The Altius Sustainable Bond Fund has won the Lonsec Innovation Award 2016, which recognises the major innovators and industry leaders who are shaping the future of Australia’s wealth creation sector.
The Lonsec Awards go beyond the pure quantitative, looking at the people behind the investment decisions, the rigour of the investment process and philosophy, and the new thought and innovations that create real value for investors.
Bill Bovingdon, chief investment officer at Altius Asset Management, says the Fund was developed in response to customer demand given a lack of sustainable investment options in the fixed interest asset class.
“Historically there has been a dearth of options available for sustainable fixed interest allocations. This Fund was one of the first in the Australian market to apply a sustainable screening to fixed interest.
“This screening ensures that the Fund invests in companies that not only meet Altius’ investment return criteria, but also conduct their business and capital responsibly, giving full consideration to a range of environmental, social and governance (ESG) issues.
“The Fund’s approach is to employ two levels of sustainability screening to ensure it invests only in companies which both conduct their business, and apply capital responsibly, in ESG terms.”
The Lonsec Innovation Award win follows strong investor interest in the Altius Sustainable Bond Fund, with the fund being added to five new platforms so far this year. They are Asgard; IOOF Portfolio Service; IOOF Pursuit; IOOF Employer Super; and the Macquarie Acquire platform.
“The interest in the Fund from a range of platforms is encouraging, and is a strong indication of the interest by advisers and their clients in fixed income investments with the benefits of a sustainable ESG option.
The Altius Sustainable Bond Fund has a “Recommended” rating from Research house Lonsec.
Altius Asset Management is a boutique fixed interest asset management business, responsible for more than $500 million in funds under management. The business was formed through a joint venture with Australian Unity Investments in 2011.
The Altius Sustainable Bond Fund is issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454. The information contained above is not based on the objectives, financial situation or needs of any particular investor. In deciding whether to acquire, continue to hold or dispose of the product you should obtain the Product Disclosure Statement available at australianunity.com.au/wealth or by calling our Investor Services team on 1300 590 488 and consider whether the product is appropriate for you. The information provided is current at the time of publication. Past performance is not a reliable indicator of future performance.
Investment decisions should not be made upon the basis of past performance or distribution rate or any ratings given by a rating agency, since each of these can vary. In addition ratings need to be understood in the context of the full report issued by the rating agency itself.
Lonsec does not issue, sell, guarantee or underwrite this financial product. Go to www.lonsec.com.au for details of its ratings criteria. The Lonsec Ratings (assigned Altius Sustainable Bond Fund— October 2016) presented in this document are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Ratings are limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Australian Unity Funds Management’s (Fund Manager) products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.beyond.lonsec.com.au/intelligence/lonsec.
For more information contact:
Chief Investment Officer, Altius Asset Management
02 9112 4700