Funds
Nikko AM Global Shares 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
-
Kbr Inc 2.87%
Labour Rights Violations
Where the actions of companies have violated global standards on labour rights and freedoms; including poor treatment of workers, child and forced labour, and modern slavery.
Military Weapons
Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
-
Nestle SA-Reg 1.95%
Human Rights Abuses
Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
NESTLE SA-REG Human Rights Abuses
Nestle manufactures and sells food and beverages. The company has been criticised for exploiting local water resources for its bottled water production, which has forced underprivileged communities to pay a premium for their groundwater while alternatives have been exhausted. There have also been several allegations of labour conflicts and human rights violations in Nestle’s palm oil, coffee, fruits and seafood supply chains.
-
Kbr Inc 2.87%
Animal Cruelty
-
Rentokil Initial PLC 2.25%
Animal Testing
Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
-
Rentokil Initial PLC 2.25%
Weapons
-
Kbr Inc 2.87%
Labour Rights Violations
Where the actions of companies have violated global standards on labour rights and freedoms; including poor treatment of workers, child and forced labour, and modern slavery.
Military Weapons
Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
-
Amphenol Corp-Cl A 1.98%
Military Weapons
Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
-
Kbr Inc 2.87%
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
In their own words
The Global Shares Fund seeks to provide investors with a relatively concentrated actively managed investment portfolio of global equities to achieve long term capital growth.
| Value | $6.61M NZD |
| Period of data report | 31st Dec. 2023 |
| Members | 186 |
| Fund started | 3rd April 2018 |
| Total annual fund fees | 1.15% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.15% |
| Other management and administration charges | 0.0% |
| Total other charges | 30.0 |
| Total other charges currency | NZD |
Key Personnel
|
Alan Clarke |
Currently: Portfolio Manager, Diversified Funds & External Managers and Member of Investment Committee (0 years, 3 months) |
|
Stuart Williams |
Currently: Managing Director and Member of Investment Committee (0 years, 9 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% | -2.96% |
| 2022 | 3.55% | 3.21% |
| 2021 | 33.87% | 36.87% |
| 2020 | -6.10% | 6.31% |
| 2019 | 10.35% | 9.88% |
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
-
Microsoft Corp
United States International Equities7.43% -
Nvidia Corp
United States International Equities4.07% -
Facebook Inc Com USD Cl A
United States International Equities3.51% -
Netflix Inc
United States International Equities3.28% -
Compass Group Ord Gbp0 1105
United Kingdom International Equities2.88% -
Haleon PLC
United Kingdom International Equities2.79% -
Broadcom Corp Com
United States International Equities2.74% -
Taiwan Semicon Manufacturing Co Ltd
Taiwan, Province of China International Equities2.69% -
Hoya Corporation Jpy
Japan International Equities2.65% -
Abbott Labs
United States International Equities2.61%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.02% |
| 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% | 98.98% |
| 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.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2023.