Funds

Dimensional Two-Year Sustainability Fixed Interest Fund

Fund type: Defensive fund

Past Returns: No 3 year data yet
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.25%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

Total Ethical Concerns: 1.21%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Fossil Fuels 0.11%

    • Cassa Depositi E Prestiti Spa
      0.11%
      ocean
      This company is harming the ocean

  • Animal Cruelty 0.19%

    • Dupont De Nemours
      0.19%

  • Human Rights Violations 0.91%

    • General Motors
      0.60%
    • Toronto-Dominion Bank
      0.31%

From the Fund Provider

  • About this fund

    About this Fund

    Fund type: Defensive fund

    Past Returns: No 3 year data yet
    Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
    Annual Fees: 0.25%
    Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

    In their own words

    Ordinarily the Fund gets exposure to a diverse portfolio of Investment Grade corporate and government global fixed interest securities, with an overall maximum weighted average duration of two years, and for any individual security, a maximum maturity of three years from the date of settlement. Dimensional generally changes the portfolio's exposure to term risk and credit risk in response to changes in security prices. The Fund intends to achieve this exposure by investing in funds and/or directly in fixed interest securities. The Fund may also hold cash or cash equivalent securities, and currency hedging instruments.

    Value $246M NZD
    Period of data report 30th Sept. 2025
    Fund started 20th Nov. 2024
    Total annual fund fees 0.25%
    Total performance based fees 0.0%
    Manager's basic fee 0.25%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    Key Personnel

    Timo Zauner

    Currently: Fixed Income Portfolio Manager & VP (1 years, 4 months)
    Previously: Fixed Income Portfolio Manger (7 years, 3 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

  • Past Returns

    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

    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 30th Sept. 2025.

  • Investments

    Top 10 Investments

    • New Zealand Government 0.250000% 05/15/2028

      New Zealand NZ Fixed Interest AAA

      3.02%

    • NZ Local Govt Fund Agenc 2.250000% 05/15/2028

      New Zealand NZ Fixed Interest AA

      2.62%

    • Svenska Handelsbanken Ab 4.033100% 03/04/2026

      Sweden Int Fixed Interest AA

      2.44%

    • Inter-American Devel Bk 2.750000% 10/30/2025

      Australia Int Fixed Interest AAA

      2.01%

    • MAS Bill 0% 11/13/2025

      Singapore Int Fixed Interest AAA

      1.54%

    • MAS Bill 0% 11/20/2025

      Singapore Int Fixed Interest AAA

      1.52%

    • Aust & NZ Banking Group 4.258900% 06/18/2027

      Australia Int Fixed Interest AA

      1.3%

    • Kommunalbanken As 5.178698% 06/17/2026

      Norway Int Fixed Interest AAA

      1.28%

    • Manitoba (Province Of) 7.750000% 12/22/2025

      Canada Int Fixed Interest A

      1.26%

    • Esm Tbill 0% 10/09/2025

      France Int Fixed Interest AAA

      1.22%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.19%
    New Zealand Fixed Interest 0.0% 5.64%
    International Fixed Interest 100.0% 98.82%
    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% -4.64%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

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. 2025 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.

Issues of Concern

  • 0.0% Environmental Harm
  • 0.11% Fossil Fuels
  • 0.19% Animal Cruelty
  • 0.91% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Weapons

Companies of Concern

  • Fossil Fuels

    • Cassa Depositi E Prestiti Spa
      0.11%
      ocean
      This company is harming the ocean

  • Animal Cruelty

    • Dupont De Nemours
      0.19%

  • Human Rights Violations

    • General Motors
      0.60%
    • Toronto-Dominion Bank
      0.31%

About this Fund

Fund type: Defensive fund

Past Returns: No 3 year data yet
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.25%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

Ordinarily the Fund gets exposure to a diverse portfolio of Investment Grade corporate and government global fixed interest securities, with an overall maximum weighted average duration of two years, and for any individual security, a maximum maturity of three years from the date of settlement. Dimensional generally changes the portfolio's exposure to term risk and credit risk in response to changes in security prices. The Fund intends to achieve this exposure by investing in funds and/or directly in fixed interest securities. The Fund may also hold cash or cash equivalent securities, and currency hedging instruments.

Value $246M NZD
Period of data report 30th Sept. 2025
Fund started 20th Nov. 2024
Total annual fund fees 0.25%
Total performance based fees 0.0%
Manager's basic fee 0.25%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Timo Zauner

Currently: Fixed Income Portfolio Manager & VP (1 years, 4 months)
Previously: Fixed Income Portfolio Manger (7 years, 3 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

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

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 30th Sept. 2025.

Top 10 Investments

  • New Zealand Government 0.250000% 05/15/2028

    New Zealand NZ Fixed Interest AAA

    3.02%

  • NZ Local Govt Fund Agenc 2.250000% 05/15/2028

    New Zealand NZ Fixed Interest AA

    2.62%

  • Svenska Handelsbanken Ab 4.033100% 03/04/2026

    Sweden Int Fixed Interest AA

    2.44%

  • Inter-American Devel Bk 2.750000% 10/30/2025

    Australia Int Fixed Interest AAA

    2.01%

  • MAS Bill 0% 11/13/2025

    Singapore Int Fixed Interest AAA

    1.54%

  • MAS Bill 0% 11/20/2025

    Singapore Int Fixed Interest AAA

    1.52%

  • Aust & NZ Banking Group 4.258900% 06/18/2027

    Australia Int Fixed Interest AA

    1.3%

  • Kommunalbanken As 5.178698% 06/17/2026

    Norway Int Fixed Interest AAA

    1.28%

  • Manitoba (Province Of) 7.750000% 12/22/2025

    Canada Int Fixed Interest A

    1.26%

  • Esm Tbill 0% 10/09/2025

    France Int Fixed Interest AAA

    1.22%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.19%
New Zealand Fixed Interest 0.0% 5.64%
International Fixed Interest 100.0% 98.82%
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% -4.64%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

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. 2025 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.