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:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 0.81%
    • Johnson & Johnson 0.20%
    • Caterpillar Inc 0.13%
    • Thermo Fisher Scientific Inc 0.06%
    • Nestle SA-Reg 0.05%
    • Ubs Group AG-Reg 0.04%
    • Wells Fargo & Co 0.04%
    • Motorola Solutions Inc 0.03%
    • Uber Technologies Inc 0.03%
    • Corteva Inc 0.03%
    • Procter & Gamble Co/The 0.14%
    • Colgate-Palmolive Co 0.11%
    • L'Oreal 0.07%
    • Sherwin-Williams Co 0.07%
    • Hermes International 0.05%
    • Unilever PLC-Sponsored Adr 0.05%
    • Corteva Inc 0.03%
    • Ecolab Inc 0.03%
    • Estee Lauder Companies-Cl A 0.03%
    • Givaudan-Reg 0.03%
    • LVMH Moet Hennessy Louis Vui 0.03%
    • Rpm International Inc 0.03%
    • Coty Inc 0.02%
    • Koninklijke Ahold Delhaize N 0.02%
    • Shin-Etsu Chemical Co Ltd 0.02%
    • Tapestry Inc 0.02%
    • Dupont De Nemours Inc 0.01%
    • Kering 0.01%
    • PPG Industries Inc 0.01%
    • Walmart Inc 0.16%
    • Transdigm Group Inc 0.04%
    • Booz Allen Hamilton Holdings 0.02%
    • Airbus Se 0.01%
    • Amphenol Corp 0.01%
    • Caci International Inc -Cl A 0.01%
    • Dick's Sporting Goods Inc 0.01%
    • Contact Energy Ltd 0.21% 1.5°C
      This company is on a 1.5°C pathway
    • Marathon Petroleum Corp 0.13%
    • Valero Energy Corp 0.09%
    • Phillips 66 Co 0.08%
    • Halliburton Co 0.04%
    • Fairfax Financial Hldgs Ltd 0.03%
    • Constellation Energy 0.02%
    • Iberdrola SA 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Texas Pacific Land Corp 0.02%
    • Wec Energy Group Inc 0.02%
    • Consolidated Edison Inc 0.01%
    • Enbridge Inc 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hf Sinclair Corp 0.01%
    • Itochu Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C

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

About this fund

A300 invests in assets seeking to minimise short-term movements up and down in value and preserve purchasing power of capital while providing a balance between assets with an expected return higher than bank term deposits and assets with growth characteristics.

Value $75.7M NZD
Period of data report 30th June 2024
Fund started 18th Jan. 2010
Total annual fund fees 1.55%
Total performance based fees 0.0%
Manager's basic fee 0.91%
Other management and administration charges 0.64%
Total other charges 0.0
Total other charges currency NZD

Mark Wooster

Currently: CIO (Caliber Investment) (14 years, 7 months)
Previously: CIO (Sovereign and ASB Group Investments) (5 years, 0 months)

Alan Austin

Currently: Independent Director (Accordia Asset Management Limited) (7 years, 6 months)
Previously: Senior Investment Consultant (Eriksen & Associates) (6 years, 0 months)

Jason Ferguson

Currently: Investment Strategist (Caliber investment) (10 years, 0 months)
Previously: Portfolio Manager (First State / ASB Group Investments) (9 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

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
2024 12.57% 13.28%
2023 -4.05% -1.51%
2022 1.38% 2.45%
2021 27.68% 18.91%
2020 -4.45% -4.93%
2019 6.12% 1.39%
2018 8.66% 3.66%
2017 7.20% 6.87%
2016 5.40% 0.44%
2015 12.09% 8.09%

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 30th June 2024.

Top 10 Investments

  • Dimensional Global Sust. (NZD Hedged)
    Australia International Equities
    19.34%
  • Dimensional Global Sustainability PIE Fund
    Australia International Equities
    15.64%
  • Mercer Macquarie NZ Cash Fund
    New Zealand Cash and Equivalents
    11.88%
  • Spdr S&P/ASX 200 Index
    Australia Australasian Equities
    9.39%
  • Mercer Macquarie NZ Short Duration
    New Zealand Cash and Equivalents
    6.49%
  • Mercer Macquarie NZ Fixed Interest PIE
    New Zealand NZ Fixed Interest
    5.98%
  • Cash At Bank - AUD (Speciality One Fund)
    New Zealand Cash and Equivalents AA-
    5.28%
  • Man Alternative Style Risk Premia Fund Cl I H NZD
    Australia Other
    3.46%
  • Aqr Style Premia Offshore Fund - NZD Class
    Australia Other
    2.75%
  • Aberdeen Standard Emerging Opportunity Fund
    Australia International Equities
    2.48%
Type Target Actual
Cash and Cash Equivalents 26.0% 34.18%
New Zealand Fixed Interest 10.0% 5.98%
International Fixed Interest 0.0% 0.0%
Australasian Equities 8.0% 11.15%
International Equities 33.0% 39.72%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 18.0% 8.97%
Commodities 5.0% 0.0%

Investment Mix

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

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.