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

    • Meta Platforms Inc-Class A 0.90%
    • Johnson & Johnson 0.42%
    • Thermo Fisher Scientific Inc 0.19%
    • Uber Technologies Inc 0.15%
    • Ubs Group AG-Reg 0.15%
    • Motorola Solutions Inc 0.14%
    • Rio Tinto Ltd 0.10%
    • Caterpillar Inc 0.05%
    • Pan American Silver Corp 0.03%
    • Teva Pharmaceutical-Sp Adr 0.03%
    • Centrais Eletricas Brasilier 0.02%
    • Mtn Group Ltd 0.02%
    • Palantir Technologies Inc-A 0.02%
    • Rio Tinto PLC 0.02%
    • Li Ning Co Ltd 0.01%
    • Nutrien Ltd 0.14%
    • 3M Co 0.05%
    • Fmc Corp 0.04%
    • Southern Copper Corp 0.02%
    • Evergreen Marine Corp Ltd 0.01%
    • Harmony Gold Mining Co Ltd 0.01%
    • Soc Quimica Y Minera Chile-B 0.01%
    • Ecolab Inc 0.20%
    • LVMH Moet Hennessy Louis Vui 0.20%
    • Kimberly-Clark Corp 0.18%
    • Nutrien Ltd 0.14%
    • Sherwin-Williams Co/The 0.14%
    • Dupont De Nemours Inc 0.12%
    • Givaudan-Reg 0.12%
    • L'Oreal 0.12%
    • Church & Dwight Co Inc 0.11%
    • PPG Industries Inc 0.11%
    • Shin-Etsu Chemical Co Ltd 0.10%
    • Clorox Company 0.07%
    • Albemarle Corp 0.06%
    • Estee Lauder Companies-Cl A 0.06%
    • Intl Flavors & Fragrances 0.06%
    • Mosaic Co/The 0.06%
    • 3M Co 0.05%
    • Croda International PLC 0.04%
    • Fmc Corp 0.04%
    • Mowi Asa 0.04%
    • Novozymes A/S-B Shares 0.04%
    • Rentokil Initial PLC 0.04%
    • Air Liquide SA 0.03%
    • Hermes International 0.03%
    • Orica Ltd 0.02%
    • Rpm International Inc 0.02%
    • Koninklijke Ahold Delhaize N 0.01%
    • Walmart Inc 0.26%
    • Contact Energy Ltd 0.93% 1.5°C
      This company is on a 1.5°C pathway
    • Enel Spa 0.23% 1.5°C
      This company is on a 1.5°C pathway
    • Rio Tinto Ltd 0.10%
    • Orsted A/S 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Verbund AG 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Weg SA 0.03%
    • Acwa Power Co 0.02%
    • Centrais Eletricas Brasilier 0.02%
    • Jindal Steel & Power Ltd 0.02%
    • Northland Power Inc 0.02%
    • Orica Ltd 0.02%
    • Rio Tinto PLC 0.02%
    • Pegatron Corp 0.01%

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 2024 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

The fund has a well-diversified portfolio that aims to provide growth, primarily through holding growth assets with a low allocation to income assets. The fund aims to achieve high returns, in exchange there will be larger movements up and down in the value of your investments.

Value $4.45M NZD
Period of data report 30th June 2024
Fund started 6th Nov. 2013
Total annual fund fees 1.34%
Total performance based fees 0.0%
Manager's basic fee 1.11%
Other management and administration charges 0.23%
Total other charges 0.0
Total other charges currency NZD

Jeffery Darren Ruscoe

Currently: Investment Committee Member (5 years, 3 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 2 months)

Mark David Ennis

Currently: Investment Committee Member (3 years, 11 months)
Previously: Managing Director / Director, AdviceFirst Limited / AMP Wealth Management New Zealand (4 years, 4 months)

Katie Priscilla Breatnach

Currently: Investment Committee Member (1 years, 4 months)
Previously: Director / GM Legal & Governance, AMP Wealth Management New Zealand (1 years, 7 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

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
2024 14.61% 17.23%
2023 -4.85% -4.97%
2022 3.53% 1.79%
2021 35.55% 28.54%
2020 -7.06% -6.16%
2019 10.17% 7.23%
2018 7.53% 6.72%
2017 9.49% 11.03%
2016 4.71% -1.24%
2015 14.67% 11.77%

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 June 2024.

Top 10 Investments

  • Microsoft Corp
    United States International Equities
    2.75%
  • Apple Inc
    United States International Equities
    2.74%
  • Nvidia Corp
    United States International Equities
    2.7%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    2.27%
  • BNP USD Account
    United States Cash and Equivalents
    2.18%
  • Amazon.Com Inc
    United States International Equities
    1.62%
  • Taiwan Semiconductor Manufacturing Company Ltd
    Taiwan, Province of China International Equities
    1.45%
  • Infratil Limited
    New Zealand Australasian Equities
    1.34%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.32%
  • Meridian Energy Limited
    New Zealand Australasian Equities
    1.03%
Type Target Actual
Cash and Cash Equivalents 2.0% 2.39%
New Zealand Fixed Interest 5.5% 2.95%
International Fixed Interest 0.0% 6.83%
Australasian Equities 22.0% 19.05%
International Equities 63.5% 68.78%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 7.0% 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 June 2024.