Pendal Sustainable International Share Fund

Product Name

Pendal Sustainable International Share Fund

Issuer

Pendal Group

Category

Investment product

Type

Fund/Trust

Target

Wholesale

Certified Since

2017

Certification Symbol

Responsible Investment

Asset Classes

Equities - International markets

Markets

Australia

Investment Approaches

Best of sector, Negative Screening, Active ownership & Stewardship: Consistent with the Fund’s focus on sustainable and ethical investments, the Fund’s proxy voting policy generally supports shareholder proposals advocating ESG related activities including proposals advocating enhanced disclosure and transparency.

It Includes

  • Riaa icons 11 More sustainable companies
  • Riaa icons 10 Renewable energy
  • Riaa icons 32 Green property
  • Riaa icons 12 Healthcare & medical products

It Excludes

  • Riaa icons 33 Fossil fuels
  • Riaa icons 35 Tobacco
  • Riaa icons 52 Human rights abuses
  • Riaa icons 38 Labour rights violations
  • Riaa icons 36 Armaments
  • Riaa icons 41 Alcohol
  • Riaa icons 42 Gambling
  • Riaa icons 55 Pornography

Overview

The Pendal Sustainable International Share Fund is an actively managed portfolio of international shares. Investments are selected on a range of sustainable, ethical and financial criteria. The Fund aims to provide a return (before fees, costs and taxes) that exceeds the MSCI World ex Australia (Standard) Index (Net Dividends) in AUD by 2% p.a. over rolling 3 year periods


Description


The Fund offers investors access to a diversified portfolio of international shares and seeks exposure to companies that demonstrate leading ethical and environmental, social and corporate governance (ESG) practices while avoiding exposure to companies with activities that we consider to negatively impact the environment or society.
 The Fund will not invest in companies with material business involvement in the following activities:
 • production of tobacco or alcohol,
 • manufacture or provision of gaming facilities,
 • manufacture of weapons or armaments,
 • manufacture or distribution of pornography,
 • directly mine uranium for the purpose of weapons manufacturing,
 • extraction of thermal coal and oil sands production.
 We consider that a company has a material business involvement in an activity if 10% or more of its total revenue is derived from that activity.
 
As the investment manager for the Fund, AQR’s investment process is based on their quantitative investment strategies and aims to add value through active stock and industry selection and investment research. AQR employs a systematic investment process to maintain a highly diversified and risk controlled portfolio.
 By incorporating ESG-related factors as an input into the multi-factor stock selection approach, the portfolio is able to favour companies that score better across all factors on average.

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

Pendal Sustainable Balanced Fund

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Pendal Sustainable International Fixed Income Fund

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Pendal Sustainable Future Australian Share Portfolio

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