Russell Investments Hedged Global Shares Fund

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Not Mindful
Type: Aggressive fund
Past Returns: -1.14%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.54%

Annual fees, including any membership and % management fee.

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.


Fossil Fuel

Agl Energy Ltd 0.03%
Alliant Energy Corp 0.04%
Ameren Corporation 0.09%
Anglo American PLC 0.60%
Basf Se 0.09%
BHP Group PLC 0.03%
Bollore 0.04%
BP PLC 0.38%
Centrica PLC 0.14%
Chevron Corp 0.09%
China Longyuan Power Group-H 0.12%
Chubu Electric Power Co Inc 0.04%
Ck Hutchison Holdings Ltd 0.02%
Clp Holdings Ltd 0.09%
Cnooc Ltd-Spon Adr 0.09%
Coca-Cola Co/The 0.04%
Dominion Energy Inc 0.03%
Dte Energy Company 0.05%
Enbridge Inc 0.06%
Enel Spa 0.03%
Eneos Holdings Inc 0.03%
Exxon Mobil Corp 0.12%
First Quantum Minerals Ltd 0.34%
Fortum Oyj 0.02%
Franco-Nevada Corp 0.07%
Hk Electric Investments -Ss 0.03%
Idemitsu Kosan Co Ltd 0.01%
Itochu Corp 0.04%
Kinder Morgan Inc 0.05%
Loews Corp 0.02%
Lukoil PJSC-Spon Adr 0.20%
Marubeni Corp 0.02%
Mitsubishi Corp 0.04%
Mitsui & Co Ltd 0.05%
Naturgy Energy Group SA 0.05%
Neste Oyj 0.04%
New World Development 0.02%
Nextera Energy Inc 0.09%
Nrg Energy Inc 0.09%
Oge Energy Corp 0.02%
Orix Corp 0.02%
Osaka Gas Co Ltd 0.04%
Pembina Pipeline Corp 0.03%
Petrobras - Petroleo Bras-Pr 0.29%
Petrobras Distribuidora SA 0.05%
Phillips 66 0.02%
Pinnacle West Capital 0.04%
Power Assets Holdings Ltd 0.02%
Ppl Corp 0.02%
Reliance Industries Ltd 0.66%
Rio Tinto PLC 0.09%
Royal Dutch Shell PLC-A Shs 0.02%
Royal Dutch Shell PLC-B Shs 0.29%
South32 Ltd 0.03%
Sumitomo Corp 0.03%
Suncor Energy Inc 0.18%
Total Se 0.06%
Tullow Oil PLC 0.02%
Ugi Corp 0.05%
Uniper Se 0.03%
Upm-Kymmene Oyj 0.04%
Vale SA 0.16%
Vistra Corp 0.09%
Vopak 0.02%
Wec Energy Group Inc 0.07%
Xcel Energy Inc 0.07%

Weapons

Canadian Tire Corp-Class A 0.03%
Daicel Corp 0.21%
Jfe Holdings Inc 0.19%
Leidos Holdings Inc 0.10%
Qinetiq Group PLC 0.27%

Tobacco

Alimentation Couche-Tard -B 0.04%
Essentra PLC 0.02%

Gambling

Draftkings Inc - Cl A 0.15%
Galaxy Entertainment Group L 0.25%

Alcohol

Boston Beer Company Inc-A 0.13%
Budweiser Brewing Co Apac Lt 0.13%
Constellation Brands Inc-A 0.17%
Diageo PLC 0.28%
Heineken Nv 0.24%
Jiangsu Yanghe Brewery -A 0.17%
LVMH Moet Hennessy Louis Vui 0.22%
Stock Spirits Group PLC 0.19%
United Spirits Ltd 0.08%
Want Want China Holdings Ltd 0.12%

Palm Oil

Wilmar International Ltd 0.02%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co 0.03%
Barrick Gold Corp 0.03%
BHP Group PLC 0.03%
Chevron Corp 0.09%
Duke Energy Corp 0.06%
Essity Aktiebolag-B 0.11%
Johnson & Johnson 0.73%
Mmc Norilsk Nickel PJSC-Adr 0.08%
Nestle SA-Reg 0.91%
Nutrien Ltd 0.04%
Rio Tinto PLC 0.09%
Royal Dutch Shell PLC-A Shs 0.02%
Royal Dutch Shell PLC-B Shs 0.29%
Vale SA 0.16%
Wilmar International Ltd 0.02%

Animal Testing

Air Products & Chemicals Inc 0.080%
Archer-Daniels-Midland Co 0.030%
Basf Se 0.090%
Bayer AG-Reg 0.060%
Celanese Corp 0.020%
Chevron Corp 0.090%
Clorox Company 0.060%
Coca-Cola Co/The 0.040%
Colgate-Palmolive Co 0.070%
Colruyt SA 0.030%
Daicel Corp 0.210%
Eastman Chemical Co 0.030%
Elementis PLC 0.120%
Ems-Chemie Holding AG-Reg 0.040%
Essity Aktiebolag-B 0.110%
Evonik Industries AG 0.020%
Fujifilm Holdings Corp 0.050%
General Mills Inc 0.030%
Glaxosmithkline PLC 0.670%
Hp Inc 0.070%
Icl Group Ltd 0.030%
Idemitsu Kosan Co Ltd 0.010%
Ingersoll-Rand Inc 0.160%
Ingredion Inc 0.020%
Johnson & Johnson 0.730%
Johnson Matthey PLC 0.020%
Kimberly-Clark Corp 0.060%
Kraft Heinz Co/The 0.020%
LVMH Moet Hennessy Louis Vui 0.220%
Marubeni Corp 0.020%
Mondelez International Inc-A 0.070%
Nestle SA-Reg 0.910%
Nippon Shokubai Co Ltd 0.200%
Nutrien Ltd 0.040%
Orkla Asa 0.080%
Pepsico Inc 0.660%
Procter & Gamble Co/The 0.350%
Reckitt Benckiser Group PLC 0.070%
Reliance Industries Ltd 0.660%
Royal Dutch Shell PLC-A Shs 0.020%
Royal Dutch Shell PLC-B Shs 0.290%
Sherwin-Williams Co/The 0.410%
Tesco PLC 0.440%
Unilever Nv 0.320%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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.

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
2020 -7.57% -15.27%
2019 10.01% 0.37%
2018 7.40% 11.47%
2017 9.64% 17.84%
2016 4.71% -5.52%
2015 14.67% 16.5%
2014 10.13% 17.02%

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 Wed Sept. 30th 2020.

Showing the top 10 investments for this fund:

  • Taiwan Semiconductor Manufacturing
    Taiwan, Province of China International Equities
    2.6%
  • Microsoft Corp.
    United States International Equities
    2.47%
  • Samsung Electronics Co. Ltd.
    Korea, Republic of International Equities
    1.83%
  • New Zealand Dollar Cash Deposit (State Street Bank & Trust)
    New Zealand Cash and Equivalents AAA
    1.82%
  • Apple Inc.
    United States International Equities
    1.77%
  • Alibaba Group Holding-Sp Adr
    China International Equities
    1.38%
  • Tencent Holdings Ltd.
    Hong Kong International Equities
    1.25%
  • Roche Holding AG-Genusschein
    Switzerland International Equities
    1.18%
  • Amazon.Com Inc.
    United States International Equities
    0.98%
  • Facebook Inc. - Class A
    United States International Equities
    0.95%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 2.94%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.52%
International Equities 100.0% 98.29%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% -1.75%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.73%
  • Animal Testing:
    7.77%
  • Fossil Fuels:
    5.89%
  • Gambling:
    0.40%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    2.70%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.06%
  • Weapons:
    0.81%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"Provides investors with exposure to international shares actively managed using a multi-manager approach with a blend of managers to provide access to leading global specialists. Targets a position of being fully hedged back to the New Zealand dollar."

Value $86M NZD
Period of data report Wed Sept. 30th 2020
Members Not provided
Fund started Tue July 24th 2012
Total annual fund fees 1.54%
Total performance based fees 0.0%
Manager's basic fee 1.34%
Administration charges 0.2%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Jon Eggins

Currently: Senior Portfolio Manager Global Equities Russell Investments (9 years, 7 months)
Previously: Senior Research Analyst Russell Investments (2 years, 0 months)

Chris Ellam

Currently: Portfolio Analyst (Global Equities) Russell Investments (6 years, 2 months)
Previously: Operations Associate Russell Investments (1 years, 7 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.