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

Australian Listed Securities
Abacus Property Group NpvAmcor Limited AusNet Services LimitedAustralia and New Zealand Banking Group Limited
Australian Unity Office Fund NpvBingo Industries Limited BlueScope Steel LimitedBoral Limited
Brambles LimitedCarsales.Com LimitedCharter Hall Group NpvCharter Hall Social Infrastructure Reit
Cleanaway Waste Management LimitedColes Group Limited Commonwealth Bank of Australia CSL Limited
Dexus Dexus Property Group NpvFortescue Metals Group Ltd G.U.D Holdings Limited
G8 Education LimitedGoodman GroupGpt GroupInvoCare Limited
JB Hi-Fi Limited

Lendlease Corporation Limited NpvLendlease GroupMacquarie Group Limited

Mirvac Group Monash IVF GroupNational Australia Bank LimitedOrora Limited
QBE Insurance Group LimitedRamsay Health Care Limited REA Group Ltd Reliance Worldwide Corporation Limited
ResMed Inc. Scentre GroupSeek Limited Sonic Healthcare Limited
Stockland Npv Suncorp Group LimitedTelstra Corporation LimitedThe A2 Milk Company Limited
Transurban GroupUnibail-Rodamco Vicinity CentresWebjet Limited
Wesfarmers LimitedWestpac Banking Corporation


As at 30 June 2020

International Listed Securities
Adr Novo-Nordisk Alphabet Inc Apple IncBristol Myers
Cisco Systems IncCitrix Sys IncCME Group IncDanone
EcolabGlaxosmithkline Home DepotInditex
Kimberley Clark Kingspan Group PlcKoninklijke PhilipsMastercard Inc
Microsoft CorpSap SeShionogi & Co Ltd Tjx Cos Inc
Unilever PlcUnion PacificUnited Parcel ServiceVestas Wind Systems
VMware

As at 30 June 2020

U Ethical Growth Portfolio performance

As at 30 June 2020

Fund 3 months % 6 months % 1 year % 5 year % p.a. 10 years % p.a. 20 years % p.a. Inception % p.a. Inception date Fund size (million)
Growth Portfolio 11.13 -4.95 0.46 8.15 9.31 8.40 10.01 1 July 1985 187.14¹
Benchmark* 14.34 -9.28 -6.05 6.04 8.08 6.67 -

Past performance is not indicative of future performance.
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

Transaction prices for 21 Sep 2020

Funds Entry Exit
U Ethical Growth Portfolio 5.5101 5.4881

U Ethical Growth Portfolio Distributions

Period To Distribution Amount including Franking Credits (cents per unit) Reinvestment Price ($) Franking Credits (cents per unit)
December 2019 13.62 5.8013 11.62
June 2019 9.60 5.6176 N/A
December 2018 11.98 4.8960 4.17
June 2018 6.30 5.2926 N/A
December 2017 13.33 5.0359 5.95
June 2017 7.29 4.8531 N/A
December 2016 14.85 4.7023 5.68
June 2016 7.41 4.4985 N/A
December 2015 17.68 4.5068 6.23
June 2015 7.58 4.5729 N/A
December 2014 15.09 4.4736 7.44

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

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