Funds

AMP Emerging Markets Fund

Total Ethical Concerns: 3.25%

The average total concerns of all managed aggressive funds is 12.02%.

Companies of Concern

  • Animal Cruelty 0.35%

    • Jbs S.A.
      0.08%
      0.08%
    • Kimberly-Clark Corp.
      0.04%
      0.04%
    • Petronas Chemicals Group Bhd.
      0.04%
      0.04%
    • Amorepacific
      0.03%
      0.03%
    • Lg H&H Co., Ltd.
      0.03%
      0.03%
    • Sahara International Petrochemical Co.
      0.03%
      0.03%
    • Hengan International Group Co., Ltd.
      0.02%
      0.02%
    • Skc Co
      0.02%
      0.02%
    • Wanhua Chemical Group Co., Ltd.
      0.02%
      0.02%
    • Guangdong Haid Group Co., Ltd.
      0.01%
      0.01%
  • Human Rights Violations 0.52%

    • Mtn Group Limited
      0.17%
      0.17%
    • Centrais Elétricas Brasileiras SA
      0.16%
      0.16%
    • Li Ning Co Ltd
      0.07%
      0.07%
    • China State Construction Engineering
      0.06%
      0.06%
    • Zte Corp
      0.05%
      0.05%
  • Social Harm 0.77%

  • Fossil Fuels 1.11%

    • Acwa Power
      0.20%
      0.20%
    • Weg SA
      0.20%
      0.20%
    • Centrais Elétricas Brasileiras SA
      0.16%
      0.16%
    • Petron Corp.
      0.08%
      0.08%
    • Gulf Energy Development Public Co. Ltd.
      0.07%
      0.07%
    • Hd Hyundai Co., Ltd.
      0.07%
      0.07%
    • Mytilineos SA
      0.07%
      0.07%
    • Abu Dhabi National Oil Company (Adnoc)
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Saudi Electricity Company (Sec)
      0.05%
      0.05%
    • Haci Ömer Sabanci Holding As
      0.04%
      0.04%
    • Enel
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Enel Chile SA
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Qatar Electricity & Water Co.
      0.03%
      0.03%
    • Lg Corp.
      0.02%
      0.02%
    • Sichuan Chuantou Energy Co., Ltd.
      0.01%
      0.01%
  • Environmental Harm 0.75%

    • 0.18%
    • Harmony Gold Mining Co Ltd
      0.13%
      0.13%
    • Southern Copper Corporation
      0.13%
      0.13%
    • Evergreen Marine Corp
      0.11%
      0.11%
    • Minerva
      0.09%
      0.09%
    • Jbs S.A.
      0.08%
      0.08%
    • Yunnan Baiyao Group Co Ltd
      0.02%
      0.02%

From the Fund Provider

  • About this fund

    About this Fund

    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 $719k NZD
    Period of data report 31st March 2025
    Fund started 11th March 1999
    Total annual fund fees 2.19%
    Total performance based fees 0.0%
    Manager's basic fee 1.87%
    Other management and administration charges 0.32%
    Total other charges 0.0
    Total other charges currency NZD

    Jeff Ruscoe

    Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
    Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

    Mark Ennis

    Currently: Investment Committee, Member (4 years, 8 months)
    Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

    Justin Boyes*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Retail Customer (2 years, 7 months)

    Aaron Klee*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Investment Management and Services (2 years, 7 months)

    Craig Stobo*

    Currently: Investment Committee, Independent Member (1 years, 5 months)
    Previously: Chairman, Financial Markets Authority (0 years, 10 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.07% 10.25%
    2024 15.78% 9.53%
    2023 -4.85% -6.3%
    2022 3.53% -13.4%
    2021 35.55% 32.66%
    2020 -7.06% -9.97%
    2019 10.17% -5.33%
    2018 7.53% 16.35%
    2017 9.49% 13.31%
    2016 4.71% -5.66%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • BNP USD Account

      United States Cash and Equivalents

      16.36%
    • Taiwan Semiconductor Manufacturing Company Ltd

      Taiwan, Province of China International Equities

      10.13%
    • Alibaba Group Holding Ltd

      China International Equities

      3.99%
    • Samsung Electronics Co Ltd

      Korea, Republic of International Equities

      2.82%
    • Xiaomi Corporation

      Cayman Islands International Equities

      1.57%
    • Meituan

      China International Equities

      1.48%
    • China Construction Bank Corp

      China International Equities

      1.28%
    • Pinduoduo Inc

      Cayman Islands International Equities

      1.23%
    • Sk Hynix Inc

      Korea, Republic of International Equities

      1.06%
    • Mediatek Inc

      Taiwan, Province of China International Equities

      0.95%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 4.37%
    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% 95.63%
    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 by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 0.35% Animal Cruelty
  • 0.52% Human Rights Violations
  • 0.77% Social Harm
  • 1.11% Fossil Fuels
  • 0.0% Weapons
  • 0.75% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Jbs S.A.
      0.08%
      0.08%
    • Kimberly-Clark Corp.
      0.04%
      0.04%
    • Petronas Chemicals Group Bhd.
      0.04%
      0.04%
    • Amorepacific
      0.03%
      0.03%
    • Lg H&H Co., Ltd.
      0.03%
      0.03%
    • Sahara International Petrochemical Co.
      0.03%
      0.03%
    • Hengan International Group Co., Ltd.
      0.02%
      0.02%
    • Skc Co
      0.02%
      0.02%
    • Wanhua Chemical Group Co., Ltd.
      0.02%
      0.02%
    • Guangdong Haid Group Co., Ltd.
      0.01%
      0.01%
  • Human Rights Violations

    • Mtn Group Limited
      0.17%
      0.17%
    • Centrais Elétricas Brasileiras SA
      0.16%
      0.16%
    • Li Ning Co Ltd
      0.07%
      0.07%
    • China State Construction Engineering
      0.06%
      0.06%
    • Zte Corp
      0.05%
      0.05%
  • Fossil Fuels

    • Acwa Power
      0.20%
      0.20%
    • Weg SA
      0.20%
      0.20%
    • Centrais Elétricas Brasileiras SA
      0.16%
      0.16%
    • Petron Corp.
      0.08%
      0.08%
    • Gulf Energy Development Public Co. Ltd.
      0.07%
      0.07%
    • Hd Hyundai Co., Ltd.
      0.07%
      0.07%
    • Mytilineos SA
      0.07%
      0.07%
    • Abu Dhabi National Oil Company (Adnoc)
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Saudi Electricity Company (Sec)
      0.05%
      0.05%
    • Haci Ömer Sabanci Holding As
      0.04%
      0.04%
    • Enel
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Enel Chile SA
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Qatar Electricity & Water Co.
      0.03%
      0.03%
    • Lg Corp.
      0.02%
      0.02%
    • Sichuan Chuantou Energy Co., Ltd.
      0.01%
      0.01%
  • Environmental Harm

    • 0.18%
    • Harmony Gold Mining Co Ltd
      0.13%
      0.13%
    • Southern Copper Corporation
      0.13%
      0.13%
    • Evergreen Marine Corp
      0.11%
      0.11%
    • Minerva
      0.09%
      0.09%
    • Jbs S.A.
      0.08%
      0.08%
    • Yunnan Baiyao Group Co Ltd
      0.02%
      0.02%

About this Fund

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 $719k NZD
Period of data report 31st March 2025
Fund started 11th March 1999
Total annual fund fees 2.19%
Total performance based fees 0.0%
Manager's basic fee 1.87%
Other management and administration charges 0.32%
Total other charges 0.0
Total other charges currency NZD

Jeff Ruscoe

Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

Mark Ennis

Currently: Investment Committee, Member (4 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

Justin Boyes*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Retail Customer (2 years, 7 months)

Aaron Klee*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Investment Management and Services (2 years, 7 months)

Craig Stobo*

Currently: Investment Committee, Independent Member (1 years, 5 months)
Previously: Chairman, Financial Markets Authority (0 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 4.07% 10.25%
2024 15.78% 9.53%
2023 -4.85% -6.3%
2022 3.53% -13.4%
2021 35.55% 32.66%
2020 -7.06% -9.97%
2019 10.17% -5.33%
2018 7.53% 16.35%
2017 9.49% 13.31%
2016 4.71% -5.66%

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 31st March 2025.

Top 10 Investments

  • BNP USD Account

    United States Cash and Equivalents

    16.36%
  • Taiwan Semiconductor Manufacturing Company Ltd

    Taiwan, Province of China International Equities

    10.13%
  • Alibaba Group Holding Ltd

    China International Equities

    3.99%
  • Samsung Electronics Co Ltd

    Korea, Republic of International Equities

    2.82%
  • Xiaomi Corporation

    Cayman Islands International Equities

    1.57%
  • Meituan

    China International Equities

    1.48%
  • China Construction Bank Corp

    China International Equities

    1.28%
  • Pinduoduo Inc

    Cayman Islands International Equities

    1.23%
  • Sk Hynix Inc

    Korea, Republic of International Equities

    1.06%
  • Mediatek Inc

    Taiwan, Province of China International Equities

    0.95%
Type Target Actual
Cash and Cash Equivalents 0.0% 4.37%
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% 95.63%
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 by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.