NZ managed funds excluding nuclear power
Funds whose SIPO excludes nuclear-power generation and uranium mining. Distinct from "nuclear weapons" (which is under Controversial Weapons). Some funds exclude nuclear power; others permit it as a low-carbon transition technology.
20 funds match. Source: each fund's Statement of Investment Policy and Objectives lodged on the FMA Disclose register.
- AMP Aggressive Managed FundAMP · Diversified"Nuclear power >5% electricity generation"Also excludes: Weapons · Fossil fuels · Tobacco · Russian0.80% annualSIPO 2025-05-29
- AMP Balanced Managed FundAMP · Diversified"Nuclear power >5% electricity generation"Also excludes: Weapons · Fossil fuels · Tobacco · Russian0.81% annualSIPO 2025-05-29
- AMP Growth Managed FundAMP · Diversified"Nuclear power >5% electricity generation"Also excludes: Weapons · Fossil fuels · Tobacco · Russian0.81% annualSIPO 2025-05-29
- AMP International Shares Managed FundAMP · International Equities"Nuclear power >5% electricity generation"Also excludes: Weapons · Fossil fuels · Tobacco · Russian0.79% annualSIPO 2025-05-29
- BetaShares Australian Sustainability Leaders FundBetaShares · Australasian Equities"Uranium and nuclear energy – uranium mining and nuclear energy (0%); products and services >5%"Also excludes: Fossil fuels · Gambling · Tobacco · Animal testing · Alcohol · Adult · Predatory lending0.67% annualSIPO 2026-03-30
- BetaShares Global Sustainability Leaders FundBetaShares · International Equities"Uranium and nuclear energy – uranium mining and nuclear energy (0%); products and services >5%"Also excludes: Fossil fuels · Gambling · Tobacco · Animal testing · Alcohol · Adult · Predatory lending0.77% annualSIPO 2026-03-30
- BetaShares Global Sustainability Leaders Fund (NZD Hedged)BetaShares · International Equities"Uranium and nuclear energy – uranium mining and nuclear energy (0%); products and services >5%"Also excludes: Fossil fuels · Gambling · Tobacco · Animal testing · Alcohol · Adult · Predatory lending0.79% annualSIPO 2026-03-30
- BetaShares NZ Sustainability Leaders FundBetaShares · Australasian Equities"Uranium and nuclear energy – uranium mining and nuclear energy (0%); products and services >5%"Also excludes: Fossil fuels · Gambling · Tobacco · Animal testing · Alcohol · Adult · Predatory lending0.59% annualSIPO 2026-03-30
- Booster Socially Responsible Balanced FundBooster · Diversified"Nuclear power production"Also excludes: Gambling · Tobacco · Fossil fuels · GMO · Animal testing1.33% annualSIPO 2026-03-30
- Booster Socially Responsible Growth FundBooster · Diversified"Nuclear power production"Also excludes: Gambling · Tobacco · Fossil fuels · GMO · Animal testing1.34% annualSIPO 2026-03-30
- Booster Socially Responsible High Growth FundBooster · Diversified"Nuclear power production"Also excludes: Gambling · Tobacco · Fossil fuels · GMO · Animal testing1.35% annualSIPO 2026-03-30
- Booster Wealth Geared Growth FundBooster · Diversified"Nuclear power production"Also excludes: Gambling · Tobacco · Fossil fuels · GMO · Animal testing1.35% annualSIPO 2026-03-30
- Foundation Series Balanced FundFoundation Series · Diversified"Nuclear power operators and supply chain (>0% revenue) (International Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Fossil fuels · Animal testing · Russian0.36% annualSIPO 2026-01-29
- Foundation Series Global ESG FundFoundation Series · International Equities"Nuclear power operators and supply chain (>0% revenue) (International Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Fossil fuels0.10% annualSIPO 2026-01-29
- Foundation Series Growth FundFoundation Series · Diversified"Nuclear power operators and supply chain (>0% revenue) (International Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Fossil fuels · Animal testing · Russian0.38% annualSIPO 2026-01-29
- Foundation Series High Growth FundFoundation Series · Diversified"Nuclear power operators and supply chain (>0% revenue) (International Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Fossil fuels · Animal testing0.37% annualSIPO 2026-01-29
- Pella Global Generations PIE FundPella · International Equities"Uranium mining (0% revenue threshold)"Also excludes: Animal testing · Fossil fuels · Gambling · GMO · Adult · Tobacco0.85% annualSIPO 2025-03-26
- Russell Investments Hedged Sustainable Global Shares FundRussell Investments · International Equities"Uranium Mining"Also excludes: Tobacco · Weapons · Fossil fuels0.33% annualSIPO 2026-04-01
- Russell Investments Sustainable Global Shares FundRussell Investments · International Equities"Uranium Mining"Also excludes: Tobacco · Weapons · Fossil fuels0.33% annualSIPO 2026-04-01
- Stewart Investors Worldwide Leaders FundStewart Investors · International Equities"Companies materially involved in nuclear energy — 5% gross revenue threshold"Also excludes: Fossil fuels · Alcohol · Tobacco · Gambling · Adult · Animal testing · Weapons0.61% annualSIPO 2026-03-30
Other exclusion categories
How exclusions work in NZ ethical funds
Exclusion screens are set in each fund's Statement of Investment Policy and Objectives (SIPO) — the foundational policy document each scheme must lodge under the Financial Markets Conduct Act 2013. Each fund's revenue threshold for inclusion in the exclusion list varies (typically >5%, >10%, or "any involvement"). The exact wording for any fund is visible on its `/investment-mandate/` page.
An exclusion screen is one component of an ethical or responsible-investment policy — the other components are positive screens (e.g. preferential weighting of high-ESG-score companies), thematic tilts (e.g. clean-energy overweight), and engagement (proxy voting, manager-investee dialogue). The SIPO sets out which approaches the manager uses; click any fund to see the full policy.