AMP Capital Ethical Investment Leaders NZ Shares Fund

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Mindful Fund
Type: Aggressive fund
Past Returns: 9.30%

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

Annual Fees: 1.0%

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.


This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 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.

A summary of this fund and its details.

Number FND94
Name AMP Capital Ethical Investment Leaders NZ Shares Fund
Risk profile Aggressive fund
Description 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.
Value $34M NZD
Members Not provided
Market index description S&P/NZX 50 Gross Index (including imputation credits)
Period of data report Tue June 30th 2020
Fund started Wed Dec. 12th 2012
Three-year average return 9.30%
Market index past year return 9.85%
Past year return net of charges and tax 13.68%
Past year return net of charges gross of tax 14.24%
Market index return since fund started 16.28%
Return since fund started net 14.42%
Total annual fund fees 1.0%
Total performance based fees 0.0%
Manager's basic fee 0.75%
Administration charges 0.25%
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)

  • 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)

  • 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)

  • 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.

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% -0.52%
2019 10.01% 15.95%
2018 7.40% 12.47%
2017 9.64% 5.83%
2016 4.71% 15.41%
2015 14.67% 16.49%
2014 10.13% 14.41%

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 30 June 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% 3.55%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 96.45%
International Equities 0.0% 0.0%
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 30 June 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 June 30th 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."

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.