Funds
Smartshares Emerging Markets Equities ESG ETF
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Reliance Industries Ltd 1.49%
- Petroleo Brasileiro Pref SA 0.46%
- Petroleo Brasileiro SA Petrobras 0.39%
- Saudi Arabian Oil 0.36%
- Adani Enterprises Ltd 0.19%
- China Petroleum and Chemical Corp 0.17%
- Sasol Ltd 0.14%
- Petrochina Ltd H 0.13%
- Sk Innovation Ltd 0.12%
- Hapvida Participacoes E Investimen 0.11%
- Ptt Exploration and Production Non 0.11%
- Samsung C&T Corp 0.11%
- Citic Ltd 0.09%
- Saudi Electricity 0.09%
- Sk Inc 0.09%
- Taiwan Cement Corp 0.09%
- Lg Corp 0.08%
- Petro Rio SA 0.08%
- Polski Koncern Naftowy Orlen SA 0.08%
- Gulf Energy Development Pcl Non-Vo 0.07%
- Cosan Industria E Comercio SA 0.06%
- Grupo Financiero Inbursa Sries O 0.06%
- Acwa Power Co 0.05%
- Bharat Petroleum Ltd 0.05%
- Citic Securities Company Ltd H 0.05%
- Formosa Petrochemical Corp 0.05%
- Gail India Ltd 0.05%
- Qatar Electricity and Water 0.05%
- Qatar Gas Transport Company Ltd 0.05%
- Ecopetrol SA 0.04%
- Enel Americas SA 0.04%
- Hd Hyundai Ltd 0.04%
- Indian Oil Corp Ltd 0.04%
- Kunlun Energy Ltd 0.04%
- Petronas Gas 0.04%
- S-Oil Corp 0.04%
- Turkiye Petrol Rafinerileri A 0.04%
- Acc Ltd 0.03%
- Citic Securities Ltd A 0.03%
- Hindustan Petroleum Corp Ltd 0.03%
- Mol Hungarian Oil and Gas 0.03%
- Motor Oil (Hellas) Corinth Refiner 0.03%
- Mytilineos SA 0.03%
- Petronet Lng Ltd 0.03%
- Polskie Gornictwo Naftowe I Gazown 0.03%
- Ptt Oil and Retail Business Pcl No 0.03%
- Qatar Navigation 0.03%
- Santos Brasil Participacoes SA 0.03%
- Akr Corporindo 0.02%
- China Petroleum & Chemical Corp A 0.02%
- Dana Gas 0.02%
- Hengli Petrochemical Ltd A 0.02%
- Lg Uplus Corp 0.02%
- Perusahaan Gas Negara 0.02%
- Petronas Dagangan 0.02%
- Public Power Corporation SA 0.02%
- Rabigh Refining and Petrochemical 0.02%
- Rongsheng Petro Chemical Ltd A 0.02%
- Yinson Holdings 0.02%
Weapons
- Walmart De Mexico V 0.34%
- Bharat Electronics Ltd 0.08%
- Ashok Leyland Ltd 0.05%
- Embraer SA 0.03%
- Hanwha Aerospace Ltd 0.03%
- Aselsan Elektronik Sanayi Ve Ticar 0.02%
- Avichina Industry & Technology Ltd 0.02%
- Hyundai Heavy Industries Ltd 0.02%
- Hyundai-Rotem 0.02%
- Avic Electromechanical Systems Ltd 0.01%
- Csbc Corp 0.01%
- Hanwha Systems Ltd 0.01%
- Otokar Otomotiv Savunma Sanayi 0.01%
Tobacco
- Reinet Investments S.C.A. 0.04%
- Eve Energy Ltd A 0.02%
- Sok Marketler Ticaret 0.01%
Gambling
- Greek Organisation Of Football Pro 0.04%
- Genting Malaysia 0.03%
- Kangwon Land Inc 0.02%
- Alliance Global Group Inc 0.01%
- Bloomberry Resorts Corp 0.01%
- Lotte Tour Development Ltd 0.01%
- Paradise Ltd 0.01%
Alcohol
- Kweichow Moutai Ltd A 0.24%
- Ambev SA 0.23%
- China Resources Beer Holdings Ltd 0.13%
- Tsingtao Brewery Ltd H 0.07%
- Wuliangye Yibin Ltd A 0.07%
- United Spirits Ltd 0.05%
- Shanxi Xinghuacun Fen Wine Factory 0.04%
- Jiangsu Yanghe Brewery Joint-Stock 0.03%
- Anhui Gujing Distillery Ltd B 0.02%
- Beijing Enterprises Holdings Ltd 0.02%
- Carlsberg Brewery Malaysia 0.02%
- Alliance Global Group Inc 0.01%
- Anadolu Efes Biracilik Ve Malt San 0.01%
- Anhui Gujing Distillery Ltd A 0.01%
- Anhui Kouzi Distillery Ltd A 0.01%
- Beijing Shunxin Agriculture Ltd A 0.01%
- Chongqing Brewery Ltd A 0.01%
- Heineken Malaysia 0.01%
- Hitejinro 0.01%
- Jiangsu Kings Luck Brewery Ltd A 0.01%
- Jiugui Liquor Ltd A 0.01%
- Radico Khaitan Ltd 0.01%
- Shanghai Bairun Investment Holding 0.01%
- Tsingtao Brewery Ltd A 0.01%
Palm Oil
- Ppb Group 0.04%
- Indofood Sukses Makmur 0.03%
- Kuala Lumpur Kepong 0.03%
- Ql Resources 0.03%
- Sime Darby Plantation 0.03%
- Astra Agro Lestari 0.01%
- Genting Plantations 0.01%
- Hap Seng Consolidated 0.01%
- Indofood Cbp Sukses Makmur 0.01%
- Pp London Sumatra Indonesia 0.01%
Human Rights & Environmental Violations
- Petroleo Brasileiro Pref SA 0.46%
- Petroleo Brasileiro SA Petrobras 0.39%
- Posco 0.23%
- Li Ning Ltd 0.21%
- Adani Enterprises Ltd 0.19%
- China Petroleum and Chemical Corp 0.17%
- Petrochina Ltd H 0.13%
- Formosa Chemicals & Fibre Corp 0.12%
- Evergreen Marine Corp (Taiwan) Ltd 0.07%
- Posco Chemical Ltd 0.07%
- Upl Ltd 0.07%
- Jbs SA 0.06%
- Southern Copper Corp 0.06%
- P.I. Industries Ltd 0.05%
- Page Industries Ltd 0.05%
- Atul Ltd 0.03%
- Coromandel International Ltd 0.03%
- Hektas Ticaret A 0.03%
- Hyundai Engineering & Construction 0.03%
- Kuala Lumpur Kepong 0.03%
- Tata Chemicals Ltd 0.03%
- Avichina Industry & Technology Ltd 0.02%
- China Petroleum & Chemical Corp A 0.02%
- China Traditional Chi Medicine Co 0.02%
- Zte Corp H 0.02%
- Astra Industrial Group 0.01%
- China Northern Rare Earth (Group) 0.01%
- Grand Pharmaceutical Group Ltd 0.01%
- Hubei Xingfa Chemicals Group Ltd A 0.01%
- Inner Mongolia Baotou Steel Union 0.01%
- Jiangsu Yangnong Chemical Ltd A 0.01%
- Korea Line Corp 0.01%
- Metallurgical Corp Of China Ltd A 0.01%
- Minerva SA 0.01%
- Petrochina Ltd A 0.01%
- Posco International Corp 0.01%
- Sichuan Hebang Biotechnology Ltd A 0.01%
- Timah 0.01%
- Tong Ren Tang Technologies Ltd H 0.01%
- Top Glove Corporation 0.01%
- Yunnan Baiyao Group Ltd A 0.01%
- Zte Corp A 0.01%
Animal Cruelty
- Reliance Industries Ltd 1.49%
- Ping An Insurance (Group) Co Of Ch 0.42%
- Hindustan Unilever Ltd 0.41%
- Asian Paints Ltd 0.23%
- Grupo Mexico B 0.18%
- China Petroleum and Chemical Corp 0.17%
- Formosa Plastics Corp 0.17%
- Nan Ya Plastics Corp 0.16%
- Nestle India Ltd 0.14%
- Sasol Ltd 0.14%
- Formosa Chemicals & Fibre Corp 0.12%
- Sk Innovation Ltd 0.12%
- Hindalco Industries Ltd 0.11%
- Grasim Industries Ltd 0.09%
- Almarai 0.07%
- Petronas Chemicals Group 0.07%
- Srf Ltd 0.07%
- Upl Ltd 0.07%
- Hanwha Solutions Corp 0.06%
- Jbs SA 0.06%
- Lg H & H Ltd 0.06%
- Marico Ltd 0.06%
- Sahara International Petrochemical 0.06%
- P.I. Industries Ltd 0.05%
- Ping An Insurance (Group) Of China 0.05%
- China Feihe Ltd 0.04%
- Deepak Nitrite Ltd 0.04%
- Hengan International Group Ltd 0.04%
- Kimberly-Clark De Mexico Class A 0.04%
- Nestle Malaysia 0.04%
- Ppb Group 0.04%
- Supreme Industries Ltd 0.04%
- Turkiye Sise Ve Cam Fabrikalari A 0.04%
- Unilever Indonesia 0.04%
- Amorepacific Corp 0.03%
- Berger Paints India Ltd 0.03%
- Cj Cheiljedang Corp 0.03%
- Colgate Palmolive India Ltd 0.03%
- Coromandel International Ltd 0.03%
- Hektas Ticaret A 0.03%
- Hindustan Petroleum Corp Ltd 0.03%
- Kuala Lumpur Kepong 0.03%
- Kumho Petro Chemical Ltd 0.03%
- Lotte Chemical Corp 0.03%
- Orbia Advance Corp SA De Cv 0.03%
- Saudi Industrial Investment Group 0.03%
- Tata Chemicals Ltd 0.03%
- Tongwei Ltd A 0.03%
- Ultrapar Participoes SA 0.03%
- Wanhua Chemical Group Ltd A 0.03%
- Alsea De Cv 0.02%
- Avi Ltd 0.02%
- Braskem Pref Series A SA 0.02%
- China Petrochemical Development Co 0.02%
- China Petroleum & Chemical Corp A 0.02%
- Cosmoam&T Ltd 0.02%
- Dongyue Group Ltd 0.02%
- Emami Ltd 0.02%
- Eternal Materials Ltd 0.02%
- Guangdong Haid Group Ltd A 0.02%
- Gujarat Fluorochemicals Ltd 0.02%
- Gujarat Narmada Valley Fertilizers 0.02%
- Hansol Chemical Ltd 0.02%
- Inner Mongolia Yili Industrial Gro 0.02%
- Navin Fluorine International Ltd 0.02%
- Ninestar Corp A 0.02%
- Shinsegae Inc 0.02%
- Skc Ltd 0.02%
- Taiwan Fertilizer Ltd 0.02%
- Turkiye Is Bankasi C 0.02%
- Win Semiconductors Corp 0.02%
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. 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.
About this fund
In their own words
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 | $35M NZD |
| Period of data report | 31st Dec. 2022 |
| 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 |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (7 years, 1 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (3 years, 7 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (4 years, 10 months) |
|
Alister John Williams |
Currently: Director (7 years, 1 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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 concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 1.05% | |
| Animal Cruelty | 6.42% | |
| Fossil Fuels | 5.99% | |
| Gambling | 0.13% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 2.76% | |
| Palm Oil | 0.21% | |
| Tobacco | 0.07% | |
| Weapons | 0.65% |
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. 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.
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 |
|---|---|---|
| 2022 | 3.19% | -11.35% |
| 2021 | 36.07% | 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. 2022.
Top 10 Investments
-
Ishares Msci Em Imi ESG Screened Ucits ETF
Ireland International Equities99.91% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-0.65%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.091908% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 100.0% | 0.0% |
| International Equities | 0.0% | 99.908092% |
| 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 31st Dec. 2022.