Smartshares Emerging Markets ETF

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Type: Aggressive fund
Past Returns: 7.61%

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

Annual Fees: 0.59%

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

Adani Enterprises Limited 0.05%
African Rainbow Minerals Limited 0.02%
Aluminum Corporation Of China Limited Class H 0.02%
Banpu Public Co. Ltd.(Alien Mkt) 0.02%
Bharat Petroleum Corporation Limited 0.07%
China Cinda Asset Management Co., Ltd. Class H 0.02%
China Petroleum & Chemical Corporation Class H 0.17%
China Shenhua Energy Co. Ltd. Class H 0.09%
China State Construction Engineering Corp. Ltd. Class A 0.03%
China State Construction International Holdings Limited 0.02%
Citic Limited 0.06%
Citic Securities Co. Ltd. Class H 0.08%
Coal India Ltd. 0.04%
Cosan S.A. 0.06%
Ecopetrol SA 0.02%
Electricity Generating Public Co., Ltd.(Alien Mkt) 0.02%
Empresas Copec S.A. 0.07%
Engie Brasil Energia S.A. 0.02%
Eve Energy Co. Ltd. Class A 0.02%
Exxaro Resources Limited 0.04%
Formosa Petrochemical Corp 0.06%
Gail (India) Limited 0.04%
Gazprom PJSC 0.39%
Global Power Synergy Public Company Ltd (Alien Mkt) 0.02%
Hindustan Petroleum Corporation Limited 0.03%
Indian Oil Corp. Ltd. 0.04%
Infraestructura Energetica Nova Sab De Cv 0.02%
Irpc Public Co., Ltd.(Alien Mkt) 0.02%
Jindal Steel & Power Ltd. 0.02%
Kunlun Energy Co. Ltd. 0.04%
Magnitogorsk Iron & Steel Works PJSC 0.02%
Misc Bhd 0.03%
Mol Hungarian Oil & Gas PLC Class A 0.03%
Novatek Jsc 0.18%
Novatek Jsc Sponsored Gdr Regs 0.09%
Oil Company Lukoil PJSC 0.36%
Petro Rio SA 0.02%
Petrobras Distribuidora SA 0.04%
Petrochina Company Limited Class H 0.09%
Petronas Gas Bhd. 0.03%
Petronet Lng Limited 0.03%
Pt Aneka Tambang Tbk 0.02%
Pt Astra International Tbk 0.09%
Pt United Tractors Tbk 0.03%
Ptt Exploration & Production PLC(Alien Mkt) 0.07%
Ptt Global Chemical PLC(Alien Mkt) 0.05%
Ptt Public Co., Ltd.(Alien Mkt) 0.23%
Qatar Gas Transport Co. 0.03%
Reliance Industries Limited 1.08%
Rosneft Oil Co. 0.05%
Rosneft Oil Co. Sponsored Gdr Regs 0.06%
Sasol Limited 0.10%
Saudi Arabian Oil Company (Saudi Aramco) 0.30%
Severstal Pao 0.04%
Surgutneftegas PJSC Pfd 0.06%
Surgutneftegas PJSC Sponsored Adr 0.02%
Tatneft PJSC 0.07%
Tatneft PJSC Sponsored Adr 0.08%
Thai Oil Public Co. Ltd.(Alien Mkt) 0.02%
Transneft PJSC Pref. 0.04%
Turkiye Petrol Rafinerileri A.S. 0.02%
Vale S.A. 0.61%
Vale S.A. Sponsored Adr 0.11%
Vedanta Limited 0.06%
Yanzhou Coal Mining Co. Ltd. Class H 0.03%

Weapons

Aselsan Elektronik Sanayi Ve Ticaret A.S. Class B 0.01%
Ashok Leyland Limited 0.02%
Avichina Industry & Technology Co. Ltd. Class H 0.02%
Ayala Corp. 0.06%
Bharat Electronics Limited 0.02%
China National Nuclear Power Co. Ltd. Class A 0.01%
China Shipbuilding Industry Company Limited Class A 0.01%
Embraer S.A. 0.02%
Embraer S.A. Sponsored Adr 0.01%
Hindustan Aeronautics Limited 0.01%
Kuang-Chi Technologies Co., Ltd. Class A 0.01%
Larsen & Toubro Ltd. 0.14%
Reunert Limited 0.01%
Tata Power Company Limited 0.03%
Wuhan Guide Infrared Co. Ltd. Class A 0.01%

Tobacco

British American Tobacco Malaysia Bhd. 0.01%
Eastern Company 0.01%
Habib Bank Limited 0.01%
Haci Omer Sabanci Holding A.S. 0.01%
Itc Limited 0.11%
Lt Group, Inc. 0.01%
Pt Gudang Garam Tbk 0.01%
Pt Hanjaya Mandala Sampoerna Tbk 0.01%
Reinet Investments S.C.A. 0.03%
Shanghai Industrial Holdings Limited 0.01%
Taiwan Familymart Co., Ltd. 0.01%

Gambling

Berjaya Sports Toto Bhd. 0.01%
Bloomberry Resorts Corporation 0.01%
Genting Bhd. 0.04%
Genting Malaysia Bhd. 0.02%
Genting Plantations Bhd. 0.01%
Greek Organisation Of Football Prognostics SA 0.03%
Magnum Berhad 0.01%

Alcohol

Alliance Global Group Inc. 0.01%
Ambev SA 0.14%
Anadolu Efes Biracilik Ve Malt Sanayii A.S. 0.01%
Anhui Gujing Distillery Co., Ltd. Class B 0.03%
Asia Cement Corporation 0.05%
Becle Sab De Cv 0.02%
Beijing Enterprises Holdings Limited 0.02%
Carlsberg Brewery Malaysia Bhd. 0.01%
China Resources Beer (Holdings) Co. Ltd. 0.15%
Chongqing Brewery Co.Ltd Class A 0.01%
Compania Cervecerias Unidas S.A. 0.02%
Distell Group Holdings Ltd. 0.01%
Heineken Malaysia Bhd. 0.01%
Jiangsu King'S Luck Brewery Joint-Stock Co., Ltd. Class A 0.01%
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. Class A 0.03%
Jiugui Liquor Co., Ltd. Class A 0.01%
Kweichow Moutai Co., Ltd. Class A 0.32%
Lt Group, Inc. 0.01%
Luzhou Laojiao Company Limited Class A 0.04%
Radico Khaitan Limited 0.01%
San Miguel Corp. 0.01%
San Miguel Food & Beverage, Inc. 0.01%
Shanghai Bairun Investment Holding Group Co. Ltd. Class A 0.01%
Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A 0.04%
Tsingtao Brewery Co., Ltd. Class A 0.02%
Tsingtao Brewery Co., Ltd. Class H 0.04%
United Breweries Limited 0.02%
United Spirits Limited 0.03%
Vina Concha Y Toro S.A. 0.01%
Wuliangye Yibin Co., Ltd. Class A 0.13%
Yantai Changyu Pioneer Wine Co., Ltd. Class B 0.01%

Palm Oil

Energy Absolute Public Co. Ltd.(Alien Mkt) 0.04%
Genting Bhd. 0.04%
Genting Malaysia Bhd. 0.02%
Genting Plantations Bhd. 0.01%
Godrej Industries Limited 0.01%
Hap Seng Consolidated Bhd. 0.02%
Ijm Corp. Bhd. 0.02%
Ioi Corp. Bhd. 0.04%
Kuala Lumpur Kepong Bhd. 0.03%
Malaysia Airports Holdings Bhd. 0.02%
Ppb Group Bhd. 0.04%
Pt Astra International Tbk 0.09%
Pt Indofood Cbp Sukses Makmur Tbk 0.02%
Pt Indofood Sukses Makmur Tbk 0.03%
Ql Resources Bhd. 0.02%
Sime Darby Bhd. 0.03%
Sime Darby Plantation Bhd. 0.05%
V.S. Industry Bhd. 0.01%

Human Rights & Environmental Violations

Adani Enterprises Limited 0.05%
Adani Ports & Special Economic Zone Ltd. 0.09%
Centrais Eletricas Brasileiras SA-Eletrobras 0.03%
Centrais Eletricas Brasileiras SA-Eletrobras Pfd B 0.02%
Evergreen Marine Corp. (Taiwan) Ltd. 0.05%
Formosa Chemicals & Fibre Corporation 0.13%
Formosa Petrochemical Corp 0.06%
Formosa Plastics Corporation 0.22%
Genting Bhd. 0.04%
Genting Malaysia Bhd. 0.02%
Grupo Mexico S.A.B. De C.V. Class B 0.21%
Ijm Corp. Bhd. 0.02%
Ioi Corp. Bhd. 0.04%
Jbs S.A. 0.06%
Mmc Norilsk Nickel PJSC 0.11%
Mmc Norilsk Nickel PJSC Adr 0.09%
Nestle (Malaysia) Bhd. 0.02%
Nestle India Ltd. 0.10%
Page Industries Limited 0.03%
Petrochina Company Limited Class H 0.09%
Petroleo Brasileiro SA 0.24%
Petroleo Brasileiro SA Pfd 0.16%
Petroleo Brasileiro SA Sponsored Adr Pfd 0.04%
Pt Astra International Tbk 0.09%
Top Glove Corporation Bhd. 0.07%
Vale S.A. 0.61%
Vale S.A. Sponsored Adr 0.11%
Vedanta Limited 0.06%
Zijin Mining Group Co., Ltd. Class A 0.02%
Zijin Mining Group Co., Ltd. Class H 0.09%
Zte Corporation Class H 0.03%

Animal Testing

Berger Paints India Limited 0.030%
Berli Jucker Public Co. Ltd.(Alien Mkt) 0.020%
Charoen Pokphand Foods Public Co. Ltd.(Alien Mkt) 0.040%
China Feihe Limited 0.090%
Colgate-Palmolive (India) Limited 0.030%
Deepak Nitrite Limited 0.020%
Eternal Materials Co., Ltd. 0.020%
Far Eastern New Century Corporation 0.050%
Formosa Chemicals & Fibre Corporation 0.130%
Formosa Plastics Corporation 0.220%
Guangdong Haid Group Co., Limited Class A 0.020%
Hengan International Group Co., Ltd. 0.060%
Hindustan Unilever Limited 0.370%
Kimberly-Clark De Mexico Sab De Cv Class A 0.020%
Nan Ya Plastics Corporation 0.200%
Navin Fluorine International Limited 0.020%
Nestle (Malaysia) Bhd. 0.020%
Nestle India Ltd. 0.100%
Orbia Advance Corp. Sab De Cv 0.040%
Petronas Chemicals Group Bhd. 0.070%
Phosagro PJSC Sponsored Gdr Regs 0.020%
Pi Industries Limited 0.030%
Ppb Group Bhd. 0.040%
Pt Unilever Indonesia Tbk 0.030%
Reliance Industries Limited 1.080%
Sahara International Petrochemical Company 0.030%
Sociedad Quimica Y Minera De Chile S.A. Sponsored Adr Pfd Class B 0.030%
Sociedad Quimica Y Minera De Chile SA Pfd Series B 0.050%
Supreme Industries Limited 0.020%
Taiwan Fertilizer Co., Ltd. 0.020%
Tata Chemicals Limited 0.020%
Tongwei Co. Ltd. Class A 0.020%
Wanhua Chemical Group Co. Ltd. Class A 0.040%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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.

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
2021 36.18% 33.63%
2020 -7.01% -8.5%
2019 9.82% -2.29%
2018 7.69% 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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    99.84%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.74%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.74%
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% 99.26%
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 Wed March 31st 2021.

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).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.25%
  • Animal Testing:
    3.38%
  • Fossil Fuels:
    6.29%
  • Gambling:
    0.13%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    3.09%
  • Palm Oil:
    0.54%
  • Tobacco:
    0.23%
  • Weapons:
    0.39%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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

Value $150M NZD
Period of data report Wed March 31st 2021
Fund started Wed July 29th 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

Key Personnel

Guy Roulston Elliffe

Currently: Director (5 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (5 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (1 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (3 years, 1 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (5 years, 4 months)
Previously: Investment Manager - Trust Management (6 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.