04.Funds compared
Table 1
This shows a range of ethical and sustainable super funds, the different investment approaches they take, and examples of where they can and can’t invest. Some of the same options are often available through large super funds.
| |
|
Investment returns
(% pa) |
RI approach |
Industries included ** |
| Fund name |
Other large funds offering this investment* |
1 year |
3 years |
5 years |
Best of sector |
Positive screen |
Negative screen |
Alcohol manuf. |
Defence |
Gambling |
Uranium mining |
| AMP Capital Sustainable Share (S) |
Qsuper, UniSuper, ARIA, Sunsuper |
23.99 |
23.9 |
18.03 |
|
• |
• |
• |
• |
• |
•(D) |
| Australian Ethical Super Equities |
Asgard, Navigator, Macquarie Wrap |
32.84 |
21.12 |
15.77 |
|
• |
• |
|
|
|
|
| BT Institutional Australian Sustainability Share |
Australian Super, BT SuperWrap, UniSuper |
23.76 |
25.27 |
17.62 |
• |
|
|
• |
• |
• |
• |
| BT Institutional Ethical Share |
Australian Super, BT SuperWrap, UniSuper |
32.99 |
31.65 |
23.63 |
|
• |
• |
|
|
|
•(E) |
| Challenger Socially Responsive Share |
Asgard, BT Wrap, Macquarie Wrap |
28.46 |
23.92 |
16.81 |
|
• |
• |
(B) |
(B) |
(B) |
(B) |
| Hunter Hall Australian Equities |
Asgard, BTWrap, ING, Macquarie Wrap |
35.42 |
18.14 |
na |
|
|
• |
• |
|
|
|
| ING Sustainable Investment Australian Share |
ANZ & ING One Answer, ANZ & ING Corporate Super |
26.84 |
24.41 |
na |
• |
• |
• |
• |
• |
• |
• |
| Perpetual Ethical SRI |
Australian Super, BT SuperWrap, MLC MasterKey |
33.17 |
25.33 |
na |
|
|
• |
(C) |
(C) |
(C) |
(C) |
| SAM Sustainability Leaders Australia Fund (A) |
Vic Super, JUST Super, Statewide, Vision Super |
25.17 |
24.93 |
17.16 |
• |
|
|
• |
• |
• |
• |
| Benchmark ASX 200 Index |
|
28.7 |
26.3 |
19.32 |
• |
|
|
• |
• |
• |
• |
| |
Table notes
Investment returns as at 30 June 2008 after fees. Source: Morningstar and the investment funds.
* Or a similar option from the same fund manager.
** Shows whether the fund can or can’t invest in these industries.
na Not applicable.
TBC To be confirmed.
(A) Challenger may invest in this industry in volatile markets for risk management purposes.
(B) Not allowed if the company receives a ‘material proportion’ of its revenue from this industry.
(C) AMP’s ‘materiality’ clause means that it invests in BHP Billiton, as the company gets less than 5% of its revenue or profits from uranium.
(D) Not for weapons manufacture.