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.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2024 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 New Zealand property and is designed to track the return (before tax, fees and other expenses) of the S&P/NZX Real Estate Select Index.

Value $108M NZD
Period of data report 30th June 2024
Fund started 12th Nov. 2015
Total annual fund fees 0.54%
Total performance based fees 0.0%
Manager's basic fee 0.53%
Other management and administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 9 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 7 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 June 2024.

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
2024 14.61% 2.66%
2023 -4.85% -15.95%
2022 3.53% 0.08%
2021 35.55% 27.12%
2020 -7.06% -3.67%
2019 10.17% 23.9%
2018 7.53% 6.67%
2017 9.49% -1.9%

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 June 2024.

Top 10 Investments

  • Precinct Properties Group
    New Zealand Australasian Equities
    17.47%
  • Kiwi Property Group Ltd
    New Zealand Australasian Equities
    16.75%
  • Goodman Property Trust
    New Zealand Listed Property
    16.34%
  • Property For Industry Ltd
    New Zealand Listed Property
    13.69%
  • Vital Healthcare Property Trust
    New Zealand Listed Property
    11.18%
  • Argosy Property Ltd
    New Zealand Australasian Equities
    10.96%
  • Stride Property Group
    New Zealand Listed Property
    8.43%
  • Investore Property Ltd
    New Zealand Listed Property
    3.95%
  • NZD Cash Account (ANZ Bank)
    New Zealand Cash and Equivalents AA-
    0.2%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.22%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 100.0% 98.78%
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 June 2024.