Morphic Global Opportunities Fund

Product Name

Morphic Global Opportunities Fund

Issuer

Morphic Asset Management

Category

Investment product

Type

Fund/Trust

Target

Retail, Wholesale

Certified Since

2017

Certification Symbol

Ethical

Asset Classes

Equities - International markets

Markets

Australia, New Zealand

Investment Approaches

Negative Screening, Positive Screening

It Includes

  • Riaa icons 11 More sustainable companies
  • Investment2 Social impact investments
  • Riaa icons 10 Renewable energy
  • Riaa icons 12 Healthcare & medical products
  • Riaa icons 13 Sustainable transport
  • Riaa icons 14 Education
  • Riaa icons 15 Social & community infrastructure
  • Riaa icons 31 Sustainable water
  • Default selected inclusion No specific inclusions

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 abuses
  • Riaa icons 38 Labour rights violations
  • Riaa icons 56 Animal welfare
  • Riaa icons 36 Armaments
  • Riaa icons 41 Alcohol
  • Riaa icons 42 Gambling
  • Riaa icons 55 Pornography
  • Default selected exclusion No specific exclusions

Overview

The Morphic Global Opportunities Fund seeks to provide longer term capital growth through investing in ethically screened Global shares and using other investments, including derivatives, to manage volatility and other risks in the portfolio. The Fund will aim to outperform the MSCI All Countries Total Return Daily Index in Australian dollars, a broad index covering world share markets, over rolling three year periods. It will also attempt to preserve a degree of capital for investors in falling markets through hedging.


Description


The Fund will be managed in accordance with Morphic’s Ethical Charter (which can be downloaded free of charge at www.morphicasset.com) and labour standards, environmental, social and governance considerations. To achieve the objectives embodied by Morphic’s Ethical Charter, Morphic will seek to build the Portfolio by applying a “negative screen” that prohibits direct investments issued by entities (including their subsidiary entities) in the following industries:

  • Armaments;
  • Tobacco and alcohol production;
  • Gambling;
  • Coal and Uranium mining;
  • Oil and gas extraction;
  • Intensive animal farming and aquaculture; or
  • Logging of rainforest or old growth timber.
Morphic intends to apply a “positive screen” by generally investing a minimum of 5% of the Fund in entities which produce products or services that it considers are likely to improve the planet. The criteria for investments that would fall within the scope of the "positive screen" is set out in the Manager's Ethical Charter. 

Exclusion list is also derived from Norges Bank Investment Managers.

Morphic will monitor and review investments made by the Fund for consistency with the Ethical Charter and labour standards, environmental, social and ethical considerations on a regular basis (and at least annually).

Morphic is also a signatory to the Principles of Responsible Investment (PRI) which entails an explicit commitment to, and the adoption of, six principles which it believes will improve its ability to meet commitments to investors as well as better align our investment activities with the broader interests of society. Decisions about the selection, retention or realisation of investments for the Fund will have regard to these principles. 

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

Morphic Ethical Equities Fund

Find out more