Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including any membership and % management fee.
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.
Fossil Fuel
Diamondback Energy Inc 011224 2.875% Cb 0.21%
Dominion Energy Gas Holdings Llc 150621 Frn 0.14%
Electricite De France SA 131020 2.35% Cb 0.07%
Enbridge Inc 180222 Frn 0.27%
Enel Finance International Nv 170624 0.0% Cb 0.16%
Energy Transfer Partner Lp 150424 4.50% Cb 0.07%
Nextera Energy Capital Holdings Inc 250222 Frn 0.21%
Occidental Petroleum Corp 150822 Frn 0.12%
Petrobras Global Finance Bv 150130 5.093% Cb 0.31%
Petrobras Global Finance Bv 170344 7.25% Cb 0.08%
Petroleos Mexicanos 210947 6.75% Gb 0.05%
Saudi Arabian Oil Co 160422 2.75% Cb 0.14%
Southern Power Co 201220 Frn 0.07%
Gambling
Las Vegas Sands Corp 250625 2.90% Cb 0.21%
Sands China Ltd 080828 5.4% Cb 0.15%
Alcohol
Bacardi Ltd 150121 4.5% Cb 0.07%
Animal Testing
Bayer US Finance Ii Llc 151228 4.375% Cb 0.160%
General Mills Inc 160421 Frn 0.070%
Reckitt Benckiser Treasury Services PLC 24/06/22 2.375% Cb 0.410%
Tesco Property Finance PLC 13/07/44 Sf 0.430%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.
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.
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 |
|---|---|---|
| 2020 | 1.67% | 2.41% |
| 2019 | 2.69% | 3.04% |
| 2018 | 2.37% | 2.75% |
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 Wed Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
United States Treasury 03/12/20 0.00% Gb
United States Int Fixed Interest3.6809% -
Qnb Finance Ltd 12/02/22 Frn
Cayman Islands Int Fixed Interest1.8109% -
USD BNP Paribas A/C
United States Cash and Equivalents1.6535% -
China Development Bank 10/04/27 4.04% Gb
China Int Fixed Interest1.6239% -
Westpac NZD Current Account
New Zealand Cash and Equivalents1.49% -
Spain Government 31/10/30 1.25% Gb
Spain Int Fixed Interest A1.4763% -
Japan Government 20/09/35 1.20% Gb
Japan Int Fixed Interest A+1.4665% -
China Development Bank 24/08/27 4.24% Gb
China Int Fixed Interest1.1614% -
United States Treasury 15/01/28 0.5% Ilb
United States Int Fixed Interest1.1023% -
United States Treasury 30/04/25 2.875% Gb
United States Int Fixed Interest1.0629%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 3.39% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 100.0% | 96.61% |
| 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% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.
Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).
The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.
-
Issue of concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.07%
-
Animal Testing:1.07%
-
Fossil Fuels:1.90%
-
Gambling:0.36%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.00%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.00%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.
Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.
Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.
In their own words
"Invests in international bonds and designed to reflect the return (before tax fees and other expenses) on international bond markets of developed economies."
| Value | $62M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | 306 |
| Fund started | Fri Oct. 28th 2016 |
| Total annual fund fees | 0.49% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.48% |
| Administration charges | 0.01% |
| Total other charges | 12.0 |
| Total other charges currency | NZD |
Key Personnel
|
Guy Roulston Elliffe |
Currently: Director (4 years, 10 months) |
|
Stuart Kenneth Reginald Millar |
Currently: Chief Investment Officer - Smartshares (1 years, 4 months) |
|
Hugh Duncan Stevens |
Currently: Chief Executive Officer - Smartshares (2 years, 7 months) |
|
Alister John Williams |
Currently: Director (4 years, 10 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
