Research identified investments in companies of concern and positive outcome companies inside this fund
Companies of concern
Low compared to other Managed conservative funds
2.32% of this fund is invested in 14 companies of concern in these categories
Positive outcome companies
Very high compared to other Managed conservative funds
17.31% of this fund is invested in 14 positive outcome companies in these categories
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Companies of Concern
14 companies within 5 concerns
2.32% of this fund is invested in these 14 companies of concern whose activities cause serious harm to people or the planet, as per the criteria in Mindful Money's methodology.
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Animal Cruelty
0.06% of fund
-
Hermès International Sca
0.03% -
LVMH Moët Hennessy Louis Vuitton Se
0.03%
-
-
Environmental Harm
0.76% of fund
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Fonterra
0.76%
-
-
Fossil Fuels
0.34% of fund
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BP
0.12% -
Cheniere Energy, Inc.
0.07%
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Origin Energy
0.06%
-
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Human Rights Violations
0.98% of fund
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Meta Platforms, Inc.
0.70% -
Uber Technologies, Inc.
0.11% -
IBM
0.10%
-
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Weapons
0.19% of fund
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Amphenol Corp.
0.19%
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Fund provider response
We invest in fossil fuel companies because energy is an essential resource for modern life, and we believe it is better to invest in the companies that are relative ESG leaders in the sector rather than ignoring the sector entirely.
We take a holistic approach to assessing a company's prospective ESG leadership, including the carbon intensity of current oil production facilities, initiatives to reduce this carbon intensity to help meet net zero goals, capital allocation policies including for green energy initiatives, and ESG scores on both the MSCI and Sustainalytics ratings scales.
About this information
This data is compiled by Mindful Money from the fund information and portfolios that each Managed fund has filed with the Disclose register for 31st March 2026 and Mindful Money analysis of funds within those portfolios.
The categories of concern and positive outcomes are 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.
Lists of companies of concern and positive outcome companies have 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 or bring about more than one positive outcome.
Mindful Money uses the term Mindful Fund 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.