AMP Capital Ethical Leaders Balanced Fund

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Mindful Fund
Type: Balanced fund
Past Returns: 1.97%

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

Annual Fees: 1.3%

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

BHP Group Ltd 0.43%
Total Sa 0.30%
Royal Dutch Shell Plc 0.09%
Bp Plc 0.09%
Lukoil Pjsc 0.08%
Woodside Petroleum Ltd 0.08%
Santos Ltd 0.04%
Anglo American Platinum Ltd 0.03%
Tatneft Pjsc 0.02%
Aker Bp Asa 0.01%
Santos Finance Ltd - 14/09/2027 0.01%
Bp Capital Markets Plc - 03/07/2026 0.01%
Apt Pipelines Ltd - 22/03/2030 0.01%
Apa Group 0.01%
Diamondback Energy Inc - 01/12/2026 0.01%
Bp Capital Markets America Inc - 04/05/2026 0.01%
BHP 0.19%

Weapons

Booz Allen Hamilton Holding Co 0.19%

GMOs

Novartis Ag 0.34%
Dupont De Nemours Inc 0.12%
Nutrien Ltd 0.06%
Bayer Ag 0.06%

Human Rights & Environmental Violations

BHP Group Ltd 0.43%
Nestle Sa 0.42%
Johnson & Johnson 0.34%
Rio Tinto Ltd 0.33%
Royal Dutch Shell Plc 0.09%
Nutrien Ltd 0.06%
Petroleo Brasileiro Sa 0.01%
Sempra Energy - 01/02/2023 0.01%
BHP 0.19%
Rio Tinto 0.09%

Animal Testing

Nestle Sa 0.420%
Procter & Gamble Co/The 0.380%
Pepsico Inc 0.360%
Johnson & Johnson 0.340%
Coca-Cola Co/The 0.240%
Ecolab Inc 0.240%
Unilever Nv 0.200%
Tesco Plc 0.140%
Kimberly-Clark Corp 0.120%
Royal Dutch Shell Plc 0.090%
Bayer Ag 0.060%
Ppg Industries Inc 0.050%
Clorox Co/The 0.050%
Associated British Foods Plc 0.020%
Coca-Cola Femsa Sab De Cv - 22/01/2030 0.010%
Bayer US Finance Ii Llc - 15/12/2028 0.010%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 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.

A summary of this fund and its details.

Number FND101
Name AMP Capital Ethical Leaders Balanced Fund
Risk profile Balanced fund
Description The fund aims to provide Real Returns of around 5% per annum over the medium to long term. To do this it uses diversification across asset types with a mix of income assets (eg bonds) and growth assets (eg shares). 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.
Value $60M NZD
Members Not provided
Market index description weighted average return of the market indices used to measure performance of the underlying funds/assets
Period of data report Tue June 30th 2020
Fund started Tue Aug. 11th 2009
Three-year average return 1.97%
Market index past year return 2.39%
Past year return net of charges and tax -0.3%
Past year return net of charges gross of tax 0.2%
Market index return since fund started 8.27%
Return since fund started net 5.65%
Total annual fund fees 1.3%
Total performance based fees 0.0%
Manager's basic fee 1.1%
Administration charges 0.2%
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)

  • 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)

  • 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)

  • 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.

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 -2.86% -5.31%
2019 4.44% 5.68%
2018 4.90% 5.53%
2017 5.60% 5.66%
2016 3.06% -0.12%
2015 8.56% 10.96%
2014 6.13% 8.18%
2013 8.77% 11.34%
2012 0.50% 1.05%
2011 6.26% 5.0%

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:

  • Ausbil Esg Focus Fund
    Australia Australasian Equities
    3.04%
  • A2 Milk Co Ltd
    New Zealand Australasian Equities
    1.27%
  • Fisher & Paykel Healthcare Corp
    New Zealand Australasian Equities
    1.27%
  • Colonial First State Wholesale Em Fund
    Australia International Equities
    0.99%
  • New Zealand Government Bond Maturing 20 Apr 29
    New Zealand NZ Fixed Interest AA+
    0.95%
  • Microsoft Corp
    United States International Equities
    0.94%
  • Call Account (Rabobank Advance Account NZD)
    New Zealand Cash and Equivalents A
    0.93%
  • New Zealand Government Bond Maturing 15 Apr 27
    New Zealand NZ Fixed Interest AA+
    0.89%
  • New Zealand Government Bond Maturing 15 Apr 37
    New Zealand NZ Fixed Interest AA+
    0.81%
  • Apple Inc
    United States International Equities
    0.74%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 12.18%
New Zealand Fixed Interest 12.5% 12.89%
International Fixed Interest 12.5% 11.67%
Australasian Equities 20.0% 17.54%
International Equities 35.0% 35.34%
Listed Properties 10.0% 10.38%
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 30 June 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:
    2.74%
  • Fossil Fuels:
    1.53%
  • Gambling:
    0.00%
  • GMOs:
    0.58%
  • Human Rights & Environmental Violations:
    1.99%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.19%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 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 5% per annum over the medium to long term. To do this it uses diversification across asset types with a mix of income assets (eg bonds) and growth assets (eg shares). 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."

Download the fund's disclosure statement and portfolio holdings.

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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.