Issues of concern

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.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Ubs 0.24%
    • Genesis Energy Ltd. 0.12%
    • Sgsp (Australia) Assets Pty Ltd (Jemena) 0.07%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 30th Sept. 2024 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.

About this fund

The IPM Diversified Income Portfolio invests primarily in a range of domestic and overseas interest-bearing securities e.G. Cash, NZ Fixed Interest and International Fixed Interest, either directly or indirectly.

Value $126M NZD
Period of data report 30th Sept. 2024
Fund started 8th Aug. 2014
Total annual fund fees 1.72%
Total performance based fees 0.0%
Manager's basic fee 0.71%
Other management and administration charges 1.01%
Total other charges 0.0
Total other charges currency NZD

Jason Ferguson

Currently: Investment Strategist (Caliber investment) (10 years, 3 months)
Previously: Portfolio Manager (First State / ASB Group Investments) (9 years, 0 months)

Alan Austin

Currently: Chairman and Director New Zealand Investment Portfolio Management Limited (2 years, 10 months)
Previously: Senior Investment Consultant (Eriksen & Associates) (6 years, 0 months)

Craig Dealey

Currently: Managing Director New Zealand Investment Portfolio Management Limited (10 years, 6 months)
Previously: General Manager - NZFP Assets Management Limited (12 years, 0 months)

Mark Wooster

Currently: Chief Investment Officer (Caliber Investment) (14 years, 10 months)
Previously: Chief Investment Officer (Sovereign and ASB Group Investments) (5 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.

Past Returns

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
2024 5.67% 6.44%
2023 -1.56% 1.36%
2022 -0.50% -0.4%
2021 8.70% 1.65%
2020 -0.05% 0.05%
2019 4.31% 0.3%
2018 3.39% 1.08%
2017 3.28% 1.44%
2016 2.92% 3.55%

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 30th Sept. 2024.

Top 10 Investments

  • Daintree Core Income Trust NZD
    Australia Int Fixed Interest
    30.09%
  • Harbour Enhanced Cash Fund
    New Zealand Cash and Equivalents
    23.94%
  • Blackrock Multi Opportunity Fund
    Australia Other
    9.94%
  • Harbour NZ Corporate Bond Fund
    New Zealand NZ Fixed Interest A+
    8.87%
  • Nikko AM Wholesale NZ Cash Fund
    New Zealand Cash and Equivalents
    8.24%
  • Man Alternative Style Risk Premia Fund Cl I H NZD
    Australia Other
    6.08%
  • Aqr Style Premia Offshore Fund - NZD Class
    Australia Other
    3.55%
  • Nikko AM Wholesale NZ Bond Fund
    New Zealand NZ Fixed Interest
    1.83%
  • Kiwi Term Deposit 6.1% 07/06/2024 09/06/2025
    New Zealand Cash and Equivalents AA-
    1.72%
  • Kiwi Term Deposit 5.92% 11/06/2024 11/06/2025
    New Zealand Cash and Equivalents AA-
    1.62%
Type Target Actual
Cash and Cash Equivalents 10.0% 39.59%
New Zealand Fixed Interest 25.0% 10.68%
International Fixed Interest 35.0% 30.03%
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 30.0% 19.7%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.