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 (Fund) is an actively managed multi-asset class portfolio that invests in Australian and international shares, Australian and international listed property securities, Australian and international fixed interest, cash and alternative investments. Investment Return Objective: the Fund aims to provide a return (before fees, costs and taxes) of AustralianCPI^ plus 5% per annum over rolling five year periods. The suggested investment timeframe is 5 years or more.

Description

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

the 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.

Sustainability practices
We actively seek investments in industries and companies assessed as demonstrating and/or offering leading environmental and social practices, products or services.

Leading Industries
Industries offering products and services that provide a direct benefit to social and/or environmental outcomes such as:

Environmental management or remediation
Environmental technologies
Energy efficiency and renewable energy
Low-impact products or products that reduce ecological footprint
Sustainable buildings and property development
Sustainable land use and food production
Improved health and community wellbeing

The sustainable and ethical investment practices outlined above are currently incorporated into the Australian and international shares, Australian and international fixed interest and part of the Alternative investments components of the Fund. All other investments by the Fund are not assessed for sustainable and ethical investment practices.

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.

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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.

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.

Pendal Multi-Asset Target Return Fund

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