U Ethical Enhanced Cash Trust

Product Name

U Ethical Enhanced Cash Trust

Issuer

U Ethical

Category

Investment

Type

Fund or Trust

Target

Retail

Certified Since

2005

Asset Classes

Cash

Markets

Australia

Investment Approaches

Negative Screening, Positive Screening

It Includes:

  • Riaa icons 14 Education
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 10 Renewable energy and climate change solutions
  • Riaa icons 15 Social and sustainable infrastructure
  • Tree green background Sustainable land and agricultural management
  • Riaa icons 13 Sustainable transport
  • Riaa icons 31 Sustainable water
  • Investment2 More sustainable companies

It fully excludes:

  • Riaa icons 41 Alcohol
  • Riaa icons 56 Animal cruelty
  • 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 34 Logging
  • Riaa icons 50 Nuclear power
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

Overview

The U Ethical Enhanced Cash Trust is a flexible, competitive investment account that won't lock away your money. The Trust pays an attractive rate of interest and funds are available within 24 hours. What's more, all you need is $100 to open your account and you start earning straight away. The U Ethical Enhanced Cash Trust invests directly in the U Ethical Enhanced Cash Portfolio.


Description


The Ethical Investment Policy contains a negative screen which restricts investment in securities with a material exposure to the following excluded activities: armaments, uranium, gambling, animal cruelty, alcohol production, tobacco manufacturing, pornography, thermal coal mining and export, and non-conventional oil and gas extraction. We do apply a 5% threshold, where we will consider investing in a company if the excluded activity amounts to less than 5% of revenue and we feel the positive aspects of the company outweigh the negative. 
 
U Ethical Funds Management will also not invest in companies whose products, services and practices cause or perpetuate injustice and suffering, infringe human rights, cause unacceptable damage to the natural environment, have unacceptable environmental management practices, support oppressive regimes, or have unacceptable occupational health and safety practices. 
 
The Positive Screen applied ensures that at least 10% of the fund is directed towards activities which have a positive effect on either society or the environment. This includes: clean energy, sustainable agriculture, recycling, employment, health care, education and community services. 

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

U Ethical Enhanced Cash Portfolio

U Ethical Australian Equities Trust

U Ethical Australian Equities Portfolio

U Ethical Growth Portfolio

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