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

    • Johnson & Johnson 0.47%
    • Meta Platforms Inc-Class A 0.43%
    • Thermo Fisher Scientific Inc 0.20%
    • Motorola Solutions Inc 0.19%
    • Rio Tinto Ltd 0.11%
    • Uber Technologies Inc 0.11%
    • Caterpillar Inc 0.04%
    • Pan American Silver Corp 0.04%
    • Li Ning Co Ltd 0.03%
    • Activision Blizzard Inc 0.02%
    • Rio Tinto PLC 0.02%
    • Centrais Eletricas Brasilier 0.01%
    • Nutrien Ltd 0.23%
    • Fmc Corp 0.09%
    • Newcrest Mining Ltd 0.06%
    • Bayer AG 0.02%
    • Soc Quimica Y Minera Chile-B 0.02%
    • Southern Copper Corp 0.01%
    • Ecolab Inc 0.26%
    • Nutrien Ltd 0.23%
    • Colgate-Palmolive Co 0.20%
    • Unilever PLC 0.20%
    • LVMH Moet Hennessy Louis Vui 0.19%
    • PPG Industries Inc 0.16%
    • L'Oreal 0.15%
    • Kimberly-Clark Corp 0.13%
    • Givaudan-Reg 0.12%
    • Intl Flavors & Fragrances 0.12%
    • 3M Co 0.09%
    • Fmc Corp 0.09%
    • Mosaic Co/The 0.09%
    • Dupont De Nemours Inc 0.08%
    • Sherwin-Williams Co/The 0.08%
    • Croda International PLC 0.07%
    • Albemarle Corp 0.06%
    • Kering 0.06%
    • Koninklijke Dsm Nv 0.06%
    • Mowi Asa 0.05%
    • Akzo Nobel N.V. 0.04%
    • Burberry Group PLC 0.04%
    • Estee Lauder Companies-Cl A 0.04%
    • Air Liquide SA 0.03%
    • Nippon Paint Holdings Co Ltd 0.03%
    • Rentokil Initial PLC 0.03%
    • Bayer AG 0.02%
    • Hermes International 0.02%
    • Orica Ltd 0.02%
    • Coty Inc 0.01%
    • Dow Inc 0.01%
    • Koninklijke Ahold Delhaize N 0.01%
    • Zf Europe Finance Bv 0.01%
    • Walmart Inc 0.19%
    • Contact Energy Ltd 0.74% 1.5°C
      This company is on a 1.5°C pathway
    • Enel Spa 0.14% 1.5°C
      This company is on a 1.5°C pathway
    • Orsted A/S 0.09% 1.5°C
      This company is on a 1.5°C pathway
    • Northland Power Inc 0.04%
    • Algonquin Power & Utilities 0.03%
    • Calpine Corp 0.03%
    • Clearway Energy Op Llc 0.02%
    • Orica Ltd 0.02%
    • Post Holdings Inc 0.02%
    • Weg SA 0.02%
    • Alliant Hold / Co-Issuer 0.01%
    • Earthstone Energy Hol 0.01% !!
      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
    • Kinetik Holdings Lp 0.01%
    • Oci Nv 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 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

The fund has a well-diversified portfolio that aims to provide growth, primarily through holding growth assets diversified with a lower allocation to lower-risk income assets. The fund aims to achieve medium to high returns, in exchange there will be larger movements up and down in the value of your investments.

Value $3.4M NZD
Period of data report 30th June 2023
Fund started 18th May 2022
Total annual fund fees 0.8%
Total performance based fees 0.0%
Manager's basic fee 0.74%
Other management and administration charges 0.06%
Total other charges 0.0
Total other charges currency NZD

Jeffery Darren Ruscoe

Currently: Investment Committee Member (4 years, 3 months)
Previously: Managing Director, AMP Wealth Management New Zealand (1 years, 2 months)

Mark David Ennis

Currently: Investment Committee Member (2 years, 11 months)
Previously: Managing Director, AdviceFirst Limited (3 years, 4 months)

Katie Priscilla Breatnach

Currently: Investment Committee Member (0 years, 4 months)
Previously: GM Legal & Governance, AMP Wealth Management New Zealand (0 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

  • Apple Inc
    United States Australasian Equities
    2.79%
  • Microsoft Corp
    United States International Equities
    2.29%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    1.54%
  • New Zealand Government Inflation Linked Bond - Maturing 20 Sep 2035
    New Zealand NZ Fixed Interest AAA
    1.37%
  • BNP USD Account
    United States Cash and Equivalents
    1.2%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.16%
  • Amazon.Com Inc
    United States International Equities
    1.12%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.03%
  • Nvidia Corp
    United States International Equities
    1.01%
  • New Zealand Government Inflation Linked Bond - Maturing 20 Sep 2030
    New Zealand NZ Fixed Interest AAA
    0.95%
Type Target Actual
Cash and Cash Equivalents 3.0% 2.97%
New Zealand Fixed Interest 7.0% 6.92%
International Fixed Interest 13.0% 12.9%
Australasian Equities 17.0% 16.89%
International Equities 60.0% 60.32%
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 2023.