Funds

OneAnswer SAC International Fixed Interest Fund

Total Ethical Concerns: 6.06%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Animal Cruelty 0.85%

    • PPG Industries, Inc.
      0.10%
      0.10%
    • The Clorox Co.
      0.10%
      0.10%
    • Kimberly-Clark Corp.
      0.09%
      0.09%
    • Givaudan Finance Europe Bv
      0.08%
      0.08%
    • Henkel AG & Co. Kgaa
      0.08%
      0.08%
    • Church & Dwight Co., Inc.
      0.07%
      0.07%
    • The Sherwin-Williams Co.
      0.07%
      0.07%
    • Unilever PLC
      0.06%
      0.06%
    • Essity
      0.05%
      0.05%
    • Ecolab, Inc.
      0.04%
      0.04%
    • L'Oréal SA
      0.04%
      0.04%
    • Lyb International Finance Ii Bv
      0.03%
      0.03%
    • Colgate-Palmolive Co.
      0.02%
      0.02%
    • Reliance Industries 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
      0.02%
  • Human Rights Violations 1.62%

    • 0.44%
    • UBS
      0.42%
      0.42%
    • Wells Fargo
      0.32%
      0.32%
    • 0.11%
    • Holcim
      0.06%
      0.06%
    • Saudi Aramco
      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
      0.03%
  • Social Harm 0.22%

  • Fossil Fuels 2.89%

    • Totalenergies Se
      0.51%
      !!
      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
      0.51%
    • Enel
      0.49%
      1.5°C
      This company is on a 1.5°C pathway
      0.49%
    • Pacificorp.
      0.36%
      0.36%
    • Oneok, Inc.
      0.18%
      0.18%
    • Enterprise Products Partners Lp
      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
      0.13%
    • Kinder Morgan, Inc.
      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
      0.11%
    • Cassa Depositi E Prestiti Spa
      0.09%
      0.09%
    • Snam Spa
      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
      0.09%
    • Centrica PLC
      0.08%
      0.08%
    • Enbridge, Inc.
      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
      0.08%
    • Korea Electric Power Corporation (Kepco)
      0.08%
      0.08%
    • Keyera 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
      0.07%
    • Midamerican Energy Co.
      0.07%
      0.07%
    • BHP
      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
      0.06%
    • Pembina Pipeline 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
      0.05%
    • The Weir Group PLC
      0.05%
      0.05%
    • Cheniere 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
      0.04%
    • Enel Chile SA
      0.04%
      1.5°C
      This company is on a 1.5°C pathway
      0.04%
    • Sgs Nederland Holding Bv
      0.04%
      0.04%
    • Evergy, Inc.
      0.03%
      0.03%
    • Lyb International Finance Ii Bv
      0.03%
      0.03%
    • National Grid North America, 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
      0.03%
    • National Grid PLC
      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
      0.03%
    • Naturgy Finance Bv
      0.03%
      0.03%
    • Qatarenergy
      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
      0.03%
    • Saudi Aramco
      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
      0.03%
    • Fairfax Financial Holdings Ltd.
      0.02%
      0.02%
    • 0.02%
    • Reliance Industries 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
      0.02%
    • Contact Energy Ltd.
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
  • Weapons 0.03%

    • Hexcel Corp.
      0.03%
      0.03%
  • Environmental Harm 0.67%

    • Coca-Cola
      0.40%
      0.40%
    • BHP
      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
      0.06%
    • 0.06%
    • Unilever PLC
      0.06%
      0.06%
    • PepsiCo
      0.05%
      0.05%
    • Fonterra
      0.04%
      0.04%

Fund Provider Response

At ANZ, our approach to responsible investment includes ESG integration, stewardship, and exclusions. We integrate ESG considerations in our evaluation of companies and selection of external investment managers. We demonstrate stewardship through direct engagement and proxy voting and indirectly through the expectations we have of our external managers. We also exclude some companies and industries based on their involvement in specified activities, or for breaching global norms. Please see our website for further information on our approach to responsible investment: https://www.anz.co.nz/personal/investing-kiwisaver/about-anz-investments/responsible-investing/

From the Fund Provider

  • About this fund

    About this Fund

    The International Fixed Interest Fund invests mainly in international fixed interest assets. Investments may include fixed interest assets issued by governments or international companies, and cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is broadly in line with the relevant market index.

    Value $4.56M NZD
    Period of data report 31st March 2025
    Fund started 19th Sept. 2013
    Total annual fund fees 0.62%
    Total performance based fees 0.0%
    Manager's basic fee 0.45%
    Other management and administration charges 0.17%
    Total other charges 0.0
    Total other charges currency NZD

    George Crosby

    Currently: Chief Investment Officer (1 years, 1 months)
    Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

    Mathew Young

    Currently: Deputy Chief Investment Officer (1 years, 0 months)
    Previously: Head of FX Strategy and Implementation, ANZ Bank New Zealand Limited (5 years, 1 months)

    Qing Ding

    Currently: Head of Asset Allocation (0 years, 7 months)
    Previously: Portfolio Manager, New Zealand Superannuation Fund (2 years, 2 months)

    Paul Gregory

    Currently: Head of Investment Partnerships (1 years, 0 months)
    Previously: Executive Director, Response and Enforcement, Financial Markets Authority (3 years, 4 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 3.87% 2.42%
    2024 3.43% 2.31%
    2023 -0.79% -5.04%
    2022 -2.46% -3.62%
    2021 2.15% -0.55%
    2020 1.75% 5.56%
    2019 2.76% 2.85%
    2018 1.94% 1.13%
    2017 1.52% 0.38%
    2016 2.91% 2.96%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • Tba Umbs Single Family 30Yr 6.5 06/25

      United States Int Fixed Interest

      5.63%
    • Tba Umbs Single Family 30Yr 5.0 05/25

      United States Int Fixed Interest

      2.64%
    • Tba Umbs Single Family 30Yr 6.0 06/25

      United States Int Fixed Interest

      2.46%
    • Tba Gnma2 Single Family 30Yr 3.0 04/25 3%

      United States Int Fixed Interest

      0.98%
    • United States Bond Fixed 4.5% 15-Nov-54

      United States Int Fixed Interest

      0.93%
    • Gnma Ii Mortpass 3.5% 20/Mar/2055 Sf Pn# Mb0255 Us3618N5H931

      United States Int Fixed Interest

      0.83%
    • French Republic Bond Fixed 2.75% 25/Feb/2030

      France Int Fixed Interest

      0.77%
    • Japan Bill Zero Cpn 12/May/2025

      Japan Int Fixed Interest

      0.76%
    • United States Bond Fixed 4.125% 15-Aug-44

      United States Int Fixed Interest

      0.51%
    • United States Bond Fixed 4.625% 15-Feb-55

      United States Int Fixed Interest

      0.51%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.0%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 100.0% 100.0%
    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 by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 0.85% Animal Cruelty
  • 1.62% Human Rights Violations
  • 0.22% Social Harm
  • 2.89% Fossil Fuels
  • 0.03% Weapons
  • 0.67% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • PPG Industries, Inc.
      0.10%
      0.10%
    • The Clorox Co.
      0.10%
      0.10%
    • Kimberly-Clark Corp.
      0.09%
      0.09%
    • Givaudan Finance Europe Bv
      0.08%
      0.08%
    • Henkel AG & Co. Kgaa
      0.08%
      0.08%
    • Church & Dwight Co., Inc.
      0.07%
      0.07%
    • The Sherwin-Williams Co.
      0.07%
      0.07%
    • Unilever PLC
      0.06%
      0.06%
    • Essity
      0.05%
      0.05%
    • Ecolab, Inc.
      0.04%
      0.04%
    • L'Oréal SA
      0.04%
      0.04%
    • Lyb International Finance Ii Bv
      0.03%
      0.03%
    • Colgate-Palmolive Co.
      0.02%
      0.02%
    • Reliance Industries 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
      0.02%
  • Human Rights Violations

    • 0.44%
    • UBS
      0.42%
      0.42%
    • Wells Fargo
      0.32%
      0.32%
    • 0.11%
    • Holcim
      0.06%
      0.06%
    • Saudi Aramco
      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
      0.03%
  • Fossil Fuels

    • Totalenergies Se
      0.51%
      !!
      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
      0.51%
    • Enel
      0.49%
      1.5°C
      This company is on a 1.5°C pathway
      0.49%
    • Pacificorp.
      0.36%
      0.36%
    • Oneok, Inc.
      0.18%
      0.18%
    • Enterprise Products Partners Lp
      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
      0.13%
    • Kinder Morgan, Inc.
      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
      0.11%
    • Cassa Depositi E Prestiti Spa
      0.09%
      0.09%
    • Snam Spa
      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
      0.09%
    • Centrica PLC
      0.08%
      0.08%
    • Enbridge, Inc.
      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
      0.08%
    • Korea Electric Power Corporation (Kepco)
      0.08%
      0.08%
    • Keyera 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
      0.07%
    • Midamerican Energy Co.
      0.07%
      0.07%
    • BHP
      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
      0.06%
    • Pembina Pipeline 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
      0.05%
    • The Weir Group PLC
      0.05%
      0.05%
    • Cheniere 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
      0.04%
    • Enel Chile SA
      0.04%
      1.5°C
      This company is on a 1.5°C pathway
      0.04%
    • Sgs Nederland Holding Bv
      0.04%
      0.04%
    • Evergy, Inc.
      0.03%
      0.03%
    • Lyb International Finance Ii Bv
      0.03%
      0.03%
    • National Grid North America, 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
      0.03%
    • National Grid PLC
      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
      0.03%
    • Naturgy Finance Bv
      0.03%
      0.03%
    • Qatarenergy
      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
      0.03%
    • Saudi Aramco
      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
      0.03%
    • Fairfax Financial Holdings Ltd.
      0.02%
      0.02%
    • 0.02%
    • Reliance Industries 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
      0.02%
    • Contact Energy Ltd.
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
  • Weapons

    • Hexcel Corp.
      0.03%
      0.03%
  • Environmental Harm

    • Coca-Cola
      0.40%
      0.40%
    • BHP
      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
      0.06%
    • 0.06%
    • Unilever PLC
      0.06%
      0.06%
    • PepsiCo
      0.05%
      0.05%
    • Fonterra
      0.04%
      0.04%

Fund Provider Response

At ANZ, our approach to responsible investment includes ESG integration, stewardship, and exclusions. We integrate ESG considerations in our evaluation of companies and selection of external investment managers. We demonstrate stewardship through direct engagement and proxy voting and indirectly through the expectations we have of our external managers. We also exclude some companies and industries based on their involvement in specified activities, or for breaching global norms. Please see our website for further information on our approach to responsible investment: https://www.anz.co.nz/personal/investing-kiwisaver/about-anz-investments/responsible-investing/

About this Fund

The International Fixed Interest Fund invests mainly in international fixed interest assets. Investments may include fixed interest assets issued by governments or international companies, and cash and cash equivalents.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is broadly in line with the relevant market index.

Value $4.56M NZD
Period of data report 31st March 2025
Fund started 19th Sept. 2013
Total annual fund fees 0.62%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.17%
Total other charges 0.0
Total other charges currency NZD

George Crosby

Currently: Chief Investment Officer (1 years, 1 months)
Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

Mathew Young

Currently: Deputy Chief Investment Officer (1 years, 0 months)
Previously: Head of FX Strategy and Implementation, ANZ Bank New Zealand Limited (5 years, 1 months)

Qing Ding

Currently: Head of Asset Allocation (0 years, 7 months)
Previously: Portfolio Manager, New Zealand Superannuation Fund (2 years, 2 months)

Paul Gregory

Currently: Head of Investment Partnerships (1 years, 0 months)
Previously: Executive Director, Response and Enforcement, Financial Markets Authority (3 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 3.87% 2.42%
2024 3.43% 2.31%
2023 -0.79% -5.04%
2022 -2.46% -3.62%
2021 2.15% -0.55%
2020 1.75% 5.56%
2019 2.76% 2.85%
2018 1.94% 1.13%
2017 1.52% 0.38%
2016 2.91% 2.96%

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 31st March 2025.

Top 10 Investments

  • Tba Umbs Single Family 30Yr 6.5 06/25

    United States Int Fixed Interest

    5.63%
  • Tba Umbs Single Family 30Yr 5.0 05/25

    United States Int Fixed Interest

    2.64%
  • Tba Umbs Single Family 30Yr 6.0 06/25

    United States Int Fixed Interest

    2.46%
  • Tba Gnma2 Single Family 30Yr 3.0 04/25 3%

    United States Int Fixed Interest

    0.98%
  • United States Bond Fixed 4.5% 15-Nov-54

    United States Int Fixed Interest

    0.93%
  • Gnma Ii Mortpass 3.5% 20/Mar/2055 Sf Pn# Mb0255 Us3618N5H931

    United States Int Fixed Interest

    0.83%
  • French Republic Bond Fixed 2.75% 25/Feb/2030

    France Int Fixed Interest

    0.77%
  • Japan Bill Zero Cpn 12/May/2025

    Japan Int Fixed Interest

    0.76%
  • United States Bond Fixed 4.125% 15-Aug-44

    United States Int Fixed Interest

    0.51%
  • United States Bond Fixed 4.625% 15-Feb-55

    United States Int Fixed Interest

    0.51%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.0%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 100.0%
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 by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.