Fund type: Aggressive fund
Past Returns: *1.83%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%.
The fund provider has not disclosed the full list of companies in this fund.
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.
Operates electric and natural gas transmission systems in the UK and US. It also operates facilities for storing LNG. including the Grain LNG terminal in the UK which is the largest LNG facility in Europe and 8th globally.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
One of Aotearoa New Zealand’s largest electric utilities companies. Operates three thermal power stations that employ gas and diesel. In FY2024, 81% of the energy Contact generated came from renewable energy (lower than in 2023 due to a dry winter). However, at the end of 2024 Contact opened a major new geothermal renewable facility - the Tauhara plant. It is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Fund type: Aggressive fund
Past Returns: *1.83%The Property & Infrustructure Fund's objective is to generate capital growth over a period exceeding 7 years. The Fund invests predominantly in listed property and infrustructure securities, directly and/or through externally managed funds.
| Value | $127M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 5th Dec. 2023 |
| Total annual fund fees | 1.25% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.25% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Michael Taylor |
Currently: Executive Director and Chief Investment Officer (3 years, 0 months)
|
|
Toby Woods |
Currently: Senior Investment Analyst (5 years, 7 months)
|
|
Matt Young |
Currently: Investment Analyst - Global (4 years, 3 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 | 4.07% | 2.09% |
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 March 2025.
Morrison & Co High Conviction Infra Fund
New Zealand International Equities
BNZ Call Account - NZD
New Zealand Cash and Equivalents AA-
Constellation Energy Corp
United States International Equities
Nextera Energy Inc
United States International Equities
E.On Se
Germany International Equities
Aena Sme SA
Spain International Equities
Sacyr SA
Spain International Equities
Cheniere Energy Inc
United States International Equities
Infratil Ltd
New Zealand Australasian Equities
Oneok Inc
United States International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 8.73% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 10.0% | 12.21% |
| International Equities | 60.0% | 54.48% |
| Listed Properties | 30.0% | 24.58% |
| 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 March 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.
The fund provider has not disclosed the full list of companies in this fund.
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.
Operates electric and natural gas transmission systems in the UK and US. It also operates facilities for storing LNG. including the Grain LNG terminal in the UK which is the largest LNG facility in Europe and 8th globally.
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
One of Aotearoa New Zealand’s largest electric utilities companies. Operates three thermal power stations that employ gas and diesel. In FY2024, 81% of the energy Contact generated came from renewable energy (lower than in 2023 due to a dry winter). However, at the end of 2024 Contact opened a major new geothermal renewable facility - the Tauhara plant. It is considered to be on a climate change pathway aligned with 1.5°C of global temperature rise.
Fund type: Aggressive fund
Past Returns: *1.83%The Property & Infrustructure Fund's objective is to generate capital growth over a period exceeding 7 years. The Fund invests predominantly in listed property and infrustructure securities, directly and/or through externally managed funds.
| Value | $127M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 5th Dec. 2023 |
| Total annual fund fees | 1.25% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.25% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Michael Taylor |
Currently: Executive Director and Chief Investment Officer (3 years, 0 months)
|
|
Toby Woods |
Currently: Senior Investment Analyst (5 years, 7 months)
|
|
Matt Young |
Currently: Investment Analyst - Global (4 years, 3 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
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 | 4.07% | 2.09% |
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 March 2025.
Morrison & Co High Conviction Infra Fund
New Zealand International Equities
BNZ Call Account - NZD
New Zealand Cash and Equivalents AA-
Constellation Energy Corp
United States International Equities
Nextera Energy Inc
United States International Equities
E.On Se
Germany International Equities
Aena Sme SA
Spain International Equities
Sacyr SA
Spain International Equities
Cheniere Energy Inc
United States International Equities
Infratil Ltd
New Zealand Australasian Equities
Oneok Inc
United States International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 8.73% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 10.0% | 12.21% |
| International Equities | 60.0% | 54.48% |
| Listed Properties | 30.0% | 24.58% |
| 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 March 2025.
