Not Mindful
Fund type: Aggressive fund
Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including management and administration fees, but not membership fee.
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.
Fossil Fuel
Valero Energy Corp 0.19%
Iberdrola SA 0.09%
Enbridge Inc 0.07%
Lyondellbasell Industries 0.05%
Phillips 66 Com Usd0.01 0.05%
Altagas Income Ltd 0.04%
Dt Midstream Inc Com Usd0.01 0.04%
Hf Sinclair Corpor Com Usd0.01 0.04%
Pbf Energy Inc Com 0.04%
Atmos Energy Corp 0.03%
Consolidated Edison Inc Com Usd0.10 0.03%
Enagas 0.03%
Loews Corp 0.03%
Neste Oyj 0.03%
Parkland Corp 0.03%
Power Assets Holdings Limited 0.03%
Cheniere Energy Inc 0.02%
Chesapeake Utilities Corporation 0.02%
Ck Asset Holdings Hk 0.02%
Constellation Energy Corp 0.02%
Hera Spa 0.02%
Kirby Corp 0.02%
Ugi Corp Com 0.02%
Cvr Energy Inc 0.01%
Enel Americas SA 0.01%
Enel Spa 0.01%
Gibson Energy Inc 0.01%
Itochu Enex Co Ltd 0.01%
Osaka Gas Co Ltd Jpy 0.01%
S-Oil Corporation 0.01%
Sk Innovation 0.01%
Snam Spa 0.01%
South Jersey Industries 0.01%
Spire Inc Com Usd1 0.01%
Taiwan Cement Corporation 0.01%
Tokyo Gas Co Ltd 0.01%
Weapons
Walmart Inc 0.58%
Amphenol Corp Cl A 0.06%
Caci International Inc - Class A 0.05%
Dick'S Sporting Goods Inc 0.05%
Teledyne Technologies Inc 0.05%
Wal Mart De Mexico 0.05%
Brookfield Asset Management 0.04%
Curtiss-Wright Corp 0.04%
Oshkosh Corporation 0.04%
Transdigm Group Inc 0.04%
Ati Inc 0.03%
Heico Corp Com Usd0.01 0.03%
Hexcel Corp 0.03%
Howmet Aerospace I Com USD 0.03%
Kawasaki Heavy Industries Ltd 0.03%
Rheinmetall AG 0.03%
Science Applications International Corp 0.03%
Heico Corp Com 0.02%
Woodward Inc 0.02%
Aar Corp 0.01%
Moog Inc - Class A 0.01%
Saab Ab-B 0.01%
Tobacco
Casey'S General Stores Inc 0.06%
Arko Corp 0.01%
Alcohol
Palm Oil
GMOs
Corteva Inc 0.07%
Human Rights & Environmental Violations
Meta Platforms Inc 1.05%
Johnson & Johnson Com US$1 0.71%
Thermo Fisher Scientific Inc 0.42%
Wells Fargo & Company 0.18%
Rio Tinto PLC Ord 10P Gbp 0.17%
Caterpillar Inc 0.15%
Activision Blizzard Inc 0.13%
Corteva Inc 0.07%
Rio Tinto Limited 0.07%
Fmc Corp 0.05%
Uber Technologies Inc 0.05%
Bank Leumi Le-Israel 0.04%
Barrick Gold Corp 0.04%
Li Ning Co Ltd 0.04%
Mattel Inc Com Usd1.00 0.04%
Motorola Solutions Inc 0.04%
Nutrien Ltd Com Npv 0.04%
Credit Suisse Group Chf3.00 0.03%
American Vanguard Cor 0.02%
Indivior PLC Ord Usd2 0.02%
Adeka Corporation 0.01%
Hyundai Engineering & Construction 0.01%
Nissan Chemical Corporation 0.01%
Animal Testing
Procter & Gamble Company 0.42%
Coca Cola Co USD 0.28%
Unilever PLC 0.22%
Pepsico Inc Cap US$0.01 2/3 0.21%
L'Oreal 0.15%
General Mills Inc 0.13%
Koninklijke Ahold Delhaize Nv 0.11%
Sherwin Williams Com Usd1 0.09%
3M Co 0.08%
Hermes International 0.08%
Kering 0.08%
Albermarle Corp 0.07%
Corteva Inc 0.07%
Estee Lauder Companies 0.07%
PPG Industries Inc 0.07%
Church & Dwight Co 0.06%
Dupont De Nemours Inc 0.06%
Ping An Insurance Group Of China Limited 0.06%
Tapestry Inc Com Usd0.01 0.06%
Fmc Corp 0.05%
Keurig Dr Pepper Inc 0.05%
Kraft Heinz Co Com Usd0.01 0.05%
Lyondellbasell Industries 0.05%
Mosaic Co Com 0.05%
Arkema 0.04%
Colgate Palmolive Usd1 0.04%
Coty Inc 0.04%
Daikin Industries 0.04%
Danone 0.04%
Kellogg Company 0.04%
Nutrien Ltd Com Npv 0.04%
Rpm International Inc 0.04%
Avantor Inc 0.03%
Bic 0.03%
Campbell Soup Co USD 0.03%
Capri Holdings Ltd Com Npv 0.03%
Chr Hansen Holding A S 0.03%
Covestro AG 0.03%
Dksh Holding AG 0.03%
Fuji Film Holdings Corp 0.03%
Graincorp Limited 0.03%
Hb Fuller Co 0.03%
Kao Corporation Jpy50 0.03%
Koninklijke Dsm Nv 0.03%
Meiji Holdings Co 0.03%
Ralph Lauren Corp Com 0.03%
Air Water Inc 0.02%
Akzo Nobel Nv Eur0.50 0.02%
American Vanguard Cor 0.02%
Avient Corporation Com Usd0.01 0.02%
Balchem Corp 0.02%
Beiersdorf AG 0.02%
Boot Barn Holdings Inc 0.02%
Burberry Group PLC 0.02%
Canon Inc 0.02%
Clariant AG Reg 0.02%
Clorox Co Del 0.02%
Dcc PLC 0.02%
Dow Inc 0.02%
Ezaki Glico Co Ltd 0.02%
Formosa Plastics Corporation 0.02%
George Weston Ltd 0.02%
Hanwha Solutions Corp 0.02%
Henkel AG & Co Kgaa Non Vtg Pref 0.02%
Huntsman Corporation 0.02%
Ingevity Corp 0.02%
Iwatani Corp 0.02%
Johnson Matthey PLC 0.02%
Kose Corp 0.02%
Lion Corporation 0.02%
Mitsui Chemicals Inc 0.02%
Moncler Spa 0.02%
Nan Ya Plastics Corp 0.02%
Novozymes A/S Ser`B`Dkk2 0.02%
Pvh Corp Com Usd1.00 0.02%
Seiko Epson Corporation 0.02%
Sensient Technologies Corp 0.02%
Symrise AG 0.02%
The Swatch Group AG-B Chf50 0.02%
Univar Solutions Inc 0.02%
Xerox Hldgs Corp Com Usd1.00 0.02%
Abercrombie Fitch Co Cl-A 0.01%
Adeka Corporation 0.01%
Celanese Corp Series A 0.01%
Fancl Corporation 0.01%
Hansol Chemical Co Ltd 0.01%
Hengan International Group Company Limit 0.01%
Kansai Paint Co Ltd 0.01%
Kikkoman Corporation Jpy 0.01%
Kureha Corporation Npv 0.01%
Lanxess 0.01%
Mitsubishi Chemical Group Corporation 0.01%
Nagase & Co Ltd 0.01%
Nippon Paint Holdings Co Ltd 0.01%
Nissan Chemical Corporation 0.01%
Rentokil Initial PLC 0.01%
Sk Innovation 0.01%
Umicore Npv 0.01%
Victrex PLC 0.01%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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.
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 |
|---|---|---|
| 2022 | 3.19% | 2.4% |
| 2021 | 36.07% | 32.17% |
| 2020 | -7.33% | -4.61% |
| 2019 | 10.16% | 3.35% |
| 2018 | 7.53% | 8.44% |
| 2017 | 9.49% | 13.26% |
| 2016 | 4.71% | 1.77% |
| 2015 | 14.67% | 17.74% |
| 2014 | 10.13% | 12.1% |
| 2013 | 13.93% | 6.03% |
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 Fri Sept. 30th 2022.
Showing the top 10 investments for this fund:
-
Apple Inc
United States International Equities3.83% -
BNZ Call Account
New Zealand Cash and Equivalents AA-2.53% -
Microsoft Corp Usd0.00005
United States International Equities1.75% -
Meta Platforms Inc
United States International Equities1.05% -
Amazon Com Inc
United States International Equities1.04% -
Alphabet Inc Cap Stk Usd0.001 Cl A
United States International Equities0.89% -
Unitedhealth Group Inc Com Stk Us0.01
United States International Equities0.88% -
Alphabet Inc Cap Usd0.001 Cl C
United States International Equities0.85% -
Jp Morgan Chase & Co
United States International Equities0.71% -
Johnson & Johnson Com US$1
United States International Equities0.71%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Sept. 30th 2022.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 3.0% | 2.53% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 97.0% | 97.47% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 2022.
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).
Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.01%
-
Animal Testing:4.53%
-
Fossil Fuels:1.19%
-
Gambling:0.00%
-
GMOs:0.07%
-
Human Rights & Environmental Violations:3.44%
-
Palm Oil:0.01%
-
Tobacco:0.07%
-
Weapons:1.38%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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.
Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.
In their own words
"The Global Equities Fund is single asset class fund that provides a consistent exposure to the global shares asset class."
| Value | $21M NZD |
| Period of data report | Fri Sept. 30th 2022 |
| Fund started | Thu May 19th 2011 |
| Total annual fund fees | 1.1% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.1% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Elaine West |
Currently: Financial Controller at Britannia Financial Services Ltd (5 years, 2 months) |
|
Alun Rees-Williams |
Currently: General Manager Distribution and Director at Britannia Financial Services Ltd (21 years, 11 months) |
|
Gavin Dixon |
Currently: Chief Executive Officer and Director at Britannia Financial Services Ltd (6 years, 9 months) |
|
Gregg Dell |
Currently: General Manager of Wealth Products and General Counsel at Britannia Financial Services Ltd (6 years, 7 months) |
|
Michael Pipe |
Currently: General Manager - Operations at Britannia Financial Services Ltd (2 years, 5 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 2022.
Downloads
Download the fund's disclosure statement and portfolio holdings.
