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
Abu Dhabi National Energy Co. PJSC 0.06%
Aes Corp. 0.02%
Aker BP Asa 0.02%
Anglo American Capital PLC 0.07%
Apt Pipelines Ltd. 0.04%
Basf Se 0.06%
BHP Billiton Finance Usa Ltd. 0.05%
BP Capital Markets America Inc. 0.10%
BP Capital Markets PLC 0.16%
Canadian Natural Resources Ltd. 0.02%
Canadian Pacific Railway Co. 0.02%
Centrica PLC 0.03%
Cez As 0.06%
Chevron Corp. 0.11%
China Cinda Finance 2015 I Ltd. 0.04%
Citic Ltd. 0.03%
Ck Hutchison Europe Finance 18 Ltd. 0.02%
Ck Hutchison Finance 16 Ltd. 0.02%
Ck Hutchison International 17 Ii Ltd. 0.04%
Ck Hutchison International 20 Ltd. 0.04%
Clp Power Hong Kong Financing Ltd. 0.03%
Cnac Hk Finbridge Co. Ltd. 0.11%
Cnooc Finance 2012 Ltd. 0.04%
Cnooc Finance 2015 Usa Llc 0.03%
Cnooc Petroleum North America Ulc 0.04%
Coca-Cola Co. 0.20%
Coentreprise De Transport D'Electricite SA 0.02%
Conocophillips 0.04%
Conocophillips Co. 0.04%
Diamondback Energy Inc. 0.02%
Dte Energy Co. 0.02%
E.On Se 0.06%
Ecopetrol SA 0.05%
Edp - Energias De Portugal SA 0.02%
Electricite De France SA 0.22%
Enagas Financiaciones SA 0.02%
Enbridge Inc. 0.02%
Enbw Energie Baden-Wuerttemberg AG 0.12%
Enel Finance International Nv 0.10%
Enel Spa 0.06%
Energy Transfer Operating Lp 0.06%
Energy Transfer Partners Lp / Regency Energy Finance Corp. 0.02%
Engie SA 0.14%
Eni Spa 0.10%
Eog Resources Inc. 0.02%
Equinor Asa 0.15%
Esb Finance Dac 0.02%
Eustream As 0.02%
Exxon Mobil Corp. 0.20%
Gazprom Neft Oao Via Gpn Capital SA 0.04%
Gazprom PJSC Via Gaz Capital SA 0.02%
Gazprom PJSC Via Gaz Finance PLC 0.05%
Glencore Capital Finance Dac 0.04%
Glencore Finance Europe Ltd. 0.04%
Glencore Funding Llc 0.04%
Grupo De Inversiones Suramericana SA 0.04%
Hess Corp. 0.02%
Iberdrola Finanzas SA 0.04%
Iberdrola International Bv 0.04%
Indonesia Asahan Aluminium Persero Pt 0.04%
Kazmunaygas National Co. Jsc 0.06%
Kinder Morgan Energy Partners Lp 0.04%
Kinder Morgan Inc. 0.03%
Korea Gas Corp. 0.04%
Lukoil International Finance Bv 0.03%
Lyb International Finance Ii Bv 0.06%
Magellan Midstream Partners Lp 0.02%
Marathon Petroleum Corp. 0.04%
Minejesa Capital Bv 0.03%
Mplx Lp 0.10%
Naturgy Finance Bv 0.06%
Nederlandse Gasunie Nv 0.04%
Nextera Energy Capital Holdings Inc. 0.02%
Norfolk Southern Corp. 0.04%
Omers Finance Trust 0.07%
OMV AG 0.05%
Oneok Inc. 0.02%
Ongc Videsh Ltd. 0.04%
Orsted A/S 0.05%
Pacificorp 0.04%
Pertamina Persero Pt 0.08%
Perusahaan Perseroan Persero Pt Perusahaan Listrik Negara 0.09%
Phillips 66 0.04%
Posco 0.03%
Pttep Treasury Center Co. Ltd. 0.03%
Repsol International Finance Bv 0.04%
Rio Tinto Finance Usa Ltd. 0.02%
Saudi Arabian Oil Co. 0.09%
Shell International Finance Bv 0.28%
Sinopec Capital 2013 Ltd. 0.02%
Sinopec Group Overseas Development 2012 Ltd. 0.03%
Sinopec Group Overseas Development 2017 Ltd. 0.08%
Sinopec Group Overseas Development 2018 Ltd. 0.04%
Snam Spa 0.04%
Southern Power Co. 0.03%
Sse PLC 0.02%
Suncor Energy Inc. 0.03%
Thaioil Treasury Center Co. Ltd. 0.04%
Total Capital International SA 0.14%
Total Se 0.06%
Valero Energy Corp. 0.04%
Vier Gas Transport Gmbh 0.02%
Wec Energy Group Inc. 0.04%
Williams Cos. Inc. 0.04%
Wintershall Dea Finance Bv 0.04%
Weapons
Airbus Finance Bv 0.04%
Airbus Se 0.02%
Babcock International Group PLC 0.02%
Bae Systems PLC 0.02%
Boeing Co. 0.13%
Honeywell International Inc. 0.06%
Northrop Grumman Corp. 0.02%
Raytheon Technologies Corp. 0.10%
Tobacco
Altria Group Inc. 0.10%
Bat International Finance PLC 0.11%
Imperial Brands Finance PLC 0.07%
Philip Morris International Inc. 0.09%
Reynolds American Inc. 0.04%
Gambling
Sands China Ltd. 0.07%
Alcohol
Anheuser-Busch Cos. Llc / Anheuser-Busch Inbev Worldwide Inc. 0.13%
Anheuser-Busch Inbev SA/Nv 0.18%
Anheuser-Busch Inbev Worldwide Inc. 0.18%
Asahi Group Holdings Ltd. 0.04%
Bacardi Ltd. 0.02%
Carlsberg Breweries As 0.02%
Constellation Brands Inc. 0.03%
Diageo Investment Corp. 0.02%
Heineken Nv 0.06%
LVMH Moet Hennessy Louis Vuitton Se 0.06%
Pernod Ricard SA 0.05%
Palm Oil
Cargill Inc. 0.02%
Posco 0.03%
Human Rights & Environmental Violations
Adani Ports & Special Economic Zone Ltd. 0.03%
BHP Billiton Finance Usa Ltd. 0.05%
Bunge Finance Europe Bv 0.02%
Cargill Inc. 0.02%
Duke Energy Corp. 0.04%
Glencore Capital Finance Dac 0.04%
Glencore Finance Europe Ltd. 0.04%
Glencore Funding Llc 0.04%
Johnson & Johnson 0.11%
Mmc Norilsk Nickel Ojsc Via Mmc Finance Dac 0.02%
Nestle Finance International Ltd. 0.06%
Nestle Holdings Inc. 0.09%
Nutrien Ltd. 0.02%
Posco 0.03%
Rio Tinto Finance Usa Ltd. 0.02%
Shell International Finance Bv 0.28%
Southern Copper Corp. 0.04%
Vale Overseas Ltd. 0.06%
Animal Testing
Air Liquide Finance SA 0.040%
Air Products and Chemicals Inc. 0.060%
Akzo Nobel Nv 0.020%
Albemarle Corp. 0.020%
Altria Group Inc. 0.100%
Argentum Netherlands Bv For Zurich Insurance Co. Ltd. 0.020%
Arkema SA 0.060%
Asahi Group Holdings Ltd. 0.040%
Basf Se 0.060%
Bat International Finance PLC 0.110%
Bayer AG 0.060%
Bayer Capital Corp. Bv 0.100%
Bayer US Finance Ii Llc 0.080%
Cargill Inc. 0.020%
Celanese US Holdings Llc 0.020%
Cnac Hk Finbridge Co. Ltd. 0.110%
Coca-Cola Co. 0.200%
Covestro AG 0.020%
Danone SA 0.090%
Dow Chemical Co. 0.090%
Dupont De Nemours Inc. 0.060%
Ecolab Inc. 0.020%
General Mills Inc. 0.040%
Glaxosmithkline Capital Inc. 0.040%
Glaxosmithkline Capital PLC 0.110%
Honeywell International Inc. 0.060%
Imperial Brands Finance PLC 0.070%
Johnson & Johnson 0.110%
Kerry Group Financial Services Unltd Co. 0.020%
Keurig Dr Pepper Inc. 0.020%
Kimberly-Clark Corp. 0.040%
Koninklijke Dsm Nv 0.020%
Linde Finance Bv 0.020%
LVMH Moet Hennessy Louis Vuitton Se 0.060%
Lyb International Finance Ii Bv 0.060%
Mondelez International Holdings Netherlands Bv 0.040%
Mondelez International Inc. 0.050%
Nestle Finance International Ltd. 0.060%
Nestle Holdings Inc. 0.090%
Nutrien Ltd. 0.020%
Orbia Advance Corp. Sab De Cv 0.020%
Pepsico Inc. 0.200%
Philip Morris International Inc. 0.090%
PPG Industries Inc. 0.020%
Procter & Gamble Co. 0.110%
Shell International Finance Bv 0.280%
Syngenta Finance Nv 0.040%
Tesco Corporate Treasury Services PLC 0.020%
Unilever Capital Corp. 0.060%
Unilever Nv 0.020%
Unilever PLC 0.020%
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% | 0.79% |
| 2019 | 2.69% | 3.15% |
| 2018 | 2.37% | 1.54% |
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:
-
Vanguard International Credit Securities Index Fund Hedged
Australia Int Fixed Interest95.39% -
Westpac NZD Current Account
New Zealand Cash and Equivalents1.44%
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% | 1.49% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 100.0% | 98.51% |
| 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:0.93%
-
Animal Testing:4.06%
-
Fossil Fuels:7.39%
-
Gambling:0.08%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:1.25%
-
Palm Oil:0.07%
-
Tobacco:0.56%
-
Weapons:0.86%
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 non-government bond markets of developed economies."
| Value | $57M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | 121 |
| Fund started | Fri Oct. 28th 2016 |
| Total annual fund fees | 0.44% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.43% |
| 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.
