To provide long-term growth by investing in large, mid and small cap companies in Australia and New Zealand that meet the Australian Ethical Charter.
|Minimum investment timeframe||7 years|
|Risk level||Very high|
|Investors that the fund may suit||Members seeking capital growth through long-term investments who have a higher tolerance for risk.|
Strategic asset allocation*
|Asset class||Strategic Range %||Actual Allocation %|
|Cash||0 - 20||9.5|
|Australian and New Zealand shares^||80 - 100||90.5|
*This information is current as at 30 June 2021 and is subject to change.
^No more than 20% of the option's exposure to Australian and New Zealand shares will come from securities listed on the New Zealand stock exchange.
^Up to 20% of the Fund's assets may be allocated to shares not listed in Australia or New Zealand.
Performance & unit prices
80% less carbon intensive
than the Benchmark shares1
Zero fossil fuel reserves
We have no investments in coal mining, fossil fuel or gas companies.2
More than 10x renewable power generation
from the Option’s investments compared to Benchmark shares.3
Sustainable Impact Revenue
To give an indication of the impact of some of the listed companies this option invests in, below is the estimated annual revenue earned by those companies that can be attributed to products and services that contribute to sustainable impact solutions.
This information is only shown for those listed shares this option is invested in where we have the necessary 'sustainable impact revenue data'. We have compared that data against shares in a general share market benchmark which also have relevant 'sustainable impact revenue data' ("Benchmark shares").
The impact revenue is calculated per $1M invested in shares and based on shareholdings at 30 June 2021.
This information is of a general nature and is not intended to provide you with financial advice or take into account your personal objectives, financial situation or needs. This 'impact data' is not the only basis upon which you should make an investment decision and this information should not be taken as a recommendation to buy, sell or hold a particular financial product.
Although the AE Option(s) shares may represent higher sustainable impact revenue, there are other factors that you should consider such as fees, risk, investment timeframe and objectives. Please note that past performance is not a reliable indicator of future performance. Before acting on the information, consider its appropriateness to your circumstances and read the product disclosure statement (PDS) available on our website. You may wish to seek financial advice from an authorised financial adviser before making an investment decision.
1. The carbon intensity (tonnes CO2e/A$M revenue) of an investment is calculated as the investor's share of annual carbon emissions of the companies invested in (including their direct and some indirect emissions), divided by the investor's share of annual revenue earned by those companies.
2. Our investment exclusions include some exceptions and tolerances. See our ethical criteria for more information including examples of revenue tolerances. As an example, we don’t invest in companies whose main business is fossil fuels, or in diversified companies that earn some fossil fuel revenue and aren't creating positive impact with their other activities. We may invest in a diversified company which is having a positive impact in other ways such as producing renewable energy, providing its negative revenue is sufficiently low (a maximum of 5% to 33% depending on the activity).
3. Investment in renewable power (A$M invested) of an investment is the proportion of the investment invested in renewable energy technology.
For the information on this page we have used data and analysis tools accessed 14 and 19 July 2021 provided by MSCI ESG Research LLC and 2° Investing Initiative. Neither of these external parties is responsible for the way we have used their data and tools to calculate this information. We present the comparisons only for investment in listed shares in those companies for which the external parties provide the relevant data. MSCI ESG Research (a) retains copyright in all its data; (b) does not warrant or guarantee the originality, accuracy and/or completeness of their data; (c) makes no express or implied warranties of any kind, and disclaims all warranties of merchantability and fitness for a particular purpose; (d) has no liability for any errors or omissions in connection with their data or for our reporting and use of their data; and (e) without limiting any of the foregoing, has no liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.