Fund type: Defensive fund
Past Returns: No 3 year data yetWhere 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 low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
Wells Fargo is a multinational financial services company which serves millions of customers in 35 countries. They have been involved in significant business ethics scandals for false inflation, cross selling and misleading customers over a period of 2002 to 2016.
Fund type: Defensive fund
Past Returns: No 3 year data yetAn actively managed portfolio consisting of cash, cash equivalents, and fixed interest assets.
| Value | $0 NZD |
| Period of data report | 31st March 2026 |
| Fund started | 28th April 2025 |
| Total annual fund fees | 0.19% |
| Total performance based fees | 0.1% |
| Manager's basic fee | 0.0% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Lyle Mcnee |
Currently: Portfolio Manager (1 years, 6 months)
|
|
David Mcleish |
Currently: Chief Investment Officer (1 years, 7 months)
|
|
Angela Quirk |
Currently: Head of Operations (1 years, 7 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 |
|---|
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.
Kiwibank Ltd 2/04/2027
New Zealand Cash and Equivalents AA
Bank Of China NZ On-Call Deposit
New Zealand Cash and Equivalents A+
Natwest Markets PLC 6/11/2028
United Kingdom Cash and Equivalents AA-
Bank Of America Na Australia 30/10/2026
Australia Cash and Equivalents AA
United Overseas Bank Sydney 28/02/2028
Australia Cash and Equivalents AA+
Bank Of Nova Scotia 15/09/2027
Canada Cash and Equivalents AA-
Commonwealth Bank Australia 21/11/2028
Australia Cash and Equivalents AA
Avanti Australia Auto Trust 24/12/2027
Australia Cash and Equivalents AAA
Cibc Sydney 20/12/2027
Australia Cash and Equivalents AAA
Rabobank Nederland NZ 19/06/2028
New Zealand Cash and Equivalents AA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 65.0% | 90.11% |
| New Zealand Fixed Interest | 10.0% | 2.51% |
| International Fixed Interest | 25.0% | 7.38% |
| 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% |
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 low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
Wells Fargo is a multinational financial services company which serves millions of customers in 35 countries. They have been involved in significant business ethics scandals for false inflation, cross selling and misleading customers over a period of 2002 to 2016.
Fund type: Defensive fund
Past Returns: No 3 year data yetAn actively managed portfolio consisting of cash, cash equivalents, and fixed interest assets.
| Value | $0 NZD |
| Period of data report | 31st March 2026 |
| Fund started | 28th April 2025 |
| Total annual fund fees | 0.19% |
| Total performance based fees | 0.1% |
| Manager's basic fee | 0.0% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Lyle Mcnee |
Currently: Portfolio Manager (1 years, 6 months)
|
|
David Mcleish |
Currently: Chief Investment Officer (1 years, 7 months)
|
|
Angela Quirk |
Currently: Head of Operations (1 years, 7 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 |
|---|
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.
Kiwibank Ltd 2/04/2027
New Zealand Cash and Equivalents AA
Bank Of China NZ On-Call Deposit
New Zealand Cash and Equivalents A+
Natwest Markets PLC 6/11/2028
United Kingdom Cash and Equivalents AA-
Bank Of America Na Australia 30/10/2026
Australia Cash and Equivalents AA
United Overseas Bank Sydney 28/02/2028
Australia Cash and Equivalents AA+
Bank Of Nova Scotia 15/09/2027
Canada Cash and Equivalents AA-
Commonwealth Bank Australia 21/11/2028
Australia Cash and Equivalents AA
Avanti Australia Auto Trust 24/12/2027
Australia Cash and Equivalents AAA
Cibc Sydney 20/12/2027
Australia Cash and Equivalents AAA
Rabobank Nederland NZ 19/06/2028
New Zealand Cash and Equivalents AA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 65.0% | 90.11% |
| New Zealand Fixed Interest | 10.0% | 2.51% |
| International Fixed Interest | 25.0% | 7.38% |
| 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% |
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.
