Smartshares Global Bond ETF

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.

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.

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:

• United States Treasury 03/12/20 0.00% Gb
  United States Int Fixed Interest
  3.74%
• Qnb Finance Ltd 12/02/22 Frn
  Cayman Islands Int Fixed Interest
  1.84%
• USD BNP Paribas A/C
  United States Cash and Equivalents
  1.68%
• China Development Bank 10/04/27 4.04% Gb
  China Int Fixed Interest
  1.65%
• Spain Government 31/10/30 1.25% Gb
  Spain Int Fixed Interest A
  1.5%
• Japan Government 20/09/35 1.20% Gb
  Japan Int Fixed Interest A+
  1.49%
• China Development Bank 24/08/27 4.24% Gb
  China Int Fixed Interest
  1.18%
• United States Treasury 15/01/28 0.5% Ilb
  United States Int Fixed Interest
  1.12%
• United States Treasury 30/04/25 2.875% Gb
  United States Int Fixed Interest
  1.08%
• Japan Government 20/12/48 0.70% Gb
  Japan Int Fixed Interest A+
  0.93%

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.

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:
  0.07%
• Animal Testing:
  1.09%
• Fossil Fuels:
  1.91%
• Gambling:
  0.36%
• GMOs:
  0.00%
• Human Rights & Environmental Violations:
  0.00%
• Palm Oil:
  0.00%
• Tobacco:
  0.00%
• Weapons:
  0.00%

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 bonds with the objective of outperforming the Bloomberg Barclays 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."

Key Personnel

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.

• Portfolio holdings v