Fund type: Defensive fund
Past Returns: No 3 year data yetWhere a company has multiple ethical concerns, the total concerns percentage counts this investment once.
The average total concerns of all funds of the same risk profile is weighted by the funds' investment values.
The average total concerns of all managed defensive funds is 1.99%.
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
Wells Fargo is a multinational financial services company which serves millions of customers in 35 countries. They have been involved in significant business ethics scandals for false inflation, cross selling and misleading customers over a period of 2002 to 2016.
Fund type: Defensive fund
Past Returns: No 3 year data yetAn actively managed portfolio consisting of cash, cash equivalents, and fixed interest assets.
| Value | $0 NZD |
| Period of data report | 30th Sept. 2025 |
| Fund started | 28th April 2025 |
| Total annual fund fees | 0.19% |
| Total performance based fees | 0.1% |
| Manager's basic fee | 0.0% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
David Mcleish |
Currently: Chief Investment Officer (1 years, 1 months)
|
|
Lyle Mcnee |
Currently: Portfolio Manager (1 years, 0 months)
|
|
Angela Quirk |
Currently: Head of Operations (1 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.
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.
National Australia Bank 26/10/2027
Australia Cash and Equivalents AA
ANZ Banking Group 30/09/2027
Australia Cash and Equivalents AA
Commonwealth Bank Australia 14/03/2028
Australia Cash and Equivalents AA
Royal Bank Of Canada 18/10/2026
Canada Cash and Equivalents AA
Cash On-Call
New Zealand Cash and Equivalents AA-
Bank Of Montreal 11/12/2026
Canada Cash and Equivalents AA-
Citibank Na 19/11/2026
United States Cash and Equivalents AA-
Morgan Stanley Bank Na 14/01/2027
United States Cash and Equivalents AA-
Wells Fargo & Company 22/04/2027
United States Cash and Equivalents AA-
Canadian Imperial Bank 8/09/2027
Canada Cash and Equivalents AA-
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 65.0% | 95.93% |
| New Zealand Fixed Interest | 10.0% | 1.57% |
| International Fixed Interest | 25.0% | 2.5% |
| 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% | 0.0% |
| Commodities | 0.0% | 0.0% |
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.
Where low standards of ethics create harm because of poor culture and inappropriate incentives, inadequate governance and oversight, and incidents of bribery and corruption.
Wells Fargo is a multinational financial services company which serves millions of customers in 35 countries. They have been involved in significant business ethics scandals for false inflation, cross selling and misleading customers over a period of 2002 to 2016.
Fund type: Defensive fund
Past Returns: No 3 year data yetAn actively managed portfolio consisting of cash, cash equivalents, and fixed interest assets.
| Value | $0 NZD |
| Period of data report | 30th Sept. 2025 |
| Fund started | 28th April 2025 |
| Total annual fund fees | 0.19% |
| Total performance based fees | 0.1% |
| Manager's basic fee | 0.0% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
David Mcleish |
Currently: Chief Investment Officer (1 years, 1 months)
|
|
Lyle Mcnee |
Currently: Portfolio Manager (1 years, 0 months)
|
|
Angela Quirk |
Currently: Head of Operations (1 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.
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.
National Australia Bank 26/10/2027
Australia Cash and Equivalents AA
ANZ Banking Group 30/09/2027
Australia Cash and Equivalents AA
Commonwealth Bank Australia 14/03/2028
Australia Cash and Equivalents AA
Royal Bank Of Canada 18/10/2026
Canada Cash and Equivalents AA
Cash On-Call
New Zealand Cash and Equivalents AA-
Bank Of Montreal 11/12/2026
Canada Cash and Equivalents AA-
Citibank Na 19/11/2026
United States Cash and Equivalents AA-
Morgan Stanley Bank Na 14/01/2027
United States Cash and Equivalents AA-
Wells Fargo & Company 22/04/2027
United States Cash and Equivalents AA-
Canadian Imperial Bank 8/09/2027
Canada Cash and Equivalents AA-
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 65.0% | 95.93% |
| New Zealand Fixed Interest | 10.0% | 1.57% |
| International Fixed Interest | 25.0% | 2.5% |
| 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% | 0.0% |
| Commodities | 0.0% | 0.0% |
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.
