Funds
Westpac International Diversified Share 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
- Anglo American PLC C 0.21%
- Atmos Energy Corporation 0.13%
- American Electric Power Company, Inc. 0.12%
- Itochu Corporation 0.12%
- Loews Corporation 0.12%
- Parkland Corporation 0.11%
- Sumitomo Chemical Co., Ltd. 0.11%
- China Longyuan Power Group Corporation Ltd Class H 0.09%
- China Suntien Green Energy Corporation Limited Class H 0.09%
- Lg Corp 0.09%
- National Grid PLC 0.09%
- Sempra Energy 0.09%
- Nippon Yusen Kabushiki Kaisha 0.08%
- Oci Nv 0.07%
- Rwe AG 0.07%
- Southern Company 0.06%
- Constellation Energy Corporation 0.05%
- Iberdrola SA 0.05%
- Aes Corporation 0.04%
- Citic Limited 0.04%
- Consolidated Edison, Inc. 0.04%
- Dte Energy Company 0.04%
- Nextera Energy, Inc. 0.04%
- Public Service Enterprise Group Inc 0.04%
- Canadian Utilities Limited Class A 0.03%
- Lg Corp Pfd Registered Shs Non-Voting 0.03%
- Naturgy Energy Group, S.A. 0.03%
- Vistra Corp. 0.03%
- Cez As 0.02%
- Inner Mongolia Erdos Resources Co., Ltd. Class A 0.02%
- Pt Astra International Tbk 0.02%
- Tc Energy Corporation 0.02%
- Emera Incorporated 0.01%
Weapons
- Wal-Mart De Mexico Sab De Cv 0.27%
- Amphenol Corporation Class A 0.26%
- Chemring Group PLC 0.08%
- Mtu Aero Engines AG 0.07%
- Singapore Technologies Engineering Ltd 0.07%
- Walmart Inc. 0.04%
Tobacco
- Alimentation Couche-Tard Inc. 0.09%
Gambling
- Greek Organisation Of Football Prognostics SA 0.11%
- Las Vegas Sands Corp. 0.10%
- Genting Bhd. 0.04%
- Wynn Macau Ltd. 0.04%
- 888 Holdings PLC 0.03%
Alcohol
- Diageo PLC 0.59%
- Pernod Ricard SA 0.39%
- Heineken Nv 0.30%
- Carlsberg As Class B 0.10%
- Tsingtao Brewery Co., Ltd. Class H 0.09%
- Davide Campari-Milano N.V. 0.06%
- Kweichow Moutai Co., Ltd. Class A 0.05%
- Beijing Enterprises Holdings Limited 0.02%
- Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. Class A 0.02%
Palm Oil
- Energy Absolute Public Co. Ltd. Nvdr 0.03%
- Pt Astra International Tbk 0.02%
GMOs
- Corteva Inc 0.01%
Human Rights & Environmental Violations
- Thermo Fisher Scientific Inc. 0.75%
- Nestle S.A. 0.65%
- Johnson & Johnson 0.53%
- Nutrien Ltd 0.47%
- Bayer AG 0.39%
- Meta Platforms Inc. Class A 0.27%
- Archer-Daniels-Midland Company 0.17%
- Bunge Limited 0.12%
- Freeport-Mcmoran, Inc. 0.12%
- Barrick Gold Corporation 0.09%
- Genting Bhd. 0.04%
- Basf Se 0.03%
- Pt Astra International Tbk 0.02%
- Yunnan Baiyao Group Co. Ltd. Class A 0.02%
- Corteva Inc 0.01%
- Motorola Solutions, Inc. 0.01%
Animal Cruelty
- LVMH Moet Hennessy Louis Vuitton Se 0.49%
- Nutrien Ltd 0.47%
- Colgate-Palmolive Company 0.41%
- Bayer AG 0.39%
- Danone SA 0.39%
- Pepsico, Inc. 0.39%
- Procter & Gamble Company 0.38%
- 3M Company 0.36%
- Compagnie Financiere Richemont SA 0.36%
- Air Liquide SA 0.28%
- L'Oreal S.A. 0.28%
- Essity Ab Class B 0.25%
- International Flavors & Fragrances Inc. 0.24%
- Mosaic Company 0.24%
- Sherwin-Williams Company 0.23%
- PPG Industries, Inc. 0.22%
- Coca-Cola Company 0.20%
- Estee Lauder Companies Inc. Class A 0.18%
- General Mills, Inc. 0.18%
- Unilever PLC 0.18%
- Archer-Daniels-Midland Company 0.17%
- Akzo Nobel N.V. 0.15%
- Kellogg Company 0.15%
- Mondelez International, Inc. Class A 0.14%
- Burberry Group PLC 0.13%
- Dow, Inc. 0.13%
- Ultrapar Participacoes S.A. Sponsored Adr 0.13%
- Prada S.P.A. 0.12%
- Sumitomo Chemical Co., Ltd. 0.11%
- Tate & Lyle PLC 0.10%
- Canon Inc. 0.09%
- Daikin Industries, Ltd. 0.09%
- Kikkoman Corporation 0.09%
- Kraft Heinz Company 0.09%
- Ping An Insurance (Group) Company Of China, Ltd. Class H 0.09%
- Hermes International Sca 0.08%
- Inner Mongolia Yili Industrial Group Co., Ltd. Class A 0.07%
- Symrise AG 0.07%
- Barry Callebaut AG 0.06%
- Henkel AG & Co. Kgaa 0.06%
- T. Hasegawa Co., Ltd. 0.06%
- Tesco PLC 0.06%
- Tyson Foods, Inc. Class A 0.06%
- Lg H&H Co., Ltd. 0.05%
- Reliance Steel & Aluminum Co. 0.04%
- Arkema SA 0.03%
- Basf Se 0.03%
- Campbell Soup Company 0.03%
- Corteva Inc 0.01%
- Ecolab Inc. 0.01%
- Givaudan SA 0.01%
- Kering SA 0.01%
- Koninklijke Ahold Delhaize N.V. 0.01%
This data is compiled by Mindful Money from the fund information and portfolios
that each 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
The International Diversified Share Fund aims to provide capital growth over the long term by investing primarily in a diversified portfolio of listed international equities. The primary areas of investment are North America, United Kingdom, Europe and the Asia-Pacific region (and may include emerging markets).
| Value | $19M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 10th June 2008 |
| Total annual fund fees | 1.43% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.32% |
| Other management and administration charges | 0.11% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Nigel Jackson |
Currently: Chief Executive Officer – BT Funds Management (NZ) Limited (0 years, 5 months) |
|
Philip Houghton-Brown |
Currently: Head of Investment Solutions (2 years, 3 months) |
|
Angelika Sansom |
Currently: Investment Analytics Manager (21 years, 4 months) |
|
Nirav Shah |
Currently: Portfolio Manager - Sector Funds (4 years, 2 months) |
|
Anna Boyle |
Currently: Portfolio Manager - Sector Funds (0 years, 7 months) |
This information has been sourced from the quarterly data that each 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 | 0.00% | |
| Alcohol | 1.65% | |
| Animal Cruelty | 8.86% | |
| Fossil Fuels | 2.25% | |
| Gambling | 0.32% | |
| GMOs | 0.01% | |
| Human Rights & Environmental Violations | 3.73% | |
| Palm Oil | 0.05% | |
| Tobacco | 0.10% | |
| Weapons | 0.80% |
This data is compiled by Mindful Money from the fund information and portfolios
that each 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
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 | 3.19% | -0.27% |
| 2021 | 36.07% | 43.1% |
| 2020 | -7.33% | -8.31% |
| 2019 | 10.16% | 3.2% |
| 2018 | 7.53% | 12.8% |
| 2017 | 9.49% | 12.96% |
| 2016 | 4.71% | -0.63% |
| 2015 | 14.67% | 17.66% |
| 2014 | 10.13% | 13.36% |
| 2013 | 13.93% | 7.27% |
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 31st Dec. 2022.
Top 10 Investments
-
S&P500 E-Mini Future
United States International Equities5.02% -
Apple Inc.
United States International Equities2.5% -
Microsoft Corporation
United States International Equities2.28% -
Alphabet Inc. Class A
United States International Equities1.34% -
Stoxx Euro ESG-X Future
Germany International Equities1.32% -
Mini Msci Emerging Markets Index Future
United States International Equities1.27% -
Taiwan Semiconductor Manufacturing Co., Ltd.
Taiwan, Province of China International Equities1.05% -
Accenture PLC Class A
United States International Equities0.99% -
Visa Inc. Class A
United States International Equities0.81% -
Charles Schwab Corp
United States International Equities0.78%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.08% |
| 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% | 98.92% |
| 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 fund has filed with Disclose register to 31st Dec. 2022.