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

    • Channel Infrastructure NZ Lt 3.10%

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. 2023 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

The fund is passively managed and invests in NZX listed financial products whose normal free-float market capitalisation is between $75 million and $1.25 billion and who are outside of the S&P/NZX 20 Index

Value $8.54M NZD
Period of data report 30th Sept. 2023
Fund started 28th Aug. 2019
Total annual fund fees 0.25%
Total performance based fees 0.0%
Manager's basic fee 0.25%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Dean Anderson

Currently: Chief Executive (5 years, 0 months)
Previously: Smartshares Product Manager, NZX (4 years, 4 months)

Stephen Upton

Currently: Chief Operating Officer (4 years, 3 months)
Previously: Smartshares Chief Operating Officer - NZX (3 years, 6 months)

Kerry Mcintosh

Currently: Director (4 years, 3 months)
Previously: Operating Partner, Zino Ventures (current) (5 years, 7 months)

Paul Hocking

Currently: Director (4 years, 3 months)
Previously: Director, Trustee Executors Limited (10 years, 9 months)

Julian Knights

Currently: Director (2 years, 10 months)
Previously: Founding Partner, Ironbridge Capital (17 years, 8 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.

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
2023 -5.17% -25.83%
2022 3.53% 1.06%
2021 35.55% 61.83%

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 Sept. 2023.

Top 10 Investments

  • Argosy Property Ltd
    New Zealand Listed Property
    7.76%
  • Skellerup Holdings Ltd
    New Zealand Australasian Equities
    7.45%
  • Arvida Group Limited
    New Zealand Australasian Equities
    7.26%
  • Stride Property Limited
    New Zealand Australasian Equities
    5.68%
  • Tourism Holdings Ltd
    New Zealand Australasian Equities
    5.64%
  • Kmd Brands Limited
    New Zealand Australasian Equities
    4.71%
  • Oceania Healthcare Limited
    New Zealand Australasian Equities
    4.2%
  • Vulcan Steel Ord (NZ Registry)
    New Zealand Australasian Equities
    4.17%
  • Gentrack Ltd (NZ Register)
    New Zealand Australasian Equities
    3.63%
  • Serko Limited (NZ Register)
    New Zealand Australasian Equities
    3.6%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.19%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 99.81%
International Equities 0.0% 0.0%
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.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.