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.
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
Renewable energy and energy efficiency
Included
More sustainable companies
Included
Healthcare and medical products
Included
High scoring ESG companies
Included
Armaments
Partially avoided
Fossil fuels
Partially avoided
Gambling
Partially avoided
Genetic engineering
Partially avoided
Human rights abuses
Partially avoided
Pornography
Partially avoided
Tobacco
Partially avoided
Alcohol
Partially avoided
Environment
Renewable energy and energy efficiency
Included
More sustainable companies
Included
Healthcare and medical products
Included
High scoring ESG companies
Included
Armaments
Partially avoided
Fossil fuels
Partially avoided
Gambling
Partially avoided
Genetic engineering
Partially avoided
Human rights abuses
Partially avoided
Pornography
Partially avoided
Tobacco
Partially avoided
Alcohol
Partially 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
Description
Our Global Responsibility Fund is an ethical equity fund intended to be a core global equity exposure for responsible investors.  The fund invests in our wholesale Responsible Investment Fund (RIF) which targets a portfolio of 250 direct stock holdings. The ethical screening for stock selection has multiple layers:1 - several exclusion screens are applied including the NZ Super Fund exclusions list and additional revenue exclusions for gambling, tobacco, thermal coal, pornography and controversial armaments2 - stocks with high current operational "controversy" levels are excluded (i.e. significant current ESG issues based on news flow, lawsuits etc)3 - portfolio selection optimises the highest portfolio ESG score that will satisfy the Pathfinder Investment Committee targets for geographic spread, industry allocations and other portfolio factors (dividend, volatility, growth, company size etc). This means ESG is treated as an investible factor.   4 - Stocks selected are equally weighted.Our stock selection process uses research and ratings from 2 sources:1 - Sustainalytics/ISS2 - our in-house research full-time specialist ESG analyst)Currency exposure in the Global Responsibility Fund is partly hedged with a base target of 50%.
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Themes & Issues
4
themes included
0
issues fully avoided
0
issues mostly avoided
8
issues partially avoided
Product Targets
Retail
Certified Since
2018
Last date certified
June 20, 2024
Primary RI Strategy
ESG Integration
Secondary RI Strategy
Negative Screening