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. 1.39%
    • Johnson & Johnson 0.43%
    • Nestlé 0.29%
    • Thermo Fisher Scientific 0.26%
    • Wells Fargo 0.22%
    • Caterpillar 0.21%
    • Rtx Corp. 0.18%
    • Uber Technologies, Inc. 0.17%
    • Lockheed Martin Corp. 0.14%
    • Rio Tinto 0.13%
    • Ubs 0.11%
    • The Boeing Co. 0.10%
    • Glencore 0.08%
    • Motorola Solutions Inc 0.08%
    • Palantir Technologies 0.08%
    • Saudi Aramco 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
    • Bank Hapoalim B.M. 0.02%
    • Bank Leumi Le-Israel B.M. 0.02%
    • China Petroleum & Chemical 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
    • Grupo México S.A.B. De C.V. 0.02%
    • Oil & Natural Gas Corp. Ltd. 0.02%
    • Petrochina 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
    • Teva Pharmaceuticals 0.02%
    • Chevron Corp. 0.28% !!
      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 0.23% !!
      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
    • BHP Group 0.18% !!
      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 0.10%
    • 3M 0.08%
    • Freeport-Mcmoran Inc 0.08%
    • Glencore 0.08%
    • Basf Se 0.05%
    • Corteva, Inc. 0.05%
    • Pg&E Corp 0.05%
    • Vale SA 0.05%
    • Barrick Gold 0.04%
    • Bayer 0.04%
    • Archer-Daniels Midland 0.03%
    • Ntpc Ltd. 0.03%
    • Nutrien Ltd. 0.03%
    • Posco 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
    • Exxon Mobil Corp. 0.58% !!
      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. 0.45%
    • Chevron Corp. 0.28% !!
      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 0.23% !!
      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
    • Unilever PLC 0.22%
    • LVMH Moët Hennessy Louis Vuitton Se 0.21%
    • Philip Morris International (Pmi) 0.21%
    • Air Liquide 0.11%
    • L'Oréal SA 0.11%
    • Altria Group, Inc. 0.10%
    • Reliance Industries Ltd. 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
    • The Sherwin-Williams Co. 0.10%
    • Colgate-Palmolive Co. 0.09%
    • Hermès International Sca 0.09%
    • Shin-Etsu Chemical Co., Ltd. 0.09%
    • 3M 0.08%
    • British American Tobacco 0.08%
    • Ecolab, Inc. 0.07%
    • Basf Se 0.05%
    • Corteva, Inc. 0.05%
    • Givaudan SA 0.05%
    • Kimberly-Clark Corp. 0.05%
    • Bayer 0.04%
    • Dow, Inc. 0.04%
    • Dupont De Nemours 0.04%
    • Eni Spa 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
    • Koninklijke Ahold Delhaize Nv 0.04%
    • PPG Industries, Inc. 0.04%
    • Church & Dwight Co., Inc. 0.03%
    • Imperial Brands 0.03%
    • International Flavors & Fragrances, Inc. 0.03%
    • Kao Corp. 0.03%
    • Novozymes A/S 0.03%
    • Nutrien Ltd. 0.03%
    • Otsuka Holdings Co., Ltd. 0.03%
    • The Estée Lauder Companies, Inc. 0.03%
    • Asian Paints Ltd. 0.02%
    • Beiersdorf AG 0.02%
    • Celanese Corp. 0.02%
    • China Petroleum & Chemical 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
    • Entegris, Inc. 0.02%
    • Henkel AG & Co. Kgaa 0.02%
    • Itc Ltd. 0.02%
    • Kering SA 0.02%
    • Rpm International, Inc. 0.02%
    • Sabic 0.02%
    • Symrise AG 0.02%
    • The Clorox Co. 0.02%
    • Tyson Foods Inc 0.02%
    • Unicharm Corp. 0.02%
    • Walmart, Inc. 0.38%
    • Rtx Corp. 0.18%
    • Honeywell International, Inc. 0.15%
    • Lockheed Martin Corp. 0.14%
    • Airbus 0.10%
    • The Boeing Co. 0.10%
    • Amphenol Corp. 0.09%
    • General Dynamics Corp. 0.09%
    • Safran SA 0.09%
    • Transdigm Group, Inc. 0.09%
    • Northrop Grumman Corp. 0.08%
    • Rolls-Royce Holdings PLC 0.07%
    • Bae Systems PLC 0.06%
    • Howmet Aerospace, Inc. 0.05%
    • L3Harris Technologies, Inc. 0.05%
    • Daikin Industries Ltd. 0.04%
    • Heico Corp. 0.03%
    • Larsen & Toubro Ltd. 0.03%
    • Leidos 0.03%
    • Rheinmetall AG 0.03%
    • Booz Allen Hamilton Holding Corp. 0.02%
    • Jacobs Solutions, Inc. 0.02%
    • Mtu Aero Engines AG 0.02%
    • Teledyne Technologies, Inc. 0.02%
    • Textron, Inc. 0.02%
    • Thales SA 0.02%
    • Exxon Mobil Corp. 0.58% !!
      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. 0.28% !!
      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 0.23% !!
      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. 0.20%
    • BHP Group 0.18% !!
      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 0.15% !!
      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 0.14% !!
      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
    • Rio Tinto 0.13%
    • The Southern Co. 0.11%
    • BP 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
    • Duke Energy Corp 0.10%
    • Enbridge, 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
    • Iberdrola 0.10% 1.5°C
      This company is on a 1.5°C pathway
    • Reliance Industries Ltd. 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
    • Constellation Energy Corp. 0.09%
    • Mitsubishi Corp. 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
    • Canadian Natural Resources 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
    • Eog Resources, Inc. 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
    • Glencore 0.08%
    • Itochu 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
    • National Grid PLC 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
    • Enel 0.07% 1.5°C
      This company is on a 1.5°C pathway
    • 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
    • Petrobras 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
    • American Electric Power Co., Inc. 0.06%
    • Marathon Petroleum Corp. 0.06%
    • Oneok, Inc. 0.06%
    • Phillips 66 0.06%
    • Sempra Energy 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
    • Tc Energy Corp. 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
    • The Williams Cos., 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
    • Cheniere Energy, 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
    • Dominion Energy, Inc. 0.05%
    • Kinder Morgan, 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
    • Pg&E Corp 0.05%
    • Public Service Enterprise Group, Inc. 0.05%
    • Suncor Energy, 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
    • Vale SA 0.05%
    • Valero Energy Corp. 0.05%
    • Vistra Energy 0.05%
    • Barrick Gold 0.04%
    • Consolidated Edison, Inc. 0.04%
    • Diamondback Energy, 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
    • E.On Se 0.04%
    • Eni Spa 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
    • Occidental Petroleum 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
    • Saudi Aramco 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
    • Targa Resources Corp. 0.04%
    • Woodside Energy Group Ltd. 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
    • Xcel Energy, Inc. 0.04%
    • Acwa Power 0.03%
    • Ameren Corp. 0.03%
    • Cenovus Energy, Inc. 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
    • Dassault Systèmes Se 0.03%
    • Devon Energy 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
    • Dte Energy Co. 0.03%
    • Engie SA 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
    • Entergy Corp. 0.03%
    • Fairfax Financial Holdings Ltd. 0.03%
    • Firstenergy Corp. 0.03%
    • Fortis, Inc. 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
    • Franco-Nevada Corp. 0.03%
    • Halliburton Co. 0.03%
    • Marubeni 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
    • Ntpc Ltd. 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
    • Ppl Corp. 0.03%
    • Rwe AG 0.03%
    • 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
    • Teck Resources Limited 0.03%
    • Wec Energy Group, Inc. 0.03%
    • Aes Corporation 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
    • Alliant Energy Corp. 0.02%
    • Atmos Energy Corp. 0.02%
    • Centerpoint Energy, Inc. 0.02%
    • China Petroleum & Chemical 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
    • China Shenhua Energy 0.02%
    • Ck Hutchison 0.02%
    • Clp Holdings Ltd. 0.02%
    • Cms Energy Corp. 0.02%
    • Coal India Ltd. 0.02%
    • Coterra 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
    • Edp-Energias De Portugal SA 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Eneos Holdings, Inc. 0.02%
    • Eqt 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
    • Equinor Asa 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%
    • Grupo México S.A.B. De C.V. 0.02%
    • Loews Corp. 0.02%
    • Marathon Oil 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%
    • Nippon Yusen Kk 0.02%
    • Nisource, Inc. 0.02%
    • Nrg Energy, Inc. 0.02%
    • Oil & Natural Gas Corp. Ltd. 0.02%
    • Petrochina 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
    • Posco 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
    • Repsol 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
    • Santos 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
    • Tata Steel Ltd. 0.02%
    • Tenaga Nasional Bhd. 0.02%
    • Texas Pacific Land Corp. 0.02%
    • Tourmaline Oil 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
    • Weg SA 0.02%

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.

About this fund

Invests in international shares and is designed to track the return (before tax, fees and other expenses) of the FTSE Global All Cap Index.

Value $126M NZD
Period of data report 30th Sept. 2024
Fund started 28th Oct. 2016
Total annual fund fees 0.48%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.03%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (9 years, 5 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (5 years, 4 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (1 years, 0 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 10 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 30th Sept. 2024.

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
2024 14.61% 26.72%
2023 -4.85% -1.18%
2022 3.53% 6.19%
2021 35.55% 31.44%
2020 -7.06% -0.63%
2019 10.17% 7.07%
2018 7.53% 8.51%

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 30th Sept. 2024.

Top 10 Investments

  • Vanguard Total World Stock ETF
    United States International Equities
    99.51%
  • NZD Cash Account (ANZ Bank)
    New Zealand Cash and Equivalents AA-
    0.29%
  • USD Cash Account (BNP Paribas)
    United States Cash and Equivalents AA-
    0.23%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.49%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 99.51%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
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 30th Sept. 2024.