Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

This fund has no investments in issues of concern


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

Companies of concern

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 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

The objective of the Fund is to provide access to alternative asset classes which have a low correlation to traditional assets (equities and fixed-interest securities). These alternative asset classes can include but are not limited to private equity, real estate, renewable energy, infrastructure, commodities and hedge fund strategies. The Fund aims to provide capital growth through returns in excess of the benchmark HFRI Fund of Funds Composite Index (NZD Hedged), after fees and expenses, over the medium to long term.

Value $403k NZD
Period of data report 31st Dec. 2023
Fund started 30th June 2023
Total annual fund fees 1.85%
Total performance based fees 0.0%
Manager's basic fee 0.66%
Other management and administration charges 1.19%
Total other charges 0.0
Total other charges currency NZD

Marek Krzeczkowski

Currently: Portfolio Manager (4 years, 8 months)
Previously: Quantitative Analyst (Mint Asset Management) (1 years, 8 months)

Ryan Falls

Currently: Senior Analyst (1 years, 4 months)
Previously: Senior Vice President - Redington (UK) (4 years, 6 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.

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

  • Greencoat UK Wind PLC
    United Kingdom Other
  • Bsf-Glb Evnt Drvn-D2 Gbp Hdg
    United Kingdom Other
  • Ruffer Investment Company Ld
    United Kingdom Other
  • Bh Macro Ltd
    United Kingdom Other
  • Man Ahl Alpha AUD Class B
    Australia Other
  • Hicl Infrastructure PLC
    United Kingdom Other
  • Hgcapital Trust PLC
    United Kingdom Other
  • Lxi Reit PLC
    United Kingdom Listed Property
  • Pimco Trends Mgd Futr Streag
    Australia Other
  • Cash At Bank - Wbc
    New Zealand Cash and Equivalents
Type Target Actual
Cash and Cash Equivalents 5.0% 7.76%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 95.0% 84.37%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.