How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What this symbol means
General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
<span class="text-size-xxsmall">The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.</span>
Themes & Issues
Society
Environment
<span class="text-size-xxsmall">For RIAA’s definitions of the themes included and issues avoided, please view this guide. Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.</span>
Overview
EQT has delegated investment decisions including ESGconsiderations to the Investment Manager. The InvestmentManager has delegated these responsibilities to the PortfolioManager to which it sub-delegates all portfolio managementresponsibilities for the Fund and its other fixed-incomeproducts. The Portfolio Manager has contemplated that labour,environmental, social and ethical considerations will be takeninto account in relation to the investment of the Class.
The Portfolio Manager considers that ESG Considerations areimportant inputs into its investment process and can havenotable consequences for the performance of the investments.These consequences extend beyond merely downside risks;they may also include potential upside for the portfolio, such asopportunities arising from ESG Considerations beingoverlooked or mispriced by the market, with both marketparticipants and rating agencies often failing to appreciate thefull nuance of these factors. Consequently, the considerationand due diligence of ESG factors, both quantitatively andqualitatively, form an important part of the Portfolio Manager’sbroader investment process. However, these factors may notnecessarily be assessed in accordance with any predeterminedweighting or methodology.
Examples of the types of ESG Considerations that the PortfolioManager takes into account as part of its investment processinclude, but are not limited to:
Environmental:
- Climate and weather related risks.
- Dependency on assets which may be impacted byenvironmental considerations.
- Pollution and environmental disruption.
- Environment sustainability.
Social:
- Political stability in countries of operation.
- Track record and policies on labour, human rights andmodern slavery.
- Diversity and inclusion.
- Workplace health and safety, including employeewellbeing.
- Commitment to maintaining internal and customerprivacy, including cyber-security.
- Impact on customers and local communities.
- ESG related reputational and brand risks.
Governance:
- Board and government composition.
- Risk management and compliance track-record.
- Litigation and regulatory history.
Description
The Smarter Money Long-Short Credit Fund (LSCF) harnesses CCI’s management team of over 30 executives to actively exploit mispricings in global cash and bond markets to generate daily liquidity returns that exceed a target of the RBA cash rate plus 4% to 6% p.a. after all fees, with a weighted average AA- credit rating and near-zero interest rate duration risk.