Growth Portfolio

A diversified debenture portfolio including ethically screened Australian shares, international shares, listed property trusts and enhanced cash designed specifically for not-for-profit and charitable organisations.

Aim

To achieve competitive risk adjusted returns over the medium to long-term while limiting harm and creating positive impact through the implementation of U Ethical’s ethical investment policy.

Objective

Outperform Consumer Price Index + 3.0% pa after fees over rolling 5-year periods.

Benefits and risks

  • Suggested minimum investment horizon - 5 years
  • A diversified ethically screened portfolio
  • Twice yearly distributions of net income
  • Exposure to international shares within an actively managed portfolio
  • Medium to high-risk profile
  • Who can invest?

    Entities registered as a Tax Concession Charity

  • Minimum investment

    $500,000

  • Management costs

    Estimated up to 0.8% p.a.1

  • Buy/sell spread

    0.20% / 0.20%

  • Income distributions

    Half yearly (30 June, 31 December)

  • Additional contributions

    Anytime by electronic transfer or direct debit

  • Redemptions

    Each business day2

  • APIR code

    UGL0002AU

  • Inception date

    1 July 1985

  • Fund Size

    $168.91m3

  • Benchmark

    • 70% S&P/ASX 300 Accumulation Index
    • 10% MSCI World Ex Australia Net Total Return Index AUD (unhedged)
    • 10% S & P/ASX 300 Real Estate Accumulation Index
    • 5% Bloomberg AusBond Bank Bill Index
    • 5% Bloomberg AusBond Composite 0-3 Yr Index
  1. No fees for establishment, contributions, redemptions or exit. Management costs apply
  2. Subject to conditions. Please read the Offer Document. Valid redemption requests received before 3.00 p.m. on a business day will be processed the next business day at the price applicable on the day of receipt of the request, subject to the Trust's liquidity.
  3. Figure includes funds invested in U Ethical Australian Equities Trust – Wholesale, U Ethical Enhanced Cash Trust - Wholesale, U Ethical Property Trust (not open to investors) and U Ethical International Equities Trust.

Portfolio Holdings

Abacus PropertyAlphabetAlstomAmcor
AmgenAppleArenaAusNet Services
Australia & New Zealand Banking GroupAustralian Unity Office FundBank New York MellonBingo Industries
BlueScope SteelBoral BramblesBristol Myers
BT GroupCarsales.ComCharter HallCisco Systems
Citrix SystemsCleanaway Waste Management

CME

Coles
Commonwealth Bank of Australia

CSL

DaimlerDanone
Deutsche PostDexusEcolab Fortescue Metals

G.U.D Holdings

G8 EducationGlaxoSmithKlineGoodman
GPTHome DepotHomeCo Daily NeedsInditex
InvoCareJB Hi-FiKimberly ClarkKoninklijke
LendleaseMacquarieMastercardMicrosoft
MirvacNational Australia BankNovo-NordiskQBE Insurance
Ramsay HealthcareREA GroupReliance WorldwideResMed
SAP SEScentre GroupSeekShionogi & Co
Sonic HealthcareSpark InfrastructureStocklandSuncorp
Super RetailSydney AirportTaylor WimpeyTelstra
The A2 Milk CompanyTJXTransurban GroupUnibail-Rodamco
Unilever Union PacificUnited Parcel ServiceVestas Wind Systems
Vicinity CentresVMWare

Webjet

Wesfarmers
Westpac

As at 30 June 2021.

U Ethical Growth Portfolio performance

For 30 June 2021

Fund 3 months % 6 months % 1 year % 3 year % p.a. 5 years % p.a. 10 years % p.a. 20 years % p.a. Since inception % p.a. Inception date Fund size (million)
Growth Portfolio 6.58 9.38 20.26 10.15 11.35 9.72 8.96 10.28 July 1985 238.65
Benchmark* 7.79 11.57 25.68 9.44 10.32 9.54 7.54 - -

Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
1. Figure includes funds invested in U Ethical Australian Equities Trust - Wholesale, U Ethical International Equities Trust (Wholesale), U Ethical Property Trust (not open to investors) and U Ethical Enhanced Cash Portfolio. From 1 July 2020, Growth Portfolio’s cash allocation in U Ethical Enhanced Cash Portfolio was transferred to U Ethical Enhanced Cash Trust (Wholesale).
*Benchmark demonstrates Custom Index comprising 70% ASX300 Accumulation, 10% MSCI World Ex Australia Net TR (AUD), 10% ASX300 Real Estate, 5% Bloomberg AusBond Bank Bill, 5% Bloomberg AusBond Composite 0-3yr indices.

Unit price

As at 21 Oct 2021

Funds Entry Exit
U Ethical Growth Portfolio 6.5375 6.5115

Growth Portfolio Distributions

Period To Total distribution cents per unit Franking credit component included within total cents per unit paid
30 June 2021 11.36* N/A
31 December 2020 5.27 0.00
30 June 2020 12.02 N/A

*Includes 2.47 cents per unit from a special distribution due to the closure of the Enhanced Cash Product.

NOTE: Franking Credits are generally distributed in December of each year.

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