Pendal Multi-Asset Target Return Fund

Product Name	Pendal Multi-Asset Target Return Fund
Issuer	Pendal Group
Category	Investment
Type	Fund or Trust
Target	Wholesale, Institutional
Certified Since	2020

Asset Classes	Diversified / Multi-asset
Markets	Australia
Investment Approaches	Negative Screening, ESG Integration
It Includes:
It has some level of screening for:	Alcohol Armaments Fossil fuels Gambling Human rights abuses Labour rights violations Pornography Tobacco
It fully excludes:
Broker	Responsible Returns
URL	https://www.responsiblereturns.com.au/investment-options/pendal-multi-asset-target-return-fund-1/profile

Overview

The Pendal Multi-Asset Target Return Fund is an actively managed multi-asset class portfolio. The Fund aims to provide a return (before fees, costs and taxes) of Australian CPI plus 5% per annum over rolling five year periods. The Fund takes labour standards, environmental, social and ethical considerations into account when making investment decisions.

Description

The Fund will not invest in companies or issuers directly involved in the following two activities:

tobacco production; and
controversial weapons manufacture (such as cluster munitions, landmines, biological or chemical weapons, depleted uranium weapons, blinding laser weapons,
incendiary weapons, and/or non-detectable fragments).

The Fund will also not invest in companies or issuers directly involved in the following activities, where such activities account for 10% or more of a company’s or issuer’s total revenue:

production of alcohol;
manufacture or provision of gaming facilities;
manufacture of non-controversial weapons or armaments;
manufacture or distribution of pornography;
direct mining of uranium for the purpose of weapons manufacturing; and
extraction of thermal coal and oil sands production.

Investments are reviewed regularly to ensure they remain within the screening criteria of the Fund. If the review process identifies that an investment ceases to comply with the screens, the investment will usually be sold as soon as reasonably practicable having regard to the interests of investors, but this may vary on a case by case basis.

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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.

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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.

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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.

Pendal Multi-Asset Target Return Fund

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