AMP Capital Global Multi-Asset Fund

Not Mindful

Type: Balanced fund

Past Returns: -1.02%

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

Annual Fees: 1.27%

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

BHP 0.13%
BHP Group Ltd 0.01%
BP P.L.C. 0.01%
Cheniere Energy Inc 0.01%
Chevron Corporation 0.03%
Dominion Energy Inc 0.01%
Enbridge Inc 0.08%
Enbridge Inc. 0.01%
Exxon Mobil Corporation 0.03%
Gibson Energy Inc 0.05%
Kinder Morgan Inc/De 0.04%
Nextera Energy, Inc. 0.02%
Pembina Pipeline Corp 0.01%
Plains Gp Holdings Lp 0.02%
Reliance Industries Ltd 0.01%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%
Total SA 0.02%
Williams Cos Inc/The 0.07%

Weapons

Boeing Company 0.01%
Honeywell International Inc. 0.02%
Lockheed Martin Corporation 0.02%
Raytheon Technologies Corporation 0.02%

Tobacco

Altria Group Inc 0.01%
British American Tobacco 0.18%
British American Tobacco P.L.C. 0.01%
Philip Morris International Inc. 0.02%

Gambling

Alcohol

Altria Group Inc 0.01%
Diageo PLC 0.01%
LVMH Moet Hennessy Louis Vuitton Se 0.02%

Palm Oil

GMOs

Bayer AG 0.01%
Novartis AG 0.03%

Human Rights & Environmental Violations

BHP 0.13%
BHP Group Ltd 0.01%
Chevron Corporation 0.03%
Duke Energy Corporation 0.01%
Johnson & Johnson 0.07%
Nestle S.A. 0.06%
Rio Tinto PLC 0.01%
Riotinto 0.06%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%
Sempra Energy 0.07%

Animal Testing

Air Liquide SA 0.010%
Altria Group Inc 0.010%
Bayer AG 0.010%
British American Tobacco 0.180%
British American Tobacco P.L.C. 0.010%
Chevron Corporation 0.030%
Coca-Cola Company 0.030%
Colgate-Palmolive Company 0.010%
Glaxosmithkline PLC 0.020%
Honeywell International Inc. 0.020%
Johnson & Johnson 0.070%
L'Oreal SA 0.010%
LVMH Moet Hennessy Louis Vuitton Se 0.020%
Nestle S.A. 0.060%
Pepsico, Inc. 0.030%
Philip Morris International Inc. 0.020%
Procter & Gamble Company 0.050%
Reckitt Benckiser Group PLC 0.010%
Royal Dutch Shell PLC Class A 0.010%
Royal Dutch Shell PLC Class B 0.010%
Unilever Nv 0.010%
Unilever PLC 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 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	-2.86%	-5.14%
2019	4.44%	-0.42%
2018	4.90%	2.51%
2017	5.60%	6.75%
2016	3.06%	-0.11%
2015	8.56%	9.37%

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:

Schroder Real Return Fund
Australia Other

48.29%
Ardea Australian Inflation Linked Bond Fund
Australia Int Fixed Interest

5.01%
Gqg Partners Global Equity Fund
Australia International Equities

4.07%
Ishares Iboxx $ Investment Grade Corporate Bond ETF
United States Int Fixed Interest

3.64%
Vinva Australian Equitised Long-Short Fund
Australia Australasian Equities

3.14%
Tcw Residential Capital Structure Arbitrage Fund
Cayman Islands Other

2.46%
Orbis Global Equity Le Fund
Australia International Equities

2.34%
Ausbil Esg Focus Fund
Australia Australasian Equities

2.06%
Vinva Asia Pacific Equity Long-Short Fund
Australia International Equities

1.54%
Loomis Sayles Senior Floating Rate Fund
Australia Int Fixed Interest

1.4%

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	5.0%	22.92%
New Zealand Fixed Interest	0.0%	0.0%
International Fixed Interest	0.0%	34.52%
Australasian Equities	0.0%	11.73%
International Equities	0.0%	20.14%
Listed Properties	0.0%	0.0%
Unlisted Properties	0.0%	0.0%
Other	95.0%	10.69%
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:

0.10%
Animal Testing:

0.83%
Fossil Fuels:

0.91%
Gambling:

0.02%
GMOs:

0.07%
Human Rights & Environmental Violations:

0.57%
Palm Oil:

0.02%
Tobacco:

0.24%
Weapons:

0.14%

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 is a diversified fund that aims to generate a positive return above inflation and to actively respond to changing market conditions with a flexible approach to investing. The performance objective is to provide a Real Return of greater than 5% per annum over a rolling five year period."

Value	$120M NZD
Period of data report	Tue June 30th 2020
Members	Not provided
Fund started	Wed Dec. 11th 2013
Total annual fund fees	1.27%
Total performance based fees	0.0%
Manager's basic fee	1.15%
Administration charges	0.12%
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.

Portfolio holdings v