Funds
Smartshares Global 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
- Valero Energy Corp 0.23%
- Sempra 0.19%
- National Grid PLC 0.17%
- Williams Inc 0.16%
- Cheniere Energy Inc 0.15%
- Kinder Morgan Inc 0.15%
- Itochu Corp 0.14%
- Consolidated Edison Inc 0.13%
- Oneok Inc 0.11%
- Neste 0.08%
- Pembina Pipeline Corp 0.08%
- Atmos Energy Corp 0.07%
- Fortis Inc 0.07%
- Marubeni Corp 0.06%
- Eneos Holdings Inc 0.05%
- Loews Corp 0.05%
- Nippon Steel Corp 0.05%
- Eqt 0.04%
- Hong Kong and China Gas Ltd 0.04%
- Snam 0.04%
- Keppel Ltd 0.03%
- Nippon Yusen 0.03%
- Osaka Gas Ltd 0.03%
- Tokyo Gas Ltd 0.03%
- Ugi Corp 0.03%
- Cheung Kong Infrastructure Holding 0.02%
- Delta Air Lines Inc 0.02%
- Keyera Corp 0.02%
- Northland Power Inc 0.02%
Weapons
- Mtu Aero Engines Holding AG 0.04%
- Canadian Tire Ltd Class A 0.03%
- Jfe Holdings Inc 0.02%
- Singapore Technologies Engineering 0.01%
Human Rights & Environmental Violations
- Thermo Fisher Scientific Inc 0.85%
- Caterpillar Inc 0.49%
- Activision Blizzard Inc 0.23%
- Motorola Solutions Inc 0.17%
- Nutrien Ltd 0.17%
- Bank Leumi Le Israel 0.07%
Animal Cruelty
- Procter & Gamble 1.35%
- Coca-Cola 0.99%
- Pepsico Inc 0.97%
- Loreal SA 0.34%
- Lair Liquide Societe Anonyme Pour 0.29%
- Sherwin Williams 0.24%
- Hermes International 0.19%
- General Mills Inc 0.18%
- Kimberly Clark Corp 0.17%
- Nutrien Ltd 0.17%
- Daikin Industries Ltd 0.16%
- Ecolab Inc 0.16%
- Danone SA 0.13%
- Givaudan SA 0.13%
- Koninklijke Ahold Delhaize Nv 0.12%
- PPG Industries Inc 0.12%
- Keurig Dr Pepper Inc 0.11%
- International Flavors & Fragrances 0.10%
- Koninkilijke Dsm Nv 0.09%
- Mosaic 0.08%
- Shiseido Ltd 0.08%
- Church and Dwight Inc 0.07%
- Clorox 0.07%
- Fujifilm Holdings Corp 0.07%
- Kao Corp 0.07%
- Kellogg 0.07%
- Sgs SA 0.07%
- Essity Class B 0.06%
- Kerry Group PLC 0.06%
- Rentokil Initial PLC 0.06%
- Symrise AG 0.06%
- Ajinomoto Inc 0.05%
- Akzo Nobel Nv 0.05%
- Avantor Inc 0.05%
- Hormel Foods Corp 0.05%
- Unicharm Corp 0.05%
- Beiersdorf AG 0.04%
- Burberry Group PLC 0.04%
- Campbell Soup 0.04%
- Croda International PLC 0.04%
- Henkel & Kgaa Pref AG 0.04%
- Moncler 0.04%
- Novozymes B 0.04%
- Solvay SA 0.04%
- Associated British Foods PLC 0.03%
- Chr Hansen Holding 0.03%
- Dcc PLC 0.03%
- Kikkoman Corp 0.03%
- Mitsubishi Chemical Group Corp 0.03%
- Mowi 0.03%
- Nippon Paint Holdings Ltd 0.03%
- Orkla 0.03%
- The Swatch Group AG 0.03%
- Evonik Industries AG 0.02%
- Henkel AG 0.02%
- Intertek Group PLC 0.02%
- Johnson Matthey PLC 0.02%
- Meiji Holdings Ltd 0.02%
- Mitsui Chemicals Inc 0.02%
- Ricoh Ltd 0.02%
- Seiko Epson Corp 0.02%
- Umicore SA 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 international shares and is designed to track the return (before tax, fees and other expenses) of the MSCI World ex Australia Custom ESG Leaders Index.
| Value | $140M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 6th June 2019 |
| Total annual fund fees | 0.54% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.51% |
| Other management and administration charges | 0.03% |
| 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 | 0.00% | |
| Animal Cruelty | 7.88% | |
| Fossil Fuels | 2.31% | |
| Gambling | 0.00% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 1.98% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.10% |
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% | 10.21% |
| 2021 | 36.07% | 29.81% |
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 Core Msci World Ex Australia ESG Leaders ETF
Australia International Equities99.91% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-0.94%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.088339% |
| 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% | 99.911661% |
| 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.