Fund type: Defensive fund
Past Returns: *1.91%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. The company states it has been at the forefront of alternative methods for decades and stopped all testing in 1989. However, L'Oréal sells in China where there are requirements for animal testing on certain products such as sunscreen and hair dye.
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.
Procter & Gamble Co. is a consumer products company involved in home goods, cosmetics and healthcare products. The company says they are committed to being cruelty free and ending animal testing, but are still involved in animal testing their cosmetic products, particularly on ingredients for cosmetics.
Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.
Online travel platforms, are complicit in the severe human rights violations to Palestinians from illegal settlement in Occupied Palestinian Territories. Promotion of tourism to these settlements normalises annexation and provides income supporting settlement. Under UN Principles, companies have obligations to prevent Human Rights breaches from services in situations of conflict.
Fund type: Defensive fund
Past Returns: *1.91%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 | $264M NZD |
| Period of data report | 31st March 2026 |
| 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 |
|
Robert Ness |
Currently: Senior Portfolio Manager & VP (11 years, 1 months)
|
|
Bhanu Singh |
Currently: CEO, Australia and Head of Asia Pacific Portfolio Management (10 years, 5 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.
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 |
|---|---|---|
| 2026 | 1.96% | 1.91% |
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 2026.
New Zealand Government 0.250000% 05/15/2028
New Zealand NZ Fixed Interest AAA
NZ Local Govt Fund Agenc 2.250000% 05/15/2028
New Zealand NZ Fixed Interest AA
Cppib Capital Inc 3.000000% 06/15/2028
Canada Int Fixed Interest AAA
Province Of Alberta 2.900000% 12/01/2028
Canada Int Fixed Interest AA
Queensland Treasury Corp 2.750000% 08/20/2027
Australia Int Fixed Interest AA
South Aust Govt Fin Auth 3.000000% 09/20/2027
Australia Int Fixed Interest AA
Kfw 4.300000% 07/13/2027
Germany Int Fixed Interest AAA
Treasury Corp Victoria 1.250000% 11/19/2027
Australia Int Fixed Interest AA
Cdp Financial Inc 3.700000% 03/08/2028
Canada Int Fixed Interest AAA
European Investment Bank 3.900000% 06/15/2028
Canada Int Fixed Interest AAA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.98% |
| New Zealand Fixed Interest | 0.0% | 5.85% |
| International Fixed Interest | 100.0% | 95.24% |
| 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% | -2.07% |
| 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 2026.
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 2026 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. The company states it has been at the forefront of alternative methods for decades and stopped all testing in 1989. However, L'Oréal sells in China where there are requirements for animal testing on certain products such as sunscreen and hair dye.
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.
Procter & Gamble Co. is a consumer products company involved in home goods, cosmetics and healthcare products. The company says they are committed to being cruelty free and ending animal testing, but are still involved in animal testing their cosmetic products, particularly on ingredients for cosmetics.
Where a company is complicit in its products or services enabling violations of the Geneva Convention and infringement of the rights of individuals in war or conflict situations.
Online travel platforms, are complicit in the severe human rights violations to Palestinians from illegal settlement in Occupied Palestinian Territories. Promotion of tourism to these settlements normalises annexation and provides income supporting settlement. Under UN Principles, companies have obligations to prevent Human Rights breaches from services in situations of conflict.
Fund type: Defensive fund
Past Returns: *1.91%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 | $264M NZD |
| Period of data report | 31st March 2026 |
| 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 |
|
Robert Ness |
Currently: Senior Portfolio Manager & VP (11 years, 1 months)
|
|
Bhanu Singh |
Currently: CEO, Australia and Head of Asia Pacific Portfolio Management (10 years, 5 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.
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 |
|---|---|---|
| 2026 | 1.96% | 1.91% |
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 2026.
New Zealand Government 0.250000% 05/15/2028
New Zealand NZ Fixed Interest AAA
NZ Local Govt Fund Agenc 2.250000% 05/15/2028
New Zealand NZ Fixed Interest AA
Cppib Capital Inc 3.000000% 06/15/2028
Canada Int Fixed Interest AAA
Province Of Alberta 2.900000% 12/01/2028
Canada Int Fixed Interest AA
Queensland Treasury Corp 2.750000% 08/20/2027
Australia Int Fixed Interest AA
South Aust Govt Fin Auth 3.000000% 09/20/2027
Australia Int Fixed Interest AA
Kfw 4.300000% 07/13/2027
Germany Int Fixed Interest AAA
Treasury Corp Victoria 1.250000% 11/19/2027
Australia Int Fixed Interest AA
Cdp Financial Inc 3.700000% 03/08/2028
Canada Int Fixed Interest AAA
European Investment Bank 3.900000% 06/15/2028
Canada Int Fixed Interest AAA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.98% |
| New Zealand Fixed Interest | 0.0% | 5.85% |
| International Fixed Interest | 100.0% | 95.24% |
| 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% | -2.07% |
| 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 2026.
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 2026 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.
