AMP Emerging Markets Fund

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Fund type: Aggressive fund

Past Returns: 3.10%

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

Annual Fees: 2.35%

Annual fees, including management and administration fees, but not membership 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

Weapons

Gambling

Genting Malaysia Bhd 0.03%
Kangwon Land Inc 0.03%
Opap SA 0.05%

Alcohol

Ambev SA Com Npv 0.24%
Anhui Gujing Distillery Co Ltd 0.01%
Anhui Yingjia Distillery Co Ltd 0.01%
Becle SA De Cv 0.02%
Compania Cervecerias Unidas SA 0.02%
Jiangsu Yanghe Brewery Joint Stock Co Ltd 0.03%
Luzhou Laojiao Co Ltd 0.04%
Shanxi Xinghuacun Fen Wine Factory Co Ltd 0.05%
Tsingtao Brewery Company Limited 0.07%
Wuliangye Yibin Co Ltd 0.09%

Palm Oil

Indofood Cbp Sukseidr100 0.02%

Human Rights & Environmental Violations

Centrais Electricas Brasileiras SA 0.04%
Centrais Eletricas Brasileiras SA 0.03%
China Traditional Chinese Medicine Co Ltd 0.02%
Evergreen Marine Corporation 0.19%
Hyundai Engineering & Construction 0.05%
Jbs SA 0.09%
Li Ning Co Ltd 0.31%
Nestle Malaysia Berhad 0.03%
Top Glove Corporation Bhd 0.04%
Yunnan Baiyao Group Co Ltd 0.02%
Zte Corp 0.01%
Zte Corp-H 0.02%

Animal Testing

Amorepacific Corp 0.06%
Charoen Pokphand Foods Pcl 0.05%
China Feihe Ltd 0.06%
Cj Cheikjedang Corp 0.04%
Cj Corporation 0.01%
Far Eastern New Century Corporation 0.04%
Guangdong Haid Group Co Ltd 0.01%
Guangzhou Tinci Materials Technology Co Ltd 0.02%
Hengan International Group Company Limit 0.05%
Hindustan Unilever Ltd 0.01%
Kimberly Clark De Mexico A 0.03%
Lg Household Health Care 0.10%
Lg Household and Health Ltd 0.01%
Lotte Chemical Corporation 0.05%
Nestle Malaysia Berhad 0.03%
New Hope Liuhe Co Ltd 0.01%
Petronas Chemicals Group Bhd 0.09%
Proya Cosmetics Co Ltd 0.01%
Reliance Industries Ltd 0.06%
Sahara International Petrochemical Co Sjsc 0.08%
Sociedad Quimica Y Minera De Chile SA 0.19%
Tongwei Co Ltd 0.03%
Turk Sise Ve Cam Fabrikalari As 0.02%
Turkiye Is Bankasi-C 0.01%
Unilever Indonesia Idr2 0.03%
Wanhua Chemical Group Co Ltd 0.04%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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.

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
2022 3.19% -13.4%
2021 36.07% 32.66%
2020 -7.33% -9.97%
2019 10.16% -5.33%
2018 7.53% 16.35%
2017 9.49% 13.31%
2016 4.71% -5.66%
2015 14.67% 7.59%
2014 10.13% -8.02%
2013 13.93% -6.78%

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 March 31st 2022.

Showing the top 10 investments for this fund:

  • BNP USD Account
    United States Cash and Equivalents
    10.58%
  • Taiwan Semiconductor Manufacturing Company Ltd
    Taiwan, Province of China International Equities
    7.97%
  • Tencent Holdings Ltd
    China International Equities
    4.27%
  • Samsung Electronics Co Ltd
    Slovakia International Equities
    4.27%
  • Alibaba Group Holding Ltd
    China International Equities
    3.37%
  • Meituan
    China International Equities
    1.26%
  • China Construction Bank Corp
    China International Equities
    1.13%
  • Jd.Com, Inc
    Cayman Islands International Equities
    0.94%
  • Sk Hynix Inc
    Korea, Republic of International Equities
    0.83%
  • Al Rajhi Banking and Investment Corporation Sjsc
    Saudi Arabia International Equities
    0.82%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.03%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 99.97%
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 March 31st 2022.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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:
    0.61%
  • Animal Testing:
    1.20%
  • Fossil Fuels:
    0.01%
  • Gambling:
    0.11%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.85%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.00%
  • Weapons:
    0.03%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

In their own words

"This is a single sector fund which has exposure to a selection of international company securities in developing markets in a diversified equity portfolio. The fund aims to achieve long term capital growth and high returns through exposure to equities of companies listed on stock exchanges of developing economies around the world."

Value $1.2M NZD
Period of data report Thu March 31st 2022
Fund started Thu March 11th 1999
Total annual fund fees 2.35%
Total performance based fees 0.0%
Manager's basic fee 1.87%
Other management and administration charges 0.48%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Timothy Pritchard

Currently: Investment Committee Member (3 years, 0 months)
Previously: General Counsel, AMP Wealth Management New Zealand (3 years, 10 months)

Jeffery Darren Ruscoe

Currently: Investment Committee Member (3 years, 0 months)
Previously: Chief Client Officer, AMP Wealth Management New Zealand (3 years, 0 months)

Blair Robert Vernon

Currently: Investment Committee Member (10 years, 9 months)
Previously: Chief Executive, AMP Wealth Management New Zealand (3 years, 3 months)

Mark David Ennis

Currently: Investment Committee Member (1 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (2 years, 1 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.