Smartshares Global Aggregate Bond ETF

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Not Mindful
Type: Defensive fund
Past Returns: No 3 year data yet

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

Annual Fees: 0.3%

Annual fees, including any membership and % management 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

Abu Dhabi National Energy Co PJSC Mtn Regs 0.03%
Aker BP Asa 144A 0.01%
American Electric Power Company In 0.01%
Anglo American Capital PLC 144A 0.02%
Anglo American Capital PLC Mtn Regs 0.01%
Apt Pipelines Ltd 144A 0.01%
Apt Pipelines Ltd Mtn Regs 0.01%
Bharat Petroleum Corp Ltd Mtn Regs 0.01%
BHP Billiton Finance (Usa) Ltd 144A 0.01%
BHP Billiton Finance Ltd Mtn Regs 0.01%
BHP Billiton Finance Ltd Regs 0.01%
Black Hills Corporation 0.01%
BP Capital Markets America Inc. 0.05%
BP Capital Markets PLC 0.01%
BP Capital Markets PLC Mtn Regs 0.03%
BP Capital Markets PLC Regs 0.01%
Canadian Natural Resources Ltd 0.02%
Cargill Inc 144A 0.01%
Cez As Mtn Regs 0.01%
Chevron Corp 0.03%
Cnooc Finance 2015 Usa Llc 0.02%
Cnooc Nexen Finance 2014 Ulc 0.01%
Concho Resources Inc 0.01%
Conocophillips 0.01%
Conocophillips Co 0.01%
Dte Energy Company 0.01%
Ecopetrol SA 0.02%
Enagas Financiaciones Sau Mtn Regs 0.01%
Enbridge Energy Partners Lp 0.01%
Enbridge Gas Inc Mtn 0.01%
Enbridge Inc 0.02%
Enbridge Inc Mtn 0.01%
Energy Transfer Operating Lp 0.03%
Energy Transfer Partners Lp 0.02%
Engie SA Mtn Regs 0.03%
Engie SA Regs 0.01%
Eni Spa 144A 0.01%
Eni Spa Mtn Regs 0.04%
Eog Resources Inc 0.01%
Equinor Asa 0.02%
Equinor Asa Mtn Regs 0.02%
Exxon Mobil Corp 0.08%
Firstenergy Corporation 0.01%
Gdf Suez Mtn Regs 0.01%
Glencore Finance (Europe) Ltd Mtn Regs 0.01%
Glencore Funding Llc 144A 0.02%
Hess Corporation 0.02%
Husky Energy Inc. 0.01%
Kinder Morgan Energy Partners Lp 0.04%
Kinder Morgan Inc 0.04%
Korea Gas Corp Mtn Regs 0.01%
Korea Gas Corporation Mtn Regs 0.01%
Lyb International Finance Ii Bv 0.01%
Lyb International Finance Iii Llc 0.01%
Lyondellbasell Industries Nv 0.01%
Marathon Petroleum Corp 0.02%
Mplx Lp 0.03%
Newfield Exploration Co 0.01%
Nextera Energy Capital Holdings In 0.03%
Noble Energy Inc 0.01%
Ntpc Ltd Mtn Regs 0.01%
OMV AG Mtn Regs 0.02%
Oneok Inc 0.02%
Ongc Videsh Ltd Regs 0.01%
Pacificorp 0.03%
Phillips 66 0.02%
Phillips 66 Partners Lp 0.01%
Pttep Treasury Center Co Ltd Mtn Regs 0.01%
Reliance Industries Ltd Regs 0.01%
Shell International Finance Bv 0.08%
Shell International Finance Bv Mtn Regs 0.03%
Sinopec Group Overseas Development Regs 0.08%
Snam Spa Mtn Regs 0.01%
Suez SA Mtn Regs 0.03%
Sunoco Logistics Partners Operatio 0.02%
Thaioil Treasury Center Co Ltd Mtn Regs 0.01%
Total Capital International SA 0.02%
Total Capital International SA Mtn Regs 0.03%
Total Capital SA 0.01%
Total SA Mtn Regs 0.01%
Transportadora De Gas Internaciona Regs 0.01%
Valero Energy Corporation 0.01%
Wec Energy Group Inc 0.01%
Williams Companies Inc 0.01%
Xcel Energy Inc 0.01%

Weapons

Airbus Group Se 144A 0.01%
Airbus Se Mtn Regs 0.01%
Boeing Co 0.08%
Fluor Corporation 0.01%
General Dynamics Corporation 0.02%
Honeywell International Inc 0.02%
Lockheed Martin Corp 0.02%
Lockheed Martin Corporation 0.01%
Northrop Grumman Corp 0.04%
Precision Castparts Corp 0.01%
Raytheon Technologies Corporation 0.06%
Raytheon Technologies Corporation 144A 0.01%
Textron Inc 0.01%
Thales SA Mtn Regs 0.01%

Tobacco

Altria Group Inc 0.05%
Bat Capital Corp 0.05%
Bat International Finance PLC 144A 0.01%
Bat International Finance PLC Mtn Regs 0.02%
Imperial Brands Finance PLC 144A 0.01%
Imperial Brands Finance PLC Regs 0.01%
Philip Morris International Inc 0.07%
Reynolds American Inc 0.01%

Gambling

Las Vegas Sands Corp 0.01%
Sands China Ltd 0.02%

Alcohol

Altria Group Inc 0.05%
Anheuser Busch Inbev Nv Mtn Regs 0.04%
Anheuser-Busch Companies Llc 0.03%
Anheuser-Busch Inbev Finance Inc 0.02%
Anheuser-Busch Inbev Nv Mtn Regs 0.01%
Anheuser-Busch Inbev Worldwide Inc 0.07%
Anheuser-Busch Inbev Worldwide Inc Mtn 0.02%
Asahi Group Holdings Ltd Regs 0.01%
Bacardi Ltd 144A 0.01%
Carlsberg Breweries A/S Mtn Regs 0.01%
Constellation Brands Inc 0.04%
Diageo Capital PLC 0.01%
Diageo Finance PLC Mtn Regs 0.01%
Diageo Finance PLC Regs 0.01%
Heineken Nv Mtn Regs 0.03%
LVMH Moet Hennessy Louis Vuitton S Mtn Regs 0.03%
LVMH Moet Hennessy Louis Vuitton S Regs 0.01%
Molson Coors Brewing Co 0.01%
Pernod-Ricard SA Regs 0.01%

Palm Oil

Cargill Inc 144A 0.01%
Posco Regs 0.01%

GMOs

Human Rights & Environmental Violations

Archer Daniels Midland Co 0.02%
BHP Billiton Finance (Usa) Ltd 144A 0.01%
BHP Billiton Finance Ltd Mtn Regs 0.01%
BHP Billiton Finance Ltd Regs 0.01%
Cargill Inc 144A 0.01%
Chevron Corp 0.03%
Duke Energy Corp 0.02%
Glencore Finance (Europe) Ltd Mtn Regs 0.01%
Glencore Funding Llc 144A 0.02%
Johnson & Johnson 0.04%
Mmc Finance Dac Regs 0.01%
Nestle Holdings Inc. 144A 0.03%
Nestle Holdings Inc. Mtn Regs 0.01%
Nutrien Ltd 0.02%
Posco Regs 0.01%
Rio Tinto Finance (Usa) Ltd 0.01%
Sempra Energy 0.01%
Shell International Finance Bv 0.08%
Shell International Finance Bv Mtn Regs 0.03%
Southern Peru Copper Corp 0.01%
Vale Overseas Ltd 0.01%

Animal Testing

Air Liquide Finance SA 144A 0.010%
Air Liquide Finance SA Mtn Regs 0.010%
Air Products and Chemicals Inc 0.010%
Altria Group Inc 0.050%
Archer Daniels Midland Co 0.020%
Argentum Netherlands Bv For Zurich Mtn Regs 0.010%
Argentum Netherlands(Swiss Re Ltd) Regs 0.010%
Basf Se Mtn Regs 0.010%
Bat International Finance PLC 144A 0.010%
Bat International Finance PLC Mtn Regs 0.020%
Bayer AG Nc8 Regs 0.010%
Bayer AG Regs 0.010%
Bayer US Finance Ii Llc 144A 0.030%
Bayer US Finance Llc 144A 0.010%
Cargill Inc 144A 0.010%
Chevron Corp 0.030%
Coca-Cola Co 0.050%
Coca-Cola Co Regs 0.010%
Coca-Cola Company (The) 0.010%
Coca-Cola European Partners PLC Regs 0.010%
Coca-Cola Femsa Sab De Cv 0.010%
Coca-Cola Hbc Finance Bv Mtn Regs 0.010%
Danone SA 144A 0.010%
Danone SA Mtn Regs 0.020%
Dowdupont Inc 0.010%
Ecolab Inc 0.020%
Fmc Corporation 0.010%
General Mills Inc 0.020%
Givaudan Finance Europe Bv Regs 0.010%
Glaxosmithkline Capital Inc 0.040%
Glaxosmithkline Capital PLC Mtn Regs 0.020%
Henkel AG & Co Kgaa Regs 0.020%
Honeywell International Inc 0.020%
Imperial Brands Finance PLC 144A 0.010%
Imperial Brands Finance PLC Regs 0.010%
Johnson & Johnson 0.040%
Kimberly-Clark Corp 0.010%
LVMH Moet Hennessy Louis Vuitton S Mtn Regs 0.030%
LVMH Moet Hennessy Louis Vuitton S Regs 0.010%
Nestle Holdings Inc. 144A 0.030%
Nestle Holdings Inc. Mtn Regs 0.010%
Pepsico Inc 0.060%
Philip Morris International Inc 0.070%
PPG Industries Inc 0.010%
Praxair Inc 0.010%
Procter & Gamble Co 0.020%
Procter & Gamble Company 0.020%
Reckitt Benckiser Treasury Service 144A 0.020%
Shell International Finance Bv 0.080%
Shell International Finance Bv Mtn Regs 0.030%
Solvay SA Regs 0.010%
Syngenta Finance Nv 144A 0.010%
Syngenta Finance Nv Mtn Regs 0.010%
Tesco Corporate Treasury Services Mtn Regs 0.020%
Unilever Capital Corp 0.020%
Unilever Nv Mtn Regs 0.020%
Unilever PLC Regs 0.010%
Walgreens Boots Alliance Inc 0.050%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Ishares Core Global Aggregate Bond Ucits ETF
    Ireland Int Fixed Interest
    100.0%
  • Westpac Current Account
    New Zealand Cash and Equivalents AA-
    0.39%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.39%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 99.61%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
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 Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a 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:
    0.43%
  • Animal Testing:
    1.18%
  • Fossil Fuels:
    1.57%
  • Gambling:
    0.03%
  • GMOs:
    0.16%
  • Human Rights & Environmental Violations:
    0.41%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.23%
  • Weapons:
    0.32%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"The Smartshares Global Aggregate Bond ETF invests in the iShares Core Global Aggregate Bond UCITS ETF NZD Hedged (acc) which is designed to track the return on the Bloomberg Barclays Global Aggregate Index hedged to the New Zealand dollar."

Value $35M NZD
Period of data report Tue June 30th 2020
Members 127
Fund started Thu June 6th 2019
Total annual fund fees 0.3%
Total performance based fees 0.0%
Manager's basic fee 0.15%
Administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Guy Roulston Elliffe

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

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (0 years, 10 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Hugh Duncan Stevens

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

Alister John Williams

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

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.