Macquarie Global Shares Fund

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Fund type: Aggressive fund

Past Returns: 10.80%

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

Annual Fees: 1.28%

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

Anglo American PLC 0.32%
Arcelormittal 0.14%
Arcelormittal-Ny Registered 0.16%
Astra International Tbk Pt 0.03%
Atmos Energy Corp 0.26%
BHP Group Ltd 0.09%
BHP Group Ltd-Spon Adr 0.23%
Canadian Natural Resources Ltd - Cad 0.03%
Canadian Natural Resources Ltd - US 0.32%
Cenovus Energy Inc 0.01%
Cheniere Energy Inc 0.02%
Chevron Corp 0.15%
China Petroleum & Chemical Corp 0.13%
Citic Ltd 0.07%
Conocophillips 0.06%
Devon Energy Corp 0.48%
Diamondback Energy Inc 0.01%
Dominion Energy Inc 0.03%
Enbridge Inc 0.55%
Eneos Holdings Inc 0.06%
Engie SA 0.01%
Eni Spa 0.28%
Eni Spa-Sponsored Adr 0.53%
Eog Resources Inc 0.03%
Equinor Asa 0.02%
Exxon Mobil Corp 1.24%
Franco-Nevada Corp 0.01%
Gail India Ltd 0.01%
Glencore PLC 0.60%
Hess Corp 0.01%
Indian Oil Corp Ltd 0.01%
Itochu Corp 0.02%
Kinder Morgan Inc 0.02%
Lg Corp 0.04%
Lukoil PJSC 0.12%
Lyondellbasell Industries Nv 0.01%
Marathon Petroleum Corp 0.03%
Mitsubishi Corp 0.02%
Mitsui & Co Ltd 0.02%
Mitsui & Co Ltd-Spons Adr 0.06%
Mol Hungarian Oil & Gas PLC 0.02%
Naphtha Israel Petroleum Corp Ltd 0.03%
Nippon Steel Corp 0.07%
Occidental Petroleum Corp 0.89%
Oneok Inc 0.01%
Petrobras - Petroleo Bras-Pr 0.49%
Petrochina Co Ltd 0.04%
Phillips 66 0.02%
Pioneer Natural Resources Co 0.03%
Polski Koncern Naftowy Orlen SA 0.01%
Posco Holdings Inc 0.07%
Public Service Enterprise Group Inc 0.02%
Reliance Industries Ltd 0.21%
Sasol Ltd 0.02%
Shell PLC - EUR 0.18%
Shell PLC - Gbp 0.72%
South32 Ltd-Lon 0.01%
Suncor Energy Inc 0.02%
Tc Energy Corp 0.03%
Teck Resources Ltd 0.01%
Vale SA 0.47%
Valero Energy Corp 0.02%
Vedanta Ltd 0.02%
Williams Cos Inc/The 0.02%

Weapons

Airbus Group 0.01%
Amphenol Corp 0.02%
Bharat Electronics Ltd 0.03%
Teledyne Technologies Inc 0.01%
Transdigm Group Inc 0.02%

Tobacco

Alimentation Couche-Tard Inc 0.02%

Gambling

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/Nv 0.21%
Brown-Forman Corp 0.01%
Constellation Brands Inc 0.10%
Diageo PLC 0.06%
Heineken Nv 0.17%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton Se 0.09%
Pernod Ricard SA 0.02%
Tsingtao Brewery Co Ltd 0.04%

Palm Oil

Astra International Tbk Pt 0.03%

GMOs

Corteva Inc 0.02%

Human Rights & Environmental Violations

Activision Blizzard Inc 0.03%
Astra International Tbk Pt 0.03%
BHP Group Ltd 0.09%
BHP Group Ltd-Spon Adr 0.23%
Barrick Gold Corp-Tse 0.02%
Bayer AG 0.03%
Chevron Corp 0.15%
China Petroleum & Chemical Corp 0.13%
Credit Suisse Group AG 0.01%
Duke Energy Corp 0.04%
Evergreen Marine Corp Taiwan Ltd 0.02%
Freeport-Mcmoran Inc 0.04%
Glencore PLC 0.60%
Grupo Mexico Sab De Cv 0.10%
Johnson & Johnson 1.60%
Li Ning Co Ltd 0.03%
Mizrahi Tefahot Bank Ltd 0.18%
Motorola Solutions Inc 0.02%
Mtn Group Ltd 0.02%
Nestle SA 0.17%
Page Industries Ltd 0.01%
Petrochina Co Ltd 0.04%
Petroleo Brasileiro SA 0.05%
Petroleo Brasileiro-Spon Adr 0.31%
Pg&E Corp 0.01%
Posco Holdings Inc 0.07%
Rio Tinto Ltd 0.01%
Rio Tinto PLC 0.62%
Shell PLC - EUR 0.18%
Shell PLC - Gbp 0.72%
Uber Technologies Inc 0.03%
Vale SA 0.47%
Vedanta Ltd 0.02%
Zijin Mining Group Co Ltd 0.07%

Animal Testing

Air Liquide SA 0.04%
Albemarle Corp 0.01%
Archer-Daniels-Midland Co 0.02%
Basf Se 0.02%
Bayer AG 0.03%
Chevron Corp 0.15%
China Feihe Ltd 0.01%
Church & Dwight Co Inc 0.01%
Coca-Cola Co/The 0.39%
Corteva Inc 0.02%
Danone SA 0.02%
Dow Inc 0.02%
Dupont De Nemours Inc 0.02%
Ecolab Inc 0.02%
Estee Lauder Cos Inc/The 0.03%
Foosung Co Ltd 0.01%
Fujifilm Holdings Corp 0.01%
General Mills Inc 0.02%
Givaudan SA 0.02%
Glaxosmithkline PLC 0.05%
Guangzhou Tinci Materials Technology Co Ltd 0.01%
Hermes International 0.02%
Hp Inc 0.06%
International Flavors & Fragrances Inc 0.01%
Johnson & Johnson 1.60%
Keurig Dr Pepper Inc 0.14%
Kimberly-Clark Corp 0.02%
Kimberly-Clark De Mexico Sab De Cv 0.02%
Koninklijke Dsm Nv 0.02%
Kraft Heinz Co/The 0.01%
L'Oreal SA 0.05%
LVMH 0.03%
LVMH Moet Hennessy Louis Vuitton Se 0.09%
Lair Liquide Societe Anonyme Pour 0.01%
Linde PLC 0.08%
Loreal SA 0.01%
Lyondellbasell Industries Nv 0.01%
Mondelez International Inc 0.31%
Mosaic Co/The 0.05%
Nestle SA 0.17%
Nutrien Ltd-Ny 0.14%
Nutrien Ltd-Tse 0.03%
PPG Industries Inc 0.01%
Pepsico Inc 0.11%
Petronas Chemicals Group Bhd 0.02%
Procter & Gamble Co/The 0.99%
Reckitt Benckiser Group PLC 0.02%
Reliance Industries Ltd 0.21%
Sasol Ltd 0.02%
Shell PLC - EUR 0.18%
Shell PLC - Gbp 0.72%
Sherwin-Williams Co/The 0.03%
Shin-Etsu Chemical Co Ltd 0.02%
Sociedad Quimica Y Minera De Chile SA 0.02%
Sumitomo Chemical Co-Uns Adr 0.05%
Tesco PLC 0.14%
Unilever PLC - EUR 0.16%
Yara International Asa 0.35%
Yara International-Adr 0.05%

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% 4.41%
2021 36.07% 36.54%
2020 -7.33% -8.55%
2019 10.16% 3.83%
2018 7.53% 10.93%
2017 9.49% 14.36%
2016 4.71% -0.33%
2015 14.67% 16.52%
2014 10.13% 16.06%
2013 13.93% 10.69%

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:

  • Orbis Global Equity Le Fund
    Australia International Equities
    17.33%
  • Future Directions Emerging Markets Share Fund
    Australia International Equities
    11.21%
  • Microsoft Corp
    United States International Equities
    2.88%
  • Apple Inc
    United States International Equities
    1.89%
  • Johnson & Johnson
    United States International Equities
    1.6%
  • Alphabet Inc (Class A)
    United States International Equities
    1.57%
  • Unitedhealth Group Inc
    United States International Equities
    1.43%
  • Walmart Inc
    United States International Equities
    1.27%
  • Exxon Mobil Corp
    United States International Equities
    1.24%
  • Procter & Gamble Co/The
    United States International Equities
    0.99%

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% 2.3%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 1.09%
International Equities 100.0% 96.61%
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:
    0.03%
  • Alcohol:
    0.83%
  • Animal Testing:
    7.28%
  • Fossil Fuels:
    9.93%
  • Gambling:
    0.09%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    6.20%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.02%
  • Weapons:
    0.16%

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 invests in international shares listed on share markets around the world by using investment managers from around the world which are combined in a multi-manager fund. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes where applicable."

Value $32M NZD
Period of data report Thu March 31st 2022
Fund started Tue Dec. 13th 1994
Total annual fund fees 1.28%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Other management and administration charges 0.28%
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.

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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.