Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed aggressive funds is 12.02%.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Operates electric and natural gas transmission systems in the UK and US. It also operates facilities for storing LNG. including the Grain LNG terminal in the UK which is the largest LNG facility in Europe and 8th globally.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Enel is Europe’s largest electric utilities company by market capitalisation and holds a 70.1% stake in the energy company, Endesa. Evidence shows that energy generated from fossil fuels accounts for 15% of the company’s revenues. However, the company have announced plans to abandon coal by 2027 and gas by 2040, while investing significantly in expanding their renewable energy capacity. By 2030, the company expects to have invested a total of EUR €70 billion in renewable energy. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Iberdrola is a Spanish energy company, and one of the largest utilities in the world with electric utility operations in nearly 40 countries. Evidence shows that energy generated from oil and gas accounts for 15% of the company’s revenues. However, the company currently generates 80% of their electricity from renewable sources and have committed to achieving net-zero emissions by 2040. The company reports a total investment of EUR €150 billion is planned for this decade to enable its energy transition. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
The fund invests in shares of listed companies around the world that own or operate infrastructure assets. The infrastructure sector includes operating assets from the transport, utilities, energy, and communications sectors. The assets held by these companies typically offer high barriers to entry, pricing power, and structural growth. The strategy is based on active, bottom-up security selection which seeks to identify mispricing. The fund seeks to minimise risk through on-the-ground research, an emphasis on quality, and sensible portfolio construction. The fund focuses on infrastructure companies that are delivering sustainable solutions from an environmental, social, and economic point of view; and that are seeking to contribute to, or benefit from sustainable development. Currency exposure will be hedged back into New Zealand dollars using forward currency contract derivatives.
| Value | $364M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 17th Dec. 2013 |
| Total annual fund fees | 0.99% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.96% |
| Other management and administration charges | 0.03% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Peter Meany |
Currently: Head of Global Listed Infrastructure (17 years, 11 months)
|
|
Rebecca Sherlock |
Currently: Portfolio Manager (7 years, 6 months)
|
|
Trent Koch |
Currently: Portfolio Manager (10 years, 8 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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% | -2.35% |
| 2023 | -4.85% | -9.65% |
| 2022 | 3.53% | 12.04% |
| 2021 | 35.55% | 21.08% |
| 2020 | -7.06% | -11.96% |
| 2019 | 10.17% | 16.29% |
| 2018 | 7.53% | -0.57% |
| 2017 | 9.49% | 13.62% |
| 2016 | 4.71% | 6.3% |
| 2015 | 14.67% | 21.92% |
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 Dec. 2024.
American Electric Power Company Inc
United States International Equities
Nextera Energy Inc
United States International Equities
Union Pacific Corp
United States International Equities
Exelon Corporation
United States International Equities
American Twr Reit Inc
United States International Equities
Xcel Energy Inc
United States International Equities
Csx Corp Com
United States International Equities
Norfolk Southern Corp USD
United States International Equities
Dominion Energy Inc
United States International Equities
National Grid
United Kingdom International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 4.32% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 3.73% |
| International Equities | 100.0% | 96.66% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | -4.71% |
| Commodities | 0.0% | 0.0% |
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 Dec. 2024.
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.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Operates electric and natural gas transmission systems in the UK and US. It also operates facilities for storing LNG. including the Grain LNG terminal in the UK which is the largest LNG facility in Europe and 8th globally.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Enel is Europe’s largest electric utilities company by market capitalisation and holds a 70.1% stake in the energy company, Endesa. Evidence shows that energy generated from fossil fuels accounts for 15% of the company’s revenues. However, the company have announced plans to abandon coal by 2027 and gas by 2040, while investing significantly in expanding their renewable energy capacity. By 2030, the company expects to have invested a total of EUR €70 billion in renewable energy. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Iberdrola is a Spanish energy company, and one of the largest utilities in the world with electric utility operations in nearly 40 countries. Evidence shows that energy generated from oil and gas accounts for 15% of the company’s revenues. However, the company currently generates 80% of their electricity from renewable sources and have committed to achieving net-zero emissions by 2040. The company reports a total investment of EUR €150 billion is planned for this decade to enable its energy transition. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
The fund invests in shares of listed companies around the world that own or operate infrastructure assets. The infrastructure sector includes operating assets from the transport, utilities, energy, and communications sectors. The assets held by these companies typically offer high barriers to entry, pricing power, and structural growth. The strategy is based on active, bottom-up security selection which seeks to identify mispricing. The fund seeks to minimise risk through on-the-ground research, an emphasis on quality, and sensible portfolio construction. The fund focuses on infrastructure companies that are delivering sustainable solutions from an environmental, social, and economic point of view; and that are seeking to contribute to, or benefit from sustainable development. Currency exposure will be hedged back into New Zealand dollars using forward currency contract derivatives.
| Value | $364M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 17th Dec. 2013 |
| Total annual fund fees | 0.99% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.96% |
| Other management and administration charges | 0.03% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Peter Meany |
Currently: Head of Global Listed Infrastructure (17 years, 11 months)
|
|
Rebecca Sherlock |
Currently: Portfolio Manager (7 years, 6 months)
|
|
Trent Koch |
Currently: Portfolio Manager (10 years, 8 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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% | -2.35% |
| 2023 | -4.85% | -9.65% |
| 2022 | 3.53% | 12.04% |
| 2021 | 35.55% | 21.08% |
| 2020 | -7.06% | -11.96% |
| 2019 | 10.17% | 16.29% |
| 2018 | 7.53% | -0.57% |
| 2017 | 9.49% | 13.62% |
| 2016 | 4.71% | 6.3% |
| 2015 | 14.67% | 21.92% |
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 Dec. 2024.
American Electric Power Company Inc
United States International Equities
Nextera Energy Inc
United States International Equities
Union Pacific Corp
United States International Equities
Exelon Corporation
United States International Equities
American Twr Reit Inc
United States International Equities
Xcel Energy Inc
United States International Equities
Csx Corp Com
United States International Equities
Norfolk Southern Corp USD
United States International Equities
Dominion Energy Inc
United States International Equities
National Grid
United Kingdom International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 4.32% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 3.73% |
| International Equities | 100.0% | 96.66% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | -4.71% |
| Commodities | 0.0% | 0.0% |
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 Dec. 2024.
