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
Rio Tinto Ltd 0.09%
Weapons
Amphenol Corp. (1987) 0.03%
Alcohol
LVMH Moet Hennessy Louis Vuitton Se 0.46%
Human Rights & Environmental Violations
Kbr Inc 0.21%
Nestle SA 0.25%
Rio Tinto Ltd 0.09%
Animal Testing
Air Products & Chemicals Inc 0.020%
Croda International PLC 0.160%
Danone SA 0.240%
Dupont De Nemours Inc 0.110%
Energizer Holdings 4.75% 15/06/2028 1.590%
Estee Lauder Companies Inc. 0.020%
L'Oreal Eur0.20 0.090%
Linde PLC 0.360%
LVMH Moet Hennessy Louis Vuitton Se 0.460%
Mondelez International Inc 0.420%
Nestle SA 0.250%
Oci 0.570%
Tapestry Inc 0.130%
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 |
---|---|---|
2020 | -4.35% | -3.03% |
2019 | 6.14% | 1.72% |
2018 | 7.69% | 3.56% |
2017 | 8.26% | 2.21% |
2016 | 5.40% | 2.76% |
2015 | 12.09% | 15.47% |
2014 | 9.56% | 6.86% |
2013 | 13.67% | 7.86% |
2012 | 0.62% | -1.77% |
2011 | 6.07% | 19.37% |
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 Thu Dec. 31st 2020.
Showing the top 10 investments for this fund:
-
Goldman Sachs NZD Margin Account
United Kingdom Cash and Equivalents A-117.0% -
Westpac Current Account
New Zealand Cash and Equivalents A-1+16.13% -
Suvretta Offshore Fund
Cayman Islands International Equities9.5% -
Emerson Point Capital Partners Lp
United States International Equities4.01% -
Citibank New Zealand NZD Current Account
United States Cash and Equivalents A-13.66% -
Goldmans Sachs Otc Collateral NZD Margin Account
United Kingdom Cash and Equivalents A-12.08% -
Grandvision Nv
Netherlands International Equities1.94% -
Galaxy Institutional Bitcoin Fund
United States Other1.77% -
G4S
United Kingdom International Equities1.7% -
Link Administration Holdings
Australia International Equities1.41%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 5.0% | 0.74% |
New Zealand Fixed Interest | 12.0% | 1.56% |
International Fixed Interest | 13.0% | 7.99% |
Australasian Equities | 0.0% | 12.63% |
International Equities | 70.0% | 53.16% |
Listed Properties | 0.0% | 0.83% |
Unlisted Properties | 0.0% | 0.0% |
Other | 0.0% | 5.04% |
Commodities | 0.0% | 18.05% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 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:0.46%
-
Animal Testing:4.42%
-
Fossil Fuels:0.09%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.55%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.03%
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
"The objective of the Equity Inflation Portfolio is to mitigate the impact of inflation on your investment over the medium and/or long term. The fund is anticipated to mainly hold New Zealand Australian and international bonds and international shares."
Value | $100M NZD |
Period of data report | Thu Dec. 31st 2020 |
Members | Not provided |
Fund started | Sat Aug. 26th 2000 |
Total annual fund fees | 3.05% |
Total performance based fees | 0.0% |
Manager's basic fee | 2.51% |
Administration charges | 0.54% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Michael Lang |
Currently: Chief Executive and a Director (2 years, 3 months) |
James Grigor |
Currently: Chief Investment Officer and a Principal (2 years, 1 months) |
Mark Brooks |
Currently: Head of Income and a Principal (13 years, 1 months) |
Andrew Curtayne |
Currently: Senior Portfolio Manager (0 years, 8 months) |
David Haslam |
Currently: Senior Dealer (4 years, 0 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.