The fund provides access to a diversified asset classes united by a single sustainability objective to align investments with the transition to a more sustainable economy - one which balances economic growth with environmental and social issues.

The fund invests in mission-driven companies that provide solutions to pressing environmental and social challenges, aligning with the United Nations Sustainable Development Goals (SDGs) to drive positive change.

This may include companies addressing critical water and waste management issues, promoting environmental sustainability and resource efficiency. The fund may also invest in companies seeking sustainable logistics and supply chain solutions, enhancing efficiency and reducing environmental impact.

Together, these investments contribute to a more sustainable and equitable world by supporting innovative solutions to global challenges and provide investors with diversification benefits to traditional equities and bonds.

The fund has a dual objective. It aims to provide a return (before fees, costs and taxes) that exceeds the MSCI ACWI ex Australia Index over rolling 5-year periods. The fund also aims to support the transition to a more sustainable economy, by aligning 80% or more of its capital in aggregate with investments that advance this transition.

We aim to do this by allocating capital to investments that:

• support positive environmental and/or social change via their investment processes, positively tilting the overall investment portfolio, and/or active ownership; and

• avoid exposure to companies with business activities that Precedent considers to negatively impact the environment and/or society.

We define a sustainable economy as an economic system which balances environmental, social, and economic factors. 

The fund’s Sustainability Objective does not apply to derivatives. The fund blends the benefits of a multi-manager portfolio with the advantages of a single portfolio overlay for consistency of approach to exclusionary screening, proxy voting and engagement.

The fund is a “core” style approach providing a cornerstone sustainable “global equity” allocation.