AMP Capital Sustainable Shares Fund

Product Name

AMP Capital Sustainable Shares Fund

Issuer

AMP Capital

Category

Investment

Type

Fund or Trust

Target

Retail, Wholesale

Certified Since

2019

Asset Classes

Australian only equities

Markets

Australia

Investment Approaches

Negative Screening, ESG Integration

It Includes:

  • Riaa icons 14 Education
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 10 Renewable energy and energy efficiency
  • Riaa icons 15 Social and sustainable infrastructure
  • Tree green background Sustainable land and agricultural management
  • Riaa icons 13 Sustainable transport
  • Riaa icons 31 Sustainable water
  • Investment2 More sustainable companies

It has some level of screening for:

  • Riaa icons 41 Alcohol
  • Riaa icons 56 Animal cruelty
  • Riaa icons 36 Armaments
  • Riaa icons 33 Fossil fuels
  • Riaa icons 42 Gambling
  • Riaa icons 52 Human rights abuses
  • Riaa icons 34 Logging
  • Riaa icons 50 Nuclear power
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

It fully excludes:

    Overview

    The AMP Capital Sustainable Share Fund invests primarily in companies listed on the Australian Securities Exchange. The Fund aims to provide investment returns comparable to the Fund's performance benchmark over the long-term, align with investor values and engage with companies for a better future. AMP Capital will invest in companies which we believe exhibit strong ESG credentials and hold them for the long term, while actively engaging with management to maximise long term investor value. In addition, the Fund aims to have a carbon footprint at least 30% less than the its performance benchmark. We implement an investment process focused primarily on our proprietary environmental, social and governance (ESG)research. We have found that companies which are proactive in taking these factors into account are generally more successful, and subsequently have the potential to add greater investment value, than companies who do not place an emphasis on these factors. AMP Capital was one of the first fund managers to use an ESG approach to gain deeper insights into a company’s growth and risk elements, and actively engages with companies with the aim of further improving their ESG performance.


    Description


    The Fund provides:
    • a true to label investment solution purely exposed to the investment performance of better ESG performing companies 
    • access to AMP Capital’s long term experience as a sustainable investment manager
    • alignment with customer values through exclusion of key negative sectors and poorer ESG performing companies, alongside increased allocation to the top performing ESG companies. 
    The resultant investment portfolio aims:
    • to have a carbon footprint target at least 30% lower than the Fund's performance benchmark, and
    • to prohibit: controversial weapons; all production (0% revenue hurdle) of cluster munitions, anti-personnel landmines, chemical and biological weapons, tobacco and electronic cigarettes; all production (0%revenue hurdle), plus essential or significant involvement in distribution/sale.
    • to exclude (10% revenue threshold) from the production of gambling, alcohol, pornography, weapons, uranium mining/nuclear power, live animal exports and the most emissions intensive forms of fossil fuels (brown coal/lignite power generation, exploration/development of oil sands, transportation of oil from oil sands and coal liquefaction) 1% revenue from the production of thermal coal
    • exposure to the investment expertise of specialists within our social/environmental research and Australian Equities Systematic teams
    • active company engagement by AMP Capital, including with managing directors and key staff to encourage them to improve the company’s ESG performance



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    AMP Capital Ethical Leaders International Share Fund

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