Local Government Super Balanced

Product Name	Local Government Super Balanced
Issuer	Local Government Super
Category	Superannuation
Type	Superfund/Pension
Target	Retail
Certified Since	2016

Asset Classes	Diversified / Multi-asset
Markets	Australia
Investment Approaches	ESG Integration, Negative Screening
It Includes:	Education Green property Healthcare and medical products Impact investments Renewable energy and energy efficiency Social and sustainable infrastructure Sustainable land and agricultural management Sustainable transport Sustainable water More sustainable companies
It has some level of screening for:	Armaments Gambling Human rights abuses Labour rights violations Logging Nuclear power Tobacco
It fully excludes:
Broker	Responsible Returns
URL	https://www.responsiblereturns.com.au/investment-options/local-government-super-balanced/profile

Overview

Balanced web page: The Balanced strategy generally invests a proportion of its funds in growth assets such as Australian and international equities and property, semi liquids and private equity and the balance in income-producing assets, such as interest-bearing securities. This combination offers real investment growth above the CPI rate over a 3 year period. There are more assets that produce income, which makes the strategy more stable than the High-Growth and Balanced Growth strategies. Objective: 2% above CPI Risk Profile: Medium Time horizon: 3 years PDS: Invests a proportion of funds in growth assets, such as shares and property, in combination with income-producing assets, such as interest-bearing securities. May be suitable for members seeking investment growth over the medium term with less volatility. Objective: 2.0% net return p.a. above CPI over a rolling 10-year period. Risk profile: The emphasis is still on growth, but with more stability than might be expected in High Growth or Balanced Growth. Standard Risk Measure: Risk band: 4; Risk label: Medium (Based on an estimate of 2.3 negative annual returns in any 20-year period)

Description

This product is responsibly invested across different asset classes with a focus on investments in solar & wind farms, clean technology projects, hospitals & schools, green property portfolio, water efficiency etc.

Investment restrictions applied to this product are:

LGS will not actively invest in companies that derive any revenue from:
Controversial weapons - including the manufacture and/or production of controversial weapons such as land mines, cluster bombs and nuclear weapons.
Tobacco - including the manufacture and/or production of tobacco products.
LGS will not actively invest in companies that derive 10% or more of their revenue from:
Armaments - including the manufacture and/or production of armaments.
Gambling - including the manufacture and/or production of gambling machines and services and/or ownership of outlets housing these machines.
Old growth logging - including involvement in logging of old growth forests.
Uranium mining/nuclear - including involvement in uranium mining and production of nuclear energy.
LGS will not actively invest in companies that derive 33.3% or more of their revenue from:
High carbon sensitive activities - including coal mining, oil tar sands and coal fired electricity generation.
LGS will not actively invest in companies that are identified as:
High ESG risk - including poor governance and management of ESG risks.

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.

Local Government Super Balanced

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