Funds
Evidential Sustainable Global Bond Fund
Fund type: Defensive fund
Past Returns: *-0.78%Annual Fees: 0.35%
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
Human Rights Violations
-
Thermo Fisher Scientific 0.61%
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
THERMO FISHER SCIENTIFIC Human Rights Abuses
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. Thermo Fisher DNA testing kits have been linked to surveillance and discriminatory purposes by the legal authorities in Xinjiang (a region of China) for monitoring and tracking the Muslim Uyghur ethnic group and other minorities. Evidence shows Thermo Fisher Scientific continues to supply DNA sequencing products to the Xinjiang region, despite the company announcing it would halt sales to the region in 2019.
-
Johnson & Johnson 0.24%
Public Safety
Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
JOHNSON & JOHNSON Public Safety
Johnson & Johnson is the world's largest and most diverse healthcare firm. The company has been involved in repeated incidents related to the quality and safety of several of its products across all three of the company’s business segments — drugs, devices, and consumer products. Several products have been associated with allegations of severe or even fatal adverse impacts on patients.
-
Wells Fargo & Company 0.21%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
-
Thermo Fisher Scientific 0.61%
Animal Cruelty
-
Ralph Lauren Corp 0.20%
Fur & Speciality Leather
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
-
Procter & Gamble Co/The 0.14%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Jab Holdings Bv 0.13%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Colgate-Palmolive Co 0.08%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Estee Lauder Co Inc 0.06%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
ESTEE LAUDER CO INC Animal Testing
Estee Lauder is a multinational cosmetics company, a manufacturer and marketer of makeup, skincare, fragrance, and hair care products. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
-
Unilever Finance 0.03%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
UNILEVER FINANCE Animal Testing
Unilever is a diversified personal care, homecare, and packaged food company. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
-
Ralph Lauren Corp 0.20%
Weapons
-
Dick'S Sporting Goods 0.31%
Firearms
Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.
DICK'S SPORTING GOODS Firearms
Dick’s Sporting Goods retails athletic apparel, footwear, and equipment for sports. The company sells a range of semi-automatic rifles, shotguns, handguns related ammunition, as well as components such as rifle scopes.
-
Walmart Inc 0.15%
Firearms
Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.
WALMART INC Firearms
Walmart is the USA’s largest retailer by sales, selling a variety of general merchandise and grocery items. Walmart retails shotguns, pistols and ammunition at some of its stores in the USA, as well as components for firearms such as scopes. Walmart is currently working to improve their weapon-related controls.
-
Brookfield Finance Inc 0.05%
Controversial Weapons
Where companies are involved in the manufacturing or retail of controversial weapons (e.g., landmines and cluster munitions) or components or services thereof.
-
Dick'S Sporting Goods 0.31%
Fossil Fuels
-
Fairfax Finl Hldgs Ltd 0.45%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
-
Loews Corp 0.34%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Esb Finance Dac 0.06%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
-
Fairfax Finl Hldgs Ltd 0.45%
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 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 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 | $200M NZD |
Period of data report | 30th June 2023 |
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 |
Key Personnel
Damon O'Brien |
Currently: Head of Investment Services at Consilium NZ Limited (9 years, 2 months) |
Mitchell Bristow |
Currently: Investment Research Lead at Consilium NZ Limited (3 years, 7 months) |
Bhanu Singh |
Currently: CEO, Head of Portfolio Management APAC, Director and Vice President at DFA Australia Limited (0 years, 6 months) |
Timo Zauner |
Currently: Portfolio Manager, Fixed Income at DFA Australia Limited (6 years, 7 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 |
---|
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 2023.
Top 10 Investments
-
United Kingdom Gilt 1.750000% 09/07/2037
United Kingdom Int Fixed Interest AA2.83% -
Dexia Credit Local 0.250000% 12/10/2026
Belgium Int Fixed Interest AA1.46% -
Swedish Government 1.500000% 11/13/2023
Sweden Int Fixed Interest AAA1.34% -
Cash (AUD) Held In The Underlying Fund
Australia Cash and Equivalents1.11% -
European Union 0.200000% 06/04/2036
Belgium Int Fixed Interest AAA1.08% -
Amazon.Com Inc 1.500000% 06/03/2030
United States Int Fixed Interest AA1.0% -
Treasury Corp Victoria 2.000000% 11/20/2037
Australia Int Fixed Interest AA0.96% -
Treasury Corp Victoria 2.250000% 11/20/2034
Australia Int Fixed Interest AA0.93% -
Intl Development Assoc 0.750000% 12/12/2024
United States Int Fixed Interest AAA0.9% -
Cppib Capital Inc 1.500000% 03/04/2033
Canada Int Fixed Interest AAA0.84%
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 0.0% | 1.76% |
New Zealand Fixed Interest | 0.0% | 0.0% |
International Fixed Interest | 100.0% | 98.24% |
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 30th June 2023.