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:
Waste & recycling
Gender & other diversity
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 operations, 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 via its customers and suppliers.
*In certain circumstances an exception to the 5% gross revenue threshold will be permitted for producers of thermal coal, gas, tar sands, oil, and conventional and unconventional gas, which emit greater than 1 million tonnes of greenhouse gas emissions per annum, provided that the relevant companies satisfy our Climate Action Transition Framework. In seeking to identify companies that demonstrate climate leadership, our Climate Action Transition Framework assesses whether a company has credible net zero targets, evidence of progress towards these targets and a transition plan that considers the decommissioning, rehabilitation and social impacts. A higher gross revenue threshold of 10% will apply to these companies.
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.
The Melior Australian Impact Fund performance is ranked in the top quartile of Australian large cap funds since inception across its mainstream peer group*,
ranking 63rd out of 243 funds.
*Source: Morningstar, Peer Group: Equity Australia Large Blend. As at 31 October 2023.
Fund Inception: 1 July 2019. The Fund has a long-term outperformance horizon of seven years.
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 Objective||Outperform the benchmark net of fees over a rolling seven year period|
|Benchmark||S&P/ASX300 Total Return Index|
|Fund inception||1 July 2019|
|Management Fee||1.20% p.a|
How to invest with melior
Wholesale Investors can invest via our online application form below. The minimum investment amount is $50,000.
You can also invest indirectly in our Fund through one of the platforms below. Retail investors can also invest via one of the investment platforms. Different minimum investment amounts apply.
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 seven 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 your own objectives, financial situation and needs before making any investment decision.
The information on this page relating to Melior Australian Impact Fund (ARSN 634 081 744) (Fund) is issued by the Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL No 235150) as responsible entity of, and issuer of units in, the Fund.
Melior Australian Impact Fund (ARSN 634 081 744)
PDS Update – 1 November 2023
The Trust Company (RE Services) Ltd, ABN 45 003 278 831 AFSL 235150 (Responsible Entity) is the Responsible Entity for the Melior Australian Impact Fund ARSN 634 081 744 (Fund). Melior Investment Management Pty Ltd, ABN 16 629 013 896 (Manager) acts as the Investment Manager for the Fund.
This notice is issued to update information in the product disclosure statement and to inform you that effective from 1 November 2023:
The board composition of the Responsible Entity will consist of a majority of external directors. As a result, the Responsible Entity will not be required to have a separate Compliance Committee; and
The Compliance Committee is dissolved.
All references in the Fund’s current Product Disclosure Statement (including any statements incorporated by reference) (PDS) to the Responsible Entity’s Compliance Committee are removed from the PDS.
This notice should be read in conjunction with the PDS which is available on the Manager’s website. A copy of this notice and the PDS is available free of charge, upon request.