AMP Emerging Markets

Not Mindful

Type: Aggressive fund

Past Returns: 0.35%

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

Annual Fees: 2.56%

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

Adaro Energy Tbk Pt 0.01%
Anglo American Platinum Ltd 0.18%
Anglo American PLC-Jse 0.02%
Anglo American PLC-Lon 0.21%
Cez As 0.03%
China Petroleum & Chemical-H 0.13%
China Resources Power Holdings 0.02%
China Shenhua Energy Co-H 0.08%
Cnooc Ltd 0.38%
Coal India Ltd 0.12%
Cosan SA 0.02%
Cosco Shipping Energy Transpor 0.01%
Cosco Shipping Ports Ltd 0.01%
Ecopetrol SA 0.09%
Electricity Generating Pcl 0.02%
Engie Brasil SA 0.20%
Engie Energia Chile SA 0.06%
Exxaro Resources Ltd 0.04%
Formosa Petrochemical Corp 0.03%
Gail India Ltd 0.01%
Gazprom PJSC-Adr 0.34%
Gazprom PJSC-Lon 0.10%
Globaltrans Investment PLC 0.01%
Grupa Lotos SA 0.03%
Gs Holdings Corp 0.01%
Huaneng Power International In 0.02%
Infraestructura Energetica Nov 0.02%
Korea Electric Power Corp 0.04%
Kunlun Energy Co Ltd 0.09%
Lukoil PJSC-Adr 0.78%
Lukoil PJSC-Lon 0.06%
Misc Bhd 0.02%
Mol Hungarian Oil & Gas PLC 0.17%
Motor Oil Hellas Corinth Refin 0.01%
Novatek PJSC 0.11%
Perusahaan Gas Negara Tbk Pt 0.04%
Petrobras - Petroleo Bras 0.10%
Petrobras - Petroleo Bras-Pr 0.11%
Petrobras Distribuidora SA 0.02%
Petrochina Co Ltd-H 0.08%
Petronas Gas Bhd 0.04%
Polski Koncern Naftowy Orlen S 0.06%
Polskie Gornictwo Naftowe I Ga 0.03%
Ptt Explor & Prod Pcl-Nvdr 0.06%
Ptt Exploration & Prod-For 0.09%
Ptt Global Chemical Pcl 0.02%
Ptt Pcl/Foreign 0.01%
Reliance Industries Ltd 0.06%
Rosneft Oil Co PJSC 0.05%
S-Oil Corp 0.02%
Sinopec Shanghai Petrochemical 0.01%
Sk Innovation Co Ltd 0.04%
Tatneft Pao 0.24%
Tenaga Nasional Bhd 0.09%
Yanzhou Coal Mining Co Ltd 0.01%

Weapons

Aselsan Elektronik Sanayi Ve T 0.01%
Avichina Industry & Technology 0.01%
Bharat Electronics Ltd 0.15%
Embraer SA 0.01%

Gambling

Genting Bhd 0.10%
Genting Malaysia Bhd 0.02%
Kangwon Land Inc 0.02%
Opap SA 0.02%
Sands China Ltd 0.16%

Alcohol

Ambev SA 0.13%
Ambev SA-Adr 0.19%
Anhui Gujing Distillery Co Ltd 0.01%
Beijing Enterprises Holdings L 0.09%
Carlsberg A/S 0.23%
Carlsberg Brewery Malaysia Bhd 0.03%
China Resources Beer Holdings 0.07%
Heineken Malaysia Bhd 0.03%
Jiangsu Yanghe Brewery Joint-S 0.02%
Kweichow Moutai Co Ltd 0.12%
Tsingtao Brewery Co Ltd-H 0.02%
Want Want China Holdings Ltd 0.36%
Wuliangye Yibin Co Ltd 0.29%

Palm Oil

Astra International Tbk Pt 0.22%
Genting Bhd 0.10%
Genting Malaysia Bhd 0.02%
Hap Seng Consolidated Bhd 0.02%
Ijm Corp Bhd 0.01%
Indofood Cbp Sukses Makmur Tbk 0.12%
Indofood Sukses Makmur Tbk Pt 0.02%
Ioi Corp Bhd 0.02%
Kuala Lumpur Kepong Bhd 0.02%
Malaysia Airports Holdings Bhd 0.01%
Posco 0.11%
Posco Chemical Co Ltd 0.01%
Ppb Group Bhd 0.02%
Sime Darby Bhd 0.01%
Sime Darby Plantation Bhd 0.03%

GMOs

Human Rights & Environmental Violations

Astra International Tbk Pt 0.22%
Genting Bhd 0.10%
Genting Malaysia Bhd 0.02%
Grupo Mexico Sab De Cv 0.29%
Ijm Corp Bhd 0.01%
Ioi Corp Bhd 0.02%
Jbs SA 0.09%
Mmc Norilsk Nickel PJSC-Adr 0.35%
Mmc Norilsk Nickel PJSC-Lon 0.34%
Nestle India Ltd 0.14%
Nestle Malaysia Bhd 0.02%
Petrochina Co Ltd-H 0.08%
Petroleo Brasileiro-Spon Adr 0.33%
Posco 0.11%
Posco Chemical Co Ltd 0.01%
Southern Copper Corp 0.02%
Vale SA 0.56%
Zijin Mining Group Co Ltd-A 0.01%
Zijin Mining Group Co Ltd-H 0.02%
Zte Corp-A 0.02%
Zte Corp-H 0.02%

Animal Testing

Amorepacific Corp 0.050%
Amorepacific Group 0.020%
Coca-Cola Femsa Sab De Cv 0.020%
Coca-Cola Femsa Sab-Sp Adr 0.020%
Colgate-Palmolive India Ltd 0.010%
Far Eastern New Century Corp 0.020%
Glaxosmithkline Consumer Healt 0.010%
Hindustan Unilever Ltd 0.330%
Kimberly-Clark De Mexico Sab D 0.080%
Nestle India Ltd 0.140%
Nestle Malaysia Bhd 0.020%
Unilever Indonesia Tbk Pt 0.050%

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	-7.57%	-9.97%
2019	10.01%	-5.33%
2018	7.40%	16.35%
2017	9.64%	13.31%
2016	4.71%	-5.66%
2015	14.67%	7.59%
2014	10.13%	-8.02%
2013	13.93%	-6.78%
2012	-2.50%	-18.46%
2011	5.97%	5.78%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

Alibaba Group Holding Ltd
China International Equities

6.98%
Tencent Holdings Ltd
Hong Kong International Equities

6.72%
Samsung Electronics Co Ltd
Korea, Republic of International Equities

4.39%
Taiwan Semiconductor Manufacturing Co Ltd
Taiwan, Province of China International Equities

4.02%
Ping An Insurance Group Co Of China
China International Equities

1.65%
China Construction Bank Corp
China International Equities

1.48%
Jd.Com Inc
China International Equities

1.28%
Taiwan Semiconductor Manufacturing Co Ltd (Dr)
Taiwan, Province of China International Equities

1.09%
Naspers Ltd
South Africa International Equities

0.89%
Meituan Dianping
China International Equities

0.89%

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	0.0%	2.85%
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%	97.15%
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 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:

1.64%
Animal Testing:

0.78%
Fossil Fuels:

4.82%
Gambling:

0.32%
GMOs:

0.01%
Human Rights & Environmental Violations:

2.81%
Palm Oil:

0.75%
Tobacco:

0.00%
Weapons:

0.21%

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 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	$1.4M NZD
Period of data report	Tue June 30th 2020
Members	Not provided
Fund started	Thu March 11th 1999
Total annual fund fees	2.56%
Total performance based fees	0.0%
Manager's basic fee	2.09%
Administration charges	0.47%
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.

Portfolio holdings v