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

    • Rio Tinto Ltd 0.36%
    • Wilmar International Ltd 0.08%
    • First Pacific Co 0.01%
    • BHP Group Ltd 1.88% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Newcrest Mining Ltd 0.19%
    • Posco 0.10%
    • Tokyo Electric Power Company 0.09%
    • Wilmar International Ltd 0.08%
    • Nissan Chemical Corp 0.07%
    • Posco Dx Co Ltd 0.03%
    • Posco International Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Adeka Corp 0.02%
    • Nufarm Ltd 0.02%
    • First Pacific Co 0.01%
    • Fuji Oil Holdings Inc 0.01%
    • Nippon Soda Co Ltd 0.01%
    • Shin-Etsu Chemical Co Ltd 0.75%
    • Otsuka Holdings Co Ltd- Unsp 0.23%
    • Kao Corp 0.22%
    • Shiseido Co Ltd 0.18%
    • Unicharm Corp 0.18%
    • Kikkoman Corp 0.13%
    • Mitsubishi Chemical Group Co 0.11%
    • Nippon Paint Holdings Co Ltd 0.09%
    • Sk Innovation Co Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Yakult Honsha Co Ltd 0.08%
    • Idemitsu Kosan Co Ltd 0.07%
    • Nissan Chemical Corp 0.07%
    • Ricoh Co Ltd 0.07%
    • Mitsui Chemicals Inc 0.06%
    • Orica Ltd 0.06%
    • Otsuka Corp 0.06%
    • Seiko Epson Corp 0.05%
    • Sumitomo Chemical Co Ltd 0.05%
    • Tosoh Corp 0.05%
    • Amorepacific Corp-Pref 0.04%
    • Kansai Paint Co Ltd 0.04%
    • Prada S.P.A. 0.04%
    • Resonac Holdings Corp. 0.04%
    • Daicel Corp 0.03%
    • Hanwha Solutions Corp 0.03%
    • Kose Corp 0.03%
    • Lg H&H 0.03%
    • Lion Corp 0.03%
    • Mitsubishi Gas Chemical Co 0.03%
    • Adeka Corp 0.02%
    • Denka Co Ltd 0.02%
    • Dic Corp 0.02%
    • F&F Co Ltd / New 0.02%
    • Kumho Petrochemical Co Ltd 0.02%
    • L'Occitane International SA 0.02%
    • Lg H&H-Prf 0.02%
    • Lotte Chemical Corp 0.02%
    • Nagase & Co Ltd 0.02%
    • Nippon Shokubai Co Ltd 0.02%
    • Nufarm Ltd 0.02%
    • Pigeon Corp 0.02%
    • Tokai Carbon Co Ltd 0.02%
    • Ushio Inc 0.02%
    • Descente Ltd 0.01%
    • Fancl Corp 0.01%
    • Hansol Chemical Co Ltd 0.01%
    • Kureha Corp 0.01%
    • Nippon Paper Industries Co L 0.01%
    • Nippon Soda Co Ltd 0.01%
    • Pola Orbis Holdings Inc 0.01%
    • Shinsegae Inc 0.01%
    • Skc Co Ltd 0.01%
    • Daikin Industries Ltd 0.56%
    • Sojitz Corp 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Singapore Tech Engineering 0.06%
    • Kawasaki Heavy Industries 0.05%
    • Hanwha Aerospace Co Ltd 0.04%
    • Nof Corp 0.04%
    • Sumitomo Heavy Industries 0.04%
    • Korea Aerospace Industries 0.03%
    • Hd Hyundai Heavy Industries 0.02%
    • Hyundai Rotem Company 0.02%
    • Ventia Services Group Pty Lt 0.01%
    • BHP Group Ltd 1.88% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsubishi Corp 0.73% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Mitsui & Co Ltd 0.72% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Itochu Corp 0.64% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Woodside Energy Group Ltd 0.59% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Posco Holdings Inc 0.39%
    • Rio Tinto Ltd 0.36%
    • Marubeni Corp 0.32% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Sumitomo Corp 0.29% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nippon Steel Corp 0.26%
    • Santos Ltd 0.20% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Ck Hutchison Holdings Ltd 0.19%
    • Inpex Corp 0.19% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nippon Yusen Kk 0.17%
    • Clp Holdings Ltd 0.16%
    • Eneos Holdings Inc 0.15%
    • Kansai Electric Power Co Inc 0.13%
    • Origin Energy Ltd 0.13% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • South32 Ltd 0.13%
    • Chubu Electric Power Co Inc 0.12%
    • Jardine Matheson Hldgs Ltd 0.12%
    • Mitsui Osk Lines Ltd 0.12%
    • Tokyo Gas Co Ltd 0.12% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hong Kong & China Gas 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Apa Group 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Osaka Gas Co Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Power Assets Holdings Ltd 0.09%
    • Samsung C&T Corp 0.09%
    • Sk Innovation Co Ltd 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Lg Corp 0.08%
    • Washington H. Soul Pattinson 0.08%
    • Ampol Ltd 0.07%
    • Idemitsu Kosan Co Ltd 0.07%
    • Sojitz Corp 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Kobe Steel Ltd 0.06%
    • Orica Ltd 0.06%
    • Agl Energy Ltd 0.05%
    • Contact Energy Ltd 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Hmm Co Ltd 0.05%
    • Korea Electric Power Corp 0.05%
    • Sumitomo Chemical Co Ltd 0.05%
    • Cosmo Energy Holdings Co Ltd 0.04%
    • Electric Power Development C 0.04%
    • Kyushu Electric Power Co Inc 0.04%
    • Sembcorp Industries Ltd 0.04%
    • Tohoku Electric Power Co Inc 0.04%
    • Whitehaven Coal Ltd 0.04%
    • Air Water Inc 0.03%
    • Beach Energy Ltd 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hd Hyundai 0.03%
    • Jardine Cycle & Carriage Ltd 0.03%
    • Mitsubishi Materials Corp 0.03%
    • New Hope Corp Ltd 0.03%
    • Posco International Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • S-Oil Corp 0.03%
    • Viva Energy Group Ltd 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chugoku Electric Power Co 0.02%
    • Gs Holdings 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Kumho Petrochemical Co Ltd 0.02%
    • Lg Uplus Corp 0.02%
    • Ube Corp 0.02%
    • Brickworks Ltd 0.01%
    • Coronado Global Resource-Cdi 0.01%
    • Genesis Energy Ltd 0.01%
    • Hd Hyundai Electric Co Ltd 0.01%
    • Hd Hyundai Infracore Co Ltd 0.01%
    • Hokkaido Electric Power Co 0.01%
    • Hokuriku Electric Power Co 0.01%
    • Japan Petroleum Exploration 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Karoon Energy Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Monadelphous Group Ltd 0.01%
    • Oci Holdings Co Ltd 0.01%
    • Shikoku Electric Power Co 0.01%
    • United Energy Group Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30th Sept. 2023 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

Invests in international shares and is designed to track the return (before tax, fees and other expenses) of the FTSE Developed Asia Pacific All Cap Index.

Value $5.4M NZD
Period of data report 31st Dec. 2023
Members 957
Fund started 21st Sept. 2015
Total annual fund fees 0.59%
Total performance based fees 0.0%
Manager's basic fee 0.57%
Other management and administration charges 0.02%
Total other charges 30.0
Total other charges currency NZD

Guy Roulston Elliffe

Currently: Director (8 years, 1 months)
Previously: Corporate Governance Manager - ACC (current position) (8 years, 8 months)

Stuart Kenneth Reginald Millar

Currently: Chief Investment Officer - Smartshares (4 years, 7 months)
Previously: Head of Portfolio Management - ANZ Investments (6 years, 4 months)

Anna Lennie Scott

Currently: Chief Executive Officer - Smartshares (0 years, 3 months)
Previously: Chief Operating Officer and Director - Hobson Wealth (5 years, 2 months)

Alister John Williams

Currently: Director (8 years, 1 months)
Previously: Investment Manager - Trust Management (5 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2023.

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
2023 -4.84% 0.75%
2022 3.55% -6.75%
2021 33.87% 25.64%
2020 -6.10% -2.58%
2019 10.35% -1.92%
2018 6.95% 10.29%
2017 10.40% 11.99%

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 KiwiSaver fund has filed with Disclose register to 31st Dec. 2023.

Top 10 Investments

  • Vanguard FTSE Pacific ETF
    United States International Equities
    99.55%
  • ANZ NZD Current Account
    New Zealand Cash and Equivalents AA-
    0.97%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.309843%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 99.69016%
Listed Properties 0.0% 0.0%
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.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2023.