Fisher Funds Global Fund

Find a Mindful Ethical fund »
Not Mindful
Type: Aggressive fund
Past Returns: 13.81%

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

Annual Fees: 1.69%

Annual fees, including management and administration fees, but not membership 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

Coca-Cola Company 0.15%
Enbridge Inc. 0.09%
Kinder Morgan Inc Class P 0.20%
Lyondellbasell Industries Nv 0.10%
Naturgy Energy Group, S.A. 0.09%
Oneok, Inc. 0.09%
Osaka Gas Co., Ltd. 0.08%
Pembina Pipeline Corporation 0.06%
Tc Energy Corporation 0.06%
Valero Energy Corporation 0.12%
Williams Companies, Inc. 0.07%

Weapons

Heico Corporation 0.89%
Hexcel Corporation 1.47%

Tobacco

Seven & I Holdings Co., Ltd. 0.06%

Alcohol

Anheuser-Busch Inbev SA/Nv 0.05%
Asahi Group Holdings,Ltd. 0.06%
Constellation Brands, Inc. Class A 0.06%
Diageo PLC 0.11%

Human Rights & Environmental Violations

Johnson & Johnson 0.46%
Nestle S.A. 0.23%
Rio Tinto PLC 0.24%
Sempra Energy 0.06%

Animal Testing

Asahi Group Holdings,Ltd. 0.060%
Basf Se 0.180%
Coca-Cola Company 0.150%
Danone SA 0.070%
Dupont De Nemours, Inc. 0.050%
Eastman Chemical Company 0.090%
Fujifilm Holdings Corp 0.080%
General Mills, Inc. 0.100%
Glaxosmithkline PLC 0.150%
Hp Inc. 0.090%
International Flavors & Fragrances Inc. 0.070%
Johnson & Johnson 0.460%
Kao Corp. 0.040%
Kellogg Company 0.070%
Kimberly-Clark Corporation 0.110%
Lyondellbasell Industries Nv 0.100%
Mondelez International, Inc. Class A 0.100%
Mosaic Company 0.040%
Nestle S.A. 0.230%
PPG Industries, Inc. 0.100%
Procter & Gamble Company 0.340%
Reckitt Benckiser Group PLC 0.130%
Seven & I Holdings Co., Ltd. 0.060%
Sherwin-Williams Company 0.130%
Shin-Etsu Chemical Co Ltd 0.140%
Solvay SA 0.070%
Sumitomo Chemical Co., Ltd. 0.050%
Tokai Carbon Co., Ltd. 0.040%
Unilever PLC 0.180%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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.

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.

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
2021 36.18% 39.28%
2020 -7.01% -2.88%
2019 9.82% 5.04%
2018 7.69% 7.79%
2017 9.49% 12.42%
2016 4.71% -4.59%
2015 14.67% 12.73%
2014 10.13% 12.5%
2013 13.93% 12.58%
2012 -2.50% -5.51%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Facebook Inc. Class A
    United States International Equities
    5.64%
  • ANZ 10 A/C - Current Accounts
    New Zealand Cash and Equivalents
    4.98%
  • Alphabet Inc. Class A
    United States International Equities
    4.52%
  • Signature Bank
    United States International Equities
    3.28%
  • Alibaba Group Holding Ltd. Sponsored Adr
    United States International Equities
    3.02%
  • Dollar General Corporation
    United States International Equities
    2.42%
  • Mastercard Incorporated Class A
    United States International Equities
    2.4%
  • Gartner Inc.
    United States International Equities
    2.37%
  • Dollar Tree Inc.
    United States International Equities
    2.28%
  • Paypal Holdings Inc
    United States International Equities
    2.28%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 6.73%
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% 93.27%
Listed Properties 0.0% 0.0%
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 Wed March 31st 2021.

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).

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:
    0.28%
  • Animal Testing:
    3.48%
  • Fossil Fuels:
    1.11%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.99%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.06%
  • Weapons:
    2.36%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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.

In their own words

"The fund focuses on growth of your investment over the long term by investing in international shares"

Value $140M NZD
Period of data report Wed March 31st 2021
Fund started Fri Nov. 29th 1985
Total annual fund fees 1.69%
Total performance based fees 0.0%
Manager's basic fee 1.54%
Other management and administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Frank Jasper

Currently: Chief Investment Officer (3 years, 8 months)
Previously: Director Fisher Funds Management Limited (12 years, 4 months)

Mark Brighouse

Currently: Chief Investment Strategist (3 years, 8 months)
Previously: Chief Investment Officer Fisher Funds Management Limited (5 years, 9 months)

Ashley Gardyne

Currently: Senior Portfolio Manager International Equities (4 years, 11 months)
Previously: Senior Investment Analyst International Equities Fisher Funds Management Limited (2 years, 11 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

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.