Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed conservative funds is 3.17%.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Produces electricity from plants and distributes gas. Is expanding its portfolio of renewable assets (wind & solar farms + hydro) and options to reduce emissions from Huntly (Battery technology and biomass use). However, in 2023 35% of revenue came from fossil fuel generation - Huntley Power Station (Coal & Gas) and sales of gas from the Kupe field.
The Fund aims to deliver positive absolute returns in all market environments. In addition to holding long-only New Zealand and Australian securities, the Fund may, at our discretion short sell securities, hold cash, lever its assets and utilise active currency management to generate returns (although generally will be fully hedged). The investment objective is to outperform the Reserve Bank of New Zealand Official Cash Rate +5% p.A. On a rolling three year basis.
| Value | $113M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 30th June 2014 |
| Total annual fund fees | 3.21% |
| Total performance based fees | 1.51% |
| Manager's basic fee | 1.54% |
| Other management and administration charges | 0.16% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Matthew Goodson |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Harrison |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Turnbull |
Currently: Chief Investment Officer (5 years, 10 months)
|
|
Greg Fleming |
Currently: Head of Global Diversified Funds (4 years, 0 months)
|
|
Bevan Graham |
Currently: Economist (4 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.79% | 20.61% |
| 2024 | 5.86% | 13.34% |
| 2023 | -1.56% | 2.2% |
| 2022 | -0.50% | 19.04% |
| 2021 | 8.70% | 40.75% |
| 2020 | -0.05% | -7.16% |
| 2019 | 4.31% | -9.93% |
| 2018 | 3.39% | 7.08% |
| 2017 | 3.28% | 7.64% |
| 2016 | 2.92% | 17.07% |
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 March 2025.
Macquarie Collateral Account - NZD
New Zealand Cash and Equivalents
Cash At Bank
New Zealand Cash and Equivalents
Tower Ltd
New Zealand Australasian Equities
Gdi Property Group
Australia Australasian Equities
Monash Ivf Group
Australia Australasian Equities
Turners Automotive Group Ltd
New Zealand Australasian Equities
Servcorp Ltd
Australia Australasian Equities
Genesis Energy Ltd
New Zealand Australasian Equities
Dug Technology Ltd
Australia Australasian Equities
Iph Limited
Australia Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 70.0% | 49.01% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 30.0% | 50.99% |
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 2025 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.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Produces electricity from plants and distributes gas. Is expanding its portfolio of renewable assets (wind & solar farms + hydro) and options to reduce emissions from Huntly (Battery technology and biomass use). However, in 2023 35% of revenue came from fossil fuel generation - Huntley Power Station (Coal & Gas) and sales of gas from the Kupe field.
The Fund aims to deliver positive absolute returns in all market environments. In addition to holding long-only New Zealand and Australian securities, the Fund may, at our discretion short sell securities, hold cash, lever its assets and utilise active currency management to generate returns (although generally will be fully hedged). The investment objective is to outperform the Reserve Bank of New Zealand Official Cash Rate +5% p.A. On a rolling three year basis.
| Value | $113M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 30th June 2014 |
| Total annual fund fees | 3.21% |
| Total performance based fees | 1.51% |
| Manager's basic fee | 1.54% |
| Other management and administration charges | 0.16% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Matthew Goodson |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Harrison |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Turnbull |
Currently: Chief Investment Officer (5 years, 10 months)
|
|
Greg Fleming |
Currently: Head of Global Diversified Funds (4 years, 0 months)
|
|
Bevan Graham |
Currently: Economist (4 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.79% | 20.61% |
| 2024 | 5.86% | 13.34% |
| 2023 | -1.56% | 2.2% |
| 2022 | -0.50% | 19.04% |
| 2021 | 8.70% | 40.75% |
| 2020 | -0.05% | -7.16% |
| 2019 | 4.31% | -9.93% |
| 2018 | 3.39% | 7.08% |
| 2017 | 3.28% | 7.64% |
| 2016 | 2.92% | 17.07% |
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 March 2025.
Macquarie Collateral Account - NZD
New Zealand Cash and Equivalents
Cash At Bank
New Zealand Cash and Equivalents
Tower Ltd
New Zealand Australasian Equities
Gdi Property Group
Australia Australasian Equities
Monash Ivf Group
Australia Australasian Equities
Turners Automotive Group Ltd
New Zealand Australasian Equities
Servcorp Ltd
Australia Australasian Equities
Genesis Energy Ltd
New Zealand Australasian Equities
Dug Technology Ltd
Australia Australasian Equities
Iph Limited
Australia Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 70.0% | 49.01% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 30.0% | 50.99% |
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
