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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 0.48%
    • Nestle SA-Reg 0.28%
    • Johnson & Johnson 0.27%
    • Rio Tinto Ltd 0.16%
    • Thermo Fisher Scientific Inc 0.14%
    • Wells Fargo & Co 0.11%
    • Caterpillar Inc 0.10%
    • Glencore PLC 0.06%
    • Rio Tinto PLC-Spon Adr 0.06%
    • Raytheon Technologies Corp 0.05%
    • Lockheed Martin Corp 0.04%
    • Motorola Solutions Inc 0.04%
    • Uber Technologies Inc 0.03%
    • Lockheed Martin Corp. 0.02%
    • BHP Group Ltd 0.83% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.26% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chevron Corp 0.19% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.18%
    • Pg&E Corp 0.10%
    • Newcrest Mining Ltd 0.08%
    • Glencore PLC 0.06%
    • Bayer AG-Reg 0.04%
    • Vale SA 0.04%
    • Basf Se 0.03%
    • Corteva Inc 0.03%
    • Freeport-Mcmoran Inc 0.03%
    • 3M Co 0.02%
    • Archer-Daniels-Midland Co 0.02%
    • Bunge Ltd 0.01%
    • Tokyo Electric Power Company 0.01%
    • Exxon Mobil Corporation 0.34% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.26% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Procter & Gamble Co/The 0.23%
    • Chevron Corp 0.19% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • LVMH Moet Hennessy Vuitt 0.17%
    • Unilever PLC 0.11%
    • Air Liquide SA 0.09%
    • Reliance Industries Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hermes International 0.08%
    • L'Oreal SA 0.08%
    • Shin-Etsu Chemical Co Ltd 0.08%
    • Philip Morris International 0.07%
    • British American Tobacco Holdings (The Netherlands) Bv 0.06%
    • LVMH Moet Hennessy Louis Vui 0.06%
    • Orica Ltd 0.06%
    • Altria Group Inc 0.05%
    • Bayer AG-Reg 0.04%
    • Basf Se 0.03%
    • Colgate-Palmolive Co 0.03%
    • Corteva Inc 0.03%
    • Givaudan-Reg 0.03%
    • Kering 0.03%
    • Sherwin-Williams Co/The 0.03%
    • 3M Co 0.02%
    • Church & Dwight Co Inc 0.02%
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Kao Corp 0.02%
    • Koninklijke Ahold Delhaize N 0.02%
    • L'Oreal 0.02%
    • Philip Morris Intl Inc 0.02%
    • Albemarle Corp 0.01%
    • Clorox Company 0.01%
    • Dow Inc 0.01%
    • Dupont De Nemours Inc 0.01%
    • Ecolab Inc 0.01%
    • Eni Spa-Sponsored Adr 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Entegris Inc 0.01%
    • Hindustan Unilever Ltd 0.01%
    • Intl Flavors & Fragrances 0.01%
    • Kimberly-Clark Corp 0.01%
    • Otsuka Holdings Co Ltd- Unsp 0.01%
    • Rentokil Initial PLC 0.01%
    • Walmart Inc 0.17%
    • Honeywell International Inc 0.08%
    • Airbus Se 0.07%
    • Boeing Co/The 0.07%
    • Amphenol Corp 0.06%
    • Daikin Industries Ltd 0.05%
    • Raytheon Technologies Corp 0.05%
    • Safran SA 0.05%
    • General Dynamics Corp. 0.04%
    • Lockheed Martin Corp 0.04%
    • Northrop Grumman Corp 0.04%
    • Transdigm Group Inc 0.04%
    • Bae Systems PLC 0.03%
    • Lockheed Martin Corp. 0.02%
    • Rolls-Royce Holdings PLC 0.02%
    • Rtx Corp. 0.02%
    • Booz Allen Hamilton Holdings 0.01%
    • Brookfield Corp 0.01%
    • Jacobs Solutions Inc 0.01%
    • Larsen & Toubro Ltd 0.01%
    • Teledyne Technologies Inc 0.01%
    • Textron, Inc. 0.01%
    • Contact Energy Ltd 0.90% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.83% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Exxon Mobil Corporation 0.34% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nextera Energy Inc 0.27%
    • Shell PLC 0.26% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Woodside Energy Group Ltd 0.25% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chevron Corp 0.19% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Genesis Energy Ltd 0.19%
    • Southern Co/The 0.19%
    • Duke Energy Corp 0.18%
    • Rio Tinto Ltd 0.16%
    • Enbridge Inc 0.14% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • National Grid PLC 0.14% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Totalenergies Se 0.14% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BP PLC 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Cheniere Energy Inc 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Conocophillips 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pg&E Corp 0.10%
    • Sempra Energy 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Williams Cos Inc 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • American Electric Power 0.09%
    • Dominion Energy Inc 0.09%
    • Reliance Industries Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Ampol Ltd 0.08%
    • Consolidated Edison Inc 0.08%
    • Iberdrola SA 0.08% 1.5°C
      This company is on a 1.5°C pathway
    • Mitsubishi Corp 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oneok Inc 0.08%
    • Public Service Enterpris 0.08%
    • Santos Ltd 0.08% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Xcel Energy Inc 0.08%
    • Itochu Corp 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsui & Co Ltd 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tc Energy Corp 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Washington H. Soul Pattinson 0.07%
    • Wec Energy Group Inc 0.07%
    • Channel Infrastructure NZ Lt 0.06%
    • Enel Spa 0.06% 1.5°C
      This company is on a 1.5°C pathway
    • Entergy Corp 0.06%
    • Glencore PLC 0.06%
    • Kinder Morgan Inc 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Orica Ltd 0.06%
    • Rio Tinto PLC-Spon Adr 0.06%
    • Agl Energy Ltd 0.05%
    • Ameren Corporation 0.05%
    • Eog Resources Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Firstenergy Corp 0.05%
    • Ppl Corp 0.05%
    • South32 Ltd 0.05%
    • Targa Resources Corp 0.05%
    • Vopak 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Whitehaven Coal Ltd 0.05%
    • Atmos Energy Corp 0.04%
    • Centerpoint Energy Inc 0.04%
    • Cms Energy Corp 0.04%
    • Fortis Inc 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hess Corp 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Marathon Petroleum Corp 0.04%
    • Total SA 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vale SA 0.04%
    • Apa Group 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Clp Holdings Ltd 0.03%
    • Constellation Energy 0.03%
    • Halliburton Co 0.03%
    • Pembina Pipeline Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Phillips 66 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pioneer Natural Resources Co 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sumitomo Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Alliant Energy Corp 0.02%
    • Centrica PLC 0.02%
    • Chubu Electric Power Co Inc 0.02%
    • Compagnie De Saint Gobain 0.02%
    • Delta Air Lines Inc 0.02%
    • Devon Energy Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Diamondback Energy Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • E.On Se 0.02%
    • Emera Inc 0.02%
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Equinor Asa-Spon Adr 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Evergy Inc 0.02%
    • Hong Kong & China Gas 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Kansai Electric Power Co Inc 0.02%
    • Marubeni Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nippon Steel Corp 0.02%
    • Nisource Inc 0.02%
    • Origin Energy Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Osaka Gas Co Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras - Petroleo Bras 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petrobras - Petroleo Bras-Pr 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pinnacle West Capital Corp. 0.02%
    • Posco Holdings Inc 0.02%
    • Repsol SA 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rwe AG 0.02%
    • Saudi Arabian Oil Co 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Snam Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tokyo Gas Co Ltd 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Valero Energy Corp 0.02%
    • Coterra Energy Inc 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dte Energy Co 0.01%
    • Eni Spa-Sponsored Adr 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Marathon Oil Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Naturgy Energy Group SA 0.01%
    • New Hope Corp Ltd 0.01%
    • Occidental Petroleum Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oge Energy Corp. 0.01%
    • Power Assets Holdings Ltd 0.01%
    • Suncor Energy Inc 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Viva Energy Group Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C

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. 2023 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

Invests in growth assets and is designed for investors that want an aggressive investment option that invests in shares and property. Negative annual returns may occur once in every 2-4 years on average.

Value $832M NZD
Period of data report 31st Dec. 2023
Fund started 28th Oct. 2016
Total annual fund fees 0.53%
Total performance based fees 0.0%
Manager's basic fee 0.51%
Other management and administration charges 0.02%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 3 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 1 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.

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
2023 -5.17% -4.91%
2022 3.53% 5.1%
2021 35.55% 37.94%
2020 -7.06% -12.12%
2019 10.17% 8.17%
2018 7.53% 5.1%

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. 2023.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    14.76%
  • Vanguard S&P 500 ETF
    United States International Equities
    9.79%
  • Vanguard FTSE Europe ETF
    United States International Equities
    7.39%
  • Vanguard FTSE Pacific ETF
    United States International Equities
    4.67%
  • Ishares Core FTSE Global Infrastructure (AUD Hedged) ETF
    Australia Other
    4.5%
  • Vanguard Mid-Cap ETF
    United States International Equities
    4.1%
  • Vanguard FTSE Emerging Markets ETF
    United States International Equities
    3.79%
  • Vanguard Small-Cap ETF
    United States International Equities
    3.56%
  • Vanguard Growth ETF
    United States International Equities
    2.96%
  • Ishares Msci Usa ESG Screened Ucits ETF
    Ireland International Equities
    2.96%
Type Target Actual
Cash and Cash Equivalents 1.0% 2.081411%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 25.0% 25.47753%
International Equities 64.0% 63.16222%
Listed Properties 5.0% 4.77415%
Unlisted Properties 0.0% 0.0%
Other 5.0% 4.504697%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.