Macquarie Global Multi-Asset Fund

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Fund type: Balanced fund

Past Returns: 3.13%

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

Annual Fees: 1.29%

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

Ampol Ltd Mtn Regs 0.03%
Ampol Ltd Regs 0.13%
Apa Group Units 0.01%
Apt Pipelines Ltd Regs 0.22%
BHP Group Ltd 0.77%
Beach Energy Ltd 0.01%
Cenovus Energy Inc 0.01%
Cheniere Energy Partners Lp 0.02%
Conocophillips 0.04%
Cooper Energy Ltd 0.02%
Coronado Global Resources Cdi Inc 0.01%
Ecopetrol Adr Representing SA 0.02%
Empresas Copec SA 0.01%
Eqt Corp 0.01%
Equinor 0.08%
Frontlinere 2018-1 Class A 144A 0.01%
Gc Treasury Center Co Ltd Regs 0.01%
Karoon Energy Ltd 0.02%
Lundin Energy 0.01%
Mitsubishi Corp 0.04%
Occidental Petroleum Corporation 0.02%
Origin Energy Finance Ltd Mtn 0.10%
Origin Energy Ltd 0.14%
Pertamina Persero Pt Mtn Regs 0.01%
Pertamina Persero Pt Regs 0.02%
Reliance Industries Ltd Regs 0.04%
Santos Finance Ltd. Mtn Regs 0.16%
Santos Ltd 0.20%
Shell PLC 0.08%
South32 Ltd 0.27%
Vedanta Resources PLC Regs 0.02%
Woodside Petroleum Ltd 0.15%

Weapons

Airbus 0.01%
Amphenol Corporation 0.02%
L3Harris Technologies Inc 0.01%

Tobacco

Gambling

Aristocrat Leisure Ltd 0.05%
Caesars Entertainment Inc 144A 0.01%
Churchill Downs Inc 0.01%
Crown Resorts Ltd 0.04%
Jumbo Interactive Ltd 0.01%
Las Vegas Sands Corp 0.02%
Mgm Growth Properties Operating Pa 0.01%
Sands China Ltd 0.01%
Tabcorp Holdings Ltd 0.01%
Vici Properties Lp 144A 0.01%

Adult Entertainment/Pornography

Caesars Entertainment Inc 144A 0.01%

Alcohol

Ambev Adr Representing One SA 0.06%
Anheuser-Busch Inbev Worldwide Inc 0.03%
Diageo PLC 0.03%
Endeavour Group Ltd 0.05%
LVMH 0.01%
Metcash Ltd 0.09%
United Malt Group Ltd 0.02%

Palm Oil

Human Rights & Environmental Violations

BHP Group Ltd 0.77%
Electranet Pty Ltd Mtn 0.03%
Grupo Mexico B 0.07%
Johnson & Johnson 0.07%
Nestle SA 0.07%
Petroleo Brasileiro Adr Reptg Pre 0.12%
Petroleo Brasileiro Adr Reptg SA 0.10%
Rio Tinto Ltd 0.35%
Shell PLC 0.08%
Southern Copper Corp 0.02%
Vale Adr Representing One SA 0.29%
Vedanta Resources PLC Regs 0.02%

Animal Testing

Coca-Cola 0.01%
Fmc Corp 0.01%
Glaxosmithkline PLC 0.05%
Johnson & Johnson 0.07%
LVMH 0.01%
Linde PLC 0.03%
Nestle SA 0.07%
Pepsico Inc 0.05%
Procter & Gamble 0.04%
Reckitt Benckiser Group PLC 0.02%
Reliance Industries Ltd Regs 0.04%
Shell PLC 0.08%
Sherwin Williams 0.01%
Sociedad Quimica Y Minera De Chile 0.04%
Unilever PLC 0.01%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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
2022 0.34% 1.01%
2021 17.46% 13.52%
2020 -1.59% -5.14%
2019 4.47% -0.42%
2018 4.41% 2.51%
2017 5.71% 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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

  • AMP Capital Multi-Asset Fund
    Australia Other
    49.29%
  • Schroder Real Return Fund - I Class
    Australia Other
    49.18%
  • Toyota Finance New Zealand Ltd - Maturing 30 May 22
    New Zealand NZ Fixed Interest A+
    0.04%
  • Westpac New Zealand Ltd - Maturing 13 May 22
    New Zealand NZ Fixed Interest A
    0.03%
  • Westpac New Zealand Ltd - Maturing 23 May 22
    New Zealand NZ Fixed Interest A
    0.03%
  • Westpac New Zealand Ltd - Maturing 27 Jun 22
    New Zealand NZ Fixed Interest A
    0.03%
  • Westpac New Zealand Ltd - Maturing 17 Aug 22
    New Zealand Cash and Equivalents A
    0.03%
  • Dunedin City Treasury Ltd - Maturing 15 Oct 22
    New Zealand Cash and Equivalents AA
    0.03%
  • Southland Building Society - Note Maturing 12 May 22
    New Zealand Cash and Equivalents BBB+
    0.02%
  • Kiwibank Ltd - Note Maturing 08 Sep 22
    New Zealand Cash and Equivalents AA-
    0.02%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 5.0% 18.27%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 35.73%
Australasian Equities 0.0% 10.4%
International Equities 0.0% 19.69%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 95.0% 15.91%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

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:
    0.08%
  • Alcohol:
    0.32%
  • Animal Testing:
    0.79%
  • Fossil Fuels:
    3.49%
  • Gambling:
    0.37%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    2.21%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.02%
  • Weapons:
    0.10%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 2022 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 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."

Value $50M NZD
Period of data report Thu March 31st 2022
Fund started Wed Dec. 11th 2013
Total annual fund fees 1.29%
Total performance based fees 0.0%
Manager's basic fee 1.15%
Other management and administration charges 0.14%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Rebekah Swan

Currently: Head of New Zealand Public Investments, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Managing Director and Head of Client Services, AMP Capital Investors (New Zealand) Limited (1 years, 5 months)

Vicky Hyde-Smith

Currently: Associate Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Head of Fixed Income, AMP Capital Investors (New Zealand) Limited (5 years, 1 months)

Grant Hassell

Currently: Division Director, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Global Head of Fixed Income, AMP Capital Investors Limited (3 years, 4 months)

Michael Gray

Currently: Head of Investment Strategy (NZ), Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Head of Investments NZ, AMP Capital Investors (New Zealand) Limited (1 years, 0 months)

Supriya Edwards

Currently: Investment Specialist, Macquarie Asset Management (NZ) Limited (0 years, 1 months)
Previously: Fixed Income Analyst, AMP Capital Investors (New Zealand) Limited (1 years, 7 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

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.