Funds

Nikko AM Freedom 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.

Key:

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

Companies of concern

  • Fossil Fuels

    • Genesis Energy Ltd 0.24%

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. 2023 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 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 $531k NZD
Period of data report 31st Dec. 2023
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

Key Personnel

Stuart Williams

Currently: Managing Director and Member of Investment Committee (0 years, 9 months)
Previously: Head of Equities – Nikko Asset Management New Zealand Limited (8 years, 7 months)

Fergus Mcdonald

Currently: Head of Bonds & Currency and Member of Investment Committee (23 years, 6 months)
Previously: NZ Fixed Interest Portfolio Manager - Nikko Asset Management New Zealand Limited (10 years, 5 months)

Ian Bellew

Currently: Fixed Income Manager (12 years, 0 months)
Previously: Cash Portfolio Manager -Nikko Asset Management New Zealand Limited (4 years, 9 months)

Matthew Johnson

Currently: Fixed Income Manager (5 years, 3 months)
Previously: Senior Strategy Analyst - The Comfort Group (2 years, 6 months)

Michael Sherrock

Currently: Head of Equities and Member of Investment Committee (0 years, 9 months)
Previously: Portfolio Manager - Nikko Asset Management New Zealand Limited (8 years, 5 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.

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
2023 -0.79% 0.9%

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. 2023.

Top 10 Investments

  • Rabobank Nederla 160326 Frn
    New Zealand NZ Fixed Interest A
    2.94%
  • Westpac New Zealand 060726 Frn
    New Zealand NZ Fixed Interest AA-
    2.82%
  • NZ Government 2.75% 15/04/2037
    New Zealand NZ Fixed Interest AAA
    2.58%
  • Mufg Bank Ltd Auckland Branch 241126 Frn
    New Zealand NZ Fixed Interest A
    2.37%
  • Industrial and Commercial Bank Of China NZD 260525 Frn
    New Zealand NZ Fixed Interest A
    2.08%
  • Housing NZ 1.534% 10/09/2035
    New Zealand NZ Fixed Interest AAA
    2.06%
  • China Construction Bank NZ Ltd 090226 Frn
    New Zealand NZ Fixed Interest A
    2.01%
  • New Zealand Tax Trading Co 280324 Rcd
    New Zealand Cash and Equivalents AAA
    1.92%
  • Bank Of New Zealand 231126 Frn
    New Zealand NZ Fixed Interest AA-
    1.68%
  • Chorus Ltd 4.35% 06/12/2028
    New Zealand Cash and Equivalents BBB
    1.67%
Type Target Actual
Cash and Cash Equivalents 50.0% 48.46%
New Zealand Fixed Interest 50.0% 51.54%
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%

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 31st Dec. 2023.