Bendigo Socially Responsible Growth Fund

Product Name

Bendigo Socially Responsible Growth Fund

Issuer

Sandhurst Trustees

Category

Investment

Type

Fund or Trust

Target

Retail, Wholesale

Certified Since

2016

Asset Classes

Diversified / Multi-asset

Markets

Australia

Investment Approaches

ESG Integration, Negative Screening

It Includes:

  • Investment2 More sustainable companies

It has some level of screening for:

  • Riaa icons 41 Alcohol
  • Riaa icons 56 Animal cruelty
  • Riaa icons 42 Gambling
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

It fully excludes:

    Overview

    The Fund adopts a responsible investment process that takes into account environmental, social and corporate governance (ESG) considerations by primarily investing with ESG conscious investment managers. The Fund is diversified ensuring risk is spread across multiple asset classes including Australian and international shares, property and infrastructure, fixed interest and cash.


    Description


    Sandhurst targets a minimum level of 75% of the Fund will be allocated to asset managers who incorporate environmental, social and corporate governance considerations into their asset selection. ESG considerations are primarily applied to listed shares (both Australian and international) and fixed interest assets.

    Asset managers may consider the following when selecting assets:

    Environmental – where strategies and actions look to address specific environmental issues, management of environmental impacts and integration of production processes with more durable, recyclable or renewable alternatives.
    Social and Ethical – the social impact of activities, including community involvement, engagement and indigenous relations, meeting basic fundamental human rights and labour standards.
    Governance – the evaluation of a governance structure, board independence and gender diversification, remuneration, bribery and corruption and shareholders rights.

    The Fund has an objective of entirely excluding investments in companies that manufacture tobacco or tobacco related products and controversial weapons.  Controversial weapons include anti-personnel landmines, cluster munitions, chemical, biological and nuclear weapons. 

    Other activities Sandhurst monitors and aims to reduce are adult entertainment, alcohol, gambling, animal testing and companies with high event controversy.

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