Evidential Sustainable Global Bond Fund

Find a Mindful Ethical fund »

Not Mindful

Fund type: Defensive fund

Past Returns: No three year data yet

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.35%

Annual fees, including management and administration fees, but not membership fee.

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.


Fossil Fuel

Loews Corp 3.200000% 05/15/2030 0.39%
Continental Resources 5.750000% 01/15/2031 0.07%
Esb Finance Dac 1.875000% 06/14/2031 0.06%

Weapons

Dick'S Sporting Goods 3.150000% 01/15/2032 0.34%
Walmart Inc 5.625000% 03/27/2034 0.07%
Walmart Inc 5.750000% 12/19/2030 0.05%
Walmart Inc 4.875000% 09/21/2029 0.03%
Walmart Inc 2.375000% 09/24/2029 0.01%

Human Rights & Environmental Violations

Thermo Fisher Scientific 2.375000% 04/15/2032 0.41%
Credit Suisse New York 2.950000% 04/09/2025 0.37%
Johnson & Johnson 3.550000% 03/01/2036 0.27%
Thermo Fisher Scientific 2.800000% 10/15/2041 0.17%
Credit Suisse Group AG 0.650000% 09/10/2029 0.16%
Wells Fargo & Company 2.500000% 05/02/2029 0.10%
Thermo Fisher Scientific 1.950000% 07/24/2029 0.07%
Wells Fargo & Company 0.625000% 08/14/2030 0.06%
Wells Fargo & Company 3.000000% 04/22/2026 0.06%

Animal Testing

Ralph Lauren Corp 2.950000% 06/15/2030 0.23%
Pvh Corp 3.125000% 12/15/2027 0.20%
Coca-Cola Co/The 0.400000% 05/06/2030 0.16%
Jab Holdings Bv 1.000000% 07/14/2031 0.13%
Colgate-Palmolive Co 0.300000% 11/10/2029 0.09%
Estee Lauder Co Inc 2.600000% 04/15/2030 0.07%
Procter & Gamble Co/The 1.200000% 10/29/2030 0.06%
Procter & Gamble Co/The 1.125000% 11/02/2023 0.05%
Campbell Soup Co 2.375000% 04/24/2030 0.04%
Coca-Cola Co/The 0.500000% 03/09/2033 0.04%
Procter & Gamble Co/The 1.250000% 10/25/2029 0.04%
Unilever Finance 1.625000% 02/12/2033 0.03%
Coca-Cola Co/The 1.125000% 03/09/2027 0.02%
Kellogg Co 7.450000% 04/01/2031 0.02%
Campbell Soup Co 4.150000% 03/15/2028 0.01%
Procter & Gamble Co/The 1.800000% 05/03/2029 0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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.

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 Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Kommunalbanken As 1.125000% 06/14/2030
    Norway Int Fixed Interest AAA
    1.36%
  • Manitoba (Province Of) 2.050000% 06/02/2031
    Canada Int Fixed Interest A
    1.28%
  • Bng Bank Nv 1.000000% 06/03/2030
    Netherlands Int Fixed Interest AAA
    1.25%
  • Fannie Mae 0.875000% 08/05/2030
    United States Int Fixed Interest AAA
    1.17%
  • Province Of Saskatchewan 2.150000% 06/02/2031
    Canada Int Fixed Interest AA
    1.11%
  • Costco Wholesale Corp 1.600000% 04/20/2030
    United States Int Fixed Interest A
    1.1%
  • Amazon.Com Inc 1.500000% 06/03/2030
    United States Int Fixed Interest AA
    1.1%
  • European Union 0.200000% 06/04/2036
    Belgium Int Fixed Interest AAA
    1.09%
  • Ontario Teachers' Financ 1.250000% 09/27/2030
    Canada Int Fixed Interest AA
    0.93%
  • Sncf Reseau 5.250000% 12/07/2028
    France Int Fixed Interest AA
    0.92%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Sept. 30th 2022.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.74%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 100.0% 99.26%
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%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 2022.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    1.18%
  • Fossil Fuels:
    0.53%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    1.67%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.50%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Fri Sept. 30th 2022 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.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

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 $87M NZD
Period of data report Fri Sept. 30th 2022
Fund started Tue June 7th 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 (8 years, 5 months)
Previously: Head of Investments at NZ Wealth Adviser Services (2 years, 2 months)

Mitchell Bristow

Currently: Investment Research Lead at Consilium NZ Limited (2 years, 10 months)
Previously: Senior Investment Analyst at Consilium NZ Limited (5 years, 2 months)

Bhanu Singh

Currently: Head of Portfolio Management APAC, Director and Vice President at DFA Australia Limited (7 years, 6 months)
Previously: Senior Portfolio Manager and Vice President at DFA Australia Limited (0 years, 5 months)

Timo Zauner

Currently: Portfolio Manager, Fixed Income at DFA Australia Limited (5 years, 10 months)
Previously: Credit and business analyst at MEAG MUNICH ERGO Asset Management (1 years, 8 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Fri Sept. 30th 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Markets Conduct Act 2013 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.