Macquarie All Country Global Shares Index Fund

Find a Mindful Ethical fund »

Not Mindful

Fund type: Aggressive fund

Past Returns: 12.63%

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

Annual Fees: 0.45%

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

Adani Enterprises Ltd 0.02%
Alleghany Corp 0.03%
Ampol Ltd 0.01%
Anglo American PLC 0.10%
Apa Group 0.01%
Arcelormittal SA 0.03%
Astra International Tbk Pt 0.02%
Atmos Energy Corp 0.02%
BHP Group Ltd 0.28%
Bharat Petroleum Corp Ltd 0.01%
Canadian Natural Resources Ltd 0.10%
Cenovus Energy Inc 0.04%
Cheniere Energy Inc 0.05%
Chevron Corp 0.47%
China Petroleum & Chemical Corp 0.03%
China Shenhua Energy Co Ltd 0.03%
Citic Ltd 0.02%
Conocophillips 0.20%
Cosan SA 0.01%
Devon Energy Corp 0.06%
Diamondback Energy Inc 0.03%
Dominion Energy Inc 0.11%
Ecopetrol SA 0.01%
Enbridge Inc 0.14%
Eneos Holdings Inc 0.02%
Engie SA 0.04%
Eni Spa 0.05%
Eog Resources Inc 0.10%
Equinor Asa 0.06%
Exxon Mobil Corp 0.53%
Formosa Petrochemical Corp 0.01%
Franco-Nevada Corp 0.05%
Galp Energia Sgps SA 0.01%
Glencore PLC 0.09%
Hess Corp 0.04%
Hong Kong & China Gas Co Ltd 0.02%
Imperial Oil Ltd 0.02%
Inpex Corp 0.01%
Itochu Corp 0.06%
Jardine Matheson Holdings Ltd 0.01%
Kinder Morgan Inc 0.06%
Lg Corp 0.01%
Loews Corp 0.02%
Lundin Energy Ab 0.02%
Lyondellbasell Industries Nv 0.04%
Marathon Petroleum Corp 0.08%
Marubeni Corp 0.03%
Mitsubishi Corp 0.06%
Mitsui & Co Ltd 0.06%
Mitsui Osk Lines Ltd Temp 0.01%
Nippon Steel Corp 0.02%
Nippon Yusen Kk 0.02%
OMV AG 0.01%
Occidental Petroleum Corp 0.08%
Oneok Inc 0.05%
Origin Energy Ltd 0.01%
Pembina Pipeline Corp 0.03%
Petrochina Co Ltd 0.03%
Phillips 66 0.06%
Pioneer Natural Resources Co 0.09%
Polski Koncern Naftowy Orlen SA 0.01%
Posco Holdings Inc 0.05%
Ptt Exploration & Production Pcl 0.02%
Ptt Pcl 0.03%
Public Service Enterprise Group Inc 0.05%
Reliance Industries Ltd 0.24%
Repsol SA 0.03%
Santos Ltd 0.03%
Sasol Ltd 0.03%
Saudi Arabian Oil Co 0.03%
Shell PLC 0.32%
Sk Innovation Co Ltd 0.02%
Snam Spa 0.02%
South32 Ltd-Lon 0.03%
Sumitomo Corp 0.03%
Suncor Energy Inc 0.07%
Tc Energy Corp 0.09%
Teck Resources Ltd 0.03%
Tourmaline Oil Corp 0.02%
Ugi Corp 0.01%
Vale SA 0.20%
Valero Energy Corp 0.06%
Vedanta Ltd 0.01%
Williams Cos Inc/The 0.06%
Woodside Petroleum Ltd 0.03%

Weapons

Amphenol Corp 0.07%
Ayala Corp 0.01%
Canadian Tire Corp Ltd 0.01%
Exor Nv 0.01%
Heico Corp 0.01%
Heico Corp-Class A 0.02%
Howmet Aerospace Inc 0.02%
Larsen & Toubro Ltd 0.04%
Mitsubishi Heavy Industries Ltd 0.02%
Onex Corp 0.01%
Tata Power Co 0.01%
Teledyne Technologies Inc 0.03%
Transdigm Group Inc 0.05%

Tobacco

Alimentation Couche-Tard Inc 0.05%

Gambling

Aristocrat Leisure Ltd 0.02%
Caesars Entertainment Inc 0.02%
Draftkings Inc 0.01%
Evolution Gaming Group 0.03%
Flutter Entertainment PLC 0.03%
Galaxy Entertainment Group Ltd 0.02%
La Francaise Des Jeux Saem 0.01%
Las Vegas Sands Corp 0.02%
Mgm Resorts International 0.03%
Tabcorp Holdings Ltd 0.02%
Vici Properties Inc 0.03%
Wynn Resorts Ltd 0.01%

Adult Entertainment/Pornography

Caesars Entertainment Inc 0.02%
Live Nation Entertainment Inc 0.03%
Mgm Resorts International 0.03%

Alcohol

Ambev SA 0.04%
Anheuser-Busch Inbev SA/Nv 0.08%
Asahi Group Holdings Ltd 0.02%
Brown-Forman Corp 0.03%
Carlsberg As 0.02%
China Resources Beer Holdings Co Ltd 0.02%
Constellation Brands Inc 0.06%
Diageo PLC 0.18%
Heineken Holding Nv 0.01%
Heineken Nv 0.03%
Kirin Holdings Co Ltd 0.02%
Kweichow Moutai Co Ltd 0.05%
LVMH Moet Hennessy Louis Vuitton Se 0.29%
Molson Coors Beverage Co 0.02%
Pernod Ricard SA 0.06%
Remy Cointreau SA 0.02%
Tsingtao Brewery Co Ltd 0.01%
Wuliangye Yibin Co Ltd 0.02%

Palm Oil

Astra International Tbk Pt 0.02%
Wilmar International Ltd 0.02%

GMOs

Corteva Inc 0.06%

Human Rights & Environmental Violations

Activision Blizzard Inc 0.09%
Adani Enterprises Ltd 0.02%
Adani Ports & Special Economic Zone Ltd 0.01%
Astra International Tbk Pt 0.02%
BHP Group Ltd 0.28%
Bank Hapoalim Bm 0.02%
Bank Leumi Le-Israel Bm 0.02%
Barrick Gold Corp-Tse 0.06%
Bayer AG 0.10%
Chevron Corp 0.47%
China Petroleum & Chemical Corp 0.03%
Credit Suisse Group AG 0.03%
Duke Energy Corp 0.13%
Evergreen Marine Corp Taiwan Ltd 0.03%
Formosa Chemicals & Fibre Corp 0.02%
Freeport-Mcmoran Inc 0.12%
Glencore PLC 0.09%
Grupo Mexico Sab De Cv 0.03%
Jbs SA 0.01%
Johnson & Johnson 0.70%
Li Ning Co Ltd 0.05%
Mizrahi Tefahot Bank Ltd 0.01%
Motorola Solutions Inc 0.06%
Mtn Group Ltd 0.05%
Nestle SA 0.54%
Pan American Silver Corp 0.01%
Petrochina Co Ltd 0.03%
Petroleo Brasileiro SA 0.15%
Pg&E Corp 0.03%
Posco Holdings Inc 0.05%
Rio Tinto Ltd 0.05%
Rio Tinto PLC 0.13%
Shell PLC 0.32%
Southern Copper Corp 0.02%
Teva Pharmaceutical Industries Ltd 0.01%
Uber Technologies Inc 0.08%
Vale SA 0.20%
Vedanta Ltd 0.01%
Wilmar International Ltd 0.02%
Zijin Mining Group Co Ltd 0.02%

Animal Testing

Air Liquide SA 0.12%
Akzo Nobel Nv 0.02%
Albemarle Corp 0.04%
Amorepacific Corp 0.01%
Archer-Daniels-Midland Co 0.08%
Arkema SA 0.01%
Asahi Group Holdings Ltd 0.02%
Avantor Inc 0.03%
Basf Se 0.08%
Bayer AG 0.10%
Beiersdorf AG 0.02%
Burberry Group PLC 0.02%
Celanese Corp 0.02%
Chevron Corp 0.47%
Church & Dwight Co Inc 0.03%
Clorox Co/The 0.02%
Coca-Cola Co/The 0.38%
Corteva Inc 0.06%
Covestro AG 0.01%
Croda International PLC 0.02%
Danone SA 0.06%
Dow Inc 0.08%
Dupont De Nemours Inc 0.06%
Eastman Chemical Co 0.02%
Ecolab Inc 0.07%
Ems-Chemie Holding AG 0.01%
Entegris Inc 0.03%
Estee Lauder Cos Inc/The 0.09%
Evonik Industries AG 0.01%
Fmc Corp 0.02%
Formosa Chemicals & Fibre Corp 0.02%
Formosa Plastics Corp 0.03%
Fujifilm Holdings Corp 0.03%
General Mills Inc 0.06%
Givaudan SA 0.06%
Glaxosmithkline PLC 0.16%
Henkel AG & Co Kgaa 0.01%
Henkel AG & Co Kgaa Vorzug 0.02%
Hermes International 0.06%
Hindustan Unilever Ltd 0.05%
Hp Inc 0.07%
Icl Group Ltd 0.01%
Ingersoll Rand Inc 0.03%
International Flavors & Fragrances Inc 0.05%
J Sainsbury PLC 0.01%
Johnson & Johnson 0.70%
Kao Corp 0.03%
Kellogg Co 0.03%
Kerry Group PLC 0.03%
Keurig Dr Pepper Inc 0.04%
Kikkoman Corp 0.01%
Kimberly-Clark Corp 0.06%
Kirin Holdings Co Ltd 0.02%
Koninklijke Dsm Nv 0.05%
Kraft Heinz Co/The 0.04%
L'Oreal SA 0.15%
LVMH Moet Hennessy Louis Vuitton Se 0.29%
Lg Household & Health Care Ltd 0.02%
Linde PLC 0.24%
Lyondellbasell Industries Nv 0.04%
Marubeni Corp 0.03%
Mondelez International Inc 0.13%
Mosaic Co/The 0.04%
Nan Ya Plastics Corp 0.04%
Nestle India Ltd 0.02%
Nestle SA 0.54%
Nissan Chemical Corp 0.01%
Novozymes A/S 0.02%
Nutrien Ltd 0.08%
PPG Industries Inc 0.05%
Pepsico Inc 0.35%
Petronas Chemicals Group Bhd 0.01%
Procter & Gamble Co/The 0.55%
Puma Se 0.02%
Reckitt Benckiser Group PLC 0.08%
Reliance Industries Ltd 0.24%
Ricoh Co Ltd 0.01%
Rpm International Inc 0.01%
Sasol Ltd 0.03%
Shell PLC 0.32%
Sherwin-Williams Co/The 0.09%
Shin-Etsu Chemical Co Ltd 0.08%
Shiseido Co Ltd 0.03%
Sk Innovation Co Ltd 0.02%
Sociedad Quimica Y Minera De Chile SA 0.02%
Solvay SA 0.01%
Svenska Cellulosa Ab Sca 0.02%
Symrise AG 0.02%
Tesco PLC 0.04%
Umicore SA 0.01%
Unicharm Corp 0.02%
Unilever PLC - EUR 0.16%
Unilever PLC - Gbp 0.01%
Upl Ltd 0.01%
Yara International Asa 0.02%

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% 6.59%
2021 36.07% 37.32%
2020 -7.33% -6.01%
2019 10.16% 5.43%

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:

  • AMP Emerging Markets Index Fund
    Australia International Equities
    10.53%
  • Apple Inc
    United States International Equities
    4.3%
  • Microsoft Corp
    United States International Equities
    3.3%
  • Amazon.Com Inc
    United States International Equities
    2.24%
  • Tesla Inc
    United States International Equities
    1.37%
  • Alphabet Inc (Class A)
    United States International Equities
    1.26%
  • Alphabet Inc (Class C)
    United States International Equities
    1.2%
  • Nvidia Corp
    United States International Equities
    1.02%
  • Meta Platforms Inc
    United States International Equities
    0.8%
  • Unitedhealth Group Inc
    United States International Equities
    0.72%

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% 0.0%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 1.99%
International Equities 100.0% 98.01%
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:
    0.08%
  • Alcohol:
    1.06%
  • Animal Testing:
    7.85%
  • Fossil Fuels:
    5.58%
  • Gambling:
    0.29%
  • GMOs:
    0.06%
  • Human Rights & Environmental Violations:
    4.19%
  • Palm Oil:
    0.08%
  • Tobacco:
    0.06%
  • Weapons:
    0.36%

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

"The fund is a passively managed international shares portfolio that is designed to track the return of the MSCI All Country World ex Tobacco Index. The fund targets a position of being 69% gross hedged to the New Zealand dollar. The hedges are based on the currency components of the underlying index."

Value $88M NZD
Period of data report Thu March 31st 2022
Fund started Mon Nov. 27th 2017
Total annual fund fees 0.45%
Total performance based fees 0.0%
Manager's basic fee 0.3%
Other management and administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Rebekah Swan

Currently: Head of New Zealand Public Investments, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Managing Director and Head of Client Services, AMP Capital Investors (New Zealand) Limited (1 years, 5 months)

Vicky Hyde-Smith

Currently: Associate Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Head of Fixed Income, AMP Capital Investors (New Zealand) Limited (5 years, 1 months)

Grant Hassell

Currently: Division Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Global Head of Fixed Income, AMP Capital Investors Limited (3 years, 4 months)

Michael Gray

Currently: Head of Investment Strategy (NZ), Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Head of Investments NZ, AMP Capital Investors (New Zealand) Limited (1 years, 0 months)

Supriya Edwards

Currently: Investment Specialist, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Fixed Income Analyst, AMP Capital Investors (New Zealand) Limited (1 years, 7 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.

Latest news

You should be prudent about your investment.

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 Markets Conduct Act 2013 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.