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
Ameren Corp 150924 2.50 Cb 0.02%
Apt Pipelines Ltd 150730 2.00 Cb 0.05%
BP Capital Markets America Inc 060224 3.79 Cb 0.11%
BP Capital Markets PLC 100224 3.814 Cb 0.02%
BP Capital Markets PLC 220326 3.25 Cb 0.05%
BP Capital Markets PLC 220329 3.625 Cb 0.05%
Cnac Hk Finbridge Co Ltd 140323 4.625 Cb 0.09%
Cnac Hk Finbridge Co Ltd 190622 3.125 Cb 0.14%
Coca Cola Co 010650 2.60 Cb 0.26%
Devon Energy Corp 150542 4.75 Cb 0.02%
Devon Energy Corp 151225 5.85 Cb 0.02%
Dte Energy Co 011122 2.25 Cb 0.07%
E On Se 290927 0.375 Cb 0.17%
Electricite De France SA 210928 4.50 Cb 0.17%
Enel Finance International Nv 170627 0.375 Cb 0.07%
Energy Transfer Operating Lp 150429 5.25 Cb 0.05%
Energy Transfer Operating Lp 150550 5.00 Cb 0.08%
Eqm Midstream Partners Lp 150723 4.75 Cb 0.02%
Firstenergy Corp 010930 2.25 Cb 0.08%
Gaz Capital SA 160837 7.288 Cb 0.09%
Gaz Finance PLC 250230 3.25 Cb 0.13%
Glencore Funding Llc 120329 4.875 Cb 0.19%
Glencore Funding Llc 290424 4.625 Cb 0.23%
Glencore Funding Llc 300523 4.125 Cb 0.18%
Lukoil Securities Bv 060530 3.875 Cb 0.09%
Marathon Petroleum Corp 010428 3.8 Cb 0.09%
Mplx Lp 150249 5.50 Cb 0.02%
Mplx Lp 150438 4.50 Cb 0.04%
Occidental Petroleum Corp 150326 5.55 Cb 0.04%
Occidental Petroleum Corp 150936 6.45 Cb 0.02%
Origin Energy Finance Ltd 170929 1.00 Cb 0.07%
Phillips 66 090425 3.85 Cb 0.05%
Sasol Financing Usa Llc 270324 5.875 Cb 0.08%
Suncor Energy Inc 011224 3.6 Cb 0.20%
Suncor Energy Inc 150525 3.10 Cb 0.11%
Sunoco Logistics Partners Operations Lp 010444 5.30 Cb 0.02%
Sunoco Logistics Partners Operations Lp 011027 4.00 Cb 0.04%
Total Capital International SA 120749 3.461 Cb 0.05%
Western Gas Partners Lp 010348 5.30 Cb 0.02%
Western Gas Partners Lp 010444 5.45 Cb 0.02%
Wintershall Dea Finance Bv 250925 0.84 Cb 0.05%
Wintershall Dea Finance Bv 250928 1.332 Cb 0.14%
Weapons
Airbus Se 070432 2.375 Cb 0.18%
Alcohol
Anheuser Busch Companies Llc 010246 4.90 Cb 0.10%
Anheuser Busch Inbev Nv 020440 3.70 Cb 0.09%
Anheuser Busch Inbev Worldwide Inc 150448 4.60 Cb 0.15%
Anheuser Busch Inbev Worldwide Inc 230125 4.15 Cb 0.07%
Anheuser Busch Inbev Worldwide Inc 230129 4.75 Cb 0.40%
Bacardi Ltd 150528 4.70 Cb 0.15%
Constellation Brands Inc 010530 2.875 Cb 0.20%
Constellation Brands Inc 061226 3.70 Cb 0.09%
Constellation Brands Inc 150223 3.2 Cd 0.17%
Diageo Capital PLC 290430 2.00 Cb 0.26%
Human Rights & Environmental Violations
Archer Daniels Midlands Co 270330 3.25 Cb 0.07%
Glencore Funding Llc 120329 4.875 Cb 0.19%
Glencore Funding Llc 290424 4.625 Cb 0.23%
Glencore Funding Llc 300523 4.125 Cb 0.18%
Sempra Energy 010228 3.40 Cb 0.07%
Animal Testing
Archer Daniels Midlands Co 270330 3.25 Cb 0.070%
Bayer AG 060130 1.125 Cb 0.050%
Bayer AG 060732 1.375 Cb 0.050%
Bayer Capital Corporation Bv 260626 1.50 Cb 0.100%
Cnac Hk Finbridge Co Ltd 140323 4.625 Cb 0.090%
Cnac Hk Finbridge Co Ltd 190622 3.125 Cb 0.140%
Coca Cola Co 010650 2.60 Cb 0.260%
Dowdupont Inc 151125 4.493 Cb 0.070%
Dowdupont Inc 151128 4.725 Cb 0.150%
Firmenich Productions 301026 1.375 Cb 0.130%
Firmenich Productions Participations Sas 300430 1.75 Cb 0.100%
General Mills Inc 150430 2.875 Cb 0.070%
Givaudan Finance Europe Bv 220432 1.625 Cb 0.050%
Keurig Dr Pepper Inc 010530 3.20 Cb 0.020%
Keurig Dr Pepper Inc 010550 3.80 Cb 0.020%
Keurig Dr Pepper Inc 150926 2.55 Cb 0.220%
Keurig Dr Pepper Inc 250548 5.085 Cb 0.010%
Mondelez International Inc 130430 2.75 Cb 0.180%
Pepsico Inc 190350 3.625 Cb 0.050%
Sasol Financing Usa Llc 270324 5.875 Cb 0.080%
Syngenta Finance AG 240423 4.441 Cb 0.130%
Syngenta Finance Nv 240425 4.892 Cb 0.110%
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% | 3.1% |
| 2019 | 2.69% | 3.37% |
| 2018 | 2.37% | 1.45% |
| 2017 | 1.63% | 1.92% |
| 2016 | 2.91% | 3.47% |
| 2015 | 5.21% | 5.92% |
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:
-
Japan Government 010922 0.10 Gb
Japan Int Fixed Interest A+5.29% -
Gnma 30 Year Single Family 151050 2.00 Mbs
United States Int Fixed Interest AA+3.74% -
Gnma 2 011150 0.00
United States Int Fixed Interest AA+2.98% -
Spain Kingdom Of Government 311021 0.05 Gb
Spain Int Fixed Interest A2.71% -
Federal National Mortgage Association 151043
United States Int Fixed Interest AA+2.25% -
Japan Government Of 200324 0.60 Gb
United States Int Fixed Interest A+2.04% -
United States Treasury 310726 1.875 Gb
United States Int Fixed Interest AA+1.94% -
Westpac USD Cash Account
New Zealand Cash and Equivalents AA-1.87% -
Citibank Collateral Account
United Kingdom Cash and Equivalents1.86% -
Gnma 2 011043 0.00
United States Int Fixed Interest AA+1.72%
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% | -12.87% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 100.0% | 112.87% |
| 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% |
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:1.70%
-
Animal Testing:2.18%
-
Fossil Fuels:3.53%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.74%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.19%
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
"The fund aims to provide investors with regular income by constructing an actively managed investment portfolio of investments with the potential for capital gain from global fixed interest markets."
| Value | $49M NZD |
| Period of data report | Wed Sept. 30th 2020 |
| Members | Not provided |
| Fund started | Fri Dec. 13th 2013 |
| Total annual fund fees | 0.9% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.66% |
| Administration charges | 0.24% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Fergus Mcdonald |
Currently: Head of Bonds and Currency - Nikko Asset Management (20 years, 3 months) |
|
George Carter |
Currently: Managing Director - Nikko Asset Management (4 years, 11 months) |
|
Stuart Williams |
Currently: Head of Equities and Member of Investment Committee (6 years, 2 months) |
|
James Wesley |
Currently: Head of Distribution and Member of Investment Committee (6 years, 10 months) |
|
James Rogers |
Currently: Chief Operating Officer and Member of Investment Committee (3 years, 6 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.
