AMP Capital Ethical Leaders Conservative Fund

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Mindful Fund
Type: Conservative fund
Past Returns: 1.80%

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

Annual Fees: 1.25%

Annual fees, including any membership and % management 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

Aker BP Asa - 15/01/2030 0.02%
Apt Pipelines Ltd - 22/03/2030 0.03%
BHP 0.04%
BHP Group Ltd 0.10%
BP Capital Markets America Inc - 04/05/2026 0.02%
BP Capital Markets PLC - 03/07/2026 0.03%
BP Capital Markets PLC - 16/02/2027 0.01%
BP PLC 0.03%
Cimarex Energy Co - 15/03/2029 0.01%
Cimarex Energy Co - 15/05/2027 0.01%
Concho Resources Inc - 15/08/2048 0.02%
Diamondback Energy Inc - 01/12/2026 0.02%
Lukoil PJSC 0.03%
Royal Dutch Shell PLC 0.03%
Santos Finance Ltd - 14/09/2027 0.03%
Santos Ltd 0.01%
Shell International Finance Bv - 07/11/2049 0.01%
Total SA 0.10%
Woodside Petroleum Ltd 0.02%

Weapons

Booz Allen Hamilton Holding Co 0.06%

GMOs

Bayer AG 0.02%
Dupont De Nemours Inc 0.04%
Dupont De Nemours Inc - 15/11/2048 0.01%
Novartis AG 0.11%
Nutrien Ltd 0.02%
Vilmorin & Cie SA - 26/05/2021 0.01%

Human Rights & Environmental Violations

BHP 0.05%
BHP Group Ltd 0.10%
Johnson & Johnson 0.11%
Nestle SA 0.14%
Nutrien Ltd 0.02%
Rio Tinto Ltd 0.08%
Riotinto 0.02%
Royal Dutch Shell PLC 0.03%
Sempra Energy - 01/02/2023 0.02%
Shell International Finance Bv - 07/11/2049 0.01%

Animal Testing

Bayer AG 0.020%
Bayer US Finance Ii Llc - 15/12/2028 0.020%
Clorox Co/The 0.010%
Coca-Cola Co/The 0.080%
Coca-Cola Femsa Sab De Cv - 22/01/2030 0.030%
Ecolab Inc 0.080%
Johnson & Johnson 0.110%
Kimberly-Clark Corp 0.040%
Nestle SA 0.140%
Pepsico Inc 0.120%
PPG Industries Inc 0.020%
Procter & Gamble Co/The 0.120%
Royal Dutch Shell PLC 0.030%
Shell International Finance Bv - 07/11/2049 0.010%
Tesco PLC 0.050%
Unilever Nv 0.070%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020 -0.18% -1.08%
2019 4.54% 3.78%
2018 3.22% 2.7%
2017 3.53% 2.44%
2016 2.92% 1.9%
2015 8.63% 6.49%
2014 5.69% 2.46%
2013 8.30% 6.04%
2012 2.27% 2.87%
2011 4.69% 4.13%

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 fund has filed with Disclose register to Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Call Account (Rabobank Advance Account NZD)
    New Zealand Cash and Equivalents A
    2.12%
  • New Zealand Government Bond Maturing 20 Apr 29
    New Zealand NZ Fixed Interest AA+
    1.86%
  • New Zealand Government Bond Maturing 15 Apr 27
    New Zealand NZ Fixed Interest AA+
    1.73%
  • New Zealand Government Bond Maturing 15 Apr 37
    New Zealand NZ Fixed Interest AA+
    1.58%
  • New Zealand Government Bond Maturing 14 Apr 33
    New Zealand NZ Fixed Interest AA+
    1.3%
  • ANZ Bank New Zealand Ltd Bond Maturing 21 Aug 20
    New Zealand NZ Fixed Interest A
    1.27%
  • ANZ Bank New Zealand Ltd Bond Maturing 21 Jul 20
    New Zealand NZ Fixed Interest A
    1.27%
  • New Zealand Government Bond Maturing 15 May 31
    New Zealand NZ Fixed Interest AA+
    1.09%
  • Westpac New Zealand Ltd Note Maturing 25 Sep 20
    New Zealand NZ Fixed Interest A
    1.07%
  • New Zealand Government Bond Maturing 15 May 24
    New Zealand NZ Fixed Interest AA+
    1.07%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 25.0% 27.08%
New Zealand Fixed Interest 25.0% 25.11%
International Fixed Interest 25.0% 24.13%
Australasian Equities 5.0% 2.85%
International Equities 13.0% 13.19%
Listed Properties 7.0% 7.64%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.94%
  • Fossil Fuels:
    0.64%
  • Gambling:
    0.00%
  • GMOs:
    0.21%
  • Human Rights & Environmental Violations:
    0.58%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.06%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"The fund aims to provide Real Returns of around 4% per annum over the medium to long term. To do this it uses diversification across asset types with a distinct bias to income assets (eg bonds). The fund is managed to specific ‘responsible investment’ criteria which prohibits investments in certain companies or activities and encourages investment in companies with strong environmental social and governance characteristics. This fund is governed by an ethical charter and has been certified by the Responsible Investment Association of Australasia (RIAA).The performance objective is to outperform over the medium term the weighted average return of the market indices used to measure performance of the underlying funds/assets in which the fund invests. AMP Capital is one of New Zealand’s largest investment managers. Our experience and leadership across global asset classes not only provides insights into ever-changing markets, but also means we are at the forefront of developing contemporary investment solutions for New Zealand clients."

Value $6.7M NZD
Period of data report Tue June 30th 2020
Members Not provided
Fund started Tue June 6th 1995
Total annual fund fees 1.25%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Administration charges 0.25%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Bevan Graham

Currently: NZ Managing Director and Chief Economist AMP Capital Investors (New Zealand) Limited (1 years, 6 months)
Previously: NZ Chief Economist AMP Capital Investors (New Zealand) Limited (7 years, 3 months)

Rebekah Swan

Currently: ESG Investment Specialist NZ and Head of Product AMP Capital Investors (New Zealand) Limited (1 years, 3 months)
Previously: Head of Distribution AMP Capital Investors (New Zealand) Limited (3 years, 6 months)

Daniel Mead

Currently: Investment Research Manager AMP Capital Investors (New Zealand) Limited (8 years, 8 months)
Previously: Investment Manager AXA Global Investors (1 years, 1 months)

Greg Fleming

Currently: Head of Investment Strategy AMP Capital Investors (New Zealand) Limited (3 years, 10 months)
Previously: Research Strategist Wealth Management First New Zealand Capital Securities Limited (1 years, 3 months)

Warren Potter

Currently: Senior Portfolio Manager AMP Capital Investors (New Zealand) Limited (6 years, 2 months)
Previously: Fixed Income Portfolio Manager AMP Capital Investors (New Zealand) Limited (8 years, 5 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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 Advisers Act 2008 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.