Funds
Hyperion Global Growth Companies PIE Fund
Fund type: Aggressive fund
Past Returns: *64.21%Annual Fees: 0.78%
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
-
Meta Platforms Inc-Class A 2.24%
Public Safety
Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
META PLATFORMS INC-CLASS A Public Safety
Meta is the world’s largest online social network consisting of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. The company has faced several investigations and legal action linked to privacy-related allegations, including its handling of user data, and breaches of user privacy. Meta has also been criticised for its poor governance model, as well as allowing its platform in non-English speaking countries to be used to incite ethnic violence.
-
Meta Platforms Inc-Class A 2.24%
Animal Cruelty
-
Hermes International 3.30%
Animal Welfare Issues
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Fur & Speciality Leather
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
-
LVMH Moet Hennessy Louis Vui 1.33%
Animal Welfare Issues
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Fur & Speciality Leather
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
-
Kering 1.08%
Animal Welfare Issues
Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.
Fur & Speciality Leather
Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
KERING Animal Welfare Issues Fur & Speciality Leather
Kering specialises in luxury goods. Evidence shows the company makes several products, including bags, and watch straps from exotic leather, such as crocodile, python and ostrich leather and states that most of its houses do not use fur.
-
Hermes International 3.30%
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 fund invests in growth-oriented companies primarily listed on a recognised global exchange, at the time of investment. Typically, the fund is highly concentrated with 15-30 stocks that in Hyperion’s view: Are high-quality business franchises with sustainable competitive advantages, and have above average long-term growth potential, low levels of gearing and predictable long-term earnings streams.
| Value | $60.6M NZD |
| Period of data report | 31st Dec. 2023 |
| Fund started | 2nd March 2022 |
| Total annual fund fees | 0.78% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.46% |
| Other management and administration charges | 0.32% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Mark Arnold |
Currently: Chief Investment Officer - Hyperion Asset Management Limited (16 years, 8 months) |
|
Jason Orthman |
Currently: Deputy-Chief Investment Officer - Hyperion Asset Management Limited (6 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 | -5.17% | -14.46% |
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
-
Tesla Inc
United States International Equities12.3% -
Servicenow Inc
United States International Equities10.56% -
Amazon Com Inc
United States International Equities10.07% -
Microsoft Corp
United States International Equities9.72% -
Workday Inc
United States International Equities7.26% -
Block Inc
United States International Equities7.16% -
Spotify Technology Com
Luxembourg International Equities6.99% -
Facebook Inc Com USD Cl A
United States International Equities4.07% -
Intuit Inc
United States International Equities3.81% -
Asml Holding Nv EUR 0.09 Ny Reg 2012 Post Depository Receipt
Netherlands International Equities3.74%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 1.09% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 95.0% | 98.91% |
| 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 fund has filed with Disclose register to 31st Dec. 2023.