Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Canadian National Railway Co. 2.45 01/05/2050 0.01%
Cnac Hk Finbridge Co. Ltd. 1.75 14/06/2022 0.01%
Cnac Hk Finbridge Co. Ltd. 4.875 14/03/2025 0.01%
Coca-Cola Co 0.03%
Coca-Cola Co. 0.375 15/03/2033 0.01%
Coca-Cola Co. 1 15/03/2028 0.01%
Coca-Cola Co. 1.45 01/06/2027 0.01%
Empresa Nacional Del Petroleo 4.5 14/09/2047 0.01%
Nextera Energy Inc 0.30%
Omers Finance Trust 0.45 13/05/2025 0.02%
Orsted A/S 0.76%
Weapons
Singapore Technologies Engineering Ltd 0.01%
Tobacco
Lawson Inc 0.01%
Human Rights & Environmental Violations
Johnson & Johnson 0.48%
Johnson & Johnson 0.55 01/09/2025 0.01%
Johnson & Johnson 2.25 01/09/2050 0.01%
Johnson & Johnson 3.75 03/03/2047 0.01%
Nestle Holdings Inc. 1.25 15/09/2030 0.01%
Nestle Holdings Inc. 3.625 24/09/2028 0.01%
Animal Testing
Air Liquide Finance SA 0.5 13/06/2022 0.010%
Air Products and Chemicals Inc. 1.85 15/05/2027 0.010%
Argentum Netherlands Bv For Swiss Re Ltd. 5.75 15/08/2050 0.010%
Arkema SA 1.5 20/04/2027 0.010%
Chr Hansen Holding A/S 0.320%
Clorox Co 0.060%
Cnac Hk Finbridge Co. Ltd. 1.75 14/06/2022 0.010%
Cnac Hk Finbridge Co. Ltd. 4.875 14/03/2025 0.010%
Coca-Cola Co 0.030%
Coca-Cola Co. 0.375 15/03/2033 0.010%
Coca-Cola Co. 1 15/03/2028 0.010%
Coca-Cola Co. 1.45 01/06/2027 0.010%
Colruyt SA 0.010%
Croda International PLC 0.150%
Danone SA 0.210%
Danone SA 1 26/03/2025 0.010%
Dow Chemical Co. 1.125 15/03/2032 0.010%
Dow Chemical Co. 5.55 30/11/2048 0.010%
Dupont De Nemours Inc. 5.419 15/11/2048 0.010%
Ecolab Inc 0.770%
Estee Lauder Companies Inc 0.210%
Fujifilm Holdings Corp 0.060%
General Mills Inc. 0.45 15/01/2026 0.010%
Givaudan SA 0.130%
Glaxosmithkline Capital PLC 3.375 20/12/2027 0.010%
Henkel AG & Co Kgaa 0.090%
Hp Inc 0.090%
Hp Inc. 2.2 17/06/2025 0.030%
J Sainsbury PLC 0.010%
Jeronimo Martins Sgps SA 0.010%
Johnson & Johnson 0.480%
Johnson & Johnson 0.55 01/09/2025 0.010%
Johnson & Johnson 2.25 01/09/2050 0.010%
Johnson & Johnson 3.75 03/03/2047 0.010%
Kellogg Co 0.010%
Koninklijke Dsm Nv 0.500%
Koninklijke Dsm Nv 0.625 23/06/2032 0.010%
Koninklijke Dsm Nv 1.375 26/09/2022 0.010%
L'Oreal SA 0.260%
Lenzing AG 0.120%
Linde PLC 0.320%
Marico Ltd 0.120%
Mondelez International Holdings Netherlands Bv 0.875 01/10/2031 0.010%
Mondelez International Holdings Netherlands Bv 22/09/2026 0.010%
Mondelez International Inc. 0.625 01/07/2022 0.010%
Mondelez International Inc. 1.5 04/05/2025 0.010%
Nestle Holdings Inc. 1.25 15/09/2030 0.010%
Nestle Holdings Inc. 3.625 24/09/2028 0.010%
Novozymes A/S 0.110%
Orkla Asa 0.020%
Pepsico Inc. 0.25 06/05/2024 0.010%
Pepsico Inc. 0.5 06/05/2028 0.010%
Pepsico Inc. 2.25 19/03/2025 0.020%
Procter & Gamble Co 0.250%
Procter & Gamble Co. 3.6 25/03/2050 0.010%
Reckitt Benckiser Treasury Services PLC 3 26/06/2027 0.010%
Symrise AG 0.740%
Tesco Property Finance 2 PLC 6.0517 13/10/2039 0.010%
Umicore SA 0.100%
Unicharm Corp 0.170%
Unilever Capital Corp. 0.375 14/09/2023 0.010%
Unilever Capital Corp. 1.375 14/09/2030 0.010%
Unilever Capital Corp. 2.6 05/05/2024 0.010%
Unilever Nv 0.230%
Unilever Nv 0.5 06/01/2025 0.010%
Unilever Nv 1.125 12/02/2027 0.010%
Unilever PLC 0.410%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.
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 |
|---|
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 Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
Mercer Socially Responsible Hedged Overseas Shares Portfolio
New Zealand International Equities58.76% -
Vanguard Ethically Conscious Global Bond Index Fund NZD Hdgd
Australia Int Fixed Interest38.07% -
ASB Bank Account NZD
New Zealand Cash and Equivalents A-1+3.46%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 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% | 0.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 40.0% | 39.3% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 60.0% | 60.7% |
| 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 Sept. 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.00%
-
Animal Testing:6.40%
-
Fossil Fuels:1.18%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.53%
-
Palm Oil:0.00%
-
Tobacco:0.01%
-
Weapons:0.01%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics 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
"To provide moderate to high returns allowing for large movements of value up and down from an exposure to a portfolio of investments with a preference for those that make a positive impact on society or the environment. The number of years with negative returns are generally expected to be similar to the Growth Fund in the ASB Investment Funds. The Positive Impact Fund invests in income and growth assets with a target investment mix of 40% income assets and 60% growth assets."
| Value | $4.0M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | 109 |
| Fund started | Thu July 25th 2019 |
| Total annual fund fees | 1.33% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.25% |
| Administration charges | 0.08% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Nigel Annett |
Currently: Investment Committee member (6 years, 6 months) |
|
Jonathan Beale |
Currently: Investment Committee member (6 years, 1 months) |
|
Adam Boyd |
Currently: Investment Committee member (4 years, 4 months) |
|
Graeme Edwards |
Currently: Investment Committee Chairman (0 years, 11 months) |
|
John Smith |
Currently: Investment Committee member (9 years, 4 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
