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:

  • Riaa icons 14 Education
  • Riaa icons 32 Green property
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 11 Impact investments
  • 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 36 Armaments
  • Riaa icons 42 Gambling
  • Riaa icons 52 Human rights abuses
  • Riaa icons 38 Labour rights violations
  • Riaa icons 34 Logging
  • Riaa icons 50 Nuclear power
  • Riaa icons 35 Tobacco

It fully excludes:

    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. 

    Other products certified by the Responsible Investment Association Australasia (RIAA)

    Local Government Super Balanced Growth

    Local Government Super Conservative

    Local Government Super High Growth

    Local Government Super Managed Cash

    Local Government Super Whole of Fund

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