Funds
Smartshares Global Bond ETF
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
-
Credit Suisse Group AG 0.80%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
CREDIT SUISSE GROUP AG Business Ethics
Credit Suisse provides investment banking services. It has faced regulatory and legal actions related to aiding tax evasion, money laundering, corporate espionage, fraud, and breach of trade secrets. It has also been involved in multiple lawsuits related to its governance.
-
Credit Suisse New York 0.18%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
CREDIT SUISSE NEW YORK Business Ethics
Credit Suisse provides investment banking services. It has faced regulatory and legal actions related to aiding tax evasion, money laundering, corporate espionage, fraud, and breach of trade secrets. It has also been involved in multiple lawsuits related to its governance.
-
Wells Fargo & Company 0.07%
Business Ethics
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
-
Credit Suisse Group AG 0.80%
Fossil Fuels
This data is compiled by Mindful Money from the fund information and portfolios
that each 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
Invests in international bonds, with the objective of outperforming the Bloomberg Global Aggregate Bond Index by 1% per annum over rolling 3-year periods, hedged to the New Zealand dollar. The investment manager is PIMCO Australia Pty Ltd.
| Value | $174M NZD |
| Period of data report | 31st Dec. 2023 |
| Fund started | 12th Nov. 2015 |
| Total annual fund fees | 0.54% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.53% |
| Other management and administration charges | 0.01% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Sachin Gupta |
Currently: Portfolio Manager - PIMCO Australia (20 years, 2 months) |
|
Andrew Balls |
Currently: Portfolio Manager - PIMCO Australia (17 years, 2 months) |
This information has been sourced from the quarterly data that each 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 | -0.79% | -3.54% |
| 2022 | -2.46% | -3.11% |
| 2021 | 2.15% | 3.99% |
| 2020 | 1.75% | 2.43% |
| 2019 | 2.76% | 3.02% |
| 2018 | 1.94% | 2.73% |
| 2017 | 1.52% | 3.51% |
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 Dec. 2023.
Top 10 Investments
-
Mortgage Passthrough Tba
United States Int Fixed Interest AA+52.12% -
Japan Treasury Disc Bill 0.00% 29/01/2024
Japan Int Fixed Interest A+6.48% -
Japan Treasury Disc Bill 0.00% 9/01/2024
Japan Int Fixed Interest A+5.32% -
ANZ NZD Current Account
New Zealand Cash and Equivalents AA-2.94% -
Fr Sd8329 5.00% 1/06/2053
United States Int Fixed Interest2.68% -
Realkredit Danmark 5.00% 1/10/2053
Denmark Int Fixed Interest AAA2.53% -
Japan Treasury Disc Bill 0.00% 19/02/2024
Japan Int Fixed Interest A+2.24% -
Swpc0M2Y3 Ccp Buy Cds EUR 201233 Itraxx Main40 10Y Ice 1% Ms
Germany Other1.51% -
Japan (2 Year Issue) 0.005% 1/10/2024
Japan Int Fixed Interest A+1.41% -
US Treasury N/B 1.875% 15/02/2041
United States Int Fixed Interest AAA1.32%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 100.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 100.0% |
| 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 Dec. 2023.