Funds
Fisher Funds Bondplus 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
- Energy Transfer Operatng Sr Unsec 0.37%
- Eqt Ab Snr Unsec 0.13%
- Wintershall Dea Rgss 1.8230% 09-25-31 0.09%
- Williams Cos Inc 3.5000% 11-15-30 0.08%
- Dominion Energy Inc 4.2500% 06-01-28 0.05%
- Williams Cos Inc 4.5500% 06-24-24 0.05%
- Cmlti 2005-11 A2A 1Yrt+240 0.04%
- Enterprise Products 4.4500% 02-15-43 0.03%
- Sempra Energy 3.3000% 04-01-25 0.03%
- Duke Energy Corp 4.5000% 08-15-32 0.02%
- Xcel Energy Inc 3.5000% 12-01-49 0.02%
- Duke Energy Corp 4.3000% 03-15-28 0.01%
- Southern Co 4.4000% 07-01-46 0.01%
- Williams Cos Inc 4.6500% 08-15-32 0.01%
- Williams Cos Inc 5.3000% 08-15-52 0.01%
Weapons
- Spirit Aerosystems Inc Sr Unsec 0.14%
- Walmart Inc 1.8000% 09-22-31 0.02%
Alcohol
- Anheuser-Busch Inbev 4.4390% 10-06-48 0.02%
- Anheuser-Busch Inbev 4.6000% 06-01-60 0.02%
Human Rights & Environmental Violations
- Energy Transfer Operatng Sr Unsec 0.37%
- Credit Suisse AG Unsec Regs 0.36%
- Bayer US Finance Ii Llc Sr Unsec 144A 0.35%
- Credit Suisse Group AG Sr Unsec 144A 0.21%
- Wells Fargo & Company Sofr 0.14%
- Nestle Hldgs Re Rgss 2.5000% 04-04-32 0.06%
- Credit Suisse R Rgss 2.8750% 04-02-32 0.05%
- Duke Energy Corp 4.5000% 08-15-32 0.02%
- Duke Energy Corp 4.3000% 03-15-28 0.01%
Animal Cruelty
- Bayer US Finance Ii Llc Sr Unsec 144A 0.35%
- Campbell Soup Co Sr Unsec Smr 0.10%
- Nestle Hldgs Re Rgss 2.5000% 04-04-32 0.06%
- Pepsico Inc 3.6000% 02-18-28 0.03%
- Kraft Heinz Foods Co 4.3750% 06-01-46 0.01%
- Pepsico Inc 3.9000% 07-18-32 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 fund aims to provide stable returns over the long term by investing in international fixed interest assets
| Value | $110M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 1st Nov. 1990 |
| Total annual fund fees | 1.2% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.07% |
| Other management and administration charges | 0.13% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Ashley Gardyne |
Currently: Chief Investment Officer (0 years, 3 months) |
|
Mark Brighouse |
Currently: Chief Investment Strategist (5 years, 5 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 | 0.04% | |
| Animal Cruelty | 0.56% | |
| Fossil Fuels | 0.95% | |
| Gambling | 0.00% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 1.57% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.16% |
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 | -2.19% | -3.28% |
| 2021 | 1.34% | 2.73% |
| 2020 | 1.00% | 1.78% |
| 2019 | 2.36% | 2.33% |
| 2018 | 1.94% | 1.85% |
| 2017 | 1.52% | 2.07% |
| 2016 | 2.91% | 1.75% |
| 2015 | 5.21% | 9.13% |
| 2014 | 1.36% | 1.11% |
| 2013 | 4.22% | 8.93% |
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
-
Japan Treasury Disc Bill #1120
Japan Int Fixed Interest A14.71% -
Irs USD 2 Fixed 3.7200% 03-20-26
United States Int Fixed Interest AA+3.7% -
Japan Treasury Disc Bill #1116
Japan Int Fixed Interest A13.3% -
Japan Treasury Disc Bill #1122
Japan Int Fixed Interest A11.76% -
US Treasury Bills 0% 02-03-23
United States Int Fixed Interest A1+1.64% -
Japan Treasury Disc Bill #1118
Japan Int Fixed Interest A11.6% -
Japan Treasury Disc Bill #1113
Japan Int Fixed Interest A11.43% -
US Treasury Bond 1.3750% 15-11-2040
United States Int Fixed Interest AA+1.39% -
Japan Treasury Disc Bill #1111
Japan Int Fixed Interest A11.21% -
US Treasury Inflation Protected Bond
United States Int Fixed Interest AA+1.16%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.01% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 100.0% | 98.99% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| 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 fund has filed with Disclose register to 31st Dec. 2022.