Funds
Smartshares US Small Cap ETF
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Atmos Energy Corp. 0.34%
- Targa Resources Corp. 0.33%
- Ovintiv Inc. 0.28%
- Apa Corp. 0.27%
- Chesapeake Energy Corp. 0.26%
- Texas Pacific Land Corp. 0.26%
- Nrg Energy Inc. 0.21%
- Antero Resources Corp. 0.20%
- Marathon Oil Corp. 0.18%
- Oge Energy Corp. 0.17%
- Pinnacle West Capital Corp. 0.17%
- Eqt Corp. 0.16%
- Southwestern Energy Co. 0.16%
- Ugi Corp. 0.16%
- Range Resources Corp. 0.15%
- Matador Resources Co. 0.13%
- National Fuel Gas Co. 0.13%
- Oasis Petroleum Inc. 0.13%
- Pdc Energy Inc. 0.13%
- Dt Midstream Inc. 0.12%
- Idacorp Inc. 0.12%
- Murphy Oil Corp. 0.12%
- Sm Energy Co. 0.11%
- Black Hills Corp. 0.10%
- Denbury Inc. 0.10%
- South Jersey Industries Inc. 0.10%
- Hawaiian Electric Industries Inc. 0.09%
- Kirby Corp. 0.09%
- Pbf Energy Inc. 0.09%
- Pnm Resources Inc. 0.09%
- Portland General Electric Co. 0.09%
- Clearway Energy Inc. 0.08%
- Equitrans Midstream Corp. 0.08%
- Magnolia Oil & Gas Corp. 0.08%
- Allete Inc. 0.07%
- Antero Midstream Corp. 0.07%
- California Resources Corp. 0.07%
- Civitas Resources Inc. 0.07%
- Cnx Resources Corp. 0.07%
- Northwestern Corp. 0.07%
- Peabody Energy Corp. 0.07%
- Spire Inc. 0.07%
- Avista Corp. 0.06%
- Mge Energy Inc. 0.06%
- Otter Tail Corp. 0.06%
- Alpha Metallurgical Resources Inc. 0.05%
- Arch Resources Inc. 0.05%
- Callon Petroleum Co. 0.05%
- Delek US Holdings Inc. 0.05%
- New Fortress Energy Inc. 0.05%
- Comstock Resources Inc. 0.04%
- Warrior Met Coal Inc. 0.03%
- Cvr Energy Inc. 0.02%
- International Seaways Inc. 0.02%
Weapons
- Booz Allen Hamilton Holding Corp. 0.29%
- Howmet Aerospace Inc. 0.28%
- Huntington Ingalls Industries Inc. 0.21%
- Axon Enterprise Inc. 0.19%
- Caci International Inc. 0.15%
- Kbr Inc. 0.14%
- Leidos Holdings Inc. 0.14%
- Olin Corp. 0.14%
- Rbc Bearings Inc. 0.14%
- Curtiss-Wright Corp. 0.13%
- Dick'S Sporting Goods Inc. 0.13%
- Science Applications International Corp. 0.12%
- Bwx Technologies Inc. 0.11%
- Oshkosh Corp. 0.11%
- Woodward Inc. 0.11%
- Hexcel Corp. 0.10%
- Academy Sports & Outdoors Inc. 0.09%
- Coherent Corp. 0.09%
- Ati Inc. 0.08%
- Fluor Corp. 0.08%
- Mueller Industries Inc. 0.08%
- Aerojet Rocketdyne Holdings Inc. 0.07%
- Firstcash Holdings Inc. 0.07%
- Albany International Corp. 0.06%
- Sanmina Corp. 0.06%
- Aerovironment Inc. 0.05%
- Esco Technologies Inc. 0.05%
- Mercury Systems Inc. 0.05%
- Moog Inc. 0.05%
- Spirit Aerosystems Holdings Inc. 0.05%
- Viasat Inc. 0.05%
- Griffon Corp. 0.04%
- Aar Corp. 0.03%
- Compass Diversified Holdings 0.03%
- Kratos Defense & Security Solutions Inc. 0.03%
- Ttm Technologies Inc. 0.03%
- Kaman Corp. 0.02%
- Oceaneering International Inc. 0.02%
- Sturm Ruger & Co. Inc. 0.02%
- Vista Outdoor Inc. 0.02%
Tobacco
- Casey'S General Stores Inc. 0.18%
- Performance Food Group Co. 0.16%
- Universal Corp./Va 0.03%
- Vector Group Ltd. 0.03%
Gambling
- Gaming and Leisure Properties Inc. 0.26%
- Churchill Downs Inc. 0.15%
- Wynn Resorts Ltd. 0.15%
- Draftkings Inc. 0.14%
- Boyd Gaming Corp. 0.08%
- Red Rock Resorts Inc. 0.04%
Alcohol
- Molson Coors Beverage Co. 0.10%
- Boston Beer Co. Inc. 0.07%
- Duckhorn Portfolio Inc. 0.01%
Human Rights & Environmental Violations
- Mattel Inc. 0.16%
- Kbr Inc. 0.14%
- Chemours Co. 0.09%
- Scotts Miracle-Gro Co. 0.04%
Animal Cruelty
- Entegris Inc. 0.29%
- Rpm International Inc. 0.26%
- Darling Ingredients Inc. 0.25%
- Reliance Steel & Aluminum Co. 0.25%
- Tapestry Inc. 0.16%
- Olin Corp. 0.14%
- Capri Holdings Ltd. 0.13%
- Livent Corp. 0.13%
- Ingredion Inc. 0.12%
- Ashland Inc. 0.11%
- Huntsman Corp. 0.10%
- Molson Coors Beverage Co. 0.10%
- Balchem Corp. 0.09%
- Cabot Corp. 0.09%
- Celsius Holdings Inc. 0.09%
- Chemours Co. 0.09%
- Element Solutions Inc. 0.09%
- Univar Solutions Inc. 0.09%
- Hb Fuller Co. 0.08%
- Ralph Lauren Corp. 0.08%
- Avient Corp. 0.07%
- Pvh Corp. 0.07%
- Sensient Technologies Corp. 0.07%
- Coty Inc. 0.06%
- Wd-40 Co. 0.06%
- Cal-Maine Foods Inc. 0.05%
- Coca-Cola Consolidated Inc. 0.05%
- Edgewell Personal Care Co. 0.05%
- Herbalife Nutrition Ltd. 0.05%
- Ingevity Corp. 0.05%
- Innospec Inc. 0.05%
- Stepan Co. 0.05%
- Energizer Holdings Inc. 0.04%
- Nu Skin Enterprises Inc. 0.04%
- Scotts Miracle-Gro Co. 0.04%
- Seaworld Entertainment Inc. 0.04%
- Spectrum Brands Holdings Inc. 0.04%
- Beauty Health Co. 0.03%
- Central Garden & Pet Co. 0.03%
- Pilgrim'S Pride Corp. 0.03%
- Six Flags Entertainment Corp. 0.03%
- Tronox Holdings PLC 0.03%
- Westlake Corp. 0.03%
- Xerox Holdings Corp. 0.03%
- Abercrombie & Fitch Co. 0.02%
- Andersons Inc. 0.02%
- Boot Barn Holdings Inc. 0.02%
- Ecovyst Inc. 0.02%
- Usana Health Sciences 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 30th Sept. 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.
About this fund
In their own words
Invests in US shares and is designed to track the return (before tax, fees and other expenses) of the CRSP US Small Cap Index.
| Value | $74M NZD |
| Period of data report | 31st Dec. 2022 |
| 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 |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (7 years, 1 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (3 years, 7 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (4 years, 10 months) |
|
Alister John Williams |
Currently: Director (7 years, 1 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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 | 0.00% | |
| Alcohol | 0.18% | |
| Animal Cruelty | 3.92% | |
| Fossil Fuels | 6.38% | |
| Gambling | 0.82% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 0.43% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.40% | |
| Weapons | 3.69% |
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. 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.
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 |
|---|---|---|
| 2022 | 3.19% | 0.83% |
| 2021 | 36.07% | 55.43% |
| 2020 | -7.33% | -13.19% |
| 2019 | 10.16% | 11.19% |
| 2018 | 7.53% | 5.91% |
| 2017 | 9.49% | 17.91% |
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 Dec. 2022.
Top 10 Investments
-
Vanguard Small-Cap ETF
United States International Equities99.84% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-0.67%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.157673% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 100.0% | 0.0% |
| International Equities | 0.0% | 99.842327% |
| 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 31st Dec. 2022.