Funds

Smart Australian Financials ETF

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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

  • Fossil Fuels

    • Washington H. Soul Pattinson & Co. Ltd. 1.09%

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. 2024 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 Smart Australian Financials ETF is designed to track the return (before tax, fees and other expenses) of the S&P/ASX 200 Financials Ex-A-REIT Index. The Index is comprised of financial sector companies from the S&P/ASX 200 Index, but excludes Australian real estate investments trusts.

Value $33.6M NZD
Period of data report 30th Sept. 2024
Fund started 7th April 2015
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.51%
Other management and administration charges 0.03%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (8 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (1 years, 0 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 10 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.

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
2024 14.61% 27.75%
2023 -4.85% -7.08%
2022 3.53% 13.64%
2021 35.55% 52.61%
2020 -7.06% -25.35%
2019 10.17% -2.12%
2018 7.53% -10.75%
2017 9.49% 21.28%

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. 2024.

Top 10 Investments

  • Commonwealth Bank Of Australia
    Australia Australasian Equities
    28.94%
  • National Australia Bank Ltd
    Australia Australasian Equities
    14.72%
  • Westpac Banking Corp
    Australia Australasian Equities
    14.02%
  • ANZ Group Holdings Ltd
    Australia Australasian Equities
    11.68%
  • Macquarie Group Ltd
    Australia Australasian Equities
    10.53%
  • Qbe Insurance Group Ltd
    Australia Australasian Equities
    3.17%
  • Suncorp Group Ltd
    Australia Australasian Equities
    2.94%
  • Insurance Australia Group Ltd
    Australia Australasian Equities
    2.23%
  • ASX Ltd
    Australia Australasian Equities
    1.58%
  • Medibank Pvt Ltd
    Australia Australasian Equities
    1.28%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.16%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 99.84%
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 30th Sept. 2024.