Funds
Stewart Investors Worldwide Leaders Sustainability Fund
Fund type: Aggressive fund
Past Returns: *12.34%Annual Fees: 0.64%
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
Animal Cruelty
-
Beiersdorf AG 2.84%
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.
-
Beiersdorf AG 2.84%
Fossil Fuels
-
Weg SA 2.67%
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.
-
Samsung C&T Corp 0.61%
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.
-
Weg SA 2.67%
Fund Provider Response
Beiersdorf: The company states it conducts no animal testing for cosmetic products, or requests animal testing on its behalf unless specifically required by law. Beiersdorf are leading research/collaboration efforts to develop alternative testing without animals, including using UV light. The company continues to advocate for acceptance of these alternatives.
Samsung C&T: The company exposure to fossil fuel involvement falls under our materiality threshold of 5% revenue.
WEG: We recognise WEG’s exposure to supporting the fossil fuel industry and disclose this publicly alongside our position statement on our website.
Please see our Portfolio Explorer tool for full details across all our holdings.
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
In their own words
Aims to achieve its investment objective by investing in a diversified portfolio of equity or equity-related securities of larger capitalisation companies which are listed in, traded, or dealt on any of the regulated markets worldwide. The fund does not hedge currency risk.
| Value | $73.8M NZD |
| Period of data report | 30th June 2024 |
| Fund started | 2nd Sept. 2022 |
| Total annual fund fees | 0.64% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.59% |
| Other management and administration charges | 0.05% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Sashi Reddy |
Currently: Portfolio Manager/Investment Analyst (16 years, 8 months) |
|
David Gait |
Currently: Portfolio Manager/Investment Analyst (26 years, 7 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 | 14.61% | 21.3% |
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
-
Mahindra & Mahindra Limited
India International Equities9.36% -
Watsco Inc
United States International Equities6.75% -
Taiwan Semicon Manufacturing Co Ltd
Taiwan, Province of China International Equities5.44% -
Hdfc Bank Inr1
India International Equities5.31% -
Fortinet Inc Com
United States International Equities5.22% -
Arista Networks In Com
United States International Equities5.07% -
Biomerieux Npv
France International Equities4.53% -
Costco Wholesale Corp
United States International Equities3.83% -
Deutsche Post AG
Germany International Equities3.45% -
Beiersdorf AG
Germany International Equities3.19%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 10.0% | 0.34% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 90.0% | 99.66% |
| 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 2024.