Funds

Fisher Funds BondPlus Fund

Total Ethical Concerns: 3.18%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Animal Cruelty 0.07%

    • Tyson Foods Inc
      0.07%
      0.07%
  • Human Rights Violations 1.25%

    • UBS
      0.56%
      0.56%
    • Wells Fargo
      0.33%
      0.33%
    • 0.20%
    • 0.10%
    • General Motors
      0.05%
      0.05%
  • Social Harm 0.17%

  • Fossil Fuels 1.89%

    • Oneok, Inc.
      0.58%
      0.58%
    • Targa Resources Corp.
      0.33%
      0.33%
    • 0.20%
    • E.On Se
      0.15%
      0.15%
    • Cassa Depositi E Prestiti Spa
      0.14%
      0.14%
    • Enel
      0.12%
      1.5°C
      This company is on a 1.5°C pathway
      0.12%
    • Nisource, Inc.
      0.09%
      0.09%
    • Fairfax Financial Holdings Ltd.
      0.07%
      0.07%
    • Pacificorp.
      0.07%
      0.07%
    • Sempra Energy
      0.06%
      !!
      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
      0.06%
    • Consolidated Edison, Inc.
      0.05%
      0.05%
    • Duke Energy Corp
      0.03%
      0.03%
  • Environmental Harm 0.03%

    • Duke Energy Corp
      0.03%
      0.03%

From the Fund Provider

  • About this fund

    About this Fund

    The fund aims to provide stable returns over the long term by investing in international fixed interest assets

    Value $102M NZD
    Period of data report 31st March 2025
    Fund started 1st Nov. 1990
    Total annual fund fees 1.24%
    Total performance based fees 0.0%
    Manager's basic fee 1.07%
    Other management and administration charges 0.17%
    Total other charges 0.0
    Total other charges currency NZD

    Ashley Gardyne

    Currently: Chief Investment Officer (3 years, 9 months)
    Previously: Senior Portfolio Manager, International Equities, Fisher Funds Management Limited (5 years, 5 months)

    Mark Brighouse

    Currently: Chief Investment Strategist (7 years, 8 months)
    Previously: Chief Investment Officer, Fisher Funds Management Limited (5 years, 9 months)

    Sachin Gupta

    Currently: Lead portfolio manager, Pacific Investment Management Company LLC (9 years, 10 months)
    Previously: (None years, None months)

    Ed Meyi

    Currently: Lead Fixed Income Portfolio manager, Wellington International Management Company Pte Ltd (3 years, 5 months)
    Previously: Fixed Income Portfolio manager, Wellington International Management Company Pte Ltd (13 years, 9 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 3.87% 2.34%
    2024 3.43% 2.48%
    2023 -0.79% -4.5%
    2022 -2.46% -3.28%
    2021 2.15% 2.73%
    2020 1.75% 1.78%
    2019 2.76% 2.33%
    2018 1.94% 1.85%
    2017 1.52% 2.07%
    2016 2.91% 1.75%

    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 March 2025.

  • Investments

    Top 10 Investments

    • Fnma Pass Thru 30Yr #Sd8454

      United States Int Fixed Interest AAA

      7.12%
    • ANZ 10 A/C - Current Accounts

      New Zealand Cash and Equivalents AA-

      2.86%
    • France Govt Bond

      France Int Fixed Interest AA

      1.33%
    • Japanese Govt Bond (10Y) #375

      Japan Int Fixed Interest A

      1.16%
    • US Treasury Nb 4.1250% 02-28-27

      United States Int Fixed Interest AAA

      1.1%
    • Gnma Ii Multpl Sgl 30Yr #Ma9961M

      United States Int Fixed Interest AAA

      1.01%
    • Irs Sek 5 Fixed 2.4400% 03-19-30

      Sweden Int Fixed Interest

      0.97%
    • Irs EUR Float 0.0000% 03-19-30

      Belgium Int Fixed Interest

      0.95%
    • Spanish Govt Bond (Bonos Y Oblig)

      Spain Int Fixed Interest A

      0.85%
    • Japan 30Yr (Jx) 2.3000% 03-20-40

      Japan Int Fixed Interest A+

      0.8%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.97%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 100.0% 99.03%
    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 by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2025 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.

Issues of Concern

  • 0.07% Animal Cruelty
  • 1.25% Human Rights Violations
  • 0.17% Social Harm
  • 1.89% Fossil Fuels
  • 0.0% Weapons
  • 0.03% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Tyson Foods Inc
      0.07%
      0.07%
  • Human Rights Violations

    • UBS
      0.56%
      0.56%
    • Wells Fargo
      0.33%
      0.33%
    • 0.20%
    • 0.10%
    • General Motors
      0.05%
      0.05%
  • Fossil Fuels

    • Oneok, Inc.
      0.58%
      0.58%
    • Targa Resources Corp.
      0.33%
      0.33%
    • 0.20%
    • E.On Se
      0.15%
      0.15%
    • Cassa Depositi E Prestiti Spa
      0.14%
      0.14%
    • Enel
      0.12%
      1.5°C
      This company is on a 1.5°C pathway
      0.12%
    • Nisource, Inc.
      0.09%
      0.09%
    • Fairfax Financial Holdings Ltd.
      0.07%
      0.07%
    • Pacificorp.
      0.07%
      0.07%
    • Sempra Energy
      0.06%
      !!
      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
      0.06%
    • Consolidated Edison, Inc.
      0.05%
      0.05%
    • Duke Energy Corp
      0.03%
      0.03%
  • Environmental Harm

    • Duke Energy Corp
      0.03%
      0.03%

About this Fund

The fund aims to provide stable returns over the long term by investing in international fixed interest assets

Value $102M NZD
Period of data report 31st March 2025
Fund started 1st Nov. 1990
Total annual fund fees 1.24%
Total performance based fees 0.0%
Manager's basic fee 1.07%
Other management and administration charges 0.17%
Total other charges 0.0
Total other charges currency NZD

Ashley Gardyne

Currently: Chief Investment Officer (3 years, 9 months)
Previously: Senior Portfolio Manager, International Equities, Fisher Funds Management Limited (5 years, 5 months)

Mark Brighouse

Currently: Chief Investment Strategist (7 years, 8 months)
Previously: Chief Investment Officer, Fisher Funds Management Limited (5 years, 9 months)

Sachin Gupta

Currently: Lead portfolio manager, Pacific Investment Management Company LLC (9 years, 10 months)
Previously: (None years, None months)

Ed Meyi

Currently: Lead Fixed Income Portfolio manager, Wellington International Management Company Pte Ltd (3 years, 5 months)
Previously: Fixed Income Portfolio manager, Wellington International Management Company Pte Ltd (13 years, 9 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 3.87% 2.34%
2024 3.43% 2.48%
2023 -0.79% -4.5%
2022 -2.46% -3.28%
2021 2.15% 2.73%
2020 1.75% 1.78%
2019 2.76% 2.33%
2018 1.94% 1.85%
2017 1.52% 2.07%
2016 2.91% 1.75%

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 March 2025.

Top 10 Investments

  • Fnma Pass Thru 30Yr #Sd8454

    United States Int Fixed Interest AAA

    7.12%
  • ANZ 10 A/C - Current Accounts

    New Zealand Cash and Equivalents AA-

    2.86%
  • France Govt Bond

    France Int Fixed Interest AA

    1.33%
  • Japanese Govt Bond (10Y) #375

    Japan Int Fixed Interest A

    1.16%
  • US Treasury Nb 4.1250% 02-28-27

    United States Int Fixed Interest AAA

    1.1%
  • Gnma Ii Multpl Sgl 30Yr #Ma9961M

    United States Int Fixed Interest AAA

    1.01%
  • Irs Sek 5 Fixed 2.4400% 03-19-30

    Sweden Int Fixed Interest

    0.97%
  • Irs EUR Float 0.0000% 03-19-30

    Belgium Int Fixed Interest

    0.95%
  • Spanish Govt Bond (Bonos Y Oblig)

    Spain Int Fixed Interest A

    0.85%
  • Japan 30Yr (Jx) 2.3000% 03-20-40

    Japan Int Fixed Interest A+

    0.8%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.97%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 99.03%
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 by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.