Funds
IPM Diversified Income Portfolio
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
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
The IPM Diversified Income Portfolio invests primarily in a range of domestic and overseas interest-bearing securities e.G. Cash, NZ Fixed Interest and International Fixed Interest, either directly or indirectly.
| Value | $112M NZD |
| Period of data report | 31st Dec. 2023 |
| Fund started | 8th Aug. 2014 |
| Total annual fund fees | 1.46% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.71% |
| Other management and administration charges | 0.75% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Jason Ferguson |
Currently: Investment Strategist (Caliber investment) (9 years, 6 months) |
|
Neville Caird |
Currently: Chairman and Director New Zealand Investment Portfolio Management Limited (9 years, 9 months) |
|
Craig Dealey |
Currently: Managing Director New Zealand Investment Portfolio Management Limited (9 years, 9 months) |
|
Mike Staal |
Currently: Director New Zealand Investment Portfolio Management Limited (9 years, 9 months) |
|
Mark Wooster |
Currently: Chief Investment Officer (Caliber Investment) (14 years, 1 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 | -1.56% | 1.36% |
| 2022 | -0.95% | -0.4% |
| 2021 | 8.70% | 1.65% |
| 2020 | 0.08% | 0.05% |
| 2019 | 4.31% | 0.3% |
| 2018 | 3.39% | 1.08% |
| 2017 | 3.28% | 1.44% |
| 2016 | 2.92% | 3.55% |
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
-
Harbour Enhanced Cash Fund
New Zealand Cash and Equivalents32.39% -
Daintree Core Income Trust NZD
Australia Int Fixed Interest29.57% -
Blackrock Multi Opportunity Fund
Australia Other9.71% -
Harbour NZ Corporate Bond Fund
New Zealand NZ Fixed Interest A+9.19% -
Man Alternative Style Risk Premia Fund Cl I H NZD
Australia Other6.23% -
Aqr Style Premia Offshore Fund - NZD Class
Australia Other3.59% -
Cash At Bank - NZD
New Zealand Cash and Equivalents AA-2.91% -
Cash At Bank - AUD
New Zealand Cash and Equivalents AA-2.72% -
Wstp Term Deposit 6.232% 07/06/2023 07/06/2024
New Zealand Cash and Equivalents AA-1.85% -
Wstp Term Deposit 6.26% 01/08/2023 01/08/2024
New Zealand Cash and Equivalents AA-1.83%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 10.0% | 41.71% |
| New Zealand Fixed Interest | 25.0% | 9.2% |
| International Fixed Interest | 35.0% | 29.55% |
| 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 | 30.0% | 19.54% |
| 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.