Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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.
New Zealand Refining Ltd 1.21%
Altria Group Inc 0.81%
Christian Dior 0.86%
Davide Campari Milano Spa 0.91%
Diageo PLC 1.97%
Heineken Holdings Nv 1.30%
Molson Coors Brewing Co -B 1.40%
Altria Group Inc 0.810%
Bayer AG-Reg 2.610%
Christian Dior 0.860%
Coty Inc-Cl A 0.560%
Estee Lauder Cos Inc/The 0.460%
Henkel AG & Co Kgaa 0.700%
Unilever PLC 0.520%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.
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.
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|
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 Thu Dec. 31st 2020.
Showing the top 10 investments for this fund:
New Zealand Australasian Equities3.71%
United States International Equities3.63%
Cie Financiere Richemont-Reg
Switzerland International Equities3.6%
Spotify Technology SA
Luxembourg International Equities3.41%
Germany International Equities3.38%
Walt Disney Co/The
United States International Equities3.27%
France International Equities3.24%
United Kingdom International Equities3.23%
Alphabet Inc Class A
United States International Equities3.16%
United States International Equities3.11%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 2020.
How the money in this fund is invested against the fund's targets.
|Cash and Cash Equivalents||5.0%||2.08%|
|New Zealand Fixed Interest||0.0%||0.0%|
|International Fixed Interest||0.0%||0.0%|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 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 concernDoes this fund say it excludes this?Actual holdings
Human Rights & Environmental Violations:0.00%
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 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."
|Period of data report||Thu Dec. 31st 2020|
|Fund started||Tue Dec. 9th 2008|
|Total annual fund fees||1.82%|
|Total performance based fees||0.0%|
|Manager's basic fee||1.25%|
|Total other charges||0.0|
|Total other charges currency||NZD|
Currently: Portfolio Manager and Managing Director - Elevation Capital Management Limited (12 years, 0 months)
Download the fund's disclosure statement and portfolio holdings.