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

    • Rio Tinto Ltd 4.82%
    • BHP Group Ltd 12.06% !!
      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
    • Orica Ltd 2.05%
    • BHP Group Ltd 12.06% !!
      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
    • Woodside Energy Group Ltd 5.34% !!
      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 Ltd 4.82%
    • Santos Ltd 3.68% !!
      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
    • Orica Ltd 2.05%
    • Ampol Ltd 1.66%

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. 2023 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 Australian Share Fund invests mainly in Australian equities. Investments may include: Equities in companies that are listed or are soon to be listed on the Australian stock exchange, 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 outperforms the relevant market index.

Value $21.1M NZD
Period of data report 30th Sept. 2023
Fund started 29th Feb. 1996
Total annual fund fees 1.13%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Other management and administration charges 0.13%
Total other charges 0.0
Total other charges currency NZD

Paul Huxford

Currently: Chief Investment Officer, New Zealand (5 years, 3 months)
Previously: Acting Chief Investment Officer, ANZ Bank New Zealand Limited (0 years, 3 months)

Maaike Van Tol

Currently: Head of Asset Allocation (4 years, 7 months)
Previously: Senior Asset Allocation Manager, ANZ Bank New Zealand Limited (1 years, 8 months)

Helen Skinner

Currently: Head of Responsible Investing (1 years, 4 months)
Previously: Head of Emerging Wealth, Craigs Investment Partners (1 years, 2 months)

Heath Smith

Currently: Senior Investment Analyst (0 years, 4 months)
Previously: Client Relationship Manager (Wholesale and Institutional), ANZ Bank New Zealand Limited (6 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.

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
2023 -5.17% -1.79%
2022 3.53% 14.25%
2021 35.55% 46.53%
2020 -7.06% -24.05%
2019 10.17% -4.01%
2018 7.53% -1.51%
2017 9.49% 6.53%
2016 4.71% -3.13%
2015 14.67% 5.47%
2014 10.13% 1.05%

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. 2023.

Top 10 Investments

  • BHP Billiton Ltd
    Australia Australasian Equities
    12.06%
  • ANZ Banking Group Ltd
    Australia Australasian Equities
    6.22%
  • Cash Deposit (J.P. Morgan AUD)
    Australia Cash and Equivalents A-1
    5.67%
  • Woodside Energy Group
    Australia Australasian Equities
    5.34%
  • Telstra Corp Ltd
    Australia Australasian Equities
    5.17%
  • CSL Limited
    Australia Australasian Equities
    4.95%
  • Qbe Insurance Group
    Australia Australasian Equities
    4.87%
  • Rio Tinto Limited
    Australia Australasian Equities
    4.82%
  • Santos Limited
    Australia Australasian Equities
    3.68%
  • Coles Group Ltd
    Australia Australasian Equities
    3.58%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.01%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 99.99%
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.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.