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 defensive funds is 1.99%.
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
Ordinarily the Fund gets exposure to a diverse portfolio of Investment Grade corporate and government global fixed interest securities, with an overall maximum weighted average duration of two years, and for any individual security, a maximum maturity of three years from the date of settlement. Dimensional generally changes the portfolio's exposure to term risk and credit risk in response to changes in security prices. The Fund intends to achieve this exposure by investing in funds and/or directly in fixed interest securities. The Fund may also hold cash or cash equivalent securities, and currency hedging instruments.
| Value | $56.9M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 20th Nov. 2024 |
| Total annual fund fees | 0.25% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.25% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Timo Zauner |
Currently: Fixed Income Portfolio Manager & VP (0 years, 10 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 |
|---|
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.
Swedish Government 2.500000% 05/12/2025
Sweden Int Fixed Interest AAA
Svenska Handelsbanken Ab 4.566400% 03/04/2026
Sweden Int Fixed Interest AA
MAS Bill 0% 05/16/2025
Singapore Int Fixed Interest AAA
Intl Finance Corp 4.000000% 04/03/2025
Australia Int Fixed Interest AAA
United Overseas Bank/Syd 5.059900% 04/16/2027
Singapore Int Fixed Interest AA
Asian Development Bank 3.700000% 06/17/2025
Australia Int Fixed Interest AAA
Australian Government 3.250000% 04/21/2025
Australia Int Fixed Interest AAA
Kommunalbanken As 5.358138% 06/17/2026
Norway Int Fixed Interest AAA
Housing New Zealand Ltd 3.360000% 06/12/2025
New Zealand NZ Fixed Interest AAA
Aust & NZ Banking Group 4.812500% 06/18/2027
Australia Int Fixed Interest AA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.22% |
| New Zealand Fixed Interest | 0.0% | 2.82% |
| International Fixed Interest | 100.0% | 96.05% |
| 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% | 0.92% |
| 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.
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.
Ordinarily the Fund gets exposure to a diverse portfolio of Investment Grade corporate and government global fixed interest securities, with an overall maximum weighted average duration of two years, and for any individual security, a maximum maturity of three years from the date of settlement. Dimensional generally changes the portfolio's exposure to term risk and credit risk in response to changes in security prices. The Fund intends to achieve this exposure by investing in funds and/or directly in fixed interest securities. The Fund may also hold cash or cash equivalent securities, and currency hedging instruments.
| Value | $56.9M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 20th Nov. 2024 |
| Total annual fund fees | 0.25% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.25% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Timo Zauner |
Currently: Fixed Income Portfolio Manager & VP (0 years, 10 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 |
|---|
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.
Swedish Government 2.500000% 05/12/2025
Sweden Int Fixed Interest AAA
Svenska Handelsbanken Ab 4.566400% 03/04/2026
Sweden Int Fixed Interest AA
MAS Bill 0% 05/16/2025
Singapore Int Fixed Interest AAA
Intl Finance Corp 4.000000% 04/03/2025
Australia Int Fixed Interest AAA
United Overseas Bank/Syd 5.059900% 04/16/2027
Singapore Int Fixed Interest AA
Asian Development Bank 3.700000% 06/17/2025
Australia Int Fixed Interest AAA
Australian Government 3.250000% 04/21/2025
Australia Int Fixed Interest AAA
Kommunalbanken As 5.358138% 06/17/2026
Norway Int Fixed Interest AAA
Housing New Zealand Ltd 3.360000% 06/12/2025
New Zealand NZ Fixed Interest AAA
Aust & NZ Banking Group 4.812500% 06/18/2027
Australia Int Fixed Interest AA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.22% |
| New Zealand Fixed Interest | 0.0% | 2.82% |
| International Fixed Interest | 100.0% | 96.05% |
| 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% | 0.92% |
| 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.
