How the fund works
The AMP Capital Sustainable Share Fund gives investors access to companies listed on the Australian Securities Exchange, with the objective of providing competitive returns and avoiding companies scoring poorly in Environmental, Social and Governance (ESG) characteristics.
*Please note this Fund has transitioned from a fundamental core-investment approach to a systematic approach to maximise our market-leading ESG research capabilities, provide greater exposure to better performing ESG companies, and offer a meaningfully lower carbon footprint relative to the benchmark index (<30% of the S&P/ASX 200 index). A new PDS has been issued, effective 10 November 2017.
The Fund utilises an investment process focused primarily on AMP Capital’s proprietary ESG research that aims to deliver an investment solution purely exposed to better ESG performing companies.
The Fund excludes key negative sectors and poorer ESG performing companies, alongside increased allocation to the top performing ESG companies. The resultant investment portfolio aims to have a carbon footprint target at least 30% lower than the performance benchmark, and also aims to not include any investments in companies with a material exposure (10% of revenue) to the production or manufacture of alcohol, armaments, gambling, nuclear power (including uranium), pornography, tobacco and thermal coal mining.
Access to AMP Capital’s long term, in house experience as a sustainable investment manager, including active company engagement to encourage companies’ to improve their ESG performance.
What are the key risks associated with the fund?
Risks specific to the fund may include or be associated with share market investments, company risks, derivatives, liquidity, international investments including the risk of exchange rate losses and investment management risks.
|Investment objective||To provide total returns (income and capital growth), after costs and before tax, above the Fund's performance benchmark on a rolling 5 year basis.|
|Minimum suggested timeframe||5 years|
|Product inception date||18 May 2007|
|Risk level (1-7)||6. High|
|Benchmark||S&P/ASX 200 Accumulation Index AUD|
The Fund's risk level is based on the estimated number of negative annual returns for the Fund over any 20 year period and is not a complete assessment of the risks of investing in the Fund. For instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than an investor may require to meet their objectives. Consequently, before choosing to invest or reinvest in the Fund, you should read the Fund's PDS and incorporated information and consider factors such as the likely investment return, the risks of investing and your investment time frame. Information about the methodology used for calculating the risk level is available here.
Documents & Downloads
Important note: The unit prices displayed in this section are indicative only
If unit prices are not available for today then the latest available prices will be displayed. Unit prices are not calculated on weekends or public holidays.
Our unit price discretion policy states where we may exercise certain discretions in determining the unit price of units on application or withdrawal in each investment option. View and download our Unit Pricing Discretions Policy for the types of discretions that we may exercise, in what circumstances, our policies on how we exercise the discretions and the reasons why we consider our policies are reasonable.
Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices.
During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.
None of AMP Capital Funds Management Limited (ABN 15 159 557 72, AFSL 426455), AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497), National Mutual Funds Management Limited (ABN 32 006 787 720, AFSL 234652), or any company within the AMP Group makes any representation or warranty as to the reliability, completeness or accuracy of the unit price information or accepts any responsibility arising in any way (including by reason of negligence) for errors in or omissions from the unit price information.
The information in this section is not an offer or recommendation of securities or other financial products offered by the AMP Group and is not an invitation to take up securities or other financial products. Investors should consider the relevant PDS available from us for the relevant fund before making any decision regarding the product.
Important notes: Past Performance
Past performance is not a reliable indicator of future performance.
Performance is annualised for periods greater than one year. Total returns are calculated using the unit price which uses the net asset values for the relevant month end. This price may differ from the actual unit price for an investor applying for or redeeming an investment. Actual unit prices will be confirmed following any transaction by an investor. Returns quoted are before tax, after fees and costs, and assume all distributions are reinvested.
AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) (AMPCFM), is the responsible entity of the AMP Capital Sustainable Share Fund (Fund) and the issuer of the units in the Fund. To invest in the Fund, Investors should consider the current information memorandum or other offering or placement memorandum (Offer Document) available from AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) (AMP Capital) for the Fund. The Offer Document contains important information about investing in the Fund and it is important that investors read the Offer Document before making a decision about whether to acquire units in the Fund. Neither AMP Capital, AMPCFM nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this document. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this document, AMP Capital makes no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. Actual future results and operations could vary materially from any forecasts, estimates, or opinions. AMP Capital will not necessarily update the recipient of this document if any facts set out in this document subsequently change. This document has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information in this document, and seek professional advice, having regard to their objectives, financial situation and needs.