Smartshares US 500 ETF

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Fund type: Aggressive fund

Past Returns: 17.09%

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

Annual Fees: 0.34%

Annual fees, including management and administration fees, but not membership 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

Exxon Mobil Corp. 1.18%
Chevron Corp. 0.85%
Nextera Energy Inc. 0.51%
Conocophillips 0.43%
Duke Energy Corp. 0.24%
Southern Co. 0.24%
Eog Resources Inc. 0.21%
Dominion Energy Inc. 0.19%
Pioneer Natural Resources Co. 0.17%
Marathon Petroleum Corp. 0.16%
American Electric Power Co. Inc. 0.15%
Occidental Petroleum Corp. 0.15%
Sempra Energy 0.15%
Valero Energy Corp. 0.14%
Devon Energy Corp. 0.13%
Phillips 66 0.13%
Kinder Morgan Inc. 0.11%
Williams Cos. Inc. 0.11%
Xcel Energy Inc. 0.11%
Consolidated Edison Inc. 0.10%
Hess Corp. 0.10%
Constellation Energy Corp. 0.09%
Public Service Enterprise Group Inc. 0.09%
Wec Energy Group Inc. 0.09%
Oneok Inc. 0.08%
Ameren Corp. 0.07%
Coterra Energy Inc. 0.07%
Diamondback Energy Inc. 0.07%
Dte Energy Co. 0.07%
Entergy Corp. 0.07%
Pg&E Corp. 0.07%
Cms Energy Corp. 0.06%
Delta Air Lines Inc. 0.06%
Lyondellbasell Industries Nv 0.06%
Ppl Corp. 0.06%
Aes Corp. 0.05%
Atmos Energy Corp. 0.05%
Eqt Corp. 0.05%
Marathon Oil Corp. 0.05%
Alliant Energy Corp. 0.04%
Apa Corp. 0.04%
Evergy Inc. 0.04%
Loews Corp. 0.03%
Nisource Inc. 0.03%
Nrg Energy Inc. 0.03%
Pinnacle West Capital Corp. 0.02%

Weapons

Walmart Inc. 0.61%
Raytheon Technologies Corp. 0.40%
Honeywell International Inc. 0.37%
Lockheed Martin Corp. 0.30%
Boeing Co. 0.22%
Northrop Grumman Corp. 0.22%
General Dynamics Corp. 0.16%
Amphenol Corp. 0.13%
L3Harris Technologies Inc. 0.13%
Transdigm Group Inc. 0.09%
Teledyne Technologies Inc. 0.05%
Howmet Aerospace Inc. 0.04%
Leidos Holdings Inc. 0.04%
Textron Inc. 0.04%
Huntington Ingalls Industries Inc. 0.03%

Tobacco

Philip Morris International Inc. 0.42%
Altria Group Inc. 0.24%

Gambling

Vici Properties Inc. 0.08%
Las Vegas Sands Corp. 0.04%
Mgm Resorts International 0.03%
Caesars Entertainment Inc. 0.02%
Wynn Resorts Ltd. 0.02%

Adult Entertainment/Pornography

Mgm Resorts International 0.03%
Caesars Entertainment Inc. 0.02%

Alcohol

Constellation Brands Inc. 0.12%
Brown-Forman Corp. 0.04%
Molson Coors Beverage Co. 0.03%

GMOs

Corteva Inc. 0.13%

Human Rights & Environmental Violations

Johnson & Johnson 1.40%
Meta Platforms Inc. 1.02%
Chevron Corp. 0.85%
Thermo Fisher Scientific Inc. 0.65%
Wells Fargo & Co. 0.50%
Raytheon Technologies Corp. 0.40%
Lockheed Martin Corp. 0.30%
Caterpillar Inc. 0.28%
Duke Energy Corp. 0.24%
Activision Blizzard Inc. 0.17%
Archer-Daniels-Midland Co. 0.15%
Corteva Inc. 0.13%
Freeport-Mcmoran Inc. 0.13%
Motorola Solutions Inc. 0.12%
Pg&E Corp. 0.07%
Fmc Corp. 0.04%

Animal Testing

Exxon Mobil Corp. 1.18%
Procter & Gamble Co. 0.99%
Chevron Corp. 0.85%
Pepsico Inc. 0.74%
Coca-Cola Co. 0.72%
Philip Morris International Inc. 0.42%
Honeywell International Inc. 0.37%
Mondelez International Inc. 0.25%
Altria Group Inc. 0.24%
3M Co. 0.20%
Colgate-Palmolive Co. 0.19%
Estee Lauder Cos. Inc. 0.16%
Sherwin-Williams Co. 0.16%
Archer-Daniels-Midland Co. 0.15%
General Mills Inc. 0.15%
Corteva Inc. 0.13%
Constellation Brands Inc. 0.12%
Ecolab Inc. 0.12%
Kimberly-Clark Corp. 0.12%
Albemarle Corp. 0.10%
Dow Inc. 0.10%
Keurig Dr Pepper Inc. 0.10%
Kraft Heinz Co. 0.09%
PPG Industries Inc. 0.09%
Dupont De Nemours Inc. 0.08%
International Flavors & Fragrances Inc. 0.08%
Church & Dwight Co. Inc. 0.06%
Kellogg Co. 0.06%
Lyondellbasell Industries Nv 0.06%
Tyson Foods Inc. 0.06%
Clorox Co. 0.05%
Mosaic Co. 0.05%
Fmc Corp. 0.04%
Hormel Foods Corp. 0.04%
Campbell Soup Co. 0.03%
Celanese Corp. 0.03%
Eastman Chemical Co. 0.03%
Molson Coors Beverage Co. 0.03%
Tapestry Inc. 0.02%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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.

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
2022 3.19% 15.77%
2021 36.07% 29.57%
2020 -7.33% 5.92%
2019 10.16% 15.34%
2018 7.53% 7.37%
2017 9.49% 13.56%

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 Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Vanguard S&P 500 ETF
    United States International Equities
    99.57%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.28%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Sept. 30th 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 1.1777%
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% 98.8223%
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 Fri Sept. 30th 2022.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.05%
  • Alcohol:
    0.19%
  • Animal Testing:
    8.44%
  • Fossil Fuels:
    6.98%
  • Gambling:
    0.19%
  • GMOs:
    0.13%
  • Human Rights & Environmental Violations:
    6.43%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.66%
  • Weapons:
    2.82%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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 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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

In their own words

"Invests in US shares and is designed to track the return (before tax, fees and other expenses) of the S&P 500 Index."

Value $460M NZD
Period of data report Fri Sept. 30th 2022
Fund started Wed July 29th 2015
Total annual fund fees 0.34%
Total performance based fees 0.0%
Manager's basic fee 0.33%
Other management and administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (6 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (7 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (3 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (4 years, 7 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (6 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 Fri Sept. 30th 2022.

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 Markets Conduct Act 2013 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.