Funds

Russell Investments Global Shares Fund

Total Ethical Concerns: 15.31%

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

Companies of Concern

  • Animal Cruelty 4.14%

    • Unilever PLC
      0.44%
      0.44%
    • 0.43%
    • The Sherwin-Williams Co.
      0.35%
      0.35%
    • Exxon Mobil Corp.
      0.25%
      !!
      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
      0.25%
    • Colgate-Palmolive Co.
      0.24%
      0.24%
    • Tyson Foods Inc
      0.23%
      0.23%
    • Kansai Paint Co., Ltd.
      0.21%
      0.21%
    • Kimberly-Clark Corp.
      0.21%
      0.21%
    • FMC Corp.
      0.16%
      0.16%
    • Hindalco Industries Ltd.
      0.16%
      0.16%
    • Seiko Epson Corp.
      0.15%
      0.15%
    • Celanese Corp.
      0.13%
      0.13%
    • The Clorox Co.
      0.13%
      0.13%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Shell
      0.11%
      !!
      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
      0.11%
    • Amorepacific
      0.09%
      0.09%
    • Cabot Corp.
      0.07%
      0.07%
    • Koninklijke Ahold Delhaize Nv
      0.07%
      0.07%
    • Rpm International, Inc.
      0.05%
      0.05%
    • Otsuka Holdings Co., Ltd.
      0.04%
      0.04%
    • Symrise AG
      0.04%
      0.04%
    • Ecolab, Inc.
      0.03%
      0.03%
    • Cal-Maine Foods, Inc.
      0.02%
      0.02%
    • Hormel Foods Corp
      0.01%
      0.01%
  • Human Rights Violations 4.83%

    • 1.60%
    • 0.72%
    • Nestlé
      0.70%
      0.70%
    • Zijin Mining
      0.32%
      0.32%
    • Petrobras
      0.27%
      !!
      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
      0.27%
    • General Motors
      0.15%
      0.15%
    • 0.13%
    • Mtn Group Limited
      0.11%
      0.11%
    • Wells Fargo
      0.09%
      0.09%
    • Centrais Elétricas Brasileiras SA
      0.08%
      0.08%
    • Gail (India) Ltd.
      0.08%
      !!
      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
      0.08%
    • 0.06%
    • Daqo New Energy
      0.04%
      0.04%
    • Caterpillar
      0.03%
      0.03%
    • Holcim
      0.03%
      0.03%
    • 0.02%
    • Rio Tinto
      0.02%
      0.02%
  • Social Harm 0.89%

  • Fossil Fuels 4.32%

    • Delta Air Lines, Inc.
      0.31%
      0.31%
    • Petrobras
      0.27%
      !!
      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
      0.27%
    • Exxon Mobil Corp.
      0.25%
      !!
      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
      0.25%
    • Suncor Energy, Inc.
      0.24%
      !!
      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
      0.24%
    • Aluminum Corp. Of China Ltd.
      0.23%
      0.23%
    • Barrick Gold
      0.20%
      0.20%
    • Nrg Energy, Inc.
      0.15%
      0.15%
    • Eog Resources, Inc.
      0.14%
      !!
      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
      0.14%
    • Conocophillips
      0.13%
      !!
      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
      0.13%
    • Equinor Asa
      0.13%
      !!
      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
      0.13%
    • Gmr Airports Infrastructure Ltd.
      0.13%
      0.13%
    • Vale SA
      0.12%
      0.12%
    • Xcel Energy, Inc.
      0.12%
      0.12%
    • Canadian Natural Resources Ltd.
      0.11%
      !!
      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
      0.11%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Firstenergy Corp.
      0.11%
      0.11%
    • Halliburton Co.
      0.11%
      0.11%
    • Shell
      0.11%
      !!
      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
      0.11%
    • Clp Holdings Ltd.
      0.10%
      0.10%
    • Intertek Group PLC
      0.10%
      0.10%
    • The Weir Group PLC
      0.10%
      0.10%
    • BP
      0.09%
      !!
      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
      0.09%
    • Ecopetrol SA
      0.09%
      !!
      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
      0.09%
    • Sempra Energy
      0.09%
      !!
      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
      0.09%
    • Centrais Elétricas Brasileiras SA
      0.08%
      0.08%
    • Gail (India) Ltd.
      0.08%
      !!
      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
      0.08%
    • Valero Energy Corp.
      0.08%
      0.08%
    • Devon Energy Corp.
      0.07%
      !!
      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
      0.07%
    • Itochu Corp.
      0.06%
      !!
      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
      0.06%
    • Chubu Electric Power Co., Inc.
      0.05%
      0.05%
    • BHP
      0.04%
      !!
      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
      0.04%
    • Hess Corp.
      0.03%
      !!
      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
      0.03%
    • Jsw Energy Ltd.
      0.03%
      0.03%
    • Texas Pacific Land Corp.
      0.03%
      0.03%
    • Diamondback Energy, Inc.
      0.02%
      !!
      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
      0.02%
    • Kosmos Energy Ltd.
      0.02%
      !!
      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
      0.02%
    • Meg Energy Corp.
      0.02%
      !!
      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
      0.02%
    • Power Assets Holdings Ltd.
      0.02%
      0.02%
    • Rio Tinto
      0.02%
      0.02%
    • Tourmaline Oil Corp.
      0.02%
      !!
      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
      0.02%
    • Tullow Oil PLC
      0.02%
      !!
      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
      0.02%
    • Atco Ltd.
      0.01%
      0.01%
    • Cheniere Energy, Inc.
      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%
    • Chesapeake Energy Corp.
      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%
    • Constellation Energy Corp.
      0.01%
      0.01%
    • Drax Group PLC
      0.01%
      0.01%
    • 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%
    • Targa Resources Corp.
      0.01%
      0.01%
    • Vistra Energy
      0.01%
      0.01%
    • Ypf SA
      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%
  • Weapons 0.92%

    • 0.19%
    • Amphenol Corp.
      0.18%
      0.18%
    • Rheinmetall AG
      0.16%
      0.16%
    • 0.13%
    • Kongsberg Gruppen Asa
      0.13%
      0.13%
    • Singapore Technologies Engineering Ltd.
      0.08%
      0.08%
    • Booz Allen Hamilton Holding Corp.
      0.05%
      0.05%
  • Environmental Harm 2.76%

    • PepsiCo
      0.53%
      0.53%
    • Unilever PLC
      0.44%
      0.44%
    • 0.35%
    • Zijin Mining
      0.32%
      0.32%
    • Barrick Gold
      0.20%
      0.20%
    • Coca-Cola
      0.19%
      0.19%
    • FMC Corp.
      0.16%
      0.16%
    • Vale SA
      0.12%
      0.12%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Shell
      0.11%
      !!
      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
      0.11%
    • Mondelez
      0.10%
      0.10%
    • Archer-Daniels Midland
      0.06%
      0.06%
    • BHP
      0.04%
      !!
      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
      0.04%
    • Wh Group
      0.02%
      0.02%
    • Danone
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The underlying investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed markets and emerging international markets. The Fund employs certain investment exclusions, please refer to the SIPO for further details. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.

    Value $315M NZD
    Period of data report 31st March 2025
    Fund started 14th Nov. 2012
    Total annual fund fees 0.91%
    Total performance based fees 0.0%
    Manager's basic fee 0.73%
    Other management and administration charges 0.18%
    Total other charges 0.0
    Total other charges currency NZD

    Jordan Mccall

    Currently: Lead Portfolio Manager, Global Equities, Russell Investments (2 years, 3 months)
    Previously: Back-up Portfolio Manager, Russell Investments (7 years, 3 months)

    Patrick Egan

    Currently: Back-up Portfolio Manager, Russell Investments (2 years, 3 months)
    Previously: Member of Global Equity portfolio management team, Russell Investments (17 years, 0 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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% 10.23%
    2024 15.78% 22.59%
    2023 -4.85% 2.35%
    2022 3.53% 4.37%
    2021 35.55% 32.2%
    2020 -7.06% -2.24%
    2019 10.17% 3.32%
    2018 7.53% 10.71%
    2017 9.49% 13.36%
    2016 4.71% 1.36%

    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 March 2025.

  • Investments

    Top 10 Investments

    • S&P 500 Emini 2506 F

      United States International Equities

      16.95%
    • Microsoft Corp

      United States International Equities

      2.45%
    • Taiwan Semiconduct Manufacturing USD

      Taiwan, Province of China International Equities

      1.79%
    • Apple Inc

      United States International Equities

      1.6%
    • Meta Platforms Inc

      United States International Equities

      1.6%
    • Alphabet Inc Cap Cl C

      United States International Equities

      1.29%
    • Amazon Com Inc

      United States International Equities

      1.26%
    • Tencent Hldgs Limited

      Cayman Islands International Equities

      1.2%
    • Spi 200 2506 Fut

      Australia Australasian Equities

      1.2%
    • Mastercard Inc - Class A

      United States International Equities

      1.16%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.01%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 0.0% 1.46%
    International Equities 100.0% 97.99%
    Listed Properties 0.0% 0.5%
    Unlisted Properties 0.0% 0.0%
    Other 0.0% 0.05%
    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 31st March 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.

Issues of Concern

  • 4.14% Animal Cruelty
  • 4.83% Human Rights Violations
  • 0.89% Social Harm
  • 4.32% Fossil Fuels
  • 0.92% Weapons
  • 2.76% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Unilever PLC
      0.44%
      0.44%
    • 0.43%
    • The Sherwin-Williams Co.
      0.35%
      0.35%
    • Exxon Mobil Corp.
      0.25%
      !!
      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
      0.25%
    • Colgate-Palmolive Co.
      0.24%
      0.24%
    • Tyson Foods Inc
      0.23%
      0.23%
    • Kansai Paint Co., Ltd.
      0.21%
      0.21%
    • Kimberly-Clark Corp.
      0.21%
      0.21%
    • FMC Corp.
      0.16%
      0.16%
    • Hindalco Industries Ltd.
      0.16%
      0.16%
    • Seiko Epson Corp.
      0.15%
      0.15%
    • Celanese Corp.
      0.13%
      0.13%
    • The Clorox Co.
      0.13%
      0.13%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Shell
      0.11%
      !!
      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
      0.11%
    • Amorepacific
      0.09%
      0.09%
    • Cabot Corp.
      0.07%
      0.07%
    • Koninklijke Ahold Delhaize Nv
      0.07%
      0.07%
    • Rpm International, Inc.
      0.05%
      0.05%
    • Otsuka Holdings Co., Ltd.
      0.04%
      0.04%
    • Symrise AG
      0.04%
      0.04%
    • Ecolab, Inc.
      0.03%
      0.03%
    • Cal-Maine Foods, Inc.
      0.02%
      0.02%
    • Hormel Foods Corp
      0.01%
      0.01%
  • Human Rights Violations

    • 1.60%
    • 0.72%
    • Nestlé
      0.70%
      0.70%
    • Zijin Mining
      0.32%
      0.32%
    • Petrobras
      0.27%
      !!
      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
      0.27%
    • General Motors
      0.15%
      0.15%
    • 0.13%
    • Mtn Group Limited
      0.11%
      0.11%
    • Wells Fargo
      0.09%
      0.09%
    • Centrais Elétricas Brasileiras SA
      0.08%
      0.08%
    • Gail (India) Ltd.
      0.08%
      !!
      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
      0.08%
    • 0.06%
    • Daqo New Energy
      0.04%
      0.04%
    • Caterpillar
      0.03%
      0.03%
    • Holcim
      0.03%
      0.03%
    • 0.02%
    • Rio Tinto
      0.02%
      0.02%
  • Fossil Fuels

    • Delta Air Lines, Inc.
      0.31%
      0.31%
    • Petrobras
      0.27%
      !!
      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
      0.27%
    • Exxon Mobil Corp.
      0.25%
      !!
      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
      0.25%
    • Suncor Energy, Inc.
      0.24%
      !!
      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
      0.24%
    • Aluminum Corp. Of China Ltd.
      0.23%
      0.23%
    • Barrick Gold
      0.20%
      0.20%
    • Nrg Energy, Inc.
      0.15%
      0.15%
    • Eog Resources, Inc.
      0.14%
      !!
      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
      0.14%
    • Conocophillips
      0.13%
      !!
      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
      0.13%
    • Equinor Asa
      0.13%
      !!
      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
      0.13%
    • Gmr Airports Infrastructure Ltd.
      0.13%
      0.13%
    • Vale SA
      0.12%
      0.12%
    • Xcel Energy, Inc.
      0.12%
      0.12%
    • Canadian Natural Resources Ltd.
      0.11%
      !!
      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
      0.11%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Firstenergy Corp.
      0.11%
      0.11%
    • Halliburton Co.
      0.11%
      0.11%
    • Shell
      0.11%
      !!
      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
      0.11%
    • Clp Holdings Ltd.
      0.10%
      0.10%
    • Intertek Group PLC
      0.10%
      0.10%
    • The Weir Group PLC
      0.10%
      0.10%
    • BP
      0.09%
      !!
      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
      0.09%
    • Ecopetrol SA
      0.09%
      !!
      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
      0.09%
    • Sempra Energy
      0.09%
      !!
      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
      0.09%
    • Centrais Elétricas Brasileiras SA
      0.08%
      0.08%
    • Gail (India) Ltd.
      0.08%
      !!
      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
      0.08%
    • Valero Energy Corp.
      0.08%
      0.08%
    • Devon Energy Corp.
      0.07%
      !!
      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
      0.07%
    • Itochu Corp.
      0.06%
      !!
      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
      0.06%
    • Chubu Electric Power Co., Inc.
      0.05%
      0.05%
    • BHP
      0.04%
      !!
      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
      0.04%
    • Hess Corp.
      0.03%
      !!
      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
      0.03%
    • Jsw Energy Ltd.
      0.03%
      0.03%
    • Texas Pacific Land Corp.
      0.03%
      0.03%
    • Diamondback Energy, Inc.
      0.02%
      !!
      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
      0.02%
    • Kosmos Energy Ltd.
      0.02%
      !!
      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
      0.02%
    • Meg Energy Corp.
      0.02%
      !!
      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
      0.02%
    • Power Assets Holdings Ltd.
      0.02%
      0.02%
    • Rio Tinto
      0.02%
      0.02%
    • Tourmaline Oil Corp.
      0.02%
      !!
      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
      0.02%
    • Tullow Oil PLC
      0.02%
      !!
      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
      0.02%
    • Atco Ltd.
      0.01%
      0.01%
    • Cheniere Energy, Inc.
      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%
    • Chesapeake Energy Corp.
      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%
    • Constellation Energy Corp.
      0.01%
      0.01%
    • Drax Group PLC
      0.01%
      0.01%
    • 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%
    • Targa Resources Corp.
      0.01%
      0.01%
    • Vistra Energy
      0.01%
      0.01%
    • Ypf SA
      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%
  • Weapons

    • 0.19%
    • Amphenol Corp.
      0.18%
      0.18%
    • Rheinmetall AG
      0.16%
      0.16%
    • 0.13%
    • Kongsberg Gruppen Asa
      0.13%
      0.13%
    • Singapore Technologies Engineering Ltd.
      0.08%
      0.08%
    • Booz Allen Hamilton Holding Corp.
      0.05%
      0.05%
  • Environmental Harm

    • PepsiCo
      0.53%
      0.53%
    • Unilever PLC
      0.44%
      0.44%
    • 0.35%
    • Zijin Mining
      0.32%
      0.32%
    • Barrick Gold
      0.20%
      0.20%
    • Coca-Cola
      0.19%
      0.19%
    • FMC Corp.
      0.16%
      0.16%
    • Vale SA
      0.12%
      0.12%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Shell
      0.11%
      !!
      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
      0.11%
    • Mondelez
      0.10%
      0.10%
    • Archer-Daniels Midland
      0.06%
      0.06%
    • BHP
      0.04%
      !!
      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
      0.04%
    • Wh Group
      0.02%
      0.02%
    • Danone
      0.01%
      0.01%

About this Fund

The underlying investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed markets and emerging international markets. The Fund employs certain investment exclusions, please refer to the SIPO for further details. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.

Value $315M NZD
Period of data report 31st March 2025
Fund started 14th Nov. 2012
Total annual fund fees 0.91%
Total performance based fees 0.0%
Manager's basic fee 0.73%
Other management and administration charges 0.18%
Total other charges 0.0
Total other charges currency NZD

Jordan Mccall

Currently: Lead Portfolio Manager, Global Equities, Russell Investments (2 years, 3 months)
Previously: Back-up Portfolio Manager, Russell Investments (7 years, 3 months)

Patrick Egan

Currently: Back-up Portfolio Manager, Russell Investments (2 years, 3 months)
Previously: Member of Global Equity portfolio management team, Russell Investments (17 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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% 10.23%
2024 15.78% 22.59%
2023 -4.85% 2.35%
2022 3.53% 4.37%
2021 35.55% 32.2%
2020 -7.06% -2.24%
2019 10.17% 3.32%
2018 7.53% 10.71%
2017 9.49% 13.36%
2016 4.71% 1.36%

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 March 2025.

Top 10 Investments

  • S&P 500 Emini 2506 F

    United States International Equities

    16.95%
  • Microsoft Corp

    United States International Equities

    2.45%
  • Taiwan Semiconduct Manufacturing USD

    Taiwan, Province of China International Equities

    1.79%
  • Apple Inc

    United States International Equities

    1.6%
  • Meta Platforms Inc

    United States International Equities

    1.6%
  • Alphabet Inc Cap Cl C

    United States International Equities

    1.29%
  • Amazon Com Inc

    United States International Equities

    1.26%
  • Tencent Hldgs Limited

    Cayman Islands International Equities

    1.2%
  • Spi 200 2506 Fut

    Australia Australasian Equities

    1.2%
  • Mastercard Inc - Class A

    United States International Equities

    1.16%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.01%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 1.46%
International Equities 100.0% 97.99%
Listed Properties 0.0% 0.5%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.05%
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 31st March 2025.