Funds
Sbs Wealth New Zealand Bond Portfolio
Fund type: Defensive fund
Past Returns: *0.95%Annual Fees: 0.96%
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
Fossil Fuels
-
Genesis Energy Ltd. 0.04%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
GENESIS ENERGY LTD. Fossil Fuel Power Generation
Genesis Energy is engaged in energy generation, trading and selling of electricity, and owns a portfolio of fossil fuel and renewable generation assets across New Zealand. Evidence shows that thermal generation from gas represents a significant portion of the company's total power generation (from the Huntly power station), and that oil and gas power revenues represent approximately 35% of the company's total revenue.
-
Genesis Energy Ltd. 0.04%
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
In their own words
The Fund aims to provide investors with a core and lower risk exposure to New Zealand fixed interest debt securities and a gross return above the return of the Benchmark on a rolling three-year basis i.E. Before tax, fees, and other expenses.
| Value | $4.5M NZD |
| Period of data report | 30th Sept. 2024 |
| Fund started | 2nd July 2002 |
| Total annual fund fees | 0.96% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.51% |
| Other management and administration charges | 0.45% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Phil Ellison |
Currently: Non-executive Director / Investment Committee member (2 years, 2 months) |
|
Martin Pike |
Currently: Chief Investment Officer (9 years, 0 months) |
|
Morne Redgard |
Currently: Chief Executive Officer, SBS Wealth Limited (1 years, 4 months) |
|
Mike Skilling |
Currently: Non-executive Director / Investment Committee chairperson (8 years, 4 months) |
|
Derek Young |
Currently: Chief Operating Officer (1 years, 2 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 | 3.59% | 3.81% |
| 2023 | -0.79% | -0.47% |
| 2022 | -2.46% | -4.64% |
| 2021 | 2.15% | 1.26% |
| 2020 | 1.75% | 1.8% |
| 2019 | 2.76% | 2.94% |
| 2018 | 1.94% | 2.23% |
| 2017 | 1.52% | 1.1% |
| 2016 | 2.91% | 3.37% |
| 2015 | 5.21% | 4.97% |
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
-
Harbour NZ Core Fixed Interest Fund
New Zealand NZ Fixed Interest95.11% -
Cash Deposit (ANZ Bank)
New Zealand Cash and Equivalents5.64%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 4.89% |
| New Zealand Fixed Interest | 95.0% | 95.11% |
| International Fixed Interest | 0.0% | 0.0% |
| 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% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.