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 defensive funds is 1.99%.
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
Where companies are involved in the development or release of GMO plants and seeds.
Where companies are involved in the production or distribution of highly hazardous pesticides, according to the PAN International List of Highly Hazardous Pesticides.
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
Acquired Credit Suisse in 2023, a bank with very poor governance which aided clients with tax evasion and money laundering. As a result, UBS has inherited ongoing regulatory fines and lawsuits relating to these failures. UBS has also been subject to lawsuits relating to its own manipulation of foreign exchange and interbank rates. It holds a provision of USD $4bn for claims (which may not be sufficient).
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 are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
Where companies are involved in the development or release of GMO plants and seeds.
Where companies are involved in the production or distribution of highly hazardous pesticides, according to the PAN International List of Highly Hazardous Pesticides.
The Fund invests in a diversified portfolio of actively managed fixed interest securities, cash and derivatives. The predominant investment is in securities issued by governments, supranationals, local authorities, and corporates. The Fund may also invest in emerging market debt, asset backed securities, mortgage backed securities, structured notes, bank loans, high yield securities, mortgage derivatives, preferred securities, unrated securities, cash and cash equivalents, and derivative instruments, including currency hedging instruments.
| Value | $2.15B NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 15th March 2017 |
| Total annual fund fees | 0.53% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.49% |
| Other management and administration charges | 0.04% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Tony Hildyard |
Currently: Senior Portfolio Specialist (3 years, 3 months)
|
|
Sachin Gupta |
Currently: Executive Vice President and Global Portfolio Manager, Pacific Investment Management Co. (21 years, 0 months)
|
|
Andrew Balls |
Currently: CIO Global Fixed Income, Pacific Investment Management Co. (11 years, 1 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 | 3.59% | 5.76% |
| 2023 | -0.79% | -4.13% |
| 2022 | -2.46% | -3.3% |
| 2021 | 2.15% | 4.87% |
| 2020 | 1.75% | 1.91% |
| 2019 | 2.76% | 2.86% |
| 2018 | 1.94% | 2.8% |
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.
Umbs Mortpass 6% 07/54
United States Int Fixed Interest AA+
Umbs Mortpass 6% 07/54
United States Int Fixed Interest AA+
US Dollar
United States Cash and Equivalents A-1
Umbs Mortpass 6.5% 12/53
United States Int Fixed Interest AA+
Tba Umbs Single Family 5%
United States Int Fixed Interest AA+
United 4.125% 08/44
United States Int Fixed Interest AA+
Nederlandse 2.5% 09/27
Netherlands Int Fixed Interest AAA
Repurchase 4.66% 01/25
United States Int Fixed Interest AA+
Umbs Mortpass 6% 12/53
United States Int Fixed Interest AA+
Umbs Mortpass 6.5% 08/53
United States Int Fixed Interest AA+
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 3.28% |
| New Zealand Fixed Interest | 0.0% | 0.01% |
| International Fixed Interest | 100.0% | 96.71% |
| 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% |
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 testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
Where companies are involved in the development or release of GMO plants and seeds.
Where companies are involved in the production or distribution of highly hazardous pesticides, according to the PAN International List of Highly Hazardous Pesticides.
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
Acquired Credit Suisse in 2023, a bank with very poor governance which aided clients with tax evasion and money laundering. As a result, UBS has inherited ongoing regulatory fines and lawsuits relating to these failures. UBS has also been subject to lawsuits relating to its own manipulation of foreign exchange and interbank rates. It holds a provision of USD $4bn for claims (which may not be sufficient).
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 are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
Where companies are involved in the development or release of GMO plants and seeds.
Where companies are involved in the production or distribution of highly hazardous pesticides, according to the PAN International List of Highly Hazardous Pesticides.
The Fund invests in a diversified portfolio of actively managed fixed interest securities, cash and derivatives. The predominant investment is in securities issued by governments, supranationals, local authorities, and corporates. The Fund may also invest in emerging market debt, asset backed securities, mortgage backed securities, structured notes, bank loans, high yield securities, mortgage derivatives, preferred securities, unrated securities, cash and cash equivalents, and derivative instruments, including currency hedging instruments.
| Value | $2.15B NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 15th March 2017 |
| Total annual fund fees | 0.53% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.49% |
| Other management and administration charges | 0.04% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Tony Hildyard |
Currently: Senior Portfolio Specialist (3 years, 3 months)
|
|
Sachin Gupta |
Currently: Executive Vice President and Global Portfolio Manager, Pacific Investment Management Co. (21 years, 0 months)
|
|
Andrew Balls |
Currently: CIO Global Fixed Income, Pacific Investment Management Co. (11 years, 1 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 | 3.59% | 5.76% |
| 2023 | -0.79% | -4.13% |
| 2022 | -2.46% | -3.3% |
| 2021 | 2.15% | 4.87% |
| 2020 | 1.75% | 1.91% |
| 2019 | 2.76% | 2.86% |
| 2018 | 1.94% | 2.8% |
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.
Umbs Mortpass 6% 07/54
United States Int Fixed Interest AA+
Umbs Mortpass 6% 07/54
United States Int Fixed Interest AA+
US Dollar
United States Cash and Equivalents A-1
Umbs Mortpass 6.5% 12/53
United States Int Fixed Interest AA+
Tba Umbs Single Family 5%
United States Int Fixed Interest AA+
United 4.125% 08/44
United States Int Fixed Interest AA+
Nederlandse 2.5% 09/27
Netherlands Int Fixed Interest AAA
Repurchase 4.66% 01/25
United States Int Fixed Interest AA+
Umbs Mortpass 6% 12/53
United States Int Fixed Interest AA+
Umbs Mortpass 6.5% 08/53
United States Int Fixed Interest AA+
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 3.28% |
| New Zealand Fixed Interest | 0.0% | 0.01% |
| International Fixed Interest | 100.0% | 96.71% |
| 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% |
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.
