What can the Mint Australasian Equity Fund actually invest in?
The fund's Statement of Investment Policy and Objectives (SIPO) defines the asset classes it can hold and the allowable target / min / max weights for each.
Strategic asset allocation ranges
| Asset class | Target | Min | Max |
|---|---|---|---|
| New Zealand Equities | — | 0% | 100% |
| Australian Equities | — | 0% | 100% |
| Cash and Cash Equivalents | 5% | 0% | 100% |
Mandate flexibility (sum of max − min across all ranges): 300%. Wide range — high manager discretion typical of active management.
Explicit exclusions (1)
- See RI Policy for applicable exclusions
Responsible-investment approach
Responsible investment forms a core part of Mint's philosophy. Mint is a signatory of the UN-supported Principles for Responsible Investment and the Aotearoa New Zealand Stewardship Code, and a member of the Responsible Investment Association Australasia. ESG factors form a material part of the investment process for direct investments, and exclusions are set out in Mint's Responsible Investment Policy.
Derivatives policy
The Funds are permitted to use derivatives consistent with their investment objectives and risk profile and with Mint's Derivatives Policy. Predominantly these are forward foreign exchange contracts but can also include other derivative instruments implemented to manage portfolio risk, currency risk and to provide economic efficiency.