The Australian Ethical Growth Opportunities Fund (the Fund) provides wholesale investors with access to a hard-to-replicate portfolio of diversified private market investments that aims to deliver risk-adjusted market-rate returns and influence progress towards a better future for people and planet.  
Built around high-conviction themes shaping the future, the Fund blends investments across funds, co-investments, direct investments, listed equity positions and cash-related positions to deliver long-term exposure to unlisted real assets  and contribute to a more sustainable future.
Investments with immediate exposure to a diversified portfolio
Seed investment from cornerstone investors
Target net IRR over 7-year
periods
The Fund aims to deliver returns of between 11-13% each year (after fees and expenses) over 7-year periods.
To provide exposure predominantly to unlisted assets with ‘real asset’ characteristics targeting key thematics, initially including decarbonisation, the circular economy, digitalisation, urbanisation and changing demographics. The Fund will predominantly invest in Australia, targeting 30% international exposure (no more than 40% of the portfolio), and will invest in equity and equity-like instruments.
The Fund invests in a broad range of primarily unlisted assets alongside leading investment partners, providing investment, thematic and partner level diversification.
The Fund offers access to semi-direct and co-investment opportunities managed by an experienced investment team with over 60 years of combined expertise and long-standing relationships across the market.
The Fund targets exposure to thematics such as decarbonisation, the circular economy, digitalisation, urbanisation and changing demographics that we believe have attractive investment tailwinds and offer the opportunity to contribute to real-world solutions. 
The Fund’s open-ended structure with monthly applications and periodic liquidity is designed to support the evolving needs of wholesale investors seeking private market exposures.
The Fund is a key part of our $1 billion-plus private markets portfolio. Alongside its financial objective, the Fund aims to deliver measurable positive outcomes by investing in solutions addressing long-term environmental and/or social challenges.
Each unlisted investment in the Fund is scored against a thematic-level Impact Framework aligned with the Five Dimensions of Impact1 that outlines the challenge, contribution and our impact.
Australian Ethical's Impact Advisory Forum separate to the Fund’s investment team, will provide expert input to support impact related components of the Fund's investment strategy.
To learn more about the Growth Opportunities Fund, you can submit the contact form, contact directly at 0411 424 683 or email at lwillis@australianethical.com.au.
Leah Willis
Head of Distribution
This information has been prepared by Australian Ethical Investment Ltd (ABN 47 003 188 930, AFSL 229949) (Australian Ethical) in its capacity as trustee of the Australian Ethical Growth Opportunities Fund (ABN 82 679 220 828) (Fund) and is intended solely for Wholesale Clients as defined in sections 761G and 761GA of the Corporations Act 2001 (Cth).
This information is general in nature and is not intended to provide you with financial advice and does not take account of your individual investment objectives, financial situation or needs. The information is provided in summary form and may be subject to qualifications. Prospective investors should rely upon their own enquiries and seek such professional advice as they consider appropriate before deciding whether to invest in the Fund. Past performance is not a reliable indicator of future performance.
Before acting on the information, see the Financial Services Guide (FSG) and the Fund’s Information Memorandum (IM) to consider its appropriateness to your circumstances. You should read the IM in full entirety and consider consulting with a financial adviser or tax adviser. An investment in the Fund should be considered in the context of the risks outlined in the IM.
The Fund aims to generate positive environmental and/or social impact alongside financial returns, guided by Australian Ethical impact framework and methodology. There are varied market and regulatory definitions of ‘impact investment’, and different frameworks and funds classify and measure impact differently. Prospective investors should conduct their own due diligence and form their own view as to whether the framework and methodology used aligns with their individual objectives, values, and requirements in relation to impact outcomes. Impact related data used in the Fund’s investment process and reporting may be derived from investees and other third-party sources and methodologies. Although Australian Ethical uses sources and methods it believes to be credible, measurement of impact is complex and often involves estimates and assumptions. Australian Ethical accepts no responsibility for the data and makes no representation or warranty as to its accuracy or completeness or fitness for a particular purpose. The Fund’s impact objectives are subject to risk and uncertainties, and actual outcomes may differ materially from those anticipated.
Investing ethically and sustainably means that the investment universe will generally be more limited than non-ethical, non-sustainable portfolios in similar asset classes. This means that the portfolio(s) may not have exposure to specific assets which over or underperform over the investment cycle, and so the returns and volatility of the portfolio(s) may be higher or lower than non-ethical, non-sustainable portfolios over all investment time frames.
Industry, innovation and infrastructure
Sustainable cities and communities
Climate action
Responsible consumption and production