Local Government Super Managed Cash

Product Name

Local Government Super Managed Cash

Issuer

Local Government Super

Category

Superannuation

Type

Superfund/Pension

Target

Retail

Certified Since

2016

Asset Classes

Cash

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

    The Managed Cash strategy is for investors who want exposure to investments in money market securities with a very low risk of capital loss. The Managed Cash strategy invests predominantly in short-term Australian money market assets and term deposits. A proportion of the assets are invested in floating rate debt securities issued by Australian banks having a longer maximum term. This gives this strategy greater exposure to higher returns than by just investing in short-term cash deposits, with only a small increase in the overall volatility of the returns. This option offers investments for short-term investors or those seeking less volatile returns. Objective: 0.2% above CPI Risk Profile: Very Low Time horison: 2 years


    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. 

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