AMP Global Equities - Multi Manager

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Type: Aggressive fund
Past Returns: 10.96%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 2.0%

Annual fees, including management and administration fees, but not membership fee.

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.


Fossil Fuel

Aes Corp/The 0.01%
Alliant Energy Corp 0.02%
Altagas Ltd 0.02%
Ameren Corp 0.02%
American Electric Power Co Inc 0.04%
Ampol Ltd 0.02%
Anglo American PLC 0.09%
Apa Group 0.02%
Atco Ltd/Canada 0.02%
Atmos Energy Corp 0.01%
BHP Group Ltd 0.15%
BHP Group PLC 0.07%
BP PLC 0.08%
Basf Se 0.07%
Canadian Natural Resources Ltd 0.04%
Cheniere Energy Inc 0.01%
Chevron Corp 0.16%
Chubu Electric Power Co Inc 0.02%
Clp Holdings Ltd 0.06%
Cms Energy Corp 0.02%
Coca-Cola Co/The 0.21%
Concho Resources Inc 0.02%
Conocophillips 0.07%
Dominion Energy Inc 0.10%
Dte Energy Co 0.02%
Edp - Energias De Portugal SA 0.07%
Electric Power Development Co 0.02%
Electricite De France SA 0.04%
Enagas SA 0.05%
Enbridge Inc 0.14%
Enel Spa 0.11%
Eneos Holdings Inc 0.01%
Engie Eur1 Prime Fidelite M201 0.02%
Engie SA 0.02%
Eni Spa 0.02%
Eog Resources Inc 0.05%
Equinor Asa 0.02%
Evergy Inc 0.02%
Evraz PLC 0.02%
Exxon Mobil Corp 0.16%
Firstenergy Corp 0.03%
Fortis Inc/Canada 0.02%
Fortum Oyj 0.01%
Franco-Nevada Corp 0.03%
Glencore PLC 0.04%
Hess Corp 0.01%
Hk Electric Investments & Hk E 0.01%
Hong Kong & China Gas Co Ltd 0.03%
Iberdrola SA 0.09%
Itochu Corp 0.10%
Keyera Corp 0.03%
Kinder Morgan Inc 0.04%
Koninklijke Vopak Nv 0.01%
Loews Corp 0.01%
Lyondellbasell Industries Nv 0.04%
Marathon Petroleum Corp 0.02%
Marubeni Corp 0.03%
Mitsubishi Corp 0.10%
Mitsui & Co Ltd 0.05%
Naturgy Energy Group SA 0.02%
Neste Oyj 0.08%
Nextera Energy Inc 0.20%
Nippon Steel Corp 0.01%
Nippon Yusen Kk 0.01%
Nrg Energy Inc 0.04%
OMV AG 0.02%
Oge Energy Corp 0.04%
Oneok Inc 0.02%
Orix Corp 0.06%
Orsted A/S 0.03%
Parkland Corp/Canada 0.01%
Pembina Pipeline Corp 0.02%
Phillips 66 0.02%
Pinnacle West Capital Corp 0.04%
Pioneer Natural Resources Co 0.01%
Power Assets Holdings Ltd 0.04%
Ppl Corp 0.04%
Repsol SA 0.02%
Rio Tinto Ltd 0.03%
Rio Tinto PLC 0.14%
Royal Dutch Shell PLC-A Shs-Ams 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.07%
Royal Dutch Shell PLC-B Shs 0.09%
Rwe AG 0.09%
Snam Spa 0.01%
South32 Ltd 0.04%
Sse PLC 0.02%
Sumitomo Chemical Co Ltd 0.01%
Sumitomo Corp 0.04%
Suncor Energy Inc 0.04%
Tc Energy Corp 0.05%
Total Se 0.09%
Uniper Se 0.04%
Upm-Kymmene Oyj 0.11%
Valero Energy Corp 0.02%
Wec Energy Group Inc 0.03%
Williams Cos Inc/The 0.03%
Woodside Petroleum Ltd 0.01%
Xcel Energy Inc 0.04%

Weapons

Amphenol Corp 0.06%
Canadian Tire Corp Ltd 0.04%
Dassault Aviation SA 0.02%
Flir Systems Inc 0.02%
Heico Corp 0.01%
Heico Corp-Class A 0.02%
Howmet Aerospace (Was Arconic) 0.26%
Howmet Aerospace Inc 0.03%
Mitsubishi Heavy Industries Lt 0.02%
Onex Corp 0.01%
Teledyne Technologies Inc 0.04%
Transdigm Group Inc 0.08%

Tobacco

Alimentation Couche-Tard Inc 0.03%
British American Tobacco 0.75%
Seven & I Holdings Co Ltd 0.04%

Gambling

Aristocrat Leisure Ltd 0.02%
Evolution Gaming Group 0.01%
Flutter Entertainment PLC 0.02%
Galaxy Entertainment Group Ltd 0.03%
Genting Singapore Ltd 0.02%
Gvc Holdings PLC 0.04%
Las Vegas Sands Corp 0.03%
Mgm Resorts International 0.02%
Sands China Ltd 0.01%
Sjm Holdings Ltd 0.01%
Vici Properties Inc 0.01%
Wynn Resorts Ltd 0.01%

Adult Entertainment/Pornography

Mgm Resorts International 0.02%

Alcohol

Anheuser-Busch Inbev SA/Nv 0.05%
Asahi Group Holdings Ltd 0.01%
Brown-Forman Corp 0.02%
Carlsberg As 0.04%
Constellation Brands Inc 0.03%
Diageo PLC 0.09%
Heineken Holding Nv 0.01%
Heineken Nv 0.03%
Kirin Holdings Co Ltd 0.02%
LVMH Moet Hennessy Louis Vuitt 0.15%
Pernod Ricard SA 0.04%
Treasury Wine Estates Ltd 0.02%

Palm Oil

Genting Singapore Ltd 0.02%
Wilmar International Ltd 0.02%

GMOs

Corteva Inc 0.05%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co 0.06%
BHP Group Ltd 0.15%
BHP Group PLC 0.07%
Barrick Gold Corp-Tse 0.10%
Chevron Corp 0.16%
Duke Energy Corp 0.07%
Freeport-Mcmoran Inc 0.03%
Glencore PLC 0.04%
Johnson & Johnson 0.70%
Nestle SA 0.58%
Nutrien Ltd 0.09%
Rio Tinto Ltd 0.03%
Rio Tinto PLC 0.14%
Royal Dutch Shell PLC-A Shs-Ams 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.07%
Royal Dutch Shell PLC-B Shs 0.09%
Sempra Energy 0.04%
Wilmar International Ltd 0.02%

Animal Testing

Air Liquide SA 0.050%
Air Liquide SA-Pf 0.050%
Air Products and Chemicals Inc 0.190%
Akzo Nobel Nv 0.040%
Archer-Daniels-Midland Co 0.060%
Arkema SA 0.030%
Asahi Group Holdings Ltd 0.010%
Associated British Foods PLC 0.070%
Avantor Inc 0.020%
Axalta Coating Systems Ltd 0.020%
Basf Se 0.070%
Bayer AG 0.170%
Beiersdorf AG 0.010%
British American Tobacco 0.750%
Burberry Group PLC 0.020%
Celanese Corp 0.020%
Chevron Corp 0.160%
Chr Hansen Holding A/S 0.010%
Church & Dwight Co Inc 0.030%
Clorox Co/The 0.050%
Coca-Cola Co/The 0.210%
Colgate-Palmolive Co 0.110%
Corteva Inc 0.050%
Croda International PLC 0.010%
Danone SA 0.050%
Dow Inc 0.050%
Dupont De Nemours Inc 0.060%
Eastman Chemical Co 0.020%
Ecolab Inc 0.070%
Ems-Chemie Holding AG 0.030%
Estee Lauder Cos Inc/The 0.100%
Fmc Corp 0.040%
Fujifilm Holdings Corp 0.030%
General Mills Inc 0.090%
Givaudan SA 0.040%
Glaxosmithkline PLC 0.170%
Henkel AG & Co Kgaa Vorzug 0.020%
Hermes International 0.050%
Hp Inc 0.210%
Icl Group Ltd 0.010%
Ingersoll Rand Inc 0.020%
International Flavors & Fragra-Ny 0.020%
Johnson & Johnson 0.700%
Kao Corp 0.060%
Kellogg Co 0.070%
Kerry Group PLC 0.030%
Kimberly-Clark Corp 0.180%
Kirin Holdings Co Ltd 0.020%
Koninklijke Dsm Nv 0.030%
Kraft Heinz Co/The 0.140%
L'Oreal 0.030%
L'Oreal SA-Pf 0.050%
LVMH Moet Hennessy Louis Vuitt 0.150%
Lanxess AG 0.040%
Linde PLC-Etr 0.050%
Linde PLC-Ny 0.150%
Lyondellbasell Industries Nv 0.040%
Marubeni Corp 0.030%
Mitsubishi Gas Chemical Co Inc 0.030%
Mondelez International Inc 0.130%
Mosaic Co/The 0.020%
Nestle SA 0.580%
Nippon Paint Holdings Co Ltd 0.020%
Novozymes A/S 0.010%
Nutrien Ltd 0.090%
Orkla Asa 0.040%
PPG Industries Inc 0.030%
Pepsico Inc 0.330%
Pola Orbis Holdings Inc 0.020%
Procter & Gamble Co/The 0.790%
Puma Se 0.010%
Reckitt Benckiser Group PLC 0.130%
Ricoh Co Ltd 0.020%
Royal Dutch Shell PLC-A Shs-Ams 0.020%
Royal Dutch Shell PLC-A Shs-Lon 0.070%
Royal Dutch Shell PLC-B Shs 0.090%
Rpm International Inc 0.020%
Seven & I Holdings Co Ltd 0.040%
Sherwin-Williams Co/The 0.110%
Shin-Etsu Chemical Co Ltd 0.060%
Shiseido Co Ltd 0.020%
Sumitomo Chemical Co Ltd 0.010%
Symrise AG 0.030%
Tesco PLC 0.040%
Tosoh Corp 0.030%
Umicore SA 0.010%
Unicharm Corp 0.020%
Unilever Nv 0.180%
Unilever PLC 0.090%
Yara International Asa 0.050%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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.

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
2021 36.18% 39.53%
2020 -7.01% -9.78%
2019 9.82% 3.12%
2018 7.69% 8.42%
2017 9.49% 14.36%
2016 4.71% -2.46%
2015 14.67% 16.56%
2014 10.13% 16.82%
2013 13.93% 7.02%
2012 -2.50% -6.42%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Orbis Global Equity Le Fund
    Australia International Equities
    10.04%
  • Microsoft Corp
    United States International Equities
    2.88%
  • Apple Inc
    United States International Equities
    2.68%
  • Amazon.Com Inc
    United States International Equities
    2.27%
  • Henderson Global Equity Multi Strategy Fund
    United States International Equities
    1.6%
  • Facebook Inc
    United States International Equities
    1.12%
  • Alphabet Inc (Class C)
    United States International Equities
    0.84%
  • Alphabet Inc (Class A)
    United States International Equities
    0.84%
  • Tesla Inc
    United States International Equities
    0.75%
  • Jpmorgan Chase & Co
    United States International Equities
    0.65%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 4.09%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 1.81%
International Equities 100.0% 94.1%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.02%
  • Alcohol:
    0.52%
  • Animal Testing:
    8.36%
  • Fossil Fuels:
    4.78%
  • Gambling:
    0.26%
  • GMOs:
    0.05%
  • Human Rights & Environmental Violations:
    2.48%
  • Palm Oil:
    0.04%
  • Tobacco:
    0.83%
  • Weapons:
    0.65%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"This is a single sector fund with exposure to a diversified global equities portfolio. The fund aims to achieve long term capital growth through exposure to equities of companies listed on stock exchanges around the world (which may include the NZ stock exchange for this fund)."

Value $11M NZD
Period of data report Wed March 31st 2021
Fund started Fri Nov. 29th 1996
Total annual fund fees 2.0%
Total performance based fees 0.0%
Manager's basic fee 1.54%
Administration charges 0.46%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Timothy Pritchard

Currently: Investment Committee Member (2 years, 0 months)
Previously: General Counsel AMP Wealth Management New Zealand (2 years, 10 months)

Jeffery Darren Ruscoe

Currently: Investment Committee Member (2 years, 0 months)
Previously: Chief Client Officer AMP Wealth Management New Zealand (2 years, 0 months)

Blair Robert Vernon

Currently: Investment Committee Member (9 years, 9 months)
Previously: Chief Executive AMP Wealth Management New Zealand (2 years, 3 months)

Mark David Ennis

Currently: Investment Committee Member (0 years, 8 months)
Previously: Managing Director AdviceFirst Limited (1 years, 1 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.