Fund type: Aggressive fund
Past Returns: *9.21%Where a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed aggressive funds is 12.02%.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Contact Energy is one of Aotearoa New Zealand’s largest electric utilities companies. Contact operates three thermal power stations that employ gas and diesel. In FY2023, 7% of the energy Contact generated came from thermal generation. However, Contact has announced plans for further investment in renewable generation. This includes NZD 1.2 billion in geothermal power, by constructing a new station and expanding capacity at an existing station, along with early developments in wind and solar generation. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Genesis Energy is engaged in energy generation, trading and selling of electricity, and owns a portfolio of fossil fuel and renewable generation assets across New Zealand. Evidence shows that thermal generation from gas represents a significant portion of the company's total power generation (from the Huntly power station), and that oil and gas power revenues represent approximately 35% of the company's total revenue.
Fund type: Aggressive fund
Past Returns: *9.21%Aims to achieve positive long term returns by investing in the Octagon New Zealand Equities Fund which invests mostly in New Zealand shares, and can invest in Australian listed shares, where the company has meaningful operations in New Zealand.
| Value | $22.9M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 16th Aug. 2023 |
| Total annual fund fees | 1.2% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.2% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Craig Alexander |
Currently: Head of Fixed Interest and ESG, Octagon Asset Management Limited (3 years, 1 months)
|
|
Jason Lindsay |
Currently: Head of Equities, Octagon Asset Management Limited (3 years, 1 months)
|
|
Paul Robertshawe |
Currently: Chief Investment Officer Octagon Asset Management Limited (3 years, 1 months)
|
|
Neil Paviour-Smith |
Currently: Director of Forsyth Barr Investment Management Limited (current) (16 years, 10 months)
|
|
Penny Hogg |
Currently: Director, Strategic Operations, Forsyth Barr Limited (2 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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. 2024.
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities
Auckland International Airport Limited
New Zealand Australasian Equities
Infratil Limited
New Zealand Australasian Equities
Contact Energy Limited
New Zealand Australasian Equities
Spark New Zealand Limited
New Zealand Australasian Equities
Mainfreight Limited
New Zealand Australasian Equities
Meridian Energy Limited
New Zealand Australasian Equities
Skycity Entertainment Group Limited
New Zealand Australasian Equities
Sky Network Television Limited
New Zealand Australasian Equities
Ebos Group Limited
New Zealand Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 1.23% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 85.0% | 92.27% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 10.0% | 6.5% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
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 Dec. 2024.
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. 2024 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.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Contact Energy is one of Aotearoa New Zealand’s largest electric utilities companies. Contact operates three thermal power stations that employ gas and diesel. In FY2023, 7% of the energy Contact generated came from thermal generation. However, Contact has announced plans for further investment in renewable generation. This includes NZD 1.2 billion in geothermal power, by constructing a new station and expanding capacity at an existing station, along with early developments in wind and solar generation. Therefore, the company is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Genesis Energy is engaged in energy generation, trading and selling of electricity, and owns a portfolio of fossil fuel and renewable generation assets across New Zealand. Evidence shows that thermal generation from gas represents a significant portion of the company's total power generation (from the Huntly power station), and that oil and gas power revenues represent approximately 35% of the company's total revenue.
Fund type: Aggressive fund
Past Returns: *9.21%Aims to achieve positive long term returns by investing in the Octagon New Zealand Equities Fund which invests mostly in New Zealand shares, and can invest in Australian listed shares, where the company has meaningful operations in New Zealand.
| Value | $22.9M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 16th Aug. 2023 |
| Total annual fund fees | 1.2% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.2% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Craig Alexander |
Currently: Head of Fixed Interest and ESG, Octagon Asset Management Limited (3 years, 1 months)
|
|
Jason Lindsay |
Currently: Head of Equities, Octagon Asset Management Limited (3 years, 1 months)
|
|
Paul Robertshawe |
Currently: Chief Investment Officer Octagon Asset Management Limited (3 years, 1 months)
|
|
Neil Paviour-Smith |
Currently: Director of Forsyth Barr Investment Management Limited (current) (16 years, 10 months)
|
|
Penny Hogg |
Currently: Director, Strategic Operations, Forsyth Barr Limited (2 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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. 2024.
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities
Auckland International Airport Limited
New Zealand Australasian Equities
Infratil Limited
New Zealand Australasian Equities
Contact Energy Limited
New Zealand Australasian Equities
Spark New Zealand Limited
New Zealand Australasian Equities
Mainfreight Limited
New Zealand Australasian Equities
Meridian Energy Limited
New Zealand Australasian Equities
Skycity Entertainment Group Limited
New Zealand Australasian Equities
Sky Network Television Limited
New Zealand Australasian Equities
Ebos Group Limited
New Zealand Australasian Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 1.23% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 85.0% | 92.27% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 10.0% | 6.5% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
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 Dec. 2024.
