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

    • Credit Suisse Group AG 0.80%
    • Credit Suisse New York 0.18%
    • Wells Fargo & Company 0.07%
    • Fairfax Finl Hldgs Ltd 0.07%

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. 2023 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

Invests in international bonds, with the objective of outperforming the Bloomberg Global Aggregate Bond Index by 1% per annum over rolling 3-year periods, hedged to the New Zealand dollar. The investment manager is PIMCO Australia Pty Ltd.

Value $231M NZD
Period of data report 30th Sept. 2023
Fund started 12th Nov. 2015
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.53%
Other management and administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Sachin Gupta

Currently: Portfolio Manager - PIMCO Australia (19 years, 11 months)
Previously: (None years, None months)

Andrew Balls

Currently: Portfolio Manager - PIMCO Australia (16 years, 11 months)
Previously: (None years, None months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.

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
2023 -0.79% -3.54%
2022 -2.46% -3.11%
2021 2.15% 3.99%
2020 1.75% 2.43%
2019 2.76% 3.02%
2018 1.94% 2.73%
2017 1.52% 3.51%

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 30th Sept. 2023.

Top 10 Investments

  • Mortgage Passthrough Tba
    United States Int Fixed Interest AA+
    36.83%
  • Treasury Bill 0.00% 28/12/2023
    United States Int Fixed Interest AAA
    6.45%
  • Japan Treasury Disc Bill 0.00% 23/10/2023
    Japan Int Fixed Interest A+
    6.03%
  • Japan Treasury Disc Bill 0.00% 2/10/2023
    Japan Int Fixed Interest A+
    4.03%
  • Japan Treasury Disc Bill 0.00% 18/12/2023
    Japan Int Fixed Interest A+
    3.5%
  • Fr Sd8329 5.00% 1/06/2053
    United States Int Fixed Interest
    2.75%
  • Japan Treasury Disc Bill 0.00% 30/10/2023
    Japan Int Fixed Interest A+
    2.67%
  • Treasury Bill 0.00% 14/12/2023
    United States Int Fixed Interest AAA
    2.51%
  • Japan Treasury Disc Bill 0.00% 13/11/2023
    Japan Int Fixed Interest A+
    2.33%
  • Treasury Bill 0.00% 19/10/2023
    United States Int Fixed Interest AAA
    2.32%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.0%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 0.0%
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% 100.0%
Commodities 0.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.