinto PLC Ord 10P Gbp 0.04%
- Bayer AG 0.03%
Animal Cruelty
- Pepsico Inc 1.87%
- Nutrien Ltd Com Npv 0.63%
- General Mills Inc 0.62%
- Colgate Palmolive Usd1 0.53%
- Kimberly Clark Corp Com Usd1.25 0.51%
- Keurig Dr Pepper Inc 0.38%
- 3M Co 0.36%
- PPG Industries Inc 0.35%
- Koninklijke Dsm Nv 0.28%
- Kellogg Company 0.24%
- Mosaic Co Com 0.23%
- Nestle SA 0.21%
- Kering 0.20%
- Kerry Group PLC-A 0.20%
- Corteva Inc 0.18%
- L'Oreal 0.17%
- Ajinomoto Co Inc Jpy 0.15%
- Akzo Nobel Nv Eur0.50 0.14%
- Daikin Industries 0.13%
- Hormel Foods Corporation 0.13%
- Clorox Co Del 0.12%
- Molson Coors Beverage Co 0.12%
- Burberry Group PLC 0.11%
- Dow Inc 0.11%
- George Weston Ltd 0.11%
- LVMH Moet Hennessy Vuitton Se 0.11%
- Campbell Soup Co USD 0.08%
- Orkla Asa 0.08%
- Unilever PLC 0.08%
- Mowi Asa 0.07%
- Danone 0.06%
- Mondelez International Inc 0.05%
- Air Liquide 0.04%
- Estee Lauder Companies 0.04%
- Bayer AG 0.03%
- Hermes International 0.03%
- Sherwin Williams Com Usd1 0.03%
- Albermarle Corp 0.02%
- Canon Inc 0.02%
- Dupont De Nemours Inc 0.02%
- Koninklijke Ahold Delhaize Nv 0.02%
- Kraft Heinz Co Com Usd0.01 0.02%
- Church & Dwight Co 0.01%
- Fuji Film Holdings Corp 0.01%
- Kao Corporation Jpy50 0.01%
- Tyson Foods Inc Class A 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 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
This is a single sector fund with exposure to a diversified international equities portfolio. The fund aims to achieve long term capital growth through exposure to equities of companies listed on stock exchanges around the world.
| Value | $7.6M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 549 |
| 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 |
Key Personnel
|
Jeffery Darren Ruscoe |
Currently: Investment Committee
Member (3 years, 9 months) |
|
Mark David Ennis |
Currently: Investment Committee
Member (2 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 | 0.01% | |
| Alcohol | 1.59% | |
| Animal Cruelty | 9.09% | |
| Fossil Fuels | 0.54% | |
| Gambling | 0.06% | |
| GMOs | 0.18% | |
| Human Rights & Environmental Violations | 2.06% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.14% |
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 |
|---|---|---|
| 2022 | 3.94% | 6.11% |
| 2021 | 36.11% | 35.5% |
| 2020 | -6.34% | -6.62% |
| 2019 | 9.78% | 4.86% |
| 2018 | 6.95% | 8.64% |
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 Equities4.26% -
Apple Inc
United States International Equities3.88% -
Pepsico Inc
United States International Equities1.66% -
Amazon.Com Inc
United States International Equities1.43% -
Automatic Data Processing
United States International Equities1.24% -
Diageo PLC
United Kingdom International Equities1.18% -
Texas Instruments
United States International Equities1.09% -
Danaher Corporation
United States International Equities0.99% -
Merck & Co Inc
United States International Equities0.97% -
Sony Corp Y50
Japan International Equities0.92%
| 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.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.