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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Grupo Mexico Sab De Cv-Ser B 0.20%
    • Mtn Group Ltd 0.12%
    • Formosa Chemicals & Fibre 0.10%
    • Li Ning Co Ltd 0.10%
    • Oil & Natural Gas Corp Ltd 0.10%
    • Page Industries Ltd 0.04%
    • Zte Corp-A 0.03%
    • Avichina Industry & Tech-H 0.02%
    • China Petroleum & Chemical-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Korea Line Corp 0.01%
    • Sinopec Kantons Holdings Ltd 0.01%
    • Posco 0.10%
    • Southern Copper Corp 0.09%
    • Evergreen Marine Corp Ltd 0.05%
    • Pi Industries Ltd 0.05%
    • Upl Ltd 0.05%
    • Harmony Gold Mining Co Ltd 0.04%
    • Ppb Group Bhd. 0.03%
    • Vedanta Ltd-Adr 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Atul Ltd. 0.02%
    • China Traditional Chinese Me 0.02%
    • Coromandel International Ltd. 0.02%
    • Indofood Cbp Sukses Makmur T 0.02%
    • Tata Chemicals Ltd. 0.02%
    • Astra Industrial Group 0.01%
    • Beijing Tongrentang Co-A 0.01%
    • China Northern Rare Earth -A 0.01%
    • Grand Pharmaceutical Group L 0.01%
    • Hektas Ticaret T.A.S 0.01%
    • Inner Mongolia Baotou Ste-A 0.01%
    • Marfrig Global Foods SA 0.01%
    • Metallurgical Corp Of Chin-H 0.01%
    • Power Construction Corporation Of China, Ltd. 0.01%
    • Sichuan Hebang Biotechnol- A 0.01%
    • Tong Ren Tang Technologies Co Ltd 0.01%
    • Yunnan Baiyao Group Co Ltd-A 0.01%
    • Reliance Industries Ltd 1.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hindustan Unilever Ltd 0.35%
    • Asian Paints Ltd 0.20%
    • Formosa Plastics Corp 0.14%
    • Nan Ya Plastics Corp 0.14%
    • Formosa Chemicals & Fibre 0.10%
    • Hindalco Industries Ltd 0.10%
    • Sasol Ltd 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sk Innovation Co Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petronas Chemicals Group Bhd 0.06%
    • Srf Ltd 0.06%
    • Pi Industries Ltd 0.05%
    • Sahara International Petroch 0.05%
    • Upl Ltd 0.05%
    • Amorepacific Corp-Pref 0.04%
    • Colgate Palmolive (India) 0.04%
    • Kimberly-Clark De Mexico-A 0.04%
    • Ptt Global Chemical PLC 0.04%
    • Supreme Industries Ltd 0.04%
    • Berger Paints India Ltd 0.03%
    • Hanwha Solutions Corp 0.03%
    • Hengan Intl Group Co Ltd 0.03%
    • Kumho Petrochemical Co Ltd 0.03%
    • Lg H&H 0.03%
    • Lotte Chemical Corp 0.03%
    • Orbia Advance Corp Sab 0.03%
    • Wanhua Chemical Group Co -A 0.03%
    • China Petrochemical Development Corp. 0.02%
    • China Petroleum & Chemical-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Coromandel International Ltd. 0.02%
    • Cosmax Inc 0.02%
    • Deepak Nitrite Ltd 0.02%
    • Eternal Materials Co., Ltd. 0.02%
    • F&F Co Ltd / New 0.02%
    • Godrej Industries Ltd. 0.02%
    • Gujarat Narmada Valley Fert 0.02%
    • Hansol Chemical Co Ltd 0.02%
    • Kansai Nerolac Paints Ltd. 0.02%
    • Navin Fluorine International 0.02%
    • Skc Co Ltd 0.02%
    • Taiwan Fertilizer Co Ltd 0.02%
    • Tata Chemicals Ltd. 0.02%
    • Unilever Indonesia Tbk Pt 0.02%
    • 3M India Ltd. 0.01%
    • Aeci Ltd 0.01%
    • Alkyl Amines Chemicals Ltd 0.01%
    • Astra Industrial Group 0.01%
    • Basf India Ltd. 0.01%
    • By-Health Co Ltd-A 0.01%
    • Chambal Fertilisers & Chem 0.01%
    • China Bluechemical Ltd - H 0.01%
    • China Man-Made Fiber Corp. 0.01%
    • D&L Industries, Inc. 0.01%
    • Dongyue Group 0.01%
    • E.I.D.-Parry (India) Ltd. 0.01%
    • Emami Ltd. 0.01%
    • Everlight Chemical Industrial Corp. 0.01%
    • Fine Organic Industries Ltd. 0.01%
    • Foosung Co Ltd 0.01%
    • Fufeng Group Ltd 0.01%
    • Grape King Bio Ltd 0.01%
    • Guangdong Haid Group Co-A 0.01%
    • Guangzhou Tinci Materials -A 0.01%
    • Gujarat Fluorochemicals Ltd 0.01%
    • Hektas Ticaret T.A.S 0.01%
    • Kolmar Korea Co Ltd 0.01%
    • Kolon Industries Inc 0.01%
    • Korea Petrochemical Ind Co., Ltd. 0.01%
    • Lb Group Co Ltd-A 0.01%
    • Lotte Fine Chemical Co Ltd 0.01%
    • Omnia Holdings Ltd 0.01%
    • Procter & Gamble Hygiene & Health Care Ltd. 0.01%
    • Shinsegae Inc 0.01%
    • Shiny Chemical Industrial Co., Ltd. 0.01%
    • Sichuan Hebang Biotechnol- A 0.01%
    • Sinofert Holdings Ltd. 0.01%
    • Sumitomo Chemical India Ltd 0.01%
    • Tci Co Ltd 0.01%
    • Tkg Huchems 0.01%
    • Toa Paint (Thailand) Public Co. Ltd. 0.01%
    • Tokai Carbon Co Ltd 0.01%
    • Upc Technology Corp. 0.01%
    • Usi Corp. 0.01%
    • Bharat Electronics Ltd 0.09%
    • Bharat Forge Ltd 0.05%
    • Hanwha Aerospace Co Ltd 0.05%
    • Ashok Leyland Ltd 0.04%
    • Embraer SA 0.04%
    • Hd Hyundai Heavy Industries 0.03%
    • Aselsan Elektronik Sanayi 0.02%
    • Avichina Industry & Tech-H 0.02%
    • Hyundai Rotem Company 0.02%
    • Csbc Corp. Taiwan 0.01%
    • Hanwha Systems Co Ltd 0.01%
    • Otokar Otomotiv Ve Savunma Sanayi As 0.01%
    • Wuhan Guide Infrared Co Lt-A 0.01%
    • Reliance Industries Ltd 1.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras 0.42% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Saudi Arabian Oil Co 0.33% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Grupo Mexico Sab De Cv-Ser B 0.20%
    • Citic Ltd 0.17%
    • Weg SA 0.16%
    • Tata Steel Ltd 0.15%
    • Orlen SA 0.12%
    • Samsung C&T Corp 0.11%
    • Oil & Natural Gas Corp Ltd 0.10%
    • Sasol Ltd 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Lg Corp 0.09%
    • Ptt Exploration & Prod-For 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sk Innovation Co Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Taiwan Cement 0.09%
    • Acwa Power Co 0.08%
    • Enn Energy Holdings Ltd 0.08%
    • Pegatron Corp 0.07%
    • Cosan SA 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Grupo Financiero Inbursa-O 0.06%
    • Gulf Energy Development-Nvdr 0.06%
    • Indian Oil Corp Ltd 0.06%
    • Kghm Polska Miedz SA 0.06%
    • Kunlun Energy Co Ltd 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mytilineos Holdings S.A. 0.06%
    • Saudi Electricity Co 0.06%
    • Bharat Petroleum Corp Ltd 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Gail India Ltd 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hmm Co Ltd 0.05%
    • Koc Holding As 0.05%
    • Mol Hungarian Oil & Gas 0.05%
    • Abu Dhabi National Oil Company (Adnoc) 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Aluminum Corp Of China Ltd-H 0.04%
    • Formosa Petrochemical Corp 0.04%
    • Jindal Steel & Power Ltd 0.04%
    • Petronas Gas Bhd 0.04%
    • Ptt Global Chemical PLC 0.04%
    • Shree Cement Ltd 0.04%
    • Cosco Shipping Energy Transportation Co., Ltd. 0.03%
    • Enel Americas SA 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Haci Omer Sabanci Holding 0.03%
    • Hd Hyundai 0.03%
    • Jindal Stainless Ltd 0.03%
    • Kumho Petrochemical Co Ltd 0.03%
    • Petronet Lng Ltd 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Qatar Electricity & Water Co 0.03%
    • Qatar Gas Transport(Nakilat) 0.03%
    • Qatar Navigation 0.03%
    • Tata Power Co Ltd 0.03%
    • Vedanta Ltd-Adr 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • 3R Petroleum Oleo E Gas SA 0.02%
    • Aes Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Beijing Enterprises Hldgs 0.02%
    • China General Nuclear Power Corp. 0.02%
    • China Petroleum & Chemical-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Gmr Airports Infrastructure 0.02%
    • Great Eastern Shipping Co 0.02%
    • Hd Hyundai Electric Co Ltd 0.02%
    • Lg Uplus Corp 0.02%
    • Misc Bhd 0.02%
    • National Industrialization C 0.02%
    • Petronas Dagangan Bhd 0.02%
    • Ptt Oil & Retail Busine-Nvdr 0.02%
    • The Ramco Cements Ltd. 0.02%
    • Yinson Holdings Bhd. 0.02%
    • Acc Ltd 0.01%
    • Aeci Ltd 0.01%
    • Aegis Logistics Ltd. 0.01%
    • Akr Corporindo Tbk Pt 0.01%
    • Aksa Akrilik Kimya Sanayii As 0.01%
    • Aneka Tambang Tbk 0.01%
    • Cgn New Energy Holdings Co., Ltd. 0.01%
    • China Energy Engineering Cor 0.01%
    • China Merchants Energy -A 0.01%
    • Cosco Shipping Developme-A 0.01%
    • Dana Gas 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Energa SA 0.01%
    • Hd Hyundai Infracore Co Ltd 0.01%
    • Hengyi Petrochemical Co -A 0.01%
    • Korea Line Corp 0.01%
    • National Gas & Industrializa 0.01%
    • Oil India Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Perusahaan Gas Negara Tbk Pt 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petroreconcavo SA 0.01%
    • Power Construction Corporation Of China, Ltd. 0.01%
    • Pt Transcoal Pacific 0.01%
    • Rabigh Refining and Petroche 0.01%
    • Rongsheng Petrochemical Co-A 0.01%
    • Shanghai Electric Grp Co L-A 0.01%
    • Sichuan Chuantou Energy Co-A 0.01%
    • Sincere Navigation Corp. 0.01%
    • Sinopec Kantons Holdings Ltd 0.01%
    • Sumitomo Chemical India Ltd 0.01%
    • Super Group Ltd. 0.01%
    • Taiwan Cogeneration Corp. 0.01%
    • U-Ming Marine Transport Corp 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 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

Invests in emerging markets shares and is designed to track the return (before tax, fees and other expenses) of the MSCI EM IMI ESG Screened Index.

Value $35.3M NZD
Period of data report 31st Dec. 2023
Fund started 6th June 2019
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.57%
Other management and administration charges 0.02%
Total other charges 0.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 3 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 1 months)
Previously: Investment Manager - Trust Management (5 years, 4 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% -3.01%
2022 3.53% -11.35%
2021 35.55% 36.98%

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

  • Ishares Msci Em Imi ESG Screened Ucits ETF
    Ireland International Equities
    99.97%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.58%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.001603%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 99.9984%
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.