Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed balanced funds is 8.32%.
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. Thermo Fisher DNA testing kits have been linked to surveillance and discriminatory purposes by the legal authorities in Xinjiang (a region of China) for monitoring and tracking the Muslim Uyghur ethnic group and other minorities. Evidence shows Thermo Fisher Scientific continues to supply DNA sequencing products to the Xinjiang region, despite the company announcing it would halt sales to the region in 2019.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Iberdrola is a Spanish energy company, and one of the largest utilities in the world with electric utility operations in nearly 40 countries. Evidence shows that energy generated from oil and gas accounts for 15% of the company’s revenues. However, the company currently generates 80% of their electricity from renewable sources and have committed to achieving net-zero emissions by 2040. The company reports a total investment of EUR €150 billion is planned for this decade to enable its energy transition. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Verbund is an Austrian electricity and natural gas company that generates 96% of its electricity from renewable sources. The company generates electricity through hydro-electric, solar, nuclear, natural gas and wind power generators, and also operates a coal power plant. The company ceased coal generation in 2020, however the Austrian government required the company to reopen the plant due to Austria facing energy shortages. Verbund also intends to improve the sustainability of its natural gas supply by converting to green hydrogen, which it plans to power from its sizeable hydroelectric capacity. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
EnBW Energie is a German energy company that is transitioning to renewables with a goal of becoming carbon neutral by 2035. Evidence shows that energy generated from thermal coal accounts for 15% of the company’s revenues. However, the company is significantly investing in wind, solar, and hydro projects, and renewable energy accounts for 40.1% of the company’s energy generation portfolio. The company also plans to phase out its coal-fired plants by 2028, which is 10 years ahead of the legal deadline required in Germany. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
To invest in a portfolio of investments that make a positive impact on society or the environment while seeking to provide moderate to high long-term returns allowing for large movements of value up and down. The number of years with negative returns are generally expected to be similar to the Growth Fund in the ASB Investment Funds. The impact objective is to achieve measurable positive outcomes in line with the UN Sustainable Development Goals. The Positive Impact Fund invests in income and growth assets with a target investment mix of 42% income assets and 58% growth assets.
| Value | $2.8M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 25th July 2019 |
| Total annual fund fees | 1.23% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.15% |
| Other management and administration charges | 0.08% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Frank Jasper |
Currently: Investment Committee member (2 years, 5 months)
|
|
Jax Mitchell |
Currently: Investment Committee member (2 years, 2 months)
|
|
Stephen Moir |
Currently: Investment Committee Chairman (1 years, 7 months)
|
|
Jonathan Oram |
Currently: Investment Committee member (0 years, 8 months)
|
|
Justine Sefton |
Currently: Investment Committee member (2 years, 5 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 9.61% | 7.05% |
| 2023 | -2.59% | -10.03% |
| 2022 | 1.06% | 0.89% |
| 2021 | 18.16% | 24.08% |
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. 2024.
Ishares Green Bond Index Fund Ie Class Flexible NZD Hedged
Ireland Int Fixed Interest
Blackrock Global Impact Fund Class X NZD Hedged
Ireland International Equities
Blackrock Global Impact Fund Class X NZD
Ireland International Equities
ASB Bank Account NZD
New Zealand Cash and Equivalents A-1+
NZD BNP Paribas A/C
New Zealand Cash and Equivalents AA-
USD BNP Paribas A/C
United States Cash and Equivalents A-1
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.5% | 0.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 36.5% | 45.48% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 58.0% | 54.52% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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. 2024 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.
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. Thermo Fisher DNA testing kits have been linked to surveillance and discriminatory purposes by the legal authorities in Xinjiang (a region of China) for monitoring and tracking the Muslim Uyghur ethnic group and other minorities. Evidence shows Thermo Fisher Scientific continues to supply DNA sequencing products to the Xinjiang region, despite the company announcing it would halt sales to the region in 2019.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Iberdrola is a Spanish energy company, and one of the largest utilities in the world with electric utility operations in nearly 40 countries. Evidence shows that energy generated from oil and gas accounts for 15% of the company’s revenues. However, the company currently generates 80% of their electricity from renewable sources and have committed to achieving net-zero emissions by 2040. The company reports a total investment of EUR €150 billion is planned for this decade to enable its energy transition. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Verbund is an Austrian electricity and natural gas company that generates 96% of its electricity from renewable sources. The company generates electricity through hydro-electric, solar, nuclear, natural gas and wind power generators, and also operates a coal power plant. The company ceased coal generation in 2020, however the Austrian government required the company to reopen the plant due to Austria facing energy shortages. Verbund also intends to improve the sustainability of its natural gas supply by converting to green hydrogen, which it plans to power from its sizeable hydroelectric capacity. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
EnBW Energie is a German energy company that is transitioning to renewables with a goal of becoming carbon neutral by 2035. Evidence shows that energy generated from thermal coal accounts for 15% of the company’s revenues. However, the company is significantly investing in wind, solar, and hydro projects, and renewable energy accounts for 40.1% of the company’s energy generation portfolio. The company also plans to phase out its coal-fired plants by 2028, which is 10 years ahead of the legal deadline required in Germany. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
To invest in a portfolio of investments that make a positive impact on society or the environment while seeking to provide moderate to high long-term returns allowing for large movements of value up and down. The number of years with negative returns are generally expected to be similar to the Growth Fund in the ASB Investment Funds. The impact objective is to achieve measurable positive outcomes in line with the UN Sustainable Development Goals. The Positive Impact Fund invests in income and growth assets with a target investment mix of 42% income assets and 58% growth assets.
| Value | $2.8M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 25th July 2019 |
| Total annual fund fees | 1.23% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.15% |
| Other management and administration charges | 0.08% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Frank Jasper |
Currently: Investment Committee member (2 years, 5 months)
|
|
Jax Mitchell |
Currently: Investment Committee member (2 years, 2 months)
|
|
Stephen Moir |
Currently: Investment Committee Chairman (1 years, 7 months)
|
|
Jonathan Oram |
Currently: Investment Committee member (0 years, 8 months)
|
|
Justine Sefton |
Currently: Investment Committee member (2 years, 5 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 9.61% | 7.05% |
| 2023 | -2.59% | -10.03% |
| 2022 | 1.06% | 0.89% |
| 2021 | 18.16% | 24.08% |
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. 2024.
Ishares Green Bond Index Fund Ie Class Flexible NZD Hedged
Ireland Int Fixed Interest
Blackrock Global Impact Fund Class X NZD Hedged
Ireland International Equities
Blackrock Global Impact Fund Class X NZD
Ireland International Equities
ASB Bank Account NZD
New Zealand Cash and Equivalents A-1+
NZD BNP Paribas A/C
New Zealand Cash and Equivalents AA-
USD BNP Paribas A/C
United States Cash and Equivalents A-1
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.5% | 0.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 36.5% | 45.48% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 58.0% | 54.52% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
