Aspiring Fund

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Not Mindful
Type: Growth fund
Past Returns: 3.11%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 2.26%

Annual fees, including any membership and % management fee.

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.


Fossil Fuel

BHP Group Ltd 0.40%
Origin Energy Limited 0.67%
Santos Ltd 0.01%
Senex Energy Ltd 0.26%
Woodside Petroleum Ltd 0.25%

Tobacco

Imperial Brands PLC 2.05%

Gambling

Aristocrat Leisure Ltd 0.39%
Sky City Entertainment Group 0.67%

Alcohol

Australian Vintage Limited 0.24%
Delegat Group Ltd 0.23%
Treasury Wine Estates Ltd 0.83%

Human Rights & Environmental Violations

BHP Group Ltd 0.40%
Freeport - Mcmoran Copper 1.51%

Animal Testing

Imperial Brands PLC 2.050%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020 -4.35% -4.07%
2019 6.14% 6.65%
2018 7.69% 6.76%
2017 8.26% 9.47%
2016 5.40% 11.69%
2015 12.09% 15.41%
2014 9.56% 7.26%
2013 13.67% 17.53%
2012 0.62% 9.69%
2011 6.07% 13.51%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • NZD Cash
    New Zealand Cash and Equivalents
    9.37%
  • AUD Cash
    Australia Cash and Equivalents
    7.62%
  • Amazon.Com Inc
    United States International Equities
    4.1%
  • Infratil Ltd
    New Zealand Australasian Equities
    3.7%
  • Tilt Renewables Limited
    New Zealand Australasian Equities
    3.68%
  • Contact Energy Ltd
    New Zealand Australasian Equities
    3.38%
  • Alibaba Group Holding-Sp Adr
    United States International Equities
    3.2%
  • Ebos Group Ltd
    New Zealand Australasian Equities
    3.02%
  • Cleanaway Waste Management Ltd
    Australia Australasian Equities
    2.71%
  • Alphabet Inc Class C
    United States International Equities
    2.62%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 30.0% 20.84%
New Zealand Fixed Interest 5.0% 1.39%
International Fixed Interest 3.0% 0.0%
Australasian Equities 30.0% 45.87%
International Equities 30.0% 29.93%
Listed Properties 3.0% 1.97%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.30%
  • Animal Testing:
    2.05%
  • Fossil Fuels:
    1.61%
  • Gambling:
    1.08%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    1.90%
  • Palm Oil:
    0.00%
  • Tobacco:
    2.05%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"The Fund principally invests in Australasian and Globally listed Equities although it may invest in any assetclass (including investments in unlisted entities underwriting arrangements debt securities and property).The principal objective of the Fund is to achieve positive absolute returns averaging at least 4% overinflation (after fees and expenses but before tax) over the long term."

Value $420M NZD
Period of data report Tue June 30th 2020
Members 612
Fund started Wed Feb. 1st 2006
Total annual fund fees 2.26%
Total performance based fees 1.03%
Manager's basic fee 1.02%
Administration charges 0.2%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Murray Doyle

Currently: Director (14 years, 6 months)
Previously: (None years, None months)

John Rattray

Currently: Director (14 years, 6 months)
Previously: (None years, None months)

Campbell Stuart

Currently: Director (5 years, 4 months)
Previously: UBS - Managing Director of NZ Equities (17 years, 4 months)

Lance Reynolds

Currently: Director (5 years, 1 months)
Previously: UBS - NZ Equities Strategist (12 years, 2 months)

Peter Wright

Currently: Director (1 years, 3 months)
Previously: Morgan Stanley Investment Partners - Co-Head International Equities (18 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.