AMP Capital Responsible Investment Leaders NZ Growth Fund

Product Name

AMP Capital Responsible Investment Leaders NZ Growth Fund

Issuer

AMP Capital NZ

Category

Investment product

Type

Fund/Trust

Target

Retail, Wholesale

Certified Since

2007

Certification Symbol

Responsible Investment

Asset Classes

Diversified / Balanced

Markets

New Zealand

Investment Approaches

Negative Screening, ESG Integration, Engagement

It Includes

  • Riaa icons 11 More sustainable companies

It Excludes

  • Riaa icons 33 Fossil fuels
  • Riaa icons 34 Logging
  • Riaa icons 35 Tobacco
  • Riaa icons 50 Nuclear energy (including uranium)
  • Riaa icons 52 Human rights violations
  • Riaa icons 38 Labour rights violations
  • Riaa icons 56 Animal cruelty
  • Riaa icons 36 Armaments
  • Riaa icons 41 Alcohol
  • Riaa icons 42 Gambling
  • Riaa icons 55 Pornography
  • Riaa icons 45 Genetic engineering

Overview

A diversified strategy that blends asset classes and investment managers, with the objective of providing investors with competitive returns over a range of markets. We combine a stringent investment approach with a responsible investment philosophy, outlined in the fund’s Charter of Operation. An Ethics Committee fulfils an environmental, social and governance (ESG) oversight role for the fund.


Description


 

Companies that demonstrate the most socially and environmentally sustainable performance outcomes in sectors such as renewable energy, health care, education and training, waste management and mass transport are included, if the investment case can be made.

 

Additionally, companies are included that exhibit good environmental practices. In assessing this, the investment manager may have regard to environmental standards, particularly domestic and international environmental law, a company's level of development of environmental management systems, such as the ISO 14001 environmental management standard and environmental performance outcomes.

 

Companies are also included if they exhibit good work practices. In assessing this the investment manager may have regard to labour standards, particularly occupational health and safety and human resource management and workplace relations. Companies may also be included if they establish good corporate governance procedures and ethics. This analysis focuses on the manner in which organisational values are established, embraced and reported both within and outside an organisation (e.g. clear and coherent codes of conduct and compliance with corporate governance standards), and the way in which these values are reflected in the company's management processes (e.g. policies regarding director share ownership, remuneration procedures and forward-looking succession planning.)

 

Exclusions note - Fossil Fuels: Direct fossil fuels only. The fund excludes companies where more than 20% of the value of the company comes from thermal coal mining, brown coal power generation, coal to gas or liquid production, oil sands production and pipeline infrastructure associated with oil sands production.

 

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