The Fund was initially launched in October 2019 as a wholesale unit trust, limited to wholesale investors and managed by Clarity Funds Management Limited in partnership with TAHITO Limited as the investment consultant.
In June 2021, the Fund converted to a retail unit trust open to all investors.
For more information contact us above.
The TAHITO Process
We have derived over 50 qualitative and quantitative
measures from our indigenous value set that are
applied to screen companies. These are not ‘negative screens’.
We apply our measures mostly through a positive screening process.
Māori ethics put people and the environment first
because both are fundamental to living and thriving.
This thinking is implicit in the ancestral Māori
worldview which centres on connection and
the interdependence of all things.
Key features of the Fund
Te ngako o te Tahua:
What we look for in companies:
Mahuru 2023 (Returns net of fees)
Benchmark - 50% NZX 50 Portfolio index (including imputation credits) / 50% ASX Accumulation 200
index (in NZD). Fund returns are after deductions for fees but before tax. Benchmark returns have no
deduction for fees or tax.
The companies in the Te Tai o Rehua Fund hold no fossil fuel reserves
and any ties to fossil fuels. (*Data from the MSCI ESG Carbon Portfolio
Analytics report and the MSCI fossil fuel reserves and ties to fossil
fuels screens. Also supported by the Morningstar Carbon Report.
Carbon reports are updated quarterly.)
The carbon emissions in Te Tai o Rehua Fund are 88.7% lower than all NZ AU MSCI listed equites with a AAA or AA ESG rating. Carbon intensity is 83.8% lower and weighted average carbon intensity is 87.9% lower. (NZ AU AA+ = New Zealand and Australian equities with and ESG rating of AA or better) (NZ AU IMI = The Morgan Stanley New Zealand and Australia Investible Market Index).
Responsible Investment Association Australasia certification
RIAA’s RI Certification Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations. The Symbol also signifies that the TAHITO Te Tai o Rehua Fund adheres to the strict operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product. The Certification Symbol is a Trademark of the Responsible Investment Association Australasia (RIAA). Detailed information about RIAA, the Symbol and the TAHITO Te Tai o Rehua Fund’s methodology, performance and stock holdings can be found at www.responsiblereturns.com.au, together with details about other responsible investment products certified by RIAA1
1. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
