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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 1.30%
    • Johnson & Johnson 0.46%
    • Nestle SA-Reg 0.34%
    • Thermo Fisher Scientific Inc 0.27%
    • Wells Fargo & Co 0.25%
    • Caterpillar Inc 0.23%
    • Uber Technologies Inc 0.18%
    • Raytheon Technologies Corp 0.17%
    • Lockheed Martin Corp 0.12%
    • Ubs Group AG-Reg 0.11%
    • Glencore PLC 0.08%
    • Rio Tinto PLC-Spon Adr 0.08%
    • Motorola Solutions Inc 0.07%
    • Palantir Technologies Inc-A 0.05%
    • Rio Tinto Ltd 0.04%
    • Arcelormittal 0.02%
    • Bank Hapoalim Bm 0.02%
    • China Petroleum & Chemical-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Grupo Mexico Sab De Cv-Ser B 0.02%
    • Oil & Natural Gas Corp Ltd 0.02%
    • Petrochina Co Ltd-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Teva Pharmaceutical Ind Ltd 0.02%
    • Adani Ports and Special Econ 0.01%
    • Bank Leumi Le-Israel 0.01%
    • Centrais Eletricas Brasilier 0.01%
    • Kbr Inc 0.01%
    • Mtn Group Ltd 0.01%
    • Chevron Corp 0.33% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.26% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BHP Group Ltd 0.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.09%
    • Freeport-Mcmoran Inc 0.08%
    • Glencore PLC 0.08%
    • 3M Co 0.07%
    • Basf Se 0.06%
    • Corteva Inc 0.05%
    • Vale SA 0.05%
    • Archer-Daniels-Midland Co 0.04%
    • Barrick Gold Corp 0.04%
    • Bayer AG-Reg 0.04%
    • Pg&E Corp 0.04%
    • Nutrien Ltd 0.03%
    • Adani Enterprises Ltd 0.02%
    • Ntpc Ltd 0.02%
    • Southern Copper Corp 0.01%
    • Tokyo Electric Power Company 0.01%
    • Zijin Mining Group Co Ltd-H 0.01%
    • Exxon Mobil Corporation 0.56% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Procter & Gamble Co/The 0.46%
    • Chevron Corp 0.33% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • LVMH Moet Hennessy Vuitt 0.27%
    • Shell PLC 0.26% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Philip Morris International 0.17%
    • Unilever PLC 0.15%
    • L'Oreal 0.13%
    • Air Liquide SA 0.12%
    • Hermes International 0.11%
    • Reliance Industries Ltd 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sherwin-Williams Co/The 0.10%
    • Shin-Etsu Chemical Co Ltd 0.10%
    • Altria Group Inc 0.09%
    • Colgate-Palmolive Co 0.09%
    • 3M Co 0.07%
    • British American Tobacco Holdings (The Netherlands) Bv 0.07%
    • Ecolab Inc 0.07%
    • Basf Se 0.06%
    • Corteva Inc 0.05%
    • Dow Inc 0.05%
    • Kimberly-Clark Corp 0.05%
    • Bayer AG-Reg 0.04%
    • Dupont De Nemours Inc 0.04%
    • Eni Spa 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Estee Lauder Companies-Cl A 0.04%
    • Givaudan-Reg 0.04%
    • PPG Industries Inc 0.04%
    • Church & Dwight Co Inc 0.03%
    • Entegris Inc 0.03%
    • Hindustan Unilever Ltd 0.03%
    • Intl Flavors & Fragrances 0.03%
    • Kering 0.03%
    • Koninklijke Ahold Delhaize N 0.03%
    • Novozymes A/S-B Shares 0.03%
    • Nutrien Ltd 0.03%
    • Akzo Nobel N.V. 0.02%
    • Albemarle Corp 0.02%
    • Asian Paints Ltd 0.02%
    • Beiersdorf AG 0.02%
    • Celanese Corp 0.02%
    • China Petroleum & Chemical-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Clorox Company 0.02%
    • Eastman Chemical Co 0.02%
    • Henkel AG & Co Kgaa Vor-Pref 0.02%
    • Itc Ltd 0.02%
    • Kao Corp 0.02%
    • Moncler Spa 0.02%
    • Otsuka Holdings Co Ltd- Unsp 0.02%
    • Rentokil Initial PLC 0.02%
    • Rpm International Inc 0.02%
    • Symrise AG 0.02%
    • Tyson Foods Inc-Cl A 0.02%
    • Unicharm Corp 0.02%
    • Covestro AG 0.01%
    • Croda International PLC 0.01%
    • Hindalco Industries Ltd 0.01%
    • Hormel Foods Corp 0.01%
    • Kikkoman Corp 0.01%
    • Mosaic Co/The 0.01%
    • Mowi Asa 0.01%
    • Nan Ya Plastics Corp 0.01%
    • Shiseido Co Ltd 0.01%
    • Tapestry Inc 0.01%
    • Walmart Inc 0.31%
    • Raytheon Technologies Corp 0.17%
    • Honeywell International Inc 0.16%
    • Airbus Se 0.13%
    • Boeing Co/The 0.13%
    • Lockheed Martin Corp 0.12%
    • Safran SA 0.09%
    • Amphenol Corp 0.08%
    • Brookfield Corp 0.08%
    • General Dynamics Corp. 0.08%
    • Northrop Grumman Corp 0.08%
    • Transdigm Group Inc 0.08%
    • Bae Systems PLC 0.06%
    • L3Harris Technologies Inc 0.05%
    • Rolls-Royce Holdings PLC 0.05%
    • Daikin Industries Ltd 0.04%
    • Larsen & Toubro Ltd 0.04%
    • Howmet Aerospace Inc 0.03%
    • Rheinmetall AG 0.03%
    • Adani Enterprises Ltd 0.02%
    • Booz Allen Hamilton Holdings 0.02%
    • Dick's Sporting Goods Inc 0.02%
    • Heico Corp 0.02%
    • Jacobs Solutions Inc 0.02%
    • Leidos Holdings Inc 0.02%
    • Mtu Aero Engines AG 0.02%
    • Teledyne Technologies Inc 0.02%
    • Textron, Inc. 0.02%
    • Thales SA 0.02%
    • Bharat Electronics Ltd 0.01%
    • Bwx Technologies Inc 0.01%
    • Curtiss-Wright Corp 0.01%
    • Huntington Ingalls Industrie 0.01%
    • Itt Inc 0.01%
    • Kbr Inc 0.01%
    • Leonardo Spa 0.01%
    • Melrose Industries PLC 0.01%
    • Oshkosh Corp 0.01%
    • Woodward Inc 0.01%
    • Exxon Mobil Corporation 0.56% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chevron Corp 0.33% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.26% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BHP Group Ltd 0.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Conocophillips 0.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Totalenergies Se 0.17% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nextera Energy Inc 0.16%
    • BP PLC 0.13% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsubishi Corp 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Reliance Industries Ltd 0.11% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.09%
    • Enbridge Inc 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eog Resources Inc 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Iberdrola SA 0.09% 1.5°C
      This company is on a 1.5°C pathway
    • Marathon Petroleum Corp 0.09%
    • Phillips 66 0.09%
    • Southern Co/The 0.09%
    • Glencore PLC 0.08%
    • Mitsui & Co Ltd 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rio Tinto PLC-Spon Adr 0.08%
    • Constellation Energy 0.07%
    • Itochu Corp 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pioneer Natural Resources Co 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Valero Energy Corp 0.07%
    • Enel Spa 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • National Grid PLC 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oneok Inc 0.06%
    • Suncor Energy Inc 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Williams Cos Inc 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • American Electric Power 0.05%
    • Cheniere Energy Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dominion Energy Inc 0.05%
    • Hess Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Occidental Petroleum Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sempra Energy 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tc Energy Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vale SA 0.05%
    • Woodside Energy Group Ltd 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Consolidated Edison Inc 0.04%
    • Dassault Systemes Se 0.04%
    • Devon Energy Corp 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Diamondback Energy Inc 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • E.On Se 0.04%
    • Eni Spa 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Halliburton Co 0.04%
    • Kinder Morgan Inc 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras - Petroleo Bras-Pr 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pg&E Corp 0.04%
    • Public Service Enterpris 0.04%
    • Rio Tinto Ltd 0.04%
    • Xcel Energy Inc 0.04%
    • Cenovus Energy Inc 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Coterra Energy Inc 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dte Energy Co 0.03%
    • Entergy Corp 0.03%
    • Equinor Asa-Spon Adr 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Fairfax Financial Hldgs Ltd 0.03%
    • Firstenergy Corp 0.03%
    • Franco-Nevada Corp 0.03%
    • Marubeni Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras - Petroleo Bras 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Posco Holdings Inc 0.03%
    • Repsol SA 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rwe AG 0.03%
    • Saudi Arabian Oil Co 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sumitomo Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Targa Resources Corp 0.03%
    • Teck Resources Ltd-Cls B 0.03%
    • Vistra Corp 0.03%
    • Wec Energy Group Inc 0.03%
    • Acwa Power Co 0.02%
    • Adani Enterprises Ltd 0.02%
    • Aes Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Alliant Energy Corp 0.02%
    • Ameren Corporation 0.02%
    • Arcelormittal 0.02%
    • Atmos Energy Corp 0.02%
    • Centerpoint Energy Inc 0.02%
    • China Petroleum & Chemical-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • China Shenhua Energy Co-H 0.02%
    • Clp Holdings Ltd 0.02%
    • Cms Energy Corp 0.02%
    • Eneos Holdings Inc 0.02%
    • Engie SA 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eqt Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Evergy Inc 0.02%
    • Fortis Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Grupo Mexico Sab De Cv-Ser B 0.02%
    • Inpex Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Loews Corp 0.02%
    • Marathon Oil Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nippon Steel Corp 0.02%
    • Nippon Yusen Kk 0.02%
    • Nrg Energy Inc 0.02%
    • Ntpc Ltd 0.02%
    • Oil & Natural Gas Corp Ltd 0.02%
    • Ovintiv Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pembina Pipeline Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrochina Co Ltd-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Ppl Corp 0.02%
    • Santos Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tata Steel Ltd 0.02%
    • Tourmaline Oil Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Apa Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Arc Resources Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Centrais Eletricas Brasilier 0.01%
    • Centrica PLC 0.01%
    • Chesapeake Energy Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chubu Electric Power Co Inc 0.01%
    • Ck Hutchison Holdings Ltd 0.01%
    • Coal India Ltd 0.01%
    • Edp-Energias De Portugal SA 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • Emera Inc 0.01%
    • Engie 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hf Sinclair Corp 0.01%
    • Imperial Oil Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Indian Oil Corp Ltd 0.01%
    • Intertek Group PLC 0.01%
    • Kansai Electric Power Co Inc 0.01%
    • Mitsui Osk Lines Ltd 0.01%
    • Neste Oyj 0.01%
    • Nisource Inc 0.01%
    • Origin Energy Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Orlen SA 0.01%
    • Orsted A/S 0.01% 1.5°C
      This company is on a 1.5°C pathway
    • Osaka Gas Co Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pinnacle West Capital 0.01%
    • Samsung C&T Corp 0.01%
    • Snam Spa 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • South32 Ltd 0.01%
    • Southwestern Energy Co 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tenaga Nasional Bhd 0.01%
    • Texas Pacific Land Corp 0.01%
    • Tokyo Gas Co Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Weg SA 0.01%

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

The Total World (NZD Hedged) Fund invests in international shares and is designed to track the return (before tax, fees and other expenses) of the FTSE Global All Cap Index, 100% hedged to the New Zealand dollar.

Value $93.2M NZD
Period of data report 30th June 2024
Fund started 15th July 2020
Total annual fund fees 0.48%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.03%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 9 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 7 months)
Previously: Investment Manager - Trust Management (5 years, 4 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 14.61% 23.68%
2023 -4.85% -8.41%
2022 3.53% 6.54%

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

  • Vanguard Total World Stock ETF
    United States International Equities
    99.6%
  • NZD Cash Account (ANZ Bank)
    New Zealand Cash and Equivalents AA-
    0.58%
  • USD Cash Account (BNP Paribas)
    United States Cash and Equivalents AA-
    0.43%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.4%
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% 99.6%
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.

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