ThePengana Axiom International Ethical Fund invests in companies that aredynamically growing and changing for the better, more rapidly than generallyexpected and where the positive changes are not yet reflected in expectationsor valuation. 

TheGlobal Equity Strategy seeks dynamic growth by concentrating its investments inglobal developed markets, and may also invest in companies located in emergingmarkets. 

The investment manager is Axiom Investors, aConnecticut-based global equity fund manager formed in 1998 with overUS$19billion in assets under Management.

The Pengana Axiom International Ethical Fund invests in companies that are dynamically growing and changing for the better, more rapidly than generally expected and where the positive changes are not yet reflected in expectations or valuation. The Global Equity Strategy seeks dynamic growth by concentrating its investments in global developed markets, and may also invest in companies located in emerging markets. The investment manager is Axiom Investors, a Connecticut-based global equity fund manager formed in 1998 with over US$17billion in assets under management.

Axiom believes that ESG factors are material to achieving investment outperformance and managing investment risk. Therefore, it has integrated ESG into its dynamic growth investment process since its inception in 1998. It believes that significant investment opportunities arise when companies improve their ESG characteristics. To advance favourable outcomes, the investment team incorporates ESG considerations into the regular engagement with company management.

Axiom evaluates progress on an ongoing basis and incorporates those developments into the proprietary risk and return rating, which influences the position sizing and proxy voting. Axiom is a signatory to the Principles for Responsible Investing (PRI) and has a dedicated ESG leadership committee, composed of senior executives from every functional area of the firm, that works across the organization to ensure that everyone is advancing the ESG policies and practices.

The Fund’s ethical investment policy is implemented by Axiom with oversight from Pengana. The ethical policy states the permissible extent of an investee company’s material business involvement* in screened activities.  Any company that does not meet the requirements of the screen is removed from the investable universe.