Funds
Smartshares Total World 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
- Exxon Mobil Corp. 0.62%
- Chevron Corp. 0.48%
- Shell PLC 0.31%
- Nextera Energy Inc. 0.26%
- Conocophillips 0.22%
- BHP Group Ltd. 0.21%
- Totalenergies Se 0.19%
- Reliance Industries Ltd. 0.17%
- BP PLC 0.15%
- Enbridge Inc. 0.13%
- Duke Energy Corp. 0.12%
- Glencore PLC 0.12%
- Southern Co. 0.12%
- Eog Resources Inc. 0.11%
- Dominion Energy Inc. 0.10%
- Canadian Natural Resources Ltd. 0.09%
- Iberdrola SA 0.09%
- Occidental Petroleum Corp. 0.09%
- Pioneer Natural Resources Co. 0.09%
- American Electric Power Co. Inc. 0.08%
- Marathon Petroleum Corp. 0.08%
- Petroleo Brasileiro SA 0.08%
- Sempra Energy 0.08%
- Cheniere Energy Inc. 0.07%
- Devon Energy Corp. 0.07%
- Phillips 66 0.07%
- Suncor Energy Inc. 0.07%
- Tc Energy Corp. 0.07%
- Vale SA 0.07%
- Valero Energy Corp. 0.07%
- Woodside Energy Group Ltd. 0.07%
- Anglo American PLC 0.06%
- Kinder Morgan Inc. 0.06%
- Mitsui & Co. Ltd. 0.06%
- National Grid PLC 0.06%
- Williams Cos. Inc. 0.06%
- Xcel Energy Inc. 0.06%
- Consolidated Edison Inc. 0.05%
- Constellation Energy Corp. 0.05%
- Enel Spa 0.05%
- Equinor Asa 0.05%
- Hess Corp. 0.05%
- Itochu Corp. 0.05%
- Mitsubishi Corp. 0.05%
- Public Service Enterprise Group Inc. 0.05%
- Saudi Arabian Oil Co. 0.05%
- Wec Energy Group Inc. 0.05%
- Ameren Corp. 0.04%
- Diamondback Energy Inc. 0.04%
- Dte Energy Co. 0.04%
- Eni Spa 0.04%
- Franco-Nevada Corp. 0.04%
- Oneok Inc. 0.04%
- Rwe AG 0.04%
- Aes Corp. 0.03%
- Cenovus Energy Inc. 0.03%
- Ck Hutchison Holdings Ltd. 0.03%
- Cms Energy Corp. 0.03%
- Coterra Energy Inc. 0.03%
- Entergy Corp. 0.03%
- Eqt Corp. 0.03%
- Fortis Inc./Canada 0.03%
- Lyondellbasell Industries Nv 0.03%
- Marathon Oil Corp. 0.03%
- Neste Oyj 0.03%
- Pembina Pipeline Corp. 0.03%
- Pg&E Corp. 0.03%
- Ppl Corp. 0.03%
- Adani Enterprises Ltd. 0.02%
- Adani Transmission Ltd. 0.02%
- Alliant Energy Corp. 0.02%
- Antero Resources Corp. 0.02%
- Apa Corp. 0.02%
- Arcelormittal SA 0.02%
- Atmos Energy Corp. 0.02%
- Chesapeake Energy Corp. 0.02%
- China Petroleum & Chemical Corp. 0.02%
- China Shenhua Energy Co. Ltd. 0.02%
- Ck Asset Holdings Ltd. 0.02%
- Clp Holdings Ltd. 0.02%
- Edp - Energias De Portugal SA 0.02%
- Emera Inc. 0.02%
- Eneos Holdings Inc. 0.02%
- Engie SA 0.02%
- Evergy Inc. 0.02%
- Hong Kong & China Gas Co. Ltd. 0.02%
- Inpex Corp. 0.02%
- Jardine Matheson Holdings Ltd. 0.02%
- Loews Corp. 0.02%
- Marubeni Corp. 0.02%
- Nippon Steel Corp. 0.02%
- Nisource Inc. 0.02%
- Nrg Energy Inc. 0.02%
- Petrochina Co. Ltd. 0.02%
- Posco Holdings Inc. 0.02%
- Repsol SA 0.02%
- Santos Ltd. 0.02%
- Snam Spa 0.02%
- South32 Ltd. 0.02%
- Sumitomo Corp. 0.02%
- Targa Resources Corp. 0.02%
- Texas Pacific Land Corp. 0.02%
- Tourmaline Oil Corp. 0.02%
Weapons
- Walmart Inc. 0.32%
- Raytheon Technologies Corp. 0.21%
- Honeywell International Inc. 0.19%
- Lockheed Martin Corp. 0.16%
- Northrop Grumman Corp. 0.12%
- Boeing Co. 0.11%
- Brookfield Asset Management Inc. 0.09%
- General Dynamics Corp. 0.09%
- Airbus Se 0.08%
- Amphenol Corp. 0.07%
- L3Harris Technologies Inc. 0.07%
- Bae Systems PLC 0.05%
- Safran SA 0.05%
- Transdigm Group Inc. 0.05%
- Larsen & Toubro Ltd. 0.03%
- Teledyne Technologies Inc. 0.03%
- Wal-Mart De Mexico Sab De Cv 0.03%
- Booz Allen Hamilton Holding Corp. 0.02%
- Heico Corp. 0.02%
- Howmet Aerospace Inc. 0.02%
- Leidos Holdings Inc. 0.02%
- Textron Inc. 0.02%
- Thales SA 0.02%
- Axon Enterprise Inc. 0.01%
- Caci International Inc. 0.01%
- Canadian Tire Corp. Ltd. 0.01%
- Huntington Ingalls Industries Inc. 0.01%
- Icl Group Ltd. 0.01%
- Kbr Inc. 0.01%
- Mtu Aero Engines AG 0.01%
- Rbc Bearings Inc. 0.01%
- Rheinmetall AG 0.01%
- Rolls-Royce Holdings PLC 0.01%
Tobacco
- Philip Morris International Inc. 0.22%
- British American Tobacco PLC 0.14%
- Altria Group Inc. 0.12%
- Alimentation Couche-Tard Inc. 0.05%
- Imperial Brands PLC 0.03%
- Japan Tobacco Inc. 0.03%
- Itc Ltd. 0.02%
- Swedish Match Ab 0.02%
- Casey'S General Stores Inc. 0.01%
- Kt&G Corp. 0.01%
- Performance Food Group Co. 0.01%
Gambling
- Vici Properties Inc. 0.05%
- Flutter Entertainment PLC 0.03%
- Aristocrat Leisure Ltd. 0.02%
- Evolution Ab 0.02%
- Galaxy Entertainment Group Ltd. 0.02%
- Gaming and Leisure Properties Inc. 0.02%
- Las Vegas Sands Corp. 0.02%
- Mgm Resorts International 0.02%
- Caesars Entertainment Inc. 0.01%
- Churchill Downs Inc. 0.01%
- Entain PLC 0.01%
- Lottery Corp. Ltd. 0.01%
- Sands China Ltd. 0.01%
- Wynn Resorts Ltd. 0.01%
Adult Entertainment/Pornography
- Mgm Resorts International 0.02%
- Caesars Entertainment Inc. 0.01%
Alcohol
- Diageo PLC 0.16%
- Anheuser-Busch Inbev SA/Nv 0.07%
- Constellation Brands Inc. 0.06%
- Pernod Ricard SA 0.06%
- Heineken Nv 0.04%
- Kweichow Moutai Co. Ltd. 0.04%
- Asahi Group Holdings Ltd. 0.03%
- Ambev SA 0.02%
- Brown-Forman Corp. 0.02%
- Carlsberg As 0.02%
- China Resources Beer Holdings Co. Ltd. 0.02%
- Kirin Holdings Co. Ltd. 0.02%
- Heineken Holding Nv 0.01%
- Molson Coors Beverage Co. 0.01%
- Wuliangye Yibin Co. Ltd. 0.01%
GMOs
- Corteva Inc. 0.07%
Human Rights & Environmental Violations
- Johnson & Johnson 0.73%
- Meta Platforms Inc. 0.53%
- Nestle SA 0.49%
- Chevron Corp. 0.48%
- Thermo Fisher Scientific Inc. 0.34%
- Shell PLC 0.31%
- Wells Fargo & Co. 0.26%
- BHP Group Ltd. 0.21%
- Raytheon Technologies Corp. 0.21%
- Lockheed Martin Corp. 0.16%
- Caterpillar Inc. 0.15%
- Duke Energy Corp. 0.12%
- Glencore PLC 0.12%
- Activision Blizzard Inc. 0.10%
- Rio Tinto PLC 0.10%
- Uber Technologies Inc. 0.09%
- Archer-Daniels-Midland Co. 0.08%
- Bayer AG 0.08%
- Nutrien Ltd. 0.08%
- Petroleo Brasileiro SA 0.08%
- Corteva Inc. 0.07%
- Freeport-Mcmoran Inc. 0.07%
- Vale SA 0.07%
- Basf Se 0.06%
- Motorola Solutions Inc. 0.06%
- Barrick Gold Corp. 0.05%
- Rio Tinto Ltd. 0.04%
- Li Ning Co. Ltd. 0.03%
- Pg&E Corp. 0.03%
- Adani Enterprises Ltd. 0.02%
- Bank Hapoalim Bm 0.02%
- Bank Leumi Le-Israel Bm 0.02%
- Centrais Eletricas Brasileiras SA 0.02%
- China Petroleum & Chemical Corp. 0.02%
- Credit Suisse Group AG 0.02%
- Fmc Corp. 0.02%
- Petrochina Co. Ltd. 0.02%
Animal Cruelty
- Exxon Mobil Corp. 0.62%
- Procter & Gamble Co. 0.51%
- Nestle SA 0.49%
- Chevron Corp. 0.48%
- Pepsico Inc. 0.38%
- Coca-Cola Co. 0.37%
- Shell PLC 0.31%
- LVMH Moet Hennessy Louis Vuitton Se 0.25%
- Philip Morris International Inc. 0.22%
- Honeywell International Inc. 0.19%
- Unilever PLC 0.19%
- Reliance Industries Ltd. 0.17%
- British American Tobacco PLC 0.14%
- L'Oreal SA 0.13%
- Mondelez International Inc. 0.13%
- Altria Group Inc. 0.12%
- 3M Co. 0.11%
- Colgate-Palmolive Co. 0.10%
- Air Liquide SA 0.09%
- Archer-Daniels-Midland Co. 0.08%
- Bayer AG 0.08%
- Cie Financiere Richemont SA 0.08%
- Estee Lauder Cos. Inc. 0.08%
- General Mills Inc. 0.08%
- Nutrien Ltd. 0.08%
- Sherwin-Williams Co. 0.08%
- Corteva Inc. 0.07%
- Daikin Industries Ltd. 0.07%
- Basf Se 0.06%
- Constellation Brands Inc. 0.06%
- Ecolab Inc. 0.06%
- Hermes International 0.06%
- Kimberly-Clark Corp. 0.06%
- Albemarle Corp. 0.05%
- Danone SA 0.05%
- Dow Inc. 0.05%
- Givaudan SA 0.05%
- Hindustan Unilever Ltd. 0.05%
- Kering SA 0.05%
- Keurig Dr Pepper Inc. 0.05%
- Mitsubishi Corp. 0.05%
- Canon Inc. 0.04%
- Dupont De Nemours Inc. 0.04%
- Eni Spa 0.04%
- International Flavors & Fragrances Inc. 0.04%
- Koninklijke Ahold Delhaize Nv 0.04%
- Kraft Heinz Co. 0.04%
- PPG Industries Inc. 0.04%
- Ping An Insurance Group Co. Of China Ltd. 0.04%
- Asahi Group Holdings Ltd. 0.03%
- Asian Paints Ltd. 0.03%
- Church & Dwight Co. Inc. 0.03%
- Clorox Co. 0.03%
- Denso Corp. 0.03%
- Fujifilm Holdings Corp. 0.03%
- Imperial Brands PLC 0.03%
- Kao Corp. 0.03%
- Kellogg Co. 0.03%
- Koninklijke Dsm Nv 0.03%
- Lyondellbasell Industries Nv 0.03%
- Mosaic Co. 0.03%
- Tesco PLC 0.03%
- Tyson Foods Inc. 0.03%
- Ajinomoto Co. Inc. 0.02%
- Akzo Nobel Nv 0.02%
- Avantor Inc. 0.02%
- Beiersdorf AG 0.02%
- Campbell Soup Co. 0.02%
- Celanese Corp. 0.02%
- China Petroleum & Chemical Corp. 0.02%
- Croda International PLC 0.02%
- Darling Ingredients Inc. 0.02%
- Entegris Inc. 0.02%
- Essity Ab 0.02%
- Fmc Corp. 0.02%
- Formosa Plastics Corp. 0.02%
- Grupo Mexico Sab De Cv 0.02%
- Henkel AG & Co. Kgaa 0.02%
- Hormel Foods Corp. 0.02%
- Itc Ltd. 0.02%
- Kerry Group PLC 0.02%
- Kikkoman Corp. 0.02%
- Nan Ya Plastics Corp. 0.02%
- Novozymes A/S 0.02%
- Otsuka Holdings Co. Ltd. 0.02%
- Reliance Steel & Aluminum Co. 0.02%
- Rentokil Initial PLC 0.02%
- Rpm International Inc. 0.02%
- Sgs SA 0.02%
- Shiseido Co. Ltd. 0.02%
- Symrise AG 0.02%
- Unicharm Corp. 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 international shares and is designed to track the return (before tax, fees and other expenses) of the FTSE Global All Cap Index.
| Value | $250M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 29th July 2015 |
| Total annual fund fees | 0.4% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.38% |
| Other management and administration charges | 0.02% |
| 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 | 0.03% | |
| Alcohol | 0.59% | |
| Animal Cruelty | 7.95% | |
| Fossil Fuels | 7.09% | |
| Gambling | 0.26% | |
| GMOs | 0.07% | |
| Human Rights & Environmental Violations | 5.46% | |
| Palm Oil | 0.01% | |
| Tobacco | 0.66% | |
| Weapons | 1.97% |
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% | 6.04% |
| 2021 | 36.07% | 31.64% |
| 2020 | -7.33% | -0.68% |
| 2019 | 10.16% | 7.03% |
| 2018 | 7.53% | 8.75% |
| 2017 | 9.49% | 12.48% |
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 Total World Stock ETF
United States International Equities99.84% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-0.96%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.161245% |
| 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% | 99.838755% |
| 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.