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AMP Balanced Portfolio

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Not Mindful
Type: Balanced fund
Past Returns: 2.14%

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

Annual Fees: 1.93%

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

Agl Energy Ltd 0.05%
Alliant Energy Corp 0.07%
American Electric Power Co Inc 0.02%
Anglo American PLC-Lon 0.02%
Apa Group 0.02%
Apt Pipelines Ltd - 22/03/2030 0.01%
Archer-Daniels-Midland Co 0.01%
BHP Group Ltd 0.34%
BHP Group PLC 0.03%
BP Capital Markets PLC - 03/07/2026 0.01%
BP PLC 0.04%
Cheniere Energy Inc 0.02%
Chevron Corp 0.04%
Chugoku Electric Power Co Inc/ 0.02%
Clp Holdings Ltd 0.02%
Cms Energy Corp 0.05%
Cnooc Ltd 0.01%
Conocophillips 0.02%
Dominion Energy Inc 0.06%
Dte Energy Co 0.03%
Enagas SA 0.01%
Enbridge Inc 0.21%
Engie SA 0.02%
Eni Spa 0.02%
Evergy Inc 0.08%
Exxon Mobil Corp 0.05%
Firstenergy Corp 0.06%
Gazprom PJSC-Adr 0.01%
Gibson Energy Inc 0.07%
Glencore PLC 0.01%
Hollyfrontier Corp 0.01%
Infraestructura Energetica Nov 0.01%
Kinder Morgan Inc/De 0.13%
Koninklijke Vopak Nv 0.02%
Lukoil PJSC-Adr 0.02%
Lyondellbasell Industries Nv 0.01%
Macquarie Infrastructure Corp 0.01%
Neste Oyj 0.02%
Nextera Energy Inc 0.24%
Oil Search Ltd 0.01%
OMV AG 0.03%
Origin Energy Ltd 0.05%
Pembina Pipeline Corp 0.02%
Phillips 66 0.02%
Plains Gp Holdings Lp 0.03%
Royal Dutch Shell PLC-A Shs-Lon 0.02%
Royal Dutch Shell PLC-B Shs 0.04%
Rwe AG 0.03%
Santos Finance Ltd - 14/09/2027 0.01%
Santos Ltd 0.03%
South32 Ltd 0.12%
Suncor Energy Inc 0.01%
Total SA 0.05%
Valero Energy Corp 0.02%
Wec Energy Group Inc 0.04%
Williams Cos Inc/The 0.12%
Woodside Petroleum Ltd 0.04%
Xcel Energy Inc 0.06%

Weapons

Meggitt PLC 0.02%
Teledyne Technologies Inc 0.01%
Transdigm Group Inc 0.01%

Tobacco

British American Tobacco 0.22%

Gambling

Aristocrat Leisure Ltd 0.03%
Crown Resorts Ltd 0.01%
Las Vegas Sands Corp 0.01%
Skycity Entertainment Group Lt-Nzx 0.12%
Tabcorp Holdings Ltd 0.03%

Alcohol

Anheuser-Busch Inbev SA/Nv 0.01%
Carlsberg A/S 0.03%
Delegat Group Ltd 0.02%
Diageo PLC 0.03%
LVMH Moet Hennessy Louis Vuitt 0.05%
Pernod Ricard SA 0.01%
Treasury Wine Estates Ltd 0.02%
Want Want China Holdings Ltd 0.01%

Palm Oil

GMOs

Basf Se 0.02%
Bayer AG 0.04%
Dupont De Nemours Inc 0.01%
Novartis AG 0.18%
Nutrien Ltd 0.02%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co 0.01%
Barrick Gold Corp-Tse 0.02%
BHP Group Ltd 0.34%
BHP Group PLC 0.03%
Chevron Corp 0.04%
Duke Energy Corp 0.09%
Glencore PLC 0.01%
Johnson & Johnson 0.22%
Mmc Norilsk Nickel PJSC-Adr 0.01%
Mmc Norilsk Nickel PJSC-Lon 0.01%
Nestle SA 0.20%
Nutrien Ltd 0.02%
Rio Tinto Ltd 0.16%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC-A Shs-Lon 0.02%
Royal Dutch Shell PLC-B Shs 0.04%
Sempra Energy 0.13%
Sempra Energy - 01/02/2023 0.01%
Vale SA 0.02%

Animal Testing

Air Liquide SA-Pf 0.020%
Air Products & Chemicals Inc 0.050%
Akzo Nobel Nv 0.020%
Archer-Daniels-Midland Co 0.010%
Basf Se 0.020%
Bayer AG 0.040%
Bayer US Finance Ii Llc - 15/12/2028 0.010%
British American Tobacco 0.220%
Chevron Corp 0.040%
Church & Dwight Co Inc 0.010%
Clorox Co/The 0.010%
Coca-Cola Co/The 0.060%
Coca-Cola Femsa Sab De Cv - 22/01/2030 0.010%
Coca-Cola Hbc AG 0.010%
Colgate-Palmolive Co 0.050%
Danone SA 0.030%
Ecolab Inc 0.020%
Estee Lauder Cos Inc/The 0.030%
General Mills Inc 0.020%
Givaudan SA 0.010%
Glaxosmithkline PLC 0.060%
Johnson & Johnson 0.220%
Kimberly-Clark Corp 0.070%
Kraft Heinz Co/The 0.020%
L'Oreal SA-Pf 0.010%
LVMH Moet Hennessy Louis Vuitt 0.050%
Nestle SA 0.200%
Pepsico Inc 0.110%
PPG Industries Inc 0.010%
Procter & Gamble Co/The 0.250%
Reckitt Benckiser Group PLC 0.030%
Royal Dutch Shell PLC-A Shs-Lon 0.020%
Royal Dutch Shell PLC-B Shs 0.040%
Tesco PLC 0.010%
Unilever 0.020%
Unilever Nv 0.040%
Unilever PLC 0.030%
Walgreens Boots Alliance Inc 0.030%

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 -2.86% -3.48%
2019 4.44% 5.45%
2018 4.90% 4.44%
2017 5.60% 6.98%
2016 3.06% -0.57%
2015 8.56% 9.53%
2014 6.13% 4.97%
2013 8.77% 7.74%
2012 0.50% -1.76%
2011 6.26% 4.38%

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:

  • Orbis Global Equity Le Fund
    Australia International Equities
    2.94%
  • Fisher & Paykel Healthcare Corp
    New Zealand Australasian Equities
    1.93%
  • A2 Milk Co Ltd
    New Zealand Australasian Equities
    1.56%
  • New Zealand Government Bond Maturing 20 Apr 29
    New Zealand NZ Fixed Interest AA+
    1.12%
  • New Zealand Government Bond Maturing 15 Apr 27
    New Zealand NZ Fixed Interest AA+
    1.05%
  • Call Account (Rabobank Advance Account NZD)
    New Zealand Cash and Equivalents A
    0.98%
  • New Zealand Government Bond Maturing 15 Apr 37
    New Zealand NZ Fixed Interest AA+
    0.96%
  • Microsoft Corp
    United States International Equities
    0.95%
  • Spark New Zealand Ltd
    New Zealand Australasian Equities
    0.84%
  • New Zealand Government Bond Maturing 14 Apr 33
    New Zealand NZ Fixed Interest AA+
    0.79%

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 10.0% 11.47%
New Zealand Fixed Interest 15.0% 15.21%
International Fixed Interest 18.0% 14.91%
Australasian Equities 16.0% 16.55%
International Equities 35.0% 36.62%
Listed Properties 4.0% 3.62%
Unlisted Properties 0.0% 0.0%
Other 1.0% 0.76%
Commodities 1.0% 0.01%

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 concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.29%
  • Animal Testing:
    2.13%
  • Fossil Fuels:
    3.10%
  • Gambling:
    0.24%
  • GMOs:
    0.30%
  • Human Rights & Environmental Violations:
    1.52%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.22%
  • Weapons:
    0.08%

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

"The fund has a well-diversified portfolio that has a balance of risk through holding growth assets and an allocation to lower-risk income assets. The fund aims to achieve medium returns in exchange there will be some movements up and down in the value of your investments."

Value $74M NZD
Period of data report Tue June 30th 2020
Members Not provided
Fund started Sat Nov. 30th 1996
Total annual fund fees 1.93%
Total performance based fees 0.0%
Manager's basic fee 1.63%
Administration charges 0.3%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Timothy Pritchard

Currently: Investment Committee Member (1 years, 3 months)
Previously: General Counsel AMP Wealth Management New Zealand (2 years, 1 months)

Jeffery Darren Ruscoe

Currently: Investment Committee Member (1 years, 3 months)
Previously: Chief Client Officer AMP Wealth Management New Zealand (1 years, 3 months)

Blair Robert Vernon

Currently: Investment Committee Member (9 years, 0 months)
Previously: Chief Executive AMP Wealth Management New Zealand (1 years, 6 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.

Latest news

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Fund Managers Responsibility - Call to Action

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.