U Ethical Australian Equities Trust - Wholesale

Product Name

U Ethical Australian Equities Trust - Wholesale


U Ethical




Fund or Trust


Wholesale, Institutional

Certified Since


Asset Classes

Australian only equities



Investment Approaches

Negative Screening, Positive Screening

It Includes:

  • Riaa icons 14 Education
  • Riaa icons 32 Green property
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 10 Renewable energy and energy efficiency
  • Riaa icons 15 Social and sustainable infrastructure
  • Riaa icons 31 Sustainable water
  • Investment2 More sustainable companies

It has some level of screening for:

  • Riaa icons 36 Armaments
  • Riaa icons 33 Fossil fuels
  • Riaa icons 42 Gambling
  • Default selected exclusion Predatory lending
  • Riaa icons 35 Tobacco

It fully excludes:

  • Riaa icons 41 Alcohol
  • Riaa icons 56 Animal cruelty
  • Riaa icons 52 Human rights abuses
  • Riaa icons 38 Labour rights violations
  • Riaa icons 50 Nuclear power
  • Riaa icons 99 Pornography


The U Ethical Australian Equities Trust – Wholesale has been developed for the long-term investor, and aims to outperform benchmark after fees over rolling 5-year periods. It invests primarily in Australian shares and listed property trusts, as well as up to 10 per cent in fixed interest and cash.


U Ethical’s investment process ensures that all investment decisions are in keeping with our vision and that they promote careful financial stewardship. This is achieved through the application of positive and negative screens, ESG integration, alignment with the United Nations’ Sustainable Development Goals and engagement with companies—together with a focus on competitive economic returns and sustainability.

Positive screening
Our positive screening seeks out companies that promote human welfare and dignity or environmental sustainability. Examples include companies producing goods or services that enhance the health and welfare of individuals and communities as well as companies producing goods or services that protect our environment. We screen positively for sectors such as: 
• Clean energy and technology 
• Sustainable agriculture 
• Circular economy 
• Employment 
• Community and education services 
• Health care.
Negative screening
Our negative screening evaluates a company’s products, services and practices to ensure they are not detrimental to society or the environment. U Ethical avoids investing in companies that: 
• cause unacceptable damage to the natural environment; 
• infringe on human rights; 
• support oppressive regimes; 
• cause or perpetuate injustice and suffering; and/or 
• have unacceptable occupational health and safety practices. 
Our screening approach means we systematically exclude the following industries due to their inherent negative impacts: 
• Fossil fuels (coal, oil & gas) 
• Uranium mining and nuclear 
• Defence and weapons (civilian, conventional and controversial weapons) 
• Predatory lending 
• Gambling 
• Adult entertainment 
• Animal cruelty 
• Alcohol production 
• Tobacco production.
However, we recognise that there are occasions when companies inadvertently violate these principles and make genuine efforts to rectify this. Furthermore, we generally do not exclude a company where a contravention of the principles constitutes less than 5% of the company’s revenue or earnings. In such instances, the contravention may be outweighed by significantly positive factors.

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

U Ethical Australian Equities Trust - Retail

U Ethical Growth Portfolio

U Ethical International Equities Trust - Wholesale

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