Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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 Equities15.26% -
Fisher & Paykel Healthcare Corp
New Zealand Australasian Equities14.9% -
Mainfreight Ltd
New Zealand Australasian Equities5.92% -
Summerset Group Holdings Ltd
New Zealand Australasian Equities4.53% -
Auckland International Airport
New Zealand Australasian Equities4.48% -
Contact Energy Ltd
New Zealand Australasian Equities4.26% -
Spark New Zealand Ltd
New Zealand Australasian Equities4.25% -
Ebos Group Ltd
New Zealand Australasian Equities3.87% -
Ryman Healthcare Ltd
New Zealand Australasian Equities3.76% -
Meridian Energy Ltd
New Zealand Australasian Equities3.09%
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.
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Issue of concernDoes 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.
