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 defensive funds is 1.99%.
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fonterra ranks as the fifth largest source of greenhouse gas emissions among agri-food companies globally. This position is reflective of the heavy environmental footprint of the dairy industry, notably of methane (GHG) produced by dairy herds and other harm from intensive dairy farming practices such as through high nitrogen runoff into rivers, which flow into oceans.
The fund aims to provide a regular income to the charity from an actively managed investment portfolio and to maintain the value of investor's capital.
| Value | $533k NZD |
| Period of data report | 31st March 2025 |
| Fund started | 13th Sept. 2021 |
| Total annual fund fees | 0.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.3% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (2 years, 0 months)
|
|
Fergus Mcdonald |
Currently: Head of Bonds & Currency and Member of Investment Committee (24 years, 9 months)
|
|
Ian Bellew |
Currently: Fixed Income Manager (13 years, 3 months)
|
|
Matthew Johnson |
Currently: Fixed Income Manager (6 years, 6 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.87% | 6.9% |
| 2024 | 3.43% | 5.93% |
| 2023 | -0.79% | 1.1% |
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 March 2025.
Housing NZ Ltd 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA
NZD BNP Paribas A/C
New Zealand Cash and Equivalents AA-
Westpac New Zealand 060726 Frn
New Zealand NZ Fixed Interest AA-
ASB Bank Limited 181027 Frn
New Zealand NZ Fixed Interest AA-
Housing NZ 1.534% 10/09/2035
New Zealand NZ Fixed Interest AAA
Westpac 45 Day Depo
New Zealand Cash and Equivalents AA-
Rabobank Nederla 160326 Frn
New Zealand Cash and Equivalents A+
China Construction Bank NZ Ltd 090226 Frn
New Zealand Cash and Equivalents A
NZ Local Govt Funding Agency 150437 2.00 Gb
New Zealand NZ Fixed Interest AAA
Insurance Australia Group Ltd 150628 5.32 Cb
Australia NZ Fixed Interest BBB
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 50.0% | 49.86% |
| New Zealand Fixed Interest | 50.0% | 50.14% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| 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 March 2025.
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 2025 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, are involved in environmental degradation e.g., pollution, chemical spills.
Fonterra ranks as the fifth largest source of greenhouse gas emissions among agri-food companies globally. This position is reflective of the heavy environmental footprint of the dairy industry, notably of methane (GHG) produced by dairy herds and other harm from intensive dairy farming practices such as through high nitrogen runoff into rivers, which flow into oceans.
The fund aims to provide a regular income to the charity from an actively managed investment portfolio and to maintain the value of investor's capital.
| Value | $533k NZD |
| Period of data report | 31st March 2025 |
| Fund started | 13th Sept. 2021 |
| Total annual fund fees | 0.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.3% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Stuart Williams |
Currently: Managing Director and Chair of Investment Committee (2 years, 0 months)
|
|
Fergus Mcdonald |
Currently: Head of Bonds & Currency and Member of Investment Committee (24 years, 9 months)
|
|
Ian Bellew |
Currently: Fixed Income Manager (13 years, 3 months)
|
|
Matthew Johnson |
Currently: Fixed Income Manager (6 years, 6 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.87% | 6.9% |
| 2024 | 3.43% | 5.93% |
| 2023 | -0.79% | 1.1% |
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 March 2025.
Housing NZ Ltd 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA
NZD BNP Paribas A/C
New Zealand Cash and Equivalents AA-
Westpac New Zealand 060726 Frn
New Zealand NZ Fixed Interest AA-
ASB Bank Limited 181027 Frn
New Zealand NZ Fixed Interest AA-
Housing NZ 1.534% 10/09/2035
New Zealand NZ Fixed Interest AAA
Westpac 45 Day Depo
New Zealand Cash and Equivalents AA-
Rabobank Nederla 160326 Frn
New Zealand Cash and Equivalents A+
China Construction Bank NZ Ltd 090226 Frn
New Zealand Cash and Equivalents A
NZ Local Govt Funding Agency 150437 2.00 Gb
New Zealand NZ Fixed Interest AAA
Insurance Australia Group Ltd 150628 5.32 Cb
Australia NZ Fixed Interest BBB
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 50.0% | 49.86% |
| New Zealand Fixed Interest | 50.0% | 50.14% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| 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 March 2025.
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 2025 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.
