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

    • Motorola Solutions Inc 0.73%
    • Pg&E Corp 0.63%
    • Corteva Inc 0.58%
    • Archer-Daniels-Midland Co 0.33%
    • Fmc Corp 0.14%
    • Corteva Inc 0.58%
    • Church & Dwight Co Inc 0.37%
    • Albemarle Corp 0.32%
    • Intl Flavors & Fragrances 0.28%
    • Clorox Company 0.26%
    • Dupont De Nemours Inc 0.25%
    • Tyson Foods Inc-Cl A 0.23%
    • Celanese Corp 0.21%
    • Mosaic Co/The 0.19%
    • Hormel Foods Corp 0.16%
    • Eastman Chemical Co 0.15%
    • Fmc Corp 0.14%
    • Westlake Corp 0.03%
    • Amphenol Corp 0.80%
    • Transdigm Group Inc 0.71%
    • Teledyne Technologies Inc 0.31%
    • Jacobs Solutions Inc 0.28%
    • Textron, Inc. 0.25%
    • Heico Corp-Class A 0.16%
    • Howmet Aerospace Inc 0.15%
    • Heico Corp 0.11%
    • Leidos Holdings Inc 0.10%
    • Hess Corp 0.68% !!
      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 0.63%
    • Cheniere Energy Inc 0.61% !!
      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 0.56%
    • Halliburton Co 0.52%
    • Devon Energy Corp 0.49% !!
      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
    • Consolidated Edison Inc 0.47%
    • Oneok Inc 0.45%
    • Public Service Enterpris 0.45%
    • Diamondback Energy Inc 0.44% !!
      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
    • Wec Energy Group Inc 0.40%
    • Delta Air Lines Inc 0.39%
    • Williams Cos Inc 0.33% !!
      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
    • Ameren Corporation 0.32%
    • Coterra Energy Inc 0.32% !!
      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 0.32%
    • Firstenergy Corp 0.30%
    • Dte Energy Co 0.28%
    • Ppl Corp 0.28%
    • Centerpoint Energy Inc 0.27%
    • Marathon Oil Corp 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
    • Xcel Energy Inc 0.26%
    • Cms Energy Corp 0.25%
    • Alliant Energy Corp 0.20%
    • Evergy Inc 0.19%
    • Loews Corp 0.19%
    • Aes Corp 0.17% !!
      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
    • Nisource Inc 0.17%
    • Eqt Corp 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
    • Vistra Corp 0.10%
    • Texas Pacific Land Corp 0.09%

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 US shares and is designed to track the return (before tax, fees and other expenses) of the CRSP US Mid Cap Index.

Value $7.07M NZD
Period of data report 30th Sept. 2023
Fund started 28th Oct. 2016
Total annual fund fees 0.47%
Total performance based fees 0.0%
Manager's basic fee 0.36%
Other management and administration charges 0.11%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (7 years, 10 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 5 months)

Stuart Kenneth Reginald Millar

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

Anna Lennie Scott

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

Alister John Williams

Currently: Director (7 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. 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% -4.12%
2022 3.53% 9.13%
2021 35.55% 39.35%
2020 -7.06% -4.28%
2019 10.17% 11.56%
2018 7.53% 5.83%

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. 2023.

Top 10 Investments

  • Vanguard Mid-Cap ETF
    United States International Equities
    98.72%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    1.5%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.154067%
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% 98.845933%
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. 2023.