AMP Capital Hedged Global Fixed Interest Index Fund

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Type: Defensive fund
Past Returns: 2.52%

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

Annual Fees: 0.4%

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

Abu Dhabi National Energy Co PJSC - 22/06/2026 0.05%
Anglo American Capital PLC - 18/09/2025 0.03%
BHP Billiton Finance Usa Ltd - 30/09/2043 0.03%
BP Capital Markets America Inc - 04/06/2051 0.02%
BP Capital Markets America Inc - 19/09/2022 0.07%
BP Capital Markets PLC - 26/06/2029 0.03%
Berkshire Hathaway Energy Co - 15/11/2043 0.05%
Canadian Natural Resources Ltd - 01/12/2026 0.05%
Ck Hutchison International 17 Ii Ltd - 29/03/2023 0.04%
Cnac Hk Finbridge Co Ltd - 14/03/2023 0.05%
Cnooc Finance 2014 Ulc - 30/04/2024 0.05%
Coca-Cola Co/The - 01/06/2030 0.02%
Coca-Cola Co/The - 02/09/2036 0.03%
Conocophillips - 01/02/2039 0.03%
Conocophillips - 15/02/2031 0.02%
Diamondback Energy Inc - 24/03/2031 0.02%
Dominion Energy Inc - 01/04/2030 0.06%
Ecopetrol SA - 26/06/2026 0.02%
Enbridge Inc - 27/08/2042 0.03%
Engie SA - 19/09/2033 0.03%
Engie SA - 30/10/2028 0.02%
Eni Spa - 17/01/2027 0.05%
Equinor Asa - 10/09/2025 0.06%
Equinor Asa - 22/05/2030 0.02%
Exxon Mobil Corp - 15/04/2051 0.01%
Exxon Mobil Corp - 16/08/2029 0.04%
Exxon Mobil Corp - 26/06/2032 0.05%
Gazprom PJSC Via Gaz Capital SA - 21/03/2026 0.03%
Gazprom PJSC Via Gaz Finance PLC - 29/06/2027 0.04%
Glencore Funding Llc - 27/10/2022 0.06%
Husky Energy Inc - 10/03/2027 0.04%
Jefferies Group Llc / Jefferies Group Capital Finance Inc - 15/01/2027 0.03%
Kazmunaygas National Co Jsc - 24/04/2030 0.05%
Kinder Morgan Energy Partners Lp - 01/03/2043 0.05%
Korea Gas Corp - 20/07/2027 0.05%
Lyb International Finance Bv - 15/03/2044 0.02%
Lyb International Finance Ii Bv - 02/03/2027 0.02%
Marathon Petroleum Corp - 01/04/2048 0.02%
Mitsubishi Corp - 14/07/2022 0.04%
Mplx Lp - 01/03/2027 0.02%
Mplx Lp - 15/04/2038 0.01%
National Grid Electricity Transmission PLC - 07/07/2032 0.03%
Naturgy Finance Bv - 19/01/2027 0.03%
OMV AG - 19/06/2169 0.05%
Oneok Inc - 13/07/2027 0.04%
Pertamina Persero Pt - 30/07/2029 0.05%
Perusahaan Perseroan Persero Pt Perusahaan Listrik Negara - 15/05/2027 0.05%
Phillips 66 - 15/12/2030 0.03%
Saudi Arabian Oil Co - 16/04/2039 0.05%
Shell International Finance Bv - 10/05/2046 0.04%
Shell International Finance Bv - 11/11/2032 0.03%
Sinopec Group Overseas Development 2017 Ltd - 13/09/2047 0.05%
Snam Spa - 25/10/2026 0.03%
Suncor Energy Inc - 01/12/2024 0.04%
Sunoco Logistics Partners Operations Lp - 01/10/2047 0.04%
Total Capital International SA - 19/11/2021 0.05%
Total Capital International SA - 29/06/2041 0.03%
Total Se - 26/02/2025 0.03%
Vale Overseas Ltd - 10/08/2026 0.04%

Tobacco

Alimentation Couche-Tard Inc - 26/07/2027 0.02%

Alcohol

Anheuser-Busch Cos Llc / Anheuser-Busch Inbev Worldwide Inc - 01/02/2046 0.05%
Anheuser-Busch Inbev SA/Nv - 24/05/2029 0.03%
Anheuser-Busch Inbev Worldwide Inc - 23/01/2029 0.03%
Anheuser-Busch Inbev Worldwide Inc - 23/01/2049 0.03%
Carlsberg Breweries A/S - 30/06/2027 0.03%
Constellation Brands Inc - 15/02/2023 0.03%
Diageo Capital PLC - 24/10/2029 0.04%
Heineken Nv - 30/03/2030 0.03%
LVMH Moet Hennessy Louis Vuitton Se - 26/05/2024 0.04%
Pernod Ricard SA - 24/10/2031 0.03%

Palm Oil

Cargill Inc - 02/02/2026 0.01%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co - 27/03/2030 0.03%
BHP Billiton Finance Usa Ltd - 30/09/2043 0.03%
Cargill Inc - 02/02/2026 0.01%
Duke Energy Corp - 15/08/2022 0.02%
Glencore Funding Llc - 27/10/2022 0.06%
Johnson & Johnson - 03/03/2037 0.02%
Nestle Finance International Ltd - 02/11/2037 0.03%
Nestle Finance International Ltd - 03/12/2025 0.03%
Rio Tinto Finance Usa Ltd - 15/06/2025 0.05%
Sempra Energy - 15/10/2039 0.04%
Shell International Finance Bv - 10/05/2046 0.04%
Shell International Finance Bv - 11/11/2032 0.03%
Vale Overseas Ltd - 10/08/2026 0.04%

Animal Testing

Air Liquide Finance SA - 08/03/2027 0.030%
Archer-Daniels-Midland Co - 27/03/2030 0.030%
Argentum Netherlands Bv For Swiss Re Ltd - 15/08/2052 0.050%
Argentum Netherlands Bv For Zurich Insurance Co Ltd - 01/10/2046 0.030%
Basf Se - 05/06/2027 0.030%
Bayer US Finance Ii Llc - 25/06/2038 0.050%
Cargill Inc - 02/02/2026 0.010%
Cnac Hk Finbridge Co Ltd - 14/03/2023 0.050%
Coca-Cola Co/The - 01/06/2030 0.020%
Coca-Cola Co/The - 02/09/2036 0.030%
Danone SA - 23/06/2023 0.030%
Dow Chemical Co/The - 15/11/2042 0.020%
Dupont De Nemours Inc - 15/11/2028 0.030%
Ecolab Inc - 01/12/2027 0.040%
General Mills Inc - 10/02/2027 0.020%
General Mills Inc - 17/10/2023 0.020%
Glaxosmithkline Capital PLC - 18/12/2045 0.040%
Johnson & Johnson - 03/03/2037 0.020%
Kellogg Co - 01/12/2023 0.040%
Keurig Dr Pepper Inc - 25/05/2028 0.030%
Kimberly-Clark Corp - 01/11/2028 0.010%
Koninklijke Dsm Nv - 23/06/2032 0.030%
LVMH Moet Hennessy Louis Vuitton Se - 26/05/2024 0.040%
Linde Finance Bv - 19/05/2032 0.030%
Lyb International Finance Bv - 15/03/2044 0.020%
Lyb International Finance Ii Bv - 02/03/2027 0.020%
Mondelez International Inc - 13/04/2030 0.030%
Nestle Finance International Ltd - 02/11/2037 0.030%
Nestle Finance International Ltd - 03/12/2025 0.030%
Nutrien Ltd - 01/04/2049 0.010%
Pepsico Inc - 15/10/2027 0.070%
Procter & Gamble Co/The - 25/03/2040 0.020%
Procter & Gamble Co/The - 25/10/2029 0.030%
Reckitt Benckiser Treasury Services PLC - 24/06/2022 0.040%
Shell International Finance Bv - 10/05/2046 0.040%
Shell International Finance Bv - 11/11/2032 0.030%
Sherwin-Williams Co/The - 15/05/2050 0.020%
Syngenta Finance Nv - 24/04/2023 0.050%
Unilever Finance Netherlands Bv - 12/02/2027 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 Wed March 31st 2021 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% 0.58%
2020 0.88% 3.93%
2019 2.43% 3.05%

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:

  • Japan Government Five Year Bond Maturing 20 Sep 22
    Japan Int Fixed Interest A
    0.78%
  • United States Treasury Note Bond Maturing 15 Aug 23
    United States Int Fixed Interest AA+
    0.57%
  • United States Treasury Note Bond Maturing 31 Jul 22
    United States Int Fixed Interest AA+
    0.55%
  • United States Treasury Note Bond Maturing 31 Mar 22
    United States Int Fixed Interest AA+
    0.55%
  • Japan Government Ten Year Bond Maturing 20 Sep 24
    Japan Int Fixed Interest A
    0.5%
  • Japan Government Ten Year Bond Maturing 20 Dec 24
    Japan Int Fixed Interest A
    0.5%
  • Japan Government Ten Year Bond Maturing 20 Sep 27
    Japan Int Fixed Interest A
    0.49%
  • United States Treasury Note Bond Maturing 30 Sep 23
    United States Int Fixed Interest AA+
    0.46%
  • United States Treasury Note Bond Maturing 30 Jun 24
    United States Int Fixed Interest AA+
    0.45%
  • United States Treasury Note Bond Maturing 31 Oct 23
    United States Int Fixed Interest AA+
    0.45%

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% 2.0%
New Zealand Fixed Interest 0.0% 0.17%
International Fixed Interest 100.0% 97.83%
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 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:
    0.34%
  • Animal Testing:
    1.21%
  • Fossil Fuels:
    2.14%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.43%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.02%
  • 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 March 31st 2021 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

"The fund is a passively managed international fixed interest portfolio that is designed to track the return of the Bloomberg Barclays Global Aggregate Index. The fund is fully hedged to New Zealand dollars."

Value $660M NZD
Period of data report Wed March 31st 2021
Fund started Mon Nov. 27th 2017
Total annual fund fees 0.4%
Total performance based fees 0.0%
Manager's basic fee 0.35%
Other management and administration charges 0.05%
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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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.