DOCSLIB.ORG

Generations Investment Options Product Disclosure Statement, Issue Number 14, Dated 10 December 2020 (‘Original PDS’)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Generations Investment Options Product Disclosure Statement, Issue Number 14, Dated 10 December 2020 (‘Original PDS’) Issue number ₁₄, ₁₀ December ₂₀₂₀ Generations® investment options Product disclosure statement National Mutual Funds Management Ltd ABN 32 006 787 720 AFS Licence No. 234652 ipac asset management limited ABN 22 003 257 225 AFS Licence No. 234655 ® Registered trademark of NMMT Limited ABN 42 058 835 573 Generations® investment options Supplementary product disclosure statement This is a Supplementary Product Disclosure Statement (‘SPDS’) to the Generations investment options Product Disclosure Statement, issue number 14, dated 10 December 2020 (‘Original PDS’). This SPDS must be read together with the Original PDS dated 10 December 2020 available on www.northonline.com.au/generations or by calling Client Services on 1800 667 841. Update to the Generations investment options Throughout the PDS all references to the following investment options (listed below) including all information specifically related to these investment options are deleted. Investment option APIR code Registered name ARSN Generations Alternative Balanced IPA0061AU Generations – Alternative Balanced Fund 118 736 173 Generations Australian Equities NML0591AU Generations – Australian Equities Trust 108 703 617 AMP Capital – Diversified Credit NMF0003AU Generations Fixed Interest No. 4 Trust 118 843 879 PIMCO Global Fixed Interest NML0581AU Generations Fixed Interest No. 3 Trust 109 858 095 Legg Mason Martin Currie Property Securities NML0578AU Generations Property No. 2 Trust 109 858 111 Antares High Growth Shares NML0583AU Generations Australian Equities No. 4 Trust 109 858 193 BlackRock Australian Equity NML0571AU Generations Australian Equities No. 1 Trust 109 858 139 First Sentier Wholesale Geared Australian Share NMF0004AU Generations Australian Equities No. 7 Trust 118 843 646 Perpetual Industrial Share NML0580AU Generations Australian Equities No. 3 Trust 109 858 175 Schroder Australian Equity NML0584AU Generations Australian Equities No. 5 Trust 109 858 219 UBS Australian Equity NML0585AU Generations Australian Equities No. 6 Trust 109 858 228 Vanguard® Australian Shares Index NMF0015AU Generations Australian Equities No. 10 Trust 133 655 026 Aberdeen Standard Global Equity NML0579AU Generations International Equities No. 3 Trust 109 858 264 Platinum International NML0582AU Generations International Equities No. 4 Trust 109 858 282 Vanguard® International Shares Index NMF0011AU Generations International Equities No. 7 Trust 133 655 991 Vanguard® International Shares Index (Hedged) NMF0012AU Generations International Equities No. 8 Trust 133 656 112 From 29 April 2021, these investment options will no longer be available. All other information about the other investment options remains unchanged. Issue date: 29 April 2021 ® Registered trademark of NMMT Limited ABN 42 058 835 573 The issuer of this SPDS relates to a number of managed investment options and is jointly issued by National Mutual Funds Management Ltd (NMFM) ABN 32 006 787 720, AFS License No. 234652 and ipac asset management limited (ipac) ABN 22 003 257 225, AFS License No. 234655. NMFM and ipac each take full responsibility for the whole of the SPDS. 1 On page 16 of the Original PDS, the following wording replaces the information in the 'Investment strategy' section relating to the AMP Capital Australian Property Fund. All other information on this page remains unchanged. The fund invests primarily in direct property within Australia, which is either held directly by the fund or through units in the Wholesale Australian Property Fund. The fund also invests in cash and listed property securities. The portfolio is designed taking into account the real estate cycle, regional characteristics, investment opportunities and the liquidity profile of the fund and its investments, including the Wholesale Australian Property Fund. The fund may also invest in other managed investment schemes or investment companies where it is consistent with the fund’s investment objectives. The Funds capital will be managed conservatively, with low borrowings. Where debt is used, it will be used selectively to fund capital expenditure, investments and withdrawals where appropriate. Normally, debt will range from 0%-15% but at times the fund may have higher gearing. The maximum amount the fund may borrow is 35% of gross assets at the time the debt is drawn (this does not apply to debt being refinanced, even if the amount exceeds 35% of gross assets at the time of refinancing). Gearing may incur costs such as the interest paid on outstanding debts and the costs of having the debt facility available. These costs and changes in interest rates may affect the fund’s returns. The fund’s investments may change from time-to-time, and are updated regularly online at ampcapital.com. These updates can also be obtained by contacting us. The target asset allocation for the fund is to hold over 50% of its exposure as direct property, with the balance allocated across cash and Australian Securities Exchange (ASX) listed property securities, such as Australian Real Estate Investment Trusts (AREITs) and funds which invest predominantly in AREITs. An AREIT is a corporation, or trust, which provides investors with exposure to properties such as shopping centres and other commercial or industrial properties. On page 36 of the Original PDS, the following wording replaces the information in the 'Additional explanation of fees and costs' section under the sub-heading 'Maximum fees'. All other information on this page remains unchanged. Maximum fees The maximum fees that can be charged under the investment options’ constitutions are: Management fee - up to 5% per annum of the gross value of the assets of the following investment options (that is, including borrowed amounts, if any): • Generations Moderately Defensive • BlackRock Australian Equity Index • AMP Capital - Cash Management • BlackRock Australian Fixed Interest Index • BlackRock International Fixed Interest Index • BlackRock Property Securities Index • BlackRock International Equity Index (Hedged) • BlackRock International Equity Index (Unhedged) A lower amount is charged, calculated by reference to the net value of the assets of the relevant investment option. The current management fees charged are shown in Table 1 under 'Investment options and fees'. - up to 2% per annum of the gross value of the assets of the following investment options: • Generations Defensive • Generations Balanced • Generations Growth • Generations High Growth Taking into account the fee rebate (see 'Fee rebate' section under 'Additional explanation of fees and costs'), a lower amount is charged, calculated by reference to the net value of the assets of the relevant investment option. The current management fees charged are shown in Table 1 under 'Investment options and fees' . - Other investment options up to 5% per annum of the net value of the assets. Entry fee – 5% of the application money for the following investment options: • Generations Index – Balanced • Generations Index - Moderately Defensive • Generations Index - Growth – 2% of the application money for the following investment options: • Generations Defensive • Generations Balanced • Generations Growth • Generations High Growth - 8% of the application money or a deferred entry fee based on the withdrawal price for the: • AMP Capital Australian Property Fund - All other investment options up to 8% of the application money. Exit fee – 2% of the withdrawal proceeds for the following investment options: • Generations Defensive • Generations Balanced • Generations Growth • Generations High Growth • Generations Index - Moderately Defensive • Generations Index – Balanced • Generations Index – Growth - All other investment options up to 8% of the withdrawal proceeds. Switching fee – up to 2% (other than for the AMP Capital Australian Property Fund, which has no switching fee). On page 36 of the Original PDS, the following wording replaces the information in the 'Additional explanation of fees and costs' under the sub-heading ' Management fees'. All other information on this page remains unchanged. Management fees The management fee is charged by us for managing and operating the relevant investment option. The management fee stated in Table 1 under 'Investment options and fees' is charged on the net value of the assets of the Fund. The fee is calculated and charged in this way even though the constitutions for certain investment options (see 'Maximum fees' section for further details) allows management fees to be based on the gross value of the assets (that is, without deducting the value of any borrowings, other liabilities or provisions). However, for the purposes of calculating management costs, which are expressed as a percentage of the net assets of the investment option, any management fee charged on the gross assets of the investment option has been converted to an equivalent estimated rate based on the average net assets of the investment option. 3 Table 2 on pages 42 and 43 of the Original PDS is deleted and replaced by the following Table 2. All other information in the 'Fees and costs' section remains unchanged. Table 2 Transactional and operational costs(i) Estimated Borrowing Buy/Sell Investment category/Option name Estimated Estimated offset by costs (ii) gross costs net costs spread buy/sell before offset incurred spreads (% pa) (% pa) (% pa) (%pa) (%) Multi-manager Diversified - active Generations Defensive 0.28 0.03 0.25 0.02 0.12/0.11 Generations Moderately Defensive 0.27 0.05 0.22 0.02 0.14/0.13 Generations Balanced 0.23 0.04
Load more

Recommended publications
  • Global Responsible Investment and Stewardship Policy and Principles
    Global Responsible Investment and Stewardship Policy and Principles A 1.0 Introduction 1.1 Our purpose and beliefs As a firm, we hold the following beliefs on Environmental, Social and Governance (ESG) issues: First Sentier Investors (FSI, known as First – ESG issues are sources of long-term risk and return therefore State Investments outside of Australia) is a considering ESG issues leads to better analyses and global fund manager with experience across investment decisions. a range of asset classes and specialist – The execution of ownership rights can increase performance investment sectors. We are stewards of and lower risk over time, assets with well-managed ESG assets managed on behalf of institutional factors will produce higher risk-adjusted returns over the long term. investors, pension funds, wholesale – Integrating ESG in all mandates enhances the quality of our distributors, investment platforms, financial investment processes as ESG issues, when poorly managed, advisers and their clients worldwide. will create long-term material impacts for society and the environment. Our purpose is to deliver sustainable investment success for the benefit of our clients, employees, society and our Sustainability in investing is broader than only considering ESG shareholder and our vision is to be a provider of world-leading factors. This document sets out the group-wide requirements investment expertise and client solutions, led by our that all of our investment professionals are expected to meet responsible investment principles and based on our core and recognises that responsible investment practices continue values: Care, Openness, Collaboration and Dedication. to evolve and that appropriate approaches to responsible investment and stewardship will differ between asset classes, We recognise that as allocators of capital, stewards of our industries, and individual investments.
    [Show full text]
  • Modif 1 Au Pro Mars 2021 EN
    dated April 22, 2021 to the Simplified Prospectus dated March 31, 2021 RESPECTING THE UNITS OF THE FOLLOWING FUNDS: INCOME FUNDS Desjardins Short-Term Income Fund1 Desjardins Canadian Bond Fund1 GLOBAL AND INTERNATIONAL EQUITY FUNDS Desjardins Global Dividend Fund2 1 A-, I-, C-, F- and D-Class Units 2 A-, T-, I-, C-, R-, F-, S-, D- and W-Class Units (the “Funds”) AMENDMENT NO. 1 DATED APRIL 22, 2021 TO THE SIMPLIFIED PROSPECTUS DATED MARCH 31, 2021 The Simplified Prospectus dated March 31, 2021 is hereby amended in respect of the Funds as indicated below. All of the defined terms have the meaning given in the Simplified Prospectus unless they are specifically defined in this Amendment No. 1. GENERAL SUMMARY OF AMENDMENT The amendment described in this document reflects the following changes made to the Funds. 1. Changes of Portfolios Sub-Managers On or about May 25, 2021, the Manager will replace the portfolio sub-manager of the Desjardins Global Dividend Fund, Epoch Investment Partners, Inc., by Mondrian Investment Partners Limited. 2. Change to Investment Strategies On or about May 25, 2021, the Manager will amend the investment strategies of the Desjardins Global Dividend Fund in order to reflect the investment philosophy of the new sub-manager. 3. Creation of W-Class Units for the Desjardins Short-Term Income Fund and the Desjardins Canadian Bond Fund The Manager intends to implement the above change on or about May 10, 2021. The Manager reserves the right to delay implementing all or part of the changes described in this Amendment or to refrain from implementing these changes at all.
    [Show full text]
  • List of British Entities That Are No Longer Authorised to Provide Services in Spain As from 1 January 2021
    LIST OF BRITISH ENTITIES THAT ARE NO LONGER AUTHORISED TO PROVIDE SERVICES IN SPAIN AS FROM 1 JANUARY 2021 Below is the list of entities and collective investment schemes that are no longer authorised to provide services in Spain as from 1 January 20211 grouped into five categories: Collective Investment Schemes domiciled in the United Kingdom and marketed in Spain Collective Investment Schemes domiciled in the European Union, managed by UK management companies, and marketed in Spain Entities operating from the United Kingdom under the freedom to provide services regime UK entities operating through a branch in Spain UK entities operating through an agent in Spain ---------------------- The list of entities shown below is for information purposes only and includes a non- exhaustive list of entities that are no longer authorised to provide services in accordance with this document. To ascertain whether or not an entity is authorised, consult the "Registration files” section of the CNMV website. 1 Article 13(3) of Spanish Royal Decree-Law 38/2020: "The authorisation or registration initially granted by the competent UK authority to the entities referred to in subparagraph 1 will remain valid on a provisional basis, until 30 June 2021, in order to carry on the necessary activities for an orderly termination or transfer of the contracts, concluded prior to 1 January 2021, to entities duly authorised to provide financial services in Spain, under the contractual terms and conditions envisaged”. List of entities and collective investment
    [Show full text]
  • Product Disclosure Statement First Sentier Ex-20 Australian Share Fund
    Product Disclosure Statement First Sentier ex-20 Australian Share Fund ARSN 634 637 620 Issue Date: 18th May 2021 Issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235150 CONTENTS CONTACT DETAILS 1. About The Trust Company (RE Services) Limited 3 The Trust Company (RE Services) Limited – Responsible Entity Mail: Level 18, Angel Place 123 Pitt Street 2. How the First Sentier ex-20 Australian Share Fund works 3 Sydney NSW 2001 3. Benefits of investing in the First Sentier ex-20 Australian Share Fund 4 Telephone: 02 9229 9000 First Sentier Investors (Australia) IM Ltd - Investment Manager 4. Risks of managed investment schemes 4 Mail: Level 5, Tower 3 International Towers 5. How we invest your money 5 300 Barangaroo Avenue 6. Fees and costs 6 Barangaroo NSW 2000 Telephone: 02 9010 5200 7. How managed investment schemes are taxed 7 Platform Investors: 8. How to apply 8 Email: [email protected] Institutional Investors: 9. Other information 8 Email: [email protected] IMPORTANT INFORMATION reporting and fund information directly from the Investment Manager. This Product Disclosure Statement (PDS or Statement) is a summary of significant information relating to the units in If you are investing via a Service and have any questions or would First Sentier ex-20 Australian Share Fund (APIR: like to obtain a copy of the PDS, any updates, the AIB or an PIM1925AU, ARSN: 634 637 620) (Fund) and contains application form, you should contact your Service Operator. references to other important information which is The offer of units under this PDS is available only to persons contained in the Additional Information Booklet dated receiving this PDS (electronically or otherwise) in Australia and 18th May 2021 (AIB) and forms part of this PDS.
    [Show full text]
  • FS RUSDIV50 20210731 Class a Retma 470289
    31 August 2021 Russell Investments Diversified 50 Fund Asset allocation as at Fund objective 31 August 2021 3 To provide returns over the medium term, with moderate volatility, consistent with a diversified mix of defensive and growth oriented assets. Fund strategy The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 50% and defensive investments of around 50%. Derivatives may be used to implement investment strategies. Performance review 1,2 Period ending 31/08/2021 1 3 1 3 5 Since Fixed Int & Cash 52.9% month months year years years inception Int Shares 19.7% % % % %p.a. %p.a. %p.a. Aust Shares 18.4% Property 7.3% Total return 1.41 4.25 16.02 6.96 6.55 6.23 Alternatives 1.7% Distribution - 7.40 8.58 6.66 5.83 5.87 Growth 1.41 -3.15 7.44 0.30 0.72 0.36 Growth of $10,000 Fund 60,000 50,000 40,000 30,000 Fund facts 20,000 Share class 10,000 0 Class A Inception date 30 November 2000 Fund size Fund commentary The Russell Investments Diversified 50 Fund narrowly outperformed the benchmark in AUD 627.99m August. The Fund’s equal weighting to growth assets like Australian and global equities, Portfolio manager and income assets like Australian and global bonds drives returns. The Fund’s exposure to extended fixed income contributed positively to performance, Symon Parish including global high-yield debt, Australian and global floating rate credit and Metrics Recommended investment Credit. The Fund also benefited from its exposures to global listed infrastructure and timeframe global and Australian listed property; the latter benefiting from a modest decline in longer- 4 years term government bond yields and some encouraging earnings results within the sector.
    [Show full text]
  • First Sentier Top 20 Index Portfolio
    First Sentier Top 20 Index Portfolio Quarterly Factsheet 30 June 2021 For Adviser use only Portfolio Description Growth of AUD 10,000 Investment Since Inception The portfolio invests in the 20 largest stocks listed on the ASX based on their market capitalisation Portfolio $15,000 Investment Strategy $14,000 The portfolio invests in the 20 largest shares listed on the ASX based $13,000 on their market capitalisation. The manager seeks to maximise efficiency through model portfolio construction and minimise $12,000 slippage through comprehensive risk management. $11,000 $10,000 Investment Objective * $9,000 To deliver performance similar to that of the 20 largest shares listed on the ASX over rolling one year periods as measured by the 12/2019 12/2018 12/2020 03/2021 06/2021 03/2019 03/2018 09/2019 06/2019 06/2018 09/2018 03/2020 09/2020 S&P/ASX 20 Accumulation Index before fees and adjusted for 06/2020 minimum cash holdings. Risk Characteristics Period 1yr 2yr 3yr SI Portfolio standard deviation (%) 10.3 18.2 15.9 15.3 Product Overview Benchmark standard deviation (%) 10.4 18.4 16.1 15.5 Inception date 23 March 2018 Tracking error (%) 0.1 0.2 0.2 0.2 Benchmark S&P/ASX 20 Accumulation Index Portfolio Sharpe ratio 2.9 0.5 0.6 0.6 Target Asset Allocation ** Australian shares 98-99% / Cash 1-2% Information ratio -6.3 -2.0 -2.4 -2.5 Number of stock holdings Typically 20 Beta 1.0 1.0 1.0 1.0 Minimum investment As per platform provider Top 10 holdings Managed account fee (p.a.) *** 0.28% Stock Standard Risk Measure ANZ Bank Risk band / label 7
    [Show full text]
  • Investment Choices for the Wealth Management Plan
    Investment choices for the Wealth Management Plan Investment Choices brochure For the Hong Kong market only. 2 Front cover title goes here Important Information The Wealth Management Plan is an investment-linked assurance scheme (‘ILAS policy’). It is a life assurance policy issued by Quilter International Isle of Man Limited (‘Quilter International’). Your investments are subject to the credit risks of Quilter International. The premiums you pay towards your ILAS policy, any funds that are transferred to Quilter International under the ILAS policy, and any investments made by Quilter International in the underlying funds you select, will become and remain the assets of Quilter International. You do not have any rights or ownership over any of those assets. Your recourse is against Quilter International only. The premiums you pay, after deduction of any applicable fees and charges of your ILAS policy, will be invested by Quilter International in the underlying funds you select. You may also transfer your existing funds, which are funds listed in this Investment Choices brochure, held in your name to Quilter International as a premium payment in kind. Your ILAS policy value will be calculated by Quilter International based on the performance of your selected underlying funds (including the funds that are transferred). Due to the various fees and charges levied by Quilter International on your ILAS policy, the return on your ILAS policy as a whole may be lower than the return of the underlying funds you select (including the funds that are transferred). Early surrender or withdrawal of the policy may result in a significant loss of principal (premiums).
    [Show full text]
  • Memo Manager Changes Effective: June 8, 2021
    Fund updates The value of active management Effective June 8, 2021, changes to the lineup and weights of money managers have been made to the following Russell Investment Company (RIC) Funds: - U.S. Small Cap Equity Fund - Emerging Markets Fund - Tax-Managed U.S. Mid & Small Cap Fund - Unconstrained Total Return Fund - Short Duration Bond Fund - Multi-Strategy Income Fund - Multi-Asset Growth Strategy Fund U.S. SMALL CAP EQUITY FUND Hired manager - BAMCO, Inc. Manager moved to “funded status” with mandate addition - DePrince, Race & Zollo, Inc. Manager moved to a “held but not funded” status - Penn Capital Management Company, Inc. Change rationale Based on a recommendation from Russell Investments Management, LLC (“RIM” or “Russell Investments”), the Fund Board has approved the hire of BAMCO, Inc. (“Baron”). In addition, DePrince, Race & Zollo (“DRZ”) will be moved to “funded” status and will have an additional mandate. In addition, there will be allocation changes to the money managers. Baron will run a specialized mandate focused on stocks within the biotechnology industry. Baron’s addition to the Fund will increase the portion of active risk from stock selection while also mitigating industry risk. Given substantial growth in the opportunity set of public, small cap biotechnology companies over the past decade, Russell Investments believes that the Fund has the potential to benefit from skilled stock selection of a money manager with expertise in the biotechnology industry. Additionally, Russell Investments will reallocate assets to DRZ’s Small Cap Value portfolio (previously “held but not funded”) as well as to its Micro Cap Value strategy (a new mandate) via a blended mandate.
    [Show full text]
  • First Sentier Global Listed Infrastructure Fund Monthly Fund Factsheet 31 August 2021
    Lipper Leaders (Overall) First Sentier Global Listed Infrastructure Fund Monthly Fund Factsheet 31 August 2021 – The Fund invests primarily in global listed infrastructure and infrastructure-related equity or equity related securities worldwide. Investments in infrastructure projects may involve risks including projects not being completed on time and within budget, changes in environment laws and regulations. – The Fund's investments may be concentrated in a single and limited/specialist sector or in fast growing economies which may have higher volatility or greater loss of capital than more diversified portfolios. Small/ mid-capitalisation securities may have lower liquidity and their prices are more volatile to adverse economic developments. The Fund may use FDIs for hedging and efficient portfolio management purposes, which may subject the Fund to additional liquidity, valuation, counterparty and over the counter transaction risks. – For certain share classes, the Fund may at its discretion pay dividend out of capital or pay fees and expenses out of capital to increase distributable income and effectively a distribution out of capital. This amounts to a return or withdrawal of your original investment or from any capital gains attributable to that, and may result in an immediate decrease of NAV per share. –It is possible that a part or entire value of your investment could be lost. You should not base your investment decision solely on this document. Please read the offering document including risk factors for details. Investment objective & strategy Fund information The Fund aims to achieve a total investment return consistent with income and long term capital growth. It invests primarily in a diversified portfolio of listed Infrastructure and Total fund size US$1,866.8mn Infrastructure-related equity securities and equity related securities of issuers listed, traded Number of holdings 45 or dealt in on regulated markets worldwide.
    [Show full text]
  • Luminex Subscribers*
    Luminex Subscribers* Aberdeen Standard Investments Inc. Abrams Capital Management, L.P. Acadian Asset Management, LLC ACK Asset Management, LLC ACR Alpine Capital Research, LLC Adage Capital Management, L.P. AllianceBernstein, L.P. Allianz Global Investors U.S., LLC American Century Investment Management APG Asset Management N.V. APG Asset Management US, Inc. Ariel Investments, LLC Artisan Partners, L.P. ATLAS Infrastructure Partners (U.K.), LTD Baillie Gifford & Company, LTD Bank of America Private Bank Barings LLC Barrow Hanley Mewhinney & Strauss, LLC The Baupost Group, LLC Bessemer Investment Management, LLC BlackRock Financial Management, Inc. BMO Asset Management Boston Partners Global Investors, Inc. Brahman Capital Corporation Brandywine Bridgeway Capital Management, Inc. Brookfield Public Securities Group, LLC Brown Advisory, LLC Brown Brothers Harriman & Company Cadian Capital Management, L.P. Calamos Advisors Camber Capital Management, LLC Canyon Capital Advisors, LLC Capital Research & Management Company Cascade Asset Management Co. CastleArk Management, LLC Cavanal Hill Investment Management, Inc. Caxton Associates, L.P. Luminex Trading & Analytics LLC · 21 Custom House Street, Suite 100 · Boston, MA 02110 1 Cedar Rock Capital Limited CenterSquare Investment Management, Inc. Champlain Investment Partners Channing Capital Management, LLC Charles Schwab Investment Management, Inc. Citadel Advisors, LLC ClearBridge Investments, LLC Clough Capital Partners, L.P. Cohen & Steers Capital Management, Inc. Columbia Wanger Asset Management, LLC Columbus Circle Investors Conestoga Capital Advisors, LLC Davis Selected Advisers, L.P. Diamond Hill Capital Management, Inc. Discovery Capital Management, LLC Dodge & Cox Investment Management D1 Capital Partners L.P. Driehaus Capital Management, LLC Durable Capital Partners, L.P. Eagle Capital Management, LLC EAM Investors, LLC EARNEST Partners, LLC Eaton Vance Management EJF Capital, LLC Element Capital Management, LLC Eminence Capital, LLC Employees Retirement System of Texas Empyrean Capital Partners, L.P.
    [Show full text]
  • Media Release
    Media release First Sentier Investors and MUFG launch Sustainable Investment Institute Inaugural research report addresses global microplastic pollution Tuesday, 11 May 2021: First Sentier Investors, a leading global investment manager, and its shareholder Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank), a subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), today jointly launched the First Sentier MUFG Sustainable Investment Institute (the institute). The institute will commission and publish high-quality research on a range of sustainability and sustainable investment related topics. The research aims to enhance industry awareness of sustainable investment, report on market trends and best practice, and promote a greater understanding of how such issues can impact long-term investment performance. The institute’s first report, titled “Microplastic Pollution: Causes, Consequences, and Issues for Investors”, was published today as part of the launch. Microplastic pollution has received considerably less attention from policymakers, companies, and investors than comparable issues such as marine macroplastic pollution and waste management. Researched and authored by Chronos Sustainability, the report explores the critical and growing problem of microplastics and microfibers in the environment and the potential effect on human health. The study outlines regulatory, behavioural and operational actions that should be taken to remove this pollution and prevent more from entering the environment. Mark Steinberg, CEO of First Sentier Investors, said: “Sustainability issues have an impact on society and the environment and increasingly affect the performance of companies, sectors, and economies. As responsible investors, we seek to use our role to highlight these issues and use our influence to make a positive impact on specific sustainability topics that affect us all.
    [Show full text]
  • Media Release
    Media release First Sentier Investors listed infrastructure strategy now available as a regulated PIE Fund Friday, 23 April 2021: Leading global investment manager, First Sentier Investors, today announced the successful launch of the regulated First Sentier Global Listed Infrastructure Fund (the Fund) in New Zealand. The Fund, which has been available to NZ-based institutional investors for the past few years, will appeal to wholesale and retail investors seeking medium-to long-term capital growth and income from a directly held globally diversified portfolio of infrastructure securities. The Fund’s strategy is based on active, bottom-up security selection which seeks to identify mispricing and minimise risk through quality on-the-ground research and sensible portfolio construction. According to Head of Global Listed Infrastructure, Peter Meany, the strategy will help to meet investor demand for real assets with a global footprint. “Following a year of unprecedented volatility in markets, investors are looking for ways to de-risk their portfolios. Exposure to real assets such as infrastructure can help achieve this goal, with the listed nature of the portfolio providing liquidity and price transparency.” The strategy has a strong focus on the environmental, social and governance (ESG) performance of the assets it invests in. ESG issues are fundamental to infastructure companies given their significant service obligations and moral accountability to the communites in which they operate. “The Fund takes a responsible approach to investing in companies that are driving positive structural change – from decarbonising the electricity grid, to reducing urban transport congestion, to building the next generation of digital connectivity,” said Mr Meany.
    [Show full text]