Smartshares Global Bond ETF

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Not Mindful
Type: Defensive fund
Past Returns: 2.73%

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

Annual Fees: 0.54%

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

Diamondback Energy Inc 011224 2.875 Cb 0.18%
Dominion Energy Gas Holdings Llc 150621 Frn 0.16%
Enbridge Inc 180222 Frn 0.32%
Energy Transfer Partner Lp 150424 4.50 Cb 0.08%
Eqt Corp 011022 3.00 Cb 0.07%
Nextera Energy Capital Holdings Inc 250222 2.399250 Cb 0.25%
Petrobras Global Finance 170122 6.125 Cb 0.03%
Petrobras Global Finance Bv 150130 5.093 Cb 0.34%
Petrobras Global Finance Bv 170344 7.25 Cb 0.09%

Gambling

Las Vegas Sands Corp 250625 2.90 Cb 0.24%
Sands China Ltd 080828 5.4 Cb 0.16%

Alcohol

Bacardi Ltd 150121 4.5 Cb 0.09%

GMOs

Syngenta Finance AG 240420 3.698 Cb 0.26%

Animal Testing

Bayer US Finance Ii Llc 151228 4.375 Cb 0.190%
Danone SA 021121 2.077 Cb 0.170%
General Mills Inc 160421 Frn 0.080%
International Flavors and Fragrances Inc 250920 3.40 Cb 0.260%
Reckitt Benckiser Treasury Services PLC 240622 2.375 Cb 0.510%
Syngenta Finance AG 240420 3.698 Cb 0.260%

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

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 1.67% 2.43%
2019 2.69% 3.02%
2018 2.37% 2.73%
2017 1.63% 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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • United States Treasury 24/09/20 0.00% Gb
    United States Int Fixed Interest AA+
    4.36%
  • USD BNP Paribas A/C
    United States Cash and Equivalents
    3.49%
  • Qnb Finance Ltd 12/02/22 Frn
    Cayman Islands Int Fixed Interest
    2.32%
  • United States Treasury 26/05/20 0.00% Gb
    United States Int Fixed Interest AA+
    2.22%
  • United States Treasury 15/01/25 0.25% Ilb
    United States Int Fixed Interest AA+
    2.07%
  • Japan Government 20/09/35 1.20% Gb
    Japan Int Fixed Interest A+
    1.83%
  • BNP Paribas Nominees
    Australia Cash and Equivalents
    1.56%
  • Spain Government 31/10/29 0.60% Gb
    Spain Int Fixed Interest A
    1.41%
  • United States Treasury 30/04/25 2.875% Gb
    United States Int Fixed Interest AA+
    1.36%
  • United States Treasury 15/01/28 0.5% Ilb
    United States Int Fixed Interest AA+
    1.3%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 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% 6.41%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 93.59%
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% 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 Tue June 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:
    0.09%
  • Animal Testing:
    1.47%
  • Fossil Fuels:
    1.52%
  • Gambling:
    0.40%
  • GMOs:
    0.26%
  • 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 Tue March 31st 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 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

"The Smartshares Global Bond ETF invests in international fixed interest assets with the objective of outperforming the Barclays Global Aggregate Index by 1% per annum over rolling 3-year periods hedged against the New Zealand dollar. The investment manager is PIMCO Australia Pty Ltd."

Value $200M NZD
Period of data report Tue June 30th 2020
Members 373
Fund started Thu Nov. 12th 2015
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.54%
Administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Sachin Gupta

Currently: Portfolio Manager - PIMCO Australia (16 years, 5 months)
Previously: (None years, None months)

Andrew Balls

Currently: Portfolio Manager - PIMCO Australia (13 years, 5 months)
Previously: (None years, None months)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.