Funds
Accordia A400
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
- BHP Group Ltd 1.17%
- Woodside Energy Group Ltd 0.41%
- Contact 0.25%
- Santos Ltd 0.19%
- South32 Ltd 0.10%
- Origin Energy Ltd 0.08%
- Apa Group Units 0.07%
- Constellation Energy 0.07%
- Valero Energy Corp 0.07%
- Wec Energy Group Inc 0.06%
- Xcel Energy Inc 0.05%
- Ampol Ltd 0.04%
- Enbridge Inc 0.04%
- Iberdrola SA 0.04%
- Shell PLC 0.04%
- Washington H Soul Pattinson & Comp 0.04%
- Whitehaven Coal Ltd 0.04%
- Agl Energy Ltd 0.03%
- Itochu Corporation 0.03%
- Marathon Petroleum Corp 0.03%
- Suncor Energy Inc 0.03%
- Beach Energy Ltd 0.02%
- Consolidated Edison Inc 0.02%
- Constellation Energy Corp 0.02%
- Glencore PLC 0.02%
- Hf Sinclair Corp 0.02%
- Neste Oyj 0.02%
- Sempra Energy 0.02%
- Texas Pacific Land Corp 0.02%
- Atmos Energy Corp 0.01%
- Brickworks Ltd 0.01%
- Consolidated Edison Inc Com Usd0.10 0.01%
- Pbf Energy Inc Com 0.01%
- Phillips 66 0.01%
- Phillips 66 Com Usd0.01 0.01%
- Viva Energy Group Ltd 0.01%
Weapons
- Walmart Inc 0.19%
- Safran SA 0.05%
- Airbus Se 0.03%
- Booz Allen Hamilton Holdings 0.02%
- Teledyne Technologies Inc 0.02%
- Transdigm Group Inc 0.02%
- Amphenol Corp Cl A 0.01%
- Amphenol Corp-Cl A 0.01%
- Brookfield Asset Management 0.01%
- Caci International Inc -Cl A 0.01%
- Science Applications Inte 0.01%
Gambling
- Skycity 0.15%
- Aristocrat Leisure Ltd 0.14%
- Aristocrat Leisure 0.10%
- Tabcorp Holdings Ltd 0.01%
- The Star Entertainment Group Ltd 0.01%
Alcohol
- Diageo PLC 0.12%
- Endeavour Group Ltd 0.05%
- Treasury Wine Estates Ltd 0.05%
- Metcash Ltd 0.02%
GMOs
- Corteva Inc 0.04%
Human Rights & Environmental Violations
- BHP Group Ltd 1.17%
- Meta Platforms Inc-Class A 0.22%
- Rio Tinto Ltd 0.21%
- Johnson & Johnson 0.20%
- Rio Tinto Limited 0.18%
- Johnson & Johnson Com US$1 0.17%
- Wells Fargo & Company 0.15%
- Thermo Fisher Scientific Inc 0.11%
- Activision Blizzard Inc 0.09%
- Caterpillar Inc 0.07%
- Corteva Inc 0.04%
- Fmc Corp 0.04%
- Shell PLC 0.04%
- Motorola Solutions Inc 0.03%
- Rio Tinto PLC 0.03%
- Rio Tinto PLC Ord 10P Gbp 0.03%
- Wells Fargo & Co 0.03%
- Bayer AG 0.02%
- Glencore PLC 0.02%
- Nufarm Ltd 0.01%
- Uber Technologies Inc 0.01%
Animal Cruelty
- Pepsico Inc 0.12%
- Procter & Gamble Co/The 0.11%
- Procter & Gamble Company 0.10%
- LVMH Moet Hennessy Louis Vuitton 0.08%
- Coca-Cola Co/The 0.07%
- Coca Cola Co USD 0.06%
- General Mills Inc 0.06%
- Pepsico Inc Cap US$0.01 2/3 0.06%
- Unilever PLC-Sponsored Adr 0.06%
- 3M Co 0.05%
- Avantor Inc 0.05%
- L'Oreal 0.05%
- Mosaic Co/The 0.05%
- Ping An Insurance 0.05%
- Shell PLC 0.05%
- Sherwin-Williams Co/The 0.05%
- Unilever PLC 0.05%
- Corteva Inc 0.04%
- Fmc Corp 0.04%
- Hermes International 0.04%
- Kering 0.04%
- Orica Ltd 0.04%
- Sherwin Williams Com Usd1 0.04%
- Colgate Palmolive Usd1 0.03%
- Colgate-Palmolive Co 0.03%
- Estee Lauder Companies-Cl A 0.03%
- PPG Industries Inc 0.03%
- Bayer AG 0.02%
- Church & Dwight Co Inc 0.02%
- Dupont De Nemours Inc 0.02%
- Ecolab Inc 0.02%
- Estee Lauder Companies 0.02%
- Keurig Dr Pepper Inc 0.02%
- Koninklijke Ahold Delhaize N 0.02%
- Koninklijke Ahold Delhaize Nv 0.02%
- Tapestry Inc 0.02%
- Campbell Soup Co 0.01%
- Church & Dwight Co 0.01%
- Clorox Company 0.01%
- Graincorp Class A Ltd 0.01%
- Kellogg Co 0.01%
- Kellogg Company 0.01%
- Kraft Heinz Co Com Usd0.01 0.01%
- Kraft Heinz Co/The 0.01%
- Nufarm Ltd 0.01%
- Tapestry Inc Com Usd0.01 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 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
A400 invests in assets seeking to provide expected returns associated with growth assets, while managing movements up and down in value and preserving the purchasing power of capital.
| Value | $23M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 18th Jan. 2010 |
| Total annual fund fees | 1.65% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.91% |
| Other management and administration charges | 0.74% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Mark Wooster |
Currently: CIO (Caliber Investment) (13 years, 1 months) |
|
Alan Austin |
Currently: Independent Director (Accordia Asset Management Limited) (6 years, 0 months) |
|
Jason Ferguson |
Currently: Investment Strategist (Caliber investment) (8 years, 6 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 | 0.25% | |
| Animal Cruelty | 2.56% | |
| Fossil Fuels | 3.45% | |
| Gambling | 0.44% | |
| GMOs | 0.05% | |
| Human Rights & Environmental Violations | 3.03% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.02% | |
| Weapons | 0.61% |
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 | 1.53% | 3.18% |
| 2021 | 32.66% | 25.2% |
| 2020 | -4.45% | -6.27% |
| 2019 | 6.15% | 1.07% |
| 2018 | 8.66% | 4.31% |
| 2017 | 7.20% | 8.26% |
| 2016 | 5.40% | 0.21% |
| 2015 | 12.09% | 10.45% |
| 2014 | 9.56% | 8.63% |
| 2013 | 13.67% | 8.24% |
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.
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Man Alternative Style Risk Premia Fund Cl I H NZD
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Devon Core Absolute Fund
New Zealand Australasian Equities3.17%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 12.0% | 14.53% |
| New Zealand Fixed Interest | 6.0% | 2.25% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 11.0% | 15.13% |
| International Equities | 46.0% | 51.32% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 25.0% | 16.77% |
| 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.