Warakirri Ethical Global Equities Fund

Responsible Investing Approach

The Fund offers investors a diverse portfolio of 20-40 high quality global stocks that have a structural and sustainable competitive advantage. It utilises Warakirri's Ethical Overlay, incorporating both positive (ESG) and negative exclusion components. The positive overlay component incorporates a focus on investment in sustainable businesses that exhibit sound environmental, social, and governance practices. The negative overlay excludes investment in companies that Warakirri considers to have significant businesses in activities deemed as harmful to the environment or society.

Documents

Exclusions

The negative overlay applied by the Fund Manager excludes investment in companies that Warakirri considers to have significant businesses, that is revenue of greater than 5% from the audited financial statements of a company, involved in the provision of gaming products or services, manufacture of tobacco products, alcoholic beverages, products for military applications, products that could contribute to increased levels of obesity, and the extraction of thermal coal or coal seam gas.

Exclusions	Full/Partial Exclusion	Description
Tobacco	Partial	The Fund will not invest in companies that generate more than 5% of their revenues from the manufacture of tobacco products.
Alcohol	Partial	The Fund will not invest in companies that generate more than 5% of their revenues from the manufacture of alcoholic beverages.
Weapons	Partial	The Fund will not invest in companies that generate more than 5% of their revenues from the manufacture of products for military applications.
Fossil fuel exploration, mining and production	Partial	The Fund will not invest in companies that generate more than 5% of their revenues from the extraction of thermal coal and/or coal seam gas.
Gambling	Partial	The Fund will not invest in companies that generate more than 5% of their revenues from the provision of gaming products and/or services.

Inclusions

Warakirri applies a proprietary ethical screen for the Fund. The positive overlay component incorporates a focus on investment in sustainable businesses that exhibit sound environmental, social and governance practices. In addition to the application of Warakirri's proprietary ethical screen, Northcape Capital also incorporate ESG considerations into its investment decision making process. Northcape's investment procedures are designed to incorporate ESG issues into their investment analysis and decision-making processes, its ESG test is applied based on a scoring system that considers Environmental practices, Social practices, and Governance.

Indigenous business or cultural protection

UN Sustainable Development Goals

Conventions & Treaties

Warakirri has been a signatory of the UN Principles for Responsible Investment since 2020.

Conventions & Treaties	Aligned	Description
Principles for Responsible Investment	Yes	Signatory since 2020

ESG Score

ESG Score
Does the portfolio have an ESG score?	Not disclosed
If so, who is responsible for calculating the score?	Not disclosed
If a score is calculated, is this publicly available; i.e. displayed in monthly reports, on your website, etc.?	Not disclosed
If the portfolio has an ESG score, how often is that score recalculated to account for changes to portfolio holdings?

Impact Investing Score

Impact Investing Score
Does the portfolio have an Impact Investment score?	Not disclosed
If a score is calculated, is this publicly available; i.e. displayed in monthly reports, on your website, etc.?	Not disclosed
If the portfolio has an Impact Investment score, how often is that score recalculated to account for changes to portfolio holdings?
Does the fund publish its holdings publicly?	Partial

Policies, Certification & Marketing

Policies, Certification & Marketing
Modern slavery policy	View Modern slavery policy document
Is the fund RIAA certified?	No
Sustainability Report 2024	View Sustainability Report 2024 document

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