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%
Anglo American Capital PLC - 18/09/2025 0.01%
Apt Pipelines Ltd - 22/03/2030 0.08%
Basf Se - 05/06/2027 0.01%
BHP Billiton Finance Usa Ltd - 30/09/2043 0.01%
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 - 22/06/2030 0.04%
BP Capital Markets PLC - 22/09/2025 0.03%
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%
China Cinda Finance 2017 I Ltd - 09/03/2027 0.02%
Cimarex Energy Co - 15/03/2029 0.02%
Cimarex Energy Co - 15/05/2027 0.05%
Ck Hutchison Finance 16 Ii Ltd - 03/10/2024 0.03%
Ck Hutchison International 17 - 29/03/2023 0.02%
Cnac Hk Finbridge Co Ltd - 14/03/2023 0.02%
Cnooc Finance 2014 Ulc - 30/04/2024 0.02%
Coca-Cola Co/The - 02/09/2036 0.01%
Concho Resources Inc - 15/08/2048 0.02%
Conocophillips - 01/02/2039 0.01%
Diamondback Energy Inc - 01/12/2026 0.08%
Dominion Energy Inc - 01/04/2030 0.02%
Ecopetrol SA - 26/06/2026 0.01%
Edp - Energias De Portugal SA - 20/07/2080 0.02%
Electricite De France SA - 13/10/2026 0.01%
Electricite De France SA - 17/10/2041 0.02%
Enbridge Inc - 27/08/2042 0.02%
Enel Finance International Nv - 06/04/2023 0.02%
Enel Finance International Nv - 14/09/2040 0.02%
Engie SA - 19/09/2033 0.01%
Eni Spa - 17/01/2027 0.02%
Equinor Asa - 10/09/2025 0.03%
Equinor Asa - 22/05/2030 0.01%
Evergy Inc - 15/09/2029 0.01%
Exxon Mobil Corp - 16/08/2029 0.02%
Exxon Mobil Corp - 26/06/2032 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%
Iberdrola International Bv - 22/05/2023 0.01%
Ie2 Holdco Sau - 01/06/2026 0.06%
Jefferies Group Llc / Jefferie - 15/01/2027 0.01%
Kazmunaygas National Co Jsc - 24/04/2030 0.02%
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 - 01/05/2050 0.02%
Midamerican Energy Co - 15/04/2029 0.18%
Mitsubishi Corp - 14/07/2022 0.02%
Mplx Lp - 01/03/2027 0.01%
Naturgy Finance Bv - 19/01/2027 0.01%
Nextera Energy Capital Holding - 01/06/2030 0.01%
Occidental Petroleum Corp - 15/08/2029 0.02%
Oneok Inc - 13/07/2027 0.01%
Pertamina Persero Pt - 30/07/2029 0.02%
Phillips 66 - 15/12/2030 0.04%
Rio Tinto Finance Usa Ltd - 15/06/2025 0.02%
Santos Finance Ltd - 14/09/2027 0.09%
Saudi Arabian Oil Co - 16/04/2039 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 0.03%
Sigma Finance Netherlands Bv - 27/03/2028 0.02%
Sse PLC - 16/09/2077 0.02%
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 Capital International SA - 29/06/2041 0.01%
Total Se - 02/12/2022 0.02%
Total Se - 18/05/2022 0.02%
Total Se - 26/02/2025 0.01%
Valero Energy Corp - 15/09/2026 0.01%
Vattenfall Ab - 17/03/2021 0.02%
Williams Cos Inc/The - 15/09/2045 0.02%
Wintershall Dea Finance Bv - 25/09/2028 0.08%
Xcel Energy Inc - 15/06/2028 0.02%
Tobacco
Alimentation Couche-Tard Inc - 26/07/2027 0.01%
Alcohol
Anheuser-Busch Cos Llc / Anheu - 01/02/2046 0.02%
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%
Anheuser-Busch Inbev Worldwide - 23/01/2049 0.02%
Carlsberg Breweries A/S - 30/06/2027 0.01%
Constellation Brands Inc - 15/02/2023 0.01%
Diageo Capital PLC - 24/10/2029 0.02%
Heineken Nv - 30/03/2030 0.01%
LVMH Moet Hennessy Louis Vuitt - 26/05/2024 0.02%
Pernod Ricard SA - 24/10/2031 0.01%
Human Rights & Environmental Violations
Archer-Daniels-Midland Co - 27/03/2030 0.02%
BHP Billiton Finance Usa Ltd - 30/09/2043 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 - 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 0.03%
Vale Overseas Ltd - 10/08/2026 0.02%
Animal Testing
Air Liquide Finance SA - 08/03/2027 0.010%
Air Products and Chemicals Inc - 15/05/2030 0.040%
Archer-Daniels-Midland Co - 27/03/2030 0.020%
Argentum Netherlands Bv For Sw - 15/08/2052 0.020%
Argentum Netherlands Bv For Zu - 01/10/2046 0.010%
Basf Se - 05/06/2027 0.010%
Bayer AG - 06/07/2032 0.050%
Bayer Capital Corp Bv - 26/06/2026 0.010%
Bayer US Finance Ii Llc - 25/06/2038 0.020%
Cnac Hk Finbridge Co Ltd - 14/03/2023 0.020%
Coca-Cola Co/The - 02/09/2036 0.010%
Danone SA - 23/06/2023 0.010%
Dow Chemical Co/The - 15/11/2042 0.010%
Dupont De Nemours Inc - 15/11/2028 0.010%
Dupont De Nemours Inc - 15/11/2038 0.020%
Ecolab Inc - 01/12/2027 0.020%
General Mills Inc - 10/02/2027 0.010%
General Mills Inc - 15/04/2030 0.060%
Glaxosmithkline Capital PLC - 18/12/2045 0.020%
Johnson & Johnson - 03/03/2037 0.010%
Kellogg Co - 01/12/2023 0.020%
Keurig Dr Pepper Inc - 25/05/2028 0.010%
Koninklijke Dsm Nv - 23/06/2032 0.010%
Linde Finance Bv - 19/05/2032 0.010%
LVMH Moet Hennessy Louis Vuitt - 26/05/2024 0.020%
Lyb International Finance Ii B - 02/03/2027 0.020%
Lyb International Finance Iii - 01/05/2050 0.020%
Mondelez International Inc - 13/04/2030 0.090%
Nestle Finance International L - 02/11/2037 0.010%
Pepsico Inc - 15/10/2027 0.030%
Procter & Gamble Co/The - 25/03/2050 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 0.030%
Sherwin-Williams Co/The - 15/05/2030 0.040%
Sherwin-Williams Co/The - 15/05/2050 0.010%
Sherwin-Williams Co/The - 15/08/2029 0.020%
Syngenta Finance Nv - 24/04/2023 0.020%
Unilever Nv - 12/02/2027 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 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.
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 |
|---|---|---|
| 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 Thu Dec. 31st 2020.
Showing the top 10 investments for this fund:
-
Mexican Bonos Bond Maturing 03 Jun 27
Mexico Int Fixed Interest BBB-0.92% -
United States Treasury Note Bond Maturing 15 Aug 24
United States Int Fixed Interest AA+0.87% -
Japan Treasury Discount Bill Bond Maturing 22 Feb 21
Japan Int Fixed Interest A0.87% -
United States Treasury Note Bond Maturing 31 Mar 22
United States Int Fixed Interest AA+0.76% -
Japan Treasury Discount Bill Bond Maturing 08 Mar 21
Japan Int Fixed Interest A0.76% -
Ginnie Mae Ii Pool Bond Maturing 15 Jan 44
United States Int Fixed Interest AA+0.7% -
United States Treasury Note Bond Maturing 15 Aug 26
United States Int Fixed Interest AA+0.68% -
Italy Buoni Poliennali Del Tesoro Bond Maturing 01 May 21
Italy Int Fixed Interest BBB-0.56% -
United States Treasury Note Bond Maturing 31 Mar 24
United States Int Fixed Interest AA+0.56% -
United States Treasury Inflation Bond Maturing 15 Apr 29
United States Int Fixed Interest AA+0.55%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 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% | 4.18% |
| New Zealand Fixed Interest | 0.0% | 0.12% |
| International Fixed Interest | 100.0% | 95.7% |
| 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 Thu Dec. 31st 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:0.17%
-
Animal Testing:0.92%
-
Fossil Fuels:2.14%
-
Gambling:0.00%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.24%
-
Palm Oil:0.00%
-
Tobacco:0.01%
-
Weapons:0.00%
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 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 | $6.2M NZD |
| Period of data report | Thu Dec. 31st 2020 |
| Members | Not provided |
| Fund started | Sat Nov. 30th 1996 |
| Total annual fund fees | 1.47% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.02% |
| Administration charges | 0.45% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Timothy Pritchard |
Currently: Investment Committee Member (1 years, 9 months) |
|
Jeffery Darren Ruscoe |
Currently: Investment Committee Member (1 years, 9 months) |
|
Blair Robert Vernon |
Currently: Investment Committee Member (9 years, 6 months) |
|
Mark David Ennis |
Currently: Investment Committee Member (0 years, 5 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
