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 30th Sept. 2023 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 $152M NZD
Period of data report 31st Dec. 2023
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, 8 months)
Previously: Head of Equities, Tower Asset Management (2 years, 5 months)

Stephen Bennie

Currently: Partner (10 years, 8 months)
Previously: Equities Manager, Tower Asset Management (2 years, 5 months)

Jamie Young

Currently: Partner (10 years, 8 months)
Previously: Equities Analyst, Tower Asset Management (2 years, 5 months)

Gordon Sims

Currently: Partner (10 years, 8 months)
Previously: Equities Analyst, Tower Asset Management (2 years, 5 months)

Amanda Smith

Currently: Chair of board and investment committee (7 years, 11 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 Dec. 2023.

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
2023 -2.59% -20.24%
2022 1.06% 1.77%
2021 18.16% 62.72%
2020 -1.83% -11.55%
2019 4.49% 7.24%
2018 4.41% 27.76%
2017 5.71% 18.59%
2016 3.06% 5.53%
2015 8.56% 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 Dec. 2023.

Top 10 Investments

  • BNZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    22.88%
  • Retail Food Group Ltd
    Australia Australasian Equities
    5.3%
  • Macmahon Holdings Ltd
    Australia Australasian Equities
    5.29%
  • Corporate Travel Management
    Australia Australasian Equities
    5.27%
  • Insignia Financial Ltd
    Australia Australasian Equities
    5.08%
  • Ive Group Limited
    Australia Australasian Equities
    4.99%
  • The Reject Shop Ltd
    Australia Australasian Equities
    4.64%
  • Nab AUD Current Account
    Australia Cash and Equivalents AA-
    4.39%
  • Aft Pharmaceuticals Ltd
    New Zealand Australasian Equities
    4.07%
  • Fletcher Building Ltd
    New Zealand Australasian Equities
    3.83%
Type Target Actual
Cash and Cash Equivalents 34.27657% 33.03%
New Zealand Fixed Interest 2.779722% 2.77%
International Fixed Interest 0.289971% 0.28%
Australasian Equities 62.65373% 63.93%
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 Dec. 2023.