High Conviction Fund (AEAE)
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 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.
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
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 investors' ethical and financial expectations
Fund facts
Equity
|
S&P/ASX 300 Accum
|
|
01/10/2021
|
AEAE
|
|
RECOMMENDED MINIMUM INVESTMENT TIMEFRAME |
7 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 fees & costs |
0.69% 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 |
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.
A full explanation of all the Fund features including 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. For further information about the Fund and how we assess investments using our Ethical Criteria, please read the Additional Information Booklet and the Ethical Guide.
$0.93m
|
Equity
|
|
S&P/ASX 300 Accum
|
7 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 fees & costs |
0.69% 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 |
TRANSACTION COSTS |
0.00% |
BUY/SELL SPREAD |
0.20% / 0.20% |
A full explanation of all the Fund features including 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. For further information about the Fund and how we assess investments using our Ethical Criteria, please read the Additional Information Booklet and the Ethical Guide.
1. The current benchmark may not have been the benchmark over all periods shown.
Portfolio
Top 10 Holdings | Allocation |
---|---|
SUNCORP GROUP LIMITED | 6.6% |
ORORA LTD | 6.3% |
CONTACT ENERGY LTD | 5.9% |
WESTPAC BANKING CORPORATION ORD F/PD SHARES | 5.4% |
RESMED INC | 4.9% |
TPG TELECOM LTD TPM-VHA MERGED COMPANY DEFERRED DELIVERY | 4.6% |
BANK OF QUEENSLAND LIMITED | 4.4% |
PEXA GROUP LTD | 4.3% |
DOWNER EDI LIMITED | 4.3% |
FLETCHER BUILDING LIMITED | 4.1% |
Performance
Fund | Benchmark | |
---|---|---|
-6.6% | -3.8% | |
-12.1% | -7.3% | |
-9.2% | -5.4% | |
-3.3% | 2.5% | |
- | - | |
- | - | |
- | - | |
-5.5% | 0.0% |
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.

Resources
Ways to invest
Directly with Australian Ethical
Complete our online or paper application form. You may be asked for your IDs for verification purposes.
Through a platform
You could also invest through 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.
See available platformsAs an ETF
Go to your online trading platform or contact your stockbroker to place a buy order for AEAE.
Learn more