Nikko AM Global Equity Hedged Fund

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Not Mindful
Type: Aggressive fund
Past Returns: 2.07%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.43%

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

Anglo American PLC 1.48%
Apache Corp 0.04%
Seven Generations Energy Ltd 0.11%
Suncor Energy Inc 0.93%

Weapons

Heico Corp Com Usd0.01 0.66%
Raytheon Company 0.80%
Safran SA 0.83%

Alcohol

Pernod-Ricard SA 0.92%

GMOs

Bayer AG 0.96%

Human Rights & Environmental Violations

Johnson & Johnson Com US$1 1.50%

Animal Testing

Bayer AG 0.960%
Church & Dwight Co 1.490%
Ecolab Ltd 1.010%
Johnson & Johnson Com US$1 1.500%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.

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 -7.57% -9.75%
2019 10.01% 4.84%
2018 7.40% 11.11%
2017 9.64% 12.07%
2016 4.71% 0.67%
2015 14.67% 16.17%
2014 10.13% 13.48%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Westpac USD Cash Account
    New Zealand Cash and Equivalents
    4.38%
  • Amazon Com
    United States International Equities
    3.14%
  • Visa Inc
    United States International Equities
    3.01%
  • Shopify Inc
    Canada International Equities
    2.44%
  • Taiwan Semiconductor Manufacturing
    Taiwan, Province of China International Equities
    2.19%
  • Church & Dwight Co
    United States International Equities
    1.94%
  • Microsoft Corp
    United States International Equities
    1.86%
  • Mercadolibre Inc
    United States International Equities
    1.74%
  • West Pharmaceutical Services
    United States International Equities
    1.7%
  • Alibaba Group Holding Ltd
    China International Equities
    1.68%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 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% 6.38%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 92.57%
Listed Properties 0.0% 1.05%
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 Tue June 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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.92%
  • Animal Testing:
    4.95%
  • Fossil Fuels:
    2.55%
  • Gambling:
    0.00%
  • GMOs:
    0.96%
  • Human Rights & Environmental Violations:
    1.50%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    2.30%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 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 provides investors with long term growth from an actively managed investment portfolio selected from global equity markets with currency exposure created as a consequence of global equity investment gross hedged 139% to the New Zealand Dollar."

Value $42M NZD
Period of data report Tue June 30th 2020
Members Not provided
Fund started Mon Jan. 14th 2013
Total annual fund fees 1.43%
Total performance based fees 0.0%
Manager's basic fee 1.27%
Administration charges 0.16%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Fergus Mcdonald

Currently: Head of Bonds and Currency - Nikko Asset Management (19 years, 9 months)
Previously: NZ Fixed Interest Portfolio Manager - Nikko Asset Management New Zealand Limited (10 years, 5 months)

George Carter

Currently: Managing Director - Nikko Asset Management (4 years, 5 months)
Previously: Director Head of Distribution - AMP Capital Investors NZ Limited (6 years, 4 months)

Stuart Williams

Currently: Head of Equities and Member of Investment Committee (5 years, 11 months)
Previously: Portfolio Manager - OnePath (NZ) Limited (1 years, 7 months)

James Wesley

Currently: Head of Distribution and Member of Investment Committee (6 years, 7 months)
Previously: Head of Australia - Wholesale - Threadneedle Investments (3 years, 0 months)

James Rogers

Currently: Chief Operating Officer and Member of Investment Committee (3 years, 3 months)
Previously: Senior Project Manager - Nikko Asset Management New Zealand Limited (0 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.