Smartshares Europe ETF

Find an ethical fund »
Not Mindful
Type: Aggressive fund
Past Returns: 1.30%

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

Annual Fees: 0.55%

Annual fees, including any membership and % management 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

A2A S.P.A. 0.02%
Aker BP Asa 0.02%
Anglo American PLC 0.31%
Arcelormittal SA 0.10%
Basf Se 0.54%
BHP Group PLC 0.43%
Bkw AG 0.02%
Bollore SA 0.04%
BP P.L.C. 0.54%
Centrica PLC 0.03%
Drax Group PLC 0.02%
E.On Se 0.24%
Edp-Energias De Portugal SA 0.15%
Electricite De France SA 0.02%
Electricite De France SA Temp 0.05%
Enagas SA 0.06%
Enel Spa 0.66%
Engie SA. 0.08%
Engie SA. Temp 0.14%
Eni S.P.A. 0.18%
Eqt Ab 0.04%
Equinor Asa 0.13%
Euronav Nv 0.02%
Evraz PLC 0.03%
Fortum Oyj 0.09%
Galp Energia Sgps SA Class B 0.04%
Glencore PLC 0.23%
Iberdrola SA 0.75%
Kghm Polska Miedz S.A. 0.04%
Lundin Energy Ab 0.04%
Metsa Board Oyj Class B 0.02%
Naturgy Energy Group, S.A. 0.06%
Neste Corporation 0.23%
OMV AG 0.04%
Orsted 0.32%
Polski Koncern Naftowy Orlen S.A. 0.03%
Polskie Gornictwo Naftowe I Gazownictwo SA 0.02%
Repsol SA 0.10%
Rio Tinto PLC 0.66%
Royal Dutch Shell PLC Class A 0.55%
Royal Dutch Shell PLC Class B 0.48%
Royal Vopak Nv 0.04%
Rubis Sca 0.03%
Rwe AG 0.25%
Snam S.P.A. 0.11%
Sse PLC 0.18%
Total Se 0.79%
Uniper Se 0.04%
Upm-Kymmene Oyj 0.16%
Verbund AG Class A 0.04%

Weapons

Airbus Se 0.44%
Babcock International Group PLC 0.01%
Bae Systems PLC 0.18%
Chemring Group PLC 0.01%
Dassault Aviation SA 0.02%
Exor N.V. 0.06%
Indra Sistemas, S.A. Class A 0.01%
Kongsberg Gruppen Asa 0.01%
Leonardo Spa 0.02%
Meggitt PLC 0.03%
Qinetiq Group PLC 0.02%
Rheinmetall AG 0.03%
Rolls-Royce Holdings PLC 0.02%
Saab Ab Class B 0.02%
Safran S.A. 0.36%
Serco Group PLC 0.02%
Thales SA 0.07%
Ultra Electronics Holdings PLC 0.02%

Tobacco

British American Tobacco P.L.C. 0.75%
British American Tobacco PLC Sponsored Adr 0.03%
Dino Polska S.A. 0.03%
Dufry AG 0.02%
Imperial Brands PLC 0.16%
Mayr-Melnhof Karton AG 0.02%
Swedish Match Ab 0.12%

Gambling

888 Holdings PLC 0.01%
Betsson Ab Class B 0.01%
Evolution Gaming Group Ab 0.11%
Flutter Entertainment PLC 0.18%
Gamesys Group PLC 0.01%
Gvc Holdings PLC 0.08%
La Francaise Des Jeux SA 0.04%
Netent Ab Class B 0.02%
Playtech PLC 0.01%
Stars Group Inc 0.05%
William Hill PLC 0.04%

Alcohol

Anheuser-Busch Inbev SA/Nv 0.46%
C&C Group PLC 0.01%
Carlsberg A/S Class B 0.13%
Davide Campari-Milano N.V. 0.06%
Diageo PLC 0.80%
Dufry AG 0.02%
Heineken Holding N.V. 0.09%
Heineken Nv 0.23%
J D Wetherspoon PLC 0.01%
LVMH Moet Hennessy Louis Vuitton Se 1.26%
Pernod Ricard SA 0.36%
Ratos Ab Class B 0.01%
Remy Cointreau SA 0.04%
Royal Unibrew A/S 0.05%

Palm Oil

Aak Ab 0.04%
Ackermans & Van Haaren Nv 0.03%

GMOs

Kws Saat Se & Co Kgaa 0.01%
Oci Nv 0.01%

Human Rights & Environmental Violations

BHP Group PLC 0.43%
Glencore PLC 0.23%
Nestle S.A. 3.36%
Rio Tinto PLC 0.66%
Royal Dutch Shell PLC Class A 0.55%
Royal Dutch Shell PLC Class B 0.48%

Animal Testing

Aak Ab 0.040%
Air Liquide SA 0.120%
Air Liquide SA Temp 0.610%
Akzo Nobel N.V. 0.200%
Arkema SA 0.070%
Associated British Foods PLC 0.080%
Basf Se 0.540%
Bayer AG 0.500%
Beiersdorf AG 0.110%
British American Tobacco P.L.C. 0.750%
British American Tobacco PLC Sponsored Adr 0.030%
Burberry Group PLC 0.080%
Chr. Hansen Holding A/S 0.110%
Clariant AG 0.040%
Corbion Nv 0.030%
Covestro AG 0.090%
Croda International PLC 0.100%
Danone SA 0.360%
Ebro Foods SA 0.020%
Ems-Chemie Holding AG 0.070%
Etablissementen Franz Colruyt N.V. 0.030%
Evonik Industries AG 0.050%
Givaudan SA 0.400%
Glaxosmithkline PLC 0.880%
Henkel AG & Co. Kgaa 0.090%
Henkel AG & Co. Kgaa Pref 0.190%
Hermes International Sca 0.310%
Imperial Brands PLC 0.160%
J Sainsbury PLC 0.050%
Jeronimo Martins Sgps SA 0.040%
Johnson Matthey PLC 0.060%
Kerry Group PLC Class A 0.200%
Koninklijke Dsm N.V. 0.300%
L'Oreal SA 0.290%
L'Oreal SA Temp 0.540%
Lanxess AG 0.050%
LVMH Moet Hennessy Louis Vuitton Se 1.260%
Nestle S.A. 3.370%
Novozymes A/S Class B 0.130%
Orkla Asa 0.080%
Puma Se 0.090%
Reckitt Benckiser Group PLC 0.600%
Royal Dutch Shell PLC Class A 0.550%
Royal Dutch Shell PLC Class B 0.480%
Solvay SA 0.060%
Svenska Cellulosa Aktiebolaget Class B 0.090%
Symrise AG 0.170%
Synthomer PLC 0.020%
Tate & Lyle PLC 0.040%
Tesco PLC 0.280%
Umicore 0.080%
Unilever Nv 0.880%
Unilever PLC 0.670%
Victrex PLC 0.020%
Wacker Chemie AG 0.020%
Yara International Asa 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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
2020 -7.57% -6.55%
2019 10.01% 0.13%
2018 7.40% 10.31%
2017 9.64% 5.55%

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 Sept. 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard FTSE Europe ETF
    United States International Equities
    99.91%
  • Westpac NZD Current Account
    New Zealand Cash and Equivalents
    0.37%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.37%
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% 99.63%
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 Sept. 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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:
    3.53%
  • Animal Testing:
    16.65%
  • Fossil Fuels:
    9.27%
  • Gambling:
    0.56%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    5.71%
  • Palm Oil:
    0.07%
  • Tobacco:
    1.17%
  • Weapons:
    1.35%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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 intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"Invests in international shares and is designed to track the return on the FTSE Developed Europe All Cap Index."

Value $150M NZD
Period of data report Wed Sept. 30th 2020
Members 778
Fund started Wed July 29th 2015
Total annual fund fees 0.55%
Total performance based fees 0.0%
Manager's basic fee 0.54%
Administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (4 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (5 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (1 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (2 years, 7 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

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

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.

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.