Funds
Integral Master Trust Diversified 40 Fund
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.
We are unable to provide full information on what this fund is investing in as the fund provider has not disclosed the full portfolio holdings
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
Human Rights Violations
-
Johnson & Johnson 0.04%
Public Safety
Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
JOHNSON & JOHNSON Public Safety
Johnson & Johnson is the world's largest and most diverse healthcare firm. The company has been involved in repeated incidents related to the quality and safety of several of its products across all three of the company’s business segments — drugs, devices, and consumer products. Several products have been associated with allegations of severe or even fatal adverse impacts on patients.
-
Johnson & Johnson 0.04%
Animal Cruelty
-
Procter & Gamble Co/The 0.10%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Procter & Gamble Co/The 0.10%
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 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
In their own words
The Diversified 40 Fund is a diversified fund providing a consistent exposure to the cash, fixed interest and shares asset classes using both qualitative and quantitative investment techniques, and with a slight bias towards defensive assets.
| Value | $21M NZD |
| Period of data report | 30th June 2023 |
| Fund started | 25th May 2011 |
| Total annual fund fees | 0.97% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.97% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Elaine West |
Currently: Chief Financial Officer at Britannia Financial Services Ltd (5 years, 11 months) |
|
Alun Rees-Williams |
Currently: General Manager Distribution and Director at Britannia Financial Services Ltd (22 years, 8 months) |
|
Gavin Dixon |
Currently: Chief Executive Officer and Director at Britannia Financial Services Ltd (7 years, 6 months) |
|
Gregg Dell |
Currently: General Manager of Wealth Products and General Counsel at Britannia Financial Services Ltd (7 years, 4 months) |
|
Michael Pipe |
Currently: General Manager - Operations at Britannia Financial Services Ltd (3 years, 2 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 | -2.59% | 0.98% |
| 2022 | 1.06% | -1.12% |
| 2021 | 18.16% | 14.35% |
| 2020 | -1.83% | -2.6% |
| 2019 | 4.49% | 3.2% |
| 2018 | 4.41% | 3.07% |
| 2017 | 5.71% | 6.77% |
| 2016 | 3.06% | 2.17% |
| 2015 | 8.56% | 8.33% |
| 2014 | 6.13% | 3.76% |
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 2023.
Top 10 Investments
-
Insignia Financial Wholesale SRI International Core Equities Fund
Australia International Equities44.53% -
Dimensional Five-Year Diversified Fixed Interest Trust NZD Class
Australia Int Fixed Interest41.14% -
Harbour Enhanced Cash Fund
New Zealand Cash and Equivalents11.38% -
BNZ Cash At Bank
New Zealand Cash and Equivalents AA-2.95%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 15.0% | 14.33% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 45.0% | 41.14% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 40.0% | 44.53% |
| 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.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2023.