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

    • Petrochina Co Ltd-A 0.24% !!
      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
    • China Petroleum & Chemical-A 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
    • Grupo Mexico Sab De Cv-Ser B 0.21%
    • Mtn Group Ltd 0.15%
    • Centrais Eletricas Brasilier 0.14%
    • Li Ning Co Ltd 0.13%
    • Oil & Natural Gas Corp Ltd 0.12%
    • Adani Ports and Special Econ 0.11%
    • Formosa Chemicals & Fibre 0.09%
    • Page Industries Ltd 0.04%
    • Zte Corp-H 0.03%
    • Avichina Industry & Tech-H 0.02%
    • Centrais Eletricas Bras-Pr B 0.02%
    • Steel Authority Of India 0.02%
    • Vale SA 0.70%
    • Ntpc Ltd 0.19%
    • Adani Enterprises Ltd 0.14%
    • Astra International Tbk Pt 0.11%
    • Zijin Mining Group Co Ltd-H 0.11%
    • Soc Quimica Y Minera Chile-B 0.10%
    • Jbs SA 0.07%
    • Evergreen Marine Corp Ltd 0.05%
    • Pi Industries Ltd 0.05%
    • Sime Darby Plantation Bhd 0.05%
    • Upl Ltd 0.05%
    • Vedanta Ltd-Adr 0.04% !!
      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
    • Zijin Mining Group Co Ltd-A 0.04%
    • Bharat Heavy Electricals 0.03%
    • Genting Bhd 0.03%
    • Harmony Gold Mining Co Ltd 0.03%
    • Indofood Sukses Makmur Tbk P 0.03%
    • Ioi Corp Bhd 0.03%
    • Kuala Lumpur Kepong Bhd 0.03%
    • Ppb Group Berhad 0.03%
    • Tata Chemicals Ltd. 0.03%
    • Atul Ltd. 0.02%
    • China Traditional Chinese Me 0.02%
    • Coromandel International Ltd. 0.02%
    • Ijm Corp Bhd 0.02%
    • Indofood Cbp Sukses Makmur T 0.02%
    • Patanjali Foods Ltd 0.02%
    • Ql Resources Bhd 0.02%
    • Tres Tentos Agroindustrial S 0.02%
    • Astra Industrial Group 0.01%
    • Bayer Cropscience Ltd 0.01%
    • Grand Pharmaceutical Group L 0.01%
    • Hektas Ticaret T.A.S 0.01%
    • Hindustan Zinc Ltd 0.01%
    • Reliance Industries Ltd 1.30% !!
      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
    • Hindustan Unilever Ltd 0.36%
    • Asian Paints Ltd 0.24%
    • Itc Ltd 0.22%
    • China Petroleum & Chemical-A 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
    • Nan Ya Plastics Corp 0.16%
    • Formosa Plastics Corp 0.13%
    • Hindalco Industries Ltd 0.11%
    • Sasol Ltd 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
    • Formosa Chemicals & Fibre 0.09%
    • Jbs SA 0.07%
    • Petronas Chemicals Group Bhd 0.06%
    • Pi Industries Ltd 0.05%
    • Sahara International Petroch 0.05%
    • Srf Ltd 0.05%
    • Upl Ltd 0.05%
    • Colgate Palmolive (India) 0.04%
    • Supreme Industries Ltd 0.04%
    • Ultrapar Participacoes SA 0.04%
    • Wanhua Chemical Group Co -A 0.04%
    • Berger Paints India Ltd 0.03%
    • Hengan Intl Group Co Ltd 0.03%
    • Hindustan Petroleum Corp 0.03% !!
      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
    • Orbia Advance Corp Sab De Cv 0.03%
    • Tata Chemicals Ltd. 0.03%
    • 3M India Ltd. 0.02%
    • Coromandel International Ltd. 0.02%
    • Deepak Nitrite Ltd 0.02%
    • Emami Ltd. 0.02%
    • Gujarat Fluorochemicals Ltd 0.02%
    • Kimberly-Clark De Mexico-A 0.02%
    • Navin Fluorine International 0.02%
    • Taiwan Fertilizer Co Ltd 0.02%
    • Unilever Indonesia Tbk Pt 0.02%
    • Astra Industrial Group 0.01%
    • Bayer Cropscience Ltd 0.01%
    • China Petrochemical Dev Corp 0.01%
    • Dongyue Group 0.01%
    • Eternal Materials Co Ltd 0.01%
    • Fufeng Group Ltd 0.01%
    • Hektas Ticaret T.A.S 0.01%
    • Kansai Nerolac Paints Ltd. 0.01%
    • Larsen & Toubro Ltd 0.35%
    • Adani Enterprises Ltd 0.14%
    • Bharat Electronics Ltd 0.08%
    • Hindustan Aeronautics Ltd. 0.06%
    • Bharat Forge Ltd 0.05%
    • Ashok Leyland Ltd 0.04%
    • Aselsan Elektronik Sanayi 0.03%
    • Embraer SA 0.03%
    • Avichina Industry & Tech-H 0.02%
    • Mazagon Dock Shipbuilders Lt 0.01%
    • Reliance Industries Ltd 1.30% !!
      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
    • Vale SA 0.70%
    • Petrobras - Petroleo Bras-Pr 0.47% !!
      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
    • Petrobras - Petroleo Bras 0.40% !!
      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
    • Saudi Arabian Oil Co 0.39% !!
      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
    • Petrochina Co Ltd-A 0.24% !!
      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
    • China Petroleum & Chemical-A 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
    • Grupo Mexico Sab De Cv-Ser B 0.21%
    • Ntpc Ltd 0.19%
    • Tata Steel Ltd 0.17%
    • China Shenhua Energy Co-H 0.15%
    • Weg SA 0.15%
    • Adani Enterprises Ltd 0.14%
    • Centrais Eletricas Brasilier 0.14%
    • Oil & Natural Gas Corp Ltd 0.12%
    • Astra International Tbk Pt 0.11%
    • Coal India Ltd 0.11%
    • Sasol Ltd 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
    • Acwa Power Co 0.10%
    • Tenaga Nasional Bhd 0.10%
    • Cez As 0.09%
    • Enn Energy Holdings Ltd 0.09%
    • Taiwan Cement 0.09%
    • Citic Securities Co Ltd-H 0.07%
    • Pegatron Corp 0.07%
    • Tata Power Co Ltd 0.07%
    • Adani Power Ltd. 0.06%
    • Bharat Petroleum Corp Ltd 0.06% !!
      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
    • Citic Ltd 0.06%
    • Cosan SA 0.06% !!
      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
    • Indian Oil Corp Ltd 0.06%
    • Koc Holding As 0.06%
    • Shree Cement Ltd 0.06%
    • Yankuang Energy Group Co-H 0.06%
    • Adani Transmission Ltd 0.05%
    • China Resources Power Holdin 0.05%
    • Formosa Petrochemical Corp 0.05%
    • Gail India Ltd 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
    • Grupo Financiero Inbursa-O 0.05%
    • Jindal Steel & Power Ltd 0.05%
    • Mytilineos Holdings S.A. 0.05%
    • Saudi Electricity Co 0.05%
    • Abu Dhabi National Oil Company (Adnoc) 0.04% !!
      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
    • China Longyuan Power Group-H 0.04%
    • Eneva SA 0.04% !!
      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
    • Kunlun Energy Co Ltd 0.04% !!
      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
    • Misc Bhd 0.04%
    • Mol Hungarian Oil and Gas Pl 0.04%
    • Petronas Gas Bhd 0.04%
    • Qatar Gas Transport(Nakilat) 0.04%
    • United Tractors Tbk Pt 0.04%
    • Vedanta Ltd-Adr 0.04% !!
      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
    • Acc Ltd 0.03%
    • Adaro Energy Indonesia Tbk P 0.03%
    • Aluminum Corp Of China Ltd-H 0.03%
    • China Shenhua Energy Co-A 0.03%
    • Ecopetrol SA 0.03% !!
      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
    • Enel Americas SA 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Exxaro Resources Ltd 0.03%
    • Genting Bhd 0.03%
    • Guangdong Investment Ltd 0.03%
    • Hindustan Petroleum Corp 0.03% !!
      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
    • Huaneng Power Intl Inc-H 0.03%
    • Jindal Stainless Ltd 0.03%
    • Jsw Energy Ltd 0.03%
    • Nmdc Ltd 0.03%
    • OMV Petrom SA 0.03% !!
      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
    • Petronet Lng Ltd 0.03% !!
      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
    • Public Power Corp 0.03%
    • Qatar Electricity & Water Co 0.03%
    • Torrent Power Ltd 0.03%
    • 3R Petroleum Oleo E Gas SA 0.02%
    • Beijing Enterprises Hldgs 0.02%
    • Bumi Resources Tbk Pt 0.02%
    • Centrais Eletricas Bras-Pr B 0.02%
    • China Coal Energy Co-H 0.02%
    • China Power International 0.02%
    • Dana Gas 0.02% !!
      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
    • Enel Chile SA 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Engie Brasil Energia SA 0.02% !!
      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
    • Gcc Sab De Cv 0.02%
    • Gmr Airports Infrastructure 0.02%
    • Haci Omer Sabanci Holding 0.02%
    • Inner Mongolia Yitai Coal-B 0.02%
    • Manila Electric Company 0.02%
    • Motor Oil (Hellas) SA 0.02% !!
      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
    • National Industrialization C 0.02%
    • Oil India Ltd 0.02% !!
      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
    • Petronas Dagangan Bhd 0.02%
    • Qatar Navigation 0.02%
    • Rabigh Refining and Petroche 0.02%
    • The Ramco Cements Ltd. 0.02%
    • Thungela Resources Ltd 0.02%
    • Ytl Corp Bhd 0.02%
    • African Rainbow Minerals Ltd 0.01%
    • Akr Corporindo Tbk Pt 0.01%
    • Aneka Tambang Tbk 0.01%
    • Colbun SA 0.01%
    • Dmci Holdings, Inc. 0.01%
    • Ecopetrol SA-Sponsored Adr 0.01% !!
      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
    • Egypt Kuwait Holding Co Sae 0.01%
    • Great Eastern Shipping Co 0.01%
    • Indo Tambangraya Megah Tbk P 0.01%
    • Metro Pacific Investments Co 0.01%
    • Perusahaan Gas Negara Tbk Pt 0.01% !!
      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
    • Petroreconcavo SA 0.01%
    • Pt Bukit Asam Tbk 0.01%
    • Semirara Mining and Power Co 0.01%
    • Shaanxi Coal Industry Co L-A 0.01%
    • Yinson Holdings Bhd. 0.01%

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. 2023 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

Invests in international shares and is designed to track the return (before tax, fees and other expenses) of the FTSE Emerging Markets All Cap China A Inclusion Index.

Value $139M NZD
Period of data report 30th Sept. 2023
Fund started 29th July 2015
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.58%
Other management and administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (7 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 5 months)

Stuart Kenneth Reginald Millar

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

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 1 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (7 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. 2023.

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
2023 -5.17% -1.48%
2022 3.53% -8.75%
2021 35.55% 33.63%
2020 -7.06% -8.5%
2019 10.17% -2.29%
2018 7.53% 12.9%
2017 9.49% 14.74%

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. 2023.

Top 10 Investments

  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    99.83%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.32%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.16798%
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% 99.83202%
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.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.