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

    • Rio Tinto Ltd 3.23%
    • BHP Group Ltd 17.18% !!
      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
    • Newcrest Mining Ltd 1.68%
    • BHP Group Ltd 17.18% !!
      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
    • Woodside Energy Group Ltd 5.31% !!
      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
    • Rio Tinto Ltd 3.23%
    • Santos Ltd 1.97% !!
      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
    • South32 Ltd 1.18%

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 Australian shares and is designed to track the return (before tax, fees and other expenses) of the S&P/ASX 20 Index.

Value $170M NZD
Period of data report 30th Sept. 2023
Fund started 7th Nov. 2016
Total annual fund fees 0.6%
Total performance based fees 0.0%
Manager's basic fee 0.58%
Other management and administration charges 0.02%
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% -0.9%
2022 3.53% 12.5%
2021 35.55% 41.53%
2020 -7.06% -14.71%
2019 10.17% 9.31%
2018 7.53% -6.31%

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

  • BHP Group Ltd
    Australia Australasian Equities
    17.18%
  • Commonwealth Bank Of Australia
    Australia Australasian Equities
    12.84%
  • CSL Ltd
    Australia Australasian Equities
    9.27%
  • National Australia Bank Ltd
    Australia Australasian Equities
    6.99%
  • ANZ Group Holdings Ltd
    Australia Australasian Equities
    5.91%
  • Westpac Banking Corp
    Australia Australasian Equities
    5.69%
  • Woodside Energy Group Ltd
    Australia Australasian Equities
    5.31%
  • Macquarie Group Ltd
    Australia Australasian Equities
    4.62%
  • Wesfarmers Ltd
    Australia Australasian Equities
    4.6%
  • Woolworths Group Ltd
    Australia Australasian Equities
    3.49%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.486876%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 99.513124%
International Equities 0.0% 0.0%
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.