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 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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      Pendal Sustainable Balanced Fund

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      Pendal Sustainable Future Australian Share Portfolio

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