Funds

Castle Point Ranger Fund

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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

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 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

In their own words

The Fund can invest in a broad range of New Zealand and Australian assets, including equities, cash, debt instruments, derivatives and other assets.

The Fund's objective is to prioritise long-term capital growth through investing into carefully selected NZ and Australian assets, with a focus on shares.

When suitable, the Fund may use strategies that seek to reduce the impact of large market downturns.

The performance objective of the Fund is to outperform the NZ Official Cash Rate by 5% per annum over the long-term, after all fees (and other expenses) but before tax.

Value $131M NZD
Period of data report 31st March 2024
Fund started 23rd Jan. 2014
Total annual fund fees 1.07%
Total performance based fees 0.0%
Manager's basic fee 1.07%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Richard Stubbs

Currently: Partner (10 years, 11 months)
Previously: Head of Equities, Tower Asset Management (2 years, 5 months)

Stephen Bennie

Currently: Partner (10 years, 11 months)
Previously: Equities Manager, Tower Asset Management (2 years, 5 months)

Jamie Young

Currently: Partner (10 years, 11 months)
Previously: Equities Analyst, Tower Asset Management (2 years, 5 months)

Gordon Sims

Currently: Partner (10 years, 11 months)
Previously: Equities Analyst, Tower Asset Management (2 years, 5 months)

Amanda Smith

Currently: Chair of board and investment committee (8 years, 2 months)
Previously: Head of Equities, ANZ (NZ) Investments (14 years, 8 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 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 12.57% -2.09%
2023 -4.05% -20.24%
2022 1.38% 1.77%
2021 27.68% 62.72%
2020 -4.45% -11.55%
2019 6.12% 7.24%
2018 8.66% 27.76%
2017 7.20% 18.59%
2016 5.40% 5.53%
2015 12.09% 3.94%

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 2024.

Top 10 Investments

  • BNZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    20.57%
  • Insignia Financial Ltd
    Australia Australasian Equities
    6.02%
  • Ive Group Limited
    Australia Australasian Equities
    5.66%
  • Retail Food Group Ltd
    Australia Australasian Equities
    5.42%
  • Corporate Travel Management
    Australia Australasian Equities
    5.37%
  • Macmahon Holdings Ltd
    Australia Australasian Equities
    5.27%
  • Aft Pharmaceuticals Ltd
    New Zealand Australasian Equities
    3.97%
  • Boom Logistics Ltd
    Australia Australasian Equities
    3.65%
  • The Reject Shop Ltd
    Australia Australasian Equities
    3.63%
  • Fletcher Building Ltd
    New Zealand Australasian Equities
    3.2%
Type Target Actual
Cash and Cash Equivalents 33.43% 30.7%
New Zealand Fixed Interest 2.72% 2.42%
International Fixed Interest 0.28% 0.3%
Australasian Equities 63.57% 66.58%
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%

Investment Mix

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

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2024.