Funds

AMP Global Fixed Interest Fund

Total Ethical Concerns: 2.47%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Animal Cruelty 0.65%

    • Air Liquide
      0.07%
      0.07%
    • Unilever PLC
      0.07%
      0.07%
    • Coty, Inc.
      0.06%
      0.06%
    • Bayer
      0.05%
      0.05%
    • The Sherwin-Williams Co.
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Ecolab, Inc.
      0.03%
      0.03%
    • Jab Holding Company
      0.03%
      0.03%
    • Kering SA
      0.03%
      0.03%
    • Lanxess AG
      0.03%
      0.03%
    • Albemarle Corp.
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Hormel Foods Corp
      0.02%
      0.02%
    • International Flavors & Fragrances, Inc.
      0.02%
      0.02%
    • PPG Industries, Inc.
      0.02%
      0.02%
    • The Dow Chemical Co.
      0.02%
      0.02%
    • Yara International Asa
      0.02%
      0.02%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Westlake Corp.
      0.01%
      0.01%
  • Human Rights Violations 0.77%

    • Ubs
      0.18%
      0.18%
    • 0.11%
    • 0.10%
    • General Motors
      0.09%
      0.09%
    • Holcim
      0.05%
      0.05%
    • Nestlé
      0.05%
      0.05%
    • Wells Fargo
      0.05%
      0.05%
    • Caterpillar
      0.04%
      0.04%
    • Rio Tinto
      0.02%
      0.02%
  • Social Harm 0.37%

  • Fossil Fuels 0.4%

    • Enel
      0.11%
      1.5°C
      This company is on a 1.5°C pathway
      0.11%
    • Consolidated Edison, Inc.
      0.06%
      0.06%
    • Ameren Corp.
      0.05%
      0.05%
    • Enbw International Finance Bv
      0.05%
      1.5°C
      This company is on a 1.5°C pathway
      0.05%
    • Saudi Electricity Company (Sec)
      0.04%
      0.04%
    • Centerpoint Energy, Inc.
      0.03%
      0.03%
    • Dassault Systèmes Se
      0.03%
      0.03%
    • Iren Spa
      0.02%
      0.02%
    • Rio Tinto
      0.02%
      0.02%
  • Weapons 0.07%

    • 0.07%
  • Environmental Harm 0.4%

    • Pepsico
      0.08%
      0.08%
    • Danone
      0.07%
      0.07%
    • Unilever PLC
      0.07%
      0.07%
    • Bayer
      0.05%
      0.05%
    • 0.05%
    • 3M
      0.03%
      0.03%
    • Mondelez
      0.03%
      0.03%
    • Nutrien Ltd.
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    This is a single sector fund with a diversified portfolio of international fixed interest securities. 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 $3.52M NZD
    Period of data report 31st March 2025
    Fund started 30th Nov. 1996
    Total annual fund fees 0.93%
    Total performance based fees 0.0%
    Manager's basic fee 0.71%
    Other management and administration charges 0.22%
    Total other charges 0.0
    Total other charges currency NZD

    Jeff Ruscoe

    Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
    Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

    Mark Ennis

    Currently: Investment Committee, Member (4 years, 8 months)
    Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

    Justin Boyes*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Retail Customer (2 years, 7 months)

    Aaron Klee*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Investment Management and Services (2 years, 7 months)

    Craig Stobo*

    Currently: Investment Committee, Independent Member (1 years, 5 months)
    Previously: Chairman, Financial Markets Authority (0 years, 10 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 3.87% 2.05%
    2024 3.43% 1.98%
    2023 -0.79% -5.63%
    2022 -2.46% -3.55%
    2021 2.15% 0.27%
    2020 1.75% 2.87%
    2019 2.76% 2.08%
    2018 1.94% 0.25%
    2017 1.52% 0.3%
    2016 2.91% 2.58%

    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 2025.

  • Investments

    Top 10 Investments

    • BNP USD Account

      United States Cash and Equivalents

      1.68%
    • United States Government Bond - Maturing 15 Jan 2027

      United States Int Fixed Interest AAA

      1.02%
    • China Government Bond - Maturing 21 May 2030

      China Int Fixed Interest A1

      0.68%
    • Japanese Government Bond - Maturing 12 Dec 2028

      Japan Int Fixed Interest A1

      0.57%
    • United States Government Bond - Maturing 15 Oct 2026

      United States Int Fixed Interest AAA

      0.56%
    • Japanese Government Bond - Maturing 20 Sep 2028

      Japan Int Fixed Interest A1

      0.53%
    • United States Government Bond - Maturing 15 Feb 2029

      United States Int Fixed Interest AAA

      0.5%
    • United States Government Bond - Maturing 20 Feb 2028

      United States Int Fixed Interest AAA

      0.47%
    • United States Government Bond - Maturing 31 May 2026

      United States Int Fixed Interest AAA

      0.46%
    • Bundesschatzanweisungen 17 Sep 2026

      Germany Int Fixed Interest AAA

      0.44%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.49%
    New Zealand Fixed Interest 0.0% 0.18%
    International Fixed Interest 100.0% 99.33%
    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%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 0.65% Animal Cruelty
  • 0.77% Human Rights Violations
  • 0.37% Social Harm
  • 0.4% Fossil Fuels
  • 0.07% Weapons
  • 0.4% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Air Liquide
      0.07%
      0.07%
    • Unilever PLC
      0.07%
      0.07%
    • Coty, Inc.
      0.06%
      0.06%
    • Bayer
      0.05%
      0.05%
    • The Sherwin-Williams Co.
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Ecolab, Inc.
      0.03%
      0.03%
    • Jab Holding Company
      0.03%
      0.03%
    • Kering SA
      0.03%
      0.03%
    • Lanxess AG
      0.03%
      0.03%
    • Albemarle Corp.
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Hormel Foods Corp
      0.02%
      0.02%
    • International Flavors & Fragrances, Inc.
      0.02%
      0.02%
    • PPG Industries, Inc.
      0.02%
      0.02%
    • The Dow Chemical Co.
      0.02%
      0.02%
    • Yara International Asa
      0.02%
      0.02%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Westlake Corp.
      0.01%
      0.01%
  • Human Rights Violations

    • Ubs
      0.18%
      0.18%
    • 0.11%
    • 0.10%
    • General Motors
      0.09%
      0.09%
    • Holcim
      0.05%
      0.05%
    • Nestlé
      0.05%
      0.05%
    • Wells Fargo
      0.05%
      0.05%
    • Caterpillar
      0.04%
      0.04%
    • Rio Tinto
      0.02%
      0.02%
  • Fossil Fuels

    • Enel
      0.11%
      1.5°C
      This company is on a 1.5°C pathway
      0.11%
    • Consolidated Edison, Inc.
      0.06%
      0.06%
    • Ameren Corp.
      0.05%
      0.05%
    • Enbw International Finance Bv
      0.05%
      1.5°C
      This company is on a 1.5°C pathway
      0.05%
    • Saudi Electricity Company (Sec)
      0.04%
      0.04%
    • Centerpoint Energy, Inc.
      0.03%
      0.03%
    • Dassault Systèmes Se
      0.03%
      0.03%
    • Iren Spa
      0.02%
      0.02%
    • Rio Tinto
      0.02%
      0.02%
  • Weapons

    • 0.07%
  • Environmental Harm

    • Pepsico
      0.08%
      0.08%
    • Danone
      0.07%
      0.07%
    • Unilever PLC
      0.07%
      0.07%
    • Bayer
      0.05%
      0.05%
    • 0.05%
    • 3M
      0.03%
      0.03%
    • Mondelez
      0.03%
      0.03%
    • Nutrien Ltd.
      0.01%
      0.01%

About this Fund

This is a single sector fund with a diversified portfolio of international fixed interest securities. 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 $3.52M NZD
Period of data report 31st March 2025
Fund started 30th Nov. 1996
Total annual fund fees 0.93%
Total performance based fees 0.0%
Manager's basic fee 0.71%
Other management and administration charges 0.22%
Total other charges 0.0
Total other charges currency NZD

Jeff Ruscoe

Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

Mark Ennis

Currently: Investment Committee, Member (4 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

Justin Boyes*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Retail Customer (2 years, 7 months)

Aaron Klee*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Investment Management and Services (2 years, 7 months)

Craig Stobo*

Currently: Investment Committee, Independent Member (1 years, 5 months)
Previously: Chairman, Financial Markets Authority (0 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 3.87% 2.05%
2024 3.43% 1.98%
2023 -0.79% -5.63%
2022 -2.46% -3.55%
2021 2.15% 0.27%
2020 1.75% 2.87%
2019 2.76% 2.08%
2018 1.94% 0.25%
2017 1.52% 0.3%
2016 2.91% 2.58%

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 2025.

Top 10 Investments

  • BNP USD Account

    United States Cash and Equivalents

    1.68%
  • United States Government Bond - Maturing 15 Jan 2027

    United States Int Fixed Interest AAA

    1.02%
  • China Government Bond - Maturing 21 May 2030

    China Int Fixed Interest A1

    0.68%
  • Japanese Government Bond - Maturing 12 Dec 2028

    Japan Int Fixed Interest A1

    0.57%
  • United States Government Bond - Maturing 15 Oct 2026

    United States Int Fixed Interest AAA

    0.56%
  • Japanese Government Bond - Maturing 20 Sep 2028

    Japan Int Fixed Interest A1

    0.53%
  • United States Government Bond - Maturing 15 Feb 2029

    United States Int Fixed Interest AAA

    0.5%
  • United States Government Bond - Maturing 20 Feb 2028

    United States Int Fixed Interest AAA

    0.47%
  • United States Government Bond - Maturing 31 May 2026

    United States Int Fixed Interest AAA

    0.46%
  • Bundesschatzanweisungen 17 Sep 2026

    Germany Int Fixed Interest AAA

    0.44%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.49%
New Zealand Fixed Interest 0.0% 0.18%
International Fixed Interest 100.0% 99.33%
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%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.