Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Aker BP Asa 0.16%
Apache Corp 0.01%
Arcelormittal 0.07%
BP Capital Markets PLC 0.17%
Chevron Corp 0.05%
Chevron Usa Inc 0.17%
Cnooc Finance 2013 Ltd 0.02%
Conocophillips Company 0.12%
Ecopetrol SA 0.04%
Electricite De France SA 0.29%
Enbridge Inc 0.07%
Energy Transfer Operatng 0.05%
Eni Finance Usa Inc 0.12%
Eqm Midstream Partners L 0.01%
Evraz PLC 0.02%
Exxon Mobil Corporation 0.01%
Firstenergy Corp 0.03%
Fortis Inc 0.01%
Kazmunaygas National Co 0.02%
Kinder Morgan Ener Part 0.01%
Kinder Morgan Inc 0.01%
Mplx Lp 0.02%
Newfield Exploration Co 0.15%
Perusahaan Listrik Negar 0.07%
Petroleos Mexicanos 0.30%
Pt Pertamina (Persero) 0.01%
Reliance Industries Ltd 0.03%
Total Capital Canada Ltd 0.05%
Total Capital Intl SA 0.15%
Vistra Corp 0.09%
Wintershall Dea Finance 0.07%
Wpx Energy Inc 0.01%
Weapons
Viasat Inc 0.01%
Alcohol
Anheuser-Busch Inbev SA/ 0.06%
Anheuser-Busch Inbev Wor 0.02%
Human Rights & Environmental Violations
Chevron Corp 0.05%
Freeport-Mcmoran Inc 0.01%
Johnson & Johnson 0.17%
Nestle Holdings Inc 0.09%
Animal Testing
Chevron Corp 0.050%
Dupont De Nemours Inc 0.010%
General Mills Inc 0.080%
Johnson & Johnson 0.170%
Keurig Dr Pepper Inc 0.010%
Mont Blanc Capital Corp 0.210%
Nestle Holdings Inc 0.090%
Orbia Advance Corp Sab 0.030%
Procter & Gamble Co/The 0.060%
Reckitt Benckiser Tsy 0.230%
Reliance Industries Ltd 0.030%
Unilever Capital Corp 0.140%
Wr Grace & Co-Conn 0.010%
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 | 1.67% | 3.17% |
2019 | 2.69% | 2.16% |
2018 | 2.37% | 2.66% |
2017 | 1.63% | 2.68% |
2016 | 2.91% | 2.52% |
2015 | 5.21% | 8.22% |
2014 | 1.36% | 1.96% |
2013 | 4.22% | 7.64% |
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:
-
New Zealand Dollar Cash Deposit (State Street Bank & Trust)
New Zealand Cash and Equivalents AAA6.98% -
Federal National Mortgage Association 3.5% 14/10/2020
United States Int Fixed Interest AAA1.9% -
US Dollar Cash Deposit (State Street Bank & Trust)
United States Cash and Equivalents AAA1.62% -
Federal National Mortgage Association 3% 14/10/2020
United States Int Fixed Interest AAA1.34% -
US Treasury Notes/Bills 2.875% 31/05/2025
United States Cash and Equivalents AAA1.29% -
Japan 10 Year Government Bond 0.1% 20/06/2029
Japan Int Fixed Interest A1.05% -
Citibank Coc Swap
United States Int Fixed Interest1.01% -
Australian Government Bond 3% 21/03/2047
Australia Int Fixed Interest AAA0.95% -
Federal National Mortgage Association 4% 14/10/2020
United States Int Fixed Interest AAA0.9% -
Buoni Poliennali Del Tes 1.3% 15/05/2028
Italy Int Fixed Interest BBB0.88%
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% | 9.84% |
New Zealand Fixed Interest | 0.0% | -0.73% |
International Fixed Interest | 100.0% | 91.16% |
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 | 0.0% | -0.27% |
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.08%
-
Animal Testing:1.15%
-
Fossil Fuels:2.54%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.32%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.01%
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 fixed interest securities 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 | $640M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | Not provided |
Fund started | Wed Dec. 21st 2011 |
Total annual fund fees | 0.79% |
Total performance based fees | 0.0% |
Manager's basic fee | 0.68% |
Administration charges | 0.11% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Gerard Fitzpatrick |
Currently: Senior Portfolio Manager Head of Fixed Income Russell Investments (1 years, 7 months) |
Austin Loke |
Currently: Implementation Portfolio Manager (Global Fixed Income) Russell Investments (4 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.