Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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.
Atmos Energy Corp 0.06%
Cheniere Energy Inc 0.03%
Enbridge Inc 0.15%
Gibson Energy Inc 0.09%
Kinder Morgan Inc 0.05%
Pembina Pipeline Corp 0.03%
Plains Gp Holdings Lp 0.07%
Reliance Industries Ltd 0.02%
Tc Energy Corp 0.10%
Vale SA 0.02%
Whitehaven Coal Ltd 0.03%
Williams Cos Inc/The 0.10%
Howmet Aerospace 0.07%
British American Tobacco 0.18%
Vici Properties Inc 0.02%
Human Rights & Environmental Violations
Rio Tinto 0.10%
Sempra Energy 0.13%
Vale SA 0.02%
British American Tobacco 0.180%
Procter & Gamble Co Pg:Nyq 0.100%
Reliance Industries Ltd 0.020%
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|
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:
Schroder Real Return Fund - I Class
Australia Australasian Equities49.3%
Vinva Australian Equitised Long-Short Fund
Australia Australasian Equities3.9%
Fd Credit Opportunities Fund
Australia Int Fixed Interest3.74%
Gqg Partners Global Equity Fund
Australia Australasian Equities3.15%
Tcw Residential Capital Structure Arbitrage Fund
Cayman Islands International Equities2.81%
Ausbil Esg Focus Fund
Australia Australasian Equities2.72%
Orbis Global Equity Le Fund
Australia International Equities2.68%
Gam Systematic Alternative Risk Premia Plus Fund
AMP Capital Alternative Defensive Fund
Real Diversification Fund (8-16 Vol) Class C
Australia Australasian Equities1.89%
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.
|Cash and Cash Equivalents||5.0%||17.19%|
|New Zealand Fixed Interest||0.0%||0.0%|
|International Fixed Interest||0.0%||33.08%|
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 concernDoes this fund say it excludes this?Actual holdings
Human Rights & Environmental Violations:0.53%
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 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."
|Period of data report||Wed March 31st 2021|
|Fund started||Wed Dec. 11th 2013|
|Total annual fund fees||1.35%|
|Total performance based fees||0.0%|
|Manager's basic fee||1.15%|
|Other management and administration charges||0.2%|
|Total other charges||0.0|
|Total other charges currency||NZD|
Currently: Managing Director and Head of Client Services AMP Capital Investors (New Zealand) Limited (0 years, 5 months)
Currently: Investment Research Manager AMP Capital Investors (New Zealand) Limited (9 years, 5 months)
Currently: Head of Investment Strategy AMP Capital Investors (New Zealand) Limited (4 years, 7 months)
Currently: Head of Fixed Income AMP Capital Investors (New Zealand) Limited (4 years, 1 months)
Currently: Global Head of Fixed Income AMP Capital Investors Limited (2 years, 4 months)
Download the fund's disclosure statement and portfolio holdings.