Smartshares Europe Equities Esg ETF

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Type: Aggressive fund
Past Returns: *23.15%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.55%

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

Arcelormittal SA 0.22%
Bollore 0.04%
Enagas SA 0.02%
Engie SA 0.29%
Eni 0.31%
Eqt 0.08%
Equinor 0.21%
Evraz 0.04%
Galp Energia Sgps SA 0.07%
Glencore PLC 0.44%
Koninklijke Vopak Nv 0.04%
Lundin Energy 0.06%
Neste 0.27%
OMV AG 0.08%
Repsol SA 0.20%
Snam 0.12%
Total 1.18%

Weapons

Exor Nv 0.09%
Rolls-Royce Holdings PLC 0.12%

Gambling

Flutter Entertainment PLC 0.28%
La Francaise Des Jeux SA 0.05%

Alcohol

Anheuser Busch Inbev SA 0.56%
Carlsberg As Cl B 0.19%
Davide Campari Milano Nv 0.07%
Diageo PLC 1.10%
Heineken Holding Nv 0.12%
Heineken Nv 0.31%
LVMH 2.09%
Pernod Ricard SA 0.44%
Remy Cointreau SA 0.05%

Human Rights & Environmental Violations

Glencore PLC 0.44%
Nestle SA 3.47%
Rio Tinto PLC 0.95%

Animal Testing

Akzo Nobel Nv 0.240%
Arkema SA 0.090%
Associated British Foods PLC 0.120%
Basf N 0.760%
Beiersdorf AG 0.120%
Burberry Group PLC 0.120%
Chr Hansen Holding 0.100%
Clariant AG 0.040%
Covestro AG 0.120%
Croda International PLC 0.130%
Danone SA 0.440%
Ems-Chemie Holding AG 0.080%
Etablissementen Franz Colruyt Nv 0.030%
Evonik Industries AG 0.070%
Givaudan SA 0.400%
Glaxosmithkline PLC 0.960%
Henkel & Kgaa Pref AG 0.210%
Henkel AG 0.110%
Hermes International 0.410%
Jeronimo Martins SA 0.050%
Johnson Matthey PLC 0.090%
Kerry Group PLC 0.210%
Koninkilijke Dsm Nv 0.310%
LVMH 2.090%
Lair Liquide Societe Anonyme Pour 0.800%
Lanxess AG 0.060%
Loreal SA 1.070%
Nestle SA 3.470%
Orkla 0.070%
Puma 0.110%
Reckitt Benckiser Group PLC 0.640%
Sainsbury(J) PLC 0.060%
Solvay SA 0.100%
Svenska Cellulosa B 0.100%
Symrise AG 0.160%
Umicore SA 0.120%
Unilever PLC 1.590%
Yara International 0.090%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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.

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
2021 36.18% 23.15%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Ishares Msci Europe Esg Screened Ucits ETF
    Ireland International Equities
    99.84%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.88%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.87%
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% 99.13%
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 Wed March 31st 2021.

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).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    4.92%
  • Animal Testing:
    15.72%
  • Fossil Fuels:
    3.66%
  • Gambling:
    0.33%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    4.86%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.21%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed March 31st 2021 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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

"Invests in European shares and is designed to track the return (before tax fees and other expenses) on the MSCI Europe ESG Screened Index."

Value $35M NZD
Period of data report Wed March 31st 2021
Fund started Thu June 6th 2019
Total annual fund fees 0.55%
Total performance based fees 0.0%
Manager's basic fee 0.54%
Other management and administration charges 0.01%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

Currently: Director (5 years, 4 months)
Previously: Corporate Governance Manager - ACC (current position) (5 years, 11 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (1 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

Currently: Chief Executive Officer - Smartshares (3 years, 1 months)
Previously: Chief Operating Officer - Implemented Investment Solutions Ltd (2 years, 6 months)

Alister John Williams

Currently: Director (5 years, 4 months)
Previously: Investment Manager - Trust Management (6 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.