AMP Capital Ethical Investment Leaders Global Shares Fund

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Mindful Fund
Type: Aggressive fund
Past Returns: 1.47%

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

Annual Fees: 1.46%

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

Aker BP Asa 0.04%
Anglo American Platinum Ltd 0.09%
BP PLC 0.26%
Engie Brasil SA 0.03%
Lukoil PJSC 0.25%
Mol Hungarian Oil & Gas PLC 0.02%
Royal Dutch Shell PLC 0.27%
Santos Ltd 0.09%
Tatneft PJSC 0.07%
Total SA 0.89%

Weapons

Booz Allen Hamilton Holding Co 0.56%

GMOs

Bayer AG 0.17%
Dupont De Nemours Inc 0.35%
Novartis AG 1.00%
Nutrien Ltd 0.19%

Human Rights & Environmental Violations

Johnson & Johnson 1.03%
Nestle SA 1.26%
Nutrien Ltd 0.19%
Petroleo Brasileiro SA 0.04%
Rio Tinto Ltd 0.06%
Royal Dutch Shell PLC 0.27%

Animal Testing

Associated British Foods PLC 0.050%
Bayer AG 0.170%
Clorox Co/The 0.140%
Coca-Cola Co/The 0.730%
Ecolab Inc 0.710%
Johnson & Johnson 1.030%
Kimberly-Clark Corp 0.370%
Nestle SA 1.260%
Pepsico Inc 1.070%
PPG Industries Inc 0.140%
Procter & Gamble Co/The 1.140%
Royal Dutch Shell PLC 0.270%
Tesco PLC 0.430%
Unilever Nv 0.610%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.

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% -9.05%
2019 10.01% 2.58%
2018 7.40% 10.88%
2017 9.64% 12.12%
2016 4.71% -5.5%
2015 14.67% 15.91%
2014 10.13% 16.01%
2013 13.93% 9.32%
2012 -2.50% -5.58%
2011 5.97% 6.96%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Colonial First State Wholesale Em Fund
    Australia International Equities
    2.8%
  • Microsoft Corp
    United States International Equities
    2.64%
  • Apple Inc
    United States International Equities
    2.09%
  • Visa Inc
    United States International Equities
    2.02%
  • Amazon.Com Inc
    United States International Equities
    1.69%
  • Sony Corp
    Japan International Equities
    1.48%
  • Roche Holding AG
    Switzerland International Equities
    1.35%
  • Alphabet Inc (Class C)
    United States International Equities
    1.2%
  • Hdfc Bank Ltd
    India International Equities
    1.18%
  • Facebook Inc
    United States International Equities
    1.16%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 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% 2.1%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 3.59%
International Equities 100.0% 94.31%
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 Tue June 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:
    0.00%
  • Animal Testing:
    8.11%
  • Fossil Fuels:
    2.03%
  • Gambling:
    0.00%
  • GMOs:
    1.71%
  • Human Rights & Environmental Violations:
    2.85%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.56%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 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 international share markets managed within a sustainable and responsible approach. The fund is managed to specific ‘responsible investment’ criteria which prohibits investments in certain companies or activities and encourages investment in companies with strong environmental social and governance characteristics. This fund is governed by an ethical charter and has been certified by the Responsible Investment Association of Australasia (RIAA). The performance objective is to outperform the MSCI All Country World Index with net dividends reinvested (69% gross hedged to the New Zealand dollar) on a rolling five year basis. AMP Capital is one of New Zealand’s largest investment managers. Our experience and leadership across global asset classes not only provides insights into ever-changing markets, but also means we are at the forefront of developing contemporary investment solutions for New Zealand clients."

Value $76M NZD
Period of data report Tue June 30th 2020
Members Not provided
Fund started Tue Nov. 6th 2007
Total annual fund fees 1.46%
Total performance based fees 0.0%
Manager's basic fee 1.35%
Administration charges 0.11%
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, 6 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, 3 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, 8 months)
Previously: Investment Manager AXA Global Investors (1 years, 1 months)

Greg Fleming

Currently: Head of Investment Strategy AMP Capital Investors (New Zealand) Limited (3 years, 10 months)
Previously: Research Strategist Wealth Management First New Zealand Capital Securities Limited (1 years, 3 months)

Warren Potter

Currently: Senior Portfolio Manager AMP Capital Investors (New Zealand) Limited (6 years, 2 months)
Previously: Fixed Income Portfolio Manager AMP Capital Investors (New Zealand) Limited (8 years, 5 months)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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 Advisers Act 2008 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.