Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed aggressive funds is 12.02%.
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
Estee Lauder is a multinational cosmetics company, a manufacturer and marketer of makeup, skincare, fragrance, and hair care products. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
Meta is the world’s largest online social network consisting of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. The company has faced several investigations and legal action linked to privacy-related allegations, including its handling of user data, and breaches of user privacy. Meta has also been criticised for its poor governance model, as well as allowing its platform in non-English speaking countries to be used to incite ethnic violence.
The Fund mainly invests in the shares of listed companies, although it may invest in unlisted companies up to total limit of 10% of Net Asset Value of the Fund. The companies we invest in may be based and operate anywhere in the world. The principal objective of the Fund is to achieve positive absolute returns after fees and expenses, but before tax over the long term (that is a period of at least five years). The investment objectives and policy for the Fund are broadly drafted so as to provide us with the mandate to seek on behalf of investors long-term income and capital growth by directly investing in equities on a global basis.
| Value | $27.0M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 9th Dec. 2008 |
| Total annual fund fees | 1.93% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.27% |
| Other management and administration charges | 0.66% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Christopher Swasbrook |
Currently: Portfolio Manager and Managing Director - Elevation Capital Management Limited (16 years, 0 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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% | 10.09% |
| 2023 | -4.85% | 14.42% |
| 2022 | 3.53% | -21.02% |
| 2021 | 35.55% | 31.48% |
| 2020 | -7.06% | 14.5% |
| 2019 | 10.17% | 18.43% |
| 2018 | 7.53% | -15.03% |
| 2017 | 9.49% | 11.93% |
| 2016 | 4.71% | 11.43% |
| 2015 | 14.67% | 6.08% |
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 31st Dec. 2024.
Kering
France International Equities
Remy Cointreau
France International Equities
Dr Martens PLC
United Kingdom International Equities
Meta Platforms Inc
United States International Equities
Alphabet Inc Class A
United States International Equities
Estee Lauder Cos Inc/The
United States International Equities
Burberry Group PLC
United Kingdom International Equities
Cie Financiere Richemont-Reg
Switzerland International Equities
Warner Bros Discovery Inc
United States International Equities
Universal Music Group Nv
Netherlands International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 11.79% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 5.8% |
| International Equities | 95.0% | 82.41% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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.
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
Estee Lauder is a multinational cosmetics company, a manufacturer and marketer of makeup, skincare, fragrance, and hair care products. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
Meta is the world’s largest online social network consisting of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. The company has faced several investigations and legal action linked to privacy-related allegations, including its handling of user data, and breaches of user privacy. Meta has also been criticised for its poor governance model, as well as allowing its platform in non-English speaking countries to be used to incite ethnic violence.
The Fund mainly invests in the shares of listed companies, although it may invest in unlisted companies up to total limit of 10% of Net Asset Value of the Fund. The companies we invest in may be based and operate anywhere in the world. The principal objective of the Fund is to achieve positive absolute returns after fees and expenses, but before tax over the long term (that is a period of at least five years). The investment objectives and policy for the Fund are broadly drafted so as to provide us with the mandate to seek on behalf of investors long-term income and capital growth by directly investing in equities on a global basis.
| Value | $27.0M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 9th Dec. 2008 |
| Total annual fund fees | 1.93% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.27% |
| Other management and administration charges | 0.66% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Christopher Swasbrook |
Currently: Portfolio Manager and Managing Director - Elevation Capital Management Limited (16 years, 0 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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% | 10.09% |
| 2023 | -4.85% | 14.42% |
| 2022 | 3.53% | -21.02% |
| 2021 | 35.55% | 31.48% |
| 2020 | -7.06% | 14.5% |
| 2019 | 10.17% | 18.43% |
| 2018 | 7.53% | -15.03% |
| 2017 | 9.49% | 11.93% |
| 2016 | 4.71% | 11.43% |
| 2015 | 14.67% | 6.08% |
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 31st Dec. 2024.
Kering
France International Equities
Remy Cointreau
France International Equities
Dr Martens PLC
United Kingdom International Equities
Meta Platforms Inc
United States International Equities
Alphabet Inc Class A
United States International Equities
Estee Lauder Cos Inc/The
United States International Equities
Burberry Group PLC
United Kingdom International Equities
Cie Financiere Richemont-Reg
Switzerland International Equities
Warner Bros Discovery Inc
United States International Equities
Universal Music Group Nv
Netherlands International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 11.79% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 5.8% |
| International Equities | 95.0% | 82.41% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
