Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
Annual fees, including any membership and % management 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
Abu Dhabi National Energy Co P - 22/06/2026 0.02%
Aker BP Asa - 15/01/2030 0.05%
Anglo American Capital PLC - 18/09/2025 0.01%
Apt Pipelines Ltd - 22/03/2030 0.08%
BHP Billiton Finance Usa Ltd - 30/09/2043 0.01%
BP Capital Markets America Inc - 04/05/2026 0.06%
BP Capital Markets America Inc - 19/09/2022 0.03%
BP Capital Markets PLC - 03/07/2026 0.08%
BP Capital Markets PLC - 16/02/2027 0.04%
BP Capital Markets PLC - 26/06/2029 0.01%
Canadian Natural Resources Ltd - 01/12/2026 0.02%
Chevron Corp - 03/03/2024 0.02%
Cimarex Energy Co - 15/03/2029 0.03%
Cimarex Energy Co - 15/05/2027 0.03%
Cnooc Nexen Finance 2014 Ulc - 30/04/2024 0.02%
Concho Resources Inc - 15/08/2048 0.05%
Conocophillips - 01/02/2039 0.01%
Diamondback Energy Inc - 01/12/2026 0.06%
Ecopetrol SA - 26/06/2026 0.01%
Enbridge Inc - 27/08/2042 0.01%
Engie SA - 19/09/2033 0.01%
Eni Spa - 17/01/2027 0.02%
Eog Resources Inc - 01/04/2020 0.02%
Equinor Asa - 10/09/2025 0.03%
Exxon Mobil Corp - 16/08/2029 0.02%
Gazprom PJSC Via Gaz Capital S - 21/03/2026 0.01%
Glencore Funding Llc - 27/10/2022 0.02%
Husky Energy Inc - 10/03/2027 0.01%
Kinder Morgan Energy Partners - 01/03/2043 0.02%
Korea Gas Corp - 20/07/2027 0.02%
Lyb International Finance Ii B - 02/03/2027 0.02%
Lyb International Finance Iii - 15/10/2049 0.02%
Marathon Petroleum Corp - 01/04/2048 0.02%
Occidental Petroleum Corp - 15/08/2029 0.02%
Oneok Inc - 13/07/2027 0.01%
Petroleos Mexicanos - 13/03/2027 0.02%
Petroleos Mexicanos - 21/09/2047 0.01%
Santos Finance Ltd - 14/09/2027 0.08%
Shell International Finance Bv - 07/11/2049 0.03%
Shell International Finance Bv - 10/05/2046 0.02%
Shell International Finance Bv - 24/03/2021 0.04%
Suez - 03/04/2029 0.01%
Suncor Energy Inc - 01/12/2024 0.02%
Sunoco Logistics Partners Oper - 01/10/2047 0.01%
Total Capital International SA - 19/11/2021 0.02%
Total SA - 02/12/2022 0.02%
Total SA - 18/05/2022 0.02%
Total SA - 26/02/2025 0.01%
Williams Cos Inc/The - 15/09/2045 0.01%
Xcel Energy Inc - 15/06/2028 0.02%
Weapons
Rockwell Collins Inc - 15/03/2022 0.02%
Alcohol
Anheuser-Busch Cos Llc / Anheu - 01/02/2046 0.02%
Anheuser-Busch Inbev Finance I - 01/02/2023 0.01%
Anheuser-Busch Inbev SA/Nv - 17/03/2025 0.02%
Anheuser-Busch Inbev SA/Nv - 24/05/2029 0.01%
Anheuser-Busch Inbev Worldwide - 23/01/2029 0.01%
Constellation Brands Inc - 15/02/2023 0.02%
Diageo Capital PLC - 24/10/2029 0.02%
LVMH Moet Hennessy Louis Vuitt - 26/05/2024 0.02%
Pernod Ricard SA - 24/10/2031 0.01%
GMOs
Bayer Capital Corp Bv - 26/06/2026 0.01%
Dupont De Nemours Inc - 15/11/2028 0.01%
Dupont De Nemours Inc - 15/11/2048 0.03%
Novartis Finance SA - 31/03/2021 0.02%
Syngenta Finance Nv - 24/04/2023 0.02%
Vilmorin & Cie SA - 26/05/2021 0.03%
Human Rights & Environmental Violations
BHP Billiton Finance Usa Ltd - 30/09/2043 0.01%
Duke Energy Corp - 15/08/2022 0.01%
Glencore Funding Llc - 27/10/2022 0.02%
Johnson & Johnson - 03/03/2037 0.01%
Nestle Finance International L - 02/11/2037 0.01%
Rio Tinto Finance Usa Ltd - 15/06/2025 0.02%
Sempra Energy - 01/02/2023 0.07%
Sempra Energy - 15/10/2039 0.02%
Shell International Finance Bv - 07/11/2049 0.03%
Shell International Finance Bv - 10/05/2046 0.02%
Shell International Finance Bv - 24/03/2021 0.04%
Vale Overseas Ltd - 10/08/2026 0.02%
Animal Testing
Air Liquide Finance SA - 08/03/2027 0.010%
Argentum Netherlands Bv For Sw - 15/08/2052 0.020%
Bayer Capital Corp Bv - 26/06/2026 0.010%
Bayer US Finance Ii Llc - 15/12/2028 0.060%
Bayer US Finance Ii Llc - 25/06/2038 0.020%
Coca-Cola Co/The - 02/09/2036 0.010%
Coca-Cola Femsa Sab De Cv - 22/01/2030 0.070%
Danone SA - 23/06/2023 0.010%
Ecolab Inc - 01/12/2027 0.020%
General Mills Inc - 10/02/2027 0.010%
Glaxosmithkline Capital PLC - 18/12/2045 0.020%
Johnson & Johnson - 03/03/2037 0.010%
LVMH Moet Hennessy Louis Vuitt - 26/05/2024 0.020%
Nestle Finance International L - 02/11/2037 0.010%
Pepsico Inc - 15/10/2027 0.030%
Procter & Gamble Co/The - 11/08/2022 0.010%
Procter & Gamble Co/The - 25/10/2029 0.010%
Reckitt Benckiser Treasury Ser - 24/06/2022 0.020%
Shell International Finance Bv - 07/11/2049 0.030%
Shell International Finance Bv - 10/05/2046 0.020%
Shell International Finance Bv - 24/03/2021 0.040%
Syngenta Finance Nv - 24/04/2023 0.020%
Unilever Nv - 12/02/2027 0.020%
Walgreens Boots Alliance Inc - 01/06/2026 0.020%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.
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 |
|---|---|---|
| 2020 | 1.67% | 2.87% |
| 2019 | 2.69% | 2.08% |
| 2018 | 2.37% | 0.25% |
| 2017 | 1.63% | 0.3% |
| 2016 | 2.91% | 2.58% |
| 2015 | 5.21% | 5.68% |
| 2014 | 1.36% | 1.47% |
| 2013 | 4.22% | 3.57% |
| 2012 | 3.86% | 6.68% |
| 2011 | 3.79% | 4.07% |
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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
United States Treasury Note Bond Maturing 31 Mar 22
United States Int Fixed Interest AA+1.45% -
United States Treasury Note Bond Maturing 15 Aug 24
United States Int Fixed Interest AA+0.99% -
United States Treasury Note Bond Maturing 15 Aug 26
United States Int Fixed Interest AA+0.77% -
Japan Treasury Discount Bill Bond Maturing 31 Aug 20
Japan Int Fixed Interest A+0.73% -
Mexican Bonos Bond Maturing 03 Jun 27
Mexico Int Fixed Interest BBB-0.72% -
Japan Treasury Discount Bill Bond Maturing 17 Aug 20
Japan Int Fixed Interest A+0.72% -
Ginnie Mae Bond Maturing 15 Jul 42
United States Int Fixed Interest AA+0.71% -
Fannie Mae Or Freddie Mac Bond Maturing 15 Jul 41
United States Int Fixed Interest AA+0.64% -
United States Treasury Bill Bond Maturing 07 Jul 20
United States Int Fixed Interest AA+0.62% -
Fannie Mae Or Freddie Mac Bond Maturing 15 Jul 31
United States Int Fixed Interest AA+0.61%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 3.37% |
| New Zealand Fixed Interest | 0.0% | 0.13% |
| International Fixed Interest | 100.0% | 96.5% |
| 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% |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.
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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.15%
-
Animal Testing:0.56%
-
Fossil Fuels:1.34%
-
Gambling:0.00%
-
GMOs:0.14%
-
Human Rights & Environmental Violations:0.30%
-
Palm Oil:0.00%
-
Tobacco:0.00%
-
Weapons:0.02%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 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 a diversified portfolio of international fixed interest securities using a combination of specialist investment managers. The multi-manager approach provides exposure to a range of sectors securities and diversification across investment approaches. The fund aims to primarily preserve the value of your investment with some capital growth by investing in fixed interest securities issues in bond markets around the world (which may include NZ bond markets)."
| Value | $6.6M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | Not provided |
| Fund started | Sat Nov. 30th 1996 |
| Total annual fund fees | 1.56% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.16% |
| Administration charges | 0.4% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Timothy Pritchard |
Currently: Investment Committee Member (1 years, 3 months) |
|
Jeffery Darren Ruscoe |
Currently: Investment Committee Member (1 years, 3 months) |
|
Blair Robert Vernon |
Currently: Investment Committee Member (9 years, 0 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
