Funds
Octagon Australian Equities Fund
Issues of concern
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.
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
Human Rights Violations
-
Rio Tinto Ltd 2.56%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
-
Rio Tinto Ltd 2.56%
Environmental Harm
-
BHP Group Ltd 8.37%
Environmental Damage
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
BHP Group Ltd 8.37%
Fossil Fuels
-
BHP Group Ltd 8.37%
Environmental Damage
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Santos Ltd 2.69%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Rio Tinto Ltd 2.56%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
-
Woodside Energy Group Ltd 1.83%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Viva Energy Group Ltd 1.64%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
South32 Ltd 1.52%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Origin Energy Ltd 1.12%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Apa Group 0.74%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Ampol Ltd 0.67%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Karoon Energy Ltd 0.50%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
Agl Energy Ltd 0.41%
Fossil Fuel Power Generation
Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.
-
Beach Energy Ltd 0.26%
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
BHP Group Ltd 8.37%
This data is compiled by Mindful Money from the fund information and portfolios
that each fund has
filed with the Disclose register to 31st March 2024 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.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
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.
About this fund
In their own words
Aims to achieve positive long-term returns by investing mostly in selected Australian shares, and can invest in New Zealand listed shares, where the company has meaningful operations in Australia, which will typically have very high levels of movement up and down in value.
| Value | $91.0M NZD |
| Period of data report | 31st March 2024 |
| Fund started | 26th June 2008 |
| Total annual fund fees | 1.17% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.17% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Paul Robertshawe |
Currently: Chief Investment Officer,
Octagon Asset Management Limited (2 years, 4 months) |
|
Craig Alexander |
Currently: Head of Fixed Interest and ESG,
Octagon Asset Management Limited (2 years, 4 months) |
|
Jason Lindsay |
Currently: Head of Equities,
Octagon Asset Management Limited (2 years, 4 months) |
|
Neil Paviour-Smith |
Currently: Director,
Forsyth Barr Investment Management Limited (16 years, 1 months) |
|
Christine Smith-Han |
Currently: Equity and Strategy Analyst,
Octagon Asset Management Limited (2 years, 4 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2024.
Past Returns
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 |
|---|---|---|
| 2024 | 14.61% | 15.92% |
| 2023 | -4.85% | -0.65% |
| 2022 | 3.53% | 13.81% |
| 2021 | 35.55% | 37.86% |
| 2020 | -7.06% | -17.55% |
| 2019 | 10.17% | 5.51% |
| 2018 | 7.53% | 0.32% |
| 2017 | 9.49% | 16.46% |
| 2016 | 4.71% | -4.33% |
| 2015 | 14.67% | 2.42% |
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 31st March 2024.
Top 10 Investments
-
BHP Group Limited
Australia Australasian Equities8.37% -
CSL Limited
Australia Australasian Equities7.35% -
Commonwealth Bank Of Australia Limited
Australia Australasian Equities5.26% -
Westpac Banking Corporation
Australia Australasian Equities4.33% -
National Australia Bank Limited
Australia Australasian Equities3.72% -
Australia and New Zealand Banking Group Limited
Australia Australasian Equities3.46% -
Macquarie Group Limited
Australia Australasian Equities3.0% -
Santos Limited
Australia Australasian Equities2.69% -
Telstra Group
Australia Australasian Equities2.61% -
Wesfarmers Limited
Australia Australasian Equities2.6%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 3.69% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 85.0% | 93.25% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 10.0% | 3.06% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2024.