Devon Global Impact Bond Fund
Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed defensive funds is 1.99%.
The Fund aims to deliver long-term total returns in excess of the index by investing in a diverse portfolio of global bonds through investment in the Wellington Global Impact Bond Fund managed by Wellington Management Funds (Ireland) plc. The Wellington Global Impact Bond Fund aims is to improve access to, and the quality of, basic life essentials, reduce inequality and mitigate the effects of climate change.
Devon is an independent investment management business that specialises in building investment portfolios for our clients that are comprised of companies listed on the New Zealand and Australian stock exchanges. Our approach is an active one where our rigorous research and analytical skills are applied to maximum advantage. Devon was established in March 2010 and is staffed by a number of leading investment professionals, most of whom are shareholders in the business.
| Value | $72.6M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 28th March 2022 |
| Total annual fund fees | 0.64% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.35% |
| Other management and administration charges | 0.29% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Slade Robertson |
Currently: Managing Director, Devon Funds Management (8 years, 2 months)
|
|
Tama Willis |
Currently: Portfolio Manager, Devon Funds Management (12 years, 9 months)
|
|
Patrick Washer |
Currently: Investment Analyst, Devon Funds Management (4 years, 9 months)
|
|
Mark Brown |
Currently: Chief Investment Officer, Devon Funds Management (7 years, 3 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.87% | 2.87% |
| 2024 | 3.43% | 3.48% |
| 2023 | -0.79% | -6.66% |
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 31st March 2025.
Wellington Global Impact Bond-Tachnzd
Ireland Int Fixed Interest
NZD Cash At Bank
New Zealand Cash and Equivalents
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 50.0% | 1.71% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 50.0% | 98.29% |
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 2025 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.
The Fund aims to deliver long-term total returns in excess of the index by investing in a diverse portfolio of global bonds through investment in the Wellington Global Impact Bond Fund managed by Wellington Management Funds (Ireland) plc. The Wellington Global Impact Bond Fund aims is to improve access to, and the quality of, basic life essentials, reduce inequality and mitigate the effects of climate change.
Devon is an independent investment management business that specialises in building investment portfolios for our clients that are comprised of companies listed on the New Zealand and Australian stock exchanges. Our approach is an active one where our rigorous research and analytical skills are applied to maximum advantage. Devon was established in March 2010 and is staffed by a number of leading investment professionals, most of whom are shareholders in the business.
| Value | $72.6M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 28th March 2022 |
| Total annual fund fees | 0.64% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.35% |
| Other management and administration charges | 0.29% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Slade Robertson |
Currently: Managing Director, Devon Funds Management (8 years, 2 months)
|
|
Tama Willis |
Currently: Portfolio Manager, Devon Funds Management (12 years, 9 months)
|
|
Patrick Washer |
Currently: Investment Analyst, Devon Funds Management (4 years, 9 months)
|
|
Mark Brown |
Currently: Chief Investment Officer, Devon Funds Management (7 years, 3 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 |
|---|---|---|
| 2025 | 3.87% | 2.87% |
| 2024 | 3.43% | 3.48% |
| 2023 | -0.79% | -6.66% |
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 31st March 2025.
Wellington Global Impact Bond-Tachnzd
Ireland Int Fixed Interest
NZD Cash At Bank
New Zealand Cash and Equivalents
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 50.0% | 1.71% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 50.0% | 98.29% |
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
