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

    • Kbr Inc 0.17%
    • Mattel Inc 0.14%
    • Bunge Ltd 0.31%
    • Chemours Co/The 0.10%
    • Scotts Miracle-Gro Co 0.06%
    • Entegris Inc 0.25%
    • Rpm International Inc 0.23%
    • Tapestry Inc 0.21%
    • Olin Corp 0.16%
    • Capri Holdings Ltd 0.12%
    • Huntsman Corp 0.11%
    • Chemours Co/The 0.10%
    • Balchem Corp 0.09%
    • Cabot Oil & Gas Corp 0.09%
    • Coty Inc-Cl A 0.09%
    • Element Solutions Inc 0.09%
    • Livent Corp 0.09%
    • Ralph Lauren Corp 0.09%
    • Avient Corp 0.08%
    • H.B. Fuller Co. 0.08%
    • Sensient Technologies Corp 0.07%
    • Topgolf Callaway Brands Corp 0.07%
    • Ingevity Corp 0.06%
    • Innospec Inc 0.06%
    • Scotts Miracle-Gro Co 0.06%
    • Wd-40 Co. 0.06%
    • Edgewell Personal Care Co 0.05%
    • Cal-Maine Foods Inc 0.04%
    • Nu Skin Enterprises Inc - A 0.04%
    • Seaworld Entertainment Inc 0.04%
    • Six Flags Entertainment Corp 0.04%
    • Stepan Co 0.04%
    • Tronox Holdings PLC 0.04%
    • Westlake Corp 0.04%
    • Boot Barn Holdings Inc 0.02%
    • Ecovyst, Inc. 0.02%
    • Pilgrim'S Pride Corp 0.02%
    • The Beauty Health Co. 0.02%
    • Usana Health Sciences Inc 0.02%
    • G-Iii Apparel Group Ltd 0.01%
    • Koppers Inc 0.01%
    • Booz Allen Hamilton Holdings 0.28%
    • Dick'S Sporting Goods Inc 0.18%
    • Howmet Aerospace Inc 0.18%
    • Huntington Ingalls Industrie 0.18%
    • Kbr Inc 0.17%
    • Caci International Inc -Cl A 0.16%
    • Olin Corp 0.16%
    • Rbc Bearings Inc 0.15%
    • Curtiss-Wright Corp 0.14%
    • Leidos Holdings Inc 0.14%
    • Bwx Technologies Inc 0.13%
    • Hexcel Corp 0.13%
    • Woodward Inc 0.13%
    • Science Applications Inte 0.12%
    • Academy Sports & Outdoors In 0.11%
    • Ati Inc 0.11%
    • Oshkosh Corp 0.11%
    • Aerojet Rocketdyne Holdings, Inc. 0.10%
    • Fluor Corp. 0.09%
    • Mueller Industries Inc 0.09%
    • Firstcash Holdings Inc 0.08%
    • Albany Intl Corp-Cl A 0.06%
    • Mercury Systems Inc 0.06%
    • Moog Inc-Class A 0.06%
    • Sanmina Corp 0.06%
    • Viasat Inc 0.06%
    • Aerovironment Inc 0.05%
    • Esco Technologies Inc 0.05%
    • Aar Corp 0.04%
    • Kratos Defense & Security 0.04%
    • Oceaneering Intl Inc 0.04%
    • Compass Diversified Holdings 0.03%
    • Sturm, Ruger & Co., Inc. 0.02%
    • Ttm Technologies Inc 0.02%
    • Vista Outdoor, Inc. 0.02%
    • Kaman Corp 0.01%
    • Targa Resources Corp 0.38%
    • Atmos Energy Corp 0.36%
    • Apa Corp 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
    • Chesapeake Energy Corp 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
    • Ovintiv Inc 0.20% !!
      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 0.20%
    • Nrg Energy Inc 0.17%
    • Oge Energy Corp 0.17%
    • Ugi Corp 0.16%
    • Hf Sinclair Corp 0.15%
    • Antero Resources 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
    • Eqt Corp 0.13% !!
      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
    • Pdc Energy Inc 0.13% !!
      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
    • Range Resources Corp 0.13% !!
      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
    • Southwestern Energy Co 0.13% !!
      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
    • Chord Energy Corp 0.12% !!
      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
    • Civitas Resources Inc 0.12% !!
      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
    • Idacorp Inc 0.12%
    • Matador Resources Co 0.12% !!
      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
    • Murphy Oil Corp. 0.12% !!
      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
    • Dt Midstream Inc 0.11%
    • Jefferies Financial Group In 0.11%
    • National Fuel Gas Co 0.11% !!
      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
    • Post Holdings Inc 0.11%
    • Black Hills Corp 0.10%
    • Denbury 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
    • Kirby Corp 0.10%
    • Texas Pacific Land Corp 0.10%
    • Fluor Corp. 0.09%
    • Hawaiian Electric Inds 0.09%
    • Pbf Energy Inc-Class A 0.09%
    • Pnm Resources Inc 0.09%
    • Allete Inc 0.08%
    • Magnolia Oil & Gas Corp - A 0.08%
    • Northwestern Corp 0.08%
    • Sm Energy Co. 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
    • Antero Midstream Corp 0.07%
    • Avista Corp 0.07%
    • California Resources 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
    • Otter Tail Corp. 0.07%
    • Peabody Energy Corp. 0.07%
    • Spire Inc 0.07%
    • Clearway Energy Inc-C 0.06%
    • Cnx Resources 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
    • Mge Energy, Inc. 0.06%
    • Callon Petroleum Co 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
    • Equitrans Midstream Corp 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
    • Ftai Aviation Ltd. 0.05%
    • Permian Resources Corp 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
    • Alpha Metallurgical Resources, Inc. 0.04%
    • New Fortress 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
    • Warrior Met Coal, Inc. 0.04%
    • Delek US Holdings 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
    • Clearway Energy Inc-A 0.02%
    • Comstock Resources 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
    • Cvr Energy Inc 0.02%
    • International Seaways, Inc. 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 31st March 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 Small Cap Index.

Value $8.7M NZD
Period of data report 30th June 2023
Fund started 28th Oct. 2016
Total annual fund fees 0.47%
Total performance based fees 0.0%
Manager's basic fee 0.37%
Other management and administration charges 0.1%
Total other charges 12.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (7 years, 7 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 2 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 1 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Graham Nicholas Stewart Law

Currently: Director (1 years, 6 months)
Previously: Chief Financial and Corporate Officer - NZX (current position) (5 years, 6 months)

Alister John Williams

Currently: Director (7 years, 7 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 June 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% -3.46%
2022 3.53% 0.89%
2021 35.55% 54.81%
2020 -7.06% -13.13%
2019 10.17% 11.35%
2018 7.53% 6.43%

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 June 2023.

Top 10 Investments

  • Vanguard Small-Cap ETF
    United States International Equities
    99.67%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    3.45%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.202629%
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% 99.79737%
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 June 2023.