Funds

Vision Income Fund

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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 31st March 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

To provide members of the Brethren community (Community) with an investment product that suitably satisfies the Community’s ethical requirements, as an alternative to other fixed income investments in the market. The fund will make loans to businesses in the Community, and may make investments in other fixed income investments and cash and cash-like investments. The fund may also invest in other credit funds or collective investment vehicles whose investments include loans made to the Community.

Value $132M NZD
Period of data report 30th June 2024
Fund started 5th June 2020
Total annual fund fees 2.54%
Total performance based fees 0.0%
Manager's basic fee 2.38%
Other management and administration charges 0.16%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Brett Craig

Currently: Director/Portfolio Manager, Aura Funds Management (7 years, 11 months)
Previously: Vice President, Macquarie Bank (5 years, 2 months)

Angela Ashton

Currently: Independent Chair of the Investment and Credit Committee (6 years, 10 months)
Previously: Director, Evergreen Consultants (current position) (7 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 3.59% 4.39%
2023 -0.79% 2.95%
2022 -2.46% 1.67%

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 June 2024.

Top 10 Investments

  • Mercer Macquarie NZ Cash Fund
    New Zealand Cash and Equivalents
    33.77%
  • Cash At Bank (BNZ)
    New Zealand Cash and Equivalents AA-
    8.69%
  • Loan Secured By Other Assets
    New Zealand NZ Fixed Interest
    6.06%
  • Loan Secured By Other Assets
    New Zealand NZ Fixed Interest
    5.04%
  • Loan Secured By Other Assets
    New Zealand NZ Fixed Interest
    3.99%
  • Loan Secured By Commercial Property
    New Zealand NZ Fixed Interest
    3.53%
  • Loan Secured By Other Assets
    New Zealand NZ Fixed Interest
    3.49%
  • Loan Secured By Other Assets
    New Zealand NZ Fixed Interest
    3.03%
  • Loan Secured By Other Assets
    New Zealand NZ Fixed Interest
    2.81%
  • Loan Secured By Commercial Property
    New Zealand NZ Fixed Interest
    2.6%
Type Target Actual
Cash and Cash Equivalents 91.74% 42.45%
New Zealand Fixed Interest 8.26% 57.55%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
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.

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.