The Pendal Sustainable International Fixed Interest Fund is an actively managed portfolio of international fixed interest securities. Investments are selected on a range of sustainable, ethical and financial criteria.

Investing in this fund provides exposure to companies or issuers assessed as demonstrating and or/offering leading environmental and social practices, products and services, whilst avoiding companies that do not meet the Fund’s ethical guidelines. Ethical practices The Fund does not have investments in companies or issuers directly involved in the following two activities: • tobacco production; and

• controversial weapons manufacture (such as cluster munitions, landmines, biological or chemical weapons, depleted uranium weapons, blinding laser weapons, incendiary weapons, and/or non-detectable fragments).

The Fund also does not have investments in companies or issuers directly involved in the following activities, where such activities account for 10% or more of a company’s or issuer’s total revenue:• the production of alcohol;

• manufacture or provision of gaming facilities;

• manufacture of non-controversial weapons or armaments;

• manufacture or distribution of pornography;

• direct mining of uranium for the purpose of weapons manufacturing; and

• extraction of thermal coal and oil sands production.

Sustainability practices We actively seek investments in industries and companies assessed as demonstrating and/or offering leading environmental and social practices, products or services. 

Leading Industries Industries offering products and services that provide a direct benefit to social and/or environmental outcomes such as: 

• Environmental management or remediation
• Environmental technologies
• Energy efficiency and renewable energy
• Low-impact products or products that reduce ecological footprint
• Sustainable buildings and property development
• Sustainable land use and food production
• Improved health and community wellbeing