U Ethical Growth Portfolio

Product Name

U Ethical Growth Portfolio

Issuer

U Ethical

Category

Investment

Type

Fund or Trust

Target

Retail, Wholesale

Certified Since

2005

Asset Classes

Diversified / Multi-asset

Markets

Australia

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 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

U Ethical Growth Portfolio is a managed ethical growth portfolio with a strategic asset allocation which invests in a blend of Australian and international equities, listed property trusts, and cash and fixed interest securities. It is designed for entities with tax concession status.


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 Trust

U Ethical Enhanced Cash Portfolio

U Ethical Australian Equities Trust

U Ethical Australian Equities Portfolio

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