Funds

Simplicity High Growth Investment Fund

Fund type: Aggressive fund

Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.

Annual Fees: 0.25%

Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

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Total Ethical Concerns: 6.73%

The average total concerns of all managed aggressive funds is 12.02%.

Companies of Concern

Animal Cruelty 2.11%
Procter & Gamble Co.
0.54%

0.54%

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.

Procter & Gamble Co. Animal Testing

Procter & Gamble Co. is a consumer products company involved in home goods, cosmetics and healthcare products. The company says they are committed to being cruelty free and ending animal testing, but are still involved in animal testing their cosmetic products, particularly on ingredients for cosmetics.

Unilever PLC
0.19%

0.19%

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.

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Unilever PLC Animal Testing Environmental Damage

Diversified personal-care, homecare, and packaged food company. The company states that its products are sold in countries where animal testing of cosmetic products is required by law. Also, the third largest producer of plastics in the world’s oceans and is the biggest corporate seller of plastic sachets, which are significantly destructive, particularly in the Global South. Has pushed back its plastic reduction targets from 2025 to 2034.

L'Oréal SA
0.12%

0.12%

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.

L'Oréal SA Animal Testing

L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.

Hermès International Sca
0.11%

0.11%

Animal Welfare Issues

Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.

Fur & Speciality Leather

Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).

The Sherwin-Williams Co.
0.11%

0.11%

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.

Colgate-Palmolive Co.
0.10%

0.10%

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.

Ecolab, Inc.
0.09%

0.09%

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.

Shin-Etsu Chemical Co., Ltd.
0.07%

0.07%

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.

Basf Se
0.06%

0.06%

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.

Highly Hazardous Chemicals

Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.

Kimberly-Clark Corp.
0.06%

0.06%

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.

Koninklijke Ahold Delhaize Nv
0.05%

0.05%

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.

Church & Dwight Co., Inc.
0.04%

0.04%

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.

Dupont De Nemours
0.04%

0.04%

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.

Givaudan SA
0.04%

0.04%

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.

Otsuka Holdings Co., Ltd.
0.04%

0.04%

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.

Bayer
0.03%

0.03%

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.

GMOs

Where companies are involved in the development or release of GMO plants and seeds.

Highly Hazardous Chemicals

Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.

Dow, Inc.
0.03%

0.03%

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.

Henkel AG & Co. Kgaa
0.03%

0.03%

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.

International Flavors & Fragrances, Inc.
0.03%

0.03%

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.

Kao Corp.
0.03%

0.03%

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.

Novozymes A/S
0.03%

0.03%

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.

Nutrien Ltd.
0.03%

0.03%

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.

Highly Hazardous Chemicals

Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.

PPG Industries, Inc.
0.03%

0.03%

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
0.02%

0.02%

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.

Entegris, Inc.
0.02%

0.02%

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.

Kering SA
0.02%

0.02%

Animal Welfare Issues

Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.

Fur & Speciality Leather

Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).

Symrise AG
0.02%

0.02%

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.

Tapestry, Inc.
0.02%

0.02%

Fur & Speciality Leather

Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).

The Clorox Co.
0.02%

0.02%

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.

The Estée Lauder Companies, Inc.
0.02%

0.02%

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.

The Estée Lauder Companies, Inc. Animal Testing

Estee Lauder is a multinational cosmetics company, a manufacturer and marketer of makeup, skincare, fragrance, and hair care products. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.

Hormel Foods Corp
0.01%

0.01%

Factory Farming

Where companies are involved in intensive poultry operations, including managing direct operations which raise birds or managing a network of contracted farmers, slaughtering, packaging and onward sale to wholesalers, retailers, and restaurant chains.

Mowi Asa
0.01%

0.01%

Animal Welfare Issues

Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Mowi Asa Animal Welfare Issues Environmental Damage

The Norwegian-based seafood company is heavily involved in the aquaculture industry, accounting for 23% of the global salmon market. They have been criticised for malpractice by NGO, Wildfish, for using chemical pesticides and causing animal harm in their Scottish salmon farms and by First Nation groups for environmental damage and biodiversity loss in Canada.

Ralph Lauren Corp.
0.01%

0.01%

Fur & Speciality Leather

Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).

Rentokil Initial
0.01%

0.01%

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.

Unicharm Corp.
0.01%

0.01%

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.
Human Rights Violations 2.0%
Johnson & Johnson
0.53%

0.53%

Public Safety

Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.

Johnson & Johnson Public Safety

Johnson & Johnson is the world's largest and most diverse healthcare firm. Repeated incidents related to the quality and safety of several of its products across drugs, devices, and consumer products. Exceptioanlly high number of liability claims relating to talc based products and links to cancers.

Nestlé
0.34%

0.34%

Human Rights Abuses

Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.

Nestlé Human Rights Abuses

Nestle manufactures and sells food and beverages. The company has been criticised for exploiting local water resources for its bottled water production, which has forced underprivileged communities to pay a premium for their groundwater while alternatives have been exhausted. They are also the third largest source of plastic trash found in oceans. There have also been several allegations of labour conflicts and human rights violations in Nestle’s palm oil, coffee, fruits and seafood supply chains.

Thermo Fisher Scientific
0.25%

0.25%

Human Rights Abuses

Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.

Thermo Fisher Scientific Human Rights Abuses

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. Thermo Fisher DNA testing kits have been linked to surveillance and discriminatory purposes by the legal authorities in Xinjiang (a region of China) for monitoring and tracking the Muslim Uyghur ethnic group and other minorities. Evidence that DNA sequencing products continue to be distributed in China, despite the company announcing it would halt sales to the region.

Palantir Technologies
0.24%

0.24%

Human Rights Abuses

Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.

War & Conflict

Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.

Palantir Technologies Human Rights Abuses War & Conflict

Has developed AI-based predictive policing systems. These are sold to Israeli security forces and used in surveillance of Palestinian in occupied Palestinian territories. The systems were originally designed for US immigration authorities and are used in the US to target immigrants and manage raids.

Uber Technologies, Inc.
0.20%

0.20%

Labour Rights Violations

Where the actions of companies have violated global standards on labour rights and freedoms; including poor treatment of workers, child and forced labour, and modern slavery.

Uber Technologies, Inc. Labour Rights Violations

A ride and food delivery service provider. As Uber considers its drivers to be contractors, this limits their employee rights to the minimum wage, and providing the same benefits and rights as traditional taxi companies.

UBS
0.12%

0.12%

Business Ethics

Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.

UBS Business Ethics

Acquired Credit Suisse in 2023, a bank with very poor governance which aided clients with tax evasion and money laundering. As a result, UBS has inherited ongoing regulatory fines and lawsuits relating to these failures. UBS has also been subject to lawsuits relating to its own manipulation of foreign exchange and interbank rates. It holds a provision of USD $4bn for claims (which may not be sufficient).

Motorola Solutions Inc
0.10%

0.10%

War & Conflict

Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.

Motorola Solutions Inc War & Conflict

Motorola is an American provider of communication products, video equipment, telecommunications equipment, software, systems, and services. Motorola Solutions and its subsidiary, Motorola Israel, have been accused of complicity in human rights violations due to its sale of communication products to the Israeli Ministry of Defence in the occupied Palestinian territories. Israeli settlements in occupied Palestinian territories are deemed illegal under international law.

Holcim
0.07%

0.07%

Business Ethics

Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.

General Motors
0.06%

0.06%

Public Safety

Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.

Saint-Gobain
0.05%

0.05%

Public Safety

Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.

Teva Pharmaceuticals
0.02%

0.02%

Public Safety

Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
Fossil Fuels 1.53%
Contact Energy Ltd.
1.25%

1.5°C
This company is on a 1.5°C pathway

1.25%

Fossil Fuel Power Generation

Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.

Contact Energy Ltd. Fossil Fuel Power Generation

One of Aotearoa New Zealand’s largest electric utilities companies. Operates three thermal power stations that employ gas and diesel. In FY2024, 81% of the energy Contact generated came from renewable energy (lower than in 2023 due to a dry winter). However, at the end of 2024 Contact opened a major new geothermal renewable facility - the Tauhara plant. It is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.

BHP
0.16%

!!
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

0.16%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

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.

BHP Environmental Damage Fossil Fuel Production

One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.

Fairfax Financial Holdings Ltd.
0.04%

0.04%

Fossil Fuel Power Generation

Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.

Dassault Systèmes Se
0.03%

0.03%

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.

Teck Resources Limited
0.02%

0.02%

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.

Hong Kong & China Gas Co. Ltd.
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

0.01%

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.

South32 Ltd.
0.01%

0.01%

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.
Weapons 0.19%
Amphenol Corp.
0.11%

0.11%

Military Weapons

Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.

Howmet Aerospace, Inc.
0.07%

0.07%

Military Weapons

Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.

Booz Allen Hamilton Holding Corp.
0.02%

0.02%

Military Weapons

Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
Environmental Harm 1.38%
The Coca-Cola Company
0.34%

0.34%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

The Coca-Cola Company Environmental Damage

Collectively the Coca-Cola related entities produce the most plastic rubbish in our oceans at 3 million tons of plastic packaging annually, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain. Coca-Cola has also been subject to several lawsuits relating to marketing claims about the sustainability of its products.

PepsiCo
0.28%

0.28%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

PepsiCo Environmental Damage

The world’s second largest source of plastic garbage in the world’s oceans, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain. Alongside other large companies who use plastics, PepsiCo appeared to lobby against some improvements propopsed by the Global Plastics Treaty.

Unilever PLC
0.19%

0.19%

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.

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Unilever PLC Animal Testing Environmental Damage

Diversified personal-care, homecare, and packaged food company. The company states that its products are sold in countries where animal testing of cosmetic products is required by law. Also, the third largest producer of plastics in the world’s oceans and is the biggest corporate seller of plastic sachets, which are significantly destructive, particularly in the Global South. Has pushed back its plastic reduction targets from 2025 to 2034.

BHP
0.16%

!!
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

0.16%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

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.

BHP Environmental Damage Fossil Fuel Production

One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.

Mondelez
0.12%

0.12%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Mondelez Environmental Damage

The fifth largest producer worldwide of plastics in our oceans. It is seen by some investors as having unambitious recycling goals which it is also not meeting. Mondelez has also been linked to deforestation and child labour due to its operations.

Danone
0.07%

0.07%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Danone Environmental Damage

The fourth largest producer of plastic pollution in our oceans globally. Annually, it uses 750,000 tonnes of plastic to package its products. The company has been subject to civil lawsuits by NGOs regarding its sustainability claims.

Freeport-Mcmoran Inc
0.07%

0.07%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Freeport-Mcmoran Inc Environmental Damage

Owns the Grasberg mine in Indonesia where tailings are disposed directly into a river. Note, this type of disposal is banned in most countries. The pollution causes significant negative impact to the health of indigenous communities and wildlife in a biodiversity hotspot.

Basf Se
0.06%

0.06%

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.

Highly Hazardous Chemicals

Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.

Bayer
0.03%

0.03%

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.

GMOs

Where companies are involved in the development or release of GMO plants and seeds.

Highly Hazardous Chemicals

Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.

Coca-Cola Bottler
0.03%

0.03%

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Coca-Cola Bottler Environmental Damage

Manufacture and bottle Coca-Cola beverages under licence. Collectively the Coca-Cola related entities produce the most plastic rubbish in our oceans at 3 million tons of plastic packaging annually, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain.

Nutrien Ltd.
0.03%

0.03%

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.

Highly Hazardous Chemicals

Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.

Mowi Asa
0.01%

0.01%

Animal Welfare Issues

Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Mowi Asa Animal Welfare Issues Environmental Damage

The Norwegian-based seafood company is heavily involved in the aquaculture industry, accounting for 23% of the global salmon market. They have been criticised for malpractice by NGO, Wildfish, for using chemical pesticides and causing animal harm in their Scottish salmon farms and by First Nation groups for environmental damage and biodiversity loss in Canada.

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From the Fund Provider

About this fund

About this Fund

Fund type: Aggressive fund

Past Returns: *12.35%

Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.

Annual Fees: 0.25%

Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

The High Growth Investment Fund provides investors with exposure to mostly growth assets (shares & property). There is a very limited exposure to income assets (cash).

Simplicity is a nonprofit fund manager, owned by the Simplicity Foundation. 15% of our fee goes to the Simplicity Foundation. We invest with a conscience. As a not-for-profit, we only charge what it costs, nothing more. And 100% online means no costly branches or commissions.

Value	$335M NZD
Period of data report	30th June 2025
Fund started	28th April 2023
Total annual fund fees	0.25%
Total performance based fees	0.0%
Manager's basic fee	0.25%
Other management and administration charges	0.0%
Total other charges	0.0
Total other charges currency	NZD

Key Personnel

Sam Stubbs	Currently: Managing Director, Simplicity (9 years, 3 months) Previously: Chief Executive Officer, TOWER Investments (5 years, 1 months)
Joy Marslin	Currently: Director, Simplicity (8 years, 7 months) Previously: Head of Private Wealth Management, Westpac NZ (3 years, 7 months)
Reuben Halper	Currently: Director, Simplicity (8 years, 1 months) Previously: Agency Lead, Google NZ (current position) (9 years, 9 months)
Andrew Lance	Currently: Chief Investment Officer, Simplicity (1 years, 4 months) Previously: Chief Operating Officer, Simplicity (7 years, 8 months)
Matthew Houtman	Currently: Head of Private Capital, Simplicity (4 years, 7 months) Previously: Co-Managing Director, Pioneer Capital Management (16 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2025.

Portfolio Holdings v

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
2025	4.07%	6.39%

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 2025.

Investments

Top 10 Investments

Nvidia Corp

United States International Equities

4.5%
Microsoft Corporation

United States International Equities

4.49%
Simplicity Living Ltd Ordinary Shares

New Zealand Unlisted Property

4.27%
Apple Inc

United States International Equities

3.66%
Fisher & Paykel Healthcare Ltd

New Zealand Australasian Equities

3.19%
Amazon.Com Inc

United States International Equities

2.54%
Auckland International Airport Ltd

New Zealand Australasian Equities

1.92%
Infratil Ltd

New Zealand Australasian Equities

1.67%
Broadcom Inc

United States International Equities

1.54%
Cash At Bank

New Zealand Cash and Equivalents

1.31%

Type	Target	Actual
Cash and Cash Equivalents	2.0%	3.16%
New Zealand Fixed Interest	0.0%	0.0%
International Fixed Interest	0.0%	0.0%
Australasian Equities	16.28%	21.07%
International Equities	71.72%	71.5%
Listed Properties	0.0%	0.0%
Unlisted Properties	10.0%	4.27%
Other	0.0%	0.0%
Commodities	0.0%	0.0%

Investment Mix

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 30th June 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.

Companies of Concern
About this fund
Past Returns
Investments

Issues of Concern

2.11% Animal Cruelty
2.0% Human Rights Violations
0.0% Social Harm
1.53% Fossil Fuels
0.19% Weapons
1.38% Environmental Harm

Companies of Concern

Animal Cruelty
- Procter & Gamble Co.
  0.54%
  
  0.54%
  
  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.
  
  Procter & Gamble Co. Animal Testing
  
  Procter & Gamble Co. is a consumer products company involved in home goods, cosmetics and healthcare products. The company says they are committed to being cruelty free and ending animal testing, but are still involved in animal testing their cosmetic products, particularly on ingredients for cosmetics.
- Unilever PLC
  0.19%
  
  0.19%
  
  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.
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Unilever PLC Animal Testing Environmental Damage
  
  Diversified personal-care, homecare, and packaged food company. The company states that its products are sold in countries where animal testing of cosmetic products is required by law. Also, the third largest producer of plastics in the world’s oceans and is the biggest corporate seller of plastic sachets, which are significantly destructive, particularly in the Global South. Has pushed back its plastic reduction targets from 2025 to 2034.
- L'Oréal SA
  0.12%
  
  0.12%
  
  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.
  
  L'Oréal SA Animal Testing
  
  L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
- Hermès International Sca
  0.11%
  
  0.11%
  
  Animal Welfare Issues
  
  Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
  
  Fur & Speciality Leather
  
  Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
- The Sherwin-Williams Co.
  0.11%
  
  0.11%
  
  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.
- Colgate-Palmolive Co.
  0.10%
  
  0.10%
  
  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.
- Ecolab, Inc.
  0.09%
  
  0.09%
  
  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.
- Shin-Etsu Chemical Co., Ltd.
  0.07%
  
  0.07%
  
  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.
- Basf Se
  0.06%
  
  0.06%
  
  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.
  
  Highly Hazardous Chemicals
  
  Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.
- Kimberly-Clark Corp.
  0.06%
  
  0.06%
  
  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.
- Koninklijke Ahold Delhaize Nv
  0.05%
  
  0.05%
  
  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.
- Church & Dwight Co., Inc.
  0.04%
  
  0.04%
  
  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.
- Dupont De Nemours
  0.04%
  
  0.04%
  
  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.
- Givaudan SA
  0.04%
  
  0.04%
  
  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.
- Otsuka Holdings Co., Ltd.
  0.04%
  
  0.04%
  
  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.
- Bayer
  0.03%
  
  0.03%
  
  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.
  
  GMOs
  
  Where companies are involved in the development or release of GMO plants and seeds.
  
  Highly Hazardous Chemicals
  
  Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.
- Dow, Inc.
  0.03%
  
  0.03%
  
  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.
- Henkel AG & Co. Kgaa
  0.03%
  
  0.03%
  
  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.
- International Flavors & Fragrances, Inc.
  0.03%
  
  0.03%
  
  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.
- Kao Corp.
  0.03%
  
  0.03%
  
  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.
- Novozymes A/S
  0.03%
  
  0.03%
  
  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.
- Nutrien Ltd.
  0.03%
  
  0.03%
  
  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.
  
  Highly Hazardous Chemicals
  
  Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.
- PPG Industries, Inc.
  0.03%
  
  0.03%
  
  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
  0.02%
  
  0.02%
  
  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.
- Entegris, Inc.
  0.02%
  
  0.02%
  
  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.
- Kering SA
  0.02%
  
  0.02%
  
  Animal Welfare Issues
  
  Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
  
  Fur & Speciality Leather
  
  Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
- Symrise AG
  0.02%
  
  0.02%
  
  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.
- Tapestry, Inc.
  0.02%
  
  0.02%
  
  Fur & Speciality Leather
  
  Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
- The Clorox Co.
  0.02%
  
  0.02%
  
  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.
- The Estée Lauder Companies, Inc.
  0.02%
  
  0.02%
  
  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.
  
  The Estée Lauder Companies, Inc. Animal Testing
  
  Estee Lauder is a multinational cosmetics company, a manufacturer and marketer of makeup, skincare, fragrance, and hair care products. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
- Hormel Foods Corp
  0.01%
  
  0.01%
  
  Factory Farming
  
  Where companies are involved in intensive poultry operations, including managing direct operations which raise birds or managing a network of contracted farmers, slaughtering, packaging and onward sale to wholesalers, retailers, and restaurant chains.
- Mowi Asa
  0.01%
  
  0.01%
  
  Animal Welfare Issues
  
  Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Mowi Asa Animal Welfare Issues Environmental Damage
  
  The Norwegian-based seafood company is heavily involved in the aquaculture industry, accounting for 23% of the global salmon market. They have been criticised for malpractice by NGO, Wildfish, for using chemical pesticides and causing animal harm in their Scottish salmon farms and by First Nation groups for environmental damage and biodiversity loss in Canada.
- Ralph Lauren Corp.
  0.01%
  
  0.01%
  
  Fur & Speciality Leather
  
  Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
- Rentokil Initial
  0.01%
  
  0.01%
  
  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.
- Unicharm Corp.
  0.01%
  
  0.01%
  
  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.
Human Rights Violations
- Johnson & Johnson
  0.53%
  
  0.53%
  
  Public Safety
  
  Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
  
  Johnson & Johnson Public Safety
  
  Johnson & Johnson is the world's largest and most diverse healthcare firm. Repeated incidents related to the quality and safety of several of its products across drugs, devices, and consumer products. Exceptioanlly high number of liability claims relating to talc based products and links to cancers.
- Nestlé
  0.34%
  
  0.34%
  
  Human Rights Abuses
  
  Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
  
  Nestlé Human Rights Abuses
  
  Nestle manufactures and sells food and beverages. The company has been criticised for exploiting local water resources for its bottled water production, which has forced underprivileged communities to pay a premium for their groundwater while alternatives have been exhausted. They are also the third largest source of plastic trash found in oceans. There have also been several allegations of labour conflicts and human rights violations in Nestle’s palm oil, coffee, fruits and seafood supply chains.
- Thermo Fisher Scientific
  0.25%
  
  0.25%
  
  Human Rights Abuses
  
  Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
  
  Thermo Fisher Scientific Human Rights Abuses
  
  Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. Thermo Fisher DNA testing kits have been linked to surveillance and discriminatory purposes by the legal authorities in Xinjiang (a region of China) for monitoring and tracking the Muslim Uyghur ethnic group and other minorities. Evidence that DNA sequencing products continue to be distributed in China, despite the company announcing it would halt sales to the region.
- Palantir Technologies
  0.24%
  
  0.24%
  
  Human Rights Abuses
  
  Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
  
  War & Conflict
  
  Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.
  
  Palantir Technologies Human Rights Abuses War & Conflict
  
  Has developed AI-based predictive policing systems. These are sold to Israeli security forces and used in surveillance of Palestinian in occupied Palestinian territories. The systems were originally designed for US immigration authorities and are used in the US to target immigrants and manage raids.
- Uber Technologies, Inc.
  0.20%
  
  0.20%
  
  Labour Rights Violations
  
  Where the actions of companies have violated global standards on labour rights and freedoms; including poor treatment of workers, child and forced labour, and modern slavery.
  
  Uber Technologies, Inc. Labour Rights Violations
  
  A ride and food delivery service provider. As Uber considers its drivers to be contractors, this limits their employee rights to the minimum wage, and providing the same benefits and rights as traditional taxi companies.
- UBS
  0.12%
  
  0.12%
  
  Business Ethics
  
  Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
  
  UBS Business Ethics
  
  Acquired Credit Suisse in 2023, a bank with very poor governance which aided clients with tax evasion and money laundering. As a result, UBS has inherited ongoing regulatory fines and lawsuits relating to these failures. UBS has also been subject to lawsuits relating to its own manipulation of foreign exchange and interbank rates. It holds a provision of USD $4bn for claims (which may not be sufficient).
- Motorola Solutions Inc
  0.10%
  
  0.10%
  
  War & Conflict
  
  Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.
  
  Motorola Solutions Inc War & Conflict
  
  Motorola is an American provider of communication products, video equipment, telecommunications equipment, software, systems, and services. Motorola Solutions and its subsidiary, Motorola Israel, have been accused of complicity in human rights violations due to its sale of communication products to the Israeli Ministry of Defence in the occupied Palestinian territories. Israeli settlements in occupied Palestinian territories are deemed illegal under international law.
- Holcim
  0.07%
  
  0.07%
  
  Business Ethics
  
  Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
- General Motors
  0.06%
  
  0.06%
  
  Public Safety
  
  Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
- Saint-Gobain
  0.05%
  
  0.05%
  
  Public Safety
  
  Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
- Teva Pharmaceuticals
  0.02%
  
  0.02%
  
  Public Safety
  
  Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
Fossil Fuels
- Contact Energy Ltd.
  1.25%
  
  1.5°C
  This company is on a 1.5°C pathway
  
  1.25%
  
  Fossil Fuel Power Generation
  
  Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
  
  Contact Energy Ltd. Fossil Fuel Power Generation
  
  One of Aotearoa New Zealand’s largest electric utilities companies. Operates three thermal power stations that employ gas and diesel. In FY2024, 81% of the energy Contact generated came from renewable energy (lower than in 2023 due to a dry winter). However, at the end of 2024 Contact opened a major new geothermal renewable facility - the Tauhara plant. It is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
- BHP
  0.16%
  
  !!
  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
  
  0.16%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  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.
  
  BHP Environmental Damage Fossil Fuel Production
  
  One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.
- Fairfax Financial Holdings Ltd.
  0.04%
  
  0.04%
  
  Fossil Fuel Power Generation
  
  Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
- Dassault Systèmes Se
  0.03%
  
  0.03%
  
  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.
- Teck Resources Limited
  0.02%
  
  0.02%
  
  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.
- Hong Kong & China Gas Co. Ltd.
  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
  
  0.01%
  
  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.
- South32 Ltd.
  0.01%
  
  0.01%
  
  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.
Weapons
- Amphenol Corp.
  0.11%
  
  0.11%
  
  Military Weapons
  
  Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
- Howmet Aerospace, Inc.
  0.07%
  
  0.07%
  
  Military Weapons
  
  Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
- Booz Allen Hamilton Holding Corp.
  0.02%
  
  0.02%
  
  Military Weapons
  
  Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
Environmental Harm
- The Coca-Cola Company
  0.34%
  
  0.34%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  The Coca-Cola Company Environmental Damage
  
  Collectively the Coca-Cola related entities produce the most plastic rubbish in our oceans at 3 million tons of plastic packaging annually, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain. Coca-Cola has also been subject to several lawsuits relating to marketing claims about the sustainability of its products.
- PepsiCo
  0.28%
  
  0.28%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  PepsiCo Environmental Damage
  
  The world’s second largest source of plastic garbage in the world’s oceans, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain. Alongside other large companies who use plastics, PepsiCo appeared to lobby against some improvements propopsed by the Global Plastics Treaty.
- Unilever PLC
  0.19%
  
  0.19%
  
  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.
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Unilever PLC Animal Testing Environmental Damage
  
  Diversified personal-care, homecare, and packaged food company. The company states that its products are sold in countries where animal testing of cosmetic products is required by law. Also, the third largest producer of plastics in the world’s oceans and is the biggest corporate seller of plastic sachets, which are significantly destructive, particularly in the Global South. Has pushed back its plastic reduction targets from 2025 to 2034.
- BHP
  0.16%
  
  !!
  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
  
  0.16%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  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.
  
  BHP Environmental Damage Fossil Fuel Production
  
  One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.
- Mondelez
  0.12%
  
  0.12%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Mondelez Environmental Damage
  
  The fifth largest producer worldwide of plastics in our oceans. It is seen by some investors as having unambitious recycling goals which it is also not meeting. Mondelez has also been linked to deforestation and child labour due to its operations.
- Danone
  0.07%
  
  0.07%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Danone Environmental Damage
  
  The fourth largest producer of plastic pollution in our oceans globally. Annually, it uses 750,000 tonnes of plastic to package its products. The company has been subject to civil lawsuits by NGOs regarding its sustainability claims.
- Freeport-Mcmoran Inc
  0.07%
  
  0.07%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Freeport-Mcmoran Inc Environmental Damage
  
  Owns the Grasberg mine in Indonesia where tailings are disposed directly into a river. Note, this type of disposal is banned in most countries. The pollution causes significant negative impact to the health of indigenous communities and wildlife in a biodiversity hotspot.
- Basf Se
  0.06%
  
  0.06%
  
  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.
  
  Highly Hazardous Chemicals
  
  Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.
- Bayer
  0.03%
  
  0.03%
  
  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.
  
  GMOs
  
  Where companies are involved in the development or release of GMO plants and seeds.
  
  Highly Hazardous Chemicals
  
  Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.
- Coca-Cola Bottler
  0.03%
  
  0.03%
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Coca-Cola Bottler Environmental Damage
  
  Manufacture and bottle Coca-Cola beverages under licence. Collectively the Coca-Cola related entities produce the most plastic rubbish in our oceans at 3 million tons of plastic packaging annually, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain.
- Nutrien Ltd.
  0.03%
  
  0.03%
  
  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.
  
  Highly Hazardous Chemicals
  
  Where companies are involved in the production or distribution of chemicals which are highly hazardous to human or environmental health including herbicides, pesticides and PFAS.
- Mowi Asa
  0.01%
  
  0.01%
  
  Animal Welfare Issues
  
  Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
  
  Environmental Damage
  
  Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
  
  Mowi Asa Animal Welfare Issues Environmental Damage
  
  The Norwegian-based seafood company is heavily involved in the aquaculture industry, accounting for 23% of the global salmon market. They have been criticised for malpractice by NGO, Wildfish, for using chemical pesticides and causing animal harm in their Scottish salmon farms and by First Nation groups for environmental damage and biodiversity loss in Canada.

About this Fund

Fund type: Aggressive fund

Past Returns: *12.35%

Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.

Annual Fees: 0.25%

Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

The High Growth Investment Fund provides investors with exposure to mostly growth assets (shares & property). There is a very limited exposure to income assets (cash).

Value	$335M NZD
Period of data report	30th June 2025
Fund started	28th April 2023
Total annual fund fees	0.25%
Total performance based fees	0.0%
Manager's basic fee	0.25%
Other management and administration charges	0.0%
Total other charges	0.0
Total other charges currency	NZD

Key Personnel

Sam Stubbs	Currently: Managing Director, Simplicity (9 years, 3 months) Previously: Chief Executive Officer, TOWER Investments (5 years, 1 months)
Joy Marslin	Currently: Director, Simplicity (8 years, 7 months) Previously: Head of Private Wealth Management, Westpac NZ (3 years, 7 months)
Reuben Halper	Currently: Director, Simplicity (8 years, 1 months) Previously: Agency Lead, Google NZ (current position) (9 years, 9 months)
Andrew Lance	Currently: Chief Investment Officer, Simplicity (1 years, 4 months) Previously: Chief Operating Officer, Simplicity (7 years, 8 months)
Matthew Houtman	Currently: Head of Private Capital, Simplicity (4 years, 7 months) Previously: Co-Managing Director, Pioneer Capital Management (16 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2025.

Portfolio Holdings v

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
2025	4.07%	6.39%

Top 10 Investments

Nvidia Corp

United States International Equities

4.5%
Microsoft Corporation

United States International Equities

4.49%
Simplicity Living Ltd Ordinary Shares

New Zealand Unlisted Property

4.27%
Apple Inc

United States International Equities

3.66%
Fisher & Paykel Healthcare Ltd

New Zealand Australasian Equities

3.19%
Amazon.Com Inc

United States International Equities

2.54%
Auckland International Airport Ltd

New Zealand Australasian Equities

1.92%
Infratil Ltd

New Zealand Australasian Equities

1.67%
Broadcom Inc

United States International Equities

1.54%
Cash At Bank

New Zealand Cash and Equivalents

1.31%

Type	Target	Actual
Cash and Cash Equivalents	2.0%	3.16%
New Zealand Fixed Interest	0.0%	0.0%
International Fixed Interest	0.0%	0.0%
Australasian Equities	16.28%	21.07%
International Equities	71.72%	71.5%
Listed Properties	0.0%	0.0%
Unlisted Properties	10.0%	4.27%
Other	0.0%	0.0%
Commodities	0.0%	0.0%

Investment Mix

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 30th June 2025.

Funds

Simplicity High Growth Investment Fund

Total Ethical Concerns: 6.73%

Companies of Concern

Animal Cruelty 2.11%

Human Rights Violations 2.0%

Fossil Fuels 1.53%

Weapons 0.19%

Environmental Harm 1.38%

From the Fund Provider

About this fund

About this Fund

In their own words

Key Personnel

Past Returns

Past Returns

Investments

Top 10 Investments

Investment Mix

Issues of Concern

Companies of Concern

Animal Cruelty

Human Rights Violations

Fossil Fuels

Weapons

Environmental Harm

About this Fund

In their own words

Key Personnel

Past Returns

Top 10 Investments

Investment Mix

Disclosures

Investing Risk

How we are funded

Privacy