We believe that to have a genuinely positive impact and deliver sustainable performance, a company must focus on “what” it offers as well as “how” it operates. That’s why our investment approach involves deep assessment of a company’s impact along with its ESG practices. This is a key differentiator from traditional ESG investing, where ESG screens are often high level and applied without a deep understanding of the company. Companies must also get past our rigorous financial assessment and portfolio construction principles to be considered for investment.
We seek to invest in companies that are making positive contributions in areas such as:
Renewable energy
Waste & recycling
Gender & other diversity
Climate action
Energy efficiency
Green buildings
Sustainable infrastructure
Responsible consumption
Education
Health
Nutrition
Innovation
Inclusive finance
Sustainable agriculture
Decent work
We look to avoid investing in industries that have a material exposure to industries identified as detracting from the SDGs. We therefore seek to avoid investing in companies that source 5% or more of their gross revenue from gambling, armament manufacturing, tobacco manufacturing, uranium production and nuclear energy, fossil fuels – specifically, thermal coal, gas, tar sands and oil production, alcohol manufacturing, ultra-processed foods manufacturing such as fast food, soft drinks and confectionery that are known to be associated with diseases such as obesity and pornography production.
We also seek to avoid investing in companies that have a material and on-going exposure to the supply chains of these industries. This will be assessed on a case by case
basis.
The Melior Australian Impact Fund
The Melior Australian Impact Fund is a registered managed investment scheme.
The Fund’s investment strategy is to seek to invest in Australian and New Zealand companies delivering competitive market returns and positive social and/or environmental impacts that contribute to the Sustainable Development Goals.
You will be investing alongside the owners and managers of Melior Investment Management.
Performance
The Melior Australian Impact Fund performance is ranked in the top quartile of Australian large cap funds over 3 years across its mainstream peer group*, ranking 28th out of 310 funds.
*Source: Morningstar, Peer Group: Equity Australia Large Blend.
| as at 31 July 2022 | 3 months (%) | 6 months (%) | 1 Year (%) | 2 Years (% p.a) | 3 Years (% p.a) | Since Inception (% p.a) | Since Inception (%) |
| Melior Australian Impact Fund (net of fees) | -8.5 | -3.4 | -9.1 | 10.9 | 7.1 | 7.7 | 25.8 |
| S&P/ASX 300 Total Return Index | -6.2 | 1.5 | -2.3 | 12.3 | 4.4 | 5.3 | 17.3 |
| Outperformance/(Underperformance) | -2.3 | -4.9 | -6.8 | -1.4 | +2.7 | +2.4 | +8.5 |
Fund Facts
| Fund Objective | Outperform the benchmark net of fees over a rolling seven year period |
| Benchmark | S&P/ASX300 Total Return Index |
| Stocks held | 20-50 |
| Minimum investment | $50,000 |
| Fund inception | 1 July 2019 |
| Liquidity | Daily |
| Management Fee | 1.45% p.a |
Investing involves risk. Returns are not guaranteed and investors could lose money. Listed equities markets can experience volatility, particularly in the short term. Investments in listed equities markets are therefore generally classified as higher risk than other asset classes such as fixed income and cash (which tend to have both lower risks and lower long term returns). As the Fund invests most of its assets in Australian listed equities, it should be considered a high risk investment. Please refer to the Product Disclosure Statement for details of the types of risks which are associated with investing in the Fund. The Fund is likely to be appropriate for an investor who has a 7 year investment timeframe, a high risk / return profile and wishes to have access to capital on short notice. Please refer to the Target Market Determination for further information and consider their own objectives, financial situation and needs before making any investment decision.
This information is for wholesale clients only. For further information on the definition of a wholesale investor please see “Important Information”.
Total returns shown for the Melior Australian Impact Fund have been calculated using exit prices after taking into account all ongoing fees and assuming reinvestment of distributions. No allowance has been made for taxation. Past performance is not indicative of future performance. Fund Inception: 1 July 2019.
How to invest with melior
Investing with us is easy via our online application form. New investors can apply below directly with a minimum investment of $50,000. Different minimum investment amounts apply if you are investing via one of the platforms below.
You can also invest indirectly in our fund through these platforms. Please contact your financial adviser or the platform directly to find out how.
If you would like to invest using a paper application please contact us at info@meliorim.com.au.
Existing investors who would like to add to their investment can do so online by logging onto their account here
DISCLOSURE DOCUMENTS
This information is for wholesale clients only. For further information on the definition of a wholesale investor please see “Important Information”. The Product Disclosure Statement and Target Market Determination are available free of charge. Previous versions of these documents can be obtained by contacting us.