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 aggressive funds is 12.02%.
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.
Genesis produces electricity from plants and distributes gas. They are expanding their portfolio of renewable assets (wind, solar farms and hydro) and options to reduce emissions from Huntly (battery technology and biomass use). However, in 2025 their total GHG emissions increased compared to FY24, driven by a 33% rise in Scope 3 emissions - primarily from the Huntly Power Station (Coal & Gas).
The Fund will provide actively managed exposure to New Zealand equities. The Fund aims to generate a better return than the benchmark over the medium to long term. We intend for the Fund to make quarterly income distributions.
| Value | $12.6M NZD |
| Period of data report | 31st March 2026 |
| Fund started | 25th Oct. 2019 |
| Total annual fund fees | 1.06% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.66% |
| Other management and administration charges | 0.4% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Andrew Kelleher |
Currently: Director, Clarity Funds Management Limited (17 years, 11 months)
|
|
Jack Glover |
Currently: Investment Analyst, Clarity Funds Management Limited (1 years, 0 months)
|
|
Josh Wilson |
Currently: Chief Investment Officer, Clarity Funds Management Limited (7 years, 0 months)
|
|
Alan Lee |
Currently: Director, Clarity Funds Management Limited (20 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.
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 |
|---|---|---|
| 2026 | 10.96% | 7.25% |
| 2025 | 4.27% | 2.55% |
| 2024 | 15.02% | 3.84% |
| 2023 | -4.85% | -3.23% |
| 2022 | 3.53% | -1.63% |
| 2021 | 35.55% | 25.26% |
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 March 2026.
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities
Infratil Ltd
New Zealand Australasian Equities
Auckland International Airport Ltd
New Zealand Australasian Equities
Meridian Energy Limited
New Zealand Australasian Equities
Contact Energy Ltd
New Zealand Australasian Equities
A2 Milk Company Ltd
New Zealand Australasian Equities
Ebos Group Ltd
New Zealand Australasian Equities
NZD Cash At Bank
New Zealand Cash and Equivalents
Mercury NZ Limited
New Zealand Australasian Equities
Summerset Group Holdings Ltd
New Zealand Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 4.02% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 95.0% | 95.98% |
| 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% |
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 March 2026.
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 2026 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 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.
Genesis produces electricity from plants and distributes gas. They are expanding their portfolio of renewable assets (wind, solar farms and hydro) and options to reduce emissions from Huntly (battery technology and biomass use). However, in 2025 their total GHG emissions increased compared to FY24, driven by a 33% rise in Scope 3 emissions - primarily from the Huntly Power Station (Coal & Gas).
The Fund will provide actively managed exposure to New Zealand equities. The Fund aims to generate a better return than the benchmark over the medium to long term. We intend for the Fund to make quarterly income distributions.
| Value | $12.6M NZD |
| Period of data report | 31st March 2026 |
| Fund started | 25th Oct. 2019 |
| Total annual fund fees | 1.06% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.66% |
| Other management and administration charges | 0.4% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Andrew Kelleher |
Currently: Director, Clarity Funds Management Limited (17 years, 11 months)
|
|
Jack Glover |
Currently: Investment Analyst, Clarity Funds Management Limited (1 years, 0 months)
|
|
Josh Wilson |
Currently: Chief Investment Officer, Clarity Funds Management Limited (7 years, 0 months)
|
|
Alan Lee |
Currently: Director, Clarity Funds Management Limited (20 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.
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 |
|---|---|---|
| 2026 | 10.96% | 7.25% |
| 2025 | 4.27% | 2.55% |
| 2024 | 15.02% | 3.84% |
| 2023 | -4.85% | -3.23% |
| 2022 | 3.53% | -1.63% |
| 2021 | 35.55% | 25.26% |
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 March 2026.
Fisher & Paykel Healthcare Ltd
New Zealand Australasian Equities
Infratil Ltd
New Zealand Australasian Equities
Auckland International Airport Ltd
New Zealand Australasian Equities
Meridian Energy Limited
New Zealand Australasian Equities
Contact Energy Ltd
New Zealand Australasian Equities
A2 Milk Company Ltd
New Zealand Australasian Equities
Ebos Group Ltd
New Zealand Australasian Equities
NZD Cash At Bank
New Zealand Cash and Equivalents
Mercury NZ Limited
New Zealand Australasian Equities
Summerset Group Holdings Ltd
New Zealand Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 4.02% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 95.0% | 95.98% |
| 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% |
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 March 2026.
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 2026 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.
