Funds
NZ Funds Global Macro
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.
This fund has no investments in issues of concern
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
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. 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
In their own words
The objective of the Global Macro fund is to grow your investment over the long term. The fund is anticipated to own and trade authorised asset classes, using hedge fund instruments and techniques over the minimum suggested timeframe.
| Value | $145M NZD |
| Period of data report | 30th Sept. 2024 |
| Fund started | 31st Oct. 2008 |
| Total annual fund fees | 2.93% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.49% |
| Other management and administration charges | 0.44% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
John Cobb |
Currently: Chair of the Investment Governance Committee and a Director (1 years, 10 months) |
|
Michael Lang |
Currently: Chief Executive and a Director (6 years, 0 months) |
|
Mark Brooks |
Currently: Chief Investment Officer and a Principal (0 years, 7 months) |
|
Paul Van Wetering |
Currently: Head of Investment Operations and Responsible Investing (4 years, 9 months) |
|
Casey Keiper |
Currently: Portfolio Manager and Head of Research (0 years, 3 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 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 | 14.61% | 20.31% |
| 2023 | -4.85% | -27.72% |
| 2022 | 3.53% | -25.44% |
| 2021 | 35.55% | 101.72% |
| 2020 | -7.06% | -8.8% |
| 2019 | 10.17% | 1.28% |
| 2018 | 7.53% | 2.08% |
| 2017 | 9.49% | 6.12% |
| 2016 | 4.71% | -10.06% |
| 2015 | 14.67% | 15.99% |
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. 2024.
Top 10 Investments
-
Goldman Sachs Futures
New Zealand Cash and Equivalents A-124.66% -
Westpac Cash
New Zealand Cash and Equivalents A-1+13.14% -
Didi Global Inc
China International Equities8.69% -
Goldman Sachs Futures
New Zealand Cash and Equivalents A-16.6% -
Westpac Bank Bill 5.575% 13/11/2024
New Zealand Cash and Equivalents A-1+5.85% -
Galaxy Liquid Crypto Fund
Cayman Islands Other4.88% -
Citibank Hong Kong Cash
United States Cash and Equivalents A-13.73% -
Westpac Bank Bill 5.19% 20/12/2024
New Zealand Cash and Equivalents A-1+1.83% -
Goldman Sachs Otc Derivatives
New Zealand Cash and Equivalents A-11.73% -
Goldman Sachs Futures
New Zealand Cash and Equivalents A-11.69%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 0.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.74% |
| Australasian Equities | 0.0% | 4.02% |
| International Equities | 95.0% | 65.41% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 16.2% |
| Commodities | 0.0% | 13.63% |
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 30th Sept. 2024.