How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What this symbol means
General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
Responsible classification: This Symbol signifies that a product or service has been certified and classified to offer an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.
Themes & Issues
Society
No specific themes
Included
Armaments
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Tobacco
Fully avoided
Fossil fuels
Mostly avoided
Environment
No specific themes
Included
Armaments
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Tobacco
Fully avoided
Fossil fuels
Mostly avoided
For RIAA’s definitions of the themes included and issues avoided, please view this guide . Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.
Overview
Responsible investment means incorporating environmental,social and governance (ESG) considerations into investment decisions, to bettermanage risk and generate sustainable, long-term returns.
Our responsible investment approach encompasses the followingareas:
· Transparency
· Integration
· Exclusions
· Engaging and voting
Responsible investment as a practice continues to evolve, andwe are committed to the ongoing development and improvement of our responsibleinvestment approach.
Description
ASB KiwiSaver Scheme is a managed investment scheme.Customer’s money will be pooled with other investors’ money and invested invarious income and growth assets. The Balanced Fund’s investment objective isto provide moderate to high total returns allowing for moderate to highmovements of value up and down. The number of years with negative returns isexpected to be higher than the Moderate Fund but lower than the Growth Fund.The fund invests in income and growth assets with a target investment mix of 40%Income and 60% Growth assets.
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Themes & Issues
1
themes included
4
issues fully avoided
1
issues mostly avoided
0
issues partially avoided
Product Targets
Retail
Certified Since
Last date certified
June 12, 2024
Primary RI Strategy
Engagement and Voting
Secondary RI Strategy
Negative Screening