U Ethical Growth Portfolio, U Ethical Australian Equities Portfolio and U Ethical Enhanced Cash Portfolio (collectively, U Ethical Portfolios) are not prudentially supervised by the Australian Prudential Regulation Authority (APRA). Therefore, an investor in U Ethical Portfolios will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. The U Ethical Portfolios are listed as religious charitable development funds in APRA’s Banking Exemption. Investments in the Portfolios will be used to support the charitable purposes of the Portfolio.
U Ethical Enhanced Cash Portfolio are issued by UCA Cash Management Fund Limited ABN 41 075 948 444 (UCA Cash).
U Ethical Growth Portfolio and U Ethical Australian Equities Portfolio are issued by UCA Growth Fund Limited ABN 39 075 948 435 (UCA Growth).
UCA Growth and UCA Cash rely on the exemptions under section 5(1) and 5(2) of ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813.
UCA Cash Management Limited (UCA Cash) and UCA Growth Fund Limited (UCA Growth) are required to notify investors that the debentures in the U Ethical Portfolios and their offering, are not subject to the usual protections for investors under the Corporations Act or regulation by ASIC and have not been approved or examined by ASIC. Investors in the Portfolios may be unable to get some or all of their money back when the investor expects or at all. Investment in the Portfolios is not comparable to investments with banks, finance companies or fund managers.
Identification statements for U Ethical Portfolios are available on this page.
The following registered managed investment schemes are issued and managed by Uniting Ethical Investors Limited, trading as U Ethical (ABN 46 102 469 821 AFSL 294147) as responsible entity and investment manager:
- U Ethical Cash Management Trust
- U Ethical Australian Equities Trust.
The following unregistered managed investment schemes are issued and managed by Uniting Ethical Investors Limited, trading as U Ethical (ABN 46 102 469 821 AFSL 294147) as trustee and investment manager:
- U Ethical Cash Management Trust (Wholesale)
- U Ethical Enhanced Cash Trust (Wholesale)
- U Ethical Diversified Income Trust (Wholesale)
- U Ethical Australian Equities Trust (Wholesale)
- U Ethical International Equities Trust (Wholesale)
U Ethical Funeral Fund (Funeral Fund) is issued and managed by Uniting Ethical Investors Limited, trading as U Ethical (ABN 46 102 469 821 AFSL 294147).
The Funeral Fund is not prudentially supervised by the Australian Prudential Regulation Authority (APRA). Therefore, an investor in the Funeral Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. The Funeral Fund is listed as a religious charitable development fund in APRA's Banking Exemption. Investments in the Funeral Fund will be used to support the charitable purposes of the Funeral Fund.
U Ethical relies on the exemption under section 5(1) of ASIC Corporations (Charitable Investment Fundraising) Instrument 2016/813 in relation to the operation of the Funeral Fund.
U Ethical is required to notify investors that interests in the Funeral Fund and their offering, are not subject to the usual protections for investors under the Corporations Act or regulation by ASIC and have not been approved or examined by ASIC. Investors in the Funeral Fund may be unable to get some or all of their money back when the investor expects or at all. Investment in the Funeral Fund is not comparable to investments with banks, finance companies or fund managers.
Identification Statements for the Funeral Fund are available on this page.