AMP Capital Ethical Investment Leaders NZ Shares Fund

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.

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.

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:

• A2 Milk Co Ltd
  New Zealand Australasian Equities
  15.26%
• Fisher & Paykel Healthcare Corp
  New Zealand Australasian Equities
  14.9%
• Mainfreight Ltd
  New Zealand Australasian Equities
  5.92%
• Summerset Group Holdings Ltd
  New Zealand Australasian Equities
  4.53%
• Auckland International Airport
  New Zealand Australasian Equities
  4.48%
• Contact Energy Ltd
  New Zealand Australasian Equities
  4.26%
• Spark New Zealand Ltd
  New Zealand Australasian Equities
  4.25%
• Ebos Group Ltd
  New Zealand Australasian Equities
  3.87%
• Ryman Healthcare Ltd
  New Zealand Australasian Equities
  3.76%
• Meridian Energy Ltd
  New Zealand Australasian Equities
  3.09%

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.

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:
  0.00%
• Fossil Fuels:
  0.00%
• Gambling:
  0.00%
• GMOs:
  0.00%
• Human Rights & Environmental Violations:
  0.00%
• Palm Oil:
  0.00%
• Tobacco:
  0.00%
• Weapons:
  0.00%

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 is a diversified portfolio of predominantly New Zealand shares across a range of industries and sectors. The portfolio may also invest in Australian shares. 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 factors and also actively engages on key thematic engagements each year. 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 provide a Gross Return above the return of the S&P/NZX 50 Index (on a gross basis and including imputation credits) over a rolling three year period. 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."

Key Personnel

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.

• Product Disclosure Statement (PDS) v
• Ethical investment charter v
• Portfolio holdings v