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

    • Ubs Group AG 0.56%
    • Thermo Fisher Scientific 0.52%
    • Johnson & Johnson 0.43%
    • Wells Fargo & Company 0.21%
    • Credit Suisse Group AG 0.15%
    • Ralph Lauren Corp 0.19%
    • Dick's Sporting Goods 0.31%
    • Walmart Inc 0.07%
    • Brookfield Finance Inc 0.05%
    • Fairfax Finl Hldgs Ltd 0.44%
    • Loews Corp 0.33%

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 provides investors with exposure to a diversified portfolio of intermediate term global fixed interest and money market securities whilst taking into account certain environmental and social considerations. The Fund aims to hedge all foreign currency exposure to the New Zealand dollar.

Value $414M NZD
Period of data report 30th June 2024
Fund started 7th June 2022
Total annual fund fees 0.35%
Total performance based fees 0.0%
Manager's basic fee 0.35%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Damon O'Brien

Currently: Investment Director at Consilium NZ Limited (0 years, 2 months)
Previously: Head of Investment Services at Consilium NZ Limited (10 years, 0 months)

Mitchell Bristow

Currently: Head of Investment Services at Consilium NZ Limited (0 years, 2 months)
Previously: Investment Research Lead at Consilium NZ Limited (4 years, 5 months)

Bhanu Singh

Currently: Chief Executive Officer and Senior Investment Director at DFA Australia Limited (1 years, 6 months)
Previously: Head of Portfolio Management APAC, Director and Vice President at DFA Australia Limited (7 years, 9 months)

Timo Zauner

Currently: Portfolio Manager, Fixed Income at DFA Australia Limited (3 years, 7 months)
Previously: Associate Portfolio Manager at DFA Australia Limited (2 years, 1 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 3.59% 4.12%

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

  • United Kingdom Gilt 1.750000% 09/07/2037
    United Kingdom Int Fixed Interest AA
    2.39%
  • Cash (AUD) Held In The Underlying Fund
    Australia Cash and Equivalents
    1.66%
  • Dexia 0.250000% 12/10/2026
    Belgium Int Fixed Interest AA
    1.29%
  • Societe Nationale Sncf S 3.125000% 05/25/2034
    France Int Fixed Interest AA
    1.27%
  • France (Govt Of) 1.250000% 05/25/2038
    France Int Fixed Interest AA
    1.17%
  • Amazon.Com Inc 2.875000% 05/12/2041
    United States Int Fixed Interest AA
    1.15%
  • Siemens Financieringsmat 2.875000% 03/11/2041
    Germany Int Fixed Interest AA
    1.11%
  • Treasury Corp Victoria 2.000000% 11/20/2037
    Australia Int Fixed Interest AA
    1.03%
  • European Union 0.200000% 06/04/2036
    Belgium Int Fixed Interest AAA
    0.9%
  • Amazon.Com Inc 1.500000% 06/03/2030
    United States Int Fixed Interest AA
    0.83%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.93%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 98.07%
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.

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