ASB Growth Fund

Growth fund
Annual fees
1.09%
Returns after fees
12.03%

Research identified investments in companies of concern and positive outcome companies inside this fund

Companies of Concern

156 companies within 6 concerns

9.81% of this fund is invested in these 156 companies of concern whose activities cause serious harm to people or the planet, as per the criteria in Mindful Money's methodology.

  • Animal Cruelty

    0.83% of fund

    • The Sherwin-Williams Co.
      0.43%
    • LVMH Moët Hennessy Louis Vuitton Se
      0.08%
    • L'Oréal SA
      0.07%
    • Show 10 more companies Show less companies
  • Environmental Harm

    1.23% of fund

    • BHP
      0.57%
    • Duke Energy Corp
      0.13%
    • Enbridge, Inc.
      0.13%
    • Show 11 more companies Show less companies
  • Fossil Fuels

    4.37% of fund

    • BHP
      0.57%
    • Nextera Energy, Inc.
      0.21%
    • Channel Infrastructure
      0.15%
    • Show 92 more companies Show less companies
  • Human Rights Violations

    3.85% of fund

    • Tesla
      0.93%
    • Meta Platforms, Inc.
      0.78%
    • Johnson & Johnson
      0.47%
    • Show 20 more companies Show less companies
  • Weapons

    0.41% of fund

    • Amphenol Corp.
      0.17%
    • AMETEK
      0.11%
    • Hanwha Aerospace Co., Ltd.
      0.03%
    • Show 8 more companies Show less companies

About this information

This data is compiled by Mindful Money from the fund information and portfolios that each Managed fund has filed with the Disclose register for 31st March 2026 and Mindful Money analysis of funds within those portfolios.

The categories of concern and positive outcomes are 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.

Lists of companies of concern and positive outcome companies have 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 or bring about more than one positive outcome.

Mindful Money uses the term Mindful Fund 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.