Product Name |
Christian Super Whole of Fund |
Issuer |
Christian Super |
Category |
Superannuation |
Type |
Superfund whole of fund |
Target |
Retail |
Certified Since |
2016 |
Asset Classes |
Diversified / Multi-asset |
Markets |
Australia |
Investment Approaches |
Negative Screening, Positive Screening |
It Includes: |
|
It fully excludes: |
|
| Broker | Responsible Returns |
| URL | https://www.responsiblereturns.com.au/investment-options/christian-super-whole-of-fund/profile |
Education
Green property
Healthcare and medical products
Impact investments
Renewable energy and climate change solutions
Social and sustainable infrastructure
Sustainable land and agricultural management 
Sustainable transport
Sustainable water
More sustainable companies
Alcohol
Animal cruelty
Armaments
Fossil fuels
Gambling
Genetic engineering
Human rights abuses
Labour rights violations
Nuclear power 
Pornography
TobaccoOverview
There are currently only three superannuation funds that have gained certification in RIAA's Superfund Whole of Fund category. This means that aside from all of the required disclosures related to responsible investment strategy, holdings and performance, these superannuation funds also have at least 75% of their total fund, across all assets, managed under at least two responsible investment strategies.
Description
or Christian Super, being ethical means more than just integrity and honesty in how we deal with members and stakeholders. It also means developing an investment strategy that focuses on investments that support core Christian beliefs including – the authority of God, respect for human life and the importance of caring for God’s creation.
As part of our responsible investment strategy we invest in corporations that care for people and God’s creation, who demonstrate sound ethical practices and meet performance standards in their social, environmental and financial stewardship.
Additionally, we avoid investments in corporations that engage in producing goods or services that have addictive or harmful effects on people (e.g. illicit drugs, gambling, tobacco, pornography); engage in activities that are excessively harmful to the environment; or practices that are predatory or exploitative or which abuse human freedom or dignity.
Our involvement-based exclusions and their thresholds are listed below.
As part of our responsible investment strategy we invest in corporations that care for people and God’s creation, who demonstrate sound ethical practices and meet performance standards in their social, environmental and financial stewardship.
Additionally, we avoid investments in corporations that engage in producing goods or services that have addictive or harmful effects on people (e.g. illicit drugs, gambling, tobacco, pornography); engage in activities that are excessively harmful to the environment; or practices that are predatory or exploitative or which abuse human freedom or dignity.
Our involvement-based exclusions and their thresholds are listed below.
Alcohol
- > 5% revenue from alcoholic beverage production
- > 20% revenue from alcoholic beverage distribution.
- The Fund will seek to avoid investment into companies that are below the 20% distribution limit but have irresponsible sales practices.
Cannabis
- > 5% revenue from the production of cannabis and its related products for recreational use
- > 20% revenue from the distribution of cannabis and its related products for recreational use
Fossil Fuels
Christian Super will exclude companies deriving more than 5% of their revenue from the following activities:
- Thermal coal mining
- Coal-fired power generation
- Oil sands exploration and development
- Oil shale exploration and development (not to be confused with shale oil or shale gas)
Gambling
Christian Super will exclude companies deriving more than 5% of their revenue from the following activities:
- Operation or ownership of gambling establishments e.g. casinos, online gambling sites, race tracks
- Production of gambling machines e.g. slot machines, video lottery terminals
- Production of gambling software
Sanctity of Life
Christian Super affirms the belief in life from conception (i.e. when a sperm fertilises an egg to become a zygote), and will seek to exclude companies involved in the direct service of abortion or drugs intended to induce abortion. These include:
- All abortion pills (e.g. RU486) and other medications designed to induce abortion.
- All intrauterine devices (IUDs), such as copper IUDs or levonorgestrel (LNG) IUDs that are known to prevent or specifically claim to prevent implantation.
- All oral contraceptives (including emergency contraceptives) that are known to prevent or specifically claim to prevent implantation.
Sex Industry
- Any company involved in the production or development of inappropriate adult products or adult entertainment
- > 5% of revenue from the distribution of adult entertainment and inappropriate products.
Stem Cells
Christian Super recognises the benefits to medical science that research around stem cells poses. However, given the destruction of life involved in embryonic stem cell research, Christian Super will exclude any company involved in stem cell research that involves the destruction of human embryos.
Tobacco
- > 2% revenue from the production of tobacco products
- > 10% revenue from the distribution of tobacco products
Military Weapons and Firearms
- > 5% revenue from the manufacture of military weapons and small firearms (such as pistols, handguns, rifles, shotguns, and handheld automatic or semi-automatic weapons and ammunition for such weapons). This includes the production of key components that are specifically designed for and are directly linked to the lethality of these weapons.
- > 10% revenue from the distribution of small firearms (such as pistols, handguns, rifles, shotguns, and handheld automatic or semi-automatic weapons and ammunition for such weapons).
Controversial Weapons
Controversial weapons are weapons which are indiscriminate in targeting and disproportionate in impact, on civilian populations; the effects of which may continue long after initial deployment. These include atomic, biological or chemical weapons, as well as anti-personnel land mines and cluster munitions.
Christian Super will apply an absolute exclusion to any company involved in the production or distribution of controversial weapons. This includes the production of key components that are specifically designed for and are directly linked to the lethality of these weapons.
Other products certified by the Responsible Investment Association Australasia (RIAA)
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Christian Super Ethical High Growth |
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Christian Super Ethical Stable |
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Christian Super My Ethical Super |
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Christian Super Ethical Cash |
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Christian Super Ethical Conservative Balanced |