Funds

Lighthouse Global Equity 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 30th Sept. 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

The fund invests in very large capitalisation stocks and Exchange Traded Funds listed on the NYSE and Nasdaq stock markets. It may use leverage of up to 30% of NAV. The fund's foreign currency exposures are not hedged back to New Zealand dollars.

Value $13.2M NZD
Period of data report 30th Sept. 2024
Fund started 17th March 2021
Total annual fund fees 5.83%
Total performance based fees 4.77%
Manager's basic fee 0.13%
Other management and administration charges 0.92%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Mark Donnell

Currently: Investment Manager, Lighthouse Funds LP (11 years, 6 months)
Previously: Investment banker, Woodward Partners (6 years, None months)

Andrew Ormsby

Currently: Investment Manager, Lighthouse Funds LP (11 years, 6 months)
Previously: Wholesale Manager, OMFinancial (6 years, None months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 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% 66.98%
2023 -4.85% -4.91%
2022 3.53% -2.4%

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. 2024.

Top 10 Investments

  • Applovin Corp
    United States International Equities
    16.04%
  • Royal Caribbean Cruises Ltd
    United States International Equities
    11.99%
  • Arista Networks
    United States International Equities
    11.44%
  • Nvidia Ord
    United States International Equities
    10.99%
  • Deckers Outdoor Corp
    United States International Equities
    10.59%
  • Sea Ltd. (Singapore)-A
    United States International Equities
    7.67%
  • Invesco Powershares Qqq
    United States International Equities
    6.98%
  • Monolithic Power Systems
    United States International Equities
    6.32%
  • Alnylam Pharmaceuticals Inc
    United States International Equities
    6.2%
  • Netflix Inc
    United States International Equities
    5.92%
Type Target Actual
Cash and Cash Equivalents 0.0% -4.85%
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% 104.85%
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 Sept. 2024.