Amanah NZ

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Mindful Fund
Type: Aggressive fund
Past Returns: 5.37%

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

Annual Fees: 1.83%

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.


Animal Testing

Church & Dwight Company, Inc. 3.330%
Procter & Gamble Company (The) 2.510%
Pepsico, Inc. 1.550%
Clorox Company (The) 1.220%

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

A summary of this fund and its details.

Number FND3153
Name Amanah NZ
Risk profile Aggressive fund
Description The objective of AmanahNZ is to invest in listed equities with the purpose of achieving long term capital appreciation. This fund may be suitable for those investors wanting an ethical investment option including those who must invest in accordance with Shari’ah law compliance.
Value $14M USD
Members 78
Market index description Dow Jones Islamic Market US Index - an index of globally traded stock that pass rules-based screens for compliance with Islamic investment guidelines
Period of data report Tue June 30th 2020
Fund started Sun Sept. 1st 2013
Three-year average return 5.37%
Market index past year return 31.46%
Past year return net of charges and tax 8.45%
Past year return net of charges gross of tax 9.07%
Market index return since fund started 8.41%
Return since fund started net 4.64%
Total annual fund fees 1.83%
Total performance based fees 0.14%
Manager's basic fee 1.46%
Administration charges 0.22%
Total other charges 0.0
Total other charges currency USD

Key Personnel

  • Brian Henry

    Currently: Director (6 years, 7 months)
    Previously: Barrister (43 years, 7 months)

  • Gregory Fortuin

    Currently: Board Chair (6 years, 7 months)
    Previously: Director (finance industry) / Race Relations Conciliator (36 years, 7 months)

  • Jay Barrymore

    Currently: Director (0 years, 4 months)
    Previously: Director (finance industry)//Kinleith Continuation -Partner (16 years, 0 months)

  • Robert Knox

    Currently: Investment Committee Chair (6 years, 7 months)
    Previously: Managing Partner BDO / Accountant (40 years, 9 months)

  • Sandra Clark

    Currently: Operation Manager (0 years, 2 months)
    Previously: Credit Controller (7 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.

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 -7.57% 8.45%
2019 10.01% 5.9%
2018 7.40% 1.76%
2017 9.64% 2.44%
2016 4.71% -2.17%
2015 14.67% 4.29%

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:

  • Usdusd : USD Cash and Cash Equivalents
    New Zealand Cash and Equivalents
    67.09%
  • Tyl : Tyler Technologies Inc.
    United States International Equities
    5.62%
  • Msft : Microsoft Corporation
    United States International Equities
    4.72%
  • Chd : Church & Dwight Company Inc.
    United States International Equities
    3.33%
  • Lly : Eli Lilly and Company
    United States International Equities
    3.3%
  • Syk : Stryker Corporation
    United States International Equities
    2.63%
  • Mrk : Merck & Company Inc.
    United States International Equities
    2.55%
  • Pg : Procter & Gamble Company (The)
    United States International Equities
    2.51%
  • Pfe : Pfizer Inc.
    United States International Equities
    2.35%
  • Amn : Amn Healthcare Services Inc
    United States International Equities
    1.63%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 12.5% 67.1%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 87.5% 32.9%
Listed Properties 0.0% 0.0%
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 30 June 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:
    0.00%
  • Animal Testing:
    8.61%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • 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 June 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 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 objective of AmanahNZ is to invest in listed equities with the purpose of achieving long term capital appreciation. This fund may be suitable for those investors wanting an ethical investment option including those who must invest in accordance with Shari’ah law compliance."

Download the fund's disclosure statement and portfolio holdings.

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