High Conviction Fund (AEAE)
Overview
OBJECTIVE
The fund aims to provide long term capital growth and income from focusing on a relatively concentrated portfolio of Australian and New Zealand companies that meet the Australian Ethical Charter.
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.
Features & benefits
True to the ethical label
High Conviction and true to our ethical label. With an in-house ethics research team, whose ongoing analysis underpins all our investments.
Concentrated portfolio
The Fund utilises an active bottom up stock picking approach applied to a concentrated portfolio of mid-large cap equities on the ASX 300.
Double active
Active ethical screening and stock picking. Designed to meet Australian investor’s ethical and financial expectation.
Fund facts
Equity
|
S&P/ASX 300 Accumulation Index
|
|
01/10/2021
|
AEAE
|
|
RECOMMENDED MINIMUM INVESTMENT TIMEFRAME |
At least 7-10 years |
---|---|
RISK LEVEL |
Very high |
isin code |
AU60AUG79196 |
apir code |
AUG7919AU |
distribution frequency |
Up to twice per year |
distribution dates |
30 June & 31 December |
management costs |
0.80% p.a. |
PERFORMANCE FEE |
15% of the Fund’s outperformance (net of management fees and excluding any accrued performance fee’) relative to its Benchmark return |
ADDITIONAL TRANSACTIONAL & OPERATIONAL COSTS |
0.05% (estimated) |
BUY/SELL SPREAD |
0.20% / 0.20% (estimated) |
To view our important market announcements for this fund please visit Cboe Australia.
*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.
A full explanation of all the fees and costs that you may be charged for investing in the Fund is provided in the Fund’s Product Disclosure Statement and the fee information page.
$0.93m
|
Equity
|
|
S&P/ASX 300 Accumulation Index
|
At least 7-10 years
|
|
01/10/2021
|
Very high
|
MINIMUM INITIAL INVESTMENT |
$25,000 |
---|---|
INCEPTION DATE |
01/10/2021 |
isin code |
AU60AUG79196 |
apir code |
AUG7919AU |
distribution frequency |
Up to twice per year |
distribution dates |
30 June & 31 December |
management costs |
0.80% p.a. |
PERFORMANCE FEE |
15% of the Fund’s outperformance (net of management fees and excluding any accrued performance fee’) relative to its Benchmark return |
ADDITIONAL TRANSACTIONAL & OPERATIONAL COSTS |
0.05% (estimated) |
BUY/SELL SPREAD |
0.20% / 0.20% (estimated) |
A full explanation of all the fees and costs that you may be charged for investing in the Fund is provided in the Fund’s Product Disclosure Statement and the fee information page.
Portfolio
Top 10 Holdings | Allocation |
---|---|
BANK OF QUEENSLAND LIMITED | 6.4% |
WESTPAC BANKING CORPORATION ORD F/PD SHARES | 5.8% |
SUNCORP GROUP LIMITED | 5.7% |
TELSTRA CORPORATION LTD | 4.7% |
COLES GROUP LTD | 4.4% |
FLETCHER BUILDING LIMITED | 4.3% |
CONTACT ENERGY LTD | 4.2% |
ORORA LTD | 4.1% |
HEALIUS LTD | 4.1% |
TPG TELECOM LTD TPM-VHA MERGED COMPANY DEFERRED DELIVERY | 4.1% |

Unique investing approach
Mike Murray, Australian Ethical’s Head of Domestic Equities goes in-depth about our unique ethical investing process with Peter White from The Inside Network.
Performance
As at 30 April 2022 | FUND (WHOLESALE PF) | BENCHMARK |
1 MONTH | 0.7% | -0.8% |
3 MONTHS | 9.8% | 8.2% |
6 MONTHS | 1.8% | 3.4% |
1 YEAR P.A. | - | - |
3 YEARS P.A. | - | - |
5 YEARS P.A. | - | - |
10 YEARS P.A. | - | - |
SINCE INCEPTION P.A. | 0.4% | 3.5% |
Past performance is not a reliable indicator of future performance.
Total returns are calculated using the sell (exit) price, net of management fees and 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 prices of individual transactions. Return of capital and the performance of your investment in the fund are not guaranteed. 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. The current benchmark may not have been the benchmark over all periods shown in the above chart and tables. The calculation of the benchmark performance links the performance of previous benchmarks and the current benchmark over the relevant time periods.
Resources
Directly with AE
Complete our online or paper application form. You may be asked for your IDs for verification purposes.
As an ETF
Go to your online trading platform or contact your stockbroker to place a buy order for AEAE.
Through a platform
Our funds are available on a range of platforms, which are typically used by advisers. If you don’t have an adviser but would like to find one, visit the Responsible Investment Association Australasia or the Financial Planning Association.