Environmental or social characteristics of the fund

The fund has two aims:

• to deliver a higher total return (the combination of capital growth and income) than that of the global equities market over any five-year period while applying ESG Criteria and Sustainability Criteria; and
• to deliver an income stream that increases every year in US Dollar terms.

How the fund meets its environmental and social characteristics

The fund applies ESG Integration. ESG integration is the systematic inclusion of ESG factors in investment analysis and investment decisions.

The fund is categorised as Planet+ / Sustainable. 

• Planet+: in addition to applying ESG integration, the fund has a minimum set of norms-based, values-based and sector-based exclusions. 
• Sustainable: the fund applies a Best-in-Class approach through selecting companies with strong ESG credentials. In addition, an approach that allocates to companies and issuers that are rapidly improving their performance assessed against the ESG Criteria and Sustainability Criteria is applied.

The fund invests in securities that meet the ESG Criteria and Sustainability Criteria.

The benchmark of the fund is the MSCI ACWI Net Return Index. It is a comparator against which the fund’s performance can be measured. The benchmark is not an ESG benchmark and is not consistent with the ESG Criteria and Sustainability Criteria.

Additional information

Further information on the ESG methodology, including data sources, screening criteria and the relevant sustainability indicators of the fund can be found in the ESG Criteria and Sustainability Criteria.

A description of ESG and responsible investment terms used is available in the fund’s Prospectus.

Information on how the environmental and social characteristics have been met can be found in the latest annual report.