Funds

Smart NZ Bond ETF

Find a Mindful Ethical fund »

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

    • Genesis Energy Ltd. 2.02%

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 NZ Bond ETF is designed to provide a return (before tax, fees and other expenses) that outperforms the S&P/NZX A-Grade Corporate Bond Total Return Index over rolling three-year periods.

Value $440M NZD
Period of data report 30th Sept. 2024
Fund started 12th Nov. 2015
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.54%
Other management and administration charges 0.0%
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 3.59% 3.76%
2023 -0.79% -0.07%
2022 -2.46% -3.7%
2021 2.15% 3.02%
2020 1.75% 2.5%
2019 2.76% 4.19%
2018 1.94% 4.04%
2017 1.52% 2.04%

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

  • Housing New Zealand Ltd 4.422% 15/10/27
    New Zealand NZ Fixed Interest AAA
    4.73%
  • NZ Local Govt Fund Agenc 4.50% 15/04/2027
    New Zealand NZ Fixed Interest AAA
    4.64%
  • New Zealand Local Government Funding Agency 3.50% 14/04/33
    New Zealand NZ Fixed Interest AAA
    4.24%
  • NZ Local Govt Fund Agenc 2.75% 15/04/2025
    New Zealand NZ Fixed Interest AAA
    4.06%
  • Housing New Zealand Ltd 3.42% 18/10/28
    New Zealand NZ Fixed Interest AAA
    3.64%
  • Housing New Zealand Ltd 2.247% 05/10/26
    New Zealand NZ Fixed Interest AAA
    3.54%
  • Housing New Zealand Ltd 2.183% 24/04/30
    New Zealand NZ Fixed Interest AAA
    3.51%
  • Housing New Zealand Ltd 1.534% 10/09/35
    New Zealand NZ Fixed Interest AAA
    3.23%
  • Westpac New Zealand Ltd 2.083% 20/02/2025
    New Zealand NZ Fixed Interest AA-
    2.6%
  • NZ Local Govt Fund Agenc 1.50% 20/04/2029
    New Zealand NZ Fixed Interest AAA
    2.4%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.0%
New Zealand Fixed Interest 100.0% 100.0%
International Fixed Interest 0.0% 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% 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.