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:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 2.48%
    • Barrick Gold Corp 1.70%
    • Newcrest Mining Ltd 0.69%
    • Thales SA 1.45%
    • Total SA 3.36%
    • American Electric Power 2.26%
    • Teck Resources Ltd-Cls B 1.97%
    • Occidental Petroleum Corp 1.84% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Compagnie De Saint Gobain 1.43%
    • Rwe AG 0.74%

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. 2023 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

The fund invests in the Antipodes Global Fund - UCITS (Underlying Fund) and cash or cash equivalent securities. The Underlying Fund’s investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed and emerging markets. Derivatives, including equity shorts and currency positions may be used where Antipodes Partners Limited as investment manager sees attractive opportunities and also to offset specific unwanted portfolio risks and provide some protection from unexpectedly large movements in the value of the portfolio.

Value $34.8M NZD
Period of data report 30th Sept. 2023
Fund started 25th July 2018
Total annual fund fees 1.22%
Total performance based fees 0.0%
Manager's basic fee 1.15%
Other management and administration charges 0.07%
Total other charges 0.0
Total other charges currency NZD

Jacob Mitchell

Currently: CIO & Lead Portfolio Manager, Antipodes Partners (8 years, 3 months)
Previously: Deputy Chief Investment Officer, Platinum Asset Management (14 years, 0 months)

Graham Hay

Currently: Portfolio Manager, Antipodes Partners (8 years, 3 months)
Previously: Head of Research, Perennial International Equities (10 years, 0 months)

John Stavliotis

Currently: Co Portfolio Manager, Antipodes Partners (5 years, 9 months)
Previously: Analyst, Morgan Stanley (4 years, 0 months)

James Rodda

Currently: Portfolio Manager, Antipodes Partners (8 years, 3 months)
Previously: Investment Analyst, Platinum Asset Management (3 years, 0 months)

Vihari Ross

Currently: Portfolio Manager, Antipodes Partners (0 years, 6 months)
Previously: Portfolio Manager, Magellan Financial Group (15 years, 6 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.

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
2023 -5.17% 13.61%
2022 3.53% -5.08%
2021 35.55% 22.02%
2020 -7.06% -0.7%

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 30th Sept. 2023.

Top 10 Investments

  • Cash (Underlying Fund)
    United States Cash and Equivalents
    11.91%
  • Merck
    United States International Equities
    3.56%
  • Sanofi
    France International Equities
    3.49%
  • Totalenergies
    France International Equities
    3.36%
  • Baidu
    China International Equities
    2.99%
  • Oracle
    United States International Equities
    2.9%
  • Alibaba
    China International Equities
    2.78%
  • Siemens
    Greece International Equities
    2.57%
  • Meta Platforms
    United States International Equities
    2.48%
  • Tesco
    United Kingdom International Equities
    2.3%
Type Target Actual
Cash and Cash Equivalents 0.0% 12.01%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% -2.31%
International Equities 100.0% 76.59%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% -12.16%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.