AMP Capital Ethical Leaders Conservative Fund

Product Name	AMP Capital Ethical Leaders Conservative Fund
Issuer	AMP Capital NZ
Category	Investment
Type	Fund or Trust
Target	Retail, Wholesale
Certified Since	2007

Asset Classes	Diversified / Multi-asset
Markets	New Zealand
Investment Approaches	ESG Integration
It Includes:	Education Green property Healthcare and medical products Renewable energy and energy efficiency Social and sustainable infrastructure Sustainable land and agricultural management No specific themes More sustainable companies
It has some level of screening for:	Alcohol Animal cruelty Armaments Fossil fuels Gambling Genetic engineering Human rights abuses Labour rights violations Nuclear power Pornography Tobacco
It fully excludes:
Broker	Responsible Returns
URL	https://www.responsiblereturns.com.au/investment-options/amp-capital-ethical-leaders-conservative-fund/profile

Overview

The Ethical Leaders Conservative Fund is managed to specific ‘responsible investment’ criteria which prohibit investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance characteristics. An investment process is employed that combines financial analysis with a sustainability focus. The portfolio takes a responsible investment approach, which integrates environmental, social and governance factors while avoiding companies or industries with recognised high negative social impact and encourages investment in companies with strong environmental, social and governance characteristics. This fund is governed by the Ethical Leaders Charter.

Description

The AMP Capital Ethical Leaders Funds have a clear mission – to invest for the long term while making the world a better place. The Funds are governed by an Ethical Leaders Charter, which provides minimum environmental social and governance requirements for the underlying managers. This Charter outlines key areas of positive focus for investment which takes into account environmental, social, governance, labour standards and ethical considerations. It also means ruling out companies making significant money – more than 10% of their revenue – from industries we believe have a negative impact.

Specifically, the AMP Capital Ethical Leaders Balanced Fund will avoid exposure (either directly or indirectly through underlying managers and funds) to companies with a material exposure (more than 10% of total revenue) to the production or manufacture of tobacco, nuclear power (including uranium), armaments, gambling, alcohol and pornography. However, those companies involved in the production of tobacco or ‘controversial weapons’ (land mines, cluster munitions, nuclear weapons and biological or chemical weapons), or essential components of them, a zero-revenue materiality test applies.

In addition, the AMP Capital Ethical Leaders Balanced Fund seeks to limit exposure to companies which have a material exposure to the most carbon intensive fossil fuels by excluding any company that has more than a 10% exposure to one, or a combination of, the following: mining thermal coal, exploration and development of oil sands, brown-coal (or lignite) coal-fired power generation, transportation oil from oil sands, or conversion of coal to liquid fuels/feedstock.

Performance results

Product holdings

Product documentation

Supporting documents

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The products featured on this site have all achieved certification under the Responsible Investment Association Australasia’s (RIAA) Responsible Investment Certification Program.

Transparency & Verification

What sets these investment products aside from regular ones on the market is they all have some type of responsible or ethical strategy applied to them.

At a minimum, their issuers explain these strategies in public documents and open their offices and books to third party verifiers who check these strategies are implemented according to what you read about them publicly.

You can also click through to see the underlying managers and / or stock holdings in each certified product as well as access a certified product’s recent performance results.

Stewardship & Impact

In July 2019, we lifted our requirements of certified products which we are phasing in over 18 months.

We now require that issuers have organisation-wide commitments to responsible investing and they exercise their responsibilities as stewards of your money - through engaging with companies to improve sustainability performance and voting on shareholder resolutions where possible. All certified products now need to at least avoid significant harm and their issuers will annually report against any sustainability-based claims made by their products. This uplift in program standards is part of our passion for, and on-going commitment to, responsible and ethical investing.

Even though we're lifting the bar, we know your convictions to doing good with your money may be higher and so we have served up our member's certified products with a large dose of transparency and independent verification, so that you can draw your own conclusions from reliable information and choose investments that best suit your individual needs.

*Information Disclosures

While all reasonable efforts are undertaken to ensure information and links on site are current there may be instances where information and documents are updated during the course certification (eg. PDS, Fact Sheet). Certified product issuers are required to update this information as soon as possible on the Responsible Returns site, but there may be some extenuating circumstances impacting timeframes.

The certification program may also assess information provided for certification based on proposed future changes to a responsible investment process that is in-line with Responsible Investment Association Australasia’s (RIAA) Responsible Investment Certification Program criteria. In such instances, members are similarly required to update this information on Responsible Returns within an agreed future timeframe. Old document versions may be reflected on site until this process is finalised.

AMP Capital Ethical Leaders Conservative Fund

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