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:

    • Riaa icons 41 Alcohol
    • Riaa icons 36 Armaments
    • Riaa icons 33 Fossil fuels
    • Riaa icons 42 Gambling
    • Riaa icons 52 Human rights abuses
    • Riaa icons 38 Labour rights violations
    • Riaa icons 99 Pornography
    • Riaa icons 35 Tobacco

    It fully excludes:

      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.

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

      Pendal Global Select Fund

      Pendal Horizon Fund (formerly Ethical Share Fund)

      Pendal Sustainable Australian Fixed Interest Fund

      Pendal Sustainable Australian Share Fund

      Pendal Sustainable Balanced Fund

      Pendal Sustainable Conservative Fund

      Pendal Sustainable Future Australian Share Portfolio

      Pendal Sustainable International Fixed Interest Fund

      Pendal Sustainable International Share Fund

      Sign up to learn more and get updates on ethical and responsible investing