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

    • Meta Platforms Inc-Class A 1.65%
    • Uber Technologies Inc 0.74%
    • Thermo Fisher Scientific Inc 0.46%
    • Southern Copper Corp 0.29%
    • BHP Group Ltd 0.24% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Procter & Gamble Co/The 0.58%
    • Reliance Industries Ltd 0.48% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Colgate-Palmolive Co 0.38%
    • Unilever PLC-Sponsored Adr 0.37%
    • Rentokil Initial PLC 0.31%
    • Prada S.P.A. 0.28%
    • LVMH Moet Hennessy Louis Vui 0.14%
    • Amphenol Corp-Cl A 0.80%
    • Airbus Se 0.65%
    • Walmart Inc 0.56%
    • Teledyne Technologies Inc 0.35%
    • Larsen & Toubro Ltd 0.34%
    • Booz Allen Hamilton Holdings 0.28%
    • Constellation Energy 0.89%
    • Eqt Corp 0.75% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Conocophillips 0.62% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Galp Energia Sgps SA 0.55% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Reliance Industries Ltd 0.48% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsui & Co Ltd 0.39% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eog Resources Inc 0.38% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BHP Group Ltd 0.24% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Targa Resources Corp 0.15%

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

The Fund invests primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world. It may include securities of companies traded on recognised exchanges of developing countries. The Fund’s foreign currency exposure is fully hedged to New Zealand dollars.

Value $71.3M NZD
Period of data report 30th June 2024
Fund started 1st Oct. 2021
Total annual fund fees 1.24%
Total performance based fees 0.0%
Manager's basic fee 1.06%
Other management and administration charges 0.18%
Total other charges 0.0
Total other charges currency NZD

Chris Di Leva

Currently: Director, Portfolio Manager (5 years, 9 months)
Previously: Mercer (8 years, 0 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% 21.88%
2023 -4.85% -15.43%

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

  • Apple
    United States International Equities
    4.63%
  • Microsoft
    United States International Equities
    4.52%
  • Nvidia
    United States International Equities
    4.49%
  • Amazon.Com
    United States International Equities
    3.24%
  • Alphabet Class C
    United States International Equities
    2.41%
  • Meta Platforms
    United States International Equities
    1.88%
  • Eli Lilly and Co
    United States International Equities
    1.84%
  • Roper Technologies
    United States International Equities
    1.74%
  • Sumber Alfaria Trijaya
    Indonesia International Equities
    1.06%
  • Novo Nordisk
    Denmark International Equities
    1.02%
Type Target Actual
Cash and Cash Equivalents 5.0% 2.33%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 95.0% 97.67%
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.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.