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
TRANSACTION COSTS
0.00%
BUY/SELL SPREAD
0.20% / 0.20%
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 High Conviction Fund commentary for the quarter ended 30 September 2023.
