Funds

This is a Mindful fund TAHITO Te Tai O Rehua Fund

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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.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 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 is an indigenous ethical and sustainable fund. The Fund
uses positive Environment, Social and Governance (ESG) integrated screens in selecting investments. Māori indigenous values and principles serve as the foundation to the Fund’s philosophy and investment selection process. The Fund will provide actively managed exposure to a portfolio of primarily New Zealand and Australian companies that have been selected in accordance with the TAHITO investment philosophy. The Fund aims to generate a better return than the benchmark over the medium to long term.

Value $23.6M NZD
Period of data report 30th June 2024
Fund started 17th June 2021
Total annual fund fees 1.25%
Total performance based fees 0.0%
Manager's basic fee 0.85%
Other management and administration charges 0.4%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Paul Glass

Currently: Executive Chairman, Investment Services Group Limited & Investment Committee member, Tahito Limited (14 years, 3 months)
Previously: Director, Brook Asset Management (5 years, 1 months)

Andrew Kelleher

Currently: Director, Clarity Funds Management Limited & Investment Committee member, TAHITO Limited (16 years, 2 months)
Previously: Acting Managing Principal, ASB Securities Limited and Investment Consultant, ASB Limited (3 years, 5 months)

Temuera Hall

Currently: Director & Investment Committee member, TAHITO Limited (4 years, 11 months)
Previously: Independent Director and Investment Consultant (6 years, 1 months)

Josh Wilson

Currently: Chief Investment Officer, Clarity Funds Management Limited & Investment Committee member, TAHITO Limited (5 years, 3 months)
Previously: Portfolio Manager, NZ Funds (7 years, 10 months)

Tina Wilson

Currently: Investment Committee Member, TAHITO Limited (4 years, 9 months)
Previously: Director Maori Partnerships, Strategy and Capability, NZ Trade and Enterprise (3 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 14.61% 9.78%
2023 -4.85% -4.34%
2022 3.53% 5.89%
2021 35.55% 41.33%

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 June 2024.

Top 10 Investments

  • Meridian Energy Limited
    New Zealand Australasian Equities
    7.99%
  • Spark New Zealand Ltd
    New Zealand Australasian Equities
    6.93%
  • Commonwealth Bank Of Australia
    Australia Australasian Equities
    5.32%
  • Brambles Ltd
    Australia Australasian Equities
    5.03%
  • Fisher & Paykel Healthcare Ltd
    New Zealand Australasian Equities
    4.24%
  • CSL Limited
    Australia Australasian Equities
    4.2%
  • Als Ltd
    Australia Australasian Equities
    4.05%
  • Sims Group Ltd
    Australia Australasian Equities
    3.96%
  • Summerset Group Holdings Ltd
    New Zealand Australasian Equities
    3.77%
  • AUD Cash At Bank
    Australia Cash and Equivalents
    3.3%
Type Target Actual
Cash and Cash Equivalents 2.0% 6.75%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 98.0% 88.75%
International Equities 0.0% 0.0%
Listed Properties 0.0% 4.49%
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 June 2024.