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


  • 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 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

The fund focuses on growth of your investment over the long term by investing in quality Australian companies which can consistently produce increasing earnings

Value $232M NZD
Period of data report 31st Dec. 2023
Fund started 1st March 2007
Total annual fund fees 1.13%
Total performance based fees 0.0%
Manager's basic fee 1.02%
Other management and administration charges 0.11%
Total other charges 0.0
Total other charges currency NZD

Ashley Gardyne

Currently: Chief Investment Officer (2 years, 6 months)
Previously: Senior Portfolio Manager, International Equities, Fisher Funds Management Limited (5 years, 5 months)

David Mcleish

Currently: Senior Portfolio Manager, Fixed Interest (12 years, 9 months)
Previously: Executive Director, Goldman Sachs International, London (3 years, 0 months)

Robbie Urquhart

Currently: Senior Portfolio Manager, Australian Equities (5 years, 7 months)
Previously: Portfolio Manager / Principal, Trafalgar Copley Limited (11 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 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% -0.58%
2022 3.53% 6.43%
2021 35.55% 51.4%
2020 -7.06% -6.77%
2019 10.17% 9.59%
2018 7.53% 7.56%
2017 9.49% 5.71%
2016 4.71% 6.26%
2015 14.67% 12.27%
2014 10.13% -6.02%

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. 2023.

Top 10 Investments

  • CSL Limited
    Australia Australasian Equities
  • Wisetech Global Limited
    Australia Australasian Equities
  • Seek Limited
    Australia Australasian Equities
  • Car Group Limited
    Australia Australasian Equities
  • Resmed Inc
    Australia Australasian Equities
  • Commonwealth Bank Ord
    Australia Australasian Equities
  • Macquarie Group Limited
    Australia Australasian Equities
  • Credit Corp Group Limited
    Australia Australasian Equities
  • Aub Group Limited
    Australia Australasian Equities
  • Jpmorgan AUD Fishers - Current Accounts
    Australia Cash and Equivalents
Type Target Actual
Cash and Cash Equivalents 0.0% 6.59%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 93.41%
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 31st Dec. 2023.