AMP Capital Core Global Shares Fund

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Type: Aggressive fund
Past Returns: 10.66%

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

Annual Fees: 1.22%

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

Advantage Oil & Gas Ltd 0.01%
Anglo American PLC 0.06%
Arcelormittal 0.33%
Arcelormittal-Ny Registered 0.09%
Atmos Energy Corp 0.01%
BHP Group Ltd 0.02%
BHP Group PLC 0.33%
Baytex Energy Corp - Cad 0.04%
Birchcliff Energy Ltd 0.02%
Bollore SA 0.02%
Calumet Specialty Products Partners Lp 0.02%
Centrica PLC 0.03%
Chevron Corp 0.51%
Coca-Cola Co/The 0.14%
Cvr Energy Inc 0.03%
Dcp Midstream Lp 0.04%
Devon Energy Corp 0.18%
Eni Spa 0.19%
Eni Spa-Sponsored Adr 0.19%
Equinor Asa 0.05%
Exxon Mobil Corp 0.12%
First Quantum Minerals Ltd 0.03%
Franco-Nevada Corp 0.06%
Galp Energia Sgps SA 0.10%
Glencore PLC 0.21%
Global Partners Lp/Ma 0.03%
Itochu Corp 0.04%
Kimbell Royalty Partners Lp 0.03%
Lundin Energy Ab 0.18%
Mitsubishi Corp 0.02%
Novatek PJSC 0.01%
Nustar Energy Lp 0.02%
Nuvista Energy Ltd 0.02%
Royal Dutch Shell PLC-A Shs-Ams 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.08%
Royal Dutch Shell PLC-B Shs - EUR 0.02%
Royal Dutch Shell-Spon Adr-A - Ny 0.31%
South32 Ltd 0.02%
Sumitomo Corp 0.01%
Suncor Energy Inc 0.04%
Tamarack Valley Energy Ltd 0.02%
Teck Resources Ltd 0.02%
Teekay Lng Partners Lp 0.01%
Tokyo Gas Co Ltd 0.01%
Total Se 0.03%
Total Se-Spon Adr 0.24%
Tullow Oil PLC 0.01%
Vale SA 0.49%
Valero Energy Corp 0.05%

Weapons

Howmet Aerospace 0.65%
Howmet Aerospace Inc 0.38%
Pae Inc 0.02%
Teledyne Technologies Inc 0.03%

Tobacco

British American Tobacco 1.65%

Gambling

Churchill Downs Inc 0.03%
Draftkings Inc 0.23%

Alcohol

Brown-Forman Corp 0.15%
Constellation Brands Inc 0.04%
Diageo PLC 0.05%
Heineken Nv 0.02%
LVMH Moet Hennessy Louis Vuitton Se 0.02%

GMOs

Corteva Inc 0.02%

Human Rights & Environmental Violations

BHP Group Ltd 0.02%
BHP Group PLC 0.33%
Barrick Gold Corp 0.08%
Chevron Corp 0.51%
Duke Energy Corp 0.03%
Freeport-Mcmoran Inc 0.05%
Glencore PLC 0.21%
Johnson & Johnson 1.16%
Nestle SA 0.72%
Rio Tinto Ltd 0.02%
Rio Tinto PLC 0.48%
Royal Dutch Shell PLC-A Shs-Ams 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.08%
Royal Dutch Shell PLC-B Shs - EUR 0.02%
Royal Dutch Shell-Spon Adr-A - Ny 0.31%
Tokyo Electric Power Co Holdings Inc 0.06%
Vale SA 0.49%

Animal Testing

Air Liquide SA 0.420%
Air Water Inc 0.080%
Akzo Nobel Nv 0.030%
Associated British Foods PLC 0.020%
Beiersdorf AG 0.040%
British American Tobacco 1.650%
Celanese Corp 0.200%
Chevron Corp 0.510%
Church & Dwight Co Inc 0.050%
Clorox Co/The 0.030%
Coca-Cola Co/The 0.140%
Corteva Inc 0.020%
Danone SA 0.030%
Dow Inc 0.140%
Dupont De Nemours Inc 0.120%
Fujifilm Holdings Corp 0.020%
General Mills Inc 0.040%
Glaxosmithkline PLC 0.040%
Hermes International 0.020%
Hp Inc 0.300%
Johnson & Johnson 1.170%
Johnson Matthey PLC 0.010%
Kao Corp 0.020%
Kimberly-Clark Corp 0.040%
L'Oreal SA 0.050%
LVMH Moet Hennessy Louis Vuitton Se 0.020%
Linde PLC 0.020%
Mondelez International Inc 0.310%
Nestle SA 0.720%
Nutrien Ltd 0.040%
Pepsico Inc 0.810%
Procter & Gamble Co/The 1.350%
Reckitt Benckiser Group PLC 0.060%
Royal Dutch Shell PLC-A Shs-Ams 0.020%
Royal Dutch Shell PLC-A Shs-Lon 0.080%
Royal Dutch Shell PLC-B Shs - EUR 0.020%
Royal Dutch Shell-Spon Adr-A - Ny 0.310%
Sekisui Kasei Co Ltd 0.010%
Shin-Etsu Chemical Co Ltd 0.020%
Unilever PLC 0.050%
Xerox Holdings Corp 0.040%
Yara International Asa 0.210%
Yara International-Adr 0.010%

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 36.18% 27.38%
2020 -7.01% -1.35%
2019 9.82% 5.94%
2018 7.69% 8.68%
2017 9.49% 12.23%
2016 4.71% 5.48%
2015 14.67% 19.98%
2014 10.13% 15.64%
2013 13.93% 7.88%
2012 -2.50% -9.82%

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:

  • Orbis Global Equity Le Fund
    Australia International Equities
    24.22%
  • Amazon.Com Inc
    United States International Equities
    2.96%
  • Microsoft Corp
    United States International Equities
    2.72%
  • Procter & Gamble Co
    United States International Equities
    1.35%
  • Alphabet Inc (Class C)
    United States International Equities
    1.23%
  • Facebook Inc
    United States International Equities
    1.22%
  • Unitedhealth Group Inc
    United States International Equities
    1.21%
  • Johnson & Johnson
    United States International Equities
    1.16%
  • Bank Of America Corp
    United States International Equities
    1.0%
  • Astrazeneca PLC
    United Kingdom International Equities
    0.97%

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% 2.67%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.26%
International Equities 100.0% 97.07%
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:
    0.29%
  • Animal Testing:
    9.42%
  • Fossil Fuels:
    4.68%
  • Gambling:
    0.26%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    4.65%
  • Palm Oil:
    0.00%
  • Tobacco:
    1.65%
  • Weapons:
    1.11%

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 invests in shares listed on share markets predominately in developed economies. The portfolio uses multiple managers and is diversified by region manager and investment approaches. Environmental Social and Governance characteristics are integrated into the underlying investment managers’ investment processes.The performance objective is to provide a Gross Return above the return of the MSCI All Country World ex Tobacco Index with net dividends reinvested on a rolling three year basis."

Value $830M NZD
Period of data report Wed March 31st 2021
Fund started Mon Nov. 26th 2007
Total annual fund fees 1.22%
Total performance based fees 0.0%
Manager's basic fee 1.15%
Other management and administration charges 0.07%
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.