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
Coca Cola Co/The 0.65%
Eneos Holdings Inc 0.02%
Franco Nevada Corp 0.28%
Kansas City Southern 0.14%
Kinder Morgan Inc 0.63%
Neste Oyj 0.18%
Parkland Corp 0.09%
Power Assets Holdings Ltd 0.12%
Total Se 0.21%
Weapons
Canadian Tire Corp Class A 0.03%
Heico Corp Class A 0.02%
L3Harris Technologies Inc 0.14%
Leidos Holdings Inc 0.10%
Singapore Tech Engineering 0.08%
Teledyne Technologies Inc 0.02%
Transdigm Group Inc 0.05%
Tobacco
Lawson Inc 0.05%
Seven + I Holdings Co Ltd 0.02%
Gambling
Flutter Entertainment PLC 0.06%
La Francaise Des Jeux Saem 0.07%
Las Vegas Sands Corp 0.06%
Mgm Resorts International 0.02%
Sands China Ltd 0.04%
Adult Entertainment/Pornography
Mgm Resorts International 0.02%
Alcohol
Brown Forman Corp Class B 0.03%
Constellation Brands Inc A 0.05%
Diageo PLC 0.17%
Heineken Holding Nv 0.23%
LVMH Moet Hennessy Louis Vui 0.27%
Pernod Ricard SA 0.12%
Animal Testing
Akzo Nobel N.V. 0.160%
Axalta Coating Systems Ltd 0.080%
Beiersdorf AG 0.130%
Burberry Group PLC 0.040%
Church + Dwight Co Inc 0.030%
Coca Cola Co/The 0.650%
Colgate Palmolive Co 0.280%
Ecolab Inc 0.370%
Estee Lauder Companies Cl A 0.400%
Fmc Corp 0.340%
Givaudan Reg 0.520%
Glaxosmithkline PLC 0.180%
Henkel AG + Co Kgaa 0.060%
Henkel AG + Co Kgaa Vorzug 0.330%
Hp Inc 0.260%
Intl Flavors + Fragrances 0.170%
Johnson Matthey PLC 0.130%
Kao Corp 0.070%
Koninklijke Dsm Nv 0.070%
LVMH Moet Hennessy Louis Vui 0.270%
Orkla Asa 0.080%
Pepsico Inc 0.070%
Pola Orbis Holdings Inc 0.020%
PPG Industries Inc 0.220%
Procter + Gamble Co/The 0.840%
Puma Se 0.060%
Ralph Lauren Corp 0.030%
Reckitt Benckiser Group PLC 0.100%
Sainsbury (J) PLC 0.060%
Seven + I Holdings Co Ltd 0.020%
Sherwin Williams Co/The 0.340%
Shiseido Co Ltd 0.140%
Symrise AG 0.010%
Tesco PLC 0.070%
Umicore 0.140%
Unilever PLC 0.260%
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 | -7.57% | 0.0% |
2019 | 10.01% | 0.0% |
2018 | 7.40% | 0.0% |
2017 | 9.64% | 0.0% |
2016 | 4.71% | 0.0% |
2015 | 14.67% | 0.0% |
2014 | 10.13% | 0.0% |
2013 | 13.93% | 0.0% |
2012 | -2.50% | 0.0% |
2011 | 5.97% | 0.0% |
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 Wed Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
State Street Climate Esg International Equity Fund
Australia International Equities104.84% -
Unrealised Foreign Exchange Hedging P&L
New Zealand Other0.88%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 0.0% | 0.84% |
New Zealand Fixed Interest | 0.0% | 0.0% |
International Fixed Interest | 0.0% | 0.0% |
Australasian Equities | 0.0% | 0.0% |
International Equities | 100.0% | 99.16% |
Listed Properties | 0.0% | 0.0% |
Unlisted Properties | 0.0% | 0.0% |
Other | 0.0% | 0.0% |
Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 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:0.02%
-
Alcohol:0.88%
-
Animal Testing:7.06%
-
Fossil Fuels:2.34%
-
Gambling:0.27%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.00%
-
Palm Oil:0.00%
-
Tobacco:0.07%
-
Weapons:0.46%
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 Fund provides exposure to international share markets through an index tracking fund which meet certain sustainability criteria. The Fund's exposure to global shares is through investment in the State Street Climate ESG International Equity Fund an Australian unit trust managed by State Street Global Advisors. The Fund targets a position of being close to 50% hedged to the New Zealand dollar. The investment objective of the Fund is to reasonably closely track the return of the benchmark MSCI World ex Australia Index with net dividends reinvested 50% hedged to New Zealand dollars before taking into account fees and expenses while avoiding investment in companies which do not meet the Fund's sustainability criteria."
Value | $59M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | Not provided |
Fund started | Wed April 1st 2020 |
Total annual fund fees | 0.48% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.35% |
Administration charges | 0.13% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Richard Frogley |
Currently: Portfolio Manager (6 years, 3 months) |
Matthew Goldsack |
Currently: General Manager Investments (0 years, 7 months) |
Shane Coward |
Currently: General Manager (5 years, 9 months) |
Grant Hope |
Currently: Chief Executive (10 years, 9 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.