Funds

NZ Funds Global Infrastructure

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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.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

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

The objective of the Global Infrastructure fund is to mitigate the impact of inflation on your investment over the medium and/or long term with active management. The fund is anticipated to mainly own and trade international infrastructure company shares with downside mitigation.

Value $50.5M NZD
Period of data report 30th June 2024
Fund started 17th March 2023
Total annual fund fees 3.74%
Total performance based fees 0.78%
Manager's basic fee 2.81%
Other management and administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Michael Lang

Currently: Chief Executive and a Director (5 years, 9 months)
Previously: Chief Investment Officer, New Zealand Funds Management Limited (10 years, 1 months)

Mark Brooks

Currently: Chief Investment Officer and a Principal (0 years, 4 months)
Previously: Head of Income, New Zealand Funds Management Limited (16 years, 3 months)

David Haslam

Currently: Senior Dealer (7 years, 6 months)
Previously: Equities Trader, UBS NZ (0 years, 11 months)

Paul Van Wetering

Currently: Head of Investment Operations and Responsible Investing (4 years, 6 months)
Previously: Investment Analyst, New Zealand Funds Management Limited (6 years, 10 months)

Casey Keiper

Currently: Senior Equity Analyst (1 years, 9 months)
Previously: Equity Analyst, Hobson Wealth (1 years, 4 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 12.57% 5.57%

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

  • Goldman Sachs Otc Derivatives
    New Zealand Cash and Equivalents A-1
    8.28%
  • Waste Connections Inc
    Canada International Equities
    2.88%
  • Waste Management Inc
    United States International Equities
    2.88%
  • Iron Mountain Inc
    United States Listed Property
    2.83%
  • Republic Services Inc
    United States International Equities
    2.83%
  • At&T Inc
    United States International Equities
    2.81%
  • Canadian Pacific Kansas City Ltd
    Canada International Equities
    2.77%
  • Digital Realty Trust Inc
    United States Listed Property
    2.76%
  • Aena Sme SA
    Spain International Equities
    2.74%
  • American Tower Corp
    United States Listed Property
    2.73%
Type Target Actual
Cash and Cash Equivalents 2.0% 8.98%
New Zealand Fixed Interest 12.0% 0.0%
International Fixed Interest 13.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 60.0% 76.5%
Listed Properties 10.0% 13.65%
Unlisted Properties 0.0% 0.0%
Other 3.0% 0.85%
Commodities 0.0% 0.02%

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.