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

    • Johnson & Johnson 0.11%
    • Credit Suisse Group AG 0.04%
    • Caterpillar Inc 0.03%
    • Credit Suisse AG London 0.03%
    • Thermo Fisher Scientific 0.03%
    • Nestle Finance Intl Ltd 0.02%
    • Nestle Holdings Inc 0.02%
    • Rio Tinto Fin Usa Ltd 0.02%
    • Bayer US Finance Ii Llc 0.05%
    • 3M Company 0.03%
    • Bayer AG 0.03%
    • Newcrest Finance Pty Ltd 0.02%
    • Bayer Corp 0.01%
    • Nutrien Ltd 0.01%
    • Air Liquide Finance 0.07%
    • Bayer US Finance Ii Llc 0.05%
    • PPG Industries Inc 0.05%
    • Unilever Finance 0.05%
    • Dow Chemical Co/The 0.04%
    • Unilever Capital Corp 0.04%
    • 3M Company 0.03%
    • Akzo Nobel Nv 0.03%
    • Arkema 0.03%
    • Bayer AG 0.03%
    • Imerys SA 0.03%
    • Sherwin-Williams Co 0.03%
    • Dupont De Nemours Inc 0.02%
    • Ecolab Inc 0.02%
    • Hormel Foods Corp 0.02%
    • Jab Holdings Bv 0.02%
    • Kering 0.02%
    • Lanxess AG 0.02%
    • Yara International Asa 0.02%
    • Bayer Corp 0.01%
    • Nutrien Ltd 0.01%
    • Westlake Corp 0.01%
    • Walmart Inc 0.06%
    • Enel Finance Intl Nv 0.08% 1.5°C
      This company is on a 1.5°C pathway
    • Ameren Illinois Co 0.05%
    • Cie De Saint-Gobain 0.05%
    • Orsted A/S 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Erg Spa 0.04%
    • Saudi Electricity Co 0.04%
    • Con Edison Co Of Ny Inc 0.03%
    • Consolidated Edison Inc 0.02%
    • Dassault Systemes 0.02%
    • Enel Spa 0.02% 1.5°C
      This company is on a 1.5°C pathway
    • Iren Spa 0.02%
    • Rio Tinto Fin Usa Ltd 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 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

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 $4.09M NZD
Period of data report 30th Sept. 2023
Fund started 30th Nov. 1996
Total annual fund fees 0.91%
Total performance based fees 0.0%
Manager's basic fee 0.71%
Other management and administration charges 0.2%
Total other charges 0.0
Total other charges currency NZD

Jeffery Darren Ruscoe

Currently: Investment Committee Member (4 years, 6 months)
Previously: Managing Director, AMP Wealth Management New Zealand (1 years, 5 months)

Mark David Ennis

Currently: Investment Committee Member (3 years, 2 months)
Previously: Managing Director, AdviceFirst Limited (3 years, 7 months)

Katie Priscilla Breatnach

Currently: Investment Committee Member (0 years, 7 months)
Previously: GM Legal & Governance, AMP Wealth Management New Zealand (0 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 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 -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%
2015 5.21% 5.68%
2014 1.36% 1.47%

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 30th Sept. 2023.

Top 10 Investments

  • United States Government Bond - Maturing 15 Nov 2024
    United States Int Fixed Interest AAA
    0.92%
  • Japanese Government Bond - Maturing 20 Mar 2026
    Japan Int Fixed Interest A1
    0.91%
  • United States Government Bond - Maturing 31 Mar 2027
    United States Int Fixed Interest AAA
    0.88%
  • United States Government Bond - Maturing 31 Jan 2027
    United States Int Fixed Interest AAA
    0.83%
  • United States Government Bond - Maturing 30 Jun 2028
    United States Int Fixed Interest AAA
    0.8%
  • United States Government Bond - Maturing 28 Feb 2026
    United States Int Fixed Interest AAA
    0.77%
  • United States Government Bond - Maturing 31 Oct 2024
    United States Int Fixed Interest AAA
    0.75%
  • Japanese Government Bond - Maturing 20 Dec 2027
    Japan Int Fixed Interest A1
    0.7%
  • China Government Bond - Maturing 21 May 2030
    China Int Fixed Interest A1
    0.63%
  • Agricultural Development Bank Of China - Maturing 24 Aug 2027
    China Int Fixed Interest A1
    0.62%
Type Target Actual
Cash and Cash Equivalents 0.0% 4.45%
New Zealand Fixed Interest 0.0% 0.16%
International Fixed Interest 100.0% 95.39%
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 against the fund's targets.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2023.