Where 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 aggressive funds is 12.02%.
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Operates electric and natural gas transmission systems in the UK and US. It also operates facilities for storing LNG. including the Grain LNG terminal in the UK which is the largest LNG facility in Europe and 8th globally.
The fund invests in infrastructure securities in both developed and emerging markets across a range of sectors. This provides access to a range of infrastructure sectors across geographic regions, with active portfolio management that seeks to target excess returns and predictable, stable cash flows. Environmental, Social and Governance characteristics are integrated into the investment process. The fund aims to provide total returns (income and capital growth) after costs and before tax, above the Dow Jones Brookfield Global Infrastructure Index (100% hedged to the NZD on an after-tax basis) on a rolling three-year basis.
| Value | $187M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 7th Sept. 2012 |
| Total annual fund fees | 1.34% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.25% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 8 months)
|
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 10 months)
|
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 2 months)
|
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 7 months)
|
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 14.61% | 0.34% |
| 2023 | -4.85% | -3.12% |
| 2022 | 3.53% | 21.27% |
| 2021 | 35.55% | 20.61% |
| 2020 | -7.06% | -12.31% |
| 2019 | 10.17% | 18.35% |
| 2018 | 7.53% | -4.53% |
| 2017 | 9.49% | 13.77% |
| 2016 | 4.71% | -9.94% |
| 2015 | 14.67% | 23.86% |
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. 2024.
Enbridge Inc
Canada Other
National Grid PLC
United Kingdom International Equities
Sempra Energy
United States International Equities
Crown Castle International Corporation
United States Other
Essential Utilities
United States Other
Cellnex Telecom SA
Spain Other
Exelon Corporation
United States International Equities
United Utilities Group PLC
United Kingdom International Equities
Pg & E Corporation
United States Other
Cheniere Energy Inc
United States International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.77% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 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 | 100.0% | 98.23% |
| 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 31st Dec. 2024.
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. 2024 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 companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Operates electric and natural gas transmission systems in the UK and US. It also operates facilities for storing LNG. including the Grain LNG terminal in the UK which is the largest LNG facility in Europe and 8th globally.
The fund invests in infrastructure securities in both developed and emerging markets across a range of sectors. This provides access to a range of infrastructure sectors across geographic regions, with active portfolio management that seeks to target excess returns and predictable, stable cash flows. Environmental, Social and Governance characteristics are integrated into the investment process. The fund aims to provide total returns (income and capital growth) after costs and before tax, above the Dow Jones Brookfield Global Infrastructure Index (100% hedged to the NZD on an after-tax basis) on a rolling three-year basis.
| Value | $187M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 7th Sept. 2012 |
| Total annual fund fees | 1.34% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.25% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 8 months)
|
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 10 months)
|
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 2 months)
|
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 7 months)
|
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 14.61% | 0.34% |
| 2023 | -4.85% | -3.12% |
| 2022 | 3.53% | 21.27% |
| 2021 | 35.55% | 20.61% |
| 2020 | -7.06% | -12.31% |
| 2019 | 10.17% | 18.35% |
| 2018 | 7.53% | -4.53% |
| 2017 | 9.49% | 13.77% |
| 2016 | 4.71% | -9.94% |
| 2015 | 14.67% | 23.86% |
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. 2024.
Enbridge Inc
Canada Other
National Grid PLC
United Kingdom International Equities
Sempra Energy
United States International Equities
Crown Castle International Corporation
United States Other
Essential Utilities
United States Other
Cellnex Telecom SA
Spain Other
Exelon Corporation
United States International Equities
United Utilities Group PLC
United Kingdom International Equities
Pg & E Corporation
United States Other
Cheniere Energy Inc
United States International Equities
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.77% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 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 | 100.0% | 98.23% |
| 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 31st Dec. 2024.
