The Fund aims to provide long term capital growth and income from focusing on a relatively concentrated portfolio of Australian and NZ companies that meet our Ethical Criteria.
The Fund aims to exceed the return of the ASX300 Total Return Index after taking into account management costs over a 7 year period.
Investment Strategy
An actively-managed, focused share portfolio leveraging our ethical investing philosophy & capability. Invested in 20-35 select shares, predominantly from the S&P ASX300, on the basis of their social, environmental and financial credentials. Benchmark unaware, with a concentration on larger capitalisation stocks.
15% of the Fund’s outperformance (net of management fees and excluding any accrued performance fee) relative to its Benchmark return
0.20% / 0.20%
Distribution
Up to twice per year
30 June & 31 December
To view our important market announcements for this fund please visit Cboe Australia.
1. Australian Ethical has engaged Solactive AG and IHS Markit as iNAV calculation agents to independently calculate and disseminate an iNAV. Both iNAVs are freely available to investors. From time to time there may be differences between the two iNAVs as a result of different calculation methodologies or timing of the data.
The performance data is updated on a monthly basis.
Total returns are calculated:
using the sell (exit) price
net of management fees
gross of tax
as if distributions of income have been reinvested at the actual distribution reinvestment price
the actual returns received by an investor will depend on the timing, buy and exit price of individual transactions.
Figures showing a period of less than one year have not been adjusted to show an annual total return. Figures for periods of greater than one year are on a per annum compound basis.
Return of capital and the performance of your investment in the fund are not guaranteed. Past performance is not a reliable indicator of future performance.
Investment commentary
Check out our latest fund commentary for year to 31 March 2025.
Explore the case studies below to learn more about some of the places we're invested in.
PEXA
PEXA is a world-first digital settlement platform that has revolutionised the way we exchange property in Australia.
PEXA
PEXA (Property Exchange Australia) is a world-first digital settlement platform that has revolutionised the way we exchange property in Australia by providing quicker access to the proceeds of a sale and near real-time tracking on property settlements. PEXA's mission is to reduce the time and paperwork traditionally associated with conveyancing. This streamlined efficiency not only expedites processes but also translates into substantial time and cost savings for clients.
Amidst the pressing challenge of homelessness and housing stress in Australia, PEXA actively collaborates with entities like Homes for Homes, a social enterprise, to mobilise resources and allocate grant funds to community housing providers. This partnership is geared towards creating a sustainable impact by bolstering the supply of affordable and social housing.
PEXA’s innovative solutions and collaborations underline the company’s dedication to addressing critical challenges such as homelessness and housing stress, demonstrating the potential of businesses to make a meaningful impact on both their bottom line and the betterment of society and the environment.
Nuix is a leading governance, risk and compliance software company.
Nuix
Nuix is a leading governance, risk and compliance software company.
They provide advanced data processing and security solutions that safeguard sensitive information, thus ensuring the protection of confidential data. By enabling organizations to efficiently manage and protect their data, Nuix actively mitigates cybersecurity risks and strengthens digital trust in an increasingly data-driven world. This aligns with our principles, emphasising the importance of responsible data management in today's interconnected landscape.
The Nuix platform helps organizations to achieve and maintain regulatory compliance across various industries. By providing tools that facilitate compliance with data protection laws, Nuix not only helps companies avoid legal ramifications but also promotes a culture of transparency and accountability. Nuix technologies are also used by government agencies, including in their regulation of investment markets and to deal with cyber security threats.
Our ethical assessment of Nuix also considers past and ongoing claims against the company and company officers related to inadequate investor disclosure and insider trading.
Through investing in Nuix, we support initiatives that prioritize responsible data management and agree with adherence to legal and ethical standards in the digital age.
Cochlear is a global leader in hearing technology, and has a profound impact on individuals with hearing impairments.
Cochlear
Cochlear is a global leader in hearing technology, and has a profound impact on individuals with hearing impairments.
Their cutting-edge implantable devices have revolutionized the lives of individuals with hearing loss, restoring their ability to hear and engage in the world around them. Their contribution to enhancing quality of life supports principles of inclusivity and accessibility. By providing life-changing solutions, Cochlear not only transforms the lives of individuals but also underscores the importance of technological innovation in healthcare.
By supporting initiatives that promote environmental conservation and community welfare, Cochlear also aims to actively contribute to a more sustainable and inclusive society. One area of concern is animal welfare. Cochlear commissions animal testing in the development of their devices, and although they use some other forms of testing, we are seeking to influence them to do more to minimise the use and suffering of animals.
Our ethical investment approach favours companies and portfolios with stronger sustainability characteristics. The sustainability indicators presented below are for the investment by this option in listed shares at 30 June 2024 for which we have relevant sustainability data.
These listed shares are 94% of total investments of this fund, and the indicators are not applicable to the other investments of the fund.
66% less carbon intensive
The carbon intensity (tonnes of CO2 equivalent per dollar company revenue) for our listed share investments at 30 June 2024 is 66% lower than a mainstream share market benchmark(1,2)
4.5x revenue in sustainable solutions
These listed companies earn 4.5 times the revenue from sustainable solutions at 30 June 2024 than a mainstream share market benchmark(1,3)
1x clean energy solutions
These listed share investments at 30 June 2024 has 1 times the investment in renewables and energy solutions than a mainstream share market benchmark(1,3)
Sustainable Solutions Revenue Breakdown
Below is the estimated annual revenue earned by these listed companies that has been identified as contributing to sustainability goals such as the Sustainable Development Goals. The Sustainable Development Goals were set by the United Nations as a blueprint on how to achieve a better and more sustainable future. Find out more at sdgs.un.org/goals.
This is a general indication only and relates only to 94% of the investments of this option. The revenue is calculated per $1M invested in these listed shares and based on shareholdings at 30 June 2024.
This information is of a general nature and is not intended to provide you with financial advice or take into account your personal objectives, financial situation or needs. The sustainability characteristics of companies we invest in is not a measure of the impact of your investment. Your investment decisions should take into account the financial, risk, fee and other characteristics of potential investments.
This information is only shown for those listed shares where we have the necessary sustainability data. The comparisons are with available data for shares in a general share market benchmark selected as an appropriate investment benchmark ("Benchmark shares").
There is more information about the calculation method and benchmark here
Individuals, Companies and Trusts (including SMSFs): online
You may be asked for IDs for verification purpose. Trusts will also need to provide certified extract of the Trust Deed, and certified ID for each individual trustee.
These are typically used by advisers. If you don’t have an adviser, visit the Responsible Investment Association Australasia or Financial Planning Association to find one.
Enabling technologies
