Funds

This is a Mindful fund Artesian Green and Sustainable Bond Fund (NZD)

Fund type: Defensive fund

Past Returns: *4.59%
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.64%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

Total Ethical Concerns: 3.89%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Fossil Fuels 3.89%

    • Enbw International Finance Bv
      3.89%
      1.5°C
      This company is on a 1.5°C pathway
      3.89%

From the Fund Provider

  • About this fund

    About this Fund

    Fund type: Defensive fund

    Past Returns: *4.59%
    Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
    Annual Fees: 0.64%
    Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

    In their own words

    The strategy for the Fund is to invest in a diversified portfolio of Australian and international Green, Social and Sustainable Bonds that have been screened in accordance with Artesian's screening processes. The Fund obtains this exposure through investment in the Artesian Green and Sustainable Bond Fund (AUD) managed by Artesian Corporate Bond Pty Ltd.

    Value $31.0M NZD
    Period of data report 30th June 2025
    Fund started 19th June 2023
    Total annual fund fees 0.64%
    Total performance based fees 0.0%
    Manager's basic fee 0.35%
    Other management and administration charges 0.29%
    Total other charges 0.0
    Total other charges currency NZD

    Key Personnel

    Slade Robertson

    Currently: Managing Director, Devon Funds Management (8 years, 5 months)
    Previously: Portfolio Manager, Devon Funds Management (6 years, 10 months)

    Tama Willis

    Currently: Portfolio Manager, Devon Funds Management (13 years, 0 months)
    Previously: Investment Analyst, GIC Asset Management (2 years, 0 months)

    Mark Brown

    Currently: Chief Investment Officer, Devon Funds Management (7 years, 6 months)
    Previously: Head of Equities, ANZ (6 years, 0 months)

    David Gallagher

    Currently: Head of Australian Fixed Income, Artesian Capital Management (3 years, 7 months)
    Previously: Portfolio Manager, Artesian Capital Management (8 years, 10 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 3.87% 3.97%

    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 30th June 2025.

  • Investments

    Top 10 Investments

    • Artesian Green & Sustainable Bond Fund €“ Class NZ

      Australia Int Fixed Interest

      99.41%

    • NZD Cash At Bank

      New Zealand Cash and Equivalents

      0.59%
    Type Target Actual
    Cash and Cash Equivalents 50.0% 0.59%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 50.0% 99.41%
    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% 0.0%
    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 30th June 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

  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 3.89% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

  • Fossil Fuels

    • Enbw International Finance Bv
      3.89%
      1.5°C
      This company is on a 1.5°C pathway
      3.89%

About this Fund

Fund type: Defensive fund

Past Returns: *4.59%
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.64%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

The strategy for the Fund is to invest in a diversified portfolio of Australian and international Green, Social and Sustainable Bonds that have been screened in accordance with Artesian's screening processes. The Fund obtains this exposure through investment in the Artesian Green and Sustainable Bond Fund (AUD) managed by Artesian Corporate Bond Pty Ltd.

Value $31.0M NZD
Period of data report 30th June 2025
Fund started 19th June 2023
Total annual fund fees 0.64%
Total performance based fees 0.0%
Manager's basic fee 0.35%
Other management and administration charges 0.29%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Slade Robertson

Currently: Managing Director, Devon Funds Management (8 years, 5 months)
Previously: Portfolio Manager, Devon Funds Management (6 years, 10 months)

Tama Willis

Currently: Portfolio Manager, Devon Funds Management (13 years, 0 months)
Previously: Investment Analyst, GIC Asset Management (2 years, 0 months)

Mark Brown

Currently: Chief Investment Officer, Devon Funds Management (7 years, 6 months)
Previously: Head of Equities, ANZ (6 years, 0 months)

David Gallagher

Currently: Head of Australian Fixed Income, Artesian Capital Management (3 years, 7 months)
Previously: Portfolio Manager, Artesian Capital Management (8 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 3.87% 3.97%

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 30th June 2025.

Top 10 Investments

  • Artesian Green & Sustainable Bond Fund €“ Class NZ

    Australia Int Fixed Interest

    99.41%

  • NZD Cash At Bank

    New Zealand Cash and Equivalents

    0.59%
Type Target Actual
Cash and Cash Equivalents 50.0% 0.59%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 50.0% 99.41%
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% 0.0%
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 30th June 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.