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 aggressive funds is 12.02%.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Genesis produces electricity from plants and distributes gas. They are expanding their portfolio of renewable assets (wind, solar farms and hydro) and options to reduce emissions from Huntly (battery technology and biomass use). However, in 2025 their total GHG emissions increased compared to FY24, driven by a 33% rise in Scope 3 emissions - primarily from the Huntly Power Station (Coal & Gas).
The Income 99 Fund is suited to investors who seek potentially higher income-driven returns on average over long-term periods (ten years plus), whilst allowing for short to medium term ups and downs. We aim to achieve this by investing predominantly in relatively high dividend-paying growth assets, predominantly listed or issued in New Zealand. The Fund is intended as a higher risk fund, designed to complement a broader portfolio.
| Value | $1.24M NZD |
| Period of data report | 31st March 2026 |
| Fund started | 19th Sept. 2016 |
| Total annual fund fees | 1.04% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.0% |
| Other management and administration charges | 0.04% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Nic Craven |
Currently: Investment Committee Member (0 years, 10 months)
|
|
Aaron Usher |
Currently: Senior Manager – Investment Strategy (0 years, 3 months)
|
|
Simon O'Grady |
Currently: Chief Investment Officer (0 years, 6 months)
|
|
Steffan Berridge |
Currently: Senior Manager - Global Investments (0 years, 2 months)
|
|
Diana Gordon |
Currently: Senior Portfolio Manager – Fixed Interest (0 years, 4 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.
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 |
|---|---|---|
| 2026 | 10.96% | 18.17% |
| 2025 | 4.27% | -8.16% |
| 2024 | 15.02% | 2.37% |
| 2023 | -4.85% | -8.46% |
| 2022 | 3.53% | 5.67% |
| 2021 | 35.55% | 41.75% |
| 2020 | -7.06% | -18.39% |
| 2019 | 10.17% | 18.1% |
| 2018 | 7.53% | 3.77% |
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 2026.
Contact Energy Limited
New Zealand Australasian Equities
Mercury NZ Limited
New Zealand Australasian Equities
Chorus Limited
New Zealand Australasian Equities
Spark New Zealand Limited
New Zealand Australasian Equities
Precinct Properties New Zealand Limited
New Zealand Listed Property
Channel Infrastructure NZ Limited
New Zealand Australasian Equities
Freightways Group Limited
New Zealand Australasian Equities
Genesis Energy Limited
New Zealand Australasian Equities
Argosy Property Limited
New Zealand Listed Property
Heartland Group Holdings Limited
New Zealand Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.0% | 1.92% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 99.0% | 84.54% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 13.54% |
| 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 2026.
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 2026 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.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Genesis produces electricity from plants and distributes gas. They are expanding their portfolio of renewable assets (wind, solar farms and hydro) and options to reduce emissions from Huntly (battery technology and biomass use). However, in 2025 their total GHG emissions increased compared to FY24, driven by a 33% rise in Scope 3 emissions - primarily from the Huntly Power Station (Coal & Gas).
The Income 99 Fund is suited to investors who seek potentially higher income-driven returns on average over long-term periods (ten years plus), whilst allowing for short to medium term ups and downs. We aim to achieve this by investing predominantly in relatively high dividend-paying growth assets, predominantly listed or issued in New Zealand. The Fund is intended as a higher risk fund, designed to complement a broader portfolio.
| Value | $1.24M NZD |
| Period of data report | 31st March 2026 |
| Fund started | 19th Sept. 2016 |
| Total annual fund fees | 1.04% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.0% |
| Other management and administration charges | 0.04% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Nic Craven |
Currently: Investment Committee Member (0 years, 10 months)
|
|
Aaron Usher |
Currently: Senior Manager – Investment Strategy (0 years, 3 months)
|
|
Simon O'Grady |
Currently: Chief Investment Officer (0 years, 6 months)
|
|
Steffan Berridge |
Currently: Senior Manager - Global Investments (0 years, 2 months)
|
|
Diana Gordon |
Currently: Senior Portfolio Manager – Fixed Interest (0 years, 4 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.
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 |
|---|---|---|
| 2026 | 10.96% | 18.17% |
| 2025 | 4.27% | -8.16% |
| 2024 | 15.02% | 2.37% |
| 2023 | -4.85% | -8.46% |
| 2022 | 3.53% | 5.67% |
| 2021 | 35.55% | 41.75% |
| 2020 | -7.06% | -18.39% |
| 2019 | 10.17% | 18.1% |
| 2018 | 7.53% | 3.77% |
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 2026.
Contact Energy Limited
New Zealand Australasian Equities
Mercury NZ Limited
New Zealand Australasian Equities
Chorus Limited
New Zealand Australasian Equities
Spark New Zealand Limited
New Zealand Australasian Equities
Precinct Properties New Zealand Limited
New Zealand Listed Property
Channel Infrastructure NZ Limited
New Zealand Australasian Equities
Freightways Group Limited
New Zealand Australasian Equities
Genesis Energy Limited
New Zealand Australasian Equities
Argosy Property Limited
New Zealand Listed Property
Heartland Group Holdings Limited
New Zealand Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.0% | 1.92% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 99.0% | 84.54% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 13.54% |
| 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 2026.
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 2026 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.
