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 conservative funds is 3.17%.
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.
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, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Australia’s largest oil and gas company with the largest LNG production in the southern hemisphere. The company seeks to massively expand gas production in NW Australia, which will produce huge levels of carbon dioxide emissions over the next 50 years. Ecologists are also very concerned about Woodside’s expansion plans on important coral reef habitats.
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.
The Fund aims to generate income over the medium term by investing in fixed income securities and dividend paying New Zealand and Australian equities, primarily investing in managed funds (including other Clarity funds) to achieve a well diversified portfolio of assets. We intend for the Fund to make quarterly income distributions.
| Value | $3.49M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 3rd April 2017 |
| Total annual fund fees | 0.96% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.56% |
| Other management and administration charges | 0.4% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Alan Lee |
Currently: Director, Clarity Funds Management Limited (19 years, 6 months)
|
|
Andrew Kelleher |
Currently: Director, Clarity Funds Management Limited (16 years, 8 months)
|
|
Josh Wilson |
Currently: Chief Investment Officer, Clarity Funds Management Limited (5 years, 9 months)
|
|
Louis Loader |
Currently: Investment Analyst, Clarity Funds Management Limited (1 years, 3 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 |
|---|---|---|
| 2024 | 5.67% | 4.58% |
| 2023 | -1.56% | -1.37% |
| 2022 | -0.50% | 0.58% |
| 2021 | 8.70% | 11.96% |
| 2020 | -0.05% | -2.84% |
| 2019 | 4.31% | 4.89% |
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.
Smartshares Global Aggregate Bond ETF
New Zealand Int Fixed Interest
NZD Cash At Bank
New Zealand Cash and Equivalents
NZGB 4.50% 15/05/2030
New Zealand NZ Fixed Interest AAA
Nzms First Mortgage Securities Limited
New Zealand NZ Fixed Interest
Housnz 4.422% 15/10/2027
New Zealand NZ Fixed Interest AAA
Pctnz 5.42% 24/10/2029
New Zealand NZ Fixed Interest
Genesis Energy Ltd
New Zealand Australasian Equities
Chorus Ltd
New Zealand Australasian Equities
Spark New Zealand Ltd
New Zealand Australasian Equities
Asbbnk 1.646% 04/05/2026
New Zealand NZ Fixed Interest AA-
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 18.48% |
| New Zealand Fixed Interest | 70.0% | 43.89% |
| International Fixed Interest | 0.0% | 9.74% |
| Australasian Equities | 25.0% | 27.9% |
| 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% |
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.
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.
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, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Australia’s largest oil and gas company with the largest LNG production in the southern hemisphere. The company seeks to massively expand gas production in NW Australia, which will produce huge levels of carbon dioxide emissions over the next 50 years. Ecologists are also very concerned about Woodside’s expansion plans on important coral reef habitats.
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.
The Fund aims to generate income over the medium term by investing in fixed income securities and dividend paying New Zealand and Australian equities, primarily investing in managed funds (including other Clarity funds) to achieve a well diversified portfolio of assets. We intend for the Fund to make quarterly income distributions.
| Value | $3.49M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 3rd April 2017 |
| Total annual fund fees | 0.96% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.56% |
| Other management and administration charges | 0.4% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Alan Lee |
Currently: Director, Clarity Funds Management Limited (19 years, 6 months)
|
|
Andrew Kelleher |
Currently: Director, Clarity Funds Management Limited (16 years, 8 months)
|
|
Josh Wilson |
Currently: Chief Investment Officer, Clarity Funds Management Limited (5 years, 9 months)
|
|
Louis Loader |
Currently: Investment Analyst, Clarity Funds Management Limited (1 years, 3 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 |
|---|---|---|
| 2024 | 5.67% | 4.58% |
| 2023 | -1.56% | -1.37% |
| 2022 | -0.50% | 0.58% |
| 2021 | 8.70% | 11.96% |
| 2020 | -0.05% | -2.84% |
| 2019 | 4.31% | 4.89% |
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.
Smartshares Global Aggregate Bond ETF
New Zealand Int Fixed Interest
NZD Cash At Bank
New Zealand Cash and Equivalents
NZGB 4.50% 15/05/2030
New Zealand NZ Fixed Interest AAA
Nzms First Mortgage Securities Limited
New Zealand NZ Fixed Interest
Housnz 4.422% 15/10/2027
New Zealand NZ Fixed Interest AAA
Pctnz 5.42% 24/10/2029
New Zealand NZ Fixed Interest
Genesis Energy Ltd
New Zealand Australasian Equities
Chorus Ltd
New Zealand Australasian Equities
Spark New Zealand Ltd
New Zealand Australasian Equities
Asbbnk 1.646% 04/05/2026
New Zealand NZ Fixed Interest AA-
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 18.48% |
| New Zealand Fixed Interest | 70.0% | 43.89% |
| International Fixed Interest | 0.0% | 9.74% |
| Australasian Equities | 25.0% | 27.9% |
| 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% |
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.
