Socially Responsible Investment Growth Fund
SRI and growth
The fund aims to maximise the potential for capital gains over the long term.
It aims to achieve returns – after fees but before tax – of at least 5% per year above inflation over any 5-year period.
There will be significant movements up and down in the value of the fund.
The fund invests predominantly in growth assets, with little or no income assets.
It currently excludes investments in directly held companies and managed fund investments where the underlying activities are principally involved in the tobacco, alcohol, gambling, armaments and fossil fuel industries.
While managed fund investments are researched using these criteria, in some cases they may include a small allocation to fossil fuels. This is subject to ongoing monitoring of suitable alternatives.
The criteria for screening out these investments may be modified over time to reflect developments.
The risk indicator is rated from 1 (low) to 7 (high).
The rating reflects how much the value of the fund’s assets goes up and down – the 'volatility'. A higher risk generally means higher potential returns over time, but more ups and downs along the way.
While risk indicators are usually quite stable, they do shift from time to time. Check the most recent risk indicator for this fund in the latest quarterly fund update.
This fund has been certified by the Responsible Investment Association Australasia.
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