AMP Capital Ethical Investment Hedged Global Fixed Interest Fund

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Mindful Fund
Type: Defensive fund
Past Returns: 2.17%

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

Annual Fees: 0.83%

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

Apt Pipelines Ltd - 22/03/2030 0.11%
BP Capital Markets PLC - 03/07/2026 0.11%
BP Capital Markets PLC - 16/02/2027 0.06%
BP Capital Markets PLC - 22/06/2030 0.05%
BP Capital Markets PLC - 22/09/2025 0.05%
Cimarex Energy Co - 15/03/2029 0.02%
Cimarex Energy Co - 15/05/2027 0.07%
Ck Hutchison Finance 16 Ii Ltd - 03/10/2024 0.05%
Concho Resources Inc - 15/08/2048 0.03%
Diamondback Energy Inc - 01/12/2026 0.11%
Edp - Energias De Portugal SA - 20/07/2080 0.03%
Ie2 Holdco Sau - 01/06/2026 0.09%
Lyb International Finance Iii - 01/05/2050 0.02%
Midamerican Energy Co - 15/04/2029 0.25%
Occidental Petroleum Corp - 15/08/2029 0.03%
Phillips 66 - 15/12/2030 0.04%
Santos Finance Ltd - 14/09/2027 0.12%
Shell International Finance Bv - 07/11/2049 0.05%
Sigma Finance Netherlands Bv - 27/03/2028 0.03%
Total Se - 02/12/2022 0.03%
Total Se - 18/05/2022 0.03%
Williams Cos Inc/The - 15/09/2045 0.02%
Wintershall Dea Finance Bv - 25/09/2028 0.12%

Human Rights & Environmental Violations

Shell International Finance Bv - 07/11/2049 0.05%

Animal Testing

Air Products and Chemicals Inc - 15/05/2030 0.060%
Bayer AG - 06/07/2032 0.060%
Dupont De Nemours Inc - 15/11/2038 0.030%
General Mills Inc - 15/04/2030 0.080%
Lyb International Finance Iii - 01/05/2050 0.020%
Mondelez International Inc - 13/04/2030 0.110%
Shell International Finance Bv - 07/11/2049 0.050%
Sherwin-Williams Co/The - 15/05/2030 0.060%
Sherwin-Williams Co/The - 15/05/2050 0.020%
Sherwin-Williams Co/The - 15/08/2029 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 Wed Sept. 30th 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, 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
2021 1.23% 0.72%
2020 0.88% 3.53%
2019 2.43% 2.25%
2018 1.98% 1.53%
2017 1.52% 1.43%
2016 2.91% 2.17%
2015 5.21% 6.95%
2014 1.36% 2.32%
2013 4.22% 4.13%
2012 3.86% 4.66%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • United States Treasury Note Bond Maturing 15 Aug 24
    United States Int Fixed Interest AA+
    2.28%
  • United States Treasury Bill Bond Maturing 22 Apr 21
    United States Int Fixed Interest AA+
    1.74%
  • Mexican Bonos Bond Maturing 03 Jun 27
    Mexico Int Fixed Interest BBB-
    1.58%
  • United States Treasury Note Bond Maturing 29 Feb 28
    United States Int Fixed Interest AA+
    1.42%
  • Japan Treasury Discount Bill Bond Maturing 31 May 21
    Japan Int Fixed Interest A+
    1.37%
  • Japan Treasury Discount Bill Bond Maturing 14 Jun 21
    Japan Int Fixed Interest A+
    1.24%
  • United States Treasury Note Bond Maturing 28 Feb 26
    United States Int Fixed Interest AA+
    1.22%
  • United States Treasury Note Bond Maturing 15 Aug 26
    United States Int Fixed Interest AA+
    1.22%
  • United States Treasury Note Bond Maturing 31 Mar 24
    United States Int Fixed Interest AA+
    1.03%
  • United States Treasury Inflation Bond Maturing 15 Apr 29
    United States Int Fixed Interest AA+
    1.01%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed March 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 0.08%
New Zealand Fixed Interest 0.0% 0.17%
International Fixed Interest 100.0% 99.75%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
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 Wed March 31st 2021.

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:
    0.00%
  • Animal Testing:
    0.51%
  • Fossil Fuels:
    1.52%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.05%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics 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 is a diversified portfolio of international fixed interest securities using a combination of specialist investment managers. The multiple manager approach provides exposure to a range of sectors and securities as well as diversification across investment approaches. The fund is managed to specific ‘responsible investment’ criteria which prohibits investments in certain companies or activities and encourages investment in companies with strong environmental social and governance characteristics. This fund is governed by an ethical charter and has been certified by the Responsible Investment Association of Australasia (RIAA).The performance objective of the fund is to outperform over the medium term the weighted average return of the market indices used to measure performance of the underlying funds/assets in which the fund invests. The fund is hedged back to NZD. AMP Capital is one of New Zealand’s largest investment managers. Our experience and leadership across global asset classes not only provides insights into ever-changing markets, but also means we are at the forefront of developing contemporary investment solutions for New Zealand clients."

Value $110M NZD
Period of data report Wed March 31st 2021
Fund started Tue Dec. 13th 1994
Total annual fund fees 0.83%
Total performance based fees 0.0%
Manager's basic fee 0.7%
Administration charges 0.13%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Rebekah Swan

Currently: Managing Director and Head of Client Services AMP Capital Investors (New Zealand) Limited (0 years, 5 months)
Previously: ESG Investment Specialist NZ and Head of Product AMP Capital Investors (New Zealand) Limited (1 years, 8 months)

Daniel Mead

Currently: Investment Research Manager AMP Capital Investors (New Zealand) Limited (9 years, 5 months)
Previously: Investment Manager AXA Global Investors (1 years, 1 months)

Greg Fleming

Currently: Head of Investment Strategy AMP Capital Investors (New Zealand) Limited (4 years, 7 months)
Previously: Research Strategist Wealth Management First New Zealand Capital Securities Limited (1 years, 3 months)

Vicky Hyde-Smith

Currently: Head of Fixed Income AMP Capital Investors (New Zealand) Limited (4 years, 1 months)
Previously: Co-Head of Fixed Income AMP Capital Investors (New Zealand) Limited (0 years, 10 months)

Grant Hassell

Currently: Global Head of Fixed Income AMP Capital Investors Limited (2 years, 4 months)
Previously: Managing Director AMP Capital Investors (New Zealand) Limited (3 years, 8 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.