The Altius Sustainable Bond Fund is an Australian fixed interest fund that invests in companies which not only meet our investment return criteria, but also conduct their business and apply capital responsibly, giving full consideration to a range of environmental, social and governance (ESG) issues.
All well-balanced portfolios should have an allocation to bonds but investors looking for responsible investment choices in fixed income have few options available to them. As the market is increasingly considering ESG issues when investing in equities, we believe in applying a similar degree of scrutiny before buying bonds in corporations or governments engaging in unsustainable activities.
Australian Unity Funds Management Limited is the Responsible Entity for the Fund.
|Minimum initial investment||$5,000|
|Management fees||0.5681% p.a.|
|Estimated recoverable expenses||0.12% of the gross asset value of the Fund for the financial year ending 30 June 2017*|
|Total Return1||Benchmark*||Active return|
|1 mth %||0.11||0.47||-0.36|
|3 mth %||0.37||0.91||-0.54|
|1 yr % pa||1.98||2.67||-0.69|
|2 yrs pa %||1.50||1.54||-0.04|
|3 yr % pa||2.49||2.37||0.12|
|Since Inception ‡ % pa||2.90||2.82||0.08|
As at 31 August 2018
*Effective 1 July 2016, Benchmark is 50% Reserve Bank of Australia Cash Rate and 50% Bloomberg AusBond Composite 0+Yr Index and applied retrospectively for all periods.
1Total Return is calculated after fees and expenses and assumes the reinvestment of distributions. Past performance is not a reliable indicator of future performance.
‡ Inception date for performance calculation is 21 November 2014.
Altius employs an active and diversified strategy that aims to capture the upside of the bond market, while avoiding returns less than cash in a rising rate or deteriorating credit environment.
Crucial in today’s environment, the Fund has a flexible mandate that enables it to shift duration and sector exposures. The team invests with high conviction and is willing to take significant positions away from the benchmark.
Risk management is embedded in strategy formulation and is a central driver of our investment process.
A two-stage ethical overlay is employed to identify companies that are to be excluded from the Fund’s investable universe.1. Negative screen - excludes issuers whose primary business activities involve:
Full details of the Fund’s investment criteria are in the Product Disclosure Statement.
The Altius Sustainability Advisory Committee is charged with using their combined knowledge of environmental, social and governance (ESG) issues, financial market expertise and insights to provide recommendations with respect to the investable universe of the Fund.
For more information, speak to your financial adviser or contact us.