AMP Capital Core Hedged Global Shares Fund

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Not Mindful
Type: Aggressive fund
Past Returns: -0.93%

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

Annual Fees: 1.24%

Annual fees, including any membership and % management 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

Aes Corp/The 0.04%
Agl Energy Ltd 0.02%
Ameren Corp 0.02%
Anglo American PLC 0.03%
Arcelormittal SA 0.01%
Basf Se 0.02%
Beach Energy Ltd 0.01%
BHP Group Ltd 0.02%
BHP Group PLC 0.25%
BHP Group PLC-Adr 0.01%
BP PLC 0.11%
Canadian National Railway Co 0.03%
Centrica PLC 0.02%
Chubu Electric Power Co Inc 0.01%
Citic Securities Co Ltd 0.01%
Clp Holdings Ltd 0.01%
Cms Energy Corp 0.02%
Coca-Cola Co/The 0.22%
Conocophillips 0.14%
Dorchester Minerals Lp 0.03%
Drax Group PLC 0.03%
Dte Energy Co 0.03%
E.On Se 0.02%
Electric Power Development Co 0.02%
Enel Spa 0.62%
Enel Spa - Unspon Adr 0.04%
Engie 0.16%
Engie-Spon Adr 0.09%
Eni Spa 0.01%
Evergy Inc 0.01%
Exxon Mobil Corp 0.05%
First Quantum Minerals Ltd 0.01%
Fortum Oyj 0.03%
Franco-Nevada Corp 0.08%
Glencore PLC 0.01%
Global Partners Lp 0.02%
Iberdrola SA 0.07%
Inpex Corp 0.04%
Itochu Corp 0.05%
Japan Petroleum Exploration Co 0.03%
Lg Corp 0.02%
Loews Corp 0.04%
Lukoil PJSC 0.02%
Lyondellbasell Industries Nv 0.09%
Mitsubishi Corp 0.02%
Nextera Energy Inc 0.04%
OMV AG 0.02%
Orix Corp 0.01%
Orsted A/S 0.04%
Pioneer Natural Resources Co 0.03%
Polskie Gornictwo Naftowe I Ga 0.01%
Rio Tinto Ltd 0.04%
Rio Tinto PLC 0.41%
Royal Dutch Shell PLC-A Shs-Ams 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.03%
Rwe AG 0.03%
South32 Ltd 0.02%
Suncor Energy Inc 0.03%
Teck Resources Ltd 0.01%
Teekay Lng Partners Lp 0.02%
Total Se 0.05%
Transneft PJSC 0.01%
Uniper Se 0.02%
Valero Energy Corp 0.02%
Verbund AG 0.02%
Woodside Petroleum Ltd 0.04%
Xcel Energy Inc 0.04%

Weapons

Amphenol Corp 0.07%
Howmet Aerospace (Was Arconic) 0.48%
Howmet Aerospace Inc 0.04%
Teledyne Technologies Inc 0.10%
Transdigm Group Inc 0.03%

Tobacco

British American Tobacco 1.38%
Seven & I Holdings Co Ltd 0.03%

Gambling

Accel Entertainment Inc 0.02%
Evolution Gaming Group 0.01%
Las Vegas Sands Corp 0.05%

Alcohol

Constellation Brands Inc 0.04%
Diageo PLC 0.06%
Heineken Nv 0.02%
Kirin Holdings Co Ltd 0.03%
LVMH Moet Hennessy Louis Vuitt 0.02%

GMOs

Corteva Inc 0.07%

Human Rights & Environmental Violations

Barrick Gold Corp 0.07%
Barrick Gold Corp-Ny 0.27%
Barrick Gold Corp-Tse 0.05%
BHP Group Ltd 0.02%
BHP Group PLC 0.25%
BHP Group PLC-Adr 0.01%
Centerra Gold Inc 0.01%
Duke Energy Corp 0.04%
Freeport-Mcmoran Inc 0.07%
Glencore PLC 0.01%
Johnson & Johnson 0.94%
Nestle SA 1.33%
Nutrien Ltd-Ny 0.02%
Nutrien Ltd-Tse 0.03%
Rio Tinto Ltd 0.04%
Rio Tinto PLC 0.41%
Royal Dutch Shell PLC-A Shs-Ams 0.02%
Royal Dutch Shell PLC-A Shs-Lon 0.03%
Tokyo Electric Power Co Holdin 0.05%
Zijin Mining Group Co Ltd-H 0.01%

Animal Testing

Air Liquide SA 0.650%
Akzo Nobel Nv 0.020%
Associated British Foods PLC 0.010%
Avi Ltd 0.020%
Basf Se 0.020%
Beiersdorf AG 0.020%
British American Tobacco 1.380%
Celanese Corp 0.050%
Church & Dwight Co Inc 0.050%
Clorox Co/The 0.060%
Coca-Cola Co/The 0.220%
Colgate-Palmolive Co 0.180%
Corteva Inc 0.070%
Coty Inc 0.020%
Danone SA 0.120%
Dupont De Nemours Inc 0.010%
Fujifilm Holdings Corp 0.020%
General Mills Inc 0.100%
Glaxosmithkline PLC 0.080%
Herbalife Nutrition Ltd 0.020%
Hermes International 0.030%
Hp Inc 0.140%
Johnson & Johnson 0.940%
Kao Corp-Otc 0.020%
Kao Corp-Tks 0.030%
Kikkoman Corp 0.080%
Kimberly-Clark Corp 0.160%
Kirin Holdings Co Ltd 0.030%
Koninklijke Dsm Nv 0.070%
Kureha Corp 0.010%
L'Oreal SA 0.100%
Linde PLC 0.020%
LVMH Moet Hennessy Louis Vuitt 0.020%
Lyondellbasell Industries Nv 0.090%
Mitsubishi Gas Chemical Co Inc 0.030%
Mondelez International Inc 0.050%
Mosaic Co/The 0.160%
Nestle SA 1.330%
Nippon Shokubai Co Ltd 0.010%
Novozymes A/S 0.010%
Nutrien Ltd-Ny 0.020%
Nutrien Ltd-Tse 0.030%
Orkla Asa 0.020%
Pepsico Inc 0.150%
Procter & Gamble 0.010%
Procter & Gamble Co/The 1.360%
Ralph Lauren Corp 0.030%
Reckitt Benckiser Group PLC 0.050%
Royal Dutch Shell PLC-A Shs-Ams 0.020%
Royal Dutch Shell PLC-A Shs-Lon 0.030%
Sensient Technologies Corp 0.030%
Seven & I Holdings Co Ltd 0.030%
Shin-Etsu Chem-Unspon Adr 0.020%
Shin-Etsu Chemical Co Ltd 0.050%
Societe Bic SA 0.030%
Unicharm Corp 0.110%
Unilever Nv 0.080%
Unilever PLC 0.090%
Xerox Holdings Corp 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.

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
2020 -7.57% -14.77%
2019 10.01% 2.7%
2018 7.40% 9.27%
2017 9.64% 17.09%
2016 4.71% -2.27%
2015 14.67% 14.12%
2014 10.13% 20.88%
2013 13.93% 13.17%
2012 -2.50% -0.83%
2011 5.97% 8.94%

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 Sept. 30th 2020.

Showing the top 10 investments for this fund:

  • Orbis Global Equity Le Fund
    Australia International Equities
    17.89%
  • Microsoft Corp
    United States International Equities
    3.11%
  • Amazon.Com Inc
    United States International Equities
    2.71%
  • Nvidia Corp
    United States International Equities
    1.8%
  • Procter & Gamble Co
    United States International Equities
    1.36%
  • Nestle SA
    Switzerland International Equities
    1.33%
  • Alibaba Group Holding Ltd
    United States International Equities
    1.24%
  • Ishares Msci South Korea ETF
    Korea, Republic of International Equities
    1.24%
  • Novo Nordisk A/S
    Denmark International Equities
    1.18%
  • Tencent Holdings Ltd
    Hong Kong International Equities
    1.07%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 5.52%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.6%
International Equities 100.0% 93.88%
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 Sept. 30th 2020.

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:
    0.19%
  • Animal Testing:
    8.77%
  • Fossil Fuels:
    3.73%
  • Gambling:
    0.10%
  • GMOs:
    0.07%
  • Human Rights & Environmental Violations:
    3.72%
  • Palm Oil:
    0.00%
  • Tobacco:
    1.42%
  • Weapons:
    0.76%

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 invests in shares listed on share markets predominately in developed economies and is fully hedged to the New Zealand dollar. 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 World ex Tobacco Index with net dividends reinvested (139% gross hedged to the New Zealand dollar) on a rolling three year basis."

Value $530M NZD
Period of data report Wed Sept. 30th 2020
Members Not provided
Fund started Mon Nov. 26th 2007
Total annual fund fees 1.24%
Total performance based fees 0.0%
Manager's basic fee 1.15%
Administration charges 0.09%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Bevan Graham

Currently: NZ Managing Director and Chief Economist AMP Capital Investors (New Zealand) Limited (1 years, 9 months)
Previously: NZ Chief Economist AMP Capital Investors (New Zealand) Limited (7 years, 3 months)

Rebekah Swan

Currently: ESG Investment Specialist NZ and Head of Product AMP Capital Investors (New Zealand) Limited (1 years, 6 months)
Previously: Head of Distribution AMP Capital Investors (New Zealand) Limited (3 years, 6 months)

Daniel Mead

Currently: Investment Research Manager AMP Capital Investors (New Zealand) Limited (8 years, 11 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, 1 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 (3 years, 7 months)
Previously: Co-Head of Fixed Income AMP Capital Investors (New Zealand) Limited (0 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.

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.