Funds
Betashares Global Quality Leaders Fund
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
Human Rights Violations
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Meta Platforms Inc-Class A 2.12%
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.
META PLATFORMS INC-CLASS A Public Safety
Meta is the world’s largest online social network consisting of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. The company has faced several investigations and legal action linked to privacy-related allegations, including its handling of user data, and breaches of user privacy. Meta has also been criticised for its poor governance model, as well as allowing its platform in non-English speaking countries to be used to incite ethnic violence.
-
Rio Tinto PLC-Spon Adr 1.54%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
RIO TINTO PLC-SPON ADR Fossil Fuel Power Generation Human Rights Abuses
Rio Tinto is a global diversified miner, predominantly in iron ore but also copper, aluminium, diamonds, gold, and industrial minerals. Evidence shows that in 2020, Rio Tinto destroyed Aboriginal 46,000-year-old sacred sites at an iron mine in Western Australia, leaving a considerable impact on the traditional owners from the loss of their heritage. There is also a pattern of evidence showing harmful community-related incidents involving Rio Tinto in West Papua, South Africa, Canada, the United States and Serbia.
Rio Tinto is also involved in fossil fuel power generation, as the company derives revenue from coal power plants through multiple associates and subsidiaries.
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Meta Platforms Inc-Class A 2.12%
Environmental Harm
-
3M Co 1.17%
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.
3M CO Animal Testing Environmental Damage
3M Co is a diversified technology company that has been fined in recent years for environmental non-compliance, regarding the pollution of rivers, waterways and groundwater with toxic chemicals, broadly referred to as per- and polyfluoroalkyl substances (PFAS). 3M Co also states it uses laboratory animals in the research and development of some products and is therefore considered to be involved in animal testing.
-
Nissan Chemical Corp 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.
Highly Hazardous Pesticides
Where companies are involved in the production or distribution of highly hazardous pesticides, according to the PAN International List of Highly Hazardous Pesticides.
-
3M Co 1.17%
Animal Cruelty
-
L'Oreal 2.01%
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.
L'OREAL 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.
-
Hermes International 1.45%
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).
-
Shin-Etsu Chemical Co., Ltd. 1.33%
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.
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3M Co 1.17%
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.
3M CO Animal Testing Environmental Damage
3M Co is a diversified technology company that has been fined in recent years for environmental non-compliance, regarding the pollution of rivers, waterways and groundwater with toxic chemicals, broadly referred to as per- and polyfluoroalkyl substances (PFAS). 3M Co also states it uses laboratory animals in the research and development of some products and is therefore considered to be involved in animal testing.
-
Moncler Spa 0.27%
Fur & Speciality Leather
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
-
Novozymes A/S-B Shares 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.
-
Otsuka Corp 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.
-
Ems-Chemie Holding AG-Reg 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.
-
Nissan Chemical Corp 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.
Highly Hazardous Pesticides
Where companies are involved in the production or distribution of highly hazardous pesticides, according to the PAN International List of Highly Hazardous Pesticides.
-
L'Oreal 2.01%
Weapons
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General Dynamics Corp. 1.38%
Controversial Weapons
Where companies are involved in the manufacturing or retail of controversial weapons (e.g., landmines and cluster munitions) or components or services thereof.
Firearms
Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.
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.
Nuclear Weapons
Where companies are involved in the manufacturing or sale of nuclear weapons or components or services thereof.
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Amphenol Corp 1.14%
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.
-
General Dynamics Corp. 1.38%
Fossil Fuels
-
Eog Resources Inc 1.71%
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.
-
Rio Tinto PLC-Spon Adr 1.54%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
RIO TINTO PLC-SPON ADR Fossil Fuel Power Generation Human Rights Abuses
Rio Tinto is a global diversified miner, predominantly in iron ore but also copper, aluminium, diamonds, gold, and industrial minerals. Evidence shows that in 2020, Rio Tinto destroyed Aboriginal 46,000-year-old sacred sites at an iron mine in Western Australia, leaving a considerable impact on the traditional owners from the loss of their heritage. There is also a pattern of evidence showing harmful community-related incidents involving Rio Tinto in West Papua, South Africa, Canada, the United States and Serbia.
Rio Tinto is also involved in fossil fuel power generation, as the company derives revenue from coal power plants through multiple associates and subsidiaries. -
Pioneer Natural Resources Co 1.24%
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.
PIONEER NATURAL RESOURCES CO Fossil Fuel Production
Pioneer Natural Resources, headquartered in the USA, is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. Between 2021 and 2023, the company spent an average of USD $2,085 million per year on exploration activities alone. Fracking accounts for 98.4% of production.
After generating 300 million barrels of oil in 2023, the company plans to expand their operations an additional 1,485 million barrels in the short term (1-7 years). The expansion is proposed in the USA. Evidence shows the company is far from being on a climate change pathway aligned with 1.5°C of global temperature rise, as the company’s planned short-term expansion overshoots the IEA Net-Zero Emissions Scenario by 81.9%.
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Tourmaline Oil Corp 0.39%
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.
-
Texas Pacific Land Corp 0.33%
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.
-
Chesapeake Energy Corp 0.26%
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.
-
Intertek Group PLC 0.18%
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.
-
Eog Resources Inc 1.71%
This data is compiled by Mindful Money from the fund information and portfolios
that each fund has
filed with the Disclose register to 30th Sept. 2023 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 fund aims to provide an investment return that tracks the performance of the iSTOXX MUTB Global ex-Australia Quality Leaders Index, before taking into account fees and expenses.
Value | $489k NZD |
Period of data report | 31st Dec. 2023 |
Fund started | 29th May 2023 |
Total annual fund fees | 0.49% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.49% |
Other management and administration charges | 0.0% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Alex Vynokur |
Currently: Director (1 years, 5 months) |
Jason Gellert |
Currently: Director (1 years, 5 months) |
Edward Sippel |
Currently: Director (1 years, 5 months) |
Louis Crous |
Currently: Chief Investment Officer (1 years, 5 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.
- No attachments
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 |
---|
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 Dec. 2023.
Top 10 Investments
-
Intuit Inc
United States International Equities2.1% -
Applied Materials Inc
United States International Equities2.1% -
Meta Platforms Inc
United States International Equities2.1% -
Texas Instruments Inc
United States International Equities2.1% -
Costco Wholesale Corp
United States International Equities2.1% -
Asml Holding Nv
Netherlands International Equities2.1% -
Novo Nordisk
Denmark International Equities2.0% -
Nvidia Corp
United States International Equities2.0% -
Honeywell International Inc
United States International Equities2.0% -
L'Oreal SA
France International Equities2.0%
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 0.0% | 0.27% |
New Zealand Fixed Interest | 0.0% | 0.0% |
International Fixed Interest | 0.0% | 0.0% |
Australasian Equities | 0.0% | 0.0% |
International Equities | 100.0% | 99.73% |
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 31st Dec. 2023.