Funds

Smart US Large Value ETF

Total Ethical Concerns: 29.64%

The average total concerns of all managed aggressive funds is 12.02%.

Companies of Concern

  • Animal Cruelty 8.96%

    • Exxon Mobil Corp.
      2.38%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      2.38%
    • 1.85%
    • Chevron Corp.
      1.29%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      1.29%
    • Philip Morris International (Pmi)
      1.14%
      1.14%
    • Altria Group, Inc.
      0.47%
      0.47%
    • 3M
      0.37%
      0.37%
    • Colgate-Palmolive Co.
      0.35%
      0.35%
    • Kimberly-Clark Corp.
      0.22%
      0.22%
    • Corteva, Inc.
      0.20%
      0.20%
    • Dupont De Nemours
      0.13%
      0.13%
    • Dow, Inc.
      0.11%
      0.11%
    • PPG Industries, Inc.
      0.11%
      0.11%
    • International Flavors & Fragrances, Inc.
      0.09%
      0.09%
    • The Clorox Co.
      0.08%
      0.08%
    • Tyson Foods Inc
      0.08%
      0.08%
    • Hormel Foods Corp
      0.04%
      0.04%
  • Human Rights Violations 4.91%

    • 1.84%
    • Wells Fargo
      1.09%
      1.09%
    • Caterpillar
      0.73%
      0.73%
    • General Motors
      0.22%
      0.22%
  • Social Harm 1.95%

  • Fossil Fuels 11.47%

    • Exxon Mobil Corp.
      2.38%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      2.38%
    • Chevron Corp.
      1.29%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      1.29%
    • Nextera Energy, Inc.
      0.64%
      0.64%
    • Conocophillips
      0.62%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.62%
    • The Southern Co.
      0.46%
      0.46%
    • Duke Energy Corp
      0.43%
      0.43%
    • The Williams Cos., Inc.
      0.34%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.34%
    • Eog Resources, Inc.
      0.33%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.33%
    • Constellation Energy Corp.
      0.29%
      0.29%
    • Oneok, Inc.
      0.29%
      0.29%
    • American Electric Power Co., Inc.
      0.27%
      0.27%
    • Kinder Morgan, Inc.
      0.25%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.25%
    • Cheniere Energy, Inc.
      0.23%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.23%
    • Phillips 66
      0.23%
      0.23%
    • Dominion Energy, Inc.
      0.22%
      0.22%
    • Marathon Petroleum Corp.
      0.21%
      0.21%
    • Sempra Energy
      0.21%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.21%
    • Valero Energy Corp.
      0.19%
      0.19%
    • Xcel Energy, Inc.
      0.19%
      0.19%
    • Consolidated Edison, Inc.
      0.18%
      0.18%
    • Vistra Energy
      0.18%
      0.18%
    • Entergy Corp.
      0.17%
      0.17%
    • Pg&E Corp
      0.17%
      0.17%
    • Wec Energy Group, Inc.
      0.16%
      0.16%
    • Occidental Petroleum Corp.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Diamondback Energy, Inc.
      0.14%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.14%
    • Delta Air Lines, Inc.
      0.13%
      0.13%
    • Ameren Corp.
      0.12%
      0.12%
    • Ppl Corp.
      0.12%
      0.12%
    • Centerpoint Energy, Inc.
      0.11%
      0.11%
    • Devon Energy Corp.
      0.11%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.11%
    • Dte Energy Co.
      0.11%
      0.11%
    • Cms Energy Corp.
      0.10%
      0.10%
    • Firstenergy Corp.
      0.10%
      0.10%
    • Halliburton Co.
      0.09%
      0.09%
    • Alliant Energy Corp.
      0.08%
      0.08%
    • Loews Corp.
      0.07%
      0.07%
    • Coterra Energy, Inc.
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Nisource, Inc.
      0.04%
      0.04%
    • Evergy, Inc.
      0.03%
      0.03%
  • Weapons 4.77%

    • 1.79%
    • Rtx Corp.
      0.81%
      0.81%
    • Honeywell International, Inc.
      0.63%
      0.63%
    • 0.49%
    • Northrop Grumman Corp.
      0.34%
      0.34%
    • General Dynamics Corp.
      0.29%
      0.29%
    • L3Harris Technologies, Inc.
      0.18%
      0.18%
    • Teledyne Technologies, Inc.
      0.11%
      0.11%
    • Jacobs Solutions, Inc.
      0.07%
      0.07%
    • Leidos
      0.04%
      0.04%
    • Textron, Inc.
      0.03%
      0.03%
  • Environmental Harm 5.94%

    • Chevron Corp.
      1.29%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      1.29%
    • Coca-Cola
      1.14%
      1.14%
    • Pepsico
      0.95%
      0.95%
    • Honeywell International, Inc.
      0.63%
      0.63%
    • Duke Energy Corp
      0.43%
      0.43%
    • Mondelez
      0.41%
      0.41%
    • 3M
      0.37%
      0.37%
    • 0.25%
    • Corteva, Inc.
      0.20%
      0.20%
    • Pg&E Corp
      0.17%
      0.17%
    • Archer-Daniels Midland
      0.11%
      0.11%

From the Fund Provider

  • About this fund

    About this Fund

    The Smart US Large Value ETF is designed to track the return (before tax, fees and other expenses) of the CRSP US Large Cap Value Index. The Index is comprised of large US value companies.

    Value $50.0M NZD
    Period of data report 31st March 2025
    Fund started 29th July 2015
    Total annual fund fees 0.51%
    Total performance based fees 0.0%
    Manager's basic fee 0.5%
    Other management and administration charges 0.01%
    Total other charges 0.0
    Total other charges currency NZD

    Guy Roulston Elliffe

    Currently: Director (9 years, 4 months)
    Previously: Corporate Governance Manager - ACC (current position) (9 years, 11 months)

    Stuart Kenneth Reginald Millar

    Currently: Chief Investment Officer - Smartshares (5 years, 10 months)
    Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

    Anna Lennie Scott

    Currently: Chief Executive Officer - Smartshares (1 years, 6 months)
    Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

    Alister John Williams

    Currently: Director (9 years, 4 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 31st March 2025.

  • Past Returns

    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
    2025 4.07% 10.83%
    2024 15.78% 25.04%
    2023 -4.85% 2.8%
    2022 3.53% 13.96%
    2021 35.55% 25.86%
    2020 -7.06% -2.85%
    2019 10.17% 12.62%
    2018 7.53% 4.42%
    2017 9.49% 15.23%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • Vanguard Value ETF

      United States International Equities

      99.87%
    • NZD Cash Account (ANZ Bank)

      New Zealand Cash and Equivalents AA-

      0.51%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.13%
    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% 99.87%
    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 by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2025 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.

Issues of Concern

  • 8.96% Animal Cruelty
  • 4.91% Human Rights Violations
  • 1.95% Social Harm
  • 11.47% Fossil Fuels
  • 4.77% Weapons
  • 5.94% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Exxon Mobil Corp.
      2.38%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      2.38%
    • 1.85%
    • Chevron Corp.
      1.29%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      1.29%
    • Philip Morris International (Pmi)
      1.14%
      1.14%
    • Altria Group, Inc.
      0.47%
      0.47%
    • 3M
      0.37%
      0.37%
    • Colgate-Palmolive Co.
      0.35%
      0.35%
    • Kimberly-Clark Corp.
      0.22%
      0.22%
    • Corteva, Inc.
      0.20%
      0.20%
    • Dupont De Nemours
      0.13%
      0.13%
    • Dow, Inc.
      0.11%
      0.11%
    • PPG Industries, Inc.
      0.11%
      0.11%
    • International Flavors & Fragrances, Inc.
      0.09%
      0.09%
    • The Clorox Co.
      0.08%
      0.08%
    • Tyson Foods Inc
      0.08%
      0.08%
    • Hormel Foods Corp
      0.04%
      0.04%
  • Human Rights Violations

    • 1.84%
    • Wells Fargo
      1.09%
      1.09%
    • Caterpillar
      0.73%
      0.73%
    • General Motors
      0.22%
      0.22%
  • Fossil Fuels

    • Exxon Mobil Corp.
      2.38%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      2.38%
    • Chevron Corp.
      1.29%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      1.29%
    • Nextera Energy, Inc.
      0.64%
      0.64%
    • Conocophillips
      0.62%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.62%
    • The Southern Co.
      0.46%
      0.46%
    • Duke Energy Corp
      0.43%
      0.43%
    • The Williams Cos., Inc.
      0.34%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.34%
    • Eog Resources, Inc.
      0.33%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.33%
    • Constellation Energy Corp.
      0.29%
      0.29%
    • Oneok, Inc.
      0.29%
      0.29%
    • American Electric Power Co., Inc.
      0.27%
      0.27%
    • Kinder Morgan, Inc.
      0.25%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.25%
    • Cheniere Energy, Inc.
      0.23%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.23%
    • Phillips 66
      0.23%
      0.23%
    • Dominion Energy, Inc.
      0.22%
      0.22%
    • Marathon Petroleum Corp.
      0.21%
      0.21%
    • Sempra Energy
      0.21%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.21%
    • Valero Energy Corp.
      0.19%
      0.19%
    • Xcel Energy, Inc.
      0.19%
      0.19%
    • Consolidated Edison, Inc.
      0.18%
      0.18%
    • Vistra Energy
      0.18%
      0.18%
    • Entergy Corp.
      0.17%
      0.17%
    • Pg&E Corp
      0.17%
      0.17%
    • Wec Energy Group, Inc.
      0.16%
      0.16%
    • Occidental Petroleum Corp.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Diamondback Energy, Inc.
      0.14%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.14%
    • Delta Air Lines, Inc.
      0.13%
      0.13%
    • Ameren Corp.
      0.12%
      0.12%
    • Ppl Corp.
      0.12%
      0.12%
    • Centerpoint Energy, Inc.
      0.11%
      0.11%
    • Devon Energy Corp.
      0.11%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.11%
    • Dte Energy Co.
      0.11%
      0.11%
    • Cms Energy Corp.
      0.10%
      0.10%
    • Firstenergy Corp.
      0.10%
      0.10%
    • Halliburton Co.
      0.09%
      0.09%
    • Alliant Energy Corp.
      0.08%
      0.08%
    • Loews Corp.
      0.07%
      0.07%
    • Coterra Energy, Inc.
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Nisource, Inc.
      0.04%
      0.04%
    • Evergy, Inc.
      0.03%
      0.03%
  • Weapons

    • 1.79%
    • Rtx Corp.
      0.81%
      0.81%
    • Honeywell International, Inc.
      0.63%
      0.63%
    • 0.49%
    • Northrop Grumman Corp.
      0.34%
      0.34%
    • General Dynamics Corp.
      0.29%
      0.29%
    • L3Harris Technologies, Inc.
      0.18%
      0.18%
    • Teledyne Technologies, Inc.
      0.11%
      0.11%
    • Jacobs Solutions, Inc.
      0.07%
      0.07%
    • Leidos
      0.04%
      0.04%
    • Textron, Inc.
      0.03%
      0.03%
  • Environmental Harm

    • Chevron Corp.
      1.29%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      1.29%
    • Coca-Cola
      1.14%
      1.14%
    • Pepsico
      0.95%
      0.95%
    • Honeywell International, Inc.
      0.63%
      0.63%
    • Duke Energy Corp
      0.43%
      0.43%
    • Mondelez
      0.41%
      0.41%
    • 3M
      0.37%
      0.37%
    • 0.25%
    • Corteva, Inc.
      0.20%
      0.20%
    • Pg&E Corp
      0.17%
      0.17%
    • Archer-Daniels Midland
      0.11%
      0.11%

About this Fund

The Smart US Large Value ETF is designed to track the return (before tax, fees and other expenses) of the CRSP US Large Cap Value Index. The Index is comprised of large US value companies.

Value $50.0M NZD
Period of data report 31st March 2025
Fund started 29th July 2015
Total annual fund fees 0.51%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Other management and administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (9 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (1 years, 6 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (9 years, 4 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 31st March 2025.

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
2025 4.07% 10.83%
2024 15.78% 25.04%
2023 -4.85% 2.8%
2022 3.53% 13.96%
2021 35.55% 25.86%
2020 -7.06% -2.85%
2019 10.17% 12.62%
2018 7.53% 4.42%
2017 9.49% 15.23%

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 31st March 2025.

Top 10 Investments

  • Vanguard Value ETF

    United States International Equities

    99.87%
  • NZD Cash Account (ANZ Bank)

    New Zealand Cash and Equivalents AA-

    0.51%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.13%
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% 99.87%
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 by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.